Leuthold Group, LLC
- SEC CIK
- 0001170152
- Latest filing
- Aug 4, 2026
Holdings changes from Q1 2025 to Q2 2025
Long positions only; new, added, reduced and sold out are based on share counts. Pick any two quarters this institution filed.
- New
- 38
- Est. +$47.7M
- Added
- 49
- Est. +$46.1M
- Reduced
- 88
- Est. −$42.2M
- Sold out
- 33
- Est. −$59.0M
Portfolio value went from $770.1M to $837.0M (+$66.9M (+8.7%)); positions from 201 to 206 (+5).
All Q2 2025 holdingsAll Q1 2025 holdings
In the shares, value and % of portfolio columns, the top figure is Q2 2025 and the gray one below is Q1 2025. For stocks that split between the two quarters, Q1 2025 shares are converted at the split ratio before comparing.
| Security | Action | Shares | Share change | Value | Est. bought or sold | % of portfolio | Weight change (pp) |
|---|---|---|---|---|---|---|---|
| MSFTMicrosoft Corp | ReducedHistory | 50,26951,053 | −784−1.5% | $25.0M$19.2M | −$390.0K | 3.0%2.5% | +0.50 |
| METAMeta Platforms, Inc. | ReducedHistory | 29,55630,069 | −513−1.7% | $21.8M$17.3M | −$378.6K | 2.6%2.3% | +0.36 |
| SPDR Series Trust78464A516 | Added– | 839,145807,719 | +31,426+3.9% | $19.7M$17.7M | +$738.2K | 2.4%2.3% | +0.06 |
| NFLXNetflix Inc | ReducedHistory | 14,44114,670 | −229−1.6% | $19.3M$13.7M | −$306.7K | 2.3%1.8% | +0.53 |
| Direxion Shares ETF Trust25460E869 | Reduced– | 1,731,5691,899,136 | −167,567−8.8% | $17.8M$22.0M | −$1.73M | 2.1%2.9% | −0.73 |
| ORCLOracle Corp | ReducedHistory | 67,38868,495 | −1,107−1.6% | $14.7M$9.58M | −$242.0K | 1.8%1.2% | +0.52 |
| iShares Tr464287457 | Reduced– | 165,772165,860 | −88−0.1% | $13.7M$13.7M | −$7.29K | 1.6%1.8% | −0.14 |
| JBLJabil Inc | ReducedHistory | 59,90060,847 | −947−1.6% | $13.1M$8.28M | −$206.5K | 1.6%1.1% | +0.49 |
| State Street SPDR Portfolio Intermediate Term Corporate Bond ETF78464A375 | Added– | 388,529327,247 | +61,282+18.7% | $13.0M$10.9M | +$2.06M | 1.6%1.4% | +0.15 |
| iShares Tr464288117 | Added– | 289,269201,951 | +87,318+43.2% | $12.5M$7.96M | +$3.76M | 1.5%1.0% | +0.46 |
| GSGoldman Sachs Group Inc | ReducedHistory | 17,38517,652 | −267−1.5% | $12.3M$9.64M | −$189.0K | 1.5%1.3% | +0.22 |
| GOOGLAlphabet Inc. | ReducedHistory | 67,49368,498 | −1,005−1.5% | $11.9M$10.6M | −$177.1K | 1.4%1.4% | +0.05 |
| MCKMcKesson Corp | ReducedHistory | 15,45315,740 | −287−1.8% | $11.3M$10.6M | −$210.3K | 1.4%1.4% | −0.02 |
| ProShares Tr74348A210 | Reduced– | 595,073634,887 | −39,814−6.3% | $11.2M$13.2M | −$749.3K | 1.3%1.7% | −0.37 |
| Vanguard Malvern FDS922020805 | Added– | 213,38823,493 | +189,895+808.3% | $10.7M$1.17M | +$9.55M | 1.3%0.2% | +1.13 |
| State Street Financial Select Sector SPDR ETF81369Y605 | Added– | 196,446192,476 | +3,970+2.1% | $10.3M$9.59M | +$207.9K | 1.2%1.2% | −0.02 |
| CAHCardinal Health Inc | ReducedHistory | 61,03661,954 | −918−1.5% | $10.3M$8.54M | −$154.2K | 1.2%1.1% | +0.12 |
| FLEXFlex Ltd. | ReducedHistory | 197,916200,996 | −3,080−1.5% | $9.88M$6.65M | −$153.8K | 1.2%0.9% | +0.32 |
| State Street Technology Select Sector SPDR ETF81369Y803 | Added– | 38,89335,157 | +3,736+10.6% | $9.85M$7.26M | +$946.1K | 1.2%0.9% | +0.23 |
| URIUnited Rentals, Inc. | ReducedHistory | 12,88313,905 | −1,022−7.3% | $9.71M$8.71M | −$770.0K | 1.2%1.1% | +0.03 |
| MSMorgan Stanley | ReducedHistory | 67,64668,662 | −1,016−1.5% | $9.53M$8.01M | −$143.1K | 1.1%1.0% | +0.10 |
| KGCKinross Gold Corp | ReducedHistory | 604,396613,891 | −9,495−1.5% | $9.45M$7.74M | −$148.4K | 1.1%1.0% | +0.12 |
| PHMPultegroup Inc | ReducedHistory | 89,26896,752 | −7,484−7.7% | $9.41M$9.95M | −$789.3K | 1.1%1.3% | −0.17 |
| TMUST-Mobile US, Inc. | ReducedHistory | 39,49140,043 | −552−1.4% | $9.41M$10.7M | −$131.5K | 1.1%1.4% | −0.26 |
| iShares Core S&P 500 ETF464287200 | Added– | 14,65814,315 | +343+2.4% | $9.10M$8.04M | +$213.0K | 1.1%1.0% | +0.04 |
| State Street Communication Services Select Sector SPDR ETF81369Y852 | Added– | 83,16281,414 | +1,748+2.1% | $9.03M$7.85M | +$189.7K | 1.1%1.0% | +0.06 |
| JPMJPMorgan Chase & Co | ReducedHistory | 30,88231,398 | −516−1.6% | $8.95M$7.70M | −$149.6K | 1.1%1.0% | +0.07 |
| CORCencora, Inc. | ReducedHistory | 29,85830,314 | −456−1.5% | $8.95M$8.43M | −$136.7K | 1.1%1.1% | −0.03 |
| FXYInvesco CurrencyShares Japanese Yen Trust | AddedHistory | 134,551100,651 | +33,900+33.7% | $8.60M$6.19M | +$2.17M | 1.0%0.8% | +0.22 |
| CSCOCisco Systems, Inc. | AddedHistory | 123,56284,206 | +39,356+46.7% | $8.57M$5.20M | +$2.73M | 1.0%0.7% | +0.35 |
| MAMastercard Inc | ReducedHistory | 15,10215,346 | −244−1.6% | $8.49M$8.41M | −$137.1K | 1.0%1.1% | −0.08 |
| SPDR Series Trust78464A151 | Added– | 256,592137,278 | +119,314+86.9% | $8.36M$4.05M | +$3.89M | 1.0%0.5% | +0.47 |
| iShares Tr464287440 | Added– | 80,22269,157 | +11,065+16.0% | $7.68M$6.60M | +$1.06M | 0.9%0.9% | +0.06 |
| iShares Tr464288638 | Added– | 143,077136,656 | +6,421+4.7% | $7.62M$7.18M | +$342.2K | 0.9%0.9% | −0.02 |
| DHIHorton D R Inc | ReducedHistory | 58,93863,884 | −4,946−7.7% | $7.60M$8.12M | −$637.6K | 0.9%1.1% | −0.15 |
| BACBank of America Corp | ReducedHistory | 156,268158,678 | −2,410−1.5% | $7.39M$6.62M | −$114.0K | 0.9%0.9% | +0.02 |
| DBDeutsche Bank Aktiengesellschaft | ReducedHistory | 252,216255,844 | −3,628−1.4% | $7.38M$6.10M | −$106.2K | 0.9%0.8% | +0.09 |
| VVisa Inc. | ReducedHistory | 20,06622,062 | −1,996−9.0% | $7.12M$7.73M | −$708.7K | 0.9%1.0% | −0.15 |
| CHKPCheck Point Software Technologies Ltd | ReducedHistory | 32,08832,530 | −442−1.4% | $7.10M$7.41M | −$97.8K | 0.8%1.0% | −0.11 |
| CCitigroup Inc | ReducedHistory | 80,14881,037 | −889−1.1% | $6.82M$5.75M | −$75.7K | 0.8%0.7% | +0.07 |
| TAT&T Inc. | ReducedHistory | 235,452239,192 | −3,740−1.6% | $6.81M$6.76M | −$108.2K | 0.8%0.9% | −0.06 |
| iShares Core MSCI Eafe ETF46432F842 | Added– | 78,95774,909 | +4,048+5.4% | $6.59M$5.67M | +$337.9K | 0.8%0.7% | +0.05 |
| TELTE Connectivity plc | ReducedHistory | 38,81239,396 | −584−1.5% | $6.55M$5.57M | −$98.5K | 0.8%0.7% | +0.06 |
| FTNTFortinet, Inc. | ReducedHistory | 61,73662,729 | −993−1.6% | $6.53M$6.04M | −$105.0K | 0.8%0.8% | 0.00 |
| DISWalt Disney Co | ReducedHistory | 51,93152,750 | −819−1.6% | $6.44M$5.21M | −$101.6K | 0.8%0.7% | +0.09 |
| iShares Tr464288588 | Added– | 66,83260,708 | +6,124+10.1% | $6.27M$5.69M | +$575.0K | 0.7%0.7% | +0.01 |
| TOLToll Brothers, Inc. | ReducedHistory | 54,13958,731 | −4,592−7.8% | $6.18M$6.20M | −$524.1K | 0.7%0.8% | −0.07 |
| CVSACovista Inc. | ReducedHistory | 48,48849,185 | −697−1.4% | $6.17M$4.95M | −$88.7K | 0.7%0.6% | +0.09 |
| IAGIamgold Corp | ReducedHistory | 818,737831,560 | −12,823−1.5% | $6.02M$5.20M | −$94.2K | 0.7%0.7% | +0.04 |
| HCAHCA Healthcare, Inc. | ReducedHistory | 15,60617,852 | −2,246−12.6% | $5.98M$6.17M | −$860.4K | 0.7%0.8% | −0.09 |
| CMCanadian Imperial Bank of Commerce | ReducedHistory | 83,37684,598 | −1,222−1.4% | $5.91M$4.76M | −$86.6K | 0.7%0.6% | +0.09 |
| BCSBarclays PLC | ReducedHistory | 317,243321,802 | −4,559−1.4% | $5.90M$4.94M | −$84.8K | 0.7%0.6% | +0.06 |
| UBERUber Technologies, Inc | NewHistory | 61,3350 | +61,335 | $5.72M$0 | +$5.72M | 0.7%0.0% | +0.68 |
| VRSNVerisign Inc | ReducedHistory | 19,73421,670 | −1,936−8.9% | $5.70M$5.50M | −$559.1K | 0.7%0.7% | −0.03 |
| AEMAgnico Eagle Mines Ltd | ReducedHistory | 46,80547,580 | −775−1.6% | $5.57M$5.16M | −$92.2K | 0.7%0.7% | 0.00 |
| NOKNokia Corp | AddedHistory | 1,048,613735,579 | +313,034+42.6% | $5.43M$3.88M | +$1.62M | 0.6%0.5% | +0.15 |
| FFIVF5, Inc. | AddedHistory | 18,41312,814 | +5,599+43.7% | $5.42M$3.41M | +$1.65M | 0.6%0.4% | +0.20 |
| LRNStride, Inc. | ReducedHistory | 36,99337,568 | −575−1.5% | $5.37M$4.75M | −$83.5K | 0.6%0.6% | +0.02 |
| ERICEricsson LM Telephone Co | AddedHistory | 602,678404,152 | +198,526+49.1% | $5.11M$3.14M | +$1.68M | 0.6%0.4% | +0.20 |
| THCTenet Healthcare Corp | ReducedHistory | 28,85732,767 | −3,910−11.9% | $5.08M$4.41M | −$688.2K | 0.6%0.6% | +0.03 |
| Simplify Exchange Traded Fun82889N525 | Reduced– | 99,986123,933 | −23,947−19.3% | $5.01M$6.21M | −$1.20M | 0.6%0.8% | −0.21 |
| LAURLaureate Education, Inc. | ReducedHistory | 212,592215,709 | −3,117−1.4% | $4.97M$4.41M | −$72.9K | 0.6%0.6% | +0.02 |
| FXEInvesco CurrencyShares Euro Trust | AddedHistory | 44,73541,906 | +2,829+6.8% | $4.87M$4.19M | +$307.8K | 0.6%0.5% | +0.04 |
| iShares Core U.S. Aggregate Bond ETF464287226 | Unchanged– | 47,79547,795 | 00.0% | $4.74M$4.73M | $0 | 0.6%0.6% | −0.05 |
| UTIUniversal Technical Institute Inc | ReducedHistory | 136,521138,616 | −2,095−1.5% | $4.63M$3.56M | −$71.0K | 0.6%0.5% | +0.09 |
| TWLOTwilio Inc | ReducedHistory | 36,63840,159 | −3,521−8.8% | $4.56M$3.93M | −$437.9K | 0.5%0.5% | +0.03 |
| HIGHartford Insurance Group, Inc. | ReducedHistory | 35,01035,558 | −548−1.5% | $4.44M$4.40M | −$69.5K | 0.5%0.6% | −0.04 |
| CARGCarGurus, Inc. | ReducedHistory | 131,549142,039 | −10,490−7.4% | $4.40M$4.14M | −$351.1K | 0.5%0.5% | −0.01 |
| Vanguard Scottsdale FDS92206C714 | Unchanged– | 50,84650,846 | 00.0% | $4.33M$4.20M | $0 | 0.5%0.5% | −0.03 |
| PNCPNC Financial Services Group, Inc. | NewHistory | 23,1400 | +23,140 | $4.31M$0 | +$4.31M | 0.5%0.0% | +0.52 |
| TRVTravelers Companies, Inc. | ReducedHistory | 15,90716,122 | −215−1.3% | $4.26M$4.26M | −$57.5K | 0.5%0.6% | −0.05 |
| USBUS Bancorp DE | NewHistory | 91,3470 | +91,347 | $4.13M$0 | +$4.13M | 0.5%0.0% | +0.49 |
| ProShares Tr74349Y837 | Reduced– | 122,369340,862 | −218,493−64.1% | $4.12M$13.8M | −$7.35M | 0.5%1.8% | −1.31 |
| RJFRaymond James Financial Inc | ReducedHistory | 26,61627,008 | −392−1.5% | $4.08M$3.75M | −$60.1K | 0.5%0.5% | 0.00 |
| SSNCSS&C Technologies Holdings Inc | AddedHistory | 48,01247,432 | +580+1.2% | $3.98M$3.96M | +$48.0K | 0.5%0.5% | −0.04 |
| GDDYGoDaddy Inc. | ReducedHistory | 21,89923,897 | −1,998−8.4% | $3.94M$4.30M | −$359.8K | 0.5%0.6% | −0.09 |
| FTDRFrontdoor, Inc. | AddedHistory | 65,5316,076 | +59,455+978.5% | $3.86M$233.4K | +$3.50M | 0.5%<0.1% | +0.43 |
| ALLAllstate Corp | ReducedHistory | 19,08919,398 | −309−1.6% | $3.84M$4.02M | −$62.2K | 0.5%0.5% | −0.06 |
| UGIUgi Corp | AddedHistory | 105,21593,388 | +11,827+12.7% | $3.83M$3.09M | +$430.7K | 0.5%0.4% | +0.06 |
| CMCSAComcast Corp | ReducedHistory | 106,225107,909 | −1,684−1.6% | $3.79M$3.98M | −$60.1K | 0.5%0.5% | −0.06 |
| DYDycom Industries Inc | NewHistory | 15,3930 | +15,393 | $3.76M$0 | +$3.76M | 0.4%0.0% | +0.45 |
| EHCEncompass Health Corp | ReducedHistory | 30,01630,466 | −450−1.5% | $3.68M$3.09M | −$55.2K | 0.4%0.4% | +0.04 |
| MKLMarkel Group Inc. | ReducedHistory | 1,8101,854 | −44−2.4% | $3.62M$3.47M | −$87.9K | 0.4%0.5% | −0.02 |
| SANMSanmina Corp | NewHistory | 36,2080 | +36,208 | $3.54M$0 | +$3.54M | 0.4%0.0% | +0.42 |
| PAASPan American Silver Corp | ReducedHistory | 123,572125,486 | −1,914−1.5% | $3.51M$3.24M | −$54.4K | 0.4%0.4% | 0.00 |
| STRAStrategic Education, Inc. | ReducedHistory | 41,19641,764 | −568−1.4% | $3.51M$3.51M | −$48.4K | 0.4%0.5% | −0.04 |
| AKAMAkamai Technologies Inc | ReducedHistory | 43,77748,050 | −4,273−8.9% | $3.49M$3.87M | −$340.8K | 0.4%0.5% | −0.09 |
| EGOEldorado Gold Corp | ReducedHistory | 171,214173,900 | −2,686−1.5% | $3.48M$2.92M | −$54.6K | 0.4%0.4% | +0.04 |
| PYPLPayPal Holdings, Inc. | ReducedHistory | 45,78652,444 | −6,658−12.7% | $3.40M$3.42M | −$494.8K | 0.4%0.4% | −0.04 |
| PLXSPlexus Corp | NewHistory | 25,0810 | +25,081 | $3.39M$0 | +$3.39M | 0.4%0.0% | +0.41 |
| MDUMdu Resources Group Inc | AddedHistory | 202,649182,096 | +20,553+11.3% | $3.38M$3.08M | +$342.6K | 0.4%0.4% | 0.00 |
| RCLRoyal Caribbean Cruises Ltd | ReducedHistory | 10,77510,924 | −149−1.4% | $3.37M$2.24M | −$46.7K | 0.4%0.3% | +0.11 |
| VIRTVirtu Financial, Inc. | ReducedHistory | 74,84076,054 | −1,214−1.6% | $3.35M$2.90M | −$54.4K | 0.4%0.4% | +0.02 |
| QLYSQualys, Inc. | ReducedHistory | 23,41023,808 | −398−1.7% | $3.34M$3.00M | −$56.9K | 0.4%0.4% | +0.01 |
| AIZAssurant, Inc. | ReducedHistory | 16,78017,085 | −305−1.8% | $3.31M$3.58M | −$60.2K | 0.4%0.5% | −0.07 |
| UHSUniversal Health Services Inc | ReducedHistory | 18,06920,812 | −2,743−13.2% | $3.27M$3.91M | −$496.9K | 0.4%0.5% | −0.12 |
| ACGLArch Capital Group Ltd. | ReducedHistory | 35,16435,650 | −486−1.4% | $3.20M$3.43M | −$44.3K | 0.4%0.4% | −0.06 |
| OKTAOkta, Inc. | ReducedHistory | 31,69732,215 | −518−1.6% | $3.17M$3.39M | −$51.8K | 0.4%0.4% | −0.06 |
| CCLCarnival Corp Ltd. | ReducedHistory | 111,327113,080 | −1,753−1.6% | $3.13M$2.21M | −$49.3K | 0.4%0.3% | +0.09 |
| NJRNew Jersey Resources Corp | AddedHistory | 69,63562,718 | +6,917+11.0% | $3.12M$3.08M | +$310.0K | 0.4%0.4% | −0.03 |
Estimated amounts multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares): new positions use this quarter's value and sold-out positions last quarter's; positions reported only as principal (PRN) cannot be estimated. 13F shows only quarter-end holdings, not when trades happened or at what price.