Institutional
LEUTHOLD GROUP, LLC
CIK 0001170152
$938.7M
Reported AUM
211
Positions
Q1 2026
Period
2026-05-06
Filed
The Brief · LEUTHOLD GROUP, LLC · Q1 2026
AI · grounded in 13F
LEUTHOLD GROUP, LLC closed its position in UNH, reducing exposure by $9.29M. The fund also exited positions in ELV and UBER, totaling losses of $7.9M and $5.21M respectively. On the buy side, the fund established a new position in NVDA worth $7.91M and added DELL for $5.61M. Additionally, the fund increased its holdings in BKR by 761.38%.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | SPDN | Direxion Daily S&P500 Bear 1X | $8.91 | 1.48% | -10.77% | -29.84% | $30.6M | 3.26% | — | HELD |
| 2 | GOOGL | Alphabet Inc. Cl A | $336.71 | 0.90% | 76.51% | 132.04% | $19.1M | 2.03% | — | HELD |
| 3 | BWX | SPDR Bloomberg Barclays Intern | $21.50 | 0.14% | -4.28% | -20.60% | $18.2M | 1.94% | — | HELD |
| 4 | MSFT | Microsoft Corp. | $390.54 | -0.71% | -24.89% | 34.54% | $17.8M | 1.90% | — | HELD |
| 5 | JBL | Jabil Inc. | $287.14 | -5.22% | 38.79% | 397.65% | $15.7M | 1.67% | — | HELD |
| 6 | GS | Goldman Sachs Group Inc. | $980.75 | -5.09% | 48.56% | 180.71% | $15.5M | 1.65% | — | HELD |
| 7 | SPIB | SPDR Intermediate Term Corpora | $33.13 | -0.12% | 2.58% | 7.86% | $14.1M | 1.50% | — | HELD |
| 8 | RWM | ProShares Short Russell2000 | $13.88 | 1.61% | -24.35% | -23.03% | $14.1M | 1.50% | — | HELD |
| 9 | MCK | McKesson Corp. | $888.56 | -0.11% | 28.83% | 350.21% | $14.0M | 1.49% | — | HELD |
| 10 | KGC | Kinross Gold Corporation | $23.21 | -1.28% | 45.64% | 324.65% | $14.0M | 1.49% | — | HELD |
| 11 | FDX | FedEx Corp. | $308.61 | -1.29% | 82.19% | 61.20% | $13.7M | 1.46% | — | HELD |
| 12 | CAH | Cardinal Health Inc. | $229.12 | -1.46% | 50.59% | 393.93% | $13.6M | 1.45% | — | HELD |
| 13 | FLEX | Flex Ltd. | $103.02 | -9.06% | 108.04% | 635.78% | $13.1M | 1.40% | — | HELD |
| 14 | SHY | iShares 1-3 Year Treasury Bond | $81.99 | 0.06% | 2.45% | 9.16% | $13.0M | 1.38% | — | HELD |
| 15 | CSCO | Cisco Systems Inc. | $112.48 | -2.68% | 75.85% | 125.29% | $12.2M | 1.30% | — | HELD |
| 16 | MS | Morgan Stanley | $203.13 | -3.99% | 48.54% | 126.84% | $11.7M | 1.24% | — | HELD |
| 17 | META | Meta Platforms Inc. Class A | $585.61 | -1.31% | -20.62% | 57.79% | $11.5M | 1.23% | — | HELD |
| 18 | IAG | Iamgold Corporation | $13.93 | -2.31% | 107.87% | 499.16% | $10.9M | 1.16% | — | HELD |
| 19 | UPS | United Parcel Service Inc. Cl | $104.56 | -0.92% | 32.25% | -33.36% | $10.7M | 1.14% | — | HELD |
| 20 | VTIP | Vanguard Short-Term Inflation- | $49.68 | 0.22% | 2.90% | 16.06% | $10.4M | 1.11% | — | HELD |
| 21 | IGOV | iShares International Treasury | $40.68 | 0.05% | -2.10% | -20.97% | $10.2M | 1.08% | — | HELD |
| 22 | COR | Cencora Inc. | $318.61 | -0.30% | 11.67% | 180.29% | $9.8M | 1.05% | — | HELD |
| 23 | C | Citigroup Inc. | $127.13 | -4.03% | 47.53% | 117.40% | $9.6M | 1.03% | — | HELD |
| 24 | JPM | JPMorgan Chase & Co. | $344.71 | -3.53% | 25.84% | 153.16% | $9.6M | 1.03% | — | HELD |
| 25 | XLK | Technology Select Sector SPDR | $166.57 | -2.64% | 33.81% | 123.64% | $9.3M | 0.99% | — | HELD |
| 26 | ERIC | Telefonaktiebolaget LM Ericsso | $9.79 | -1.81% | 39.54% | -0.31% | $9.1M | 0.97% | — | HELD |
| 27 | TEL | TE Connectivity Ltd. | $206.95 | -3.43% | 7.24% | 53.57% | $8.6M | 0.91% | — | HELD |
| 28 | HCA | HCA Healthcare Inc | $408.18 | -2.39% | 15.12% | 68.26% | $8.5M | 0.91% | — | HELD |
| 29 | IVV | iShares S&P 500 Fund | $733.12 | -1.49% | 20.42% | 75.78% | $8.5M | 0.91% | — | HELD |
| 30 | MGA | Magna International Inc. | $69.10 | 0.12% | 73.04% | 3.67% | $8.3M | 0.89% | — | HELD |
| 31 | CM | Canadian Imperial Bank of Comm | $116.23 | -3.00% | — | — | $8.3M | 0.88% | — | HELD |
| 32 | BAC | Bank of America Corp. | $61.07 | -2.48% | — | — | $8.0M | 0.86% | — | HELD |
| 33 | JNJ | Johnson & Johnson | $265.53 | -0.45% | — | — | $8.0M | 0.85% | — | HELD |
| 34 | NVDA | NVIDIA Corp. | $190.01 | -3.55% | — | — | $7.9M | 0.84% | — | HELD |
| 35 | IBND | SPDR Barclays International Co | $30.85 | 0.29% | — | — | $7.9M | 0.84% | — | HELD |
| 36 | DB | Deutsche Bank AG | $35.47 | 0.31% | — | — | $7.9M | 0.84% | — | HELD |
| 37 | IGIB | iShares 5-10yr Investment Grad | $52.27 | -0.34% | — | — | $7.9M | 0.84% | — | HELD |
| 38 | GILD | Gilead Sciences Inc. | $132.73 | -1.18% | — | — | $7.8M | 0.83% | — | HELD |
| 39 | VMBS | Vanguard Mortgage-Backed Secur | $46.19 | -0.39% | — | — | $7.8M | 0.83% | — | HELD |
| 40 | MBB | iShares MBS ETF | $93.23 | -0.47% | — | — | $7.7M | 0.82% | — | HELD |
| 41 | AMGN | Amgen Inc. | $387.64 | -1.39% | — | — | $7.6M | 0.81% | — | HELD |
| 42 | REGN | Regeneron Pharmaceuticals Inc. | $695.42 | 0.03% | — | — | $7.6M | 0.80% | — | HELD |
| 43 | VRTX | Vertex Pharmaceuticals Inc. | $483.33 | -1.44% | — | — | $7.3M | 0.78% | — | HELD |
| 44 | PRIM | Primoris Services Corporation | $74.76 | -5.25% | — | — | $7.3M | 0.78% | — | HELD |
| 45 | LAUR | Laureate Education Inc | $38.41 | 1.83% | — | — | $7.2M | 0.77% | — | HELD |
| 46 | IEF | iShares 7-10 Year Treasury Bon | $93.17 | -0.42% | — | — | $7.2M | 0.77% | — | HELD |
| 47 | BCS | Barclays PLC ADR | $26.05 | -3.45% | — | — | $7.0M | 0.75% | — | HELD |
| 48 | SLB | SLB Limited | $48.96 | -2.04% | — | — | $6.9M | 0.74% | — | HELD |
| 49 | EME | Emcor Group Inc | $672.48 | -4.72% | — | — | $6.8M | 0.72% | — | HELD |
| 50 | BKR | Baker Hughes Company Class A | $58.72 | 0.44% | — | — | $6.5M | 0.69% | — | HELD |
| 51 | UTHR | United Therapeutics Corp. | $524.70 | 0.20% | — | — | $6.4M | 0.68% | — | HELD |
| 52 | THC | Tenet Healthcare Corporation | $257.62 | -1.91% | — | — | $6.3M | 0.67% | — | HELD |
| 53 | BMY | Bristol-Myers Squibb Co. | $63.10 | -0.79% | — | — | $6.3M | 0.67% | — | HELD |
| 54 | AEM | Agnico-Eagle Mines Ltd. | $144.43 | 0.50% | — | — | $6.2M | 0.66% | — | HELD |
| 55 | FFIV | F5 Networks Inc. | $386.95 | -4.09% | — | — | $6.2M | 0.66% | — | HELD |
| 56 | GTX | Garrett Motion Inc | $28.78 | -3.81% | — | — | $6.2M | 0.66% | — | HELD |
| 57 | MA | Mastercard Inc. Cl A | $563.32 | 0.10% | — | — | $6.2M | 0.66% | — | HELD |
| 58 | XLF | Financial Select Sector SPDR F | $56.68 | -1.60% | — | — | $6.1M | 0.65% | — | HELD |
| 59 | BIIB | Biogen Inc. | $209.23 | 1.76% | — | — | $6.1M | 0.65% | — | HELD |
| 60 | MRK | Merck & Co. Inc. | $130.36 | -1.11% | — | — | $6.1M | 0.65% | — | HELD |
| 61 | IEFA | iShares Core MSCI EAFE ETF | $96.23 | -0.54% | — | — | $6.0M | 0.64% | — | HELD |
| 62 | EGO | Eldorado Gold Corp. | $31.97 | -0.84% | — | — | $6.0M | 0.64% | — | HELD |
| 63 | LEA | Lear Corp. | $147.51 | -0.79% | — | — | $5.8M | 0.62% | — | HELD |
| 64 | ALV | Autoliv Inc. | $124.77 | 0.53% | — | — | $5.8M | 0.62% | — | HELD |
| 65 | NTCT | NetScout Systems, Inc. | $38.93 | -1.91% | — | — | $5.8M | 0.62% | — | HELD |
| 66 | APTV | Aptiv PLC | $57.97 | -2.41% | — | — | $5.7M | 0.61% | — | HELD |
| 67 | DY | Dycom Industries Inc | $371.92 | -7.45% | — | — | $5.7M | 0.60% | — | HELD |
| 68 | GSK | GSK plc Sponsored ADR | $53.22 | -0.91% | — | — | $5.7M | 0.60% | — | HELD |
| 69 | DELL | Dell Technologies Inc. Class C | $369.64 | -5.73% | — | — | $5.6M | 0.60% | — | HELD |
| 70 | CVSA | Covista Inc. | $133.60 | 5.78% | — | — | $5.5M | 0.58% | — | HELD |
| 71 | GVA | Granite Construction Inc. | $117.88 | -2.83% | — | — | $5.5M | 0.58% | — | HELD |
| 72 | PLXS | Plexus Corp. | $240.49 | -3.83% | — | — | $5.4M | 0.57% | — | HELD |
| 73 | OII | Oceaneering International, Inc | $46.58 | -2.94% | — | — | $5.3M | 0.57% | — | HELD |
| 74 | FXY | Invesco CurrencyShares Japanes | $56.13 | 0.23% | — | — | $5.3M | 0.57% | — | HELD |
| 75 | UTI | Universal Technical Institute | $41.04 | 4.96% | — | — | $5.2M | 0.55% | — | HELD |
| 76 | CHRW | C.H. Robinson Worldwide | $173.75 | 2.60% | — | — | $5.2M | 0.55% | — | HELD |
| 77 | PNC | PNC Financial Services Group I | $248.49 | -1.24% | — | — | $5.1M | 0.55% | — | HELD |
| 78 | USB | U.S. Bancorp | $62.82 | -2.50% | — | — | $5.1M | 0.54% | — | HELD |
| 79 | V | Visa Inc. | $368.73 | 0.58% | — | — | $5.0M | 0.53% | — | HELD |
| 80 | HIG | Hartford Insurance Group Inc. | $145.68 | 1.58% | — | — | $5.0M | 0.53% | — | HELD |
| 81 | SANM | Sanmina Corporation | $163.85 | -4.98% | — | — | $5.0M | 0.53% | — | HELD |
| 82 | TRV | Travelers Companies, Inc. | $389.01 | -2.07% | — | — | $4.9M | 0.52% | — | HELD |
| 83 | TS | Tenaris S.A. | $55.82 | 0.32% | — | — | $4.9M | 0.52% | — | HELD |
| 84 | RIO | Rio Tinto PLC ADS | $93.66 | 2.20% | — | — | $4.9M | 0.52% | — | HELD |
| 85 | EXPD | Expeditors International of Wa | $170.13 | -0.75% | — | — | $4.8M | 0.51% | — | HELD |
| 86 | CRH | CRH public limited company | $99.71 | -3.57% | — | — | $4.7M | 0.50% | — | HELD |
| 87 | VMI | Valmont Industries Inc. | $456.29 | -5.07% | — | — | $4.6M | 0.49% | — | HELD |
| 88 | SNY | Sanofi SA Sponsored ADR | $44.85 | -1.52% | — | — | $4.6M | 0.49% | — | HELD |
| 89 | LRCX | Lam Research Corp. | $252.35 | -6.40% | — | — | $4.4M | 0.47% | — | HELD |
| 90 | PRDO | Perdoceo Education Corporation | $34.55 | 5.21% | — | — | $4.4M | 0.47% | — | HELD |
| 91 | FXE | Invesco CurrencyShares Euro Tr | $105.70 | 0.56% | — | — | $4.4M | 0.46% | — | HELD |
| 92 | DAL | Delta Air Lines Inc. | $86.25 | -3.49% | — | — | $4.3M | 0.46% | — | HELD |
| 93 | AGG | iShares Core Total U.S. Bond M | $97.55 | -0.38% | — | — | $4.2M | 0.45% | — | HELD |
| 94 | VONV | Vanguard Russell 1000 Value ET | $109.38 | -1.01% | — | — | $4.2M | 0.45% | — | HELD |
| 95 | ALL | Allstate Corp. | $274.39 | 0.72% | — | — | $4.2M | 0.44% | — | HELD |
| 96 | EQX | Equinox Gold Corp. | $8.96 | -2.08% | — | — | $4.1M | 0.44% | — | HELD |
| 97 | CARG | CarGurus, Inc. Class A | $37.07 | 1.78% | — | — | $4.0M | 0.42% | — | HELD |
| 98 | NOV | NOV Inc. | $19.06 | -3.83% | — | — | $3.9M | 0.42% | — | HELD |
| 99 | PSQ | ProShares Short QQQ | $27.91 | 2.12% | — | — | $3.9M | 0.42% | — | HELD |
| 100 | AIZ | Assurant Inc. | $281.00 | -0.73% | — | — | $3.9M | 0.41% | — | HELD |
| 101 | WFRD | Weatherford International plc | — | — | — | — | $3.8M | 0.41% | — | HELD |
| 102 | UHS | Universal Health Services Inc. | — | — | — | — | $3.8M | 0.40% | — | HELD |
| 103 | SNEX | StoneX Group Inc. | — | — | — | — | $3.8M | 0.40% | — | HELD |
| 104 | HAL | Halliburton Co. | — | — | — | — | $3.8M | 0.40% | — | HELD |
| 105 | VC | Visteon Corp | — | — | — | — | $3.7M | 0.40% | — | HELD |
| 106 | BR | Broadridge Financial Solutions | — | — | — | — | $3.7M | 0.39% | — | HELD |
| 107 | SSNC | SS&C Technologies Holdings, In | — | — | — | — | $3.6M | 0.39% | — | HELD |
| 108 | MKL | Markel Group Inc. | — | — | — | — | $3.6M | 0.38% | — | HELD |
| 109 | PAAS | Pan American Silver Corp. | — | — | — | — | $3.5M | 0.37% | — | HELD |
| 110 | XLC | Communication Services Select | — | — | — | — | $3.4M | 0.36% | — | HELD |
| 111 | GXO | GXO Logistics Inc | — | — | — | — | $3.3M | 0.35% | — | HELD |
| 112 | XLV | Health Care Select Sector SPDR | — | — | — | — | $3.1M | 0.33% | — | HELD |
| 113 | CVS | CVS Health Corp. | — | — | — | — | $3.1M | 0.33% | — | HELD |
| 114 | EHC | Encompass Health Corporation | — | — | — | — | $3.1M | 0.33% | — | HELD |
| 115 | RSPD | Invesco S&P 500 Equal Weight C | — | — | — | — | $3.0M | 0.32% | — | HELD |
| 116 | HBM | HudBay Minerals Inc. | — | — | — | — | $3.0M | 0.32% | — | HELD |
| 117 | AA | Alcoa Inc. | — | — | — | — | $3.0M | 0.31% | — | HELD |
| 118 | GAP | Gap Inc. | — | — | — | — | $2.9M | 0.31% | — | HELD |
| 119 | MMS | Maximus Inc. | — | — | — | — | $2.8M | 0.30% | — | HELD |
| 120 | BHE | Benchmark Electronics Inc. | — | — | — | — | $2.8M | 0.30% | — | HELD |
| 121 | DGII | Digi International Inc. | — | — | — | — | $2.8M | 0.29% | — | HELD |
| 122 | HUBG | Hub Group Inc (Cl A) | — | — | — | — | $2.7M | 0.29% | — | HELD |
| 123 | URBN | Urban Outfitters Inc | — | — | — | — | $2.6M | 0.27% | — | HELD |
| 124 | THG | Hanover Insurance Group Inc. | — | — | — | — | $2.5M | 0.26% | — | HELD |
| 125 | GDX | VanEck Gold Miners ETF | — | — | — | — | $2.4M | 0.26% | — | HELD |
| 126 | ACM | AECOM | — | — | — | — | $2.4M | 0.26% | — | HELD |
| 127 | EMXC | iShares MSCI Emerging Markets | — | — | — | — | $2.3M | 0.25% | — | HELD |
| 128 | WTM | White Mountains Insurance Grou | — | — | — | — | $2.3M | 0.25% | — | HELD |
| 129 | IBB | iShares NASDAQ Biotechnology I | — | — | — | — | $2.2M | 0.24% | — | HELD |
| 130 | LST | Leuthold Select Industries ET | — | — | — | — | $2.2M | 0.24% | — | HELD |
| 131 | CTS | CTS Corp | — | — | — | — | $2.2M | 0.23% | — | HELD |
| 132 | KAMO | Kensington Credit Opportunitie | — | — | — | — | $2.0M | 0.21% | — | HELD |
| 133 | CNXC | Concentrix Corporation | — | — | — | — | $1.8M | 0.19% | — | HELD |
| 134 | OIH | VanEck Oil Services ETF | — | — | — | — | $1.7M | 0.18% | — | HELD |
| 135 | AMD | Advanced Micro Devices Inc. | — | — | — | — | $1.6M | 0.17% | — | HELD |
| 136 | IBM | International Business Machine | — | — | — | — | $1.5M | 0.16% | — | HELD |
| 137 | AVGO | Broadcom Inc. | — | — | — | — | $1.4M | 0.15% | — | HELD |
| 138 | IHF | iShares U.S. Healthcare Provid | — | — | — | — | $1.3M | 0.14% | — | HELD |
| 139 | PKB | Invesco Building & Constructio | — | — | — | — | $1.1M | 0.12% | — | HELD |
| 140 | IYT | iShares US Transportation ETF | — | — | — | — | $1.1M | 0.12% | — | HELD |
| 141 | XOM | Exxon Mobil Corp. | — | — | — | — | $1.1M | 0.12% | — | HELD |
| 142 | SHEL | Shell PLC Sponsored ADR | — | — | — | — | $1.1M | 0.12% | — | HELD |
| 143 | AROC | Archrock Inc. | — | — | — | — | $943K | 0.10% | — | HELD |
| 144 | PICK | iShares MSCI Global Metals & M | — | — | — | — | $878K | 0.09% | — | HELD |
| 145 | XLI | Industrial Select Sector SPDR | — | — | — | — | $865K | 0.09% | — | HELD |
| 146 | AMAT | Applied Materials Inc. | — | — | — | — | $809K | 0.09% | — | HELD |
| 147 | BCI | Aberdeen Standard Bloomberg Al | — | — | — | — | $798K | 0.08% | — | HELD |
| 148 | PSO | Pearson Plc Sp Adr | — | — | — | — | $789K | 0.08% | — | HELD |
| 149 | PPH | VanEck Vectors Pharmaceutical | — | — | — | — | $775K | 0.08% | — | HELD |
| 150 | SAN | Banco Santander S.A. ADR | — | — | — | — | $756K | 0.08% | — | HELD |
| 151 | NTGR | Netgear Inc | — | — | — | — | $755K | 0.08% | — | HELD |
| 152 | VCSH | Vanguard Short-Term Corporate | — | — | — | — | $745K | 0.08% | — | HELD |
| 153 | IAK | iShares U.S. Insurance ETF | — | — | — | — | $742K | 0.08% | — | HELD |
| 154 | DVN | Devon Energy Corp. | — | — | — | — | $735K | 0.08% | — | HELD |
| 155 | VIAV | Viavi Solutions Inc. | — | — | — | — | $711K | 0.08% | — | HELD |
| 156 | XRT | SPDR S&P Retail ETF | — | — | — | — | $704K | 0.07% | — | HELD |
| 157 | VOD | Vodafone Group PLC ADS | — | — | — | — | $683K | 0.07% | — | HELD |
| 158 | ASML | ASML Holding N.V. | — | — | — | — | $683K | 0.07% | — | HELD |
| 159 | GHC | Graham Holdings Co. | — | — | — | — | $644K | 0.07% | — | HELD |
| 160 | MFG | Mizuho Financial Group Inc. AD | — | — | — | — | $633K | 0.07% | — | HELD |
| 161 | SU | Suncor Energy Inc. | — | — | — | — | $622K | 0.07% | — | HELD |
| 162 | VGSH | Vanguard Short-Term Treasury E | — | — | — | — | $620K | 0.07% | — | HELD |
| 163 | GM | General Motors Co. | — | — | — | — | $611K | 0.07% | — | HELD |
| 164 | MKSI | MKS Instruments Inc. | — | — | — | — | $584K | 0.06% | — | HELD |
| 165 | TMUS | T-Mobile US Inc | — | — | — | — | $580K | 0.06% | — | HELD |
| 166 | KBWB | Invesco KBW Bank ETF | — | — | — | — | $576K | 0.06% | — | HELD |
| 167 | AMX | America Movil S.A.B. de C.V. A | — | — | — | — | $558K | 0.06% | — | HELD |
| 168 | TIMB | TIM S.A. Sponsored ADR | — | — | — | — | $538K | 0.06% | — | HELD |
| 169 | TTEN | TotalEnergies SE Sponsored ADR | — | — | — | — | $531K | 0.06% | — | HELD |
| 170 | CVX | Chevron Corp. | — | — | — | — | $516K | 0.05% | — | HELD |
| 171 | SEM | Select Medical Holdings Corpor | — | — | — | — | $495K | 0.05% | — | HELD |
| 172 | NHC | National HealthCare Corporatio | — | — | — | — | $489K | 0.05% | — | HELD |
| 173 | AMKR | Amkor Technology Inc. | — | — | — | — | $486K | 0.05% | — | HELD |
| 174 | KCE | SPDR S&P Capital Markets ETF | — | — | — | — | $477K | 0.05% | — | HELD |
| 175 | UBS | UBS Group AG (new) | — | — | — | — | $468K | 0.05% | — | HELD |
| 176 | CVE | Cenovus Energy Inc. | — | — | — | — | $465K | 0.05% | — | HELD |
| 177 | IBKR | Interactive Brokers Group Inc. | — | — | — | — | $463K | 0.05% | — | HELD |
| 178 | ORI | Old Republic International Cor | — | — | — | — | $458K | 0.05% | — | HELD |
| 179 | AXS | Axis Capital Holdings Ltd | — | — | — | — | $455K | 0.05% | — | HELD |
| 180 | PLAB | Photronics Inc. | — | — | — | — | $431K | 0.05% | — | HELD |
| 181 | L | Loews Corp. | — | — | — | — | $415K | 0.04% | — | HELD |
| 182 | EQNR | Equinor ASA Sponsored ADR | — | — | — | — | $401K | 0.04% | — | HELD |
| 183 | RJF | Raymond James Financial Inc | — | — | — | — | $383K | 0.04% | — | HELD |
| 184 | EC | Ecopetrol SA Sponsored ADR | — | — | — | — | $382K | 0.04% | — | HELD |
| 185 | XLE | Energy Select Sector SPDR Fund | — | — | — | — | $370K | 0.04% | — | HELD |
| 186 | FITB | Fifth Third Bancorp | — | — | — | — | $370K | 0.04% | — | HELD |
| 187 | ASR | Grupo Aeroportuario del Surest | — | — | — | — | $365K | 0.04% | — | HELD |
| 188 | WMT2 | Wells Fargo & Co. | — | — | — | — | $345K | 0.04% | — | HELD |
| 189 | MRVL | Marvell Technology Inc. | — | — | — | — | $340K | 0.04% | — | HELD |
| 190 | UGI | UGI Corp. | — | — | — | — | $338K | 0.04% | — | HELD |
| 191 | CPA | Copa Holdings S.A. Cl A | — | — | — | — | $334K | 0.04% | — | HELD |
| 192 | MDU | MDU Resources Group, Inc. | — | — | — | — | $321K | 0.03% | — | HELD |
| 193 | ACMR | ACM Research, Inc. Class A | — | — | — | — | $320K | 0.03% | — | HELD |
| 194 | INVX | Innovex International, Inc. | — | — | — | — | $306K | 0.03% | — | HELD |
| 195 | MTB | M&T Bank Corp. | — | — | — | — | $297K | 0.03% | — | HELD |
| 196 | NJR | New Jersey Resources Corp. | — | — | — | — | $284K | 0.03% | — | HELD |
| 197 | FNDF | Schwab Fundamental Internation | — | — | — | — | $283K | 0.03% | — | HELD |
| 198 | MBSD | FlexShares Disciplined Duratio | — | — | — | — | $275K | 0.03% | — | HELD |
| 199 | ONB | Old National Bancorp | — | — | — | — | $267K | 0.03% | — | HELD |
| 200 | CB | Chubb Limited | — | — | — | — | $259K | 0.03% | — | HELD |
| 201 | SNX | TD SYNNEX Corporation | — | — | — | — | $259K | 0.03% | — | HELD |
| 202 | CRUS | Cirrus Logic Inc. | — | — | — | — | $255K | 0.03% | — | HELD |
| 203 | XLB | Materials Select Sector SPDR F | — | — | — | — | $251K | 0.03% | — | HELD |
| 204 | MU | Micron Technology Inc. | — | — | — | — | $250K | 0.03% | — | HELD |
| 205 | QUAL | iShares Edge MSCI USA Quality | — | — | — | — | $238K | 0.03% | — | HELD |
| 206 | DGRO | iShares Core Dividend Growth E | — | — | — | — | $231K | 0.02% | — | HELD |
| 207 | BNS | Bank of Nova Scotia | — | — | — | — | $229K | 0.02% | — | HELD |
| 208 | BDC | Belden Inc. | — | — | — | — | $223K | 0.02% | — | HELD |
| 209 | QLTA | iShares Aaa-A Rated Corporate | — | — | — | — | $221K | 0.02% | — | HELD |
| 210 | PDBC | Invesco Optimum Yield Diversified | — | — | — | — | $210K | 0.02% | — | HELD |
| 211 | SWKS | Skyworks Solutions Inc | — | — | — | — | $207K | 0.02% | — | HELD |
Source: SEC EDGAR · accession 0000897069-26-001031. 13F discloses long positions only — shorts, foreign equities, and options are excluded.