Leuthold Group, LLC

13F filer · CIK 0001170152

Reported Aug 4, 2026

Net seller this quarter

13F portfolio value$995MU.S. long equity reported on 13F

Positions18326 new · 8 closed

Net flow last quarter-$48.8MBuys minus sells

Top 10 positions weight15.8%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Aug 4, 2026183 positions
GOOGLAlphabet Inc.	$22.8M	2.29%	0.00%	-3.8%	Q3 2016
FLEXFlex Ltd.	$19.9M	2.00%	0.03%	-38.6%	Q3 2013
MSFTMicrosoft Corp	$17.4M	1.75%	0.00%	-3.2%	Q2 2013
CSCOCisco Systems, Inc.	$16.9M	1.70%	0.00%	-8.7%	Q2 2013
JBLJabil Inc	$15.6M	1.57%	0.04%	-31.4%	Q2 2013
CAHCardinal Health Inc	$14.5M	1.46%	0.03%	-5.2%	Q3 2013
NVDANvidia Corp	$13.7M	1.38%	0.00%	+51.2%	Q2 2013
DELLDell Technologies Inc.	$13M	1.31%	0.00%	-11.5%	Q1 2021
GTXGarrett Motion Inc.	$11.7M	1.17%	0.17%	-5.5%	Q3 2025
MCKMckesson Corp	$11.6M	1.17%	0.01%	-5.0%	Q3 2013
FDXFedex Corp	$11.5M	1.16%	0.02%	-4.2%	Q2 2013
CCitigroup Inc	$11.3M	1.13%	0.00%	-5.2%	Q2 2013
UPSUnited Parcel Service Inc	$11.2M	1.12%	0.01%	-4.3%	Q3 2022
AMDAdvanced Micro Devices Inc	$10.8M	1.08%	0.00%	+136.7%	Q1 2026
METAMeta Platforms, Inc.	$10.8M	1.08%	Not reported	-5.1%	Q1 2019
KGCKinross Gold Corp	$10.3M	1.04%	0.04%	-4.3%	Q2 2020
JPMJPMorgan Chase & Co	$10.2M	1.02%	0.00%	-5.0%	Q2 2013
CMCanadian Imperial Bank of Commerce	$9.58M	0.96%	0.01%	-4.9%	Q2 2024
MGAMagna International Inc	$9.32M	0.94%	0.05%	-4.9%	Q2 2013
SANMSanmina Corp	$9.21M	0.93%	0.07%	-5.1%	Q2 2013
HCAHCA Healthcare, Inc.	$8.97M	0.90%	0.01%	+27.4%	Q2 2013
BACBank of America Corp	$8.92M	0.90%	0.00%	-5.2%	Q2 2013
IAGIamgold Corp	$8.85M	0.89%	0.09%	-3.8%	Q3 2024
ERICEricsson LM Telephone Co	$8.56M	0.86%	Not reported	-5.4%	Q1 2021
LRCXLam Research Corp	$8.54M	0.86%	0.00%	-5.1%	Q1 2015
BCSBarclays PLC	$8.51M	0.86%	0.00%	-4.8%	Q4 2021
DVNDevon Energy Corp	$8.44M	0.85%	0.03%	+1297.9%	Q1 2026
FFIVF5, Inc.	$8.42M	0.85%	0.04%	-5.6%	Q2 2019
CORCencora, Inc.	$8.39M	0.84%	0.02%	-5.2%	Q3 2013
DYDycom Industries Inc	$7.95M	0.80%	0.05%	-6.1%	Q2 2025
JNJJohnson & Johnson	$7.89M	0.79%	0.00%	-5.0%	Q3 2022
VRTXVertex Pharmaceuticals Inc / Ma	$7.77M	0.78%	0.01%	-5.0%	Q3 2025
NTCTNetscout Systems Inc	$7.57M	0.76%	0.24%	-5.0%	Q3 2025
PLXSPlexus Corp	$7.53M	0.76%	0.09%	-5.2%	Q1 2014
AMGNAmgen Inc	$7.43M	0.75%	0.00%	-5.0%	Q4 2014
EMEEMCOR Group, Inc.	$7.22M	0.73%	0.02%	-5.1%	Q4 2015
LAURLaureate Education, Inc.	$7.14M	0.72%	0.14%	-5.2%	Q1 2025
GVAGranite Construction Inc	$6.86M	0.69%	0.10%	-4.8%	Q3 2025
BIIBBiogen Inc.	$6.8M	0.68%	0.02%	-5.0%	Q2 2013
GILDGilead Sciences, Inc.	$6.7M	0.67%	0.00%	-5.5%	Q2 2013
ELVElevance Health, Inc.	$6.69M	0.67%	0.01%	Not reported	Q4 2014
VMIValmont Industries Inc	$6.43M	0.65%	0.06%	-4.2%	Q2 2013
MAMastercard Inc	$6.32M	0.63%	0.00%	-0.2%	Q2 2013
LEALear Corp	$6.15M	0.62%	0.09%	-4.9%	Q2 2013
MRKMerck & Co., Inc.	$6.14M	0.62%	0.00%	-5.2%	Q2 2013
ALVAutoliv Inc	$6.12M	0.62%	0.07%	-4.9%	Q2 2025
TELTE Connectivity plc	$6.11M	0.61%	0.01%	-26.1%	Q3 2013
SLBSLB Limited	$5.93M	0.60%	0.01%	-5.2%	Q3 2023
THCTenet Healthcare Corp	$5.93M	0.60%	0.04%	-4.7%	Q3 2018
UTIUniversal Technical Institute Inc	$5.84M	0.59%	0.25%	-5.2%	Q1 2025

Q1 2026Reported May 6, 2026164 positions
GOOGLAlphabet Inc.	$19.1M	2.03%	0.00%	-1.8%	Q3 2016
MSFTMicrosoft Corp	$17.8M	1.90%	0.00%	-5.0%	Q2 2013
JBLJabil Inc	$15.7M	1.67%	0.06%	-5.4%	Q2 2013
GSGoldman Sachs Group Inc	$15.5M	1.65%	0.01%	+1.3%	Q2 2013
MCKMckesson Corp	$14M	1.49%	0.01%	+0.9%	Q3 2013
KGCKinross Gold Corp	$14M	1.49%	0.04%	-3.9%	Q2 2020
FDXFedex Corp	$13.7M	1.46%	0.02%	+2.0%	Q2 2013
CAHCardinal Health Inc	$13.6M	1.45%	0.03%	+1.6%	Q3 2013
FLEXFlex Ltd.	$13.1M	1.40%	0.05%	-2.5%	Q3 2013
CSCOCisco Systems, Inc.	$12.2M	1.30%	0.00%	+1.7%	Q2 2013
MSMorgan Stanley	$11.7M	1.24%	0.00%	+1.4%	Q4 2016
METAMeta Platforms, Inc.	$11.5M	1.23%	Not reported	+0.8%	Q1 2019
IAGIamgold Corp	$10.9M	1.16%	0.10%	-5.4%	Q3 2024
UPSUnited Parcel Service Inc	$10.7M	1.14%	0.02%	+2.1%	Q3 2022
CORCencora, Inc.	$9.82M	1.05%	0.02%	+1.2%	Q3 2013
CCitigroup Inc	$9.64M	1.03%	0.00%	+2.0%	Q2 2013
JPMJPMorgan Chase & Co	$9.63M	1.03%	0.00%	+1.7%	Q2 2013
ERICEricsson LM Telephone Co	$9.14M	0.97%	Not reported	+2.1%	Q1 2021
TELTE Connectivity plc	$8.57M	0.91%	0.01%	+1.6%	Q3 2013
HCAHCA Healthcare, Inc.	$8.54M	0.91%	0.01%	+0.7%	Q2 2013
MGAMagna International Inc	$8.33M	0.89%	0.05%	+1.4%	Q2 2013
CMCanadian Imperial Bank of Commerce	$8.31M	0.88%	0.01%	+1.4%	Q2 2024
BACBank of America Corp	$8.05M	0.86%	0.00%	+1.7%	Q2 2013
JNJJohnson & Johnson	$8M	0.85%	0.00%	+2.4%	Q3 2022
NVDANvidia Corp	$7.91M	0.84%	0.00%	Not reported	Q2 2013
DBDeutsche Bank Aktiengesellschaft	$7.88M	0.84%	0.01%	+1.3%	Q2 2024
GILDGilead Sciences, Inc.	$7.82M	0.83%	0.00%	+1.9%	Q2 2013
AMGNAmgen Inc	$7.6M	0.81%	0.00%	+0.9%	Q4 2014
REGNRegeneron Pharmaceuticals, Inc.	$7.56M	0.80%	0.01%	+3.6%	Q3 2018
VRTXVertex Pharmaceuticals Inc / Ma	$7.35M	0.78%	0.01%	+0.3%	Q3 2025
PRIMPrimoris Services Corp	$7.28M	0.78%	0.09%	+2.9%	Q2 2025
LAURLaureate Education, Inc.	$7.22M	0.77%	0.15%	+1.6%	Q1 2025
BCSBarclays PLC	$7.05M	0.75%	0.00%	+1.4%	Q4 2021
SLBSLB Limited	$6.91M	0.74%	0.01%	+2.0%	Q3 2023
EMEEMCOR Group, Inc.	$6.77M	0.72%	0.02%	+3.4%	Q4 2015
BKRBaker Hughes Co	$6.5M	0.69%	0.01%	+761.4%	Q3 2023
UTHRUNITED THERAPEUTICS Corp	$6.37M	0.68%	0.03%	+0.6%	Q2 2013
THCTenet Healthcare Corp	$6.27M	0.67%	0.04%	+1.4%	Q3 2018
BMYBristol Myers Squibb Co	$6.26M	0.67%	0.01%	+2.2%	Q4 2019
AEMAgnico Eagle Mines Ltd	$6.23M	0.66%	0.01%	+2.1%	Q2 2020
FFIVF5, Inc.	$6.21M	0.66%	0.04%	+3.6%	Q2 2019
GTXGarrett Motion Inc.	$6.2M	0.66%	0.18%	+2.4%	Q3 2025
MAMastercard Inc	$6.16M	0.66%	0.00%	-21.1%	Q2 2013
BIIBBiogen Inc.	$6.08M	0.65%	0.02%	+1.7%	Q2 2013
MRKMerck & Co., Inc.	$6.06M	0.65%	0.00%	+2.3%	Q2 2013
EGOEldorado Gold Corp	$5.98M	0.64%	0.09%	-0.2%	Q4 2024
LEALear Corp	$5.84M	0.62%	0.10%	+1.5%	Q2 2013
ALVAutoliv Inc	$5.83M	0.62%	0.07%	+1.5%	Q2 2025
NTCTNetscout Systems Inc	$5.81M	0.62%	0.26%	+1.6%	Q3 2025
APTVAptiv PLC	$5.71M	0.61%	0.04%	+1.5%	Q3 2025

Q4 2025Reported Feb 5, 2026158 positions
MSFTMicrosoft Corp	$24.5M	2.65%	0.00%	-2.6%	Q2 2013
GOOGLAlphabet Inc.	$21.2M	2.28%	0.00%	-3.2%	Q3 2016
GSGoldman Sachs Group Inc	$15.9M	1.72%	0.01%	+0.7%	Q2 2013
JBLJabil Inc	$14.2M	1.53%	0.06%	+0.5%	Q2 2013
KGCKinross Gold Corp	$13.4M	1.45%	0.04%	-21.9%	Q2 2020
METAMeta Platforms, Inc.	$13.2M	1.42%	Not reported	-34.7%	Q1 2019
MCKMckesson Corp	$13.1M	1.42%	0.01%	+0.1%	Q3 2013
CAHCardinal Health Inc	$13M	1.41%	0.03%	+0.4%	Q3 2013
MSMorgan Stanley	$12.4M	1.34%	0.00%	+0.2%	Q4 2016
FLEXFlex Ltd.	$12.4M	1.34%	0.06%	+0.3%	Q3 2013
CSCOCisco Systems, Inc.	$11.9M	1.29%	0.00%	+13.8%	Q2 2013
FDXFedex Corp	$10.9M	1.18%	0.02%	Not reported	Q2 2013
UPSUnited Parcel Service Inc	$10.5M	1.14%	0.01%	Not reported	Q3 2022
CORCencora, Inc.	$10.4M	1.13%	0.02%	0.0%	Q3 2013
JPMJPMorgan Chase & Co	$10.4M	1.12%	0.00%	+0.7%	Q2 2013
IAGIamgold Corp	$10.1M	1.09%	0.10%	-25.4%	Q3 2024
DBDeutsche Bank Aktiengesellschaft	$10.1M	1.09%	0.01%	+0.3%	Q2 2024
CCitigroup Inc	$9.72M	1.05%	0.00%	+0.4%	Q2 2013
UNHUnitedhealth Group Inc	$9.29M	1.00%	0.00%	Not reported	Q2 2013
TELTE Connectivity plc	$9.18M	0.99%	0.01%	+0.5%	Q3 2013
BACBank of America Corp	$8.93M	0.96%	0.00%	+0.3%	Q2 2013
MAMastercard Inc	$8.92M	0.96%	0.00%	-0.1%	Q2 2013
HCAHCA Healthcare, Inc.	$8.37M	0.90%	0.01%	+11.0%	Q2 2013
BCSBarclays PLC	$8.36M	0.90%	0.00%	+0.3%	Q4 2021
ELVElevance Health, Inc.	$7.9M	0.85%	0.01%	Not reported	Q4 2014
MGAMagna International Inc	$7.84M	0.85%	0.05%	+26.6%	Q2 2013
CMCanadian Imperial Bank of Commerce	$7.83M	0.85%	0.01%	+0.3%	Q2 2024
ERICEricsson LM Telephone Co	$7.67M	0.83%	Not reported	+23.7%	Q1 2021
VRTXVertex Pharmaceuticals Inc / Ma	$7.44M	0.80%	0.01%	+27.8%	Q3 2025
VVisa Inc.	$7.32M	0.79%	0.00%	+0.5%	Q2 2013
REGNRegeneron Pharmaceuticals, Inc.	$7.29M	0.79%	0.01%	+56.2%	Q3 2018
AMGNAmgen Inc	$7.01M	0.76%	0.00%	+25.9%	Q4 2014
LAURLaureate Education, Inc.	$6.87M	0.74%	0.14%	-7.0%	Q1 2025
GILDGilead Sciences, Inc.	$6.76M	0.73%	0.00%	+29.1%	Q2 2013
JNJJohnson & Johnson	$6.61M	0.71%	0.00%	Not reported	Q3 2022
THCTenet Healthcare Corp	$6.51M	0.70%	0.04%	+9.8%	Q3 2018
ALVAutoliv Inc	$6.48M	0.70%	0.07%	+29.2%	Q2 2025
EGOEldorado Gold Corp	$6.27M	0.68%	0.09%	+0.1%	Q4 2024
APTVAptiv PLC	$6.16M	0.67%	0.04%	+31.3%	Q3 2025
PRIMPrimoris Services Corp	$6.14M	0.66%	0.09%	+1.1%	Q2 2025
GTXGarrett Motion Inc.	$5.81M	0.63%	0.17%	+36.3%	Q3 2025
BIIBBiogen Inc.	$5.74M	0.62%	0.02%	+38.6%	Q2 2013
SANMSanmina Corp	$5.65M	0.61%	0.07%	+0.5%	Q2 2013
DYDycom Industries Inc	$5.45M	0.59%	0.06%	+0.4%	Q2 2025
CRHCRH Public Ltd Co	$5.45M	0.59%	0.01%	Not reported	Q3 2019
BMYBristol Myers Squibb Co	$5.45M	0.59%	0.01%	Not reported	Q4 2019
LEALear Corp	$5.44M	0.59%	0.09%	+41.5%	Q2 2013
EMEEMCOR Group, Inc.	$5.43M	0.59%	0.02%	Not reported	Q4 2015
FXYInvesco CurrencyShares Japanese Yen Trust	$5.41M	0.58%	1.05%	-1.5%	Q2 2018
FFIVF5, Inc.	$5.29M	0.57%	0.04%	+0.9%	Q2 2019

Q3 2025Reported Nov 6, 2025159 positions
MSFTMicrosoft Corp	$27M	2.95%	0.00%	+3.5%	Q2 2013
METAMeta Platforms, Inc.	$22.5M	2.46%	Not reported	+3.5%	Q1 2019
ORCLOracle Corp	$19.1M	2.08%	0.00%	+0.6%	Q2 2013
NFLXNetflix Inc	$17.9M	1.96%	0.00%	+3.5%	Q1 2023
GOOGLAlphabet Inc.	$17M	1.86%	0.00%	+3.5%	Q3 2016
KGCKinross Gold Corp	$15.2M	1.66%	0.05%	+0.9%	Q2 2020
GSGoldman Sachs Group Inc	$14.3M	1.56%	0.01%	+3.3%	Q2 2013
JBLJabil Inc	$13.5M	1.47%	0.06%	+3.5%	Q2 2013
MCKMckesson Corp	$12.4M	1.35%	0.01%	+3.5%	Q3 2013
URIUnited Rentals, Inc.	$12.3M	1.34%	0.02%	-0.1%	Q1 2016
FLEXFlex Ltd.	$11.9M	1.30%	0.06%	+3.5%	Q3 2013
PHMPultegroup Inc	$11.8M	1.29%	0.05%	-0.2%	Q3 2015
MSMorgan Stanley	$11.1M	1.22%	0.00%	+3.3%	Q4 2016
IAGIamgold Corp	$10.6M	1.16%	0.14%	+0.5%	Q3 2024
JPMJPMorgan Chase & Co	$10.1M	1.10%	0.00%	+3.5%	Q2 2013
DHIHorton D R Inc	$9.97M	1.09%	0.02%	-0.2%	Q3 2015
CAHCardinal Health Inc	$9.92M	1.09%	0.03%	+3.5%	Q3 2013
TMUST-Mobile US, Inc.	$9.76M	1.07%	0.00%	+3.2%	Q2 2013
CORCencora, Inc.	$9.66M	1.06%	0.02%	+3.5%	Q3 2013
CSCOCisco Systems, Inc.	$9.31M	1.02%	0.00%	+10.2%	Q2 2013
DBDeutsche Bank Aktiengesellschaft	$9.22M	1.01%	0.01%	+3.2%	Q2 2024
MAMastercard Inc	$8.89M	0.97%	0.00%	+3.5%	Q2 2013
TELTE Connectivity plc	$8.82M	0.96%	0.01%	+3.5%	Q3 2013
CCitigroup Inc	$8.42M	0.92%	0.00%	+3.6%	Q2 2013
BACBank of America Corp	$8.34M	0.91%	0.00%	+3.5%	Q2 2013
AEMAgnico Eagle Mines Ltd	$7.89M	0.86%	0.01%	+0.1%	Q2 2020
CVSACovista Inc.	$7.73M	0.85%	0.14%	+3.3%	Q2 2017
TOLToll Brothers, Inc.	$7.47M	0.82%	0.06%	-0.2%	Q2 2017
VVisa Inc.	$7.09M	0.78%	0.00%	+3.5%	Q2 2013
LAURLaureate Education, Inc.	$6.92M	0.76%	0.15%	+3.2%	Q1 2025
HCAHCA Healthcare, Inc.	$6.89M	0.75%	0.01%	+3.5%	Q2 2013
TAt&T Inc.	$6.88M	0.75%	0.00%	+3.5%	Q2 2019
CMCanadian Imperial Bank of Commerce	$6.88M	0.75%	0.01%	+3.3%	Q2 2024
BCSBarclays PLC	$6.77M	0.74%	0.00%	+3.2%	Q4 2021
PRIMPrimoris Services Corp	$6.72M	0.74%	0.09%	+1350.3%	Q2 2025
FFIVF5, Inc.	$6.64M	0.73%	0.04%	+11.5%	Q2 2019
CHKPCheck Point Software Technologies Ltd	$6.36M	0.70%	0.03%	-4.3%	Q1 2014
UBERUber Technologies, Inc	$6.22M	0.68%	0.00%	+3.5%	Q2 2025
DISWalt Disney Co	$6.15M	0.67%	0.00%	+3.5%	Q2 2013
THCTenet Healthcare Corp	$6.07M	0.66%	0.03%	+3.5%	Q3 2018
FXYInvesco CurrencyShares Japanese Yen Trust	$5.82M	0.64%	1.07%	-30.5%	Q2 2018
VRSNVerisign Inc	$5.71M	0.62%	0.02%	+3.5%	Q2 2023
LRNStride, Inc.	$5.7M	0.62%	0.09%	+3.5%	Q4 2024
EQXEquinox Gold Corp.	$5.64M	0.62%	0.11%	-0.5%	Q4 2024
MGAMagna International Inc	$5.51M	0.60%	0.04%	+1057.9%	Q2 2013
FTNTFortinet, Inc.	$5.37M	0.59%	0.01%	+3.5%	Q1 2019
APTVAptiv PLC	$5.32M	0.58%	0.03%	New	Q3 2025
ERICEricsson LM Telephone Co	$5.31M	0.58%	Not reported	+6.6%	Q1 2021
ALVAutoliv Inc	$5.22M	0.57%	0.06%	+1319.3%	Q2 2025
EGOEldorado Gold Corp	$5.04M	0.55%	0.09%	+1.8%	Q4 2024

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