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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
VanEck Associates
VanEck Associates
New York
$376M +$323M 35 0.83% Increased
202
Royce & Associates
Royce & Associates
New York
$372M +$7.85M 32 3.79% Increased
203
Mariner
Mariner
Kansas
$372M +$6.76M 44 1% Increased
204
Eagle Asset Management
Eagle Asset Management
Florida
$369M -$152M 15 2.18% Reduced
205
Lone Pine Capital
Lone Pine Capital
Connecticut
$368M -$128M 1 3.55% Reduced
206
Ceredex Value Advisors
Ceredex Value Advisors
Florida
$367M -$5.29M 9 6.48% Reduced
207
Capital Group Private Client Services
Capital Group Private Client Services
California
$367M +$12.5M 8 4.47% Increased
208
M&T Bank
M&T Bank
New York
$364M -$42.2M 37 1.45% Reduced
209
Panagora Asset Management
Panagora Asset Management
Massachusetts
$363M -$82.4M 31 2.25% Reduced
210
Kestra Advisory Services
Kestra Advisory Services
Texas
$362M +$32.3M 28 3.56% Increased
211
AIG
American International Group
New York
$362M -$14.8M 60 2.35% Reduced
212
Fort Washington Investment Advisors
Fort Washington Investment Advisors
Ohio
$361M -$24.1M 12 2.72% Reduced
213
Silvercrest Asset Management
Silvercrest Asset Management
New York
$360M +$11.4M 28 2.73% Increased
214
FI
Focused Investors
California
$352M +$15.2M 4 12.52% Increased
215
Homestead Advisers
Homestead Advisers
Virginia
$351M +$5.41M 5 9.74% Increased
216
Woodline Partners
Woodline Partners
California
$350M -$36.6M 11 4.11% Reduced
217
Commerce Bank
Commerce Bank
Missouri
$349M +$13.2M 27 2.75% Increased
218
Nomura Asset Management
Nomura Asset Management
Japan
$345M +$16.6M 34 1.62% Increased
219
AustralianSuper
AustralianSuper
Australia
$345M +$130M 8 2.23% Increased
220
Glenmede Trust
Glenmede Trust
Pennsylvania
$342M -$75.8M 29 1.95% Reduced
221
Haverford Trust Company
Haverford Trust Company
Pennsylvania
$337M +$2.38M 9 4.11% Increased
222
Segall Bryant & Hamill
Segall Bryant & Hamill
Illinois
$336M -$12M 14 3.89% Reduced
223
Winslow Capital Management
Winslow Capital Management
Minnesota
$333M -$345M 2 1.58% Reduced
224
VS
VK Services
California
$327M $0 1 43.63% Maintained
225
Teacher Retirement System of Texas
Teacher Retirement System of Texas
Texas
$324M +$31.4M 43 2.15% Increased