Investment adviser · CRD 105826

LEUTHOLD WEEDEN CAPITAL MANAGEMENT

Investment adviser filing (IA)

THE LEUTHOLD GROUP, LLC

MINNEAPOLIS, MN, United States · Form ADV filed Jul 6, 2026

Regulatory AUM: $1.17B
Client accounts: 200
Employees: 17
Advisory professionals: 7

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Investment companies	5	$727,846,072	62.3%
Corporations & businesses	34	$298,727,641	25.6%
Other clients	99	$47,745,733	4.1%
Pooled investment vehicles	1	$41,576,724	3.6%
High-net-worth individuals	60	$40,770,033	3.5%
Retirement plans	Fewer than 5	$12,318,024	1.1%

Filing source

Form ADV 2113681 · Jul 6, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

2 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

LEUTHOLD GLOBAL INDUSTRIES, L.P.Hedge Fund · Last reported Jul 6, 2026$41.6MGross asset value

Form D fundraising filings

LEUTHOLD GLOBAL INDUSTRIES, L.P.

Fund administrator U.S. BANCORP FUND SERVICES, LLC MILWAUKEE, Wisconsin, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHEN & CO. CLEVELAND, Ohio, United States

Custodian U.S. BANK MILWAUKEE, Wisconsin, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

COHEN & CO.
PCAOB 925

Fund details & source

Fund ID: 805-4541923367
Reported beneficial owners: 3
Minimum commitment: $1M
Form D file number: 021-133782

Form ADV 2113681 · Jul 6, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

LEUTHOLD PRIVATE STRATEGY COMMON FUNDOther Private Fund · Last reported Aug 1, 2012$45MGross asset value

Fund administrator ALERUS FINANCIAL, N.A. GRAND FORKS, North Dakota, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BRADY MARTZ & ASSOCIATES PC GRAND FORKS, North Dakota, United States

Custodian ALERUS FINANCIAL, N.A. GRAND FORKS, North Dakota, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

Fund details & source

Fund ID: 805-4858464766
Reported beneficial owners: 3
Minimum commitment: $100K

Form ADV 662417 · Aug 1, 2012 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Jul 6, 2026. View historical filings

Reported services

Individual portfolio management · Investment company portfolio management · Pooled investment vehicle management · Business portfolio management · Publication of newsletters

Compensation

Percentage of assets · Subscription · Fixed

Principal office

100 NORTH 6TH STREET, SUITE 600A
MINNEAPOLIS, MN, 55403, United States

CRD 105826

Filing source

Form ADV 2113681 · Jul 6, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.