← 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
American Century Companies
American Century Companies
Missouri
$461M -$81.7M 7 0.29% Reduced
52
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
$452M -$8.4M 7 0.89% Reduced
53
National Pension Service
National Pension Service
South Korea
$449M -$697K 3 0.54% Reduced
54
Macquarie Group
Macquarie Group
Australia
$443M -$378M 5 0.5% Reduced
55
VanEck Associates
VanEck Associates
New York
$434M +$22M 6 0.66% Increased
56
Deutsche Bank
Deutsche Bank
Germany
$423M -$14.9M 8 0.2% Reduced
57
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$420M +$188K 7 0.53% Increased
58
HSBC Holdings
HSBC Holdings
United Kingdom
$414M +$93.4M 6 0.28% Increased
59
Millennium Management
Millennium Management
New York
$397M +$107M 8 0.17% Increased
60
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$384M -$23.3M 7 0.51% Reduced
61
Bessemer Group
Bessemer Group
New Jersey
$373M -$7.35M 7 0.67% Reduced
62
VOYA Investment Management
VOYA Investment Management
Georgia
$361M +$43.8M 7 0.35% Increased
63
First Trust Advisors
First Trust Advisors
Illinois
$356M -$229M 7 0.36% Reduced
64
Principal Financial Group
Principal Financial Group
Iowa
$355M -$11.4M 7 0.21% Reduced
65
LPL Financial
LPL Financial
California
$352M +$20M 7 0.19% Increased
66
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$345M -$6.92M 8 0.24% Reduced
67
Manning & Napier Group
Manning & Napier Group
New York
$342M -$14.2M 3 3.9% Reduced
68
Prudential Financial
Prudential Financial
New Jersey
$334M +$61.7M 7 0.47% Increased
69
Clal Insurance
Clal Insurance
Israel
$323M -$79.8M 1 3.63% Reduced
70
Diamond Hill Capital Management
Diamond Hill Capital Management
Ohio
$311M +$589K 1 1.27% Increased
71
Bank of Montreal
Bank of Montreal
Ontario, Canada
$304M -$40.9M 7 0.09% Reduced
72
Stifel Financial
Stifel Financial
Missouri
$304M +$12.8M 7 0.35% Increased
73
1832 Asset Management
1832 Asset Management
Ontario, Canada
$302M -$143M 4 0.18% Reduced
74
Mitsubishi UFJ Asset Management
Mitsubishi UFJ Asset Management
Japan
$302M +$40.7M 6 0.42% Increased
75
Raymond James Financial Services Advisors
Raymond James Financial Services Advisors
Florida
$301M +$13.6M 6 0.45% Increased