← 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
Davis Selected Advisers
Davis Selected Advisers
Arizona
$846M -$4.23M 1 3.53% Reduced
27
Fisher Asset Management
Fisher Asset Management
Washington
$794M +$7.59M 2 1.53% Increased
28
Ameriprise
Ameriprise
Minnesota
$786M -$180M 7 0.46% Reduced
29
TIAA CREF Investment Management
TIAA CREF Investment Management
New York
$786M +$196M 8 0.59% Increased
30
LSV Asset Management
LSV Asset Management
Illinois
$767M -$73.5M 6 1.67% Reduced
31
Macquarie Group
Macquarie Group
Australia
$752M -$19.1M 5 1.54% Reduced
32
First Eagle Investment Management
First Eagle Investment Management
New York
$747M -$266M 3 1.87% Reduced
33
UBS Group
UBS Group
Switzerland
$710M +$28.3M 9 0.46% Increased
34
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$688M +$99.8M 9 0.43% Increased
35
Allianz Asset Management
Allianz Asset Management
Germany
$675M -$7.76M 5 0.76% Reduced
36
BlackRock Advisors
BlackRock Advisors
Delaware
$640M -$263M 8 0.68% Reduced
37
Capital Research Global Investors
Capital Research Global Investors
California
$637M $0 1 0.22% Maintained
38
Eaton Vance Management
Eaton Vance Management
Massachusetts
$614M +$3.54M 3 1.82% Increased
39
London Company of Virginia
London Company of Virginia
Virginia
$587M -$2.5M 2 5.07% Reduced
40
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$585M -$2.72M 8 0.69% Reduced
41
First Pacific Advisors
First Pacific Advisors
California
$562M +$11.8M 1 4.99% Increased
42
Legal & General Group
Legal & General Group
United Kingdom
$550M +$10.7M 8 0.62% Increased
43
SAM
Southeastern Asset Management
Tennessee
$525M +$419M 1 4.74% Increased
44
Goldman Sachs
Goldman Sachs
New York
$524M +$44.4M 8 0.16% Increased
45
Invesco
Invesco
Georgia
$519M -$119M 9 0.21% Reduced
46
AQR Capital Management
AQR Capital Management
Connecticut
$495M -$49.9M 7 0.87% Reduced
47
Janus Henderson Investors US
Janus Henderson Investors US
Colorado
$489M +$20.4M 4 0.42% Increased
48
BlackRock Investment Management
BlackRock Investment Management
Delaware
$488M -$57.3M 8 0.63% Reduced
49
Charles Schwab
Charles Schwab
California
$465M +$28.4M 8 0.63% Increased
50
Burgundy Asset Management
Burgundy Asset Management
Ontario, Canada
$446M +$14.4M 2 4.88% Increased