← 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
TIAA CREF Investment Management
TIAA CREF Investment Management
New York
$951M -$19.1M 8 0.65% Reduced
27
AllianceBernstein
AllianceBernstein
Tennessee
$945M -$226M 9 0.71% Reduced
28
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$924M +$16.2M 9 0.4% Increased
29
Davis Selected Advisers
Davis Selected Advisers
Arizona
$890M -$11.7M 1 3.79% Reduced
30
Macquarie Group
Macquarie Group
Australia
$866M -$129M 8 1.55% Reduced
31
Ameriprise
Ameriprise
Minnesota
$848M +$111M 8 0.4% Increased
32
Legal & General Group
Legal & General Group
United Kingdom
$781M -$1.59M 8 0.59% Reduced
33
Capital International Investors
Capital International Investors
California
$780M +$139M 2 0.93% Increased
34
Deutsche Bank
Deutsche Bank
Germany
$642M -$113M 9 0.44% Reduced
35
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$639M -$17.7M 9 0.76% Reduced
36
Swiss National Bank
Swiss National Bank
Switzerland
$630M +$2.99M 9 0.72% Increased
37
Charles Schwab
Charles Schwab
California
$625M +$18.3M 8 0.55% Increased
38
Renaissance Technologies
Renaissance Technologies
New York
$612M +$117M 7 0.72% Increased
39
First Pacific Advisors
First Pacific Advisors
California
$608M -$47.5M 1 4.67% Reduced
40
UBS AM
UBS AM
Illinois
$598M +$30.7M 7 0.54% Increased
41
AQR Capital Management
AQR Capital Management
Connecticut
$581M -$42.2M 8 0.69% Reduced
42
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$576M -$4.21M 8 0.6% Reduced
43
Burgundy Asset Management
Burgundy Asset Management
Ontario, Canada
$571M +$1.45M 2 5.39% Increased
44
SAM
Southeastern Asset Management
Tennessee
$564M -$39.7M 1 6.78% Reduced
45
London Company of Virginia
London Company of Virginia
Virginia
$548M -$84.2M 2 3.92% Reduced
46
Artisan Partners
Artisan Partners
Wisconsin
$522M +$24M 3 0.96% Increased
47
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$504M +$16.4M 9 0.55% Increased
48
Lazard Asset Management
Lazard Asset Management
New York
$504M +$35.3M 4 0.91% Increased
49
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$487M +$16.7M 3 1.08% Increased
50
Viking Global Investors
Viking Global Investors
Connecticut
$485M +$491M 1 3.14% New