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
| $181B | +$3.55B | 98 | 2.92% | Increased |
|
| 2 |
BlackRock
New York
| $149B | -$697M | 102 | 2.84% | Reduced |
|
| 3 |
State Street
Boston,
Massachusetts
| $106B | +$1.2B | 93 | 3.99% | Increased |
|
| 4 |
Fidelity Investments
Boston,
Massachusetts
| $44.9B | +$1.28B | 82 | 2.53% | Increased |
|
| 5 |
Geode Capital Management
Boston,
Massachusetts
| $41.7B | -$201M | 99 | 2.92% | Reduced |
|
| 6 |
Capital International Investors
Los Angeles,
California
| $36.8B | +$1.17B | 13 | 6.35% | Increased |
|
| 7 |
Morgan Stanley
New York
| $34.6B | +$339M | 107 | 2.25% | Increased |
|
| 8 |
Capital Research Global Investors
Los Angeles,
California
| $33.7B | -$2.43B | 15 | 6.75% | Reduced |
|
| 9 |
Capital World Investors
Los Angeles,
California
| $32.7B | +$3.45B | 20 | 4.75% | Increased |
|
| 10 |
Bank of America
Charlotte,
North Carolina
| $27B | +$535M | 104 | 1.97% | Increased |
|
| 11 |
T. Rowe Price Associates
Baltimore,
Maryland
| $24.5B | +$536M | 68 | 2.78% | Increased |
|
| 12 |
JP Morgan Chase
New York
| $23.4B | -$1.5B | 88 | 1.53% | Reduced |
|
| 13 |
Invesco
Atlanta,
Georgia
| $22.4B | +$577M | 73 | 3.82% | Increased |
|
| 14 |
Newport Trust Company
Washington,
District of Columbia
| $20.4B | -$1.48B | 6 | 48.86% | Reduced |
|
| 15 |
Northern Trust
Chicago,
Illinois
| $17.1B | -$159M | 90 | 2.35% | Reduced |
|
| 16 |
Charles Schwab
San Francisco,
California
| $16.4B | +$82.2M | 78 | 2.84% | Increased |
|
| 17 |
Wellington Management Group
Boston,
Massachusetts
| $16.4B | +$205M | 43 | 2.97% | Increased |
|
| 18 |
Norges Bank
Oslo,
Norway
| $14.9B | +$797M | 41 | 1.86% | Increased |
|
| 19 |
Goldman Sachs
New York
| $13.4B | +$1.59B | 90 | 1.82% | Increased |
|
| 20 |
Bank of New York Mellon
New York
| $13B | -$37.9M | 76 | 2.47% | Reduced |
|
| 21 |
UBS Group
Zurich,
Switzerland
| $12.6B | -$70.1M | 113 | 2.17% | Reduced |
|
| 22 |
TCI Fund Management
London,
United Kingdom
| $12.2B | -$13.3M | 1 | 24.12% | Reduced |
|
| 23 |
Massachusetts Financial Services
Boston,
Massachusetts
| $11.8B | +$67.1M | 24 | 3.75% | Increased |
|
| 24 |
UBS AM
Chicago,
Illinois
| $11.2B | +$1.48B | 59 | 2.27% | Increased |
|
| 25 |
Dimensional Fund Advisors
Austin,
Texas
| $10.9B | -$4.89M | 79 | 2.52% | Reduced |
|