Leuthold Group, LLC
The Leuthold Group, LLC is a Minneapolis-based investment research and asset management firm founded in 1981. Originally established as an independent research source for institutional investors, the firm has grown to provide investment advisory services for separately managed accounts, mutual funds, ETFs, and private funds. Employing a disciplined, quantitative, and contrarian approach, Leuthold is majority employee-owned and led by experienced analysts and executives. The firm employs approximately 25 staff and delivers tactical asset allocation strategies and proprietary market research serving individual and institutional investors.
Investment Strategy
Leuthold Group specializes in tactical asset allocation by blending disciplined quantitative research with a strategic, flexible approach. Their investment process incorporates technical and fundamental analysis, sector and industry group rotation, supply/demand dynamics, and long-term valuation studies. Asset class selection, dynamic risk/reward evaluation, and an unemotional decision-making process underpin the portfolio construction across their mutual funds, ETFs, and separate accounts. Their strategies are designed for adaptation in varying market environments, spanning long-only, short-only, and niche tactical models, with a bias toward diversification and risk management.
Top Holdings
Equity Positions (203)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | Microsoft Corp. | 2.99% | $25.0M | 50,269 | $138.15 | $497.41 | +$5.8M |
M META | Meta Platforms Inc. Class A | 2.61% | $21.8M | 29,556 | $211.94 | $738.09 | +$4.5M |
B BWX | SPDR Bloomberg Barclays Intern | 2.35% | $19.7M | 839,145 | $22.49 | $23.49 | +$2.1M |
N NFLX | Netflix Inc. | 2.31% | $19.3M | 14,441 | $345.48 | $1339.13 | +$5.7M |
S SPDN | Direxion Daily S&P500 Bear 1X | 2.13% | $17.8M | 1,731,569 | $15.98 | $10.30 | -$4.2M |