| 1 | SAFRAN SA COMMON STOCKSAF.PA | 10,06% |
| 2 | RHEINMETALL AG COMMONRHM.DE | 10,01% |
| 3 | THALES SA COMMON STOCKHO.PA | 9,98% |
| 4 | BAE SYSTEMS PLCBA.L | 9,88% |
| 5 | LEONARDO SPA COMMON STOCKLDO.MI | 9,66% |
| 6 | SAAB AB COMMON STOCK SEKSAAB-B.ST | 9,36% |
| 7 | KONGSBERG GRUPPEN ASAKOG.OL | 5,51% |
| 8 | ROLLS-ROYCE HOLDINGS PLCRR.L | 5,28% |
| 9 | AIRBUS SE COMMON STOCKAIR.PA | 4,98% |
| 10 | ASELSAN ELEKTRONIK SANAYIASELS.IS | 3,93% |
| 11 | MELROSE INDUSTRIES PLCMRO.L | 3,39% |
| 12 | BABCOCK INTERNATIONALBAB.L | 2,57% |
| 13 | HENSOLDT AG COMMON STOCKHAG.DE | 2,3% |
| 14 | DASSAULT AVIATION SAAM.PA | 2,29% |
| 15 | RENK GROUP AG COMMONR3NK.DE | 1,67% |
| 16 | SOFTCAT PLC COMMON STOCKSCT.L | 1,46% |
| 17 | CSG NV COMMON STOCK EURCSG.AS | 1,19% |
| 18 | QINETIQ GROUP PLC COMMONQQ.L | 1,15% |
| 19 | TKMS AG& CO KGAA COMMONTKMS.DE | 1% |
| 20 | EXOSENS SAS COMMON STOCKEXENS.PA | 0,89% |
| 21 | CHEMRING GROUP PLC COMMONCHG.L | 0,81% |
| 22 | EXAIL TECHNOLOGIES SAEXA.PA | 0,59% |
| 23 | BITTIUM OYJ COMMON STOCKBITTI.HE | 0,45% |
| 24 | MILDEF GROUP AB COMMONMILDEF.ST | 0,41% |
| 25 | INVISIO AB COMMON STOCKIVSO.ST | 0,33% |
| 26 | AVON TECHNOLOGIES PLCAVON.L | 0,31% |
| 27 | COHORT PLC COMMON STOCKCHRT.L | 0,23% |
| 28 | VINCORION SE COMMON STOCK | 0,21% |
| 29 | CASH | 0,12% |
| 30 | KONGSBERG GRUPPEN ASA | 0% |