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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	T. Rowe Price Associates Baltimore, Maryland	$1.35B	-$550M	8	0.14%	Reduced
27	Ameriprise Minneapolis, Minnesota	$1.26B	-$201M	8	0.45%	Reduced
28	Invesco Atlanta, Georgia	$1.24B	-$98.5M	9	0.36%	Reduced
29	Legal & General Group London, United Kingdom	$1.1B	-$15.2M	8	0.43%	Reduced
30	AllianceBernstein Nashville, Tennessee	$967M	-$34.3M	9	0.46%	Reduced
31	UBS Group Zurich, Switzerland	$962M	-$48.1M	9	0.33%	Reduced
32	Deutsche Bank Frankfurt Am Main Ge, Germany	$933M	-$20.7M	9	0.57%	Reduced
33	Longview Partners St Peter Port, Guernsey	$865M	+$837M	1	4.2%	New
34	Putnam Investments Boston, Massachusetts	$825M	+$49.7M	3	1.46%	Increased
35	Royal Bank of Canada Toronto, Ontario, Canada	$810M	+$55.9M	9	0.23%	Increased
36	Neuberger Berman Group New York	$793M	+$73.8M	5	0.82%	Increased
37	Davis Selected Advisers Tucson, Arizona	$792M	-$2.78M	1	3.81%	Reduced
38	Goldman Sachs New York	$758M	-$114M	9	0.2%	Reduced
39	California Public Employees Retirement System Sacramento, California	$737M	+$8.93M	8	0.57%	Increased
40	Sumitomo Mitsui Trust Group Minato-Ku, Tokyo, Japan	$701M	-$129M	4	0.45%	Reduced
41	UBS AM Chicago, Illinois	$655M	+$106M	8	0.31%	Increased
42	Arrowstreet Capital Boston, Massachusetts	$652M	+$95.5M	7	0.92%	Increased
43	Parametric Portfolio Associates Seattle, Washington	$625M	-$24.6M	9	0.39%	Reduced
44	Swiss National Bank Zurich, Switzerland	$600M	-$12.3M	7	0.43%	Reduced
45	American Century Companies Kansas City, Missouri	$590M	+$38.3M	7	0.46%	Increased
46	D.E. Shaw & Co New York	$581M	+$141M	8	0.52%	Increased
47	Prudential Financial Newark, New Jersey	$506M	+$35.7M	8	0.85%	Increased
48	Brown Advisory Baltimore, Maryland	$501M	-$15.1M	4	0.89%	Reduced
49	Barrow, Hanley, Mewhinney & Strauss Dallas, Texas	$486M	+$15.8M	1	1.67%	Increased
50	Citigroup New York	$474M	+$71.7M	9	0.28%	Increased