← All themes

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

Defense Tech & C4ISR Drones & Counter-Drone Military Shipbuilding Munitions Restocking

#	Name	Holding	Trade Value	Theme Stocks	% of Portfolio	Status
1	State Street Boston, Massachusetts	$41.5B	+$40.5B	56	5.41%	New
2	Vanguard Group Malvern, Pennsylvania	$32B	+$31.4B	63	3.37%	New
3	Capital World Investors Los Angeles, California	$22.2B	+$21.3B	14	7.19%	New
4	BlackRock Institutional Trust San Francisco, California	$16.9B	+$16.5B	61	3.41%	New
5	Fidelity Investments Boston, Massachusetts	$12.3B	+$12.1B	41	2.01%	New
6	T. Rowe Price Associates Baltimore, Maryland	$11.9B	+$11.6B	42	3.18%	New
7	Evercore Trust Company New York	$10.2B	+$9.6B	4	39.28%	New
8	Bank of New York Mellon New York	$9.93B	+$9.73B	62	3.13%	New
9	Wellington Management Group Boston, Massachusetts	$9.69B	+$9.46B	34	3.16%	New
10	Northern Trust Chicago, Illinois	$9.46B	+$9.27B	60	3.43%	New
11	Massachusetts Financial Services Boston, Massachusetts	$8.84B	+$8.64B	17	5.98%	New
12	BlackRock Fund Advisors San Francisco, California	$8.21B	+$7.98B	57	3.01%	New
13	JP Morgan Chase New York	$7.94B	+$7.86B	51	2.53%	New
14	Capital Research Global Investors Los Angeles, California	$7.04B	+$6.84B	8	2.99%	New
15	Bank of America Charlotte, North Carolina	$5.6B	+$5.51B	65	2.35%	New
16	Invesco Atlanta, Georgia	$4.82B	+$4.73B	56	2.25%	New
17	Franklin Resources San Mateo, California	$4.74B	+$4.62B	26	2.7%	New
18	Wells Fargo San Francisco, California	$4.67B	+$4.57B	63	2.42%	New
19	Goldman Sachs New York	$4.64B	+$4.53B	50	1.79%	New
20	Ameriprise Minneapolis, Minnesota	$4.24B	+$4.14B	54	2.94%	New
21	Geode Capital Management Boston, Massachusetts	$4.16B	+$4.08B	60	3.66%	New
22	BlackRock Group London, United Kingdom	$4.12B	+$4.05B	45	3.12%	New
23	TIAA CREF Investment Management New York	$4.1B	+$4B	48	3.34%	New
24	BlackRock Advisors Wilmington, Delaware	$3.76B	+$3.71B	59	3.94%	New
25	Morgan Stanley New York	$3.55B	+$3.48B	57	1.79%	New