← 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	BlackRock Group London, United Kingdom	$329M	+$13.9M	4	0.18%	Increased
27	Geode Capital Management Boston, Massachusetts	$312M	-$6.01M	7	0.19%	Reduced
28	Janus Henderson Investors US Denver, Colorado	$307M	-$90.9M	3	0.26%	Reduced
29	Bank of Montreal Toronto, Ontario, Canada	$279M	-$42.6M	6	0.32%	Reduced
30	BlackRock Investment Management Wilmington, Delaware	$273M	-$1.53M	6	0.36%	Reduced
31	Goldman Sachs New York	$263M	+$11.2M	8	0.08%	Increased
32	Ameriprise Minneapolis, Minnesota	$256M	+$88.4M	4	0.15%	Increased
33	Invesco Atlanta, Georgia	$247M	-$54.6M	6	0.1%	Reduced
34	Morgan Stanley New York	$228M	+$8.5M	8	0.08%	Increased
35	Axa Paris, France	$216M	-$13.5M	3	0.87%	Reduced
36	Schroder Investment Management Group London, United Kingdom	$203M	-$21.6M	2	0.4%	Reduced
37	Franklin Resources San Mateo, California	$191M	+$600K	1	0.09%	Increased
38	California Public Employees Retirement System Sacramento, California	$181M	+$5.73M	6	0.25%	Increased
39	Deutsche Bank Frankfurt Am Main Ge, Germany	$180M	-$101M	6	0.11%	Reduced
40	AL AJO LP Philadelphia, Pennsylvania	$174M	-$136M	2	0.74%	Reduced
41	Legal & General Group London, United Kingdom	$164M	-$7.92M	5	0.19%	Reduced
42	Charles Schwab San Francisco, California	$163M	-$55.7M	5	0.25%	Reduced
43	UBS AM Chicago, Illinois	$160M	-$13.3M	5	0.15%	Reduced
44	MAM Marketfield Asset Management New York	$156M	+$145M	1	2.72%	New
45	New York State Common Retirement Fund Albany, New York	$154M	-$15.6M	4	0.23%	Reduced
46	TIAA CREF Investment Management New York	$150M	-$54.9M	5	0.11%	Reduced
47	Prudential Financial Newark, New Jersey	$148M	-$126M	4	0.27%	Reduced
48	O'Shaughnessy Asset Management Stamford, Connecticut	$144M	-$5.87M	3	2.76%	Reduced
49	Parametric Portfolio Associates Seattle, Washington	$135M	-$3.02M	6	0.29%	Reduced
50	Royal Bank of Canada Toronto, Ontario, Canada	$135M	+$9.56M	6	0.09%	Increased