Leuthold Group, LLC
- SEC CIK
- 0001170152
- Latest filing
- Aug 4, 2026
Holdings changes from Q2 2025 to Q3 2025
Long positions only; new, added, reduced and sold out are based on share counts. Pick any two quarters this institution filed.
- New
- 32
- Est. +$63.9M
- Added
- 93
- Est. +$47.0M
- Reduced
- 47
- Est. −$23.0M
- Sold out
- 33
- Est. −$72.8M
Portfolio value went from $837.0M to $914.0M (+$77.0M (+9.2%)); positions from 206 to 205 (−1).
All Q3 2025 holdingsAll Q2 2025 holdings
In the shares, value and % of portfolio columns, the top figure is Q3 2025 and the gray one below is Q2 2025. For stocks that split between the two quarters, Q2 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 | AddedHistory | 52,03750,269 | +1,768+3.5% | $27.0M$25.0M | +$915.7K | 2.9%3.0% | −0.04 |
| METAMeta Platforms, Inc. | AddedHistory | 30,59229,556 | +1,036+3.5% | $22.5M$21.8M | +$760.8K | 2.5%2.6% | −0.15 |
| SPDR Series Trust78464A516 | Reduced– | 838,032839,145 | −1,113−0.1% | $19.3M$19.7M | −$25.6K | 2.1%2.4% | −0.25 |
| ORCLOracle Corp | AddedHistory | 67,75667,388 | +368+0.5% | $19.1M$14.7M | +$103.5K | 2.1%1.8% | +0.32 |
| NFLXNetflix Inc | AddedHistory | 14,94814,441 | +507+3.5% | $17.9M$19.3M | +$607.9K | 2.0%2.3% | −0.35 |
| GOOGLAlphabet Inc. | AddedHistory | 69,85767,493 | +2,364+3.5% | $17.0M$11.9M | +$574.7K | 1.9%1.4% | +0.44 |
| Direxion Shares ETF Trust25460E869 | Added– | 1,738,8231,731,569 | +7,254+0.4% | $16.7M$17.8M | +$69.7K | 1.8%2.1% | −0.30 |
| KGCKinross Gold Corp | AddedHistory | 609,931604,396 | +5,535+0.9% | $15.2M$9.45M | +$137.5K | 1.7%1.1% | +0.53 |
| GSGoldman Sachs Group Inc | AddedHistory | 17,95317,385 | +568+3.3% | $14.3M$12.3M | +$452.3K | 1.6%1.5% | +0.09 |
| State Street SPDR Portfolio Intermediate Term Corporate Bond ETF78464A375 | Added– | 420,225388,529 | +31,696+8.2% | $14.2M$13.0M | +$1.07M | 1.6%1.6% | 0.00 |
| JBLJabil Inc | AddedHistory | 62,00359,900 | +2,103+3.5% | $13.5M$13.1M | +$456.7K | 1.5%1.6% | −0.09 |
| iShares Tr464287457 | Reduced– | 160,399165,772 | −5,373−3.2% | $13.3M$13.7M | −$445.7K | 1.5%1.6% | −0.19 |
| MCKMcKesson Corp | AddedHistory | 15,99815,453 | +545+3.5% | $12.4M$11.3M | +$421.0K | 1.4%1.4% | 0.00 |
| URIUnited Rentals, Inc. | ReducedHistory | 12,86512,883 | −18−0.1% | $12.3M$9.71M | −$17.2K | 1.3%1.2% | +0.18 |
| FLEXFlex Ltd. | AddedHistory | 204,860197,916 | +6,944+3.5% | $11.9M$9.88M | +$402.5K | 1.3%1.2% | +0.12 |
| PHMPultegroup Inc | ReducedHistory | 89,13489,268 | −134−0.2% | $11.8M$9.41M | −$17.7K | 1.3%1.1% | +0.16 |
| MSMorgan Stanley | AddedHistory | 69,86467,646 | +2,218+3.3% | $11.1M$9.53M | +$352.6K | 1.2%1.1% | +0.08 |
| Vanguard Malvern FDS922020805 | Added– | 213,699213,388 | +311+0.1% | $10.8M$10.7M | +$15.7K | 1.2%1.3% | −0.10 |
| iShares Tr464288117 | Reduced– | 252,048289,269 | −37,221−12.9% | $10.7M$12.5M | −$1.59M | 1.2%1.5% | −0.31 |
| IAGIamgold Corp | AddedHistory | 822,615818,737 | +3,878+0.5% | $10.6M$6.02M | +$50.1K | 1.2%0.7% | +0.44 |
| State Street Technology Select Sector SPDR ETF81369Y803 | Reduced– | 37,04838,893 | −1,845−4.7% | $10.4M$9.85M | −$520.0K | 1.1%1.2% | −0.03 |
| ProShares Tr74348A210 | Added– | 602,105595,073 | +7,032+1.2% | $10.1M$11.2M | +$118.1K | 1.1%1.3% | −0.23 |
| JPMJPMorgan Chase & Co | AddedHistory | 31,96330,882 | +1,081+3.5% | $10.1M$8.95M | +$341.0K | 1.1%1.1% | +0.03 |
| DHIHorton D R Inc | ReducedHistory | 58,84858,938 | −90−0.2% | $9.97M$7.60M | −$15.3K | 1.1%0.9% | +0.18 |
| CAHCardinal Health Inc | AddedHistory | 63,18261,036 | +2,146+3.5% | $9.92M$10.3M | +$336.8K | 1.1%1.2% | −0.14 |
| TMUST-Mobile US, Inc. | AddedHistory | 40,77239,491 | +1,281+3.2% | $9.76M$9.41M | +$306.6K | 1.1%1.1% | −0.06 |
| CORCencora, Inc. | AddedHistory | 30,90329,858 | +1,045+3.5% | $9.66M$8.95M | +$326.6K | 1.1%1.1% | −0.01 |
| iShares Core S&P 500 ETF464287200 | Reduced– | 14,29814,658 | −360−2.5% | $9.57M$9.10M | −$240.9K | 1.0%1.1% | −0.04 |
| State Street Financial Select Sector SPDR ETF81369Y605 | Reduced– | 173,211196,446 | −23,235−11.8% | $9.33M$10.3M | −$1.25M | 1.0%1.2% | −0.21 |
| CSCOCisco Systems, Inc. | AddedHistory | 136,101123,562 | +12,539+10.1% | $9.31M$8.57M | +$857.9K | 1.0%1.0% | −0.01 |
| DBDeutsche Bank Aktiengesellschaft | AddedHistory | 260,333252,216 | +8,117+3.2% | $9.22M$7.38M | +$287.4K | 1.0%0.9% | +0.13 |
| MAMastercard Inc | AddedHistory | 15,63015,102 | +528+3.5% | $8.89M$8.49M | +$300.3K | 1.0%1.0% | −0.04 |
| TELTE Connectivity plc | AddedHistory | 40,17438,812 | +1,362+3.5% | $8.82M$6.55M | +$299.0K | 1.0%0.8% | +0.18 |
| State Street Communication Services Select Sector SPDR ETF81369Y852 | Reduced– | 72,24783,162 | −10,915−13.1% | $8.55M$9.03M | −$1.29M | 0.9%1.1% | −0.14 |
| CCitigroup Inc | AddedHistory | 82,99680,148 | +2,848+3.6% | $8.42M$6.82M | +$289.1K | 0.9%0.8% | +0.11 |
| BACBank of America Corp | AddedHistory | 161,751156,268 | +5,483+3.5% | $8.34M$7.39M | +$282.9K | 0.9%0.9% | +0.03 |
| SPDR Series Trust78464A151 | Added– | 256,868256,592 | +276+0.1% | $8.29M$8.36M | +$8.91K | 0.9%1.0% | −0.09 |
| iShares Tr464288638 | Added– | 152,802143,077 | +9,725+6.8% | $8.27M$7.62M | +$526.0K | 0.9%0.9% | −0.01 |
| iShares Tr464288588 | Added– | 84,49666,832 | +17,664+26.4% | $8.04M$6.27M | +$1.68M | 0.9%0.7% | +0.13 |
| AEMAgnico Eagle Mines Ltd | AddedHistory | 46,83746,805 | +32+0.1% | $7.89M$5.57M | +$5.39K | 0.9%0.7% | +0.20 |
| Vanguard Mortgage-Backed Securities ETF92206C771 | New– | 167,5970 | +167,597 | $7.87M$0 | +$7.87M | 0.9%0.0% | +0.86 |
| CVSACovista Inc. | AddedHistory | 50,07248,488 | +1,584+3.3% | $7.73M$6.17M | +$244.6K | 0.8%0.7% | +0.11 |
| iShares Tr464287440 | Reduced– | 77,67980,222 | −2,543−3.2% | $7.49M$7.68M | −$245.3K | 0.8%0.9% | −0.10 |
| TOLToll Brothers, Inc. | ReducedHistory | 54,05754,139 | −82−0.2% | $7.47M$6.18M | −$11.3K | 0.8%0.7% | +0.08 |
| VVisa Inc. | AddedHistory | 20,76820,066 | +702+3.5% | $7.09M$7.12M | +$239.6K | 0.8%0.9% | −0.08 |
| LAURLaureate Education, Inc. | AddedHistory | 219,483212,592 | +6,891+3.2% | $6.92M$4.97M | +$217.3K | 0.8%0.6% | +0.16 |
| HCAHCA Healthcare, Inc. | AddedHistory | 16,15515,606 | +549+3.5% | $6.89M$5.98M | +$234.0K | 0.8%0.7% | +0.04 |
| TAT&T Inc. | AddedHistory | 243,714235,452 | +8,262+3.5% | $6.88M$6.81M | +$233.3K | 0.8%0.8% | −0.06 |
| CMCanadian Imperial Bank of Commerce | AddedHistory | 86,14283,376 | +2,766+3.3% | $6.88M$5.91M | +$221.0K | 0.8%0.7% | +0.05 |
| BCSBarclays PLC | AddedHistory | 327,524317,243 | +10,281+3.2% | $6.77M$5.90M | +$212.5K | 0.7%0.7% | +0.04 |
| PRIMPrimoris Services Corp | AddedHistory | 48,9473,375 | +45,572+1,350.3% | $6.72M$263.0K | +$6.26M | 0.7%<0.1% | +0.70 |
| FFIVF5, Inc. | AddedHistory | 20,53418,413 | +2,121+11.5% | $6.64M$5.42M | +$685.5K | 0.7%0.6% | +0.08 |
| iShares Core MSCI Eafe ETF46432F842 | Reduced– | 74,87078,957 | −4,087−5.2% | $6.54M$6.59M | −$356.8K | 0.7%0.8% | −0.07 |
| CHKPCheck Point Software Technologies Ltd | ReducedHistory | 30,72532,088 | −1,363−4.2% | $6.36M$7.10M | −$282.0K | 0.7%0.8% | −0.15 |
| UBERUber Technologies, Inc | AddedHistory | 63,50861,335 | +2,173+3.5% | $6.22M$5.72M | +$212.9K | 0.7%0.7% | 0.00 |
| DISWalt Disney Co | AddedHistory | 53,75451,931 | +1,823+3.5% | $6.15M$6.44M | +$208.7K | 0.7%0.8% | −0.10 |
| THCTenet Healthcare Corp | AddedHistory | 29,87228,857 | +1,015+3.5% | $6.07M$5.08M | +$206.1K | 0.7%0.6% | +0.06 |
| FXYInvesco CurrencyShares Japanese Yen Trust | ReducedHistory | 93,481134,551 | −41,070−30.5% | $5.82M$8.60M | −$2.55M | 0.6%1.0% | −0.39 |
| VRSNVerisign Inc | AddedHistory | 20,42719,734 | +693+3.5% | $5.71M$5.70M | +$193.7K | 0.6%0.7% | −0.06 |
| LRNStride, Inc. | AddedHistory | 38,29336,993 | +1,300+3.5% | $5.70M$5.37M | +$193.6K | 0.6%0.6% | −0.02 |
| EQXEquinox Gold Corp. | ReducedHistory | 502,870505,518 | −2,648−0.5% | $5.64M$2.91M | −$29.7K | 0.6%0.3% | +0.27 |
| MGAMagna International Inc | AddedHistory | 116,27910,042 | +106,237+1,057.9% | $5.51M$387.7K | +$5.03M | 0.6%<0.1% | +0.56 |
| FTNTFortinet, Inc. | AddedHistory | 63,90161,736 | +2,165+3.5% | $5.37M$6.53M | +$182.0K | 0.6%0.8% | −0.19 |
| APTVAptiv PLC | NewHistory | 61,7130 | +61,713 | $5.32M$0 | +$5.32M | 0.6%0.0% | +0.58 |
| ERICEricsson LM Telephone Co | AddedHistory | 642,557602,678 | +39,879+6.6% | $5.31M$5.11M | +$329.8K | 0.6%0.6% | −0.03 |
| ALVAutoliv Inc | AddedHistory | 42,2392,976 | +39,263+1,319.3% | $5.22M$333.0K | +$4.85M | 0.6%<0.1% | +0.53 |
| EGOEldorado Gold Corp | AddedHistory | 174,370171,214 | +3,156+1.8% | $5.04M$3.48M | +$91.2K | 0.6%0.4% | +0.14 |
| VRTXVertex Pharmaceuticals Inc | NewHistory | 12,8430 | +12,843 | $5.03M$0 | +$5.03M | 0.6%0.0% | +0.55 |
| CARGCarGurus, Inc. | ReducedHistory | 131,359131,549 | −190−0.1% | $4.89M$4.40M | −$7.07K | 0.5%0.5% | +0.01 |
| HIGHartford Insurance Group, Inc. | AddedHistory | 36,14535,010 | +1,135+3.2% | $4.82M$4.44M | +$151.4K | 0.5%0.5% | 0.00 |
| PNCPNC Financial Services Group, Inc. | AddedHistory | 23,97923,140 | +839+3.6% | $4.82M$4.31M | +$168.6K | 0.5%0.5% | +0.01 |
| AMGNAmgen Inc | NewHistory | 17,0060 | +17,006 | $4.80M$0 | +$4.80M | 0.5%0.0% | +0.53 |
| iShares Core U.S. Aggregate Bond ETF464287226 | Reduced– | 47,77047,795 | −25−0.1% | $4.79M$4.74M | −$2.51K | 0.5%0.6% | −0.04 |
| RJFRaymond James Financial Inc | AddedHistory | 27,45526,616 | +839+3.2% | $4.74M$4.08M | +$144.8K | 0.5%0.5% | +0.03 |
| PAASPan American Silver Corp | ReducedHistory | 122,339123,572 | −1,233−1.0% | $4.74M$3.51M | −$47.8K | 0.5%0.4% | +0.10 |
| GILDGilead Sciences, Inc. | NewHistory | 42,6360 | +42,636 | $4.73M$0 | +$4.73M | 0.5%0.0% | +0.52 |
| DYDycom Industries Inc | AddedHistory | 16,07015,393 | +677+4.4% | $4.69M$3.76M | +$197.5K | 0.5%0.4% | +0.06 |
| UTIUniversal Technical Institute Inc | AddedHistory | 141,309136,521 | +4,788+3.5% | $4.60M$4.63M | +$155.8K | 0.5%0.6% | −0.05 |
| TRVTravelers Companies, Inc. | AddedHistory | 16,46615,907 | +559+3.5% | $4.60M$4.26M | +$156.1K | 0.5%0.5% | −0.01 |
| USBUS Bancorp DE | AddedHistory | 94,67991,347 | +3,332+3.6% | $4.58M$4.13M | +$161.0K | 0.5%0.5% | +0.01 |
| Vanguard Scottsdale FDS92206C714 | Reduced– | 50,81950,846 | −27−0.1% | $4.54M$4.33M | −$2.41K | 0.5%0.5% | −0.02 |
| FXEInvesco CurrencyShares Euro Trust | ReducedHistory | 41,70644,735 | −3,029−6.8% | $4.52M$4.87M | −$328.3K | 0.5%0.6% | −0.09 |
| PRDOPerdoceo Education Corp | AddedHistory | 119,33016,690 | +102,640+615.0% | $4.49M$545.6K | +$3.87M | 0.5%0.1% | +0.43 |
| SSNCSS&C Technologies Holdings Inc | AddedHistory | 50,38748,012 | +2,375+4.9% | $4.47M$3.98M | +$210.8K | 0.5%0.5% | +0.01 |
| SANMSanmina Corp | AddedHistory | 37,49236,208 | +1,284+3.5% | $4.32M$3.54M | +$147.8K | 0.5%0.4% | +0.05 |
| ALLAllstate Corp | AddedHistory | 19,75619,089 | +667+3.5% | $4.24M$3.84M | +$143.2K | 0.5%0.5% | 0.00 |
| FTDRFrontdoor, Inc. | ReducedHistory | 61,59465,531 | −3,937−6.0% | $4.14M$3.86M | −$264.9K | 0.5%0.5% | −0.01 |
| Invesco Exchange Traded FD T46137V381 | Added– | 68,40923,805 | +44,604+187.4% | $3.95M$1.27M | +$2.57M | 0.4%0.2% | +0.28 |
| EHCEncompass Health Corp | AddedHistory | 31,06430,016 | +1,048+3.5% | $3.95M$3.68M | +$133.1K | 0.4%0.4% | −0.01 |
| ProShares Tr74349Y837 | Added– | 124,115122,369 | +1,746+1.4% | $3.85M$4.12M | +$54.2K | 0.4%0.5% | −0.07 |
| UHSUniversal Health Services Inc | AddedHistory | 18,69818,069 | +629+3.5% | $3.82M$3.27M | +$128.6K | 0.4%0.4% | +0.03 |
| AIZAssurant, Inc. | AddedHistory | 17,37116,780 | +591+3.5% | $3.76M$3.31M | +$128.0K | 0.4%0.4% | +0.02 |
| PLXSPlexus Corp | AddedHistory | 25,97425,081 | +893+3.6% | $3.76M$3.39M | +$129.2K | 0.4%0.4% | +0.01 |
| MMSMaximus, Inc. | AddedHistory | 40,70738,595 | +2,112+5.5% | $3.72M$2.71M | +$193.0K | 0.4%0.3% | +0.08 |
| RCLRoyal Caribbean Cruises Ltd | AddedHistory | 11,14910,775 | +374+3.5% | $3.61M$3.37M | +$121.0K | 0.4%0.4% | −0.01 |
| EXPEExpedia Group, Inc. | AddedHistory | 16,80016,233 | +567+3.5% | $3.59M$2.74M | +$121.2K | 0.4%0.3% | +0.07 |
| MKLMarkel Group Inc. | AddedHistory | 1,8671,810 | +57+3.1% | $3.57M$3.62M | +$108.9K | 0.4%0.4% | −0.04 |
| ACMAecom | NewHistory | 26,2650 | +26,265 | $3.43M$0 | +$3.43M | 0.4%0.0% | +0.37 |
| REGNRegeneron Pharmaceuticals, Inc. | NewHistory | 6,0440 | +6,044 | $3.40M$0 | +$3.40M | 0.4%0.0% | +0.37 |
| LEALear Corp | AddedHistory | 33,5762,701 | +30,875+1,143.1% | $3.38M$256.5K | +$3.11M | 0.4%<0.1% | +0.34 |
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.