LEUTHOLD GROUP, LLC
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| FedEx Corp. | 0 | 37,713 | +37,713 | 0 | 10,893,777 | +10,893,777 |
| United Parcel Service Inc. Cl | 0 | 106,348 | +106,348 | 0 | 10,548,658 | +10,548,658 |
| UnitedHealth Group Inc. | 0 | 28,134 | +28,134 | 0 | 9,287,315 | +9,287,315 |
| Elevance Health Inc. | 0 | 22,531 | +22,531 | 0 | 7,898,242 | +7,898,242 |
| Johnson & Johnson | 0 | 31,963 | +31,963 | 0 | 6,614,743 | +6,614,743 |
| CRH public limited company | 0 | 43,668 | +43,668 | 0 | 5,449,766 | +5,449,766 |
| Bristol-Myers Squibb Co. | 0 | 101,025 | +101,025 | 0 | 5,449,289 | +5,449,289 |
| Emcor Group Inc | 0 | 8,869 | +8,869 | 0 | 5,425,966 | +5,425,966 |
| Direxion Daily S&P500 Bear 1X | 1,747,700 | 2,349,088 | +601,388 | 17,404,359 | 22,792,253 | +5,387,894 |
| Merck & Co. Inc. | 0 | 49,296 | +49,296 | 0 | 5,188,897 | +5,188,897 |
| SLB Limited | 0 | 131,906 | +131,906 | 0 | 5,062,552 | +5,062,552 |
| C.H. Robinson Worldwide | 0 | 30,656 | +30,656 | 0 | 4,928,259 | +4,928,259 |
| Granite Construction Inc. | 2,673 | 45,223 | +42,550 | 293,094 | 5,216,473 | +4,923,379 |
| GSK plc Sponsored ADR | 0 | 100,358 | +100,358 | 0 | 4,921,556 | +4,921,556 |
| Expeditors International of Wa | 0 | 32,545 | +32,545 | 0 | 4,849,530 | +4,849,530 |
| Humana Inc. | 0 | 18,186 | +18,186 | 0 | 4,657,980 | +4,657,980 |
| Sanofi SA Sponsored ADR | 0 | 93,850 | +93,850 | 0 | 4,547,971 | +4,547,971 |
| Valmont Industries Inc. | 1,061 | 11,498 | +10,437 | 411,382 | 4,625,875 | +4,214,493 |
| Alphabet Inc. Cl A | 69,857 | 67,594 | -2,263 | 16,982,237 | 21,156,922 | +4,174,685 |
| Rio Tinto PLC ADS | 0 | 50,899 | +50,899 | 0 | 4,073,447 | +4,073,447 |
| Regeneron Pharmaceuticals Inc. | 6,044 | 9,439 | +3,395 | 3,398,360 | 7,285,681 | +3,887,321 |
| Oceaneering International, Inc | 0 | 147,639 | +147,639 | 0 | 3,547,765 | +3,547,765 |
| Molina Healthcare Inc. | 0 | 20,027 | +20,027 | 0 | 3,475,486 | +3,475,486 |
| ProShares Short Russell2000 | 602,105 | 817,685 | +215,580 | 10,109,343 | 13,385,503 | +3,276,160 |
| GXO Logistics Inc | 0 | 61,244 | +61,244 | 0 | 3,223,884 | +3,223,884 |
| Hub Group Inc (Cl A) | 0 | 74,238 | +74,238 | 0 | 3,163,281 | +3,163,281 |
| Cardinal Health Inc. | 63,182 | 63,407 | +225 | 9,917,047 | 13,030,139 | +3,113,092 |
| Gap Inc. | 0 | 119,070 | +119,070 | 0 | 3,048,192 | +3,048,192 |
| Urban Outfitters Inc | 0 | 39,422 | +39,422 | 0 | 2,966,900 | +2,966,900 |
| ProShares Trust Short S&P500 | 0 | 77,821 | +77,821 | 0 | 2,803,891 | +2,803,891 |
| HudBay Minerals Inc. | 0 | 138,738 | +138,738 | 0 | 2,753,949 | +2,753,949 |
| Cisco Systems Inc. | 136,101 | 154,877 | +18,776 | 9,312,030 | 11,930,175 | +2,618,145 |
| Alcoa Inc. | 0 | 49,245 | +49,245 | 0 | 2,616,879 | +2,616,879 |
| StoneX Group Inc. | 3,264 | 30,487 | +27,223 | 329,403 | 2,900,228 | +2,570,825 |
| Garrett Motion Inc | 244,565 | 333,232 | +88,667 | 3,330,975 | 5,808,234 | +2,477,259 |
| Biogen Inc. | 23,517 | 32,589 | +9,072 | 3,294,261 | 5,735,338 | +2,441,077 |
| Vertex Pharmaceuticals Inc. | 12,843 | 16,407 | +3,564 | 5,029,833 | 7,438,278 | +2,408,445 |
| Lazard Ltd. | 5,594 | 55,271 | +49,677 | 295,251 | 2,683,960 | +2,388,709 |
| Telefonaktiebolaget LM Ericsso | 642,557 | 794,958 | +152,401 | 5,313,946 | 7,671,345 | +2,357,399 |
| Magna International Inc. | 116,279 | 147,172 | +30,893 | 5,509,299 | 7,844,268 | +2,334,969 |
| Amgen Inc. | 17,006 | 21,402 | +4,396 | 4,799,093 | 7,005,089 | +2,205,996 |
| Goodyear Tire & Rubber Co. | 377,119 | 560,093 | +182,974 | 2,820,850 | 4,906,415 | +2,085,565 |
| Lear Corp. | 33,576 | 47,513 | +13,937 | 3,378,081 | 5,444,990 | +2,066,909 |
| United Therapeutics Corp. | 7,546 | 10,672 | +3,126 | 3,163,359 | 5,199,932 | +2,036,573 |
| Gilead Sciences Inc. | 42,636 | 55,058 | +12,422 | 4,732,596 | 6,757,819 | +2,025,223 |
| NetScout Systems, Inc. | 123,840 | 179,984 | +56,144 | 3,198,787 | 4,870,367 | +1,671,580 |
| Goldman Sachs Group Inc. | 17,953 | 18,083 | +130 | 14,296,872 | 15,894,957 | +1,598,085 |
| Barclays PLC ADR | 327,524 | 328,653 | +1,129 | 6,769,921 | 8,364,219 | +1,594,298 |
| HCA Healthcare Inc | 16,155 | 17,927 | +1,772 | 6,885,261 | 8,369,399 | +1,484,138 |
| iShares U.S. Healthcare Provid | 27,810 | 57,746 | +29,936 | 1,373,536 | 2,768,459 | +1,394,923 |
| iShares US Transportation ETF | 0 | 18,029 | +18,029 | 0 | 1,343,341 | +1,343,341 |
| Sanmina Corporation | 37,492 | 37,660 | +168 | 4,315,704 | 5,651,636 | +1,335,932 |
| Morgan Stanley | 69,864 | 70,029 | +165 | 11,105,581 | 12,432,248 | +1,326,667 |
| Citigroup Inc. | 82,996 | 83,338 | +342 | 8,424,094 | 9,724,711 | +1,300,617 |
| Autoliv Inc. | 42,239 | 54,579 | +12,340 | 5,216,517 | 6,478,527 | +1,262,010 |
| Eldorado Gold Corp. | 174,370 | 174,541 | +171 | 5,037,549 | 6,269,513 | +1,231,964 |
| iShares NASDAQ Biotechnology I | 12,903 | 18,188 | +5,285 | 1,862,806 | 3,069,589 | +1,206,783 |
| Canadian Imperial Bank of Comm | 86,142 | 86,430 | +288 | 6,881,884 | 7,831,422 | +949,538 |
| iShares MSCI Global Metals & M | 0 | 18,241 | +18,241 | 0 | 936,493 | +936,493 |
| VanEck Vectors Pharmaceutical | 0 | 8,779 | +8,779 | 0 | 905,729 | +905,729 |
| Invesco Building & Constructio | 0 | 9,580 | +9,580 | 0 | 887,012 | +887,012 |
| SPDR S&P Retail ETF | 0 | 10,286 | +10,286 | 0 | 877,293 | +877,293 |
| Deutsche Bank AG | 260,333 | 261,209 | +876 | 9,218,392 | 10,072,219 | +853,827 |
| Aptiv PLC | 61,713 | 81,014 | +19,301 | 5,320,895 | 6,164,355 | +843,460 |
| Exxon Mobil Corp. | 0 | 6,774 | +6,774 | 0 | 815,183 | +815,183 |
| Health Care Select Sector SPDR | 20,300 | 23,503 | +3,203 | 2,825,151 | 3,638,264 | +813,113 |
| Cencora Inc. | 30,903 | 30,893 | -10 | 9,658,115 | 10,434,111 | +775,996 |
| McKesson Corp. | 15,998 | 16,008 | +10 | 12,359,095 | 13,131,202 | +772,107 |
| Universal Health Services Inc. | 18,698 | 21,072 | +2,374 | 3,822,619 | 4,594,117 | +771,498 |
| Dycom Industries Inc | 16,070 | 16,139 | +69 | 4,688,583 | 5,453,368 | +764,785 |
| Jabil Inc. | 62,003 | 62,315 | +312 | 13,465,192 | 14,209,066 | +743,874 |
| Visteon Corp | 26,183 | 40,502 | +14,319 | 3,138,294 | 3,851,740 | +713,446 |
| VanEck Oil Services ETF | 0 | 2,310 | +2,310 | 0 | 657,819 | +657,819 |
| CSG Systems International Inc. | 46,012 | 46,602 | +590 | 2,962,253 | 3,573,907 | +611,654 |
| Netgear Inc | 102,166 | 159,432 | +57,266 | 3,309,157 | 3,910,867 | +601,710 |
| Bank of America Corp. | 161,751 | 162,286 | +535 | 8,344,734 | 8,925,730 | +580,996 |
| Baker Hughes Company Class A | 0 | 12,366 | +12,366 | 0 | 563,148 | +563,148 |
| Flex Ltd. | 204,860 | 205,534 | +674 | 11,875,734 | 12,418,364 | +542,630 |
| U.S. Bancorp | 94,679 | 95,305 | +626 | 4,575,836 | 5,085,475 | +509,639 |
| Markel Group Inc. | 1,867 | 1,890 | +23 | 3,568,509 | 4,062,839 | +494,330 |
| America Movil S.A.B. de C.V. A | 0 | 22,545 | +22,545 | 0 | 466,005 | +466,005 |
| Select Medical Holdings Corpor | 0 | 31,264 | +31,264 | 0 | 464,270 | +464,270 |
| Tenet Healthcare Corporation | 29,872 | 32,784 | +2,912 | 6,065,211 | 6,514,836 | +449,625 |
| National HealthCare Corporatio | 0 | 3,155 | +3,155 | 0 | 432,519 | +432,519 |
| Assurant Inc. | 17,371 | 17,403 | +32 | 3,762,559 | 4,191,513 | +428,954 |
| Weatherford International plc | 0 | 5,446 | +5,446 | 0 | 426,204 | +426,204 |
| NOV Inc. | 0 | 26,851 | +26,851 | 0 | 419,681 | +419,681 |
| Digi International Inc. | 56,474 | 56,738 | +264 | 2,059,042 | 2,456,188 | +397,146 |
| TE Connectivity Ltd. | 40,174 | 40,355 | +181 | 8,819,398 | 9,181,166 | +361,768 |
| Technology Select Sector SPDR | 37,048 | 74,835 | +37,787 | 10,442,349 | 10,773,995 | +331,646 |
| ACM Research, Inc. Class A | 0 | 8,362 | +8,362 | 0 | 329,881 | +329,881 |
| White Mountains Insurance Grou | 1,206 | 1,117 | -89 | 2,015,853 | 2,321,160 | +305,307 |
| JPMorgan Chase & Co. | 31,963 | 32,188 | +225 | 10,082,089 | 10,371,617 | +289,528 |
| Innovex International, Inc. | 0 | 12,902 | +12,902 | 0 | 282,167 | +282,167 |
| FlexShares Disciplined Duratio | 0 | 13,302 | +13,302 | 0 | 276,349 | +276,349 |
| Visa Inc. | 20,768 | 20,867 | +99 | 7,089,780 | 7,318,266 | +228,486 |
| Materials Select Sector SPDR F | 0 | 5,018 | +5,018 | 0 | 227,566 | +227,566 |
| PNC Financial Services Group I | 23,979 | 24,169 | +190 | 4,818,100 | 5,044,795 | +226,695 |
| Matson, Inc. | 0 | 1,799 | +1,799 | 0 | 222,266 | +222,266 |
| Benchmark Electronics Inc. | 47,209 | 47,626 | +417 | 1,819,907 | 2,036,488 | +216,581 |