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Livermore
Livermore
ZHEN

Leuthold Group, LLC

SEC CIK
0001170152
Latest filing
Aug 4, 2026

Holdings in Q1 2023

Holdings as of Mar 31, 2023, filed Apr 18, 2023. Long positions only; changes compare share counts with Q4 2022.

Institution overview
Positions
191
0 vs. Q4 2022
Portfolio value
$757.2M
+$15.1M (+2.0%) vs. Q4 2022
Filed
Apr 18, 2023
SEC
Holdings of Leuthold Group, LLC in Q1 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
Direxion Shares ETF Trust25460E869DAILY 500 1X ETF1,502,951$23.3M3.1%−270,969−15.3%Reduced–
MSFTMicrosoft CorpStock70,536$20.3M2.7%+7,644+12.2%AddedHistory
SPDR Series Trust78464A516ST INTL BBG ETF822,308$19.0M2.5%+7,624+0.9%Added–
AAPLApple Inc.Stock99,966$16.5M2.2%−2,047−2.0%ReducedHistory
LRCXLam Research CorpCOM28,678$15.2M2.0%−646−2.2%ReducedHistory
ProShares Tr74348A210SHRT RUSSELL2000512,441$12.3M1.6%−121,341−19.1%Reduced–
AMATApplied Materials IncStock98,118$12.1M1.6%−2,225−2.2%ReducedHistory
VanEck ETF Trust92189H300JP MRGAN EM LOC476,390$12.0M1.6%−15,563−3.2%Reduced–
UNHUnitedHealth Group IncStock25,244$11.9M1.6%−1,501−5.6%ReducedHistory
iShares Tr4642874571 3 YR TREAS BD144,975$11.9M1.6%+25,780+21.6%Added–
State Street Technology Select Sector SPDR ETF81369Y803ETF76,584$11.6M1.5%+16,287+27.0%Added–
FXYInvesco CurrencyShares Japanese Yen TrustJAPANESE YEN164,097$11.5M1.5%+97,775+147.4%AddedHistory
iShares Tr464288117INTL TREA BD ETF258,616$10.4M1.4%+1,003+0.4%Added–
MRKMerck & Co., Inc.Stock95,391$10.1M1.3%−2,124−2.2%ReducedHistory
IAUiShares Gold TrustETF266,945$9.98M1.3%−2,349−0.9%ReducedHistory
HUMHumana IncStock19,249$9.34M1.2%−448−2.3%ReducedHistory
METAMeta Platforms, Inc.Stock43,658$9.25M1.2%+43,658NewHistory
XOMExxonMobil Holdings CorpCOM83,730$9.18M1.2%−1,913−2.2%ReducedHistory
GLDSPDR Gold TrustETF45,198$8.28M1.1%−857−1.9%ReducedHistory
Vanguard Mortgage-Backed Securities ETF92206C771ETF177,568$8.27M1.1%00.0%Unchanged–
GOOGLAlphabet Inc.Stock78,768$8.17M1.1%+78,768NewHistory
ABBVAbbVie Inc.Stock49,973$7.96M1.1%−1,021−2.0%ReducedHistory
DHIHorton D R IncCOM80,216$7.84M1.0%−1,642−2.0%ReducedHistory
ORCLOracle CorpStock84,203$7.82M1.0%+84,203NewHistory
KLACKLA CorpCOM NEW19,183$7.66M1.0%−392−2.0%ReducedHistory
SEDGSolaredge Technologies, Inc.COM24,347$7.40M1.0%−497−2.0%ReducedHistory
PHMPultegroup IncCOM122,423$7.13M0.9%−2,508−2.0%ReducedHistory
TRVTravelers Companies, Inc.Stock41,352$7.09M0.9%−845−2.0%ReducedHistory
MAMastercard IncStock19,475$7.08M0.9%−398−2.0%ReducedHistory
SHELShell plcADR120,356$6.93M0.9%−2,689−2.2%ReducedHistory
iShares Tr464288588MBS ETF72,311$6.85M0.9%+854+1.2%Added–
CBChubb LtdStock35,212$6.84M0.9%−721−2.0%ReducedHistory
BPBP PLCADR180,115$6.83M0.9%−3,684−2.0%ReducedHistory
URIUnited Rentals, Inc.COM17,130$6.78M0.9%−354−2.0%ReducedHistory
JBLJabil IncStock75,001$6.61M0.9%+30,038+66.8%AddedHistory
TELTE Connectivity plcREG SHS48,581$6.37M0.8%+48,581NewHistory
NFLXNetflix IncStock17,875$6.18M0.8%+17,875NewHistory
iShares Core S&P 500 ETF464287200ETF14,402$5.92M0.8%00.0%Unchanged–
CSCOCisco Systems, Inc.Stock112,810$5.90M0.8%+112,810NewHistory
VVisa Inc.Stock25,889$5.84M0.8%−529−2.0%ReducedHistory
LKQLKQ CorpCOM100,751$5.72M0.8%−2,280−2.2%ReducedHistory
FLEXFlex Ltd.Stock247,726$5.70M0.8%+247,726NewHistory
SPDR Series Trust78468R408ST TERM HIGH ETF226,497$5.63M0.7%+143+0.1%Added–
ELVElevance Health, Inc.Stock12,228$5.62M0.7%−8,057−39.7%ReducedHistory
LENLennar CorpCL A53,372$5.61M0.7%−1,329−2.4%ReducedHistory
PAGPenske Automotive Group, Inc.COM39,060$5.54M0.7%−800−2.0%ReducedHistory
iShares Tr46429B7470-5 YR TIPS ETF54,897$5.45M0.7%−27,803−33.6%Reduced–
SPDR Series Trust78464A151SST SPDR BLOOMBE190,587$5.44M0.7%+14,533+8.3%Added–
RIORio Tinto PLCADR79,137$5.43M0.7%−27,526−25.8%ReducedHistory
SCCOSouthern Copper CorpStock69,411$5.29M0.7%−33,588−32.6%ReducedHistory
TGTTarget CorpStock30,886$5.12M0.7%−58,572−65.5%ReducedHistory
FTNTFortinet, Inc.Stock76,715$5.10M0.7%+76,715NewHistory
iShares Core MSCI Eafe ETF46432F842ETF74,901$5.01M0.7%+310.0%Added–
ACGLArch Capital Group Ltd.Stock73,651$5.00M0.7%−1,509−2.0%ReducedHistory
VZVerizon Communications IncStock128,233$4.99M0.7%+128,233NewHistory
WMWaste Management IncStock30,324$4.95M0.7%−617−2.0%ReducedHistory
RSGRepublic Services, Inc.COM36,580$4.95M0.7%−748−2.0%ReducedHistory
TOLToll Brothers, Inc.COM81,797$4.91M0.6%−1,997−2.4%ReducedHistory
UPSUnited Parcel Service IncStock25,115$4.87M0.6%−513−2.0%ReducedHistory
ULTAUlta Beauty, Inc.Stock8,775$4.79M0.6%+8,775NewHistory
CHKPCheck Point Software Technologies LtdORD36,832$4.79M0.6%+36,832NewHistory
FXEInvesco CurrencyShares Euro TrustEURO SHS46,969$4.71M0.6%+909+2.0%AddedHistory
MTHMeritage Homes CORPCOM39,864$4.65M0.6%−1,041−2.5%ReducedHistory
CHTRCharter Communications, Inc.CL A12,731$4.55M0.6%+12,731NewHistory
WCCWesco International IncCOM29,054$4.49M0.6%−751−2.5%ReducedHistory
iShares Tr46429B655FLTG RATE NT ETF88,289$4.45M0.6%−443−0.5%Reduced–
STLDSteel Dynamics IncCOM38,978$4.41M0.6%−798−2.0%ReducedHistory
EQNREquinor ASASPONSORED ADR154,772$4.40M0.6%−3,171−2.0%ReducedHistory
REGNRegeneron Pharmaceuticals, Inc.COM5,345$4.39M0.6%−110−2.0%ReducedHistory
ANAutonation, Inc.COM32,345$4.35M0.6%−662−2.0%ReducedHistory
MTArcelorMittalNY REGISTRY SH142,902$4.30M0.6%+131,733+1,179.5%AddedHistory
TECKTeck Resources LtdCL B117,178$4.28M0.6%−2,397−2.0%ReducedHistory
Vanguard Malvern FDS922020805STRM INFPROIDX88,585$4.24M0.6%−22,196−20.0%Reduced–
ASOAcademy Sports & Outdoors, Inc.COM62,843$4.10M0.5%+62,843NewHistory
BBYBest Buy Co IncStock52,326$4.10M0.5%+52,326NewHistory
IMOImperial Oil LtdCOM NEW79,884$4.06M0.5%−1,639−2.0%ReducedHistory
ADBEAdobe Inc.Stock10,462$4.03M0.5%−214−2.0%ReducedHistory
DKSDick's Sporting Goods, Inc.Stock28,148$3.99M0.5%+28,148NewHistory
PFEPfizer IncStock96,534$3.94M0.5%+87,773+1,001.9%AddedHistory
SUSuncor Energy IncStock126,271$3.92M0.5%−3,066−2.4%ReducedHistory
RGAReinsurance Group of America IncCOM NEW28,968$3.85M0.5%−594−2.0%ReducedHistory
QLYSQualys, Inc.COM29,301$3.81M0.5%+29,301NewHistory
DLBDolby Laboratories, Inc.COM CL A43,854$3.75M0.5%+43,854NewHistory
XUnited States Steel CorpCOM143,506$3.75M0.5%+4,816+3.5%AddedHistory
EXPDExpeditors International of Washington IncCOM33,570$3.70M0.5%−685−2.0%ReducedHistory
CHRWC. H. Robinson Worldwide, Inc.COM NEW36,665$3.64M0.5%−753−2.0%ReducedHistory
SIGSignet Jewelers LtdSHS46,312$3.60M0.5%+46,312NewHistory
iShares Core U.S. Aggregate Bond ETF464287226ETF35,474$3.53M0.5%00.0%Unchanged–
ALLAllstate CorpStock31,275$3.47M0.5%−785−2.4%ReducedHistory
Vanguard Scottsdale FDS92206C714VNG RUS1000VAL51,325$3.43M0.5%00.0%Unchanged–
TMHCTaylor Morrison Home CorpCOM89,498$3.42M0.5%−1,823−2.0%ReducedHistory
CATCaterpillar IncStock14,667$3.36M0.4%−289−1.9%ReducedHistory
SPDR Series Trust78464A714ST STR SP RETAIL52,481$3.33M0.4%+39,122+292.9%Added–
DEDeere & CoStock7,841$3.24M0.4%−143−1.8%ReducedHistory
Fidelity MSCI Energy Index ETF316092402ETF143,580$3.22M0.4%−64,325−30.9%Reduced–
HUBGHub Group, Inc.CL A37,520$3.15M0.4%−770−2.0%ReducedHistory
State Street Industrial Select Sector SPDR ETF81369Y704ETF31,031$3.14M0.4%+22,973+285.1%Added–
MKSIMKS IncCOM35,276$3.13M0.4%−722−2.0%ReducedHistory
CNCCentene CorpStock48,840$3.09M0.4%−45,435−48.2%ReducedHistory
State Street Communication Services Select Sector SPDR ETF81369Y852ETF53,114$3.08M0.4%+53,114New–

Sold out since Q4 2022 (34)

Positions held at the end of Q4 2022 that are gone from this filing.

Positions of Leuthold Group, LLC sold out since Q4 2022
SecurityClassShares in Q4 2022Value in Q4 2022% of portfolio in Q4 2022History
COSTCostco Wholesale CorpStock18,696$8.53M1.2%History
BJBJ's Wholesale Club Holdings, Inc.COM103,371$6.84M0.9%History
DHRDanaher CorpStock23,721$6.30M0.8%History
TMOThermo Fisher Scientific Inc.Stock10,790$5.94M0.8%History
ABTAbbott LaboratoriesStock52,802$5.80M0.8%History
MROMarathon Oil CorpCOM194,989$5.28M0.7%History
WMTWalmart Inc.Stock36,077$5.12M0.7%History
AAWWAtlas Air Worldwide Holdings IncCOM NEW47,112$4.75M0.6%History
LPXLouisiana-Pacific CorpCOM76,538$4.53M0.6%History
CVSCVS Health CorpStock44,563$4.15M0.6%History
ADMArcher-Daniels-Midland CoStock41,301$3.83M0.5%History
Fidelity Covington Trust316092303CONSMR STAPLES77,138$3.46M0.5%–
PEPPepsiCo IncStock19,113$3.45M0.5%History
WFGWest Fraser Timber Co., LtdCOM43,913$3.17M0.4%History
KRKroger CoStock69,732$3.11M0.4%History
KDPKeurig Dr Pepper Inc.COM79,740$2.84M0.4%History
CRCCalifornia Resources CorpCOM STOCK63,267$2.75M0.4%History
BUDAnheuser-Busch InBev SA/NVADR41,330$2.48M0.3%History
DEODiageo PLCSPON ADR NEW13,504$2.41M0.3%History
TAPMolson Coors Beverage CoCL B43,581$2.25M0.3%History
MGPIMGP Ingredients IncCOM19,317$2.05M0.3%History
ACIAlbertsons Companies, Inc.COMMON STOCK85,716$1.78M0.2%History
Fidelity MSCI Financials Index ETF316092501ETF33,546$1.61M0.2%–
WDSWoodside Energy Group LtdADR29,936$724.8K0.1%History
BGBunge Global SACOM4,481$447.1K0.1%History
State Street Consumer Staples Select Sector SPDR ETF81369Y308ETF5,754$429.0K0.1%–
MOSMosaic CoCOM9,006$395.1K0.1%History
AMAntero Midstream CorpStock35,490$382.9K0.1%History
NTRNutrien Ltd.COM5,228$381.8K0.1%History
CCEPCoca-Cola Europacific Partners plcSHS6,284$347.6K<0.1%History
VODVodafone Group Public Ltd CoADR26,756$270.8K<0.1%History
ENBEnbridge IncStock6,464$252.7K<0.1%History
iShares Core S&P Small Cap ETF464287804ETF2,301$217.8K<0.1%–
BNSBank of Nova ScotiaCOM4,192$205.3K<0.1%History