| 1 | LIG Defense&Aerospace Co Ltd079550.KS | 4,25% |
| 2 | Mildef Group ABMILDEF.ST | 3,86% |
| 3 | Rheinmetall AGRHM.DE | 3,85% |
| 4 | MP Materials CorpMP | 3,47% |
| 5 | Kitron ASAKIT.OL | 3,44% |
| 6 | Palantir Technologies IncPLTR | 3,07% |
| 7 | Chemring Group PLCCHG.L | 2,74% |
| 8 | Cohort PLCCHRT.L | 2,71% |
| 9 | TTM Technologies IncTTMI | 2,61% |
| 10 | L3Harris Technologies IncLHX | 2,57% |
| 11 | Hensoldt AGHAG.DE | 2,41% |
| 12 | Theon International PLCTHEON.AS | 2,35% |
| 13 | TransDigm Group IncTDG | 2,33% |
| 14 | Elbit Systems LtdESLT.TA | 2,26% |
| 15 | Red Cat Holdings IncRCAT | 2,25% |
| 16 | RENK Group AGR3NK.DE | 2,23% |
| 17 | Woodward IncWWD | 2,22% |
| 18 | AeroVironment IncAVAV | 2,2% |
| 19 | Ducommun IncDCO | 2,16% |
| 20 | Kratos Defense & Security Solutions IncKTOS | 2,14% |
| 21 | Rolls-Royce Holdings PLCRR.L | 2,14% |
| 22 | Poongsan Corp103140.KS | 2,11% |
| 23 | Moog IncMOG-A | 2,08% |
| 24 | Saab AB | 1,97% |
| 25 | Teledyne Technologies IncTDY | 1,96% |
| 26 | Carpenter Technology CorpCRS | 1,9% |
| 27 | Kongsberg Gruppen ASAKOG.OL | 1,9% |
| 28 | Next Vision Stabilized Systems LtdNXSN.TA | 1,88% |
| 29 | Keysight Technologies IncKEYS | 1,83% |
| 30 | Curtiss-Wright CorpCW | 1,81% |
| 31 | LEONARDO-FINMECCANICA SPALDO.MI | 1,81% |
| 32 | BWX Technologies IncBWXT | 1,64% |
| 33 | Indra Sistemas SAIDR.MC | 1,63% |
| 34 | CSG NVCSG.AS | 1,61% |
| 35 | Rocket Lab CorpRKLB | 1,59% |
| 36 | Mercury Systems IncMRCY | 1,58% |
| 37 | Exosens SASEXENS.PA | 1,46% |
| 38 | Avio SpAAVIO.MI | 1,38% |
| 39 | Karman Holdings IncKRMN | 1,3% |
| 40 | Hanwha Systems Co Ltd272210.KS | 1,28% |
| 41 | Electro Optic Systems Holdings LtdEOS.AX | 1,23% |
| 42 | Safran SASAF.PA | 1,09% |
| 43 | Viasat IncVSAT | 1,06% |
| 44 | CAE IncCAE.TO | 0,98% |
| 45 | MTU Aero Engines AGMTX.DE | 0,97% |
| 46 | Howmet Aerospace IncHWM | 0,93% |
| 47 | MACOM Technology Solutions Holdings IncMTSI | 0,86% |
| 48 | LightPath Technologies IncLPTH | 0,83% |
| 49 | Exail Technologies SAEXA.PA | 0,81% |
| 50 | Leonardo DRS IncDRS | 0,69% |
| 51 | nLight IncLASR | 0,47% |
| 52 | Cash & Other | 0,06% |
| 53 | First American Government Obligations Fund 12/01/2031 | 0,04% |
| 54 | BRITISH POUNDS | 0,01% |
