← 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
First Eagle Investment Management
First Eagle Investment Management
New York
$935M +$5.59M 3 2.23% Increased
27
Fisher Asset Management
Fisher Asset Management
Washington
$911M +$16.5M 2 1.77% Increased
28
LSV Asset Management
LSV Asset Management
Illinois
$863M -$98.6M 6 1.79% Reduced
29
UBS Group
UBS Group
Switzerland
$794M +$30.5M 9 0.53% Increased
30
Evercore Trust Company
Evercore Trust Company
New York
$782M $0 1 2.8% Maintained
31
Aberdeen Asset Management
Aberdeen Asset Management
United Kingdom
$751M -$71.9M 3 2.16% Reduced
32
Deutsche Bank
Deutsche Bank
Germany
$736M +$12.8M 9 0.47% Increased
33
Capital Research Global Investors
Capital Research Global Investors
California
$736M +$9.09M 1 0.24% Increased
34
Invesco
Invesco
Georgia
$731M -$37.2M 9 0.29% Reduced
35
London Company of Virginia
London Company of Virginia
Virginia
$730M +$61.8M 3 6.32% Increased
36
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$728M -$4.4M 9 0.45% Reduced
37
Macquarie Group
Macquarie Group
Australia
$671M -$19.7M 5 1.33% Reduced
38
Adage Capital Partners
Adage Capital Partners
Massachusetts
$657M +$246M 4 1.64% Increased
39
BlackRock Investment Management
BlackRock Investment Management
Delaware
$610M -$3.91M 8 0.76% Reduced
40
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$593M +$6.23M 9 0.66% Increased
41
Allianz Asset Management
Allianz Asset Management
Germany
$592M -$200M 5 0.63% Reduced
42
Eaton Vance Management
Eaton Vance Management
Massachusetts
$566M -$11.6M 4 1.73% Reduced
43
Legal & General Group
Legal & General Group
United Kingdom
$551M +$5.2M 8 0.65% Increased
44
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$551M -$10M 9 0.38% Reduced
45
Goldman Sachs
Goldman Sachs
New York
$547M -$547M 7 0.17% Reduced
46
TIAA CREF Investment Management
TIAA CREF Investment Management
New York
$507M +$18.5M 8 0.36% Increased
47
UBS AM
UBS AM
Illinois
$479M +$18.2M 7 0.46% Increased
48
AQR Capital Management
AQR Capital Management
Connecticut
$474M +$46.5M 7 0.94% Increased
49
Charles Schwab
Charles Schwab
California
$459M +$10.6M 8 0.63% Increased
50
California Public Employees Retirement System
California Public Employees Retirement System
California
$437M -$108M 8 0.66% Reduced