← 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
$986M -$34.8M 6 2.05% Reduced
27
Fisher Asset Management
Fisher Asset Management
Washington
$946M +$2.92M 2 1.89% Increased
28
First Eagle Investment Management
First Eagle Investment Management
New York
$943M -$41.1M 3 2.25% Reduced
29
Boston Partners
Boston Partners
Massachusetts
$921M +$759M 3 1.37% Increased
30
Aberdeen Asset Management
Aberdeen Asset Management
United Kingdom
$864M -$134M 3 2.33% Reduced
31
Evercore Trust Company
Evercore Trust Company
New York
$826M $0 1 2.9% Maintained
32
Allianz Asset Management
Allianz Asset Management
Germany
$810M -$446M 6 0.92% Reduced
33
UBS Group
UBS Group
Switzerland
$807M -$10.4M 9 0.56% Reduced
34
Invesco
Invesco
Georgia
$798M +$42.2M 9 0.31% Increased
35
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$772M +$35.4M 9 0.49% Increased
36
Capital Research Global Investors
Capital Research Global Investors
California
$768M +$20.1M 1 0.26% Increased
37
Deutsche Bank
Deutsche Bank
Germany
$759M -$41.2M 9 0.47% Reduced
38
London Company of Virginia
London Company of Virginia
Virginia
$737M +$12.1M 3 6.79% Increased
39
Macquarie Group
Macquarie Group
Australia
$707M -$7.5M 5 1.39% Reduced
40
BlackRock Investment Management
BlackRock Investment Management
Delaware
$639M -$970K 8 0.84% Reduced
41
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$615M +$60.6M 9 0.68% Increased
42
Eaton Vance Management
Eaton Vance Management
Massachusetts
$610M +$153M 4 1.84% Increased
43
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$587M +$22.5M 9 0.41% Increased
44
Legal & General Group
Legal & General Group
United Kingdom
$571M -$32.8M 8 0.68% Reduced
45
California Public Employees Retirement System
California Public Employees Retirement System
California
$555M $0 8 0.77% Maintained
46
TIAA CREF Investment Management
TIAA CREF Investment Management
New York
$508M +$153M 8 0.35% Increased
47
UBS AM
UBS AM
Illinois
$482M -$41.4M 7 0.46% Reduced
48
Charles Schwab
Charles Schwab
California
$471M -$21.9M 8 0.66% Reduced
49
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
$454M +$152M 4 0.89% Increased
50
Credit Suisse
Credit Suisse
Switzerland
$450M -$32.6M 8 0.45% Reduced