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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
Congress Asset Management
Congress Asset Management
Massachusetts
$344M +$47.4M 9 3.45% Increased
202
Nomura Asset Management
Nomura Asset Management
Japan
$343M +$14.9M 36 1.99% Increased
203
Ceredex Value Advisors
Ceredex Value Advisors
Florida
$343M +$15.4M 8 5.28% Increased
204
Sachem Head Capital Management
Sachem Head Capital Management
New York
$341M -$159M 1 13.34% Reduced
205
Royal London Asset Management
Royal London Asset Management
United Kingdom
$339M +$6.05M 17 1.52% Increased
206
Beutel, Goodman & Co
Beutel, Goodman & Co
Ontario, Canada
$338M -$2.31M 2 2.04% Reduced
207
Trian Fund Management
Trian Fund Management
New York
$338M +$96.1K 1 6.93% Increased
208
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
$335M +$13.9M 26 1.79% Increased
209
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance
Illinois
$334M $0 1 0.35% Maintained
210
Frontier Capital Management
Frontier Capital Management
Massachusetts
$333M -$12.6M 6 3.63% Reduced
211
State of Michigan Retirement System
State of Michigan Retirement System
Michigan
$329M +$1.63M 29 2.29% Increased
212
Aberdeen Group
Aberdeen Group
United Kingdom
$324M -$6.65M 20 0.88% Reduced
213
Kestra Advisory Services
Kestra Advisory Services
Texas
$321M +$190M 36 2.85% Increased
214
Amalgamated Bank
Amalgamated Bank
New York
$319M +$10M 61 2.85% Increased
215
Nisa Investment Advisors
Nisa Investment Advisors
Missouri
$318M +$6.11M 59 2.51% Increased
216
Brandes Investment Partners
Brandes Investment Partners
California
$314M -$92.9M 8 8.78% Reduced
217
Voloridge Investment Management
Voloridge Investment Management
Florida
$313M +$39.2M 27 1.74% Increased
218
Segall Bryant & Hamill
Segall Bryant & Hamill
Illinois
$313M -$4.12M 18 3.49% Reduced
219
Douglas Lane & Associates
Douglas Lane & Associates
New York
$312M +$10.9M 8 5.22% Increased
220
MetLife Investment Management
MetLife Investment Management
New Jersey
$311M -$6.4M 58 2.36% Reduced
221
Anchor Capital Advisors
Anchor Capital Advisors
Massachusetts
$310M -$12M 11 7.96% Reduced
222
CAPTRUST Financial Advisors
CAPTRUST Financial Advisors
North Carolina
$309M +$16.7M 35 1.56% Increased
223
AIM
Allen Investment Management
New York
$305M -$47.5M 5 4.9% Reduced
224
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
$298M -$90.8M 32 0.77% Reduced
225
SAM
Scopus Asset Management
New York
$296M +$177M 12 8.06% Increased