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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
Bahl & Gaynor
Bahl & Gaynor
Ohio
$781M -$30.4M 13 3.95% Reduced
202
ING Group
ING Group
Netherlands
$780M +$96.3M 20 4.71% Increased
203
Edgewood Management
Edgewood Management
Connecticut
$779M -$72.7M 3 3.71% Reduced
204
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$773M +$193M 34 2.03% Increased
205
GAMCO Investors
GAMCO Investors
Connecticut
$768M -$15.8M 33 7.38% Reduced
206
Eurizon Capital SGR SpA
Eurizon Capital SGR SpA
$753M +$739M 37 2.34% New
207
WPL
WINDACRE PARTNERSHIP LLC
Texas
$753M -$60.8M 1 8.07% Reduced
208
BAMCO Inc
BAMCO Inc
New York
$751M -$94.5M 10 2.03% Reduced
209
Mawer Investment Management
Mawer Investment Management
Alberta, Canada
$747M -$77.6M 3 4.19% Reduced
210
KeyBank National Association
KeyBank National Association
Ohio
$737M -$9.66M 31 2.64% Reduced
211
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
$734M -$13.7M 46 2.65% Reduced
212
Congress Asset Management
Congress Asset Management
Massachusetts
$726M -$85.7M 14 5.11% Reduced
213
Fifth Third Bancorp
Fifth Third Bancorp
Ohio
$722M -$9.17M 54 2.29% Reduced
214
Fuller & Thaler Asset Management
Fuller & Thaler Asset Management
California
$707M -$252M 14 2.39% Reduced
215
Canada Life
Canada Life
Manitoba, Canada
$705M -$215M 43 1.23% Reduced
216
AIP
AE Industrial Partners
Florida
$696M $0 1 43.34% Maintained
217
Rafferty Asset Management
Rafferty Asset Management
New York
$678M -$5.7M 36 2.34% Reduced
218
Gotham Asset Management
Gotham Asset Management
New York
$673M +$119M 47 2.46% Increased
219
Pacer Advisors
Pacer Advisors
Pennsylvania
$670M -$51.3M 36 1.71% Reduced
220
Gabelli Funds
Gabelli Funds
New York
$668M +$6.13M 41 4.52% Increased
221
Heard Capital LLC
Heard Capital LLC
Illinois
$665M +$50.1M 4 31.23% Increased
222
Hood River Capital Management
Hood River Capital Management
Florida
$665M -$7.48M 11 7.29% Reduced
223
Stephens Investment Management Group
Stephens Investment Management Group
Texas
$663M -$46.7M 12 8.64% Reduced
224
Huntington National Bank
Huntington National Bank
Ohio
$663M +$9.97M 57 3.98% Increased
225
State of Michigan Retirement System
State of Michigan Retirement System
Michigan
$659M -$20.3M 32 3.2% Reduced