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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
TOGEPT
Trustees of General Electric Pension Trust
Connecticut
$370M -$91.3M 1 100% Reduced
202
AIG
American International Group
New York
$370M -$11.8M 61 2.43% Reduced
203
Alyeska Investment Group
Alyeska Investment Group
Illinois
$370M -$44.8M 11 3.24% Reduced
204
Homestead Advisers
Homestead Advisers
Virginia
$369M -$28.4M 6 10.29% Reduced
205
National Bank of Canada
National Bank of Canada
Quebec, Canada
$368M -$65.8M 41 0.91% Reduced
206
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
$368M -$55M 40 1.63% Reduced
207
Mariner
Mariner
Kansas
$365M -$21.3M 40 1.06% Reduced
208
Brown Advisory
Brown Advisory
Maryland
$363M -$175M 22 0.61% Reduced
209
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
$360M +$91.6M 24 0.57% Increased
210
Capital Group Private Client Services
Capital Group Private Client Services
California
$358M -$6.75M 8 4.43% Reduced
211
Ceredex Value Advisors
Ceredex Value Advisors
Florida
$353M +$13.4M 8 5.49% Increased
212
Frontier Capital Management
Frontier Capital Management
Massachusetts
$352M -$9.7M 6 3.64% Reduced
213
Royal London Asset Management
Royal London Asset Management
United Kingdom
$352M -$1.22M 17 1.41% Reduced
214
Bank Julius Baer & Co
Bank Julius Baer & Co
Switzerland
$350M +$9.67M 10 2.22% Increased
215
CI Investments Inc
CI Investments Inc
Ontario, Canada
$350M -$17.6M 28 1.76% Reduced
216
State of Michigan Retirement System
State of Michigan Retirement System
Michigan
$343M -$57.7K 27 2.26% Reduced
217
Calamos Advisors
Calamos Advisors
Illinois
$343M -$11.9M 11 1.67% Reduced
218
Congress Asset Management
Congress Asset Management
Massachusetts
$340M +$6.38M 10 3.17% Increased
219
Segall Bryant & Hamill
Segall Bryant & Hamill
Illinois
$339M +$2.48M 20 3.66% Increased
220
CAPTRUST Financial Advisors
CAPTRUST Financial Advisors
North Carolina
$337M +$43.4M 36 1.48% Increased
221
Aberdeen Group
Aberdeen Group
United Kingdom
$330M +$3.88M 20 0.83% Increased
222
ExodusPoint Capital Management
ExodusPoint Capital Management
New York
$325M +$127M 32 2.69% Increased
223
Nomura Asset Management
Nomura Asset Management
Japan
$323M -$25.2M 35 1.7% Reduced
224
Jarislowsky, Fraser Ltd
Jarislowsky, Fraser Ltd
Quebec, Canada
$321M -$11.1M 3 1.98% Reduced
225
Manning & Napier Group
Manning & Napier Group
New York
$320M +$59.9M 6 3.72% Increased