← 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
Envestnet Asset Management
Envestnet Asset Management
Illinois
$513M +$22M 8 0.27% Increased
52
Millennium Management
Millennium Management
New York
$495M +$289M 9 0.27% Increased
53
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
$495M -$26.9M 2 1.66% Reduced
54
Balyasny Asset Management
Balyasny Asset Management
Illinois
$491M +$177M 4 1.34% Increased
55
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$483M +$2.65M 8 0.76% Increased
56
Citadel Advisors
Citadel Advisors
Florida
$482M +$151M 9 0.11% Increased
57
Citigroup
Citigroup
New York
$460M +$45.8M 9 0.37% Increased
58
Deutsche Bank
Deutsche Bank
Germany
$457M -$55.6M 9 0.26% Reduced
59
Bessemer Group
Bessemer Group
New Jersey
$456M -$217M 8 1.11% Reduced
60
Hotchkis & Wiley Capital Management
Hotchkis & Wiley Capital Management
California
$445M -$24.6M 4 1.71% Reduced
61
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$427M -$1.76M 9 0.41% Reduced
62
National Pension Service
National Pension Service
South Korea
$411M +$9.1M 3 0.81% Increased
63
Principal Financial Group
Principal Financial Group
Iowa
$403M -$11.3M 7 0.3% Reduced
64
Bank of Montreal
Bank of Montreal
Ontario, Canada
$401M +$61.8M 8 0.17% Increased
65
Truist Financial
Truist Financial
North Carolina
$393M +$17M 7 0.69% Increased
66
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$374M -$67.6M 8 0.24% Reduced
67
Longview Partners
Longview Partners
Guernsey
$364M -$99.6M 1 2.89% Reduced
68
Clal Insurance
Clal Insurance
Israel
$360M +$21.2M 1 5.4% Increased
69
Yacktman Asset Management
Yacktman Asset Management
Texas
$360M -$20.2M 2 3.59% Reduced
70
Stifel Financial
Stifel Financial
Missouri
$350M +$21.3M 8 0.52% Increased
71
Sachem Head Capital Management
Sachem Head Capital Management
New York
$341M -$159M 1 13.34% Reduced
72
New York State Teachers Retirement System (NYSTRS)
New York State Teachers Retirement System (NYSTRS)
New York
$321M -$12.6M 7 0.79% Reduced
73
Boston Partners
Boston Partners
Massachusetts
$319M -$32.8M 2 0.43% Reduced
74
JP Morgan Private Wealth Advisors
JP Morgan Private Wealth Advisors
California
$316M +$43.1M 4 0.71% Increased
75
Credit Suisse
Credit Suisse
Switzerland
$314M +$45.5M 9 0.33% Increased