← All themes

Defense Modernization

Defense modernization covers the rearmament and technology refresh underway as governments raise military budgets and restock depleted inventories. Contracts are long, funded, and relatively insensitive to the economic cycle.

163 stocks

# Name Holding Trade Value Theme
Stocks
% of
Portfolio
Status
201
abrdn Investment Management
abrdn Investment Management
United Kingdom
$350M -$67.7M 11 1.67% Reduced
202
Westfield Capital Management
Westfield Capital Management
Massachusetts
$348M -$26.4M 6 2.08% Reduced
203
Perkins Investment Management
Perkins Investment Management
Illinois
$347M -$87.3M 6 2.66% Reduced
204
Nuveen
Nuveen
North Carolina
$346M -$11.5M 32 2.07% Reduced
205
Stifel Financial
Stifel Financial
Missouri
$345M +$344M 27 3.3% New
206
Luther King Capital Management (LKCM)
Luther King Capital Management (LKCM)
Texas
$337M -$1.02M 13 2.75% Reduced
207
FP
FPR Partners
California
$332M -$49.6M 1 11.04% Reduced
208
MSA
Mason Street Advisors
Wisconsin
$329M +$2.16M 46 2.66% Increased
209
AGF Investments Inc
AGF Investments Inc
Ontario, Canada
$325M -$28.4M 8 3.32% Reduced
210
Public Sector Pension Investment Board (PSP Investments)
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$324M -$14.6M 29 2.07% Reduced
211
RS Investment Management
RS Investment Management
California
$323M -$108M 7 1.9% Reduced
212
Los Angeles Capital Management
Los Angeles Capital Management
California
$323M +$32.3M 30 3.53% Increased
213
Federated Hermes
Federated Hermes
Pennsylvania
$323M -$54.2M 36 1.08% Reduced
214
Jensen Investment Management
Jensen Investment Management
Oregon
$322M -$29.1M 3 4.64% Reduced
215
Kornitzer Capital Management
Kornitzer Capital Management
Kansas
$321M -$6.58M 6 3.41% Reduced
216
Cornerstone Investment Partners
Cornerstone Investment Partners
Georgia
$319M -$103M 4 3.87% Reduced
217
Jarislowsky, Fraser Ltd
Jarislowsky, Fraser Ltd
Quebec, Canada
$319M -$6.92M 2 1.85% Reduced
218
Millennium Management
Millennium Management
New York
$315M +$31.6M 36 0.91% Increased
219
SCCM
Schafer Cullen Capital Management
New York
$313M -$101M 11 3.04% Reduced
220
Select Equity Group
Select Equity Group
New York
$312M +$9.75M 4 3.41% Increased
221
CM
CS McKee
Pennsylvania
$312M -$42.6M 4 6.71% Reduced
222
Thornburg Investment Management
Thornburg Investment Management
New Mexico
$310M -$38.7M 1 1.22% Reduced
223
Marsico Capital Management
Marsico Capital Management
Colorado
$305M +$265M 2 2.2% Increased
224
Sarasin & Partners
Sarasin & Partners
United Kingdom
$303M -$22.2M 3 4.33% Reduced
225
Edge Asset Management
Edge Asset Management
Washington
$290M -$33.5M 8 3.07% Reduced