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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	$17.7B	+$120M	8	1.38%	Increased
2	Vanguard Group Malvern, Pennsylvania	$15.9B	+$243M	9	0.62%	Increased
3	BlackRock New York	$13.3B	+$130M	8	0.59%	Increased
4	T. Rowe Price Associates Baltimore, Maryland	$5.88B	-$21M	7	0.86%	Reduced
5	Fidelity Investments Boston, Massachusetts	$5.02B	-$216M	9	0.6%	Reduced
6	Wellington Management Group Boston, Massachusetts	$4.58B	+$109M	7	1.04%	Increased
7	Capital International Investors Los Angeles, California	$4.04B	+$626M	3	1.74%	Increased
8	Massachusetts Financial Services Boston, Massachusetts	$3.57B	+$24.7M	3	1.5%	Increased
9	Bank of America Charlotte, North Carolina	$3.37B	-$167M	9	0.52%	Reduced
10	Geode Capital Management Boston, Massachusetts	$2.3B	+$102M	9	0.59%	Increased
11	Wells Fargo San Francisco, California	$2.13B	-$122M	9	0.63%	Reduced
12	Capital Research Global Investors Los Angeles, California	$2.09B	-$3.43M	5	0.66%	Reduced
13	Northern Trust Chicago, Illinois	$2.06B	-$7.87M	8	0.51%	Reduced
14	Dodge & Cox San Francisco, California	$1.98B	+$367M	1	1.62%	Increased
15	Bank of New York Mellon New York	$1.95B	+$24.3M	9	0.55%	Increased
16	JP Morgan Chase New York	$1.92B	-$36.9M	9	0.39%	Reduced
17	Capital World Investors Los Angeles, California	$1.88B	+$75.1M	3	0.45%	Increased
18	Morgan Stanley New York	$1.81B	-$145M	9	0.51%	Reduced
19	UBS Group Zurich, Switzerland	$1.46B	-$394M	9	0.6%	Reduced
20	Barrow, Hanley, Mewhinney & Strauss Dallas, Texas	$1.33B	+$7.74M	1	2.4%	Increased
21	Dimensional Fund Advisors Austin, Texas	$1.31B	+$137M	9	0.52%	Increased
22	Goldman Sachs New York	$1.3B	+$118M	9	0.39%	Increased
23	Norges Bank Oslo, Norway	$1.25B	-$10.3M	5	0.4%	Reduced
24	Ameriprise Minneapolis, Minnesota	$1.2B	+$369M	8	0.55%	Increased
25	Boston Partners Boston, Massachusetts	$1.2B	+$110M	3	1.59%	Increased