Q3 2025 · 13F-HR
LEUTHOLD GROUP, LLCholdings as filed
Filed 2025-11-06 · accession 0000897069-25-001644
$914.0M
Reported value
205
Positions
2025-09-30
Period end
The Brief · LEUTHOLD GROUP, LLC · Q3 2025
AI · grounded in 13F
LEUTHOLD GROUP, LLC established a new position in MSFT valued at $26.95M. The fund also initiated new stakes in META for $22.47M and BWX for $19.27M. Additional new positions include ORCL, NFLX, and GOOGL.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 594918104 | MSFT | Microsoft Corp. | $27.0M | 2.95% | 52,037 | Common | SOLE |
| 30303M102 | META | Meta Platforms Inc. Class A | $22.5M | 2.46% | 30,592 | Common | SOLE |
| 78464A516 | BWX | SPDR Bloomberg Barclays Intern | $19.3M | 2.11% | 838,032 | Common | SOLE |
| 68389X105 | ORCL | Oracle Corp. | $19.1M | 2.08% | 67,756 | Common | SOLE |
| 64110L106 | NFLX | Netflix Inc. | $17.9M | 1.96% | 14,948 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc. Cl A | $17.0M | 1.86% | 69,857 | Common | SOLE |
| 25460E869 | SPDN | Direxion Daily S&P500 Bear 1X | $16.7M | 1.83% | 1,738,823 | Common | SOLE |
| 496902404 | KGC | Kinross Gold Corporation | $15.2M | 1.66% | 609,931 | Common | SOLE |
| 38141G104 | GS | Goldman Sachs Group Inc. | $14.3M | 1.56% | 17,953 | Common | SOLE |
| 78464A375 | SPIB | SPDR Intermediate Term Corpora | $14.2M | 1.56% | 420,225 | Common | SOLE |
| 466313103 | JBL | Jabil Inc. | $13.5M | 1.47% | 62,003 | Common | SOLE |
| 464287457 | SHY | iShares 1-3 Year Treasury Bond | $13.3M | 1.46% | 160,399 | Common | SOLE |
| 58155Q103 | MCK | McKesson Corp. | $12.4M | 1.35% | 15,998 | Common | SOLE |
| 911363109 | URI | United Rentals Inc. | $12.3M | 1.34% | 12,865 | Common | SOLE |
| Y2573F102 | FLEX | Flex Ltd. | $11.9M | 1.30% | 204,860 | Common | SOLE |
| 745867101 | PHM | PulteGroup Inc. | $11.8M | 1.29% | 89,134 | Common | SOLE |
| 617446448 | MS | Morgan Stanley | $11.1M | 1.22% | 69,864 | Common | SOLE |
| 922020805 | VTIP | Vanguard Short-Term Inflation- | $10.8M | 1.18% | 213,699 | Common | SOLE |
| 464288117 | IGOV | iShares International Treasury | $10.7M | 1.17% | 252,048 | Common | SOLE |
| 450913108 | IAG | Iamgold Corporation | $10.6M | 1.16% | 822,615 | Common | SOLE |
| 81369Y803 | XLK | Technology Select Sector SPDR | $10.4M | 1.14% | 37,048 | Common | SOLE |
| 74348A210 | RWM | ProShares Short Russell2000 | $10.1M | 1.11% | 602,105 | Common | SOLE |
| 46625H100 | JPM | JPMorgan Chase & Co. | $10.1M | 1.10% | 31,963 | Common | SOLE |
| 23331A109 | DHI | D.R. Horton Inc. | $10.0M | 1.09% | 58,848 | Common | SOLE |
| 14149Y108 | CAH | Cardinal Health Inc. | $9.9M | 1.09% | 63,182 | Common | SOLE |
| 872590104 | TMUS | T-Mobile US Inc | $9.8M | 1.07% | 40,772 | Common | SOLE |
| 03073E105 | COR | Cencora Inc. | $9.7M | 1.06% | 30,903 | Common | SOLE |
| 464287200 | IVV | iShares S&P 500 Fund | $9.6M | 1.05% | 14,298 | Common | SOLE |
| 81369Y605 | XLF | Financial Select Sector SPDR F | $9.3M | 1.02% | 173,211 | Common | SOLE |
| 17275R102 | CSCO | Cisco Systems Inc. | $9.3M | 1.02% | 136,101 | Common | SOLE |
| D18190898 | DB | Deutsche Bank AG | $9.2M | 1.01% | 260,333 | Common | SOLE |
| 57636Q104 | MA | Mastercard Inc. Cl A | $8.9M | 0.97% | 15,630 | Common | SOLE |
| G87052109 | TEL | TE Connectivity Ltd. | $8.8M | 0.96% | 40,174 | Common | SOLE |
| 81369Y852 | XLC | Communication Services Select | $8.6M | 0.94% | 72,247 | Common | SOLE |
| 172967424 | C | Citigroup Inc. | $8.4M | 0.92% | 82,996 | Common | SOLE |
| 060505104 | BAC | Bank of America Corp. | $8.3M | 0.91% | 161,751 | Common | SOLE |
| 78464A151 | IBND | SPDR Barclays International Co | $8.3M | 0.91% | 256,868 | Common | SOLE |
| 464288638 | IGIB | iShares 5-10yr Investment Grad | $8.3M | 0.90% | 152,802 | Common | SOLE |
| 464288588 | MBB | iShares MBS ETF | $8.0M | 0.88% | 84,496 | Common | SOLE |
| 008474108 | AEM | Agnico-Eagle Mines Ltd. | $7.9M | 0.86% | 46,837 | Common | SOLE |
| 92206C771 | VMBS | Vanguard Mortgage-Backed Secur | $7.9M | 0.86% | 167,597 | Common | SOLE |
| 00737L103 | CVSA | Adtalem Global Education Inc. | $7.7M | 0.85% | 50,072 | Common | SOLE |
| 464287440 | IEF | iShares 7-10 Year Treasury Bon | $7.5M | 0.82% | 77,679 | Common | SOLE |
| 889478103 | TOL | Toll Brothers Inc. | $7.5M | 0.82% | 54,057 | Common | SOLE |
| 92826C839 | V | Visa Inc. | $7.1M | 0.78% | 20,768 | Common | SOLE |
| 518613203 | LAUR | Laureate Education Inc | $6.9M | 0.76% | 219,483 | Common | SOLE |
| 40412C101 | HCA | HCA Healthcare Inc | $6.9M | 0.75% | 16,155 | Common | SOLE |
| 00206R102 | T | AT&T Inc. | $6.9M | 0.75% | 243,714 | Common | SOLE |
| 136069101 | CM | Canadian Imperial Bank of Comm | $6.9M | 0.75% | 86,142 | Common | SOLE |
| 06738E204 | BCS | Barclays PLC ADR | $6.8M | 0.74% | 327,524 | Common | SOLE |
| 74164F103 | PRIM | Primoris Services Corporation | $6.7M | 0.74% | 48,947 | Common | SOLE |
| 315616102 | FFIV | F5 Networks Inc. | $6.6M | 0.73% | 20,534 | Common | SOLE |
| 46432F842 | IEFA | iShares Core MSCI EAFE ETF | $6.5M | 0.72% | 74,870 | Common | SOLE |
| M22465104 | CHKP | Check Point Software Technolog | $6.4M | 0.70% | 30,725 | Common | SOLE |
| 90353T100 | UBER | Uber Technologies, Inc. | $6.2M | 0.68% | 63,508 | Common | SOLE |
| 254687106 | DIS | Walt Disney Co. | $6.2M | 0.67% | 53,754 | Common | SOLE |
| 88033G407 | THC | Tenet Healthcare Corporation | $6.1M | 0.66% | 29,872 | Common | SOLE |
| 46138W107 | FXY | Invesco CurrencyShares Japanes | $5.8M | 0.64% | 93,481 | Common | SOLE |
| 92343E102 | VRSN | VeriSign Inc. | $5.7M | 0.62% | 20,427 | Common | SOLE |
| 86333M108 | LRN | Stride, Inc. | $5.7M | 0.62% | 38,293 | Common | SOLE |
| 29446Y502 | EQX | Equinox Gold Corp. | $5.6M | 0.62% | 502,870 | Common | SOLE |
| 559222401 | MGA | Magna International Inc. | $5.5M | 0.60% | 116,279 | Common | SOLE |
| 34959E109 | FTNT | Fortinet Inc. | $5.4M | 0.59% | 63,901 | Common | SOLE |
| G3265R107 | APTV | Aptiv PLC | $5.3M | 0.58% | 61,713 | Common | SOLE |
| 294821608 | ERIC | Telefonaktiebolaget LM Ericsso | $5.3M | 0.58% | 642,557 | Common | SOLE |
| 052800109 | ALV | Autoliv Inc. | $5.2M | 0.57% | 42,239 | Common | SOLE |
| 284902509 | EGO | Eldorado Gold Corp. | $5.0M | 0.55% | 174,370 | Common | SOLE |
| 92532F100 | VRTX | Vertex Pharmaceuticals Inc. | $5.0M | 0.55% | 12,843 | Common | SOLE |
| 141788109 | CARG | CarGurus, Inc. Class A | $4.9M | 0.54% | 131,359 | Common | SOLE |
| 416515104 | HIG | Hartford Insurance Group Inc. | $4.8M | 0.53% | 36,145 | Common | SOLE |
| 693475105 | PNC | PNC Financial Services Group I | $4.8M | 0.53% | 23,979 | Common | SOLE |
| 031162100 | AMGN | Amgen Inc. | $4.8M | 0.53% | 17,006 | Common | SOLE |
| 464287226 | AGG | iShares Core Total U.S. Bond M | $4.8M | 0.52% | 47,770 | Common | SOLE |
| 754730109 | RJF | Raymond James Financial Inc | $4.7M | 0.52% | 27,455 | Common | SOLE |
| 697900108 | PAAS | Pan American Silver Corp. | $4.7M | 0.52% | 122,339 | Common | SOLE |
| 375558103 | GILD | Gilead Sciences Inc. | $4.7M | 0.52% | 42,636 | Common | SOLE |
| 267475101 | DY | Dycom Industries Inc | $4.7M | 0.51% | 16,070 | Common | SOLE |
| 913915104 | UTI | Universal Technical Institute | $4.6M | 0.50% | 141,309 | Common | SOLE |
| 89417E109 | TRV | Travelers Companies, Inc. | $4.6M | 0.50% | 16,466 | Common | SOLE |
| 902973304 | USB | U.S. Bancorp | $4.6M | 0.50% | 94,679 | Common | SOLE |
| 92206C714 | VONV | Vanguard Russell 1000 Value ET | $4.5M | 0.50% | 50,819 | Common | SOLE |
| 46138K103 | FXE | Invesco CurrencyShares Euro Tr | $4.5M | 0.49% | 41,706 | Common | SOLE |
| 71363P106 | PRDO | Perdoceo Education Corporation | $4.5M | 0.49% | 119,330 | Common | SOLE |
| 78467J100 | SSNC | SS&C Technologies Holdings, In | $4.5M | 0.49% | 50,387 | Common | SOLE |
| 801056102 | SANM | Sanmina Corporation | $4.3M | 0.47% | 37,492 | Common | SOLE |
| 020002101 | ALL | Allstate Corp. | $4.2M | 0.46% | 19,756 | Common | SOLE |
| 35905A109 | FTDR | Frontdoor, Inc. | $4.1M | 0.45% | 61,594 | Common | SOLE |
| 46137V381 | RSPD | Invesco S&P 500 Equal Weight C | $3.9M | 0.43% | 68,409 | Common | SOLE |
| 29261A100 | EHC | Encompass Health Corporation | $3.9M | 0.43% | 31,064 | Common | SOLE |
| 74349Y837 | PSQ | ProShares Short QQQ | $3.9M | 0.42% | 124,115 | Common | SOLE |
| 913903100 | UHS | Universal Health Services Inc. | $3.8M | 0.42% | 18,698 | Common | SOLE |
| 04621X108 | AIZ | Assurant Inc. | $3.8M | 0.41% | 17,371 | Common | SOLE |
| 729132100 | PLXS | Plexus Corp. | $3.8M | 0.41% | 25,974 | Common | SOLE |
| 577933104 | MMS | Maximus Inc. | $3.7M | 0.41% | 40,707 | Common | SOLE |
| V7780T103 | RCL | Royal Caribbean Cruises Ltd | $3.6M | 0.39% | 11,149 | Common | SOLE |
| 30212P303 | EXPE | Expedia Group, Inc. | $3.6M | 0.39% | 16,800 | Common | SOLE |
| 570535104 | MKL | Markel Group Inc. | $3.6M | 0.39% | 1,867 | Common | SOLE |
| 00766T100 | ACM | AECOM | $3.4M | 0.37% | 26,265 | Common | SOLE |
| 75886F107 | REGN | Regeneron Pharmaceuticals Inc. | $3.4M | 0.37% | 6,044 | Common | SOLE |
| 521865204 | LEA | Lear Corp. | $3.4M | 0.37% | 33,576 | Common | SOLE |
| G98196101 | W9N0 | WNS (Holdings) Limited Sponsor | $3.3M | 0.37% | 43,904 | Common | SOLE |
| 143658300 | CCL1EUR | Carnival Corp. | $3.3M | 0.36% | 115,230 | Common | SOLE |
| 366505105 | GTX | Garrett Motion Inc | $3.3M | 0.36% | 244,565 | Common | SOLE |
| 64111Q104 | NTGR | Netgear Inc | $3.3M | 0.36% | 102,166 | Common | SOLE |
| 09062X103 | BIIB | Biogen Inc. | $3.3M | 0.36% | 23,517 | Common | SOLE |
| 894164102 | TNL | Travel Leisure Co. | $3.3M | 0.36% | 54,772 | Common | SOLE |
| 126650100 | CVS | CVS Health Corp. | $3.2M | 0.35% | 42,617 | Common | SOLE |
| 74758T303 | QLYS | Qualys, Inc. | $3.2M | 0.35% | 24,234 | Common | SOLE |
| 64115T104 | NTCT | NetScout Systems, Inc. | $3.2M | 0.35% | 123,840 | Common | SOLE |
| 91307C102 | UTHR | United Therapeutics Corp. | $3.2M | 0.35% | 7,546 | Common | SOLE |
| 92839U206 | VC | Visteon Corp | $3.1M | 0.34% | 26,183 | Common | SOLE |
| 92343V104 | VZ | Verizon Communications Inc. | $3.0M | 0.33% | 67,821 | Common | SOLE |
| 126349109 | CSN | CSG Systems International Inc. | $3.0M | 0.32% | 46,012 | Common | SOLE |
| 00090Q103 | ADT | ADT, Inc. | $2.9M | 0.32% | 335,077 | Common | SOLE |
| 81282V100 | PRKS | United Parks & Resorts, Inc. | $2.9M | 0.32% | 55,977 | Common | SOLE |
| 043436104 | ABG | Asbury Automotive Group Inc. | $2.9M | 0.32% | 11,800 | Common | SOLE |
| 81369Y209 | XLV | Health Care Select Sector SPDR | $2.8M | 0.31% | 20,300 | Common | SOLE |
| 53190C102 | LTH | Life Time Group Holdings, Inc. | $2.8M | 0.31% | 102,322 | Common | SOLE |
| 382550101 | GT | Goodyear Tire & Rubber Co. | $2.8M | 0.31% | 377,119 | Common | SOLE |
| 20602D101 | CNXC | Concentrix Corporation | $2.8M | 0.31% | 60,708 | Common | SOLE |
| G66721104 | NCLH | Norwegian Cruise Line Holdings | $2.7M | 0.30% | 110,778 | Common | SOLE |
| 410867105 | THG | The Hanover Insurance Group In | $2.6M | 0.28% | 14,229 | Common | SOLE |
| 92189F106 | GDX | VanEck Gold Miners ETF | $2.5M | 0.27% | 32,485 | Common | SOLE |
| 464287515 | IGV | iShares Expanded Tech-Software | $2.3M | 0.25% | 20,069 | Common | SOLE |
| 46434G764 | EMXC | iShares MSCI Emerging Markets | $2.2M | 0.24% | 33,033 | Common | SOLE |
| 253798102 | DGII | Digi International Inc. | $2.1M | 0.23% | 56,474 | Common | SOLE |
| G9618E107 | WTM | White Mountains Insurance Grou | $2.0M | 0.22% | 1,206 | Common | SOLE |
| 464287556 | IBB | iShares NASDAQ Biotechnology I | $1.9M | 0.20% | 12,903 | Common | SOLE |
| 08160H101 | BHE | Benchmark Electronics Inc. | $1.8M | 0.20% | 47,209 | Common | SOLE |
| 126501105 | CTS | CTS Corp | $1.7M | 0.18% | 42,300 | Common | SOLE |
| 464288828 | IHF | iShares U.S. Healthcare Provid | $1.4M | 0.15% | 27,810 | Common | SOLE |
| 464287713 | IYZ | iShares U.S. Telecommunication | $1.3M | 0.14% | 40,487 | Common | SOLE |
| 26922A842 | JETS | U.S. Global Jets ETF | $1.3M | 0.14% | 51,516 | Common | SOLE |
| 81369Y704 | XLI | Industrial Select Sector SPDR | $1.0M | 0.11% | 6,516 | Common | SOLE |
| 464288786 | IAK | iShares U.S. Insurance ETF | $943,982 | 0.10% | 7,043 | Common | SOLE |
| 56167R705 | LST | Leuthold Select Industries ET | $913,556 | 0.10% | 22,904 | Common | SOLE |
| 92206C409 | VCSH | Vanguard Short-Term Corporate | $891,619 | 0.10% | 11,155 | Common | SOLE |
| 003261104 | BCI | Aberdeen Standard Bloomberg Al | $788,149 | 0.09% | 36,590 | Common | SOLE |
| 384637104 | GHC | Graham Holdings Co. | $751,124 | 0.08% | 638 | Common | SOLE |
| 92206C102 | VGSH | Vanguard Short-Term Treasury E | $730,387 | 0.08% | 12,411 | Common | SOLE |
| 05964H105 | SAN | Banco Santander S.A. ADR | $722,072 | 0.08% | 68,900 | Common | SOLE |
| 45867G101 | IDCC | InterDigital Inc. | $714,971 | 0.08% | 2,071 | Common | SOLE |
| 46138E628 | KBWB | Invesco KBW Bank ETF | $694,270 | 0.08% | 8,877 | Common | SOLE |
| 278642103 | EBAY | eBay Inc. | $670,392 | 0.07% | 7,371 | Common | SOLE |
| G3223R108 | EG | Everest Group Ltd. | $659,483 | 0.07% | 1,883 | Common | SOLE |
| 78464A771 | KCE | SPDR S&P Capital Markets ETF | $648,543 | 0.07% | 4,243 | Common | SOLE |
| 601137102 | MRP | Millrose Properties Inc | $590,024 | 0.06% | 17,555 | Common | SOLE |
| 60687Y109 | MFG | Mizuho Financial Group Inc. AD | $549,655 | 0.06% | 82,038 | Common | SOLE |
| 92857W308 | VOD | Vodafone Group PLC ADS | $542,520 | 0.06% | 46,769 | Common | SOLE |
| 37045V100 | GM | General Motors Co. | $514,343 | 0.06% | 8,436 | Common | SOLE |
| N07059210 | ASML | ASML Holding N.V. | $509,215 | 0.06% | 526 | Common | SOLE |
| 247361702 | DAL | Delta Air Lines Inc. | $508,991 | 0.06% | 8,969 | Common | SOLE |
| H42097107 | UBS | UBS Group AG (new) | $505,243 | 0.06% | 12,323 | Common | SOLE |
| 680223104 | ORI | Old Republic International Cor | $501,188 | 0.05% | 11,801 | Common | SOLE |
| 038222105 | AMAT | Applied Materials Inc. | $493,628 | 0.05% | 2,411 | Common | SOLE |
| 18467V109 | YOU | Clear Secure, Inc. Class A | $490,786 | 0.05% | 14,703 | Common | SOLE |
| 45841N107 | IBKR | Interactive Brokers Group Inc. | $488,551 | 0.05% | 7,100 | Common | SOLE |
| 88706T108 | TIMB | TIM S.A. Sponsored ADR | $466,555 | 0.05% | 20,903 | Common | SOLE |
| 46137V720 | PEJ | Invesco Leisure and Entertainm | $458,106 | 0.05% | 7,562 | Common | SOLE |
| G0692U109 | AXS | Axis Capital Holdings Ltd | $441,542 | 0.05% | 4,609 | Common | SOLE |
| 871607107 | SNPS | Synopsys Inc | $434,183 | 0.05% | 880 | Common | SOLE |
| 254067101 | DDS | Dillard's Inc. Cl A | $417,232 | 0.05% | 679 | Common | SOLE |
| 920253101 | VMI | Valmont Industries Inc. | $411,382 | 0.05% | 1,061 | Common | SOLE |
| 867224107 | SU | Suncor Energy Inc. | $403,592 | 0.04% | 9,653 | Common | SOLE |
| 540424108 | L | Loews Corp. | $401,359 | 0.04% | 3,998 | Common | SOLE |
| 166764100 | CVX | Chevron Corp. | $397,387 | 0.04% | 2,559 | Common | SOLE |
| 81369Y407 | XLY | Consumer Discretionary Select | $374,797 | 0.04% | 1,564 | Common | SOLE |
| 705015105 | PSO | Pearson Plc Sp Adr | $365,031 | 0.04% | 25,779 | Common | SOLE |
| 949746101 | WMT2 | Wells Fargo & Co. | $363,276 | 0.04% | 4,334 | Common | SOLE |
| 40051E202 | ASR | Grupo Aeroportuario del Surest | $361,160 | 0.04% | 1,117 | Common | SOLE |
| P31076105 | CPA | Copa Holdings S.A. Cl A | $359,193 | 0.04% | 3,023 | Common | SOLE |
| 89151E109 | TTEN | TotalEnergies SE Sponsored ADR | $357,066 | 0.04% | 5,982 | Common | SOLE |
| 78440P306 | SKM | SK Telecom Co. Ltd. ADS | $341,863 | 0.04% | 15,827 | Common | SOLE |
| 093671105 | HRB | H&R Block, Inc. | $339,729 | 0.04% | 6,718 | Common | SOLE |
| 861896108 | SNEX | StoneX Group Inc. | $329,403 | 0.04% | 3,264 | Common | SOLE |
| 55306N104 | MKSI | MKS Instruments Inc. | $320,441 | 0.04% | 2,589 | Common | SOLE |
| 902681105 | UGI | UGI Corp. | $314,440 | 0.03% | 9,454 | Common | SOLE |
| 031652100 | AMKR | Amkor Technology Inc. | $311,860 | 0.03% | 10,981 | Common | SOLE |
| 15135U109 | CVE | Cenovus Energy Inc. | $304,801 | 0.03% | 17,940 | Common | SOLE |
| 200340107 | CMA | Comerica Inc. | $300,460 | 0.03% | 4,385 | Common | SOLE |
| 52110M109 | LAZ | Lazard Ltd. | $295,251 | 0.03% | 5,594 | Common | SOLE |
| 387328107 | GVA | Granite Construction Inc. | $293,094 | 0.03% | 2,673 | Common | SOLE |
| 55261F104 | MTB | M&T Bank Corp. | $292,082 | 0.03% | 1,478 | Common | SOLE |
| 46429B291 | QLTA | iShares Aaa-A Rated Corporate | $291,062 | 0.03% | 6,005 | Common | SOLE |
| 018581108 | BFH | Bread Financial Holdings, Inc. | $286,881 | 0.03% | 5,144 | Common | SOLE |
| 552690109 | MDU | MDU Resources Group, Inc. | $281,683 | 0.03% | 15,816 | Common | SOLE |
| 925550105 | VIAV | Viavi Solutions Inc. | $276,388 | 0.03% | 21,780 | Common | SOLE |
| 680033107 | ONB | Old National Bancorp | $272,531 | 0.03% | 12,416 | Common | SOLE |
| 464288257 | ACWI | iShares MSCI ACWI ETF | $263,347 | 0.03% | 1,905 | Common | SOLE |
| 646025106 | NJR | New Jersey Resources Corp. | $255,869 | 0.03% | 5,314 | Common | SOLE |
| 719405102 | PLAB | Photronics Inc. | $249,467 | 0.03% | 10,870 | Common | SOLE |
| 808524755 | FNDF | Schwab Fundamental Internation | $248,352 | 0.03% | 5,781 | Common | SOLE |
| 46432F339 | QUAL | iShares Edge MSCI USA Quality | $240,986 | 0.03% | 1,239 | Common | SOLE |
| 279158109 | EC | Ecopetrol SA Sponsored ADR | $240,114 | 0.03% | 26,071 | Common | SOLE |
| 29446M102 | EQNR | Equinor ASA Sponsored ADR | $237,071 | 0.03% | 9,724 | Common | SOLE |
| H1467J104 | CB | Chubb Limited | $231,163 | 0.03% | 819 | Common | SOLE |
| Y27183600 | GSL | Global Ship Lease, Inc. Class | $229,237 | 0.03% | 7,467 | Common | SOLE |
| 46429B697 | USMV | iShares Edge MSCI Min Vol USA | $226,719 | 0.02% | 2,383 | Common | SOLE |
| 46434V621 | DGRO | iShares Core Dividend Growth E | $224,324 | 0.02% | 3,295 | Common | SOLE |
| 064149107 | BNS | Bank of Nova Scotia | $219,422 | 0.02% | 3,394 | Common | SOLE |
| 464287804 | IJR | iShares S&P Small Cap 600 Inde | $211,993 | 0.02% | 1,784 | Common | SOLE |
| 464288653 | TLH | iShares 10-20 Year Treasury Bo | $210,924 | 0.02% | 2,048 | Common | SOLE |
| 47103U845 | JAAA | Janus Detroit Street Trust Jan | $206,014 | 0.02% | 4,057 | Common | SOLE |
| 57667L107 | MTCH | Match Group, Inc. | $203,796 | 0.02% | 5,770 | Common | SOLE |
| M9T951109 | ZIM | ZIM Integrated Shipping Servic | $172,993 | 0.02% | 12,767 | Common | SOLE |
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.