← 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
1	State Street Boston, Massachusetts	$16B	-$1.86M	8	1.5%	Reduced
2	Vanguard Group Malvern, Pennsylvania	$10.7B	+$35M	9	0.6%	Increased
3	Fidelity Investments Boston, Massachusetts	$4.44B	+$261M	6	0.59%	Increased
4	BlackRock Institutional Trust San Francisco, California	$4.03B	+$78.6M	8	0.6%	Increased
5	BlackRock Fund Advisors San Francisco, California	$2.91B	+$381M	8	0.54%	Increased
6	Massachusetts Financial Services Boston, Massachusetts	$2.9B	-$491M	3	1.42%	Reduced
7	Bank of New York Mellon New York	$2.63B	-$112M	9	0.76%	Reduced
8	Bank of America Charlotte, North Carolina	$2.59B	+$28.2M	9	0.56%	Increased
9	T. Rowe Price Associates Baltimore, Maryland	$2.5B	+$54.9M	8	0.5%	Increased
10	Wellington Management Group Boston, Massachusetts	$2.28B	-$101M	4	0.57%	Reduced
11	Wells Fargo San Francisco, California	$2.11B	+$47.6M	9	0.74%	Increased
12	JP Morgan Chase New York	$1.98B	-$171M	9	0.47%	Reduced
13	Morgan Stanley New York	$1.85B	+$332M	9	0.61%	Increased
14	Franklin Resources San Mateo, California	$1.85B	+$16.7M	3	0.96%	Increased
15	Northern Trust Chicago, Illinois	$1.79B	-$80.5M	8	0.55%	Reduced
16	Barrow, Hanley, Mewhinney & Strauss Dallas, Texas	$1.49B	-$117M	2	2.23%	Reduced
17	Capital World Investors Los Angeles, California	$1.41B	+$1.37M	1	0.35%	Increased
18	Boston Partners Boston, Massachusetts	$1.41B	-$25.4M	5	1.85%	Reduced
19	Geode Capital Management Boston, Massachusetts	$1.33B	+$64.6M	9	0.62%	Increased
20	BlackRock Group London, United Kingdom	$1.16B	+$61.9M	8	0.55%	Increased
21	Norges Bank Oslo, Norway	$1.03B	+$81.8M	5	0.45%	Increased
22	UBS Group Zurich, Switzerland	$993M	+$21.5M	9	0.55%	Increased
23	Putnam Investments Boston, Massachusetts	$989M	-$15.7M	5	2.39%	Reduced
24	Fisher Asset Management Camas, Washington	$924M	+$11.8M	2	1.61%	Increased
25	Davis Selected Advisers Tucson, Arizona	$921M	-$52.8M	1	4.03%	Reduced