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Livermore
Livermore
ZHEN

Leuthold Group, LLC

SEC CIK
0001170152
Latest filing
Aug 4, 2026

Holdings in Q3 2025

Holdings as of Sep 30, 2025, filed Nov 6, 2025. Long positions only; changes compare share counts with Q2 2025.

Institution overview
Positions
205
−1 vs. Q2 2025
Portfolio value
$914.0M
+$77.0M (+9.2%) vs. Q2 2025
Filed
Nov 6, 2025
SEC
Holdings of Leuthold Group, LLC in Q3 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
MSFTMicrosoft CorpStock52,037$27.0M2.9%+1,768+3.5%AddedHistory
METAMeta Platforms, Inc.Stock30,592$22.5M2.5%+1,036+3.5%AddedHistory
SPDR Series Trust78464A516ST INTL BBG ETF838,032$19.3M2.1%−1,113−0.1%Reduced–
ORCLOracle CorpStock67,756$19.1M2.1%+368+0.5%AddedHistory
NFLXNetflix IncStock14,948$17.9M2.0%+507+3.5%AddedHistory
GOOGLAlphabet Inc.Stock69,857$17.0M1.9%+2,364+3.5%AddedHistory
Direxion Shares ETF Trust25460E869DAILY 500 1X ETF1,738,823$16.7M1.8%+7,254+0.4%Added–
KGCKinross Gold CorpCOM609,931$15.2M1.7%+5,535+0.9%AddedHistory
GSGoldman Sachs Group IncStock17,953$14.3M1.6%+568+3.3%AddedHistory
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF78464A375ETF420,225$14.2M1.6%+31,696+8.2%Added–
JBLJabil IncStock62,003$13.5M1.5%+2,103+3.5%AddedHistory
iShares Tr4642874571 3 YR TREAS BD160,399$13.3M1.5%−5,373−3.2%Reduced–
MCKMcKesson CorpStock15,998$12.4M1.4%+545+3.5%AddedHistory
URIUnited Rentals, Inc.COM12,865$12.3M1.3%−18−0.1%ReducedHistory
FLEXFlex Ltd.Stock204,860$11.9M1.3%+6,944+3.5%AddedHistory
PHMPultegroup IncCOM89,134$11.8M1.3%−134−0.2%ReducedHistory
MSMorgan StanleyStock69,864$11.1M1.2%+2,218+3.3%AddedHistory
Vanguard Malvern FDS922020805STRM INFPROIDX213,699$10.8M1.2%+311+0.1%Added–
iShares Tr464288117INTL TREA BD ETF252,048$10.7M1.2%−37,221−12.9%Reduced–
IAGIamgold CorpCOM822,615$10.6M1.2%+3,878+0.5%AddedHistory
State Street Technology Select Sector SPDR ETF81369Y803ETF37,048$10.4M1.1%−1,845−4.7%Reduced–
ProShares Tr74348A210SHRT RUSSELL2000602,105$10.1M1.1%+7,032+1.2%Added–
JPMJPMorgan Chase & CoStock31,963$10.1M1.1%+1,081+3.5%AddedHistory
DHIHorton D R IncCOM58,848$9.97M1.1%−90−0.2%ReducedHistory
CAHCardinal Health IncStock63,182$9.92M1.1%+2,146+3.5%AddedHistory
TMUST-Mobile US, Inc.Stock40,772$9.76M1.1%+1,281+3.2%AddedHistory
CORCencora, Inc.Stock30,903$9.66M1.1%+1,045+3.5%AddedHistory
iShares Core S&P 500 ETF464287200ETF14,298$9.57M1.0%−360−2.5%Reduced–
State Street Financial Select Sector SPDR ETF81369Y605ETF173,211$9.33M1.0%−23,235−11.8%Reduced–
CSCOCisco Systems, Inc.Stock136,101$9.31M1.0%+12,539+10.1%AddedHistory
DBDeutsche Bank AktiengesellschaftNAMEN AKT260,333$9.22M1.0%+8,117+3.2%AddedHistory
MAMastercard IncStock15,630$8.89M1.0%+528+3.5%AddedHistory
TELTE Connectivity plcStock40,174$8.82M1.0%+1,362+3.5%AddedHistory
State Street Communication Services Select Sector SPDR ETF81369Y852ETF72,247$8.55M0.9%−10,915−13.1%Reduced–
CCitigroup IncStock82,996$8.42M0.9%+2,848+3.6%AddedHistory
BACBank of America CorpStock161,751$8.34M0.9%+5,483+3.5%AddedHistory
SPDR Series Trust78464A151SST SPDR BLOOMBE256,868$8.29M0.9%+276+0.1%Added–
iShares Tr464288638ISHS 5-10YR INVT152,802$8.27M0.9%+9,725+6.8%Added–
iShares Tr464288588MBS ETF84,496$8.04M0.9%+17,664+26.4%Added–
AEMAgnico Eagle Mines LtdStock46,837$7.89M0.9%+32+0.1%AddedHistory
Vanguard Mortgage-Backed Securities ETF92206C771ETF167,597$7.87M0.9%+167,597New–
CVSACovista Inc.COM50,072$7.73M0.8%+1,584+3.3%AddedHistory
iShares Tr4642874407-10 YR TRSY BD77,679$7.49M0.8%−2,543−3.2%Reduced–
TOLToll Brothers, Inc.COM54,057$7.47M0.8%−82−0.2%ReducedHistory
VVisa Inc.Stock20,768$7.09M0.8%+702+3.5%AddedHistory
LAURLaureate Education, Inc.COMMON STOCK219,483$6.92M0.8%+6,891+3.2%AddedHistory
HCAHCA Healthcare, Inc.COM16,155$6.89M0.8%+549+3.5%AddedHistory
TAT&T Inc.Stock243,714$6.88M0.8%+8,262+3.5%AddedHistory
CMCanadian Imperial Bank of CommerceCOM86,142$6.88M0.8%+2,766+3.3%AddedHistory
BCSBarclays PLCADR327,524$6.77M0.7%+10,281+3.2%AddedHistory
PRIMPrimoris Services CorpStock48,947$6.72M0.7%+45,572+1,350.3%AddedHistory
FFIVF5, Inc.Stock20,534$6.64M0.7%+2,121+11.5%AddedHistory
iShares Core MSCI Eafe ETF46432F842ETF74,870$6.54M0.7%−4,087−5.2%Reduced–
CHKPCheck Point Software Technologies LtdORD30,725$6.36M0.7%−1,363−4.2%ReducedHistory
UBERUber Technologies, IncStock63,508$6.22M0.7%+2,173+3.5%AddedHistory
DISWalt Disney CoStock53,754$6.15M0.7%+1,823+3.5%AddedHistory
THCTenet Healthcare CorpCOM NEW29,872$6.07M0.7%+1,015+3.5%AddedHistory
FXYInvesco CurrencyShares Japanese Yen TrustJAPANESE YEN93,481$5.82M0.6%−41,070−30.5%ReducedHistory
VRSNVerisign IncCOM20,427$5.71M0.6%+693+3.5%AddedHistory
LRNStride, Inc.COM38,293$5.70M0.6%+1,300+3.5%AddedHistory
EQXEquinox Gold Corp.COM502,870$5.64M0.6%−2,648−0.5%ReducedHistory
MGAMagna International IncCOM116,279$5.51M0.6%+106,237+1,057.9%AddedHistory
FTNTFortinet, Inc.Stock63,901$5.37M0.6%+2,165+3.5%AddedHistory
APTVAptiv PLCStock61,713$5.32M0.6%+61,713NewHistory
ERICEricsson LM Telephone CoADR B SEK 10642,557$5.31M0.6%+39,879+6.6%AddedHistory
ALVAutoliv IncCOM42,239$5.22M0.6%+39,263+1,319.3%AddedHistory
EGOEldorado Gold CorpCOM174,370$5.04M0.6%+3,156+1.8%AddedHistory
VRTXVertex Pharmaceuticals IncStock12,843$5.03M0.6%+12,843NewHistory
CARGCarGurus, Inc.COM CL A131,359$4.89M0.5%−190−0.1%ReducedHistory
HIGHartford Insurance Group, Inc.Stock36,145$4.82M0.5%+1,135+3.2%AddedHistory
PNCPNC Financial Services Group, Inc.Stock23,979$4.82M0.5%+839+3.6%AddedHistory
AMGNAmgen IncStock17,006$4.80M0.5%+17,006NewHistory
iShares Core U.S. Aggregate Bond ETF464287226ETF47,770$4.79M0.5%−25−0.1%Reduced–
RJFRaymond James Financial IncCOM27,455$4.74M0.5%+839+3.2%AddedHistory
PAASPan American Silver CorpStock122,339$4.74M0.5%−1,233−1.0%ReducedHistory
GILDGilead Sciences, Inc.Stock42,636$4.73M0.5%+42,636NewHistory
DYDycom Industries IncCOM16,070$4.69M0.5%+677+4.4%AddedHistory
UTIUniversal Technical Institute IncCOM141,309$4.60M0.5%+4,788+3.5%AddedHistory
TRVTravelers Companies, Inc.Stock16,466$4.60M0.5%+559+3.5%AddedHistory
USBUS Bancorp DECOM NEW94,679$4.58M0.5%+3,332+3.6%AddedHistory
Vanguard Scottsdale FDS92206C714VNG RUS1000VAL50,819$4.54M0.5%−27−0.1%Reduced–
FXEInvesco CurrencyShares Euro TrustEURO SHS41,706$4.52M0.5%−3,029−6.8%ReducedHistory
PRDOPerdoceo Education CorpCOM119,330$4.49M0.5%+102,640+615.0%AddedHistory
SSNCSS&C Technologies Holdings IncCOM50,387$4.47M0.5%+2,375+4.9%AddedHistory
SANMSanmina CorpCOM37,492$4.32M0.5%+1,284+3.5%AddedHistory
ALLAllstate CorpStock19,756$4.24M0.5%+667+3.5%AddedHistory
FTDRFrontdoor, Inc.COM61,594$4.14M0.5%−3,937−6.0%ReducedHistory
Invesco Exchange Traded FD T46137V381S&P500 EQL DIS68,409$3.95M0.4%+44,604+187.4%Added–
EHCEncompass Health CorpCOM31,064$3.95M0.4%+1,048+3.5%AddedHistory
ProShares Tr74349Y837SHORT QQQ124,115$3.85M0.4%+1,746+1.4%Added–
UHSUniversal Health Services IncCL B18,698$3.82M0.4%+629+3.5%AddedHistory
AIZAssurant, Inc.Stock17,371$3.76M0.4%+591+3.5%AddedHistory
PLXSPlexus CorpCOM25,974$3.76M0.4%+893+3.6%AddedHistory
MMSMaximus, Inc.COM40,707$3.72M0.4%+2,112+5.5%AddedHistory
RCLRoyal Caribbean Cruises LtdCOM11,149$3.61M0.4%+374+3.5%AddedHistory
EXPEExpedia Group, Inc.Stock16,800$3.59M0.4%+567+3.5%AddedHistory
MKLMarkel Group Inc.COM1,867$3.57M0.4%+57+3.1%AddedHistory
ACMAecomCOM26,265$3.43M0.4%+26,265NewHistory
REGNRegeneron Pharmaceuticals, Inc.COM6,044$3.40M0.4%+6,044NewHistory
LEALear CorpCOM NEW33,576$3.38M0.4%+30,875+1,143.1%AddedHistory

Sold out since Q2 2025 (33)

Positions held at the end of Q2 2025 that are gone from this filing.

Positions of Leuthold Group, LLC sold out since Q2 2025
SecurityClassShares in Q2 2025Value in Q2 2025% of portfolio in Q2 2025History
NOKNokia CorpSPONSORED ADR1,048,613$5.43M0.6%History
Simplify Exchange Traded Fun82889N525MBS ETF99,986$5.01M0.6%–
TWLOTwilio IncCL A36,638$4.56M0.5%History
GDDYGoDaddy Inc.CL A21,899$3.94M0.5%History
CMCSAComcast CorpStock106,225$3.79M0.5%History
STRAStrategic Education, Inc.COM41,196$3.51M0.4%History
AKAMAkamai Technologies IncCOM43,777$3.49M0.4%History
PYPLPayPal Holdings, Inc.Stock45,786$3.40M0.4%History
VIRTVirtu Financial, Inc.CL A74,840$3.35M0.4%History
ACGLArch Capital Group Ltd.Stock35,164$3.20M0.4%History
OKTAOkta, Inc.CL A31,697$3.17M0.4%History
OGSONE Gas, Inc.COM42,499$3.05M0.4%History
SRSpire IncCOM41,490$3.03M0.4%History
CHTRCharter Communications, Inc.CL A7,162$2.93M0.3%History
CICigna GroupStock8,843$2.92M0.3%History
LADLithia Motors IncCOM8,260$2.79M0.3%History
HHyatt Hotels CorpCOM CL A18,108$2.53M0.3%History
State Street Utilities Select Sector SPDR ETF81369Y886ETF27,526$2.25M0.3%–
KMPRKEMPER CorpCOM32,840$2.12M0.3%History
DOCNDigitalOcean Holdings, Inc.COM73,477$2.10M0.3%History
WIXWix.com Ltd.SHS11,951$1.89M0.2%History
CRMSalesforce, Inc.Stock2,016$549.7K0.1%History
WisdomTree Tr97717X511YIELD ENHANCD US10,932$477.0K0.1%–
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF4,063$445.3K0.1%–
DBXDropbox, Inc.CL A15,513$443.7K0.1%History
ZMZoom Communications, Inc.Stock5,328$415.5K<0.1%History
DOCUDocuSign, Inc.Stock5,188$404.1K<0.1%History
SAPSAP SEADR1,248$379.5K<0.1%History
ACIWAci Worldwide, Inc.Stock7,124$327.1K<0.1%History
OPRAOpera LtdSPONSORED ADS13,815$261.1K<0.1%History
Schwab US Dividend Equity ETF808524797ETF8,827$233.9K<0.1%–
YPFYpf Sociedad AnonimaSPON ADR CL D7,266$228.5K<0.1%History
MATXMatson, Inc.COM1,798$200.2K<0.1%History