← 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
51
BlackRock Investment Management
BlackRock Investment Management
Delaware
$448M -$14.8M 8 0.55% Reduced
52
Lazard Asset Management
Lazard Asset Management
New York
$439M +$106M 2 0.87% Increased
53
UBS AM
UBS AM
Illinois
$421M +$62.7K 7 0.45% Increased
54
Adage Capital Partners
Adage Capital Partners
Massachusetts
$415M +$18M 4 1.14% Increased
55
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$413M +$6.42M 3 0.68% Increased
56
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$405M -$10.7M 8 0.58% Reduced
57
D.E. Shaw & Co
D.E. Shaw & Co
New York
$400M +$153M 7 0.71% Increased
58
California Public Employees Retirement System
California Public Employees Retirement System
California
$385M -$26.9M 8 0.63% Reduced
59
Teachers Advisors
Teachers Advisors
New York
$383M +$21.2M 8 0.64% Increased
60
Swiss National Bank
Swiss National Bank
Switzerland
$376M -$5.11M 9 0.6% Reduced
61
Diamond Hill Capital Management
Diamond Hill Capital Management
Ohio
$360M -$13.9M 1 2.23% Reduced
62
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$358M -$4.41M 9 0.54% Reduced
63
Jensen Investment Management
Jensen Investment Management
Oregon
$329M +$32.6M 1 4.92% Increased
64
Credit Suisse
Credit Suisse
Switzerland
$328M +$11.3M 9 0.31% Increased
65
APG Asset Management
APG Asset Management
Netherlands
$323M -$19.4M 3 0.57% Reduced
66
Artisan Partners
Artisan Partners
Wisconsin
$309M +$6.88M 3 0.62% Increased
67
Prudential Financial
Prudential Financial
New Jersey
$301M +$57.5M 7 0.5% Increased
68
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$293M +$2.52M 8 0.6% Increased
69
First Eagle Investment Management
First Eagle Investment Management
New York
$285M -$210M 4 0.72% Reduced
70
BlackRock
BlackRock
New York
$284M -$44.2M 8 0.41% Reduced
71
Principal Financial Group
Principal Financial Group
Iowa
$282M +$36.6M 7 0.37% Increased
72
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$281M +$32M 9 0.16% Increased
73
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$268M +$3.57M 3 0.55% Increased
74
Renaissance Technologies
Renaissance Technologies
New York
$256M +$93.6M 8 0.45% Increased
75
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$255M -$15.4M 2 0.53% Reduced