13F

Investor

LEUTHOLD GROUP, LLC

CIK 0001170152 · filed 2026-05-06 · SEC filing

13F book

$938.7M

Positions

211

22 new · 18 sold

Largest name

3.3%

Direxion Shs Etf Tr

Est. mark

$3.61M

Price effect on 189 names still held. Flow $9.11M.
NameTickerSharesValueWeightEst. markChange
Direxion Shs Etf Tr3.07M$30.6M3.3%$1.22MAdded$8.52M
Alphabet Inc66.4K$19.1M2.0%−$1.69MCut−$2.06M
Spdr Series Trust829.1K$18.2M1.9%−$480.9KCut−$565.5K
Microsoft CorpMSFT48.2K$17.8M1.9%−$5.46MCut−$6.68M
Jabil IncJBL58.9K$15.7M1.7%$2.22MCut$1.45M
Goldman Sachs Group Inc18.3K$15.5M1.7%−$596.9KAdded−$399K
Spdr Series Trust420.2K$14.1M1.5%−$113.5KHeld
Proshares Tr868.7K$14.1M1.5%−$122.7KAdded$704.4K
Mckesson CorpMCK16.2K$14M1.5%$721.5KAdded$849.6K
Kinross Gold Corp457.9K$14M1.5%$1.08MCut$562.1K
Fedex CorpFDX38.5K$13.7M1.5%$2.54MAdded$2.8M
Cardinal Health IncCAH64.4K$13.6M1.5%$368.4KAdded$578.6K
Flex Ltd.FLEX200.4K$13.1M1.4%$1.01MCut$701.3K
Ishares Tr157K$13M1.4%−$38.7KAdded$130K
Cisco Sys Inc157.6K$12.2M1.3%$86.7KAdded$295.2K
Morgan Stanley71K$11.7M1.2%−$907.6KAdded−$747.1K
Meta Platforms, Inc.META20.1K$11.5M1.2%−$1.76MAdded−$1.67M
Iamgold CorpIAG580.5K$10.9M1.2%$1.35MCut$804K
United Parcel Service IncUPS108.5K$10.7M1.1%−$86.1KAdded$130K
Vanguard Malvern Fds208.7K$10.4M1.1%$102.3KCut$66.8K
Ishares Tr248K$10.2M1.1%−$148.8KCut−$179.8K
Cencora, Inc.COR31.3K$9.82M1.0%−$729.4KAdded−$612.5K
Citigroup Inc85K$9.64M1.0%−$273.3KAdded−$80.2K
Jpmorgan Chase & Co.32.7K$9.63M1.0%−$903.2KAdded−$745.2K
Select Sector Spdr Tr70.3K$9.34M1.0%−$777.9KCut−$1.43M
Telefonaktiebolaget Lm Erics811.4K$9.14M1.0%$1.29MAdded$1.47M
Te Connectivity PlcTEL41K$8.57M0.9%−$746.2KAdded−$614.1K
HCA Healthcare, Inc.HCA18.1K$8.54M0.9%$114.4KAdded$174.9K
Ishares Tr13K$8.52M0.9%−$413.7KCut−$437.7K
Magna Intl Inc149.3K$8.33M0.9%$369.4KAdded$486.1K
Canadian Imperial Bank Of Co87.7K$8.31M0.9%$357.8KAdded$476K
Bank America Corp165K$8.05M0.9%−$1.01MAdded−$879.9K
Johnson & JohnsonJNJ32.7K$8M0.9%$1.2MAdded$1.39M
Nvidia CorpNVDA45.3K$7.91M0.8%New
Spdr Series Trust254.1K$7.9M0.8%−$261.7KCut−$301.1K
Deutsche Bank A G264.5K$7.88M0.8%−$2.29MAdded−$2.19M
Ishares Tr147.7K$7.86M0.8%−$97.5KCut−$152.5K
Gilead Sciences, Inc.GILD56.1K$7.82M0.8%$915.6KAdded$1.06M
Vanguard Scottsdale Fds165.1K$7.75M0.8%−$21.5KHeld
Ishares Tr81.4K$7.73M0.8%−$22KCut−$71.1K
Amgen IncAMGN21.6K$7.6M0.8%$525.2KAdded$594.2K
Regeneron Pharmaceuticals, Inc.REGN9.78K$7.56M0.8%$7.27KAdded$270.7K
Vertex Pharmaceuticals Inc16.5K$7.35M0.8%−$111.9KAdded−$90.5K
Primoris Svcs Corp50.9K$7.28M0.8%$935.3KAdded$1.14M
Laureate Education, Inc.LAUR207.3K$7.22M0.8%$238.7KAdded$353K
Ishares Tr75.4K$7.2M0.8%−$54.3KCut−$217.5K
Barclays Plc333.1K$7.05M0.8%−$1.41MAdded−$1.32M
Slb Limited/NvSLB134.5K$6.91M0.7%$1.72MAdded$1.85M
EMCOR Group, Inc.EME9.17K$6.77M0.7%$1.12MAdded$1.34M
Baker Hughes Company106.5K$6.5M0.7%$191.8KAdded$5.94M
United Therapeutics Corp Del10.7K$6.37M0.7%$1.13MAdded$1.17M
Tenet Healthcare CorpTHC33.2K$6.27M0.7%−$328.2KAdded−$244.6K
Bristol-Myers Squibb Co103.2K$6.26M0.7%$677.9KAdded$811.8K
Agnico Eagle Mines LtdAEM30.7K$6.23M0.7%$1.01MAdded$1.13M
F5, Inc.FFIV21.5K$6.21M0.7%$705.6KAdded$922K
Garrett Motion Inc.GTX341.3K$6.2M0.7%$246.6KAdded$392.4K
Mastercard IncMA12.3K$6.16M0.7%−$878.1KCut−$2.76M
Select Sector Spdr Tr123.6K$6.1M0.7%−$667.5KCut−$3.09M
Biogen Inc.BIIB33.1K$6.08M0.6%$239.2KAdded$340.8K
Merck & Co., Inc.MRK50.4K$6.06M0.6%$740.9KAdded$874.9K
Ishares Tr66.5K$6.02M0.6%$71.1KCut$34.8K
Eldorado Gold Corp New174.2K$5.98M0.6%−$277KCut−$288.4K
Lear CorpLEA48.2K$5.84M0.6%$307.9KAdded$393.7K
Autoliv IncALV55.4K$5.83M0.6%−$739KAdded−$651.4K
Netscout Sys Inc182.9K$5.81M0.6%$851.3KAdded$943.3K
Aptiv PlcAPTV82.2K$5.71M0.6%−$538.7KAdded−$454.8K
Dycom Inds Inc16.7K$5.67M0.6%$14.8KAdded$219.2K
Gsk Plc102.5K$5.66M0.6%$617.2KAdded$735.7K
Dell Technologies Inc.DELL34.2K$5.61M0.6%New
Adtalem Global Ed IncCVSA47.6K$5.48M0.6%$551.4KAdded$638K
Granite Constr Inc45.6K$5.46M0.6%$204.9KAdded$247.5K
Plexus CorpPLXS26.4K$5.35M0.6%$1.44MAdded$1.53M
Oceaneering Intl Inc150.2K$5.33M0.6%$1.69MAdded$1.78M
Invesco Currencyshares Japan91.8K$5.32M0.6%−$72.6KCut−$88.8K
Universal Technical Inst Inc144.1K$5.2M0.6%$1.41MAdded$1.5M
C. H. Robinson Worldwide, Inc.CHRW31.3K$5.2M0.6%$162.8KAdded$267.2K
Pnc Finl Svcs Group Inc24.7K$5.13M0.5%−$15.5KAdded$89.2K
Us Bancorp Del97.3K$5.06M0.5%−$128.7KAdded−$22.4K
Visa Inc.V16.6K$5.01M0.5%−$803.4KCut−$2.31M
Hartford Insurance Group Inc36.8K$4.98M0.5%−$93.3KAdded−$23K
Sanmina CorpSANM38.3K$4.97M0.5%−$769.4KAdded−$684.7K
Travelers Companies, Inc.TRV16.8K$4.91M0.5%$26.9KAdded$97.2K
Tenaris S A84K$4.89M0.5%New
Rio Tinto Plc52.3K$4.88M0.5%$674.9KAdded$802.2K
Expeditors Intl Wash Inc33.3K$4.77M0.5%−$188.1KAdded−$77.4K
Crh Plc44.7K$4.7M0.5%−$859.4KAdded−$752.4K
Valmont Inds Inc11.6K$4.64M0.5%−$31.6KAdded$17.1K
Sanofi Sa96.1K$4.63M0.5%−$26.3KAdded$81.4K
Lam Research CorpLRCX20.8K$4.43M0.5%New
Perdoceo Ed Corp118K$4.39M0.5%$872.9KAdded$1.14M
Invesco Currencyshares Euro40.8K$4.35M0.5%−$72KCut−$113.8K
Delta Air Lines Inc DelDAL64.9K$4.31M0.5%−$26.2KAdded$3.69M
Ishares Tr42.8K$4.24M0.5%−$26.1KHeld
Vanguard Scottsdale Fds45.2K$4.24M0.5%$65.1KHeld
Allstate Corp20.1K$4.17M0.4%−$16.1KAdded$41.6K
Equinox Gold Corp.EQX282.5K$4.08M0.4%$115.6KAdded$221.6K
CarGurus, Inc.CARG116.5K$3.97M0.4%−$500.8KCut−$1M
NOV Inc.NOV208.1K$3.91M0.4%$85.4KAdded$3.5M
Proshares Tr121.2K$3.9M0.4%$224.6KAdded$494.1K
Assurant Inc17.7K$3.86M0.4%−$401KAdded−$331.3K
Weatherford Intl Plc40.7K$3.85M0.4%$88.9KAdded$3.42M
Universal Hlth Svcs Inc21.2K$3.8M0.4%−$822.9KAdded−$793.9K
StoneX Group Inc.SNEX47.1K$3.8M0.4%−$441.5KAdded$899K
Halliburton CoHAL96.7K$3.77M0.4%New
Visteon CorpVC40.8K$3.72M0.4%−$161.6KAdded−$130.6K
Broadridge Finl Solutions In22.6K$3.67M0.4%New
Ss&C Technologies Hldgs Inc54K$3.65M0.4%−$1.01MAdded−$799.7K
Markel Group Inc.MKL1.89K$3.61M0.4%−$444.1KCut−$454.8K
Pan Amern Silver Corp63.6K$3.48M0.4%$175.2KAdded$257.4K
Select Sector Spdr Tr30.9K$3.42M0.4%−$211.8KCut−$706K
GXO Logistics, Inc.GXO62.7K$3.25M0.3%−$48.4KAdded$27.5K
Select Sector Spdr Tr21.4K$3.13M0.3%−$175KCut−$505.1K
Cvs Health CorpCVS43.4K$3.12M0.3%−$322.4KAdded−$273.1K
Encompass Health CorpEHC31.6K$3.05M0.3%−$293.3KAdded−$255.8K
Invesco Exchange Traded Fd T56.1K$3.01M0.3%−$196.6KCut−$757.4K
Hudbay Minerals Inc.HBM141.7K$2.96M0.3%$145.7KAdded$207.9K
Alcoa CorpAA44.5K$2.95M0.3%$586.6KCut$333.2K
Gap IncGAP121.9K$2.95M0.3%−$166.7KAdded−$98.4K
Maximus, Inc.MMS44.3K$2.84M0.3%−$916.1KAdded−$720.5K
Benchmark Electrs Inc50.1K$2.81M0.3%$633.4KAdded$770.2K
Digi Intl Inc57.3K$2.76M0.3%$278.6KAdded$303.6K
Hub Group, Inc.HUBG75.9K$2.73M0.3%−$487.7KAdded−$429K
Urban Outfitters IncURBN40.3K$2.55M0.3%−$469.5KAdded−$412.1K
Hanover Ins Group Inc14.3K$2.48M0.3%−$133.7KAdded−$112.4K
Vaneck Etf Trust26.6K$2.44M0.3%$159.8KCut−$241.3K
AecomACM28.4K$2.41M0.3%−$280.1KAdded−$132.8K
Ishares Inc29.7K$2.34M0.2%$177.9KHeld
White Mtns Ins Group Ltd1.05K$2.31M0.2%$125.1KCut−$9.96K
Ishares Tr13.3K$2.24M0.2%$1.06KCut−$830.3K
Managed Portfolio Series54.6K$2.21M0.2%$6.97KAdded$1.28M
Cts CorpCTS45.1K$2.15M0.2%$209.1KAdded$319.4K
Managed Portfolio Series81.6K$2.01M0.2%New
Concentrix CorpCNXC66K$1.81M0.2%−$874KAdded−$748.9K
Vaneck Etf Trust4.29K$1.74M0.2%$275.9KAdded$1.08M
Advanced Micro Devices IncAMD7.84K$1.59M0.2%New
International Business Machs6.13K$1.49M0.2%New
Broadcom Inc.AVGO4.62K$1.43M0.2%New
Ishares Tr32K$1.34M0.1%−$194.8KCut−$1.43M
Invesco Exchange Traded Fd T11.8K$1.15M0.1%$47.7KAdded$262.5K
Ishares Tr15.3K$1.14M0.1%$1.38KCut−$198.8K
Exxon Mobil Corp6.58K$1.12M0.1%$324.4KCut$300.7K
Shell Plc12K$1.12M0.1%New
Archrock, Inc.AROC27.1K$943.4K0.1%New
Ishares Inc15.5K$878.2K0.1%$81.5KCut−$58.3K
Select Sector Spdr Tr5.35K$865.1K0.1%$35.4KCut−$110K
Applied Matls Inc2.37K$809K0.1%$200.7KCut$182.5K
Abrdn Etfs32.8K$797.7K0.1%$156.3KHeld
Pearson Plc60.1K$789.4K0.1%−$27.5KAdded$365K
Vaneck Etf Trust7.46K$775.5K0.1%$5.3KCut−$130.3K
Banco Santander Sa67K$755.7K0.1%−$30.1KCut−$40.4K
Netgear, Inc.NTGR34.6K$754.9K0.1%−$93KCut−$3.16M
Vanguard Scottsdale Fds9.39K$744.7K0.1%−$4.32KCut−$73.2K
Ishares Tr5.79K$742.3K0.1%−$45.5KCut−$183K
Devon Energy Corp New14.6K$735K0.1%New
Viavi Solutions Inc.VIAV21.4K$711.2K0.1%$330.4KCut$319K
Spdr Series Trust8.75K$704K0.1%−$42.2KCut−$173.3K
Vodafone Group Plc New45.5K$683.1K0.1%$82.3KCut$64.4K
Asml Holding N V517$682.9K0.1%$129.8KCut$113.7K
Graham Hldgs Co609$643.9K0.1%−$12.9KAdded$300K
Mizuho Financial Group Inc79.8K$633.4K0.1%$49.5KCut$32K
Suncor Energy Inc New9.41K$622.2K0.1%$204.7KCut$192.2K
Vanguard Scottsdale Fds10.6K$620.4K0.1%−$2.01KCut−$34.5K
General Mtrs Co8.2K$611.1K0.1%−$55.9KCut−$75.9K
Mks IncMKSI2.54K$584.2K0.1%$178KCut$165.8K
T-Mobile Us Inc2.76K$579.9K0.1%$19.3KCut−$42.4K
Invesco Exch Traded Fd Tr Ii7.28K$576.1K0.1%−$37.6KCut−$144.9K
America Movil Sab De Cv21.9K$557.8K0.1%$105.3KCut$91.8K
Tim S.A.TIMB20.3K$538.2K0.1%$143KCut$131.2K
Totalenergies SeTTE5.83K$530.6K0.1%$149.1KCut$144.1K
Chevron Corp NewCVX2.5K$516.2K0.1%$136KCut$124.7K
Select Med Hldgs Corp30.4K$494.5K0.1%$43.7KCut$30.2K
National Healthcare CorpNHC3.06K$489.2K0.1%$69.3KCut$56.6K
Amkor Technology, Inc.AMKR10.8K$485.5K0.1%$59.8KCut$47.1K
Spdr Series Trust3.47K$477.5K0.1%−$42.8KCut−$134.2K
UBS Group AGUBS12K$468.2K0.1%−$86.8KCut−$103.3K
Cenovus Energy Inc.CVE17.5K$465.2K0.1%$168.5KCut$159.7K
Interactive Brokers Group In6.9K$463.1K0.0%$19.1KCut$5.81K
Old Rep Intl Corp11.5K$457.9K0.0%−$65.9KCut−$81.5K
Axis Cap Hldgs Ltd4.48K$454.5K0.0%−$25.5KCut−$39.8K
Photronics IncPLAB10.7K$431K0.0%$89.7KCut$79.5K
Loews CorpL3.89K$414.9K0.0%$5.56KCut−$6.66K
Equinor Asa9.5K$401.1K0.0%$176.5KCut$169.8K
Raymond James Finl Inc2.64K$382.5K0.0%−$41.7KCut−$4.04M
Ecopetrol S.A.EC25.5K$382K0.0%$126.7KCut$119K
Select Sector Spdr Tr6.05K$370.4K0.0%New
Fifth Third Bancorp7.96K$369.7K0.0%New
Grupo Aeroportuario Del Sure1.09K$365.4K0.0%$13.8KCut$3.49K
Wells Fargo Co New4.33K$345K0.0%−$58.9KHeld
Marvell Technology, Inc.MRVL3.44K$340.2K0.0%New
Ugi Corp New9.28K$337.8K0.0%−$9.37KCut−$19.7K
Copa Holdings Sa2.94K$333.9K0.0%−$20.6KCut−$31.2K
Mdu Res Group Inc15.5K$321.2K0.0%$18.6KCut$9.57K
Acm Resh Inc8.12K$319.5K0.0%−$812Cut−$10.4K
Innovex International, Inc.INVX12.5K$305.6K0.0%$31.6KCut$23.4K
M & T Bk Corp1.44K$297.1K0.0%$7.53KCut−$1.13K
New Jersey Res Corp5.18K$284.4K0.0%$45.6KCut$38.4K
Schwab Strategic Tr5.78K$282.9K0.0%$21.5KHeld
Flexshares Tr13.3K$275.4K0.0%−$927Held
Old Natl Bancorp Ind12.1K$266.8K0.0%−$2.54KCut−$10.6K
Chubb Limited796$259.4K0.0%$11KCut$3.5K
Td Synnex CorpSNX1.54K$259.1K0.0%New
Cirrus Logic, Inc.CRUS1.76K$254.5K0.0%New
Select Sector Spdr Tr5.01K$250.5K0.0%$23.2KCut$22.9K
Micron Technology IncMU740$250K0.0%New
Ishares Tr1.24K$237.7K0.0%−$8.44KHeld
Ishares Tr3.29K$231.2K0.0%$2.5KHeld
Bank Nova Scotia Halifax3.3K$228.7K0.0%−$14.5KCut−$21.7K
Belden Inc.BDC1.95K$223.3K0.0%New
Ishares Aaa A Rated Cor4.65K$221.4K0.0%−$2.33KCut−$71.3K
Invesco Actvely Mngd Etc Fd12.1K$210K0.0%New
Skyworks Solutions, Inc.SWKS3.87K$207.1K0.0%New

Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.