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
| $70.8B | +$994M | 74 | 2.96% | Increased |
|
| 2 |
BlackRock
New York
| $61.3B | -$411M | 72 | 2.82% | Reduced |
|
| 3 |
State Street
Boston,
Massachusetts
| $56.5B | -$1.06B | 59 | 4.72% | Reduced |
|
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
| $23.1B | +$862M | 50 | 3.53% | Increased |
|
| 5 |
Fidelity Investments
Boston,
Massachusetts
| $19.9B | +$1.68B | 42 | 2.29% | Increased |
|
| 6 |
Newport Trust Company
Washington,
District of Columbia
| $17.8B | -$151M | 3 | 51.73% | Reduced |
|
| 7 |
Capital World Investors
Los Angeles,
California
| $15B | -$1.98B | 9 | 3.21% | Reduced |
|
| 8 |
Bank of America
Charlotte,
North Carolina
| $14.9B | +$409M | 69 | 2.46% | Increased |
|
| 9 |
Capital Research Global Investors
Los Angeles,
California
| $14.6B | +$17.1M | 14 | 3.98% | Increased |
|
| 10 |
Wellington Management Group
Boston,
Massachusetts
| $12.1B | +$1.9B | 40 | 2.7% | Increased |
|
| 11 |
Northern Trust
Chicago,
Illinois
| $10.4B | -$183M | 69 | 2.63% | Reduced |
|
| 12 |
Geode Capital Management
Boston,
Massachusetts
| $9.73B | +$220M | 68 | 2.99% | Increased |
|
| 13 |
Bank of New York Mellon
New York
| $9.25B | +$14.2M | 63 | 2.51% | Increased |
|
| 14 |
Massachusetts Financial Services
Boston,
Massachusetts
| $9.08B | -$198M | 20 | 3.89% | Reduced |
|
| 15 |
JP Morgan Chase
New York
| $8.97B | +$208M | 61 | 1.84% | Increased |
|
| 16 |
Wells Fargo
San Francisco,
California
| $8.56B | +$87.6M | 71 | 2.54% | Increased |
|
| 17 |
Morgan Stanley
New York
| $7.61B | -$711M | 77 | 2.06% | Reduced |
|
| 18 |
Franklin Resources
San Mateo,
California
| $6.82B | -$443M | 24 | 3.5% | Reduced |
|
| 19 |
Goldman Sachs
New York
| $6.27B | -$1.71B | 57 | 1.7% | Reduced |
|
| 20 |
Janus Henderson Group
London,
| $6.2B | +$46.1M | 28 | 3.53% | Increased |
|
| 21 |
Longview Asset Management (Illinois)
Chicago,
Illinois
| $6.09B | $0 | 1 | 97.54% | Maintained |
|
| 22 |
Ameriprise
Minneapolis,
Minnesota
| $5.93B | -$226M | 52 | 2.62% | Reduced |
|
| 23 |
Dimensional Fund Advisors
Austin,
Texas
| $5.54B | +$58.1M | 65 | 2.21% | Increased |
|
| 24 |
Invesco
Atlanta,
Georgia
| $5.45B | +$573M | 60 | 1.81% | Increased |
|
| 25 |
TIAA CREF Investment Management
New York
| $5.15B | +$226M | 51 | 3.46% | Increased |
|