Leuthold Group Portfolio holdings

AUM $770M

This Quarter Return

+2.97%

1 Year Return

+13.31%

3 Year Return

+58.07%

5 Year Return

+205.68%

10 Year Return

+411.21%

AUM

$770M

AUM Growth

-$62.5M (-8%)

Cap. Flow

-$70.7M

Cap. Flow % of AUM

-9.19%

Top 10 Holdings %Top 10 Hldgs %

19.76%

Holding

243

New

Increased

Reduced

127

Closed

Top Buys

1	SPDR Bloomberg Barclays International Treasury Bond ETF BWX	$9.04M
2	VeriSign VRSN	$5.5M
3	Direxion Daily S&P 500 Bear 1X Shares SPDN	$5.39M
4	Laureate Education LAUR	$4.41M
5	GoDaddy GDDY	$4.3M

Top Sells

1	iShares 5-10 Year Investment Grade Corporate Bond ETF IGIB	$9.67M
2	Reinsurance Group of America RGA	$8.89M
3	iShares 1-3 Year International Treasury Bond ETF IGOV	$7.71M
4	RenaissanceRe RNR	$7.28M
5	TJX Companies TJX	$6.63M

Sector Composition

1	Financials	18.64%
2	Technology	17.1%
3	Communication Services	10.83%
4	Healthcare	7.04%
5	Consumer Discretionary	6.62%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 iShares 1-3 Year International Treasury Bond ETF IGOV $1.29B	$7.96M	1.03%	201,951 -195,680	-49%	-$7.71M
27	27 The Communication Services Select Sector SPDR Fund XLC $23.8B	$7.85M	1.02%	81,414 -8,643	-10%	-$834K
28	28 Kinross Gold KGC $19.7B	$7.74M	1.01%	613,891 -24,709	-4%	-$312K
29	29 Visa V $697B	$7.73M	1%	22,062 -1,506	-6%	-$528K
30	30 JPMorgan Chase JPM $821B	$7.7M	1%	31,398 -2,224	-7%	-$546K
31	31 Check Point Software Technologies CHKP $23.9B	$7.41M	0.96%	32,530 -2,117	-6%	-$483K
32	32 Technology Select Sector SPDR Fund XLK $83.2B	$7.26M	0.94%	35,157 -8,525	-20%	-$1.76M
33	33 iShares 5-10 Year Investment Grade Corporate Bond ETF IGIB $15.6B	$7.18M	0.93%	136,656 -184,053	-57%	-$9.67M
34	34 AT&T T $200B	$6.76M	0.88%	239,192 -18,285	-7%	-$517K
35	35 Flex FLEX $18.7B	$6.65M	0.86%	200,996 -14,037	-7%	-$464K
36	36 Bank of America BAC $360B	$6.62M	0.86%	158,678 -11,026	-7%	-$460K
37	37 iShares 7-10 Year Treasury Bond ETF IEF $34.9B	$6.6M	0.86%	69,157 +24,079	+53%	+$2.3M
38	38 Simplify MBS ETF MTBA $1.39B	$6.21M	0.81%	123,933 -53,812	-30%	-$2.7M
39	39 Toll Brothers TOL $12.1B	$6.2M	0.81%	58,731 -8,112	-12%	-$857K
40	40 Invesco CurrencyShares Japanese Yen Trust FXY $768M	$6.19M	0.8%	100,651 +31,544	+46%	+$1.94M
41	41 HCA Healthcare HCA $80.4B	$6.17M	0.8%	17,852 -1,177	-6%	-$407K
42	42 Deutsche Bank DB $64.5B	$6.1M	0.79%	255,844 -14,036	-5%	-$334K
43	43 Fortinet FTNT $80.2B	$6.04M	0.78%	62,729 -4,326	-6%	-$416K
44	44 Citigroup C $177B	$5.75M	0.75%	81,037 -4,657	-5%	-$331K
45	45 iShares MBS ETF MBB $39B	$5.69M	0.74%	60,708 -66,579	-52%	-$6.24M
46	46 iShares Core MSCI EAFE ETF IEFA $146B	$5.67M	0.74%	74,909 +414	+0.6%	+$31.3K
47	47 TE Connectivity TEL $61.6B	$5.57M	0.72%	39,396 -2,792	-7%	-$395K
48	48 VeriSign VRSN $28.6B	$5.5M	0.71%	+21,670	New	+$5.5M
49	49 VanEck JP Morgan EM Local Currency Bond ETF EMLC $3.55B	$5.23M	0.68%	219,399 -26,349	-11%	-$629K
50	50 Walt Disney DIS $218B	$5.21M	0.68%	52,750 -3,405	-6%	-$336K