# LEUTHOLD GROUP, LLC: Form 13F holdings

An institutional investment manager in MINNEAPOLIS, MN. SEC CIK 1170152.

- Quarter ended: 2026-06-30
- Filed: 2026-08-04
- Reported value: $995.2m
- Positions: 237 (237 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1170152/000089706926001570/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| Direxion Daily S&P500 Bear 1X | COM | $26.3m | 2.6% | 3,035,510 |  | Reduced −38,612 |
| [Alphabet Inc. Cl A (GOOGL)](/companies/googl.md) | COM | $22.8m | 2.3% | 63,893 |  | Reduced −2,500 |
| Flex Ltd. | COM | $19.9m | 2.0% | 123,091 |  | Reduced −77,331 |
| [Microsoft Corp. (MSFT)](/companies/msft.md) | COM | $17.4m | 1.7% | 46,640 |  | Reduced −1,531 |
| [Cisco Systems Inc. (CSCO)](/companies/csco.md) | COM | $16.9m | 1.7% | 143,885 |  | Reduced −13,679 |
| [Jabil Inc. (JBL)](/companies/jbl.md) | COM | $15.6m | 1.6% | 40,469 |  | Reduced −18,477 |
| [Cardinal Health Inc. (CAH)](/companies/cah.md) | COM | $14.5m | 1.5% | 61,075 |  | Reduced −3,327 |
| [NVIDIA Corp. (NVDA)](/companies/nvda.md) | COM | $13.7m | 1.4% | 68,568 |  | Added +23,227 |
| [Dell Technologies Inc. Class C (DELL)](/companies/dell.md) | COM | $13.0m | 1.3% | 30,222 |  | Reduced −3,939 |
| Technology Select Sector SPDR | COM | $12.7m | 1.3% | 66,606 |  | Reduced −3,667 |
| iShares 1-3 Year Treasury Bond | COM | $12.3m | 1.2% | 149,887 |  | Reduced −7,115 |
| [Garrett Motion Inc (GTX)](/companies/gtx.md) | COM | $11.7m | 1.2% | 322,518 |  | Reduced −18,741 |
| [McKesson Corp. (MCK)](/companies/mck.md) | COM | $11.6m | 1.2% | 15,354 |  | Reduced −802 |
| [FedEx Corp. (FDX)](/companies/fdx.md) | COM | $11.5m | 1.2% | 36,855 |  | Reduced −1,605 |
| SPDR Bloomberg Barclays Intern | COM | $11.5m | 1.2% | 531,295 |  | Reduced −297,843 |
| ProShares Short Russell2000 | COM | $11.5m | 1.2% | 864,330 |  | Reduced −4,345 |
| SPDR Intermediate Term Corpora | COM | $11.3m | 1.1% | 337,668 |  | Reduced −82,557 |
| [Citigroup Inc. (C)](/companies/c.md) | COM | $11.3m | 1.1% | 80,600 |  | Reduced −4,441 |
| [United Parcel Service Inc. Cl (UPS)](/companies/ups.md) | COM | $11.2m | 1.1% | 103,834 |  | Reduced −4,711 |
| [Advanced Micro Devices Inc. (AMD)](/companies/amd.md) | COM | $10.8m | 1.1% | 18,545 |  | Added +10,709 |
| [Meta Platforms Inc. Class A (META)](/companies/meta.md) | COM | $10.8m | 1.1% | 19,101 |  | Reduced −1,028 |
| Vanguard Short-Term Inflation- | COM | $10.5m | 1.1% | 209,972 |  | Added +1,273 |
| [Kinross Gold Corporation (KGC)](/companies/kgc.md) | COM | $10.3m | 1.0% | 438,079 |  | Reduced −19,799 |
| [JPMorgan Chase & Co. (JPM)](/companies/jpm.md) | COM | $10.2m | 1.0% | 31,099 |  | Reduced −1,626 |
| iShares International Treasury | COM | $10.1m | 1.0% | 246,891 |  | Reduced −1,101 |
| iShares S&P 500 Fund | COM | $9.8m | 1.0% | 13,036 |  | Reduced −2 |
| [Canadian Imperial Bank of Comm (CM)](/companies/cm.md) | COM | $9.6m | 1.0% | 83,342 |  | Reduced −4,335 |
| [Magna International Inc. (MGA)](/companies/mga.md) | COM | $9.3m | 0.9% | 141,976 |  | Reduced −7,287 |
| [Sanmina Corporation (SANM)](/companies/sanm.md) | COM | $9.2m | 0.9% | 36,379 |  | Reduced −1,934 |
| [HCA Healthcare Inc (HCA)](/companies/hca.md) | COM | $9.0m | 0.9% | 23,005 |  | Added +4,950 |
| [Bank of America Corp. (BAC)](/companies/bac.md) | COM | $8.9m | 0.9% | 156,480 |  | Reduced −8,563 |
| [Iamgold Corporation (IAG)](/companies/iag.md) | COM | $8.8m | 0.9% | 558,547 |  | Reduced −21,927 |
| [Telefonaktiebolaget LM Ericsso (ERIC)](/companies/eric.md) | COM | $8.6m | 0.9% | 767,612 |  | Reduced −43,826 |
| [Lam Research Corp. (LRCX)](/companies/lrcx.md) | COM | $8.5m | 0.9% | 19,702 |  | Reduced −1,055 |
| [Barclays PLC ADR (BCS)](/companies/bcs.md) | COM | $8.5m | 0.9% | 316,950 |  | Reduced −16,130 |
| [Devon Energy Corp. (DVN)](/companies/dvn.md) | COM | $8.4m | 0.8% | 204,176 |  | Added +189,570 |
| [F5 Networks Inc. (FFIV)](/companies/ffiv.md) | COM | $8.4m | 0.8% | 20,249 |  | Reduced −1,210 |
| [Cencora Inc. (COR)](/companies/cor.md) | COM | $8.4m | 0.8% | 29,647 |  | Reduced −1,618 |
| [Dycom Industries Inc (DY)](/companies/dy.md) | COM | $7.9m | 0.8% | 15,719 |  | Reduced −1,023 |
| [Johnson & Johnson (JNJ)](/companies/jnj.md) | COM | $7.9m | 0.8% | 31,085 |  | Reduced −1,645 |
| [Vertex Pharmaceuticals Inc. (VRTX)](/companies/vrtx.md) | COM | $7.8m | 0.8% | 15,640 |  | Reduced −815 |
| iShares MBS ETF | COM | $7.6m | 0.8% | 80,658 |  | Reduced −789 |
| iShares 5-10yr Investment Grad | COM | $7.6m | 0.8% | 142,552 |  | Reduced −5,175 |
| [NetScout Systems, Inc. (NTCT)](/companies/ntct.md) | COM | $7.6m | 0.8% | 173,744 |  | Reduced −9,134 |
| [Plexus Corp. (PLXS)](/companies/plxs.md) | COM | $7.5m | 0.8% | 25,054 |  | Reduced −1,368 |
| [Amgen Inc. (AMGN)](/companies/amgn.md) | COM | $7.4m | 0.7% | 20,512 |  | Reduced −1,086 |
| iShares TIPS Bond ETF | COM | $7.2m | 0.7% | 66,153 |  | New +66,153 |
| [Emcor Group Inc (EME)](/companies/eme.md) | COM | $7.2m | 0.7% | 8,701 |  | Reduced −465 |
| [Laureate Education Inc (LAUR)](/companies/laur.md) | COM | $7.1m | 0.7% | 196,485 |  | Reduced −10,833 |
| iShares 7-10 Year Treasury Bon | COM | $7.1m | 0.7% | 74,708 |  | Reduced −732 |
| [Granite Construction Inc. (GVA)](/companies/gva.md) | COM | $6.9m | 0.7% | 43,371 |  | Reduced −2,208 |
| [Biogen Inc. (BIIB)](/companies/biib.md) | COM | $6.8m | 0.7% | 31,489 |  | Reduced −1,654 |
| [Gilead Sciences Inc. (GILD)](/companies/gild.md) | COM | $6.7m | 0.7% | 53,031 |  | Reduced −3,060 |
| [Elevance Health Inc. (ELV)](/companies/elv.md) | COM | $6.7m | 0.7% | 17,304 |  | New +17,304 |
| iShares 0-5 Year TIPS Bond ETF | COM | $6.5m | 0.7% | 64,077 |  | New +64,077 |
| [Valmont Industries Inc. (VMI)](/companies/vmi.md) | COM | $6.4m | 0.6% | 11,137 |  | Reduced −483 |
| iShares Core MSCI EAFE ETF | COM | $6.4m | 0.6% | 66,478 |  | Reduced −6 |
| [Mastercard Inc. Cl A (MA)](/companies/ma.md) | COM | $6.3m | 0.6% | 12,303 |  | Reduced −27 |
| [Lear Corp. (LEA)](/companies/lea.md) | COM | $6.1m | 0.6% | 45,864 |  | Reduced −2,358 |
| [Merck & Co. Inc. (MRK)](/companies/mrk.md) | COM | $6.1m | 0.6% | 47,803 |  | Reduced −2,607 |
| [Autoliv Inc. (ALV)](/companies/alv.md) | COM | $6.1m | 0.6% | 52,689 |  | Reduced −2,723 |
| TE Connectivity Ltd. | COM | $6.1m | 0.6% | 30,305 |  | Reduced −10,682 |
| [SLB Limited (SLB)](/companies/slb.md) | COM | $5.9m | 0.6% | 127,482 |  | Reduced −7,042 |
| [Tenet Healthcare Corporation (THC)](/companies/thc.md) | COM | $5.9m | 0.6% | 31,675 |  | Reduced −1,552 |
| [Universal Technical Institute (UTI)](/companies/uti.md) | COM | $5.8m | 0.6% | 136,531 |  | Reduced −7,525 |
| [Oceaneering International, Inc (OII)](/companies/oii.md) | COM | $5.8m | 0.6% | 142,936 |  | Reduced −7,236 |
| [Regeneron Pharmaceuticals Inc. (REGN)](/companies/regn.md) | COM | $5.8m | 0.6% | 9,265 |  | Reduced −515 |
| [PNC Financial Services Group I (PNC)](/companies/pnc.md) | COM | $5.8m | 0.6% | 23,386 |  | Reduced −1,286 |
| [Visa Inc. (V)](/companies/v.md) | COM | $5.7m | 0.6% | 16,544 |  | Reduced −32 |
| [C.H. Robinson Worldwide (CHRW)](/companies/chrw.md) | COM | $5.6m | 0.6% | 29,954 |  | Reduced −1,331 |
| [Bristol-Myers Squibb Co. (BMY)](/companies/bmy.md) | COM | $5.6m | 0.6% | 97,869 |  | Reduced −5,364 |
| [Baker Hughes Company Class A (BKR)](/companies/bkr.md) | COM | $5.6m | 0.6% | 101,551 |  | Reduced −4,967 |
| [Covista Inc. (CVSA)](/companies/cvsa.md) | COM | $5.6m | 0.6% | 45,106 |  | Reduced −2,456 |
| [U.S. Bancorp (USB)](/companies/usb.md) | COM | $5.6m | 0.6% | 92,155 |  | Reduced −5,193 |
| [United Therapeutics Corp. (UTHR)](/companies/uthr.md) | COM | $5.5m | 0.6% | 10,184 |  | Reduced −552 |
| Vanguard Mortgage-Backed Secur | COM | $5.5m | 0.6% | 117,868 |  | Reduced −47,238 |
| RenaissanceRe Holdings Ltd. | COM | $5.5m | 0.6% | 17,278 |  | New +17,278 |
| [Travelers Companies, Inc. (TRV)](/companies/trv.md) | COM | $5.3m | 0.5% | 16,008 |  | Reduced −825 |
| [Expeditors International of Wa (EXPD)](/companies/expd.md) | COM | $5.2m | 0.5% | 31,852 |  | Reduced −1,466 |
| [Eldorado Gold Corp. (EGO)](/companies/ego.md) | COM | $5.2m | 0.5% | 166,267 |  | Reduced −7,957 |
| [GSK plc Sponsored ADR (GSK)](/companies/gsk.md) | COM | $5.1m | 0.5% | 97,182 |  | Reduced −5,323 |
| [HF Sinclair Corporation (DINO)](/companies/dino.md) | COM | $5.1m | 0.5% | 72,580 |  | New +72,580 |
| [Pfizer Inc. (PFE)](/companies/pfe.md) | COM | $4.9m | 0.5% | 202,967 |  | New +202,967 |
| Vanguard Russell 1000 Value ET | COM | $4.8m | 0.5% | 45,234 |  | Unchanged |
| [Primoris Services Corporation (PRIM)](/companies/prim.md) | COM | $4.8m | 0.5% | 48,040 |  | Reduced −2,864 |
| [Rio Tinto PLC ADS (RIO)](/companies/rio.md) | COM | $4.7m | 0.5% | 49,942 |  | Reduced −2,321 |
| [Hartford Insurance Group Inc. (HIG)](/companies/hig.md) | COM | $4.6m | 0.5% | 35,067 |  | Reduced −1,756 |
| [Benchmark Electronics Inc. (BHE)](/companies/bhe.md) | COM | $4.6m | 0.5% | 46,811 |  | Reduced −3,254 |
| NXP Semiconductors N.V. | COM | $4.6m | 0.5% | 16,370 |  | New +16,370 |
| Financial Select Sector SPDR F | COM | $4.6m | 0.5% | 85,223 |  | Reduced −38,389 |
| [Allstate Corp. (ALL)](/companies/all.md) | COM | $4.5m | 0.5% | 19,112 |  | Reduced −1,004 |
| CRH public limited company | COM | $4.5m | 0.5% | 42,361 |  | Reduced −2,325 |
| [Assurant Inc. (AIZ)](/companies/aiz.md) | COM | $4.5m | 0.5% | 16,846 |  | Reduced −877 |
| [Agnico-Eagle Mines Ltd. (AEM)](/companies/aem.md) | COM | $4.5m | 0.5% | 29,057 |  | Reduced −1,650 |
| [Tenaris S.A. (TS)](/companies/ts.md) | COM | $4.5m | 0.4% | 80,367 |  | Reduced −3,627 |
| SPDR FTSE International Govern | COM | $4.3m | 0.4% | 110,143 |  | New +110,143 |
| [CVS Health Corp. (CVS)](/companies/cvs.md) | COM | $4.3m | 0.4% | 41,189 |  | Reduced −2,256 |
| iShares Core Total U.S. Bond M | COM | $4.2m | 0.4% | 42,755 |  | Unchanged |
| Leuthold Select Industries ET | COM | $4.2m | 0.4% | 89,271 |  | Added +34,675 |
| [Digi International Inc. (DGII)](/companies/dgii.md) | COM | $4.1m | 0.4% | 54,570 |  | Reduced −2,687 |
| [CarGurus, Inc. Class A (CARG)](/companies/carg.md) | COM | $4.0m | 0.4% | 116,213 |  | Reduced −242 |
| [HealthEquity Inc (HQY)](/companies/hqy.md) | COM | $3.7m | 0.4% | 41,018 |  | New +41,018 |
| [PBF Energy, Inc. Class A (PBF)](/companies/pbf.md) | COM | $3.7m | 0.4% | 81,188 |  | New +81,188 |
| [NOV Inc. (NOV)](/companies/nov.md) | COM | $3.7m | 0.4% | 199,217 |  | Reduced −8,906 |
| [Markel Group Inc. (MKL)](/companies/mkl.md) | COM | $3.7m | 0.4% | 1,887 |  | Added +2 |
| [Invesco CurrencyShares Euro Tr (FXE)](/companies/fxe.md) | COM | $3.7m | 0.4% | 34,948 |  | Reduced −5,831 |
| [Mercury General Corp (MCY)](/companies/mcy.md) | COM | $3.7m | 0.4% | 34,271 |  | New +34,271 |
| [EQT Corp. (EQT)](/companies/eqt.md) | COM | $3.6m | 0.4% | 68,246 |  | New +68,246 |
| [Reinsurance Group of America I (RGA)](/companies/rga.md) | COM | $3.5m | 0.4% | 16,658 |  | New +16,658 |
| [Perdoceo Education Corporation (PRDO)](/companies/prdo.md) | COM | $3.5m | 0.4% | 109,873 |  | Reduced −8,110 |
| [Cirrus Logic Inc. (CRUS)](/companies/crus.md) | COM | $3.4m | 0.3% | 22,703 |  | Added +20,943 |
| [Ovintiv, Inc. (OVV)](/companies/ovv.md) | COM | $3.4m | 0.3% | 63,767 |  | New +63,767 |
| Health Care Select Sector SPDR | COM | $3.3m | 0.3% | 20,834 |  | Reduced −537 |
| [Antero Resources Corporation (AR)](/companies/ar.md) | COM | $3.3m | 0.3% | 93,622 |  | New +93,622 |
| [Halliburton Co. (HAL)](/companies/hal.md) | COM | $3.3m | 0.3% | 96,521 |  | Reduced −214 |
| [HudBay Minerals Inc. (HBM)](/companies/hbm.md) | COM | $3.2m | 0.3% | 135,859 |  | Reduced −5,858 |
| Weatherford International plc | COM | $3.2m | 0.3% | 38,864 |  | Reduced −1,801 |
| [Paycom Software, Inc. (PAYC)](/companies/payc.md) | COM | $3.1m | 0.3% | 24,618 |  | New +24,618 |
| [APA Corp. (APA)](/companies/apa.md) | COM | $3.0m | 0.3% | 93,604 |  | New +93,604 |
| iShares MSCI Emerging Markets | COM | $3.0m | 0.3% | 29,743 |  | Unchanged |
| [GXO Logistics Inc (GXO)](/companies/gxo.md) | COM | $3.0m | 0.3% | 59,987 |  | Reduced −2,721 |
| [Encompass Health Corporation (EHC)](/companies/ehc.md) | COM | $3.0m | 0.3% | 29,964 |  | Reduced −1,592 |
| ProShares Short QQQ | COM | $3.0m | 0.3% | 120,629 |  | Reduced −616 |
| Invesco S&P 500 Equal Weight C | COM | $3.0m | 0.3% | 53,392 |  | Reduced −2,756 |
| [Hanover Insurance Group Inc. (THG)](/companies/thg.md) | COM | $2.9m | 0.3% | 13,633 |  | Reduced −683 |
| [FedEx Freight Holding Company, (FDXF)](/companies/fdxf.md) | COM | $2.8m | 0.3% | 18,414 |  | New +18,414 |
| [CTS Corp (CTS)](/companies/cts.md) | COM | $2.8m | 0.3% | 42,232 |  | Reduced −2,840 |
| [Pan American Silver Corp. (PAAS)](/companies/paas.md) | COM | $2.7m | 0.3% | 60,006 |  | Reduced −3,614 |
| [Comstock Resources Inc. (CRK)](/companies/crk.md) | COM | $2.6m | 0.3% | 173,475 |  | New +173,475 |
| [Equinox Gold Corp. (EQX)](/companies/eqx.md) | COM | $2.6m | 0.3% | 265,894 |  | Reduced −16,566 |
| iShares NASDAQ Biotechnology I | COM | $2.4m | 0.2% | 12,614 |  | Reduced −648 |
| [Alcoa Inc. (AA)](/companies/aa.md) | COM | $2.3m | 0.2% | 44,374 |  | Reduced −102 |
| iShares 1-3 Year International | COM | $2.3m | 0.2% | 31,002 |  | New +31,002 |
| White Mountains Insurance Grou | COM | $2.3m | 0.2% | 1,104 |  | Added +52 |
| iShares U.S. Healthcare Provid | COM | $2.1m | 0.2% | 38,245 |  | Added +6,275 |
| Communication Services Select | COM | $2.1m | 0.2% | 19,361 |  | Reduced −11,518 |
| Kensington Credit Opportunitie | COM | $2.0m | 0.2% | 81,373 |  | Reduced −178 |
| VanEck Gold Miners ETF | COM | $1.9m | 0.2% | 25,329 |  | Reduced −1,311 |
| [Invesco CurrencyShares Japanes (FXY)](/companies/fxy.md) | COM | $1.8m | 0.2% | 31,611 |  | Reduced −60,238 |
| [Applied Materials Inc. (AMAT)](/companies/amat.md) | COM | $1.7m | 0.2% | 2,367 |  | Unchanged |
| VanEck Oil Services ETF | COM | $1.5m | 0.2% | 4,084 |  | Reduced −210 |
| Energy Select Sector SPDR Fund | COM | $1.4m | 0.1% | 26,969 |  | Added +20,922 |
| [Broadcom Inc. (AVGO)](/companies/avgo.md) | COM | $1.4m | 0.1% | 3,600 |  | Reduced −1,016 |
| [International Business Machine (IBM)](/companies/ibm.md) | COM | $1.3m | 0.1% | 4,796 |  | Reduced −1,334 |
| iShares US Transportation ETF | COM | $1.3m | 0.1% | 14,587 |  | Reduced −756 |
| Invesco Building & Constructio | COM | $1.3m | 0.1% | 11,203 |  | Reduced −578 |
| iShares U.S. Insurance ETF | COM | $1.2m | 0.1% | 8,446 |  | Added +2,660 |
| [MKS Instruments Inc. (MKSI)](/companies/mksi.md) | COM | $1.1m | 0.1% | 2,542 |  | Unchanged |
| [Goldman Sachs Group Inc. (GS)](/companies/gs.md) | COM | $1.1m | 0.1% | 1,089 |  | Reduced −17,228 |
| Versigent PLC | COM | $1.1m | 0.1% | 25,991 |  | New +25,991 |
| [QUALCOMM Inc. (QCOM)](/companies/qcom.md) | COM | $1.0m | 0.1% | 5,580 |  | New +5,580 |
| [ACM Research, Inc. Class A (ACMR)](/companies/acmr.md) | COM | $1.0m | 0.1% | 8,120 |  | Unchanged |
| ASML Holding N.V. | COM | $1.0m | 0.1% | 517 |  | Unchanged |
| [Marvell Technology Inc. (MRVL)](/companies/mrvl.md) | COM | $1.0m | 0.1% | 3,435 |  | Unchanged |
| [Viavi Solutions Inc. (VIAV)](/companies/viav.md) | COM | $1.0m | 0.1% | 21,371 |  | Unchanged |
| [SPDR S&P 500 ETF (SPY)](/companies/spy.md) | COM | $1.0m | 0.1% | 1,364 |  | New +1,364 |
| [Qualys, Inc. (QLYS)](/companies/qlys.md) | COM | $970.3k | <0.1% | 7,057 |  | New +7,057 |
| Everest Group Ltd. | COM | $949.5k | <0.1% | 2,658 |  | New +2,658 |
| Industrial Select Sector SPDR | COM | $942.6k | <0.1% | 5,089 |  | Reduced −260 |
| [Amkor Technology Inc. (AMKR)](/companies/amkr.md) | COM | $929.7k | <0.1% | 10,782 |  | Unchanged |
| [Banco Santander S.A. ADR (SAN)](/companies/san.md) | COM | $927.5k | <0.1% | 67,213 |  | Added +214 |
| [Morgan Stanley (MS)](/companies/ms.md) | COM | $899.5k | <0.1% | 4,303 |  | Reduced −66,701 |
| [ExxonMobil Holdings Corp. (XOM)](/companies/xom.md) | COM | $899.2k | <0.1% | 6,577 |  | New +6,577 |
| [Archrock Inc. (AROC)](/companies/aroc.md) | COM | $873.9k | <0.1% | 21,467 |  | Reduced −5,642 |
| [Micron Technology Inc. (MU)](/companies/mu.md) | COM | $854.2k | <0.1% | 740 |  | Unchanged |
| Aptiv PLC | COM | $840.4k | <0.1% | 13,692 |  | Reduced −68,531 |
| [Delta Air Lines Inc. (DAL)](/companies/dal.md) | COM | $819.8k | <0.1% | 8,753 |  | Reduced −56,132 |
| [Universal Health Services Inc. (UHS)](/companies/uhs.md) | COM | $809.2k | <0.1% | 5,442 |  | Reduced −15,792 |
| VanEck Vectors Pharmaceutical | COM | $776.1k | <0.1% | 7,097 |  | Reduced −368 |
| [Mizuho Financial Group Inc. AD (MFG)](/companies/mfg.md) | COM | $764.2k | <0.1% | 79,775 |  | Unchanged |
| [Analog Devices Inc. (ADI)](/companies/adi.md) | COM | $754.6k | <0.1% | 1,900 |  | New +1,900 |
| Vanguard Short-Term Corporate | COM | $742.5k | <0.1% | 9,395 |  | Unchanged |
| [Pearson Plc Sp Adr (PSO)](/companies/pso.md) | COM | $734.5k | <0.1% | 46,222 |  | Reduced −13,902 |
| Aberdeen Standard Bloomberg Al | COM | $733.7k | <0.1% | 32,841 |  | Unchanged |
| SPDR S&P Retail ETF | COM | $729.9k | <0.1% | 8,319 |  | Reduced −430 |
| [Shell PLC Sponsored ADR (SHEL)](/companies/shel.md) | COM | $724.8k | <0.1% | 9,348 |  | Reduced −2,643 |
| [Expand Energy Corporation (EXE)](/companies/exe.md) | COM | $724.4k | <0.1% | 7,944 |  | New +7,944 |
| State Street SPDR S&P Oil & Ga | COM | $699.9k | <0.1% | 4,537 |  | New +4,537 |
| Deutsche Bank AG | COM | $687.5k | <0.1% | 20,364 |  | Reduced −244,151 |
| iShares MSCI Global Metals & M | COM | $685.4k | <0.1% | 11,787 |  | Reduced −3,732 |
| GlobalFoundries Inc. | COM | $667.9k | <0.1% | 8,105 |  | New +8,105 |
| [National HealthCare Corporatio (NHC)](/companies/nhc.md) | COM | $647.4k | <0.1% | 3,063 |  | Unchanged |
| Invesco KBW Bank ETF | COM | $643.9k | <0.1% | 6,925 |  | Reduced −356 |
| [General Motors Co. (GM)](/companies/gm.md) | COM | $632.3k | <0.1% | 8,203 |  | Unchanged |
| [Netgear Inc (NTGR)](/companies/ntgr.md) | COM | $620.2k | <0.1% | 26,563 |  | Reduced −8,002 |
| Vanguard Short-Term Treasury E | COM | $618.7k | <0.1% | 10,630 |  | Added +32 |
| [Vodafone Group PLC ADS (VOD)](/companies/vod.md) | COM | $601.4k | <0.1% | 45,478 |  | Unchanged |
| [Interactive Brokers Group Inc. (IBKR)](/companies/ibkr.md) | COM | $600.9k | <0.1% | 6,904 |  | Unchanged |
| UBS Group AG (new) | COM | $593.9k | <0.1% | 11,983 |  | Unchanged |
| [Graham Holdings Co. (GHC)](/companies/ghc.md) | COM | $574.1k | <0.1% | 503 |  | Reduced −106 |
| SPDR Barclays International Co | COM | $574.1k | <0.1% | 18,413 |  | Reduced −235,652 |
| [Hub Group Inc (Cl A) (HUBG)](/companies/hubg.md) | COM | $573.6k | <0.1% | 13,100 |  | Reduced −62,769 |
| [America Movil S.A.B. de C.V. A (AMX)](/companies/amx.md) | COM | $568.9k | <0.1% | 21,891 |  | Unchanged |
| [CNX Resources Corporation (CNX)](/companies/cnx.md) | COM | $562.3k | <0.1% | 16,573 |  | New +16,573 |
| [Diodes Inc. (DIOD)](/companies/diod.md) | COM | $523.0k | <0.1% | 4,779 |  | New +4,779 |
| [Suncor Energy Inc. (SU)](/companies/su.md) | COM | $505.2k | <0.1% | 9,411 |  | Unchanged |
| Select Medical Holdings Corpor | COM | $501.2k | <0.1% | 30,357 |  | Unchanged |
| [Urban Outfitters Inc (URBN)](/companies/urbn.md) | COM | $495.5k | <0.1% | 6,992 |  | Reduced −33,336 |
| iShares PHLX Semiconductor ETF | COM | $483.1k | <0.1% | 754 |  | New +754 |
| Axis Capital Holdings Ltd | COM | $481.5k | <0.1% | 4,482 |  | Unchanged |
| [Old Republic International Cor (ORI)](/companies/ori.md) | COM | $469.6k | <0.1% | 11,476 |  | Unchanged |
| [T-Mobile US Inc (TMUS)](/companies/tmus.md) | COM | $463.1k | <0.1% | 2,761 |  | Unchanged |
| Copa Holdings S.A. Cl A | COM | $457.2k | <0.1% | 2,939 |  | Unchanged |
| TotalEnergies SE Sponsored ADR | COM | $453.5k | <0.1% | 5,832 |  | New +5,832 |
| [Fifth Third Bancorp (FITB)](/companies/fitb.md) | COM | $448.6k | <0.1% | 7,958 |  | Unchanged |
| [Loews Corp. (L)](/companies/l.md) | COM | $440.0k | <0.1% | 3,887 |  | Unchanged |
| [Cenovus Energy Inc. (CVE)](/companies/cve.md) | COM | $437.3k | <0.1% | 17,624 |  | Added +88 |
| [TIM S.A. Sponsored ADR (TIMB)](/companies/timb.md) | COM | $435.2k | <0.1% | 20,317 |  | Unchanged |
| [TD SYNNEX Corporation (SNX)](/companies/snx.md) | COM | $413.6k | <0.1% | 1,547 |  | Added +11 |
| [Chevron Corp. (CVX)](/companies/cvx.md) | COM | $413.6k | <0.1% | 2,495 |  | Unchanged |
| [Raymond James Financial Inc (RJF)](/companies/rjf.md) | COM | $401.7k | <0.1% | 2,642 |  | Unchanged |
| [Gap Inc. (GAP)](/companies/gap.md) | COM | $394.8k | <0.1% | 21,134 |  | Reduced −100,758 |
| [Ecopetrol SA Sponsored ADR (EC)](/companies/ec.md) | COM | $365.6k | <0.1% | 25,672 |  | Added +189 |
| [Wells Fargo & Co. (WFC)](/companies/wfc.md) | COM | $361.0k | <0.1% | 4,368 |  | Added +34 |
| [Photronics Inc. (PLAB)](/companies/plab.md) | COM | $348.3k | <0.1% | 10,706 |  | Added +40 |
| [M&T Bank Corp. (MTB)](/companies/mtb.md) | COM | $342.0k | <0.1% | 1,437 |  | Unchanged |
| [Grupo Aeroportuario del Surest (ASR)](/companies/asr.md) | COM | $333.4k | <0.1% | 1,087 |  | Unchanged |
| [MDU Resources Group, Inc. (MDU)](/companies/mdu.md) | COM | $328.8k | <0.1% | 15,503 |  | Unchanged |
| [UGI Corp. (UGI)](/companies/ugi.md) | COM | $322.5k | <0.1% | 9,336 |  | Added +60 |
| [Old National Bancorp (ONB)](/companies/onb.md) | COM | $312.7k | <0.1% | 12,073 |  | Unchanged |
| [Innovex International, Inc. (INVX)](/companies/invx.md) | COM | $310.7k | <0.1% | 12,528 |  | Unchanged |
| Schwab Fundamental Internation | COM | $309.2k | <0.1% | 5,860 |  | Added +79 |
| [Equinor ASA Sponsored ADR (EQNR)](/companies/eqnr.md) | COM | $298.4k | <0.1% | 9,504 |  | Unchanged |
| [New Jersey Resources Corp. (NJR)](/companies/njr.md) | COM | $290.2k | <0.1% | 5,178 |  | Unchanged |
| Materials Select Sector SPDR F | COM | $288.7k | <0.1% | 5,680 |  | Added +667 |
| [Bank of Nova Scotia (BNS)](/companies/bns.md) | COM | $286.6k | <0.1% | 3,300 |  | Unchanged |
| FlexShares Disciplined Duratio | COM | $278.1k | <0.1% | 13,487 |  | Added +185 |
| iShares Edge MSCI USA Quality | COM | $275.4k | <0.1% | 1,255 |  | Added +16 |
| Chubb Limited | COM | $274.0k | <0.1% | 804 |  | Added +8 |
| [Skyworks Solutions Inc (SWKS)](/companies/swks.md) | COM | $262.2k | <0.1% | 3,867 |  | Unchanged |
| iShares Core Dividend Growth E | COM | $253.2k | <0.1% | 3,341 |  | Added +46 |
| iShares S&P Small Cap 600 Inde | COM | $240.0k | <0.1% | 1,618 |  | New +1,618 |
| [Belden Inc. (BDC)](/companies/bdc.md) | COM | $233.2k | <0.1% | 1,945 |  | Unchanged |
| iShares MSCI ACWI ETF | COM | $228.4k | <0.1% | 1,455 |  | New +1,455 |
| iShares Aaa-A Rated Corporate | COM | $225.1k | <0.1% | 4,737 |  | Added +84 |
| [Match Group, Inc. (MTCH)](/companies/mtch.md) | COM | $213.5k | <0.1% | 5,611 |  | New +5,611 |
| Invesco Optimum Yield Diversified Comm | COM | $195.2k | <0.1% | 12,291 |  | Added +168 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [AECOM (ACM)](/companies/acm.md) | COM | $0 | 0.0% | 0 |  | Sold out −28,389 |
| [Broadridge Financial Solutions (BR)](/companies/br.md) | COM | $0 | 0.0% | 0 |  | Sold out −22,615 |
| [Concentrix Corporation (CNXC)](/companies/cnxc.md) | COM | $0 | 0.0% | 0 |  | Sold out −66,034 |
| Exxon Mobil Corp. | COM | $0 | 0.0% | 0 |  | Sold out −6,577 |
| [Maximus Inc. (MMS)](/companies/mms.md) | COM | $0 | 0.0% | 0 |  | Sold out −44,280 |
| [Sanofi SA Sponsored ADR (SNY)](/companies/sny.md) | COM | $0 | 0.0% | 0 |  | Sold out −96,085 |
| SPDR S&P Capital Markets ETF | COM | $0 | 0.0% | 0 |  | Sold out −3,470 |
| [SS&C Technologies Holdings, In (SSNC)](/companies/ssnc.md) | COM | $0 | 0.0% | 0 |  | Sold out −53,973 |
| [StoneX Group Inc. (SNEX)](/companies/snex.md) | COM | $0 | 0.0% | 0 |  | Sold out −47,107 |
| TotalEnergies SE Sponsored ADR | COM | $0 | 0.0% | 0 |  | Sold out −5,832 |
| [Visteon Corp (VC)](/companies/vc.md) | COM | $0 | 0.0% | 0 |  | Sold out −40,842 |

Source: SEC EDGAR, Form 13F-HR, accession 0000897069-26-001570. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.