← 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	Vanguard Group Malvern, Pennsylvania	$24.6B	+$221M	9	0.67%	Increased
2	State Street Boston, Massachusetts	$22.8B	-$431M	9	1.34%	Reduced
3	BlackRock New York	$20.4B	+$585M	9	0.64%	Increased
4	Capital International Investors Los Angeles, California	$11.9B	+$193M	3	3.2%	Increased
5	Capital Research Global Investors Los Angeles, California	$9.44B	+$634M	2	2.85%	Increased
6	Wellington Management Group Boston, Massachusetts	$8.6B	-$285M	6	1.73%	Reduced
7	Morgan Stanley New York	$5.47B	+$390M	9	0.62%	Increased
8	Fidelity Investments Boston, Massachusetts	$5.45B	+$30.7M	9	0.54%	Increased
9	Capital World Investors Los Angeles, California	$5.44B	+$203M	3	1.16%	Increased
10	JP Morgan Chase New York	$5.34B	-$291M	9	0.7%	Reduced
11	Bank of America Charlotte, North Carolina	$5.27B	-$574M	9	0.6%	Reduced
12	Geode Capital Management Boston, Massachusetts	$5.02B	+$39.1M	9	0.71%	Increased
13	Massachusetts Financial Services Boston, Massachusetts	$3.47B	-$502M	4	1.21%	Reduced
14	Dodge & Cox San Francisco, California	$3.39B	-$97.1M	1	2.32%	Reduced
15	T. Rowe Price Associates Baltimore, Maryland	$3.11B	-$295M	8	0.5%	Reduced
16	Bank of New York Mellon New York	$2.9B	-$266M	9	0.66%	Reduced
17	Wells Fargo San Francisco, California	$2.74B	+$24.5M	9	0.82%	Increased
18	ClearBridge Investments New York	$2.73B	-$217M	5	2.69%	Reduced
19	Northern Trust Chicago, Illinois	$2.56B	-$4.8M	9	0.54%	Reduced
20	Ameriprise Minneapolis, Minnesota	$2.55B	-$90.1M	8	0.87%	Reduced
21	Invesco Atlanta, Georgia	$2.35B	-$122M	9	0.69%	Reduced
22	Nuveen Charlotte, North Carolina	$2.11B	+$9.27M	8	0.82%	Increased
23	Franklin Resources San Mateo, California	$2.1B	-$184M	5	1.09%	Reduced
24	Norges Bank Oslo, Norway	$2.02B	+$114M	6	0.49%	Increased
25	Charles Schwab San Francisco, California	$1.89B	+$17.7M	8	0.61%	Increased