← 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	$21.9B	+$419M	8	0.48%	Increased
2	State Street Boston, Massachusetts	$19.2B	-$150M	8	0.93%	Reduced
3	BlackRock New York	$18.2B	+$59.1M	8	0.46%	Increased
4	Capital International Investors Los Angeles, California	$10.8B	+$118M	4	2.43%	Increased
5	Capital Research Global Investors Los Angeles, California	$7.97B	+$1.11B	2	1.96%	Increased
6	Morgan Stanley New York	$7.39B	+$2.31B	8	0.65%	Increased
7	Wellington Management Group Boston, Massachusetts	$5.73B	-$1.56B	3	1.07%	Reduced
8	Capital World Investors Los Angeles, California	$5.1B	+$616M	2	0.91%	Increased
9	Geode Capital Management Boston, Massachusetts	$4.7B	+$73.2M	8	0.49%	Increased
10	JP Morgan Chase New York	$4.63B	-$690M	8	0.44%	Reduced
11	Bank of America Charlotte, North Carolina	$4.39B	-$24.5M	8	0.44%	Reduced
12	Fidelity Investments Boston, Massachusetts	$3.75B	-$41.7M	8	0.29%	Reduced
13	Dodge & Cox San Francisco, California	$3.55B	+$764M	1	2.25%	Increased
14	Massachusetts Financial Services Boston, Massachusetts	$3.45B	+$501M	3	1.12%	Increased
15	T. Rowe Price Associates Baltimore, Maryland	$3.08B	-$40.8M	7	0.41%	Reduced
16	Bank of New York Mellon New York	$2.23B	-$5.12M	8	0.45%	Reduced
17	Northern Trust Chicago, Illinois	$2.19B	-$3.29M	8	0.4%	Reduced
18	Wells Fargo San Francisco, California	$2.14B	-$56.5M	8	0.56%	Reduced
19	Sanders Capital West Palm Beach, Florida	$1.96B	+$91.5M	2	3.63%	Increased
20	Ameriprise Minneapolis, Minnesota	$1.9B	+$74.6M	7	0.57%	Increased
21	ClearBridge Investments New York	$1.81B	-$32M	4	1.56%	Reduced
22	Invesco Atlanta, Georgia	$1.81B	+$2.05M	8	0.43%	Increased
23	Charles Schwab San Francisco, California	$1.63B	-$25.4M	8	0.41%	Reduced
24	Dimensional Fund Advisors Austin, Texas	$1.51B	+$81M	7	0.44%	Increased
25	Franklin Resources San Mateo, California	$1.46B	-$358M	6	0.68%	Reduced