← All themes Defense Modernization

Munitions Restocking

Munitions restocking covers the artillery, missiles, and propellant being replaced after inventories were drawn down faster than they could be built. Capacity expansion here is slow and capital intensive.

11 stocks

# Name Holding Trade Value Theme
Stocks
% of
Portfolio
Status
26
LSV Asset Management
LSV Asset Management
Illinois
$914M -$33.2M 6 1.9% Reduced
27
Putnam Investments
Putnam Investments
Massachusetts
$902M +$50.3M 2 1.85% Increased
28
First Eagle Investment Management
First Eagle Investment Management
New York
$901M +$148M 3 2.19% Increased
29
Evercore Trust Company
Evercore Trust Company
New York
$811M $0 1 2.89% Maintained
30
UBS Group
UBS Group
Switzerland
$796M +$751M 9 0.56% New
31
AllianceBernstein
AllianceBernstein
Tennessee
$773M +$259M 8 0.64% Increased
32
Deutsche Bank
Deutsche Bank
Germany
$768M -$135M 9 0.47% Reduced
33
Capital Research Global Investors
Capital Research Global Investors
California
$734M +$97.4M 1 0.25% Increased
34
Invesco
Invesco
Georgia
$717M -$27.1M 9 0.28% Reduced
35
Citadel Advisors
Citadel Advisors
Florida
$651M +$356M 8 0.64% Increased
36
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$651M +$25.1M 9 0.43% Increased
37
Macquarie Group
Macquarie Group
Australia
$650M +$12.5M 5 1.34% Increased
38
BlackRock Investment Management
BlackRock Investment Management
Delaware
$603M -$75.5M 8 0.8% Reduced
39
London Company of Virginia
London Company of Virginia
Virginia
$590M -$18.6M 2 6.19% Reduced
40
Legal & General Group
Legal & General Group
United Kingdom
$580M -$18M 8 0.68% Reduced
41
California Public Employees Retirement System
California Public Employees Retirement System
California
$555M +$16.5M 8 0.77% Increased
42
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$544M +$115M 9 0.35% Increased
43
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$539M -$6.11M 9 0.59% Reduced
44
UBS AM
UBS AM
Illinois
$502M -$202M 7 0.48% Reduced
45
ClearBridge Investments
ClearBridge Investments
New York
$486M -$38.5M 4 0.51% Reduced
46
Charles Schwab
Charles Schwab
California
$468M -$33.7M 8 0.7% Reduced
47
Credit Suisse
Credit Suisse
Switzerland
$462M -$75.5M 9 0.41% Reduced
48
American Century Companies
American Century Companies
Missouri
$462M +$57.6M 4 0.52% Increased
49
Goldman Sachs
Goldman Sachs
New York
$457M +$45.9M 8 0.14% Increased
50
Eaton Vance Management
Eaton Vance Management
Massachusetts
$449M -$1.23M 4 1.32% Reduced