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
| $78.7B | +$501M | 77 | 2.96% | Increased |
|
| 2 |
BlackRock
New York
| $66.5B | +$355M | 74 | 2.84% | Increased |
|
| 3 |
State Street
Boston,
Massachusetts
| $62.9B | +$180M | 63 | 4.69% | Increased |
|
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
| $32.1B | +$1.73B | 53 | 4.5% | Increased |
|
| 5 |
Fidelity Investments
Boston,
Massachusetts
| $22.1B | -$289M | 54 | 2.58% | Reduced |
|
| 6 |
Newport Trust Company
Washington,
District of Columbia
| $21B | +$2.52B | 4 | 56.75% | Increased |
|
| 7 |
Capital World Investors
Los Angeles,
California
| $18.7B | +$847M | 13 | 4.39% | Increased |
|
| 8 |
Wellington Management Group
Boston,
Massachusetts
| $15.7B | -$203M | 42 | 3.48% | Reduced |
|
| 9 |
Bank of America
Charlotte,
North Carolina
| $14.9B | -$976M | 70 | 2.25% | Reduced |
|
| 10 |
Geode Capital Management
Boston,
Massachusetts
| $12.2B | +$446M | 70 | 2.95% | Increased |
|
| 11 |
Capital Research Global Investors
Los Angeles,
California
| $12.1B | -$253M | 15 | 3.84% | Reduced |
|
| 12 |
Capital International Investors
Los Angeles,
California
| $11.6B | +$1.03B | 11 | 4.65% | Increased |
|
| 13 |
Northern Trust
Chicago,
Illinois
| $10.9B | -$28.1M | 71 | 2.59% | Reduced |
|
| 14 |
JP Morgan Chase
New York
| $10.5B | +$554M | 62 | 2.05% | Increased |
|
| 15 |
Bank of New York Mellon
New York
| $10.5B | -$9.52M | 62 | 2.85% | Reduced |
|
| 16 |
Massachusetts Financial Services
Boston,
Massachusetts
| $9.82B | -$281M | 15 | 4% | Reduced |
|
| 17 |
Wells Fargo
San Francisco,
California
| $8.69B | -$294M | 74 | 2.49% | Reduced |
|
| 18 |
Morgan Stanley
New York
| $7.61B | +$282M | 77 | 2.03% | Increased |
|
| 19 |
Nuveen
Charlotte,
North Carolina
| $7.52B | +$6.94B | 53 | 2.96% | Increased |
|
| 20 |
Invesco
Atlanta,
Georgia
| $7.08B | +$1.75B | 57 | 1.82% | Increased |
|
| 21 |
Goldman Sachs
New York
| $6.53B | +$159M | 60 | 1.88% | Increased |
|
| 22 |
Janus Henderson Group
London,
| $6.51B | +$135M | 26 | 3.53% | Increased |
|
| 23 |
Dimensional Fund Advisors
Austin,
Texas
| $6.34B | +$5.97M | 64 | 2.46% | Increased |
|
| 24 |
UBS Group
Zurich,
Switzerland
| $6.19B | +$358M | 77 | 2.38% | Increased |
|
| 25 |
Longview Asset Management (Illinois)
Chicago,
Illinois
| $5.98B | $0 | 1 | 94.26% | Maintained |
|