Fund Holdings

LEUTHOLD GROUP, LLC

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
Vanguard Mortgage-Backed Secur0167,597+167,59707,870,3550.86%+7,870,355
Primoris Services Corporation(PRIM)3,37548,947+45,572263,0486,721,8920.74%+6,458,844
Kinross Gold Corporation(KGC)604,396609,931+5,5359,446,70915,156,7851.66%+5,710,076
Aptiv PLC(APTV)061,713+61,71305,320,8950.58%+5,320,895
Magna International Inc.(MGA)10,042116,279+106,237387,7225,509,2990.60%+5,121,577
Alphabet Inc. Cl A(GOOG)67,49369,857+2,36411,894,29116,982,2371.86%+5,087,946
Vertex Pharmaceuticals Inc.(VRTX)012,843+12,84305,029,8330.55%+5,029,833
Autoliv Inc.(ALV)2,97642,239+39,263333,0145,216,5170.57%+4,883,503
Amgen Inc.(AMGN)017,006+17,00604,799,0930.53%+4,799,093
Gilead Sciences Inc.(GILD)042,636+42,63604,732,5960.52%+4,732,596
Iamgold Corporation(IAG)818,737822,615+3,8786,017,71710,636,4121.16%+4,618,695
Oracle Corp.(ORCL)67,38867,756+36814,733,03819,055,6972.08%+4,322,659
Perdoceo Education Corporation(PRDO)16,690119,330+102,640545,5964,493,9680.49%+3,948,372
AECOM(ACM)026,265+26,26503,426,7950.37%+3,426,795
Regeneron Pharmaceuticals Inc.(REGN)06,044+6,04403,398,3600.37%+3,398,360
Garrett Motion Inc(GTX)0244,565+244,56503,330,9750.36%+3,330,975
Netgear Inc0102,166+102,16603,309,1570.36%+3,309,157
Biogen Inc.(BIIB)023,517+23,51703,294,2610.36%+3,294,261
NetScout Systems, Inc.(NTCT)0123,840+123,84003,198,7870.35%+3,198,787
United Therapeutics Corp.(UTHR)07,546+7,54603,163,3590.35%+3,163,359
Visteon Corp(VC)026,183+26,18303,138,2940.34%+3,138,294
Lear Corp.(LEA)2,70133,576+30,875256,5413,378,0810.37%+3,121,540
Goodyear Tire & Rubber Co.(GT)0377,119+377,11902,820,8500.31%+2,820,850
Equinox Gold Corp.(EQX)505,518502,870-2,6482,906,7295,642,2010.62%+2,735,472
Invesco S&P 500 Equal Weight C23,80568,409+44,6041,266,6643,947,1990.43%+2,680,535
United Rentals Inc.(URI)12,88312,865-189,706,05212,281,7011.34%+2,575,649
D.R. Horton Inc.(DHI)58,93858,848-907,598,2879,972,9711.09%+2,374,684
PulteGroup Inc.(PHM)89,26889,134-1349,414,20311,777,2751.29%+2,363,072
Agnico-Eagle Mines Ltd.(AEM)46,80546,837+325,566,5197,894,8450.86%+2,328,326
TE Connectivity Ltd.(TEL)38,81240,174+1,3626,546,4208,819,3980.96%+2,272,978
Flex Ltd.(FLEX)197,916204,860+6,9449,879,96711,875,7341.30%+1,995,767
Goldman Sachs Group Inc.(GS)17,38517,953+56812,304,23414,296,8721.56%+1,992,638
Laureate Education Inc(LAUR)212,592219,483+6,8914,970,4016,922,4940.76%+1,952,093
Microsoft Corp.(MSFT)50,26952,037+1,76825,004,30326,952,5642.95%+1,948,261
iShares NASDAQ Biotechnology I012,903+12,90301,862,8060.20%+1,862,806
Deutsche Bank AG252,216260,333+8,1177,384,8849,218,3921.01%+1,833,508
iShares MBS ETF66,83284,496+17,6646,274,8568,039,7940.88%+1,764,938
Citigroup Inc.(C)80,14882,996+2,8486,822,1988,424,0940.92%+1,601,896
Morgan Stanley(MS)67,64669,864+2,2189,528,61611,105,5811.22%+1,576,965
Adtalem Global Education Inc.(CVSA)48,48850,072+1,5846,169,1287,733,6200.85%+1,564,492
Eldorado Gold Corp.(EGO)171,214174,370+3,1563,482,4935,037,5490.55%+1,555,056
Toll Brothers Inc.(TOL)54,13954,057-826,178,8847,467,4340.82%+1,288,550
Pan American Silver Corp.(PAAS)123,572122,339-1,2333,509,4454,738,1890.52%+1,228,744
F5 Networks Inc.(FFIV)18,41320,534+2,1215,419,3146,636,3830.73%+1,217,069
SPDR Intermediate Term Corpora388,529420,225+31,69613,046,80414,241,4251.56%+1,194,621
JPMorgan Chase & Co.(JPM)30,88231,963+1,0818,953,00110,082,0891.10%+1,129,088
McKesson Corp.(MCK)15,45315,998+54511,323,64912,359,0951.35%+1,035,446
Maximus Inc.(MMS)38,59540,707+2,1122,709,3693,719,3990.41%+1,010,030
Tenet Healthcare Corporation(THC)28,85729,872+1,0155,078,8326,065,2110.66%+986,379
Canadian Imperial Bank of Comm(CM)83,37686,142+2,7665,905,5226,881,8840.75%+976,362
Bank of America Corp.156,268161,751+5,4837,394,6028,344,7340.91%+950,132
Dycom Industries Inc(DY)15,39316,070+6773,761,8954,688,5830.51%+926,688
HCA Healthcare Inc(HCA)15,60616,155+5495,978,6596,885,2610.75%+906,602
Barclays PLC ADR317,243327,524+10,2815,897,5476,769,9210.74%+872,374
Expedia Group, Inc.(EXPE)16,23316,800+5672,738,1823,591,0000.39%+852,818
Sanmina Corporation(SANM)36,20837,492+1,2843,542,2294,315,7040.47%+773,475
Cisco Systems Inc.(CSCO)123,562136,101+12,5398,572,7329,312,0301.02%+739,298
WNS (Holdings) Limited Sponsor41,64443,904+2,2602,633,5673,348,5580.37%+714,991
Cencora Inc.29,85830,903+1,0458,952,9219,658,1151.06%+705,194
Raymond James Financial Inc(RJF)26,61627,455+8394,082,0964,738,7330.52%+656,637
Meta Platforms Inc. Class A(META)29,55630,592+1,03621,814,98822,466,1532.46%+651,165
iShares 5-10yr Investment Grad143,077152,802+9,7257,624,5738,265,0600.90%+640,487
Technology Select Sector SPDR38,89337,048-1,8459,848,87410,442,3491.14%+593,475
Norwegian Cruise Line Holdings107,021110,778+3,7572,170,3862,728,4620.30%+558,076
Universal Health Services Inc.(UHS)18,06918,698+6293,273,1993,822,6190.42%+549,420
Travel Leisure Co.(TNL)52,91354,772+1,8592,730,8403,258,3860.36%+527,546
ASML Holding N.V.0526+5260509,2150.06%+509,215
PNC Financial Services Group I(PNC)23,14023,979+8394,313,7594,818,1000.53%+504,341
Uber Technologies, Inc.(UBER)61,33563,508+2,1735,722,5566,221,8790.68%+499,323
SS&C Technologies Holdings, In(SSNC)48,01250,387+2,3753,975,3944,472,3500.49%+496,956
Applied Materials Inc.02,411+2,4110493,6280.05%+493,628
CarGurus, Inc. Class A(CARG)131,549131,359-1904,402,9454,890,4960.54%+487,551
iShares S&P 500 Fund14,65814,298-3609,101,1529,569,6511.05%+468,499
Assurant Inc.(AIZ)16,78017,371+5913,313,8823,762,5590.41%+448,677
U.S. Bancorp(USB)91,34794,679+3,3324,133,4524,575,8360.50%+442,384
Mastercard Inc. Cl A(MA)15,10215,630+5288,486,4188,890,5000.97%+404,082
Jabil Inc.(JBL)59,90062,003+2,10313,064,19013,465,1921.47%+401,002
Allstate Corp.(ALL)19,08919,756+6673,842,8074,240,6250.46%+397,818
Hartford Insurance Group Inc.(HIG)35,01036,145+1,1354,441,7194,821,3820.53%+379,663
CVS Health Corp.(CVS)41,14042,617+1,4772,837,8373,212,8960.35%+375,059
Consumer Discretionary Select01,564+1,5640374,7970.04%+374,797
Pearson Plc Sp Adr(PSO)025,779+25,7790365,0310.04%+365,031
Plexus Corp.(PLXS)25,08125,974+8933,393,7103,758,1780.41%+364,468
Digi International Inc.(DGII)48,79856,474+7,6761,701,0982,059,0420.23%+357,944
T-Mobile US Inc(TMUS)39,49140,772+1,2819,409,1269,760,0011.07%+350,875
United Parks & Resorts, Inc.(PRKS)54,08355,977+1,8942,550,0132,894,0110.32%+343,998
Travelers Companies, Inc.(TRV)15,90716,466+5594,255,7594,597,6370.50%+341,878
Stride, Inc.(LRN)36,99338,293+1,3005,371,0145,703,3590.62%+332,345
StoneX Group Inc.(SNEX)03,264+3,2640329,4030.04%+329,403
MKS Instruments Inc.(MKSI)02,589+2,5890320,4410.04%+320,441
Amkor Technology Inc.010,981+10,9810311,8600.03%+311,860
Lazard Ltd.(LAZ)05,594+5,5940295,2510.03%+295,251
Granite Construction Inc.(GVA)02,673+2,6730293,0940.03%+293,094
Bread Financial Holdings, Inc.05,144+5,1440286,8810.03%+286,881
Frontdoor, Inc.(FTDR)65,53161,594-3,9373,862,3974,144,6600.45%+282,263
Viavi Solutions Inc.(VIAV)021,780+21,7800276,3880.03%+276,388
Encompass Health Corporation(EHC)30,01631,064+1,0483,680,8623,945,7490.43%+264,887
InterDigital Inc.(IDCC)2,0712,0710464,380714,9710.08%+250,591
Photronics Inc.(PLAB)010,870+10,8700249,4670.03%+249,467
The Hanover Insurance Group In(THG)13,75114,229+4782,335,8822,584,4130.28%+248,531
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