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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
Viking Global Investors
Viking Global Investors
Connecticut
$551M +$44.3M 1 1.75% Increased
202
DF Dent & Co
DF Dent & Co
Maryland
$548M +$51.7M 5 7.32% Increased
203
Fifth Third Bancorp
Fifth Third Bancorp
Ohio
$547M +$6.87M 49 2.08% Increased
204
Kestra Advisory Services
Kestra Advisory Services
Texas
$545M -$10.1M 35 2.64% Reduced
205
Capital Group Private Client Services
Capital Group Private Client Services
California
$543M +$78M 7 5.3% Increased
206
Comerica Bank
Comerica Bank
Texas
$537M -$13M 57 2.26% Reduced
207
London Company of Virginia
London Company of Virginia
Virginia
$536M -$12.4M 3 3.06% Reduced
208
Clal Insurance
Clal Insurance
Israel
$534M -$9.86M 8 5.52% Reduced
209
Select Equity Group
Select Equity Group
New York
$526M -$195M 7 2.27% Reduced
210
Gabelli Funds
Gabelli Funds
New York
$524M +$9.24M 34 4% Increased
211
AIP
AE Industrial Partners
Florida
$519M -$174M 2 79.79% Reduced
212
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
$518M -$37.8M 43 2.33% Reduced
213
Diamond Hill Capital Management
Diamond Hill Capital Management
Ohio
$515M -$180M 7 2.36% Reduced
214
Credit Agricole
Credit Agricole
France
$513M -$185M 26 1.61% Reduced
215
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
$506M -$278M 18 0.84% Reduced
216
Alkeon Capital Management
Alkeon Capital Management
New York
$506M +$3.59M 3 1.05% Increased
217
State of Michigan Retirement System
State of Michigan Retirement System
Michigan
$505M -$4.13M 30 2.91% Reduced
218
Pacer Advisors
Pacer Advisors
Pennsylvania
$504M +$133M 22 1.18% Increased
219
AKO Capital
AKO Capital
United Kingdom
$503M -$44.5M 2 6.53% Reduced
220
Stephens Investment Management Group
Stephens Investment Management Group
Texas
$503M +$14.2M 11 7.26% Increased
221
Public Employees Retirement Association of Colorado
Public Employees Retirement Association of Colorado
Colorado
$498M +$25.5M 46 2.13% Increased
222
CAPTRUST Financial Advisors
CAPTRUST Financial Advisors
North Carolina
$495M +$91.2M 46 1.24% Increased
223
Fort Washington Investment Advisors
Fort Washington Investment Advisors
Ohio
$494M -$27.2M 14 3.03% Reduced
224
Osaic Holdings
Osaic Holdings
Arizona
$493M -$17.3M 93 1.1% Reduced
225
Great Lakes Advisors
Great Lakes Advisors
Illinois
$489M -$38M 19 4.38% Reduced