← 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
Raymond James & Associates
Raymond James & Associates
Florida
$457M +$73.1M 8 0.46% Increased
52
Renaissance Technologies
Renaissance Technologies
New York
$453M +$96.3M 7 0.56% Increased
53
Pendal Group
Pendal Group
Australia
$440M -$8.08M 3 4.32% Reduced
54
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$426M -$268M 8 0.57% Reduced
55
D.E. Shaw & Co
D.E. Shaw & Co
New York
$423M -$187M 7 0.41% Reduced
56
Stifel Financial
Stifel Financial
Missouri
$412M -$9.43M 9 0.68% Reduced
57
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$409M +$2.84M 8 0.54% Increased
58
GQG Partners
GQG Partners
Florida
$406M +$376M 1 1.48% New
59
Prudential Financial
Prudential Financial
New Jersey
$395M -$136M 8 0.59% Reduced
60
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$392M -$3.49M 8 0.53% Reduced
61
Farallon Capital Management
Farallon Capital Management
California
$370M +$17.5M 1 1.84% Increased
62
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
$368M +$51.3M 2 0.94% Increased
63
Burgundy Asset Management
Burgundy Asset Management
Ontario, Canada
$366M +$62.7M 2 3.73% Increased
64
Millennium Management
Millennium Management
New York
$365M +$6.82M 7 0.26% Increased
65
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
$356M +$47.8M 3 0.9% Increased
66
Davis Selected Advisers
Davis Selected Advisers
Arizona
$343M -$485M 1 1.5% Reduced
67
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$341M -$123M 9 0.33% Reduced
68
Bank of Montreal
Bank of Montreal
Ontario, Canada
$340M -$9.15M 9 0.22% Reduced
69
Soroban Capital Partners
Soroban Capital Partners
New York
$333M -$99.6M 1 2.85% Reduced
70
Ninety One (UK)
Ninety One (UK)
United Kingdom
$330M +$86.6M 2 0.94% Increased
71
Principal Financial Group
Principal Financial Group
Iowa
$312M -$32.7M 8 0.22% Reduced
72
Victory Capital Management
Victory Capital Management
Texas
$311M -$1.61M 8 0.32% Reduced
73
Fidelity International
Fidelity International
Bermuda
$311M +$224M 3 0.35% Increased
74
First Trust Advisors
First Trust Advisors
Illinois
$307M -$118M 6 0.37% Reduced
75
VOYA Investment Management
VOYA Investment Management
Georgia
$300M +$6.29M 9 0.61% Increased