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Institutional Investment Manager
LEUTHOLD GROUP, LLC
LEUTHOLD GROUP, LLC (CIK: 0001170152), located at 150 South Fifth Street, Minneapolis, MN. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q4)
Portfolio Summary: 189 holdings with a total value of $952,994,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 WESTERN UN CO 222,870 3,992,000 0.42%
102 HEALTH NET INC 57,937 3,966,000 0.42%
103 HENRY SCHEIN INC 24,117 3,815,000 0.40%
104 MERITAGE HOMES CORP COM 110,560 3,758,000 0.39%
105 CENTENE CORP DEL 55,315 3,640,000 0.38%
106 L-3 Communications Hldgs 30,273 3,618,000 0.38%
107 CONVERGYS CORPORATION 145,186 3,614,000 0.38%
108 GROUP 1 AUTOMOTIVE INC 46,046 3,486,000 0.37%
109 COGNIZANT TECHNOLOGY SOLUTIO 57,069 3,425,000 0.36%
110 Alon USA Energy, Inc. 229,093 3,400,000 0.36%
111 ISHARES TR 28,927 3,298,000 0.35%
112 PATTERSON COS INC 71,057 3,212,000 0.34%
113 AMDOCS LTD 57,081 3,115,000 0.33%
114 NU SKIN ENTERPRISES INC 81,178 3,076,000 0.32%
115 Santander Consumer USA Holdings Inc 187,374 2,970,000 0.31%
116 VANGUARD SCOTTSDALE FDS 34,463 2,901,000 0.30%
117 LYONDELLBASELL INDUSTRIES N 32,165 2,795,000 0.29%
118 OWENS & MINOR INC NEW 77,273 2,780,000 0.29%
119 ALLIED WRLD ASSUR COM HLDG A 73,703 2,741,000 0.29%
120 HANOVER INS GROUP INC 32,490 2,643,000 0.28%
121 SPDR SERIES TRUST LEHMAN SHORT TERM INTL 88,679 2,638,000 0.28%
122 VODAFONE GROUP PLC NEW 79,282 2,558,000 0.27%
123 ALLEGHANY CORP 5,254 2,511,000 0.26%
124 COMPUTER SCIENCES CORP 75,457 2,466,000 0.26%
125 ADVANCE AUTO PARTS INC 16,277 2,450,000 0.26%
126 CACI INTL INC CL A 25,463 2,362,000 0.25%
127 LEAR CORP 19,066 2,342,000 0.25%
128 SCIENCE APPLICATNS INTL CP N 50,955 2,333,000 0.24%
129 CSRA INC 75,457 2,264,000 0.24%
130 CHINA MOBILE LIMITED 39,439 2,221,000 0.23%
131 Groupe CGI Inc Cl A 54,408 2,178,000 0.23%
132 SELECT MED HLDGS CORP COM 171,131 2,038,000 0.21%
133 Neustar Inc CL A 81,246 1,947,000 0.20%
134 ICON PLC 24,810 1,928,000 0.20%
135 FIDELITY NATL INFORMATION SV 30,754 1,864,000 0.20%
136 TATA MTRS LTD 62,625 1,846,000 0.19%
137 PHARMERICA CORPORATION 52,665 1,843,000 0.19%
138 PRA GROUP INC 51,820 1,798,000 0.19%
139 PAREXEL INTERNATIONAL CORPORATION 26,012 1,772,000 0.19%
140 GOODYEAR TIRE & RUBR CO 53,960 1,763,000 0.18%
141 ISHARES TRUST CMBS ETF 33,699 1,707,000 0.18%
142 VWR CORP 56,286 1,593,000 0.17%
143 EXPRESS SCRIPTS HLDG CO 17,986 1,572,000 0.16%
144 GENERAL MTRS CO 45,749 1,556,000 0.16%
145 QUINTILES IMS HOLDINGS INC 22,459 1,542,000 0.16%
146 OWENS CORNING NEW 32,298 1,519,000 0.16%
147 SABRE CORP 54,022 1,511,000 0.16%
148 TRIUMPH GROUP INC NEW COM 37,288 1,482,000 0.16%
149 TERADATA CORP DEL 55,342 1,462,000 0.15%
150 CSX CORP 55,694 1,445,000 0.15%
Page 3 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-16-052120, filed 2016.02.12).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.