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LEUTHOLD GROUP, LLC

Q1 2025 · 13F-HR

LEUTHOLD GROUP, LLCholdings as filed

Filed 2025-05-13 · accession 0000897069-25-000974

$770.1M
Reported value
201
Positions
2025-03-31
Period end
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Holdings as filed

CUSIPTickerIssuerValue% port.SharesClassVoting
25460E869SPDNDirexion Daily S&P500 Bear 1X$22.0M2.86%1,899,136CommonSOLE
594918104MSFTMicrosoft Corp.$19.2M2.49%51,053CommonSOLE
78464A516BWXSPDR Bloomberg Barclays Intern$17.7M2.29%807,719CommonSOLE
30303M102METAMeta Platforms Inc. Class A$17.3M2.25%30,069CommonSOLE
74349Y837PSQProShares Short QQQ$13.8M1.80%340,862CommonSOLE
464287457SHYiShares 1-3 Year Treasury Bond$13.7M1.78%165,860CommonSOLE
64110L106NFLXNetflix Inc.$13.7M1.78%14,670CommonSOLE
74348A210RWMProShares Short Russell2000$13.2M1.71%634,887CommonSOLE
78464A375SPIBSPDR Intermediate Term Corpora$10.9M1.41%327,247CommonSOLE
872590104TMUST-Mobile US Inc$10.7M1.39%40,043CommonSOLE
58155Q103MCKMcKesson Corp.$10.6M1.38%15,740CommonSOLE
02079K305GOOGLAlphabet Inc. Cl A$10.6M1.38%68,498CommonSOLE
745867101PHMPulteGroup Inc.$9.9M1.29%96,752CommonSOLE
38141G104GSGoldman Sachs Group Inc.$9.6M1.25%17,652CommonSOLE
81369Y605XLFFinancial Select Sector SPDR F$9.6M1.24%192,476CommonSOLE
68389X105ORCLOracle Corp.$9.6M1.24%68,495CommonSOLE
47103U845JAAAJanus Detroit Street Trust Jan$9.2M1.20%181,978CommonSOLE
911363109URIUnited Rentals Inc.$8.7M1.13%13,905CommonSOLE
14149Y108CAHCardinal Health Inc.$8.5M1.11%61,954CommonSOLE
03073E105CORCencora Inc.$8.4M1.09%30,314CommonSOLE
57636Q104MAMastercard Inc. Cl A$8.4M1.09%15,346CommonSOLE
466313103JBLJabil Inc.$8.3M1.08%60,847CommonSOLE
23331A109DHID.R. Horton Inc.$8.1M1.05%63,884CommonSOLE
464287200IVViShares S&P 500 Fund$8.0M1.04%14,315CommonSOLE
617446448MSMorgan Stanley$8.0M1.04%68,662CommonSOLE
464288117IGOViShares International Treasury$8.0M1.03%201,951CommonSOLE
81369Y852XLCCommunication Services Select$7.9M1.02%81,414CommonSOLE
496902404KGCKinross Gold Corporation$7.7M1.01%613,891CommonSOLE
92826C839VVisa Inc.$7.7M1.00%22,062CommonSOLE
46625H100JPMJPMorgan Chase & Co.$7.7M1.00%31,398CommonSOLE
M22465104CHKPCheck Point Software Technolog$7.4M0.96%32,530CommonSOLE
81369Y803XLKTechnology Select Sector SPDR$7.3M0.94%35,157CommonSOLE
464288638IGIBiShares 5-10yr Investment Grad$7.2M0.93%136,656CommonSOLE
00206R102TAT&T Inc.$6.8M0.88%239,192CommonSOLE
Y2573F102FLEXFlex Ltd.$6.6M0.86%200,996CommonSOLE
060505104BACBank of America Corp.$6.6M0.86%158,678CommonSOLE
464287440IEFiShares 7-10 Year Treasury Bon$6.6M0.86%69,157CommonSOLE
82889N525MTBASimplify MBS ETF$6.2M0.81%123,933CommonSOLE
889478103TOLToll Brothers Inc.$6.2M0.81%58,731CommonSOLE
46138W107FXYInvesco CurrencyShares Japanes$6.2M0.80%100,651CommonSOLE
40412C101HCAHCA Healthcare Inc$6.2M0.80%17,852CommonSOLE
D18190898DBDeutsche Bank AG$6.1M0.79%255,844CommonSOLE
34959E109FTNTFortinet Inc.$6.0M0.78%62,729CommonSOLE
172967424CCitigroup Inc.$5.8M0.75%81,037CommonSOLE
464288588MBBiShares MBS ETF$5.7M0.74%60,708CommonSOLE
46432F842IEFAiShares Core MSCI EAFE ETF$5.7M0.74%74,909CommonSOLE
G87052109TELTE Connectivity Ltd.$5.6M0.72%39,396CommonSOLE
92343E102VRSNVeriSign Inc.$5.5M0.71%21,670CommonSOLE
92189H300EMLCVanEck Vectors J.P. Morgan EM$5.2M0.68%219,399CommonSOLE
254687106DISWalt Disney Co.$5.2M0.68%52,750CommonSOLE
450913108IAGIamgold Corporation$5.2M0.67%831,560CommonSOLE
17275R102CSCOCisco Systems Inc.$5.2M0.67%84,206CommonSOLE
008474108AEMAgnico-Eagle Mines Ltd.$5.2M0.67%47,580CommonSOLE
00737L103CVSAAdtalem Global Education Inc.$4.9M0.64%49,185CommonSOLE
06738E204BCSBarclays PLC ADR$4.9M0.64%321,802CommonSOLE
136069101CMCanadian Imperial Bank of Comm$4.8M0.62%84,598CommonSOLE
86333M108LRNStride, Inc.$4.8M0.62%37,568CommonSOLE
464287226AGGiShares Core Total U.S. Bond M$4.7M0.61%47,795CommonSOLE
55261F104MTBM&T Bank Corp.$4.7M0.61%26,106CommonSOLE
518613203LAURLaureate Education Inc$4.4M0.57%215,709CommonSOLE
88033G407THCTenet Healthcare Corporation$4.4M0.57%32,767CommonSOLE
416515104HIGHartford Insurance Group Inc.$4.4M0.57%35,558CommonSOLE
380237107GDDYGoDaddy, Inc. Class A$4.3M0.56%23,897CommonSOLE
89417E109TRVTravelers Companies, Inc.$4.3M0.55%16,122CommonSOLE
92206C714VONVVanguard Russell 1000 Value ET$4.2M0.54%50,846CommonSOLE
46138K103FXEInvesco CurrencyShares Euro Tr$4.2M0.54%41,906CommonSOLE
141788109CARGCarGurus, Inc. Class A$4.1M0.54%142,039CommonSOLE
78464A151IBNDSPDR Barclays International Co$4.0M0.53%137,278CommonSOLE
020002101ALLAllstate Corp.$4.0M0.52%19,398CommonSOLE
20030N101CMCSAComcast Corp. (Cl A)$4.0M0.52%107,909CommonSOLE
78467J100SSNCSS&C Technologies Holdings, In$4.0M0.51%47,432CommonSOLE
90138F102TWLOTwilio, Inc$3.9M0.51%40,159CommonSOLE
446150104HBANHuntington Bancshares Inc.$3.9M0.51%261,215CommonSOLE
913903100UHSUniversal Health Services Inc.$3.9M0.51%20,812CommonSOLE
G3922B107GGenpact Ltd.$3.9M0.51%77,271CommonSOLE
654902204NOKNokia Corp. (ADR)$3.9M0.50%735,579CommonSOLE
00971T101AKAMAkamai Technologies Inc.$3.9M0.50%48,050CommonSOLE
174610105CFGCitizens Financial Group, Inc.$3.8M0.49%92,120CommonSOLE
754730109RJFRaymond James Financial Inc$3.8M0.49%27,008CommonSOLE
57667L107MTCHMatch Group, Inc.$3.7M0.48%118,580CommonSOLE
58933Y105MRKMerck & Co. Inc.$3.7M0.48%40,970CommonSOLE
04621X108AIZAssurant Inc.$3.6M0.47%17,085CommonSOLE
913915104UTIUniversal Technical Institute$3.6M0.46%138,616CommonSOLE
29446Y502EQXEquinox Gold Corp.$3.5M0.46%513,459CommonSOLE
86272C103STRAStrategic Education, Inc.$3.5M0.46%41,764CommonSOLE
570535104MKLMarkel Group Inc.$3.5M0.45%1,854CommonSOLE
G0450A105ACGLArch Capital Group Ltd.$3.4M0.45%35,650CommonSOLE
70450Y103PYPLPayPal Holdings, Inc.$3.4M0.44%52,444CommonSOLE
315616102FFIVF5 Networks Inc.$3.4M0.44%12,814CommonSOLE
679295105OKTAOkta, Inc. Class A$3.4M0.44%32,215CommonSOLE
680033107ONBOld National Bancorp$3.3M0.43%155,001CommonSOLE
697900108PAASPan American Silver Corp.$3.2M0.42%125,486CommonSOLE
84857L101SRSpire Inc.$3.2M0.41%40,472CommonSOLE
20602D101CNXCConcentrix Corporation$3.1M0.41%56,540CommonSOLE
68235P108OGSONE Gas Inc.$3.1M0.41%41,548CommonSOLE
294821608ERICTelefonaktiebolaget LM Ericsso$3.1M0.41%404,152CommonSOLE
902681105UGIUGI Corp.$3.1M0.40%93,388CommonSOLE
29261A100EHCEncompass Health Corporation$3.1M0.40%30,466CommonSOLE
552690109MDUMDU Resources Group, Inc.$3.1M0.40%182,096CommonSOLE
646025106NJRNew Jersey Resources Corp.$3.1M0.40%62,718CommonSOLE
53190C102LTHLife Time Group Holdings, Inc.$3.0M0.39%100,349CommonSOLE
929089100VOYAVoya Financial, Inc.$3.0M0.39%44,722CommonSOLE
92343V104VZVerizon Communications Inc.$3.0M0.39%66,527CommonSOLE
74758T303QLYSQualys, Inc.$3.0M0.39%23,808CommonSOLE
284902509EGOEldorado Gold Corp.$2.9M0.38%173,900CommonSOLE
928254101VIRTVirtu Financial, Inc. Class A$2.9M0.38%76,054CommonSOLE
316773100FITBFifth Third Bancorp$2.8M0.37%71,861CommonSOLE
30212P303EXPEExpedia Group, Inc.$2.8M0.36%16,449CommonSOLE
197236102COLBColumbia Banking System Inc$2.8M0.36%110,687CommonSOLE
37940X102GPNGlobal Payments Inc.$2.7M0.35%27,642CommonSOLE
16119P108CHTRCharter Communications Inc. Cl$2.7M0.35%7,313CommonSOLE
25402D102DOCNDigitalOcean Holdings, Inc.$2.7M0.35%80,679CommonSOLE
31946M103FCNCAFirst Citizens Bancshares Inc.$2.7M0.35%1,444CommonSOLE
577933104MMSMaximus Inc.$2.6M0.34%37,838CommonSOLE
126349109CSNCSG Systems International Inc.$2.6M0.33%42,579CommonSOLE
G98196101W9N0WNS (Holdings) Limited Sponsor$2.5M0.33%40,841CommonSOLE
44891N208IACIAC Inc.$2.5M0.33%54,596CommonSOLE
81282V100PRKSUnited Parks & Resorts, Inc.$2.5M0.32%54,924CommonSOLE
894164102TNLTravel Leisure Co.$2.5M0.32%53,710CommonSOLE
81369Y209XLVHealth Care Select Sector SPDR$2.4M0.32%16,678CommonSOLE
410867105THGThe Hanover Insurance Group In$2.4M0.31%13,934CommonSOLE
12740C103CADECadence Bank$2.4M0.31%78,241CommonSOLE
72352L106PINSPinterest, Inc. Class A$2.3M0.30%74,310CommonSOLE
G9618E107WTMWhite Mountains Insurance Grou$2.3M0.30%1,188CommonSOLE
448579102HHyatt Hotels Corp.$2.3M0.29%18,439CommonSOLE
V7780T103RCLRoyal Caribbean Cruises Ltd$2.2M0.29%10,924CommonSOLE
488401100KMPRKemper Corporation$2.2M0.29%33,345CommonSOLE
M98068105WIXWix.com Ltd.$2.2M0.29%13,613CommonSOLE
143658300CCL1EURCarnival Corp.$2.2M0.29%113,080CommonSOLE
G50871105JAZZJazz Pharmaceuticals PLC$2.2M0.28%17,467CommonSOLE
G66721104NCLHNorwegian Cruise Line Holdings$2.1M0.27%108,728CommonSOLE
92189F106GDXVanEck Gold Miners ETF$1.9M0.25%42,344CommonSOLE
852234103XYZBlock, Inc. Class A$1.9M0.25%35,183CommonSOLE
46434G764EMXCiShares MSCI Emerging Markets$1.8M0.24%33,050CommonSOLE
464287515IGViShares Expanded Tech-Software$1.8M0.23%20,290CommonSOLE
20603L102CONConcentra Group Holdings Paren$1.5M0.20%70,634CommonSOLE
464288828IHFiShares U.S. Healthcare Provid$1.5M0.19%28,117CommonSOLE
81619Q105SEMSelect Medical Holdings Corpor$1.5M0.19%87,542CommonSOLE
253798102DGIIDigi International Inc.$1.4M0.18%49,611CommonSOLE
464288752ITBiShares DJ US Home Constructio$1.3M0.17%13,797CommonSOLE
81369Y886XLUUtilities Select Sector SPDR F$1.2M0.16%15,282CommonSOLE
922020805VTIPVanguard Short-Term Inflation-$1.2M0.15%23,493CommonSOLE
46137V381RSPDInvesco S&P 500 Equal Weight C$1.2M0.15%23,186CommonSOLE
464287713IYZiShares U.S. Telecommunication$1.1M0.15%40,936CommonSOLE
26922A842JETSU.S. Global Jets ETF$1.1M0.14%52,081CommonSOLE
464288786IAKiShares U.S. Insurance ETF$981,0690.13%7,119CommonSOLE
92206C409VCSHVanguard Short-Term Corporate$899,6000.12%11,396CommonSOLE
81369Y704XLIIndustrial Select Sector SPDR$863,4890.11%6,588CommonSOLE
003261104BCIAberdeen Standard Bloomberg Al$785,6290.10%36,609CommonSOLE
78464A698KRESPDR S&P Regional Banking ETF$753,9450.10%13,262CommonSOLE
92206C102VGSHVanguard Short-Term Treasury E$731,6300.10%12,466CommonSOLE
G3223R108EGEverest Group Ltd.$684,1500.09%1,883CommonSOLE
337738108FISVFiserv Inc.$585,2000.08%2,650CommonSOLE
47215P106JDJD.com, Inc. Sponsored ADR Cla$580,7380.08%14,123CommonSOLE
46138E628KBWBInvesco KBW Bank ETF$562,6080.07%8,963CommonSOLE
78464A771KCESPDR S&P Capital Markets ETF$542,2790.07%4,298CommonSOLE
79466L302CRMSalesforce.com Inc.$541,0140.07%2,016CommonSOLE
601137102MRPMillrose Properties Inc$502,3650.07%18,950CommonSOLE
278642103EBAYeBay Inc.$499,2380.06%7,371CommonSOLE
680223104ORIOld Republic International Cor$462,8350.06%11,801CommonSOLE
G0692U109AXSAxis Capital Holdings Ltd$462,0060.06%4,609CommonSOLE
05964H105SANBanco Santander S.A. ADR$461,6300.06%68,900CommonSOLE
60687Y109MFGMizuho Financial Group Inc. AD$452,0290.06%82,038CommonSOLE
92857W308VODVodafone Group PLC ADS$438,2260.06%46,769CommonSOLE
45867G101IDCCInterDigital Inc.$428,1790.06%2,071CommonSOLE
256163106DOCUDocuSign, Inc.$422,3030.05%5,188CommonSOLE
26210C104DBXDropbox, Inc. Class A$414,3520.05%15,513CommonSOLE
82509L107SHOPShopify, Inc. Class A$407,4130.05%4,267CommonSOLE
722304102PDDPDD Holdings Inc. Sponsored AD$405,2300.05%3,424CommonSOLE
37045V100GMGeneral Motors Co.$396,7450.05%8,436CommonSOLE
98980L101ZNGAZoom Communications, Inc. Clas$393,0470.05%5,328CommonSOLE
92189F692PPHVanEck Vectors Pharmaceutical$392,1320.05%4,303CommonSOLE
247361702DALDelta Air Lines Inc.$391,0480.05%8,969CommonSOLE
004498101ACIWACI Worldwide Inc$389,7540.05%7,124CommonSOLE
00090Q103ADTADT, Inc.$384,7700.05%47,269CommonSOLE
18467V109YOUClear Secure, Inc. Class A$380,9550.05%14,703CommonSOLE
H42097107UBSUBS Group AG (new)$377,4530.05%12,323CommonSOLE
871607107SNPSSynopsys Inc$377,3880.05%880CommonSOLE
093671105HRBH&R Block, Inc.$368,8850.05%6,718CommonSOLE
540424108LLoews Corp.$367,4560.05%3,998CommonSOLE
384637104GHCGraham Holdings Co.$352,6360.05%367CommonSOLE
949746101WMT2Wells Fargo & Co.$337,5570.04%4,702CommonSOLE
31620M106FISFidelity National Information$323,7380.04%4,335CommonSOLE
655664100JWNUSDNordstrom Inc.$323,4980.04%13,231CommonSOLE
81369Y407XLYConsumer Discretionary Select$317,1210.04%1,606CommonSOLE
40051E202ASRGrupo Aeroportuario del Surest$305,8570.04%1,117CommonSOLE
45841N107IBKRInteractive Brokers Group Inc.$293,9220.04%1,775CommonSOLE
056752108BIDUBaidu Inc. ADS$289,0660.04%3,141CommonSOLE
P31076105CPACopa Holdings S.A. Cl A$279,5070.04%3,023CommonSOLE
71363P106PRDOPerdoceo Education Corporation$262,4760.03%10,424CommonSOLE
46429B291QLTAiShares Aaa-A Rated Corporate$260,7020.03%5,485CommonSOLE
200340107CMAComerica Inc.$258,9780.03%4,385CommonSOLE
56167R705LSTLeuthold Select Industries ET$254,8330.03%7,846CommonSOLE
635906100NHCNational HealthCare Corporatio$254,2720.03%2,740CommonSOLE
H1467J104CBChubb Limited$247,3300.03%819CommonSOLE
254067101DDSDillard's Inc. Cl A$243,1700.03%679CommonSOLE
35905A109FTDRFrontdoor, Inc.$233,4400.03%6,076CommonSOLE
298736109EEFTEuronet Worldwide Inc.$226,3080.03%2,118CommonSOLE
68373M107OPRAOpera Limited Sponsored ADR$220,2110.03%13,815CommonSOLE
464288653TLHiShares 10-20 Year Treasury Bo$214,1400.03%2,064CommonSOLE
70451X104PAYOPayoneer Global, Inc.$160,4030.02%21,943CommonSOLE

Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.