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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
DF Dent & Co
DF Dent & Co
Maryland
$421M +$33.8M 3 4.48% Increased
202
FI
Focused Investors
California
$421M +$13M 4 13.39% Increased
203
Natixis
Natixis
France
$421M -$299M 23 1.84% Reduced
204
Aviva
Aviva
United Kingdom
$420M +$3.65M 15 1.84% Increased
205
State of Michigan Retirement System
State of Michigan Retirement System
Michigan
$420M +$74.7M 27 2.47% Increased
206
Balyasny Asset Management
Balyasny Asset Management
Illinois
$418M +$17.5M 28 1.98% Increased
207
TOGEPT
Trustees of General Electric Pension Trust
Connecticut
$417M $0 1 100% Maintained
208
Treasurer of the State of North Carolina
Treasurer of the State of North Carolina
North Carolina
$416M +$9.21M 30 2.41% Increased
209
Public Sector Pension Investment Board (PSP Investments)
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$406M +$97.5M 31 2.45% Increased
210
Pictet Asset Management (UK)
Pictet Asset Management (UK)
United Kingdom
$406M -$41.5M 33 0.44% Reduced
211
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
$395M +$103M 20 2.68% Increased
212
Anchor Capital Advisors
Anchor Capital Advisors
Massachusetts
$391M -$263K 14 7.86% Reduced
213
Cullen Capital Management
Cullen Capital Management
New York
$390M +$51.7M 8 3.77% Increased
214
APG Asset Management
APG Asset Management
Netherlands
$389M -$28.3M 10 0.66% Reduced
215
BAMCO Inc
BAMCO Inc
New York
$387M +$17.9M 6 0.89% Increased
216
Westwood Holdings Group
Westwood Holdings Group
Texas
$385M -$9.61M 12 3.9% Reduced
217
KeyBank National Association
KeyBank National Association
Ohio
$384M +$651K 22 1.68% Increased
218
ProShare Advisors
ProShare Advisors
Maryland
$383M +$6.39M 45 1.12% Increased
219
TPG Group Holdings (SBS) Advisors
TPG Group Holdings (SBS) Advisors
Texas
$376M -$471M 1 2.68% Reduced
220
Commerce Bank
Commerce Bank
Missouri
$375M +$34.1M 22 2.66% Increased
221
Fuller & Thaler Asset Management
Fuller & Thaler Asset Management
California
$373M +$60M 12 2.42% Increased
222
Rothschild & Co Asset Management US
Rothschild & Co Asset Management US
Connecticut
$363M +$5.17M 6 4.31% Increased
223
Calamos Advisors
Calamos Advisors
Illinois
$361M +$50.6M 10 1.65% Increased
224
Silvercrest Asset Management
Silvercrest Asset Management
New York
$358M -$9.85M 16 2.35% Reduced
225
Haverford Trust Company
Haverford Trust Company
Pennsylvania
$350M +$4.71M 9 4.12% Increased