← 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	Sanders Capital West Palm Beach, Florida	$3.09B	-$22.7M	2	3.68%	Reduced
27	UBS Group Zurich, Switzerland	$3.03B	+$282M	9	0.46%	Increased
28	Vanguard Fiduciary Trust Malvern, Pennsylvania	$2.71B	+$2.78B	9	0.68%	New
29	Legal & General Group London, United Kingdom	$2.4B	+$17.5M	9	0.56%	Increased
30	Ameriprise Minneapolis, Minnesota	$2.35B	-$16.7M	9	0.55%	Reduced
31	Nuveen Charlotte, North Carolina	$2.34B	-$294M	9	0.63%	Reduced
32	UBS AM Chicago, Illinois	$2.33B	+$315M	9	0.48%	Increased
33	Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong	$2.18B	+$643M	8	2.96%	Increased
34	ClearBridge Investments New York	$2.16B	-$652M	4	1.88%	Reduced
35	VanEck Associates New York	$2.12B	+$112M	7	1.59%	Increased
36	Royal Bank of Canada Toronto, Ontario, Canada	$1.99B	-$111M	9	0.35%	Reduced
37	Amundi Paris, France	$1.7B	+$611M	8	0.46%	Increased
38	Raymond James Financial St Petersburg, Florida	$1.6B	-$91.4M	8	0.49%	Reduced
39	AllianceBernstein Nashville, Tennessee	$1.55B	+$66.7M	9	0.5%	Increased
40	Bank of Montreal Toronto, Ontario, Canada	$1.5B	-$108M	8	0.56%	Reduced
41	Swiss National Bank Zurich, Switzerland	$1.36B	+$101M	9	0.78%	Increased
42	Clal Insurance Tel-Aviv, Israel	$1.35B	+$53.3M	2	8.14%	Increased
43	Envestnet Asset Management Chicago, Illinois	$1.31B	+$148M	8	0.35%	Increased
44	Deutsche Bank Frankfurt Am Main Ge, Germany	$1.27B	+$40.9M	9	0.42%	Increased
45	Artisan Partners Milwaukee, Wisconsin	$1.15B	+$85.4M	4	1.84%	Increased
46	Sumitomo Mitsui Trust Group Minato-Ku, Tokyo, Japan	$1.06B	-$51.7M	5	0.68%	Reduced
47	Barclays London, United Kingdom	$990M	+$49.7M	8	0.24%	Increased
48	Mitsubishi UFJ Asset Management Tokyo, Japan	$989M	+$77.1M	7	0.66%	Increased
49	California Public Employees Retirement System Sacramento, California	$954M	-$61.7M	5	0.59%	Reduced
50	LPL Financial San Diego, California	$948M	+$79.3M	9	0.25%	Increased