Leuthold Group 13F annual report

Leuthold Group is an investment fund managing more than $865 billion ran by Glenn Larson. There are currently 180 companies in Mr. Larson’s portfolio. The largest investments include Microsoft and Lam Research, together worth $51.3 billion.

$865 billion Assets Under Management (AUM)

As of 5th August 2024, Leuthold Group’s top holding is 66,053 shares of Microsoft currently worth over $29.5 billion and making up 3.4% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Leuthold Group owns more than approximately 0.1% of the company. In addition, the fund holds 20,497 shares of Lam Research worth $21.8 billion, whose value fell 11.0% in the past six months. The third-largest holding is Meta Platforms Inc worth $20.6 billion and the next is Direxion Daily S&p500 Bear 1x worth $20.1 billion, with 1,711,236 shares owned.

Currently, Leuthold Group's portfolio is worth at least $865 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Leuthold Group

The Leuthold Group office and employees reside in Minneapolis, Minnesota. According to the last 13-F report filed with the SEC, Glenn Larson serves as the Chief Compliance Officer at Leuthold Group.

Recent trades

In the most recent 13F filing, Leuthold Group revealed that it had opened a new position in Simplify Mbs Etf and bought 185,792 shares worth $9.36 billion.

The investment fund also strengthened its position in Ishares 5-10yr Investment Grad by buying 125,634 additional shares. This makes their stake in Ishares 5-10yr Investment Grad total 389,904 shares worth $20 billion.

On the other hand, there are companies that Leuthold Group is getting rid of from its portfolio. Leuthold Group closed its position in CRH Plc on 12th August 2024. It sold the previously owned 103,981 shares for $7.19 billion. Glenn Larson also disclosed a decreased stake in Microsoft by approximately 0.1%. This leaves the value of the investment at $29.5 billion and 66,053 shares.

One of the average hedge funds

The two most similar investment funds to Leuthold Group are Long Focus Capital Management and Rmr Wealth Builders. They manage $866 billion and $866 billion respectively.


Glenn Larson investment strategy

Leuthold Group’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Technology — making up 22.0% of the total portfolio value. The fund focuses on investments in the United States as 51.7% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 34% of the total holdings value. On the other hand, small-cap stocks make up only 5.0% of the portfolio. The average market cap of the portfolio companies is close to $100 billion.

The complete list of Leuthold Group trades based on 13F SEC filings

These positions were updated on August 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Microsoft Corporation
1.09%
66,053
$29,522,388,000 3.41%
Lam Research Corp.
24.61%
20,497
$21,826,230,000 2.52%
Meta Platforms Inc
1.10%
40,895
$20,620,077,000 2.38%
Direxion Daily S&p500 Bear 1x
1.17%
1,711,236
$20,141,248,000 2.33%
Ishares 5-10yr Investment Grad
47.54%
389,904
$19,986,479,000 2.31%
Apple Inc
1.10%
93,601
$19,714,243,000 2.28%
Applied Materials Inc.
16.47%
77,714
$18,339,727,000 2.12%
Alphabet Inc
1.09%
96,280
$17,537,402,000 2.03%
Technology Select Sector Spdr
10.71%
73,017
$16,518,636,000 1.91%
Ishares International Treasury
7.71%
401,174
$15,489,328,000 1.79%
PulteGroup Inc
1.09%
114,618
$12,619,442,000 1.46%
iShares MBS ETF
2.84%
131,587
$12,081,002,000 1.40%
Proshares Short Russell2000
2.36%
568,981
$11,840,495,000 1.37%
iShares 1-3 Year Treasury Bond ETF
3.37%
143,792
$11,740,617,000 1.36%
Netflix Inc.
1.09%
16,741
$11,298,166,000 1.31%
Oracle Corp.
1.08%
78,862
$11,135,314,000 1.29%
KLA Corp.
25.85%
13,456
$11,094,607,000 1.28%
Communication Services Select
17.76%
126,505
$10,836,418,000 1.25%
Financial Select Sector Spdr Tr
399.60%
258,766
$10,637,870,000 1.23%
D.r. Horton Inc.
1.09%
75,112
$10,585,534,000 1.22%
Mckesson Corporation
1.09%
17,907
$10,458,404,000 1.21%
United Rentals, Inc.
1.10%
16,038
$10,372,256,000 1.20%
Simplify Mbs Etf
Opened
185,792
$9,356,485,000 1.08%
Spdr Intermediate Term Corpora
Opened
283,083
$9,217,182,000 1.07%
Reinsurance Group Of America I
1.10%
44,226
$9,078,271,000 1.05%
Exxon Mobil Corp.
1.38%
78,368
$9,021,724,000 1.04%
Unitedhealth Group Inc
30.56%
17,547
$8,935,985,000 1.03%
Spdr Bloomberg Barclays Intern
9.06%
413,245
$8,855,840,000 1.02%
Toll Brothers Inc.
1.52%
76,480
$8,808,966,000 1.02%
Ishares S&p 500 Fund
0.01%
15,765
$8,627,081,000 1.00%
Shell Plc
1.32%
112,638
$8,130,211,000 0.94%
Mastercard Incorporated
1.08%
18,240
$8,046,758,000 0.93%
Cencora Inc.
1.10%
35,087
$7,905,101,000 0.91%
CRH Plc
Opened
102,559
$7,689,874,000 0.89%
Jabil Inc
1.09%
70,249
$7,642,389,000 0.88%
T-Mobile US, Inc.
1.09%
42,585
$7,502,625,000 0.87%
Lennar Corp.
1.57%
49,922
$7,481,810,000 0.86%
Elevance Health Inc.
10.91%
13,546
$7,340,036,000 0.85%
CRH Plc
Closed
103,981
$7,191,326,000
Everest Group Ltd.
1.58%
18,571
$7,075,922,000 0.82%
RenaissanceRe Holdings Ltd
1.09%
31,316
$6,999,439,000 0.81%
Cardinal Health, Inc.
1.09%
70,659
$6,947,193,000 0.80%
TE Connectivity Ltd
1.10%
45,495
$6,843,813,000 0.79%
Flex Ltd
1.09%
232,013
$6,842,063,000 0.79%
Godaddy Inc
Closed
64,134
$6,808,465,000
Goldman Sachs Group, Inc.
Opened
14,946
$6,760,375,000 0.78%
Akamai Technologies Inc
Closed
57,090
$6,756,602,000
United States Steel Corp.
Closed
136,181
$6,625,206,000
TJX Companies, Inc.
Opened
59,343
$6,533,664,000 0.76%
Morgan Stanley
Opened
66,828
$6,495,013,000 0.75%
HCA Healthcare Inc
8.96%
19,920
$6,399,898,000 0.74%
Okta Inc
Closed
70,408
$6,374,036,000
Aercap Holdings Nv
1.09%
68,298
$6,365,374,000 0.74%
Visa Inc
1.11%
24,222
$6,357,548,000 0.73%
JPMorgan Chase & Co.
Opened
30,159
$6,099,959,000 0.71%
Vaneck Vectors J.p. Morgan Em
6.79%
255,726
$6,081,164,000 0.70%
Meritage Homes Corp.
1.72%
37,245
$6,028,103,000 0.70%
Bank Of America Corp.
Opened
151,046
$6,007,099,000 0.69%
Ishares Core Msci Eafe Etf
No change
82,252
$5,974,785,000 0.69%
Wix.com Ltd
Closed
47,477
$5,840,621,000
Berkshire Hathaway Inc.
Opened
14,285
$5,811,138,000 0.67%
Check Point Software Tech Lt
14.47%
34,500
$5,692,500,000 0.66%
Wells Fargo & Co.
Opened
95,501
$5,671,804,000 0.66%
Adobe Inc
1.09%
9,801
$5,444,848,000 0.63%
Ishares 0-5 Year High Yield Co
68.99%
128,392
$5,418,142,000 0.63%
Ishares 0-5 Year Tips Bond Etf
Closed
54,897
$5,412,295,000
Comcast Corp.
0.93%
137,816
$5,396,875,000 0.62%
Wesco International, Inc.
1.56%
33,799
$5,357,817,000 0.62%
Ross Stores, Inc.
Opened
36,373
$5,285,724,000 0.61%
Spdr Barclays International Co
0.71%
183,479
$5,268,599,000 0.61%
Schlumberger Ltd.
Closed
97,857
$5,092,478,000
Cisco Systems, Inc.
0.93%
105,665
$5,020,144,000 0.58%
Eagle Materials Inc.
1.36%
22,197
$4,826,960,000 0.56%
Tenet Healthcare Corp.
7.91%
36,215
$4,817,681,000 0.56%
Martin Marietta Materials, Inc.
1.10%
8,828
$4,783,010,000 0.55%
Charter Communications Inc.
Closed
12,034
$4,677,375,000
Baker Hughes Company
Closed
136,045
$4,650,018,000
Taylor Morrison Home Corp. Cla
1.10%
83,810
$4,646,426,000 0.54%
Canadian Imperial Bank Of Comm
Opened
96,757
$4,599,828,000 0.53%
Caterpillar Inc.
1.12%
13,733
$4,574,462,000 0.53%
Paccar Inc.
1.10%
43,975
$4,526,787,000 0.52%
Ishares 7-10 Year Treasury Bon
59.27%
48,045
$4,499,414,000 0.52%
Invesco Currencyshares Euro
0.55%
45,360
$4,488,826,000 0.52%
KB Home
1.68%
63,547
$4,459,728,000 0.52%
Centene Corp.
13.56%
67,185
$4,454,366,000 0.51%
Ishares Dj Us Home Constructio
4.84%
43,963
$4,442,901,000 0.51%
Steel Dynamics Inc.
Closed
36,907
$4,358,717,000
Nomura Holdings Inc.
Opened
751,536
$4,343,878,000 0.50%
Fortinet Inc
0.93%
71,850
$4,330,400,000 0.50%
Tenaris S.A.
Closed
124,315
$4,321,189,000
Vanguard Russell 1000 Value Et
No change
56,148
$4,299,252,000 0.50%
Summit Materials Inc
1.34%
117,382
$4,297,355,000 0.50%
Universal Health Services, Inc.
Opened
23,215
$4,293,150,000 0.50%
CarGurus Inc
3.86%
162,791
$4,265,124,000 0.49%
Halliburton Co.
Closed
117,451
$4,245,854,000
Match Group Inc.
3.69%
135,856
$4,127,305,000 0.48%
Invesco Currencyshares Japan
279.46%
71,501
$4,113,095,000 0.48%
M.D.C. Holdings, Inc.
Closed
73,759
$4,075,185,000
LKQ Corp
1.33%
94,252
$3,919,941,000 0.45%
Qualys Inc
1.08%
27,443
$3,913,372,000 0.45%
Spdr Barclays Short Term High
80.73%
152,469
$3,807,151,000 0.44%
AT&T Inc.
Opened
197,214
$3,768,760,000 0.44%
Ishares Core Total U.s. Bond M
No change
38,742
$3,760,686,000 0.43%
Nucor Corp.
Closed
20,872
$3,632,563,000
Cemex S.a.b. De C.v.
1.09%
565,846
$3,615,756,000 0.42%
Brink's Co.
Closed
40,755
$3,584,402,000
TripAdvisor Inc.
Closed
163,493
$3,520,004,000
Deere & Co.
0.93%
9,379
$3,504,276,000 0.41%
MKS Instruments, Inc.
Closed
33,390
$3,434,829,000
Industrial Select Sector Spdr
19.21%
28,146
$3,430,153,000 0.40%
Select Medical Holdings Corpor
Opened
96,787
$3,393,352,000 0.39%
Brady Corp.
Closed
57,764
$3,390,169,000
Gap, Inc.
Opened
141,726
$3,385,834,000 0.39%
Hartford Financial Services Gr
Opened
32,770
$3,294,696,000 0.38%
Allison Transmission Holdings Inc
1.09%
43,225
$3,280,778,000 0.38%
Vanguard Short-term Corporate
53.13%
42,291
$3,268,037,000 0.38%
Assurant Inc
Opened
19,639
$3,264,984,000 0.38%
Dolby Laboratories Inc
10.26%
41,075
$3,254,372,000 0.38%
M&t Bank Corp.
Opened
21,290
$3,222,454,000 0.37%
Textainer Group Holdings Ltd S
Closed
64,669
$3,181,715,000
Markel Corp.
Opened
1,985
$3,127,685,000 0.36%
NMI Holdings Inc
Opened
91,566
$3,116,907,000 0.36%
Old National Bancorp
Opened
178,803
$3,073,624,000 0.36%
Encompass Health Corp
Opened
35,261
$3,025,041,000 0.35%
Humana Inc.
56.19%
8,050
$3,007,883,000 0.35%
American Eagle Outfitters Inc.
Opened
150,295
$2,999,888,000 0.35%
Radian Group, Inc.
Opened
96,001
$2,985,631,000 0.35%
Ishares U.s. Healthcare Provid
432.22%
56,942
$2,984,900,000 0.34%
Boise Cascade Co
1.50%
24,874
$2,965,478,000 0.34%
Chubb Limited
Opened
11,596
$2,957,908,000 0.34%
IAC Inc
1.09%
62,733
$2,939,041,000 0.34%
NOV Inc
Closed
144,631
$2,933,117,000
GMS Inc
1.54%
36,177
$2,916,228,000 0.34%
Shutterstock Inc
4.06%
73,138
$2,830,441,000 0.33%
Urban Outfitters, Inc.
Opened
67,289
$2,762,213,000 0.32%
Yelp Inc
6.46%
73,018
$2,698,015,000 0.31%
Rush Enterprises Inc
1.33%
64,025
$2,680,727,000 0.31%
Terex Corp.
9.22%
48,665
$2,668,789,000 0.31%
Caleres Inc
Opened
71,162
$2,391,043,000 0.28%
Ishares Msci Emerging Markets
0.01%
40,204
$2,380,077,000 0.28%
Health Care Select Sector Spdr
45.36%
15,742
$2,294,397,000 0.27%
Spdr S&p Retail Etf
Opened
29,773
$2,232,380,000 0.26%
Progress Software Corp.
13.24%
38,726
$2,101,273,000 0.24%
Cummins Inc.
0.91%
7,366
$2,039,866,000 0.24%
Liberty Energy Inc
Closed
110,259
$2,000,098,000
Fidelity Covington Trust
4.57%
76,534
$1,920,238,000 0.22%
Nextracker Inc.
Opened
40,415
$1,894,655,000 0.22%
AGCO Corp.
15.65%
16,620
$1,626,766,000 0.19%
Spdr S&p Semiconductor Etf
Closed
6,548
$1,471,925,000
Invesco S&p 500 Equal Weight C
7.70%
29,301
$1,407,620,000 0.16%
MSC Industrial Direct Co., Inc.
1.08%
17,428
$1,382,215,000 0.16%
Spdr S&p Homebuilders Etf
5.59%
13,023
$1,316,365,000 0.15%
Ishares Jpmorgan Usd Emerging
89.42%
14,587
$1,290,658,000 0.15%
Spdr Portfolio Long Term Treas
3.45%
46,278
$1,259,687,000 0.15%
Ishares U.s. Oil Equipment & S
Closed
55,146
$1,208,800,000
Vanguard Short-term Inflation-
73.41%
23,582
$1,144,670,000 0.13%
Ishares 20 Year Treasury Bond
Closed
10,926
$1,080,363,000
Spdr S&p Metals & Mining Etf
Closed
17,267
$1,033,085,000
Spdr S&p Software & Services E
Closed
6,574
$988,269,000
Canadian Natural Resources Ltd.
89.07%
26,200
$932,720,000 0.11%
Ishares U.s. Insurance Etf
Closed
9,054
$906,530,000
Spdr Bloomberg Barclays 1-3 Mo
Closed
9,720
$888,311,000
Energy Select Sector Spdr Fund
113.74%
9,253
$843,411,000 0.10%
Aberdeen Standard Bloomberg Al
No change
40,427
$821,881,000 0.09%
PTC Inc
Closed
4,644
$812,514,000
EOG Resources, Inc.
5.45%
6,233
$784,548,000 0.09%
Vanguard Short-term Treasury E
No change
13,027
$755,436,000 0.09%
Ishares Msci Global Metals & M
Closed
13,976
$601,946,000
Tri Pointe Group Inc
5.46%
15,919
$592,983,000 0.07%
Wipro Ltd. Ads
Closed
101,853
$567,321,000
Cognizant Technology Solutions Corp.
Closed
7,407
$559,451,000
Consumer Discretionary Select
2.42%
2,831
$516,374,000 0.06%
Dropbox Inc
Closed
17,495
$515,753,000
Archer Daniels Midland Co.
Closed
6,887
$497,379,000
Molina Healthcare Inc
Closed
1,332
$481,265,000
AMKOR Technology Inc.
5.46%
11,834
$473,597,000 0.05%
Chord Energy Corp.
5.48%
2,813
$471,684,000 0.05%
Marvell Technology Inc
Closed
7,779
$469,151,000
Suncor Energy, Inc.
5.46%
11,523
$439,026,000 0.05%
General Motors Company
5.50%
9,145
$424,877,000 0.05%
Bunge Ltd.
Closed
3,969
$400,671,000
UBS Group AG
Opened
13,384
$395,363,000 0.05%
Old Republic International Cor
5.46%
12,793
$395,304,000 0.05%
Interdigital Inc
Closed
3,515
$381,518,000
Intel Corp.
Closed
7,507
$377,227,000
Mizuho Financial Group, Inc.
5.46%
88,931
$376,178,000 0.04%
Raymond James Financial, Inc.
Opened
2,946
$364,155,000 0.04%
Deutsche Bank AG
Opened
22,704
$361,902,000 0.04%
Ingredion Inc
Closed
3,308
$359,017,000
Axis Capital Holdings Ltd
5.47%
4,996
$352,967,000 0.04%
Valero Energy Corp.
Opened
2,236
$350,515,000 0.04%
APA Corporation
5.46%
11,830
$348,275,000 0.04%
Banco Santander S.A.
5.46%
74,689
$345,810,000 0.04%
Eni S.p.a.
5.46%
10,634
$327,421,000 0.04%
Loews Corp.
Opened
4,333
$323,848,000 0.04%
Amdocs Ltd
Closed
3,641
$320,007,000
National Healthcare Corporatio
Opened
2,951
$319,888,000 0.04%
Pdd Holdings Inc. Sponsored Ad
Opened
2,404
$319,612,000 0.04%
Petroleo Brasileiro Sa Petro
5.46%
21,663
$313,897,000 0.04%
Skyworks Solutions, Inc.
Closed
2,735
$307,469,000
Diodes, Inc.
Closed
3,801
$306,057,000
Andersons Inc.
Closed
5,170
$297,482,000
Baidu Inc
Opened
3,404
$294,378,000 0.03%
Ternium S.a. Sponsored Adr
5.47%
7,592
$285,080,000 0.03%
Barclays plc
5.46%
26,309
$281,769,000 0.03%
EBay Inc.
Opened
5,203
$279,505,000 0.03%
Commercial Metals Co.
5.46%
4,776
$262,632,000 0.03%
HF Sinclair Corporation
Opened
4,880
$260,299,000 0.03%
Citigroup Inc
5.46%
4,034
$255,998,000 0.03%
Oshkosh Corp
Opened
2,327
$251,781,000 0.03%
Jd.com, Inc. Sponsored Adr Cla
Opened
9,636
$248,994,000 0.03%
Comerica, Inc.
Opened
4,754
$242,644,000 0.03%
Interactive Brokers Group Inc
Opened
1,911
$234,289,000 0.03%
Logitech International S.A.
Opened
2,356
$228,249,000 0.03%
Ishares Edge Msci Usa Quality
Opened
1,328
$226,769,000 0.03%
Hewlett Packard Enterprise Co
Opened
10,666
$225,799,000 0.03%
Fresh Del Monte Produce Inc
Closed
8,567
$224,884,000
Invesco NASDAQ 100 ETF
Opened
1,139
$224,508,000 0.03%
Arcelormittal Sa Adr
5.47%
9,772
$224,072,000 0.03%
Western Digital Corp.
Opened
2,926
$221,703,000 0.03%
iShares MSCI ACWI ETF
Opened
1,931
$217,044,000 0.03%
REV Group Inc
Opened
8,543
$212,635,000 0.02%
Dell Technologies Inc
Opened
1,527
$210,589,000 0.02%
Ingles Markets, Inc.
Closed
2,429
$209,793,000
Schwab Fundamental Internation
Opened
5,867
$205,521,000 0.02%
Invesco Currencyshares Canadia
Closed
2,760
$203,909,000
A10 Networks Inc
Closed
14,745
$194,192,000
Gerdau S.A.
13.45%
48,828
$161,132,000 0.02%
Ziprecruiter, Inc.
Opened
12,248
$111,334,000 0.01%
No transactions found
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