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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
Charles Schwab
Charles Schwab
California
$1.26B -$2.45M 8 0.58% Reduced
27
Invesco
Invesco
Georgia
$1.17B -$10.4M 9 0.4% Reduced
28
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$1.1B +$25.7M 9 0.47% Increased
29
Legal & General Group
Legal & General Group
United Kingdom
$983M -$29.7M 8 0.44% Reduced
30
AllianceBernstein
AllianceBernstein
Tennessee
$879M -$41.5M 9 0.47% Reduced
31
UBS Group
UBS Group
Switzerland
$828M +$66.1M 9 0.31% Increased
32
Deutsche Bank
Deutsche Bank
Germany
$825M -$56.4M 9 0.57% Reduced
33
Soroban Capital Partners
Soroban Capital Partners
New York
$801M -$196M 1 8.08% Reduced
34
Goldman Sachs
Goldman Sachs
New York
$764M -$120M 9 0.22% Reduced
35
Artisan Partners
Artisan Partners
Wisconsin
$754M -$278M 2 1.07% Reduced
36
Putnam Investments
Putnam Investments
Massachusetts
$745M -$6.27M 4 1.47% Reduced
37
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$733M -$118M 4 0.49% Reduced
38
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$663M -$12.8M 9 0.24% Reduced
39
California Public Employees Retirement System
California Public Employees Retirement System
California
$643M +$15.6M 8 0.57% Increased
40
Davis Selected Advisers
Davis Selected Advisers
Arizona
$640M -$8.76M 1 3.56% Reduced
41
Neuberger Berman Group
Neuberger Berman Group
New York
$605M +$56.7M 5 0.72% Increased
42
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$577M -$25.9M 9 0.41% Reduced
43
Swiss National Bank
Swiss National Bank
Switzerland
$505M -$12.1M 7 0.4% Reduced
44
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$494M +$370M 7 0.78% Increased
45
American Century Companies
American Century Companies
Missouri
$477M -$28.3M 5 0.42% Reduced
46
UBS AM
UBS AM
Illinois
$468M -$23M 8 0.25% Reduced
47
Brown Advisory
Brown Advisory
Maryland
$461M -$4.49M 3 0.95% Reduced
48
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$439M -$15.6M 8 0.54% Reduced
49
Prudential Financial
Prudential Financial
New Jersey
$413M +$97M 8 0.77% Increased
50
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$413M -$23.4M 9 0.51% Reduced