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 | |
|---|---|---|---|---|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
| $69.5B | +$782M | 70 | 3.25% | Increased |
|
| 2 |
BlackRock
New York
| $62.1B | +$884M | 67 | 3.13% | Increased |
|
| 3 |
State Street
Boston,
Massachusetts
| $58.9B | -$782M | 57 | 5.08% | Reduced |
|
| 4 |
Capital World Investors
Los Angeles,
California
| $23.4B | -$2B | 11 | 5.3% | Reduced |
|
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
| $18.7B | +$912M | 50 | 3.19% | Increased |
|
| 6 |
Fidelity Investments
Boston,
Massachusetts
| $17.7B | -$83M | 41 | 2.13% | Reduced |
|
| 7 |
Bank of America
Charlotte,
North Carolina
| $17.1B | +$2.14B | 63 | 2.71% | Increased |
|
| 8 |
Evercore Trust Company
New York
| $16.1B | -$126M | 4 | 46.65% | Reduced |
|
| 9 |
Capital Research Global Investors
Los Angeles,
California
| $14.7B | +$152M | 13 | 4.43% | Increased |
|
| 10 |
Wellington Management Group
Boston,
Massachusetts
| $12.5B | -$1.12B | 40 | 2.87% | Reduced |
|
| 11 |
Northern Trust
Chicago,
Illinois
| $11.6B | +$416M | 67 | 3.02% | Increased |
|
| 12 |
Bank of New York Mellon
New York
| $10B | -$330M | 61 | 2.76% | Reduced |
|
| 13 |
Morgan Stanley
New York
| $9.7B | +$976M | 71 | 2.9% | Increased |
|
| 14 |
Wells Fargo
San Francisco,
California
| $9.3B | +$100M | 71 | 2.88% | Increased |
|
| 15 |
Geode Capital Management
Boston,
Massachusetts
| $9.12B | +$194M | 65 | 3.37% | Increased |
|
| 16 |
Massachusetts Financial Services
Boston,
Massachusetts
| $9.1B | -$184M | 21 | 3.95% | Reduced |
|
| 17 |
JP Morgan Chase
New York
| $8.64B | -$629M | 54 | 1.91% | Reduced |
|
| 18 |
Franklin Resources
San Mateo,
California
| $7.33B | +$759M | 25 | 3.59% | Increased |
|
| 19 |
Goldman Sachs
New York
| $7.27B | +$321M | 55 | 1.78% | Increased |
|
| 20 |
Longview Asset Management (Illinois)
Chicago,
Illinois
| $6.85B | $0 | 1 | 90.49% | Maintained |
|
| 21 |
Ameriprise
Minneapolis,
Minnesota
| $6.46B | -$178M | 53 | 3.08% | Reduced |
|
| 22 |
Janus Henderson Group
London,
| $5.67B | -$127M | 26 | 3.63% | Reduced |
|
| 23 |
TIAA CREF Investment Management
New York
| $5.47B | +$86.4M | 51 | 3.73% | Increased |
|
| 24 |
Invesco
Atlanta,
Georgia
| $5.45B | -$95.2M | 54 | 2.01% | Reduced |
|
| 25 |
Dimensional Fund Advisors
Austin,
Texas
| $5.33B | +$37.3M | 65 | 2.33% | Increased |
|