Zuckerman Investment Group, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 12, 2024), Zuckerman Investment Group, LLC reported 146 stock positions worth $864.7 million. Its top holding was Vertiv Class A (VRT) at 8.3% of the portfolio, followed by Ulta Beauty (ULTA, 4.4%) and McKesson (MCK, 4.1%). Compared with Q1 2024, it opened 6 new positions, sold out of 5, added to 64 and reduced 29. The biggest buy was Chewy Class A (CHWY, shares +5403%) and the biggest sale Vertiv Class A (VRT, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001423296
- Portfolio Value
- $864.7M (Q2 2024)
- SEC Filing
- 0001423296-24-000007 ↗ filed Aug 12, 2024
Holdings Value
Holdings 146 stocks · $864.7M
| VRT Vertiv Holdings Co. Class A | 8.26% | 824,916 | $71.4M | Reduce -25.3% |
| ULTA Ulta Beauty Inc. | 4.38% | 98,148 | $37.9M | Add +34.1% |
| MCK McKesson Corp. | 4.07% | 60,303 | $35.2M | Add +0.1% |
| DKS Dick's Sporting Goods Inc. | 3.43% | 138,191 | $29.7M | Reduce -0.6% |
| MSFT Microsoft Corp. | 3.35% | 64,911 | $29.0M | Add +0.3% |
| PNR Pentair PLC | 3.27% | 368,617 | $28.3M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 3.26% | 154,892 | $28.2M | Reduce -1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.95% | 62,790 | $25.5M | Add +0.1% |
| HSIC Henry Schein Inc. | 2.77% | 374,280 | $24.0M | Add +34.6% |
| PGR Progressive Corp. | 2.74% | 114,154 | $23.7M | Reduce -0.2% |
| CSW CSW Industrials Inc. | 2.69% | 87,771 | $23.3M | Reduce -0.1% |
| KKR KKR & Co. Inc. | 2.47% | 202,573 | $21.3M | Add +0.0% |
| AAPL Apple Inc. | 2.30% | 94,248 | $19.9M | Add +0.3% |
| META Meta Platforms Inc. Class A | 2.29% | 39,336 | $19.8M | Add +0.1% |
| AVTR Avantor Inc. | 2.25% | 918,247 | $19.5M | Add +2.4% |
| KVUE Kenvue Inc. | 1.97% | 937,910 | $17.1M | Add +2.7% |
| AMZN Amazon.com Inc. | 1.97% | 87,931 | $17.0M | Add +0.8% |
| OPLN Openlane Inc. | 1.94% | 1,008,710 | $16.7M | Add +24.8% |
| CSWC Capital Southwest Corp. | 1.93% | 640,652 | $16.7M | Reduce -0.4% |
| BCO The Brink's Co. | 1.89% | 159,456 | $16.3M | Reduce -23.3% |
| VDE Vanguard Energy ETF | 1.77% | 119,814 | $15.3M | Add +0.5% |
| CHWY Chewy Inc. Class A | 1.73% | 550,278 | $15.0M | Add +5402.8% |
| SHYF The Shyft Group Inc. | 1.73% | 1,259,566 | $14.9M | Reduce -3.9% |
| OIH Vaneck Oil Services ETF | 1.72% | 46,956 | $14.8M | Add +0.2% |
| YUMC Yum China Holdings Inc. | 1.65% | 461,469 | $14.2M | Add +19.2% |
| VWO Vanguard Ftse Emerging Marke | 1.61% | 318,059 | $13.9M | Add +5.6% |
| CDW CDW Corp. | 1.55% | 59,820 | $13.4M | Add +0.2% |
| VEA Vanguard Ftse Developed ETF | 1.52% | 265,515 | $13.1M | Add +7.5% |
| ABBV Abbvie Inc. | 1.51% | 76,129 | $13.1M | Add +0.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.49% | 21 | $12.9M | No change |
| JPM JPMorgan Chase & Co. | 1.41% | 60,473 | $12.2M | Reduce -0.1% |
| PTLO Portillo's Inc. Class A | 1.38% | 1,226,596 | $11.9M | Reduce -4.0% |
| VOO Vanguard S&P 500 ETF | 1.37% | 23,764 | $11.9M | Add +9.0% |
| AAP Advance Auto Parts Inc. | 1.19% | 162,047 | $10.3M | Reduce -2.4% |
| SBUX Starbucks Corp. | 1.02% | 113,399 | $8.8M | Add +3.1% |
| MRK Merck & Co. Inc. | 0.98% | 68,267 | $8.5M | Add +0.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.90% | 32,304 | $7.8M | Add +11.9% |
| ABT Abbott Laboratories | 0.87% | 72,325 | $7.5M | Add +0.1% |
| HLMN Hillman Solutions Corp. | 0.84% | 825,411 | $7.3M | Add +86.7% |
| XLF SS Financial Select Sector | 0.84% | 176,872 | $7.3M | Add +0.8% |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.78% | 111,694 | $6.7M | Add +0.8% |
| VTWO Vanguard Russell 2000 ETF | 0.69% | 72,393 | $5.9M | Add +17.2% |
| IWF iShares Russell 1000 Growth | 0.66% | 15,695 | $5.7M | Add +17.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.59% | 10,601 | $5.1M | Add +0.0% |
| IUSV iShares Core S&P U.S. Value | 0.56% | 55,023 | $4.8M | Add +27.0% |
| PLTR Palantir Technologies Inc. Class A | 0.56% | 189,562 | $4.8M | Add +1.2% |
| IEMG iShares Core MSCI Emerging | 0.55% | 88,909 | $4.8M | Reduce -0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.37% | 32,518 | $3.2M | Add +11.0% |
| JNJ Johnson & Johnson | 0.27% | 15,978 | $2.3M | Add +16.6% |
| PEP Pepsico Inc. | 0.25% | 13,350 | $2.2M | Add +19.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.25% | 55,060 | $2.2M | Reduce 0.0% |
| TSLA Tesla Inc. | 0.25% | 10,870 | $2.2M | Reduce -4.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.24% | 11,760 | $2.0M | Reduce -0.8% |
| XLB SS Materials Select Sector | 0.23% | 22,800 | $2.0M | Add +1.1% |
| V Visa Inc. Class A | 0.23% | 7,540 | $2.0M | Add +0.8% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.23% | 20,000 | $2.0M | No change |
| PFE Pfizer Inc. | 0.21% | 66,064 | $1.8M | Reduce -18.5% |
| VZ Verizon Communications Inc. | 0.21% | 44,369 | $1.8M | Add +11.1% |
| BMY Bristol-Myers Squibb Co. | 0.21% | 43,140 | $1.8M | Add +228.3% |
| HD Home Depot Inc. | 0.19% | 4,718 | $1.6M | Add +10.9% |
| ATR Aptargroup Inc. | 0.17% | 10,520 | $1.5M | No change |
| GOOG Alphabet Inc. Class C | 0.17% | 8,064 | $1.5M | Reduce -0.7% |
| CBOE Cboe Global Markets Inc. | 0.17% | 8,415 | $1.4M | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.15% | 18,909 | $1.3M | Add +20.4% |
| XLRE SS Real Estate Select Sector | 0.14% | 32,122 | $1.2M | Add +5.9% |
| VYM Vanguard High DVD Yield ETF | 0.14% | 9,943 | $1.2M | Add +14.6% |
| MA Mastercard Inc. Class A | 0.13% | 2,550 | $1.1M | Add +0.8% |
| ORCL Oracle Corp. | 0.13% | 7,877 | $1.1M | No change |
| INTC Intel Corp. | 0.12% | 33,831 | $1.0M | Add +6.0% |
| UNH Unitedhealth Group Inc. | 0.12% | 2,052 | $1.0M | Add +66.2% |
| C Citigroup Inc. | 0.12% | 16,450 | $1.0M | Add +2.8% |
| LLY Eli Lilly & Co. | 0.10% | 1,001 | $906K | No change |
| ARCC Ares Capital Corp. | 0.10% | 43,000 | $896K | No change |
| TMO Thermo Fisher Scientific Inc. | 0.10% | 1,616 | $894K | No change |
| CEG Constellation Energy | 0.10% | 4,417 | $885K | No change |
| NVDA Nvidia Corp. | 0.10% | 7,132 | $881K | Add +58.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.10% | 5,930 | $846K | No change |
| WBD Warner Bros Discovery Inc. | 0.10% | 112,838 | $840K | Add +33.0% |
| MMM 3M Co. | 0.09% | 7,993 | $817K | No change |
| CLF Cleveland-Cliffs Inc. | 0.09% | 50,000 | $770K | Reduce -16.7% |
| IVV iShares Core S&P 500 ETF | 0.08% | 1,297 | $710K | Add +15.9% |
| ARKK ARK Innovation ETF | 0.08% | 15,785 | $694K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.08% | 1,229 | $669K | No change |
| J Jacobs Solutions Inc. | 0.08% | 4,730 | $661K | No change |
| CME Cme Group Inc. | 0.08% | 3,322 | $653K | New |
| MOH Molina Healthcare Inc. | 0.07% | 2,130 | $633K | No change |
| ETN Eaton Corp. PLC | 0.07% | 2,000 | $627K | No change |
| HYBB iShares BB Rated Corp. Bond | 0.07% | 13,278 | $611K | Add +13.0% |
| MNR Mach Natural Resources LP | 0.07% | 32,000 | $609K | No change |
| MRNA Moderna Inc. | 0.07% | 5,000 | $594K | Add +25.0% |
| WFC Wells Fargo & Co. | 0.07% | 9,968 | $592K | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 0.07% | 7,654 | $591K | Add +12.4% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.07% | 13,752 | $580K | Add +14.0% |
| BIV Vanguard Intermediate-Term B | 0.07% | 7,736 | $579K | Add +12.8% |
| RTX RTX Corp. | 0.06% | 5,139 | $516K | Add +7.3% |
| TEVA Teva Pharmaceutical-SP ADR | 0.06% | 31,406 | $510K | Reduce -24.1% |
| UBER Uber Technologies Inc. | 0.06% | 6,942 | $505K | Reduce -3.7% |
| TYL Tyler Technologies Inc. | 0.06% | 1,000 | $503K | No change |
| BKR Baker Hughes Co. | 0.06% | 13,930 | $490K | No change |
| MSOS Advisorshares Pure US Cann | 0.05% | 63,234 | $464K | Reduce -7.1% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $99K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CXAIW Kins Tech Group Class A -CW25 | *W EXP 99/99/999 | 490,300 | $99K | Add +610.6% |
Total filed on the 13F, all lines: $864.8M.
Portfolio Sells Q1 2024 → Q2 2024
| VRT Vertiv Holdings Co. Class A | Reduce -25.3% | 8.26% | −2.15 |
| PTLO Portillo's Inc. Class A | Reduce -4.0% | 1.38% | −0.71 |
| AAP Advance Auto Parts Inc. | Reduce -2.4% | 1.19% | −0.44 |
| BCO The Brink's Co. | Reduce -23.3% | 1.89% | −0.33 |
| DKS Dick's Sporting Goods Inc. | Reduce -0.6% | 3.43% | −0.18 |
| SHYF The Shyft Group Inc. | Reduce -3.9% | 1.73% | −0.15 |
| CLF Cleveland-Cliffs Inc. | Reduce -16.7% | 0.09% | −0.07 |
| CSQ Calamos Strat TTL RTRN FND | Sold out | 0.00% | −0.05 |
| PFE Pfizer Inc. | Reduce -18.5% | 0.21% | −0.05 |
| GD General Dynamics Corp. | Sold out | 0.00% | −0.03 |
| IBM Intl Business Machines Corp. | Reduce -0.8% | 0.24% | −0.03 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.03 |
| MSOS Advisorshares Pure US Cann | Reduce -7.1% | 0.05% | −0.03 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.02 |
| HHH Howard Hughes Holdings Inc. | Sold out | 0.00% | −0.02 |
| PARAA Paramount Global Class B | Reduce -30.2% | 0.03% | −0.02 |
| TEVA Teva Pharmaceutical-SP ADR | Reduce -24.1% | 0.06% | −0.01 |
| UBER Uber Technologies Inc. | Reduce -3.7% | 0.06% | −0.01 |
| CXAPP INC | Reduce -24.0% | 0.01% | −0.01 |
| DE Deere & Co. | Reduce -2.7% | 0.04% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -6.6% | 0.05% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -1.2% | 0.05% | −0.00 |
| TLS Telos Corporation | Reduce -4.7% | 0.04% | −0.00 |
| HALO Halozyme Therapeutics Inc. | Reduce -25.0% | 0.04% | −0.00 |
| SONDQ Sonder Holdings Inc. | Reduce -15.9% | 0.03% | +0.01 |
| PGR Progressive Corp. | Reduce -0.2% | 2.74% | +0.01 |
| BAC Bank of America Corp. | Reduce 0.0% | 0.25% | +0.01 |
| JPM JPMorgan Chase & Co. | Reduce -0.1% | 1.41% | +0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -0.5% | 0.55% | +0.02 |
| TSLA Tesla Inc. | Reduce -4.0% | 0.25% | +0.02 |
| GOOG Alphabet Inc. Class C | Reduce -0.7% | 0.17% | +0.03 |
| CSWC Capital Southwest Corp. | Reduce -0.4% | 1.93% | +0.08 |
| CSW CSW Industrials Inc. | Reduce -0.1% | 2.69% | +0.31 |
| GOOGL Alphabet Inc. Class A | Reduce -1.2% | 3.26% | +0.53 |
Portfolio Buys Q1 2024 → Q2 2024
| CHWY Chewy Inc. Class A | Add +5402.8% | 1.73% | +1.72 |
| AAPL Apple Inc. | Add +0.3% | 2.30% | +0.43 |
| HSIC Henry Schein Inc. | Add +34.6% | 2.77% | +0.35 |
| MCK McKesson Corp. | Add +0.1% | 4.07% | +0.34 |
| OPLN Openlane Inc. | Add +24.8% | 1.94% | +0.32 |
| HLMN Hillman Solutions Corp. | Add +86.7% | 0.84% | +0.30 |
| MSFT Microsoft Corp. | Add +0.3% | 3.35% | +0.21 |
| VOO Vanguard S&P 500 ETF | Add +9.0% | 1.37% | +0.16 |
| VWO Vanguard Ftse Emerging Marke | Add +5.6% | 1.61% | +0.16 |
| AMZN Amazon.com Inc. | Add +0.8% | 1.97% | +0.15 |
| IWF iShares Russell 1000 Growth | Add +17.3% | 0.66% | +0.14 |
| BMY Bristol-Myers Squibb Co. | Add +228.3% | 0.21% | +0.12 |
| KKR KKR & Co. Inc. | Add +0.0% | 2.47% | +0.11 |
| IUSV iShares Core S&P U.S. Value | Add +27.0% | 0.56% | +0.11 |
| META Meta Platforms Inc. Class A | Add +0.1% | 2.29% | +0.09 |
| VEA Vanguard Ftse Developed ETF | Add +7.5% | 1.52% | +0.09 |
| VTWO Vanguard Russell 2000 ETF | Add +17.2% | 0.69% | +0.08 |
| CME Cme Group Inc. | New | 0.08% | +0.08 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +11.9% | 0.90% | +0.07 |
| PLTR Palantir Technologies Inc. Class A | Add +1.2% | 0.56% | +0.06 |
| NVDA Nvidia Corp. | Add +58.1% | 0.10% | +0.05 |
| PATH Uipath Inc. Class A | New | 0.05% | +0.05 |
| UNH Unitedhealth Group Inc. | Add +66.2% | 0.12% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.0% | 0.59% | +0.04 |
| FBTC Fidelity Wise Origin Bitcoin | New | 0.03% | +0.03 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +20.4% | 0.15% | +0.03 |
| PEP Pepsico Inc. | Add +19.7% | 0.25% | +0.03 |
| QCOM Qualcomm Inc. | New | 0.03% | +0.03 |
| RXRX Recursion Pharmaceuticals-A | New | 0.02% | +0.02 |
| JNJ Johnson & Johnson | Add +16.6% | 0.27% | +0.02 |
| VMEO Vimeo Inc. | Add +110.2% | 0.04% | +0.02 |
| MRNA Moderna Inc. | Add +25.0% | 0.07% | +0.02 |
| VZ Verizon Communications Inc. | Add +11.1% | 0.21% | +0.02 |
| VYM Vanguard High DVD Yield ETF | Add +14.6% | 0.14% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +15.9% | 0.08% | +0.01 |
| WBD Warner Bros Discovery Inc. | Add +33.0% | 0.10% | +0.01 |
| HYBB iShares BB Rated Corp. Bond | Add +13.0% | 0.07% | +0.01 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +14.0% | 0.07% | +0.01 |
| AMST Amesite Inc. | Add +16.6% | 0.02% | +0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +12.4% | 0.07% | +0.01 |
| BIV Vanguard Intermediate-Term B | Add +12.8% | 0.07% | +0.01 |
| KO The Coca-Cola Co. | Add +12.0% | 0.04% | +0.01 |
| RTX RTX Corp. | Add +7.3% | 0.06% | +0.01 |
| AMLX Amylyx Pharmaceuticals Inc. | New | 0.00% | +0.00 |
| XLRE SS Real Estate Select Sector | Add +5.9% | 0.14% | +0.00 |
| C Citigroup Inc. | Add +2.8% | 0.12% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.6% | 0.03% | +0.00 |
| PG The Procter & Gamble Co. | Add +1.0% | 0.03% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +3.1% | 0.03% | −0.00 |
| HD Home Depot Inc. | Add +10.9% | 0.19% | −0.00 |
Notes & Other Activity Q1 2024 → Q2 2024
| ALTERYX INC (AYX 0.5 08/01/24) | NOTE 0.500% 8/0 · principal | Sold out | 16,143,000 | $16.0Mbefore exit |
| CXAIW Kins Tech Group Class A -CW25 | *W EXP 99/99/999 | Add +610.6% | 490,300 | $99K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 137 | $1.2B | VRT, GOOGL, ICLR, ULTA, KKR |
| Q1 2026 | 134 | $1.1B | VRT, GOOGL, ULTA, MCK, CRM |
| Q4 2025 | 136 | $1.1B | VRT, ULTA, GOOGL, MCK, MSFT |
| Q3 2025 | 156 | $1.1B | VRT, ULTA, GOOGL, MCK, MSFT |
| Q2 2025 | 153 | $1.0B | VRT, ULTA, MCK, MSFT, KKR |
| Q1 2025 | 162 | $931.3M | VRT, ULTA, MCK, BRK.B, KVUE |
| Q4 2024 | 151 | $1.0B | VRT, ULTA, MCK, GOOGL, KKR |
| Q3 2024 | 143 | $971.6M | VRT, ULTA, PNR, CSW, MCK |
| Q2 2024 | 146 | $864.7M | VRT, ULTA, MCK, DKS, MSFT |
| Q1 2024 | 145 | $866.0M | VRT, ULTA, MCK, PNR, DKS |