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Portfolio (Quarterly) Guide ↗

LEUTHOLD GROUP, LLC

· CIK 0001170152
13F Portfolio $926M AUM Filed Feb 5, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 207 New
Page 2 of 11  ·  207 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 JPM JPMorgan Chase & Co. Financial Services 32,188.0 $10.4M 1.12% NEW $322.22 -6.7%
22 IGOV iShares International Treasury 248,737.0 $10.4M 1.12% NEW $41.66 -1.5%
23 VTIP Vanguard Short-Term Inflation- 209,416.0 $10.4M 1.12% NEW $49.46 +1.7%
24 IAG Iamgold Corporation Basic Materials 613,738.0 $10.1M 1.09% NEW $16.49 +3.0%
25 DB Deutsche Bank AG Financial Services 261,209.0 $10.1M 1.09% NEW $38.56 -18.7%
26 C Citigroup Inc. Financial Services 83,338.0 $9.7M 1.05% NEW $116.69 +2.8%
27 UNH UnitedHealth Group Inc. Healthcare 28,134.0 $9.3M 1.00% NEW $330.11 +18.5%
28 XLF Financial Select Sector SPDR F 167,820.0 $9.2M 0.99% NEW $54.77 -6.7%
29 TEL TE Connectivity Ltd. Technology 40,355.0 $9.2M 0.99% NEW $227.51 -11.9%
30 IVV iShares S&P 500 Fund 13,073.0 $9.0M 0.97% NEW $684.94 +7.6%
31 BAC Bank of America Corp. Financial Services 162,286.0 $8.9M 0.96% NEW $55.00 -7.8%
32 MA Mastercard Inc. Cl A Financial Services 15,619.0 $8.9M 0.96% NEW $570.88 -11.4%
33 HCA HCA Healthcare Inc Healthcare 17,927.0 $8.4M 0.90% NEW $466.86 -9.4%
34 BCS Barclays PLC ADR Financial Services 328,653.0 $8.4M 0.90% NEW $25.45 -11.1%
35 SPDR Barclays International Co 255,293.0 $8.2M 0.89% NEW $32.11
36 IGIB iShares 5-10yr Investment Grad 148,747.0 $8.0M 0.86% NEW $53.88 -2.6%
37 ELV Elevance Health Inc. Healthcare 22,531.0 $7.9M 0.85% NEW $350.55 +12.4%
38 MGA Magna International Inc. Consumer Cyclical 147,172.0 $7.8M 0.85% NEW $53.30 +11.8%
39 CM Canadian Imperial Bank of Comm Financial Services 86,430.0 $7.8M 0.85% NEW $90.61 +23.9%
40 MBB iShares MBS ETF 81,963.0 $7.8M 0.84% NEW $95.22 -2.2%
Page 2 of 11  ·  207 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 24.1%
Healthcare 21.4%
Technology 19.0%
Industrials 10.8%
Basic Materials 7.6%
Consumer Cyclical 7.5%
Communication Services 5.4%
Consumer Defensive 2.1%
Energy 1.9%
Utilities 0.1%