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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
Luther King Capital Management (LKCM)
Luther King Capital Management (LKCM)
Texas
$346M +$1.77M 12 2.79% Increased
202
Korea Investment Corp
Korea Investment Corp
South Korea
$346M -$28.7M 10 2.84% Reduced
203
Winton Group
Winton Group
United Kingdom
$344M -$422M 18 4.26% Reduced
204
Jensen Investment Management
Jensen Investment Management
Oregon
$331M +$34.9M 1 5.12% Increased
205
Brown Advisory
Brown Advisory
Maryland
$330M -$278M 17 1.04% Reduced
206
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$330M -$2.99M 8 0.92% Reduced
207
First Pacific Advisors
First Pacific Advisors
California
$330M +$261M 3 2.63% Increased
208
Factory Mutual Insurance
Factory Mutual Insurance
Massachusetts
$328M +$26.8M 7 4.43% Increased
209
AWM
Ashmore Wealth Management
Delaware
$324M -$46.2M 2 6.33% Reduced
210
CI Investments Inc
CI Investments Inc
Ontario, Canada
$321M -$53M 4 3.63% Reduced
211
Marsico Capital Management
Marsico Capital Management
Colorado
$319M -$79.8M 2 2.56% Reduced
212
KBC Group
KBC Group
Belgium
$317M +$203M 34 3.78% Increased
213
VFA
Virtus Fund Advisers
Connecticut
$316M -$102M 24 2.33% Reduced
214
Veritas Asset Management
Veritas Asset Management
United Kingdom
$316M -$246M 1 4.99% Reduced
215
PointState Capital
PointState Capital
New York
$313M +$162M 5 5.33% Increased
216
CCMH
Cornerstone Capital Management Holdings
New York
$312M +$44.2M 21 3.2% Increased
217
TPSF
Texas Permanent School Fund
Texas
$311M -$7.46M 39 3.42% Reduced
218
Edge Asset Management
Edge Asset Management
Washington
$311M +$4.08M 8 3% Increased
219
Public Sector Pension Investment Board (PSP Investments)
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$308M -$21.4M 30 2% Reduced
220
RS Investment Management
RS Investment Management
California
$308M -$1.57M 6 2.74% Reduced
221
Kornitzer Capital Management
Kornitzer Capital Management
Kansas
$302M -$11.8M 7 3.53% Reduced
222
Calamos Advisors
Calamos Advisors
Illinois
$301M +$24.9M 8 1.99% Increased
223
Jarislowsky, Fraser Ltd
Jarislowsky, Fraser Ltd
Quebec, Canada
$301M +$8.95M 2 1.86% Increased
224
Bahl & Gaynor
Bahl & Gaynor
Ohio
$299M -$7.45M 7 4.19% Reduced
225
Two Sigma Advisers
Two Sigma Advisers
New York
$299M +$26.2M 42 2.31% Increased