← All themes Defense Modernization

Drones & Counter-Drone

Cheap uncrewed systems have changed how wars are fought, and defending against them has become as urgent as fielding them. Both sides of that exchange are now funded procurement lines.

30 stocks

#	Name	Holding	Trade Value	Theme Stocks	% of Portfolio	Status
26	AL AJO LP Philadelphia, Pennsylvania	$298M	-$24.5M	2	1.28%	Reduced
27	Geode Capital Management Boston, Massachusetts	$286M	-$5.56M	7	0.18%	Reduced
28	BlackRock Group London, United Kingdom	$277M	-$9.15M	4	0.16%	Reduced
29	Prudential Financial Newark, New Jersey	$272M	-$8.66M	4	0.48%	Reduced
30	Bank of Montreal Toronto, Ontario, Canada	$261M	+$4.95M	7	0.29%	Increased
31	AQR Capital Management Greenwich, Connecticut	$251M	+$14.4M	6	0.68%	Increased
32	Winton Group London, United Kingdom	$246M	+$246M	2	1.68%	New
33	Axa Paris, France	$245M	+$4.35M	3	1.02%	Increased
34	BlackRock Investment Management Wilmington, Delaware	$243M	+$1.12M	6	0.33%	Increased
35	Goldman Sachs New York	$233M	-$48.4M	7	0.07%	Reduced
36	Norges Bank Oslo, Norway	$220M	+$118M	3	0.06%	Increased
37	Morgan Stanley New York	$199M	-$8.92M	8	0.08%	Reduced
38	Managed Account Advisors Jersey City, New Jersey	$198M	-$4.07M	4	0.24%	Reduced
39	TIAA CREF Investment Management New York	$195M	-$4.04M	5	0.14%	Reduced
40	Charles Schwab San Francisco, California	$191M	+$4.77M	5	0.32%	Increased
41	Schroder Investment Management Group London, United Kingdom	$187M	+$9.43M	2	0.23%	Increased
42	Russell Frank Company Seattle, Washington	$175M	+$15.8M	5	0.31%	Increased
43	Deutsche Bank Frankfurt Am Main Ge, Germany	$173M	-$179M	6	0.12%	Reduced
44	New York State Common Retirement Fund Albany, New York	$162M	-$2.98M	4	0.24%	Reduced
45	Franklin Resources San Mateo, California	$155M	+$137K	2	0.07%	Increased
46	Legal & General Group London, United Kingdom	$154M	-$3.02M	3	0.18%	Reduced
47	UBS AM Chicago, Illinois	$149M	+$1.12M	5	0.15%	Increased
48	California Public Employees Retirement System Sacramento, California	$147M	-$817K	5	0.2%	Reduced
49	Ameriprise Minneapolis, Minnesota	$142M	-$89.5M	5	0.08%	Reduced
50	Panagora Asset Management Boston, Massachusetts	$133M	-$30.9M	4	0.65%	Reduced