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
| $81.6B | +$1.22B | 77 | 3.03% | Increased |
|
| 2 |
BlackRock
New York
| $69.8B | +$1.92B | 73 | 2.93% | Increased |
|
| 3 |
State Street
Boston,
Massachusetts
| $65.5B | +$56.6M | 64 | 4.88% | Increased |
|
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
| $34.9B | +$1.89B | 51 | 4.94% | Increased |
|
| 5 |
Capital World Investors
Los Angeles,
California
| $22.8B | +$2.77B | 12 | 5.5% | Increased |
|
| 6 |
Fidelity Investments
Boston,
Massachusetts
| $21.9B | +$271M | 52 | 2.63% | Increased |
|
| 7 |
Newport Trust Company
Washington,
District of Columbia
| $20.9B | -$220M | 4 | 55.52% | Reduced |
|
| 8 |
Wellington Management Group
Boston,
Massachusetts
| $16.6B | +$82.4M | 39 | 3.75% | Increased |
|
| 9 |
Bank of America
Charlotte,
North Carolina
| $15.4B | +$89.2M | 77 | 2.29% | Increased |
|
| 10 |
Capital International Investors
Los Angeles,
California
| $15.3B | +$2.41B | 11 | 5.83% | Increased |
|
| 11 |
Geode Capital Management
Boston,
Massachusetts
| $13.1B | +$672M | 71 | 3.06% | Increased |
|
| 12 |
Capital Research Global Investors
Los Angeles,
California
| $12.9B | +$346M | 15 | 4.24% | Increased |
|
| 13 |
JP Morgan Chase
New York
| $11.3B | +$410M | 61 | 2.25% | Increased |
|
| 14 |
Northern Trust
Chicago,
Illinois
| $11B | -$139M | 72 | 2.63% | Reduced |
|
| 15 |
Massachusetts Financial Services
Boston,
Massachusetts
| $10.3B | +$80.3M | 18 | 4.12% | Increased |
|
| 16 |
Bank of New York Mellon
New York
| $9.7B | -$68.8M | 62 | 2.66% | Reduced |
|
| 17 |
Wells Fargo
San Francisco,
California
| $8.85B | -$157M | 74 | 2.51% | Reduced |
|
| 18 |
Nuveen
Charlotte,
North Carolina
| $7.98B | +$329M | 53 | 3.23% | Increased |
|
| 19 |
Morgan Stanley
New York
| $7.92B | +$178M | 78 | 2.1% | Increased |
|
| 20 |
Invesco
Atlanta,
Georgia
| $7.56B | +$312M | 57 | 1.98% | Increased |
|
| 21 |
Janus Henderson Group
London,
| $7.01B | +$170M | 28 | 3.8% | Increased |
|
| 22 |
Dimensional Fund Advisors
Austin,
Texas
| $6.53B | +$115M | 65 | 2.54% | Increased |
|
| 23 |
Goldman Sachs
New York
| $6.52B | -$152M | 60 | 1.89% | Reduced |
|
| 24 |
UBS Group
Zurich,
Switzerland
| $6.22B | -$160M | 79 | 2.39% | Reduced |
|
| 25 |
Longview Asset Management (Illinois)
Chicago,
Illinois
| $6.01B | $0 | 1 | 94.01% | Maintained |
|