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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 (2016Q3)
Portfolio Summary: 205 holdings with a total value of $951,589,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 NET 1 UEPS TECHNOLOGIES INC 10,038 86,000 0.01%
2 AU OPTRONICS CORP 29,124 106,000 0.01%
3 CELESTICA INC 10,464 113,000 0.01%
4 ADVANCED SEMICONDUCTOR ENGR SPONSORED ADR 25,131 149,000 0.02%
5 BRF SA SPONSORED ADR 11,205 191,000 0.02%
6 CHINA TELECOM CORP LTD 4,328 221,000 0.02%
7 CHIPMOS TECH BERMUDA LTD 14,108 279,000 0.03%
8 ENEL CHILE S A 60,633 288,000 0.03%
9 ISHARES TR 17,006 289,000 0.03%
10 BRASKEM S A SP ADR PFD A 18,973 292,000 0.03%
11 ENEL AMERICAS S A 43,491 356,000 0.04%
12 TAIWAN SEMICONDUCTOR MFG LTD 13,311 407,000 0.04%
13 COSAN LTD 78,637 562,000 0.06%
14 WERNER ENTERPRISES INC 25,032 582,000 0.06%
15 CLIFFS NAT RES INC 106,236 621,000 0.07%
16 RELIANCE STEEL & ALUMINUM CO 9,108 656,000 0.07%
17 AVIS BUDGET GROUP 19,241 658,000 0.07%
18 Syntel Inc Com 16,428 688,000 0.07%
19 COMPANHIA ENERGETICA DE MINA 270,996 702,000 0.07%
20 KT CORP 44,264 710,000 0.07%
21 JONES LANG LASALLE 6,447 734,000 0.08%
22 J2 GLOBAL INC 11,375 758,000 0.08%
23 RYDER SYS INC 11,641 768,000 0.08%
24 ALIBABA GROUP HLDG LTD 7,265 769,000 0.08%
25 VANECK VECTORS ETF TR 41,340 776,000 0.08%
26 ISHARES INC 54,247 790,000 0.08%
27 HEADWATERS INC COM 46,809 792,000 0.08%
28 UNITED CONTL HLDGS INC 15,123 794,000 0.08%
29 WORTHINGTON INDS INC 16,800 807,000 0.08%
30 FORD MTR CO DEL 68,498 827,000 0.09%
31 HD SUPPLY HLDGS INCORPORATED 25,937 829,000 0.09%
32 ISHARES TR 22,832 839,000 0.09%
33 AIRCASTLE LTD 42,234 839,000 0.09%
34 VODAFONE GROUP PLC NEW 31,730 925,000 0.10%
35 ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF 8,364 931,000 0.10%
36 CORNING INC 39,366 931,000 0.10%
37 KBR INC 62,276 942,000 0.10%
38 NORFOLK SOUTHERN CORP 9,910 962,000 0.10%
39 EAGLE MATERIALS INC 12,496 966,000 0.10%
40 CHUNGHWA TELECOM CO LTD 28,167 987,000 0.10%
41 ISHARES TR 7,894 999,000 0.10%
42 RACKSPACE HOSTING INC 31,683 1,004,000 0.11%
43 AKAMAI TECHNOLOGIES INC 19,502 1,033,000 0.11%
44 SWIFT TRANSN CO 49,480 1,062,000 0.11%
45 VALIDUS HOLDINGS LTD 22,114 1,102,000 0.12%
46 GENERAL MTRS CO 34,847 1,107,000 0.12%
47 KAISER ALUMINUM CORP COM PAR $0.01 12,968 1,122,000 0.12%
48 ALPHABET INC 1,486 1,195,000 0.13%
49 KOREA ELECTRIC PWR 49,209 1,200,000 0.13%
50 BAIDU INC 6,952 1,266,000 0.13%
Page 1 of 5

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-16-086362, filed 2016.11.14).

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.