LEUTHOLD GROUP, LLC

CIK 0001170152 • 6 13F filings • May 13, 2025 – Aug 4, 2026

Import this data to Google Sheets with:

=jivedata("leuthold-group-llc","13f")

Uses this filer's slug. Install the Jive Data add-on first; the second argument is "13f".

Filer information

Filed by: LEUTHOLD GROUP, LLC, Chief Compliance Officer
Address: 150 SOUTH FIFTH STREET, SUITE 1700, MINNEAPOLIS, MN, 55402
Phone: 612-332-9141
AUM: $926.0M

AUM over time

$995.2M latest

Sector allocation over time

Past 5 quarters

Q4 2025

Q3 2025

Q2 2026

Q2 2025

Q1 2026

TechnologyHealthcareFinancialsCommunicationIndustrialsEnergyOther

Holdings by filing

Portfolio value: $938.7M211 positionsView on SEC.gov

			% of Portfolio
Aberdeen Standard Bloomberg Al	COM	$798K	0.1%Prev: 0.1%	32,841 SH	Increased-3,768 SH
ACM Research, Inc. Class A	COM	$320K	0.0%	8,120 SH	New
Advanced Micro Devices Inc.	COM	$1.6M	0.2%	7,836 SH	New
AECOM	COM	$2.4M	0.3%	28,389 SH	New
Agnico-Eagle Mines Ltd.	COM	$6.2M	0.7%Prev: 0.7%	30,707 SH	Increased-16,873 SH
Alcoa Inc.	COM	$3.0M	0.3%	44,476 SH	New
Allstate Corp.	COM	$4.2M	0.4%Prev: 0.5%	20,116 SH	Increased+718 SH
Alphabet Inc. Cl A	COM	$19.1M	2.0%Prev: 1.4%	66,393 SH	Increased-2,105 SH
America Movil S.A.B. de C.V. A	COM	$558K	0.1%	21,891 SH	New
Amgen Inc.	COM	$7.6M	0.8%	21,598 SH	New
Amkor Technology Inc.	COM	$486K	0.1%	10,782 SH	New
Applied Materials Inc.	COM	$809K	0.1%	2,367 SH	New
Aptiv PLC	COM	$5.7M	0.6%	82,223 SH	New
Archrock Inc.	COM	$943K	0.1%	27,109 SH	New
ASML Holding N.V.	COM	$683K	0.1%	517 SH	New
Assurant Inc.	COM	$3.9M	0.4%Prev: 0.5%	17,723 SH	Increased+638 SH
Autoliv Inc.	COM	$5.8M	0.6%	55,412 SH	New
Axis Capital Holdings Ltd	COM	$455K	0.0%Prev: 0.1%	4,482 SH	Decreased-127 SH
Baker Hughes Company Class A	COM	$6.5M	0.7%	106,518 SH	New
Banco Santander S.A. ADR	COM	$756K	0.1%Prev: 0.1%	66,999 SH	Increased-1,901 SH
Bank of America Corp.	COM	$8.0M	0.9%Prev: 0.9%	165,043 SH	Increased+6,365 SH
Bank of Nova Scotia	COM	$229K	0.0%	3,300 SH	New
Barclays PLC ADR	COM	$7.0M	0.8%Prev: 0.6%	333,080 SH	Increased+11,278 SH
Belden Inc.	COM	$223K	0.0%	1,945 SH	New
Benchmark Electronics Inc.	COM	$2.8M	0.3%	50,065 SH	New
Biogen Inc.	COM	$6.1M	0.6%	33,143 SH	New
Bristol-Myers Squibb Co.	COM	$6.3M	0.7%	103,233 SH	New
Broadcom Inc.	COM	$1.4M	0.2%	4,616 SH	New
Broadridge Financial Solutions	COM	$3.7M	0.4%	22,615 SH	New
C.H. Robinson Worldwide	COM	$5.2M	0.6%	31,285 SH	New
Canadian Imperial Bank of Comm	COM	$8.3M	0.9%Prev: 0.6%	87,677 SH	Increased+3,079 SH
Cardinal Health Inc.	COM	$13.6M	1.4%Prev: 1.1%	64,402 SH	Increased+2,448 SH
CarGurus, Inc. Class A	COM	$4.0M	0.4%Prev: 0.5%	116,455 SH	Decreased-25,584 SH
Cencora Inc.	COM	$9.8M	1.0%Prev: 1.1%	31,265 SH	Increased+951 SH
Cenovus Energy Inc.	COM	$465K	0.0%	17,536 SH	New
Chevron Corp.	COM	$516K	0.1%	2,495 SH	New
Chubb Limited	COM	$259K	0.0%Prev: 0.0%	796 SH	Increased-23 SH
Cirrus Logic Inc.	COM	$255K	0.0%	1,760 SH	New
Cisco Systems Inc.	COM	$12.2M	1.3%Prev: 0.7%	157,564 SH	Increased+73,358 SH
Citigroup Inc.	COM	$9.6M	1.0%Prev: 0.7%	85,041 SH	Increased+4,004 SH
Communication Services Select	COM	$3.4M	0.4%Prev: 1.0%	30,879 SH	Decreased-50,535 SH
Concentrix Corporation	COM	$1.8M	0.2%Prev: 0.4%	66,034 SH	Decreased+9,494 SH
Copa Holdings S.A. Cl A	COM	$334K	0.0%Prev: 0.0%	2,939 SH	Increased-84 SH
Covista Inc.	COM	$5.5M	0.6%	47,562 SH	New
CRH public limited company	COM	$4.7M	0.5%	44,686 SH	New
CTS Corp	COM	$2.2M	0.2%	45,072 SH	New
CVS Health Corp.	COM	$3.1M	0.3%	43,445 SH	New
Dell Technologies Inc. Class C	COM	$5.6M	0.6%	34,161 SH	New
Delta Air Lines Inc.	COM	$4.3M	0.5%Prev: 0.1%	64,885 SH	Increased+55,916 SH
Deutsche Bank AG	COM	$7.9M	0.8%Prev: 0.8%	264,515 SH	Increased+8,671 SH
Devon Energy Corp.	COM	$735K	0.1%	14,606 SH	New
Digi International Inc.	COM	$2.8M	0.3%Prev: 0.2%	57,257 SH	Increased+7,646 SH
Direxion Daily S&P500 Bear 1X	COM	$30.6M	3.3%Prev: 2.9%	3,074,122 SH	Increased+1,174,986 SH
Dycom Industries Inc	COM	$5.7M	0.6%	16,742 SH	New
Ecopetrol SA Sponsored ADR	COM	$382K	0.0%	25,483 SH	New
Eldorado Gold Corp.	COM	$6.0M	0.6%Prev: 0.4%	174,224 SH	Increased+324 SH
Emcor Group Inc	COM	$6.8M	0.7%	9,166 SH	New
Encompass Health Corporation	COM	$3.1M	0.3%Prev: 0.4%	31,556 SH	Decreased+1,090 SH
Energy Select Sector SPDR Fund	COM	$370K	0.0%	6,047 SH	New
Equinor ASA Sponsored ADR	COM	$401K	0.0%	9,504 SH	New
Equinox Gold Corp.	COM	$4.1M	0.4%Prev: 0.5%	282,460 SH	Increased-230,999 SH
Expeditors International of Wa	COM	$4.8M	0.5%	33,318 SH	New
Exxon Mobil Corp.	COM	$1.1M	0.1%	6,577 SH	New
F5 Networks Inc.	COM	$6.2M	0.7%Prev: 0.4%	21,459 SH	Increased+8,645 SH
FedEx Corp.	COM	$13.7M	1.5%	38,460 SH	New
Fifth Third Bancorp	COM	$370K	0.0%Prev: 0.4%	7,958 SH	Decreased-63,903 SH
Financial Select Sector SPDR F	COM	$6.1M	0.7%Prev: 1.2%	123,612 SH	Decreased-68,864 SH
Flex Ltd.	COM	$13.1M	1.4%Prev: 0.9%	200,422 SH	Increased-574 SH
FlexShares Disciplined Duratio	COM	$275K	0.0%	13,302 SH	New
Gap Inc.	COM	$2.9M	0.3%	121,892 SH	New
Garrett Motion Inc	COM	$6.2M	0.7%	341,259 SH	New
General Motors Co.	COM	$611K	0.1%Prev: 0.1%	8,203 SH	Increased-233 SH
Gilead Sciences Inc.	COM	$7.8M	0.8%	56,091 SH	New
Goldman Sachs Group Inc.	COM	$15.5M	1.7%Prev: 1.3%	18,317 SH	Increased+665 SH
Graham Holdings Co.	COM	$644K	0.1%Prev: 0.0%	609 SH	Increased+242 SH
Granite Construction Inc.	COM	$5.5M	0.6%	45,579 SH	New
Grupo Aeroportuario del Surest	COM	$365K	0.0%Prev: 0.0%	1,087 SH	Increased-30 SH
GSK plc Sponsored ADR	COM	$5.7M	0.6%	102,505 SH	New
GXO Logistics Inc	COM	$3.3M	0.3%	62,708 SH	New
Halliburton Co.	COM	$3.8M	0.4%	96,735 SH	New
Hanover Insurance Group Inc.	COM	$2.5M	0.3%	14,316 SH	New
Hartford Insurance Group Inc.	COM	$5.0M	0.5%Prev: 0.6%	36,823 SH	Increased+1,265 SH
HCA Healthcare Inc	COM	$8.5M	0.9%Prev: 0.8%	18,055 SH	Increased+203 SH
Health Care Select Sector SPDR	COM	$3.1M	0.3%Prev: 0.3%	21,371 SH	Increased+4,693 SH
Hub Group Inc (Cl A)	COM	$2.7M	0.3%	75,869 SH	New
HudBay Minerals Inc.	COM	$3.0M	0.3%	141,717 SH	New
Iamgold Corporation	COM	$10.9M	1.2%Prev: 0.7%	580,474 SH	Increased-251,086 SH
Industrial Select Sector SPDR	COM	$865K	0.1%Prev: 0.1%	5,349 SH	Increased-1,239 SH
Innovex International, Inc.	COM	$306K	0.0%	12,528 SH	New
Interactive Brokers Group Inc.	COM	$463K	0.0%Prev: 0.0%	6,904 SH	Increased+5,129 SH
International Business Machine	COM	$1.5M	0.2%	6,130 SH	New
Invesco Building & Constructio	COM	$1.1M	0.1%	11,781 SH	New
Invesco CurrencyShares Euro Tr	COM	$4.4M	0.5%Prev: 0.5%	40,779 SH	Increased-1,127 SH
Invesco CurrencyShares Japanes	COM	$5.3M	0.6%Prev: 0.8%	91,849 SH	Decreased-8,802 SH
Invesco KBW Bank ETF	COM	$576K	0.1%Prev: 0.1%	7,281 SH	Increased-1,682 SH
Invesco Optimum Yield Diversified	COM	$210K	0.0%	12,123 SH	New
Invesco S&P 500 Equal Weight C	COM	$3.0M	0.3%Prev: 0.2%	56,148 SH	Increased+32,962 SH
iShares 1-3 Year Treasury Bond	COM	$13.0M	1.4%Prev: 1.8%	157,002 SH	Decreased-8,858 SH
iShares 5-10yr Investment Grad	COM	$7.9M	0.8%Prev: 0.9%	147,727 SH	Increased+11,071 SH
iShares 7-10 Year Treasury Bon	COM	$7.2M	0.8%Prev: 0.9%	75,440 SH	Increased+6,283 SH
iShares Aaa-A Rated Corporate	COM	$221K	0.0%Prev: 0.0%	4,653 SH	Decreased-832 SH
iShares Core Dividend Growth E	COM	$231K	0.0%	3,295 SH	New
iShares Core MSCI EAFE ETF	COM	$6.0M	0.6%Prev: 0.7%	66,484 SH	Increased-8,425 SH
iShares Core Total U.S. Bond M	COM	$4.2M	0.5%Prev: 0.6%	42,755 SH	Decreased-5,040 SH
iShares Edge MSCI USA Quality	COM	$238K	0.0%	1,239 SH	New
iShares International Treasury	COM	$10.2M	1.1%Prev: 1.0%	247,992 SH	Increased+46,041 SH
iShares MBS ETF	COM	$7.7M	0.8%Prev: 0.7%	81,447 SH	Increased+20,739 SH
iShares MSCI Emerging Markets	COM	$2.3M	0.2%Prev: 0.2%	29,743 SH	Increased-3,307 SH
iShares MSCI Global Metals & M	COM	$878K	0.1%	15,519 SH	New
iShares NASDAQ Biotechnology I	COM	$2.2M	0.2%	13,262 SH	New
iShares S&P 500 Fund	COM	$8.5M	0.9%Prev: 1.0%	13,038 SH	Increased-1,277 SH
iShares U.S. Healthcare Provid	COM	$1.3M	0.1%Prev: 0.2%	31,970 SH	Decreased+3,853 SH
iShares U.S. Insurance ETF	COM	$742K	0.1%Prev: 0.1%	5,786 SH	Decreased-1,333 SH
iShares US Transportation ETF	COM	$1.1M	0.1%	15,343 SH	New
Jabil Inc.	COM	$15.7M	1.7%Prev: 1.1%	58,946 SH	Increased-1,901 SH
Johnson & Johnson	COM	$8.0M	0.9%	32,730 SH	New
JPMorgan Chase & Co.	COM	$9.6M	1.0%Prev: 1.0%	32,725 SH	Increased+1,327 SH
Kensington Credit Opportunitie	COM	$2.0M	0.2%	81,551 SH	New
Kinross Gold Corporation	COM	$14.0M	1.5%Prev: 1.0%	457,878 SH	Increased-156,013 SH
Lam Research Corp.	COM	$4.4M	0.5%	20,757 SH	New
Laureate Education Inc	COM	$7.2M	0.8%Prev: 0.6%	207,318 SH	Increased-8,391 SH
Lear Corp.	COM	$5.8M	0.6%	48,222 SH	New
Leuthold Select Industries ET	COM	$2.2M	0.2%Prev: 0.0%	54,596 SH	Increased+46,750 SH
Loews Corp.	COM	$415K	0.0%Prev: 0.0%	3,887 SH	Increased-111 SH
M&T Bank Corp.	COM	$297K	0.0%Prev: 0.6%	1,437 SH	Decreased-24,669 SH
Magna International Inc.	COM	$8.3M	0.9%	149,263 SH	New
Markel Group Inc.	COM	$3.6M	0.4%Prev: 0.5%	1,885 SH	Increased+31 SH
Marvell Technology Inc.	COM	$340K	0.0%	3,435 SH	New
Mastercard Inc. Cl A	COM	$6.2M	0.7%Prev: 1.1%	12,330 SH	Decreased-3,016 SH
Materials Select Sector SPDR F	COM	$251K	0.0%	5,013 SH	New
Maximus Inc.	COM	$2.8M	0.3%Prev: 0.3%	44,280 SH	Increased+6,442 SH
McKesson Corp.	COM	$14.0M	1.5%Prev: 1.4%	16,156 SH	Increased+416 SH
MDU Resources Group, Inc.	COM	$321K	0.0%Prev: 0.4%	15,503 SH	Decreased-166,593 SH
Merck & Co. Inc.	COM	$6.1M	0.6%Prev: 0.5%	50,410 SH	Increased+9,440 SH
Meta Platforms Inc. Class A	COM	$11.5M	1.2%Prev: 2.3%	20,129 SH	Decreased-9,940 SH
Micron Technology Inc.	COM	$250K	0.0%	740 SH	New
Microsoft Corp.	COM	$17.8M	1.9%Prev: 2.5%	48,171 SH	Decreased-2,882 SH
Mizuho Financial Group Inc. AD	COM	$633K	0.1%Prev: 0.1%	79,775 SH	Increased-2,263 SH
MKS Instruments Inc.	COM	$584K	0.1%	2,542 SH	New
Morgan Stanley	COM	$11.7M	1.2%Prev: 1.0%	71,004 SH	Increased+2,342 SH
National HealthCare Corporatio	COM	$489K	0.1%Prev: 0.0%	3,063 SH	Increased+323 SH
Netgear Inc	COM	$755K	0.1%	34,565 SH	New
NetScout Systems, Inc.	COM	$5.8M	0.6%	182,878 SH	New
New Jersey Resources Corp.	COM	$284K	0.0%Prev: 0.4%	5,178 SH	Decreased-57,540 SH
NOV Inc.	COM	$3.9M	0.4%	208,123 SH	New
NVIDIA Corp.	COM	$7.9M	0.8%	45,341 SH	New
Oceaneering International, Inc	COM	$5.3M	0.6%	150,172 SH	New
Old National Bancorp	COM	$267K	0.0%Prev: 0.4%	12,073 SH	Decreased-142,928 SH
Old Republic International Cor	COM	$458K	0.0%Prev: 0.1%	11,476 SH	Decreased-325 SH
Pan American Silver Corp.	COM	$3.5M	0.4%Prev: 0.4%	63,620 SH	Increased-61,866 SH
Pearson Plc Sp Adr	COM	$789K	0.1%	60,124 SH	New
Perdoceo Education Corporation	COM	$4.4M	0.5%Prev: 0.0%	117,983 SH	Increased+107,559 SH
Photronics Inc.	COM	$431K	0.0%	10,666 SH	New
Plexus Corp.	COM	$5.4M	0.6%	26,422 SH	New
PNC Financial Services Group I	COM	$5.1M	0.5%	24,672 SH	New
Primoris Services Corporation	COM	$7.3M	0.8%	50,904 SH	New
ProShares Short QQQ	COM	$3.9M	0.4%Prev: 1.8%	121,245 SH	Decreased-219,617 SH
ProShares Short Russell2000	COM	$14.1M	1.5%Prev: 1.7%	868,675 SH	Increased+233,788 SH
Raymond James Financial Inc	COM	$383K	0.0%Prev: 0.5%	2,642 SH	Decreased-24,366 SH
Regeneron Pharmaceuticals Inc.	COM	$7.6M	0.8%	9,780 SH	New
Rio Tinto PLC ADS	COM	$4.9M	0.5%	52,263 SH	New
Sanmina Corporation	COM	$5.0M	0.5%	38,313 SH	New
Sanofi SA Sponsored ADR	COM	$4.6M	0.5%	96,085 SH	New
Schwab Fundamental Internation	COM	$283K	0.0%	5,781 SH	New
Select Medical Holdings Corpor	COM	$495K	0.1%Prev: 0.2%	30,357 SH	Decreased-57,185 SH
Shell PLC Sponsored ADR	COM	$1.1M	0.1%	11,991 SH	New
Skyworks Solutions Inc	COM	$207K	0.0%	3,867 SH	New
SLB Limited	COM	$6.9M	0.7%	134,524 SH	New
SPDR Barclays International Co	COM	$7.9M	0.8%Prev: 0.5%	254,065 SH	Increased+116,787 SH
SPDR Bloomberg Barclays Intern	COM	$18.2M	1.9%Prev: 2.3%	829,138 SH	Increased+21,419 SH
SPDR Intermediate Term Corpora	COM	$14.1M	1.5%Prev: 1.4%	420,225 SH	Increased+92,978 SH
SPDR S&P Capital Markets ETF	COM	$477K	0.1%Prev: 0.1%	3,470 SH	Decreased-828 SH
SPDR S&P Retail ETF	COM	$704K	0.1%	8,749 SH	New
SS&C Technologies Holdings, In	COM	$3.6M	0.4%Prev: 0.5%	53,973 SH	Decreased+6,541 SH
StoneX Group Inc.	COM	$3.8M	0.4%	47,107 SH	New
Suncor Energy Inc.	COM	$622K	0.1%	9,411 SH	New
T-Mobile US Inc	COM	$580K	0.1%Prev: 1.4%	2,761 SH	Decreased-37,282 SH
TD SYNNEX Corporation	COM	$259K	0.0%	1,536 SH	New
TE Connectivity Ltd.	COM	$8.6M	0.9%Prev: 0.7%	40,987 SH	Increased+1,591 SH
Technology Select Sector SPDR	COM	$9.3M	1.0%Prev: 0.9%	70,273 SH	Increased+35,116 SH
Telefonaktiebolaget LM Ericsso	COM	$9.1M	1.0%Prev: 0.4%	811,438 SH	Increased+407,286 SH
Tenaris S.A.	COM	$4.9M	0.5%	83,994 SH	New
Tenet Healthcare Corporation	COM	$6.3M	0.7%Prev: 0.6%	33,227 SH	Increased+460 SH
TIM S.A. Sponsored ADR	COM	$538K	0.1%	20,317 SH	New
TotalEnergies SE Sponsored ADR	COM	$531K	0.1%	5,832 SH	New
Travelers Companies, Inc.	COM	$4.9M	0.5%Prev: 0.6%	16,833 SH	Increased+711 SH
U.S. Bancorp	COM	$5.1M	0.5%	97,348 SH	New
UBS Group AG (new)	COM	$468K	0.0%Prev: 0.0%	11,983 SH	Increased-340 SH
UGI Corp.	COM	$338K	0.0%Prev: 0.4%	9,276 SH	Decreased-84,112 SH
United Parcel Service Inc. Cl	COM	$10.7M	1.1%	108,545 SH	New
United Therapeutics Corp.	COM	$6.4M	0.7%	10,736 SH	New
Universal Health Services Inc.	COM	$3.8M	0.4%Prev: 0.5%	21,234 SH	Decreased+422 SH
Universal Technical Institute	COM	$5.2M	0.6%Prev: 0.5%	144,056 SH	Increased+5,440 SH
Urban Outfitters Inc	COM	$2.6M	0.3%	40,328 SH	New
Valmont Industries Inc.	COM	$4.6M	0.5%	11,620 SH	New
VanEck Gold Miners ETF	COM	$2.4M	0.3%Prev: 0.3%	26,640 SH	Increased-15,704 SH
VanEck Oil Services ETF	COM	$1.7M	0.2%	4,294 SH	New
VanEck Vectors Pharmaceutical	COM	$775K	0.1%Prev: 0.1%	7,465 SH	Increased+3,162 SH
Vanguard Mortgage-Backed Secur	COM	$7.8M	0.8%	165,106 SH	New
Vanguard Russell 1000 Value ET	COM	$4.2M	0.5%Prev: 0.5%	45,234 SH	Increased-5,612 SH
Vanguard Short-Term Corporate	COM	$745K	0.1%Prev: 0.1%	9,395 SH	Decreased-2,001 SH
Vanguard Short-Term Inflation-	COM	$10.4M	1.1%Prev: 0.2%	208,699 SH	Increased+185,206 SH
Vanguard Short-Term Treasury E	COM	$620K	0.1%Prev: 0.1%	10,598 SH	Decreased-1,868 SH
Vertex Pharmaceuticals Inc.	COM	$7.3M	0.8%	16,455 SH	New
Viavi Solutions Inc.	COM	$711K	0.1%	21,371 SH	New
Visa Inc.	COM	$5.0M	0.5%Prev: 1.0%	16,576 SH	Decreased-5,486 SH
Visteon Corp	COM	$3.7M	0.4%	40,842 SH	New
Vodafone Group PLC ADS	COM	$683K	0.1%Prev: 0.1%	45,478 SH	Increased-1,291 SH
Weatherford International plc	COM	$3.8M	0.4%	40,665 SH	New
Wells Fargo & Co.	COM	$345K	0.0%Prev: 0.0%	4,334 SH	Increased-368 SH
White Mountains Insurance Grou	COM	$2.3M	0.2%Prev: 0.3%	1,052 SH	Increased-136 SH

Sold (vs prior filing)

ACI Worldwide Inc — $390K
ADT, Inc. — $385K
Adtalem Global Education Inc. — $4.9M
Akamai Technologies Inc. — $3.9M
Arch Capital Group Ltd. — $3.4M
AT&T Inc. — $6.8M
Baidu Inc. ADS — $289K
Block, Inc. Class A — $1.9M
Cadence Bank — $2.4M
Carnival Corp. — $2.2M
Charter Communications Inc. Cl — $2.7M
Check Point Software Technolog — $7.4M
Citizens Financial Group, Inc. — $3.8M
Clear Secure, Inc. Class A — $381K
Columbia Banking System Inc — $2.8M
Comcast Corp. (Cl A) — $4.0M
Comerica Inc. — $259K
Concentra Group Holdings Paren — $1.5M
Consumer Discretionary Select — $317K
CSG Systems International Inc. — $2.6M
… and 73 more

All filings

Open a filing on Jive Data

Filing Date	Quarter	Form	Accession	Portfolio	Filing
Feb 5, 2026	Q4 2025	13F-HR	0000897069-26-000228	$926.0M	View
Nov 6, 2025	Q3 2025	13F-HR	0000897069-25-001644	$914.0M	View
Aug 4, 2026	Q2 2026