Zuckerman Investment Group, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Zuckerman Investment Group, LLC reported 143 stock positions worth $971.6 million. Its top holding was Vertiv Class A (VRT) at 8.4% of the portfolio, followed by Ulta Beauty (ULTA, 4.0%) and Pentair (PNR, 3.6%). Compared with Q2 2024, it opened 8 new positions, sold out of 11, added to 79 and reduced 35. The biggest buy was a new position in Gpgi (GPGI) and the biggest sale Alphabet Class A (GOOGL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001423296
- Portfolio Value
- $971.6M (Q3 2024)
- SEC Filing
- 0001423296-24-000014 ↗ filed Nov 13, 2024
Holdings Value
Holdings 143 stocks · $971.6M
| VRT Vertiv Holdings Co. Class A | 8.39% | 819,541 | $81.5M | Reduce -0.7% |
| ULTA Ulta Beauty Inc. | 3.98% | 99,467 | $38.7M | Add +1.3% |
| PNR Pentair PLC | 3.62% | 359,528 | $35.2M | Reduce -2.5% |
| CSW CSW Industrials Inc. | 3.32% | 88,027 | $32.3M | Add +0.3% |
| MCK McKesson Corp. | 3.07% | 60,340 | $29.8M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.97% | 62,746 | $28.9M | Reduce -0.1% |
| PGR Progressive Corp. | 2.94% | 112,504 | $28.5M | Reduce -1.4% |
| DKS Dick's Sporting Goods Inc. | 2.91% | 135,654 | $28.3M | Reduce -1.8% |
| MSFT Microsoft Corp. | 2.88% | 64,953 | $27.9M | Add +0.1% |
| HSIC Henry Schein Inc. | 2.80% | 373,780 | $27.2M | Reduce -0.1% |
| KKR KKR & Co. Inc. | 2.72% | 202,558 | $26.5M | Reduce -0.0% |
| GOOGL Alphabet Inc. Class A | 2.63% | 154,294 | $25.6M | Reduce -0.4% |
| PTLO Portillo's Inc. Class A | 2.52% | 1,819,910 | $24.5M | Add +48.4% |
| AVTR Avantor Inc. | 2.49% | 935,240 | $24.2M | Add +1.9% |
| META Meta Platforms Inc. Class A | 2.32% | 39,433 | $22.6M | Add +0.3% |
| AAPL Apple Inc. | 2.31% | 96,377 | $22.5M | Add +2.3% |
| KVUE Kenvue Inc. | 2.25% | 945,429 | $21.9M | Add +0.8% |
| YUMC Yum China Holdings Inc. | 2.15% | 463,972 | $20.9M | Add +0.5% |
| BCO The Brink's Co. | 1.88% | 157,900 | $18.3M | Reduce -1.0% |
| OPLN Openlane Inc. | 1.76% | 1,013,434 | $17.1M | Add +0.5% |
| AMZN Amazon.com Inc. | 1.70% | 88,462 | $16.5M | Add +0.6% |
| CSWC Capital Southwest Corp. | 1.67% | 641,459 | $16.2M | Add +0.1% |
| SHYF The Shyft Group Inc. | 1.65% | 1,277,099 | $16.0M | Add +1.4% |
| CHWY Chewy Inc. Class A | 1.64% | 542,667 | $15.9M | Reduce -1.4% |
| VWO Vanguard Ftse Emerging Marke | 1.58% | 320,278 | $15.3M | Add +0.7% |
| ABBV Abbvie Inc. | 1.56% | 76,575 | $15.1M | Add +0.6% |
| VDE Vanguard Energy ETF | 1.52% | 120,268 | $14.7M | Add +0.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.49% | 21 | $14.5M | No change |
| VEA Vanguard Ftse Developed ETF | 1.46% | 268,896 | $14.2M | Add +1.3% |
| CDW CDW Corp. | 1.40% | 60,090 | $13.6M | Add +0.5% |
| OIH Vaneck Oil Services ETF | 1.38% | 47,195 | $13.4M | Add +0.5% |
| JPM JPMorgan Chase & Co. | 1.31% | 60,573 | $12.8M | Add +0.2% |
| VOO Vanguard S&P 500 ETF | 1.30% | 23,950 | $12.6M | Add +0.8% |
| GPGI Gpgi Inc. filed as COMPOSECURE INC | 1.19% | 824,349 | $11.6M | New |
| SBUX Starbucks Corp. | 1.14% | 113,486 | $11.1M | Add +0.1% |
| AAP Advance Auto Parts Inc. | 1.11% | 276,248 | $10.8M | Add +70.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.90% | 33,048 | $8.7M | Add +2.3% |
| HLMN Hillman Solutions Corp. | 0.88% | 812,534 | $8.6M | Reduce -1.6% |
| ABT Abbott Laboratories | 0.86% | 72,933 | $8.3M | Add +0.8% |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.84% | 113,206 | $8.2M | Add +1.4% |
| XLF SS Financial Select Sector | 0.83% | 177,246 | $8.0M | Add +0.2% |
| MRK Merck & Co. Inc. | 0.80% | 68,356 | $7.8M | Add +0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.74% | 74,645 | $7.2M | Add +129.6% |
| VTWO Vanguard Russell 2000 ETF | 0.67% | 72,412 | $6.5M | Add +0.0% |
| PLTR Palantir Technologies Inc. Class A | 0.66% | 173,668 | $6.5M | Reduce -8.4% |
| IWF iShares Russell 1000 Growth | 0.60% | 15,482 | $5.8M | Reduce -1.4% |
| IUSV iShares Core S&P U.S. Value | 0.54% | 54,454 | $5.2M | Reduce -1.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.53% | 10,585 | $5.2M | Reduce -0.1% |
| IEMG iShares Core MSCI Emerging | 0.52% | 87,578 | $5.0M | Reduce -1.5% |
| TSLA Tesla Inc. | 0.31% | 11,384 | $3.0M | Add +4.7% |
| BMY Bristol-Myers Squibb Co. | 0.27% | 51,339 | $2.7M | Add +19.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.27% | 11,772 | $2.6M | Add +0.1% |
| JNJ Johnson & Johnson | 0.27% | 16,036 | $2.6M | Add +0.4% |
| PEP Pepsico Inc. | 0.24% | 13,825 | $2.4M | Add +3.6% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.23% | 20,002 | $2.2M | Add +0.0% |
| XLB SS Materials Select Sector | 0.22% | 22,203 | $2.1M | Reduce -2.6% |
| V Visa Inc. Class A | 0.21% | 7,356 | $2.0M | Reduce -2.4% |
| VZ Verizon Communications Inc. | 0.21% | 44,883 | $2.0M | Add +1.2% |
| HD Home Depot Inc. | 0.20% | 4,790 | $1.9M | Add +1.5% |
| CBOE Cboe Global Markets Inc. | 0.18% | 8,415 | $1.7M | No change |
| PFE Pfizer Inc. | 0.18% | 59,086 | $1.7M | Reduce -10.6% |
| ATR Aptargroup Inc. | 0.17% | 10,520 | $1.7M | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.16% | 19,680 | $1.6M | Add +4.1% |
| CLF Cleveland-Cliffs Inc. | 0.15% | 114,000 | $1.5M | Add +128.0% |
| XLRE SS Real Estate Select Sector | 0.15% | 32,314 | $1.4M | Add +0.6% |
| ORCL Oracle Corp. | 0.14% | 7,945 | $1.4M | Add +0.9% |
| GOOG Alphabet Inc. Class C | 0.14% | 8,094 | $1.4M | Add +0.4% |
| MA Mastercard Inc. Class A | 0.13% | 2,609 | $1.3M | Add +2.3% |
| MNR Mach Natural Resources LP | 0.13% | 78,000 | $1.2M | Add +143.8% |
| UNH Unitedhealth Group Inc. | 0.13% | 2,116 | $1.2M | Add +3.1% |
| VYM Vanguard High DVD Yield ETF | 0.12% | 9,265 | $1.2M | Reduce -6.8% |
| CEG Constellation Energy | 0.12% | 4,427 | $1.2M | Add +0.2% |
| C Citigroup Inc. | 0.11% | 16,462 | $1.0M | Add +0.1% |
| TMO Thermo Fisher Scientific Inc. | 0.10% | 1,622 | $1.0M | Add +0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.10% | 1,713 | $983K | Add +39.4% |
| DVN Devon Energy Corp. | 0.10% | 25,000 | $978K | New |
| ARCC Ares Capital Corp. | 0.09% | 43,000 | $900K | No change |
| LLY Eli Lilly & Co. | 0.09% | 987 | $875K | Reduce -1.4% |
| ARKK ARK Innovation ETF | 0.08% | 15,785 | $750K | No change |
| MOH Molina Healthcare Inc. | 0.08% | 2,130 | $734K | No change |
| INTC Intel Corp. | 0.07% | 30,779 | $722K | Reduce -9.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.07% | 5,946 | $708K | Add +0.3% |
| PATH Uipath Inc. Class A | 0.07% | 55,000 | $704K | Add +52.8% |
| CIEN Ciena Corp. | 0.07% | 11,000 | $677K | Add +15.8% |
| HYBB iShares BB Rated Corp. Bond | 0.07% | 14,302 | $677K | Add +7.7% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.07% | 8,398 | $667K | Add +9.7% |
| ETN Eaton Corp. PLC | 0.07% | 2,011 | $667K | Add +0.6% |
| BIV Vanguard Intermediate-Term B | 0.07% | 8,466 | $663K | Add +9.4% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.07% | 14,853 | $645K | Add +8.0% |
| IVV iShares Core S&P 500 ETF | 0.07% | 1,104 | $637K | Reduce -14.9% |
| RTX RTX Corp. | 0.06% | 5,144 | $623K | Add +0.1% |
| J Jacobs Solutions Inc. | 0.06% | 4,730 | $619K | No change |
| NVDA Nvidia Corp. | 0.06% | 5,058 | $614K | Reduce -29.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.06% | 15,461 | $614K | Reduce -71.9% |
| WFC Wells Fargo & Co. | 0.06% | 10,383 | $587K | Add +4.2% |
| TYL Tyler Technologies Inc. | 0.06% | 1,000 | $584K | No change |
| NMRK Newmark Group Inc. Class A | 0.06% | 37,044 | $575K | Add +2.2% |
| TEVA Teva Pharmaceutical-SP ADR | 0.06% | 31,406 | $566K | No change |
| MMM 3M Co. | 0.05% | 3,896 | $533K | Reduce -51.3% |
| UBER Uber Technologies Inc. | 0.05% | 6,970 | $524K | Add +0.4% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 1,582,000 | $1.4M | New |
| CXAIW Kins Tech Group Class A -CW25 | *W EXP 99/99/999 | 510,000 | $128K | Add +4.0% |
Total filed on the 13F, all lines: $973.1M.
Portfolio Sells Q2 2024 → Q3 2024
| GOOGL Alphabet Inc. Class A | Reduce -0.4% | 2.63% | −0.63 |
| DKS Dick's Sporting Goods Inc. | Reduce -1.8% | 2.91% | −0.52 |
| BAC Bank of America Corp. | Reduce -71.9% | 0.06% | −0.19 |
| CHWY Chewy Inc. Class A | Reduce -1.4% | 1.64% | −0.10 |
| MRNA Moderna Inc. | Sold out | 0.00% | −0.07 |
| IWF iShares Russell 1000 Growth | Reduce -1.4% | 0.60% | −0.06 |
| WBD Warner Bros Discovery Inc. | Reduce -59.3% | 0.04% | −0.06 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.1% | 0.53% | −0.06 |
| INTC Intel Corp. | Reduce -9.0% | 0.07% | −0.05 |
| NTR Nutrien Ltd. | Sold out | 0.00% | −0.04 |
| MMM 3M Co. | Reduce -51.3% | 0.05% | −0.04 |
| NVDA Nvidia Corp. | Reduce -29.1% | 0.06% | −0.04 |
| PFE Pfizer Inc. | Reduce -10.6% | 0.18% | −0.04 |
| CME Cme Group Inc. | Reduce -44.2% | 0.04% | −0.03 |
| IEMG iShares Core MSCI Emerging | Reduce -1.5% | 0.52% | −0.03 |
| PARAA Paramount Global Class B | Sold out | 0.00% | −0.03 |
| SONDQ Sonder Holdings Inc. | Sold out | 0.00% | −0.03 |
| FBTC Fidelity Wise Origin Bitcoin | Sold out | 0.00% | −0.03 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.03 |
| GMS GMS Inc. | Sold out | 0.00% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.03 |
| IUSV iShares Core S&P U.S. Value | Reduce -1.0% | 0.54% | −0.03 |
| NVCR Novocure Ltd. | Sold out | 0.00% | −0.02 |
| V Visa Inc. Class A | Reduce -2.4% | 0.21% | −0.02 |
| IVV iShares Core S&P 500 ETF | Reduce -14.9% | 0.07% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -1.4% | 0.09% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Reduce -6.8% | 0.12% | −0.01 |
| XLB SS Materials Select Sector | Reduce -2.6% | 0.22% | −0.01 |
| SLB SLB Ltd. | Reduce -7.2% | 0.03% | −0.01 |
| BCO The Brink's Co. | Reduce -1.0% | 1.88% | −0.01 |
| KO The Coca-Cola Co. | Reduce -16.5% | 0.04% | −0.01 |
| VTRS Viatris Inc. | Reduce -24.9% | 0.02% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -15.5% | 0.02% | −0.01 |
| AMLX Amylyx Pharmaceuticals Inc. | Sold out | 0.00% | −0.00 |
| HWC Hancock Whitney Corp. | Reduce -5.4% | 0.02% | −0.00 |
| IJH iShares Core S&P Midcap ETF | Reduce -3.0% | 0.03% | −0.00 |
| TDUP Thredup Inc. Class A | Sold out | 0.00% | −0.00 |
| QVCG QVC Group Inc. | Reduce -22.1% | 0.00% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 2.97% | +0.02 |
| HSIC Henry Schein Inc. | Reduce -0.1% | 2.80% | +0.03 |
| HLMN Hillman Solutions Corp. | Reduce -1.6% | 0.88% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Reduce -8.4% | 0.66% | +0.11 |
| VRT Vertiv Holdings Co. Class A | Reduce -0.7% | 8.39% | +0.13 |
| PGR Progressive Corp. | Reduce -1.4% | 2.94% | +0.20 |
| KKR KKR & Co. Inc. | Reduce -0.0% | 2.72% | +0.26 |
| PNR Pentair PLC | Reduce -2.5% | 3.62% | +0.35 |
Portfolio Buys Q2 2024 → Q3 2024
| GPGI Gpgi Inc. | New | 1.19% | +1.19 |
| PTLO Portillo's Inc. Class A | Add +48.4% | 2.52% | +1.14 |
| CSW CSW Industrials Inc. | Add +0.3% | 3.32% | +0.63 |
| YUMC Yum China Holdings Inc. | Add +0.5% | 2.15% | +0.50 |
| DIS The Walt Disney Co. | Add +129.6% | 0.74% | +0.37 |
| KVUE Kenvue Inc. | Add +0.8% | 2.25% | +0.28 |
| AVTR Avantor Inc. | Add +1.9% | 2.49% | +0.24 |
| SBUX Starbucks Corp. | Add +0.1% | 1.14% | +0.12 |
| DVN Devon Energy Corp. | New | 0.10% | +0.10 |
| BMY Bristol-Myers Squibb Co. | Add +19.0% | 0.27% | +0.07 |
| UHAL.B U-Haul Holding Co.-Non Voting | Add +1.4% | 0.84% | +0.06 |
| CLF Cleveland-Cliffs Inc. | Add +128.0% | 0.15% | +0.06 |
| MNR Mach Natural Resources LP | Add +143.8% | 0.13% | +0.06 |
| TSLA Tesla Inc. | Add +4.7% | 0.31% | +0.06 |
| ABBV Abbvie Inc. | Add +0.6% | 1.56% | +0.05 |
| HPE Hewlett Packard Enterprise | New | 0.05% | +0.05 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.27% | +0.03 |
| META Meta Platforms Inc. Class A | Add +0.3% | 2.32% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +39.4% | 0.10% | +0.02 |
| CLOV Clover Health Investments Co. | New | 0.02% | +0.02 |
| IBIT iShares Bitcoin Trust ETF | New | 0.02% | +0.02 |
| ACN Accenture PLC Class A | New | 0.02% | +0.02 |
| CARR Carrier Global Corp. | New | 0.02% | +0.02 |
| PATH Uipath Inc. Class A | Add +52.8% | 0.07% | +0.02 |
| CIEN Ciena Corp. | Add +15.8% | 0.07% | +0.02 |
| NMRK Newmark Group Inc. Class A | Add +2.2% | 0.06% | +0.02 |
| CEG Constellation Energy | Add +0.2% | 0.12% | +0.02 |
| AAPL Apple Inc. | Add +2.3% | 2.31% | +0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +4.1% | 0.16% | +0.01 |
| BWAY Brainsway Ltd.-ADR | New | 0.01% | +0.01 |
| HD Home Depot Inc. | Add +1.5% | 0.20% | +0.01 |
| ORCL Oracle Corp. | Add +0.9% | 0.14% | +0.01 |
| VMEO Vimeo Inc. | Add +1.3% | 0.05% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +3.1% | 0.13% | +0.01 |
| XLRE SS Real Estate Select Sector | Add +0.6% | 0.15% | +0.01 |
| RXRX Recursion Pharmaceuticals-A | Add +60.0% | 0.03% | +0.01 |
| RTX RTX Corp. | Add +0.1% | 0.06% | +0.00 |
| MA Mastercard Inc. Class A | Add +2.3% | 0.13% | +0.00 |
| NAT Nordic American Tankers Ltd. | Add +40.0% | 0.01% | +0.00 |
| BIV Vanguard Intermediate-Term B | Add +9.4% | 0.07% | +0.00 |
| CSCO Cisco Systems Inc. | Add +0.8% | 0.05% | +0.00 |
| DE Deere & Co. | Add +1.1% | 0.04% | +0.00 |
| DEO Diageo PLC-Sponsored ADR | Add +1.5% | 0.04% | +0.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +9.7% | 0.07% | +0.00 |
| AVGO Broadcom Inc. | Add +4.6% | 0.03% | 0.00 |
| TMO Thermo Fisher Scientific Inc. | Add +0.4% | 0.10% | −0.00 |
| TTD Trade Desk Inc./the Class A | Add +0.0% | 0.23% | −0.00 |
| MSOS Advisorshares Pure US Cann | Add +14.2% | 0.05% | −0.00 |
| GS Goldman Sachs Group Inc. | Add +0.2% | 0.03% | −0.00 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +8.0% | 0.07% | −0.00 |
Notes & Other Activity Q2 2024 → Q3 2024
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | New | 1,582,000 | $1.4M |
| CXAIW Kins Tech Group Class A -CW25 | *W EXP 99/99/999 | Add +4.0% | 510,000 | $128K |
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 |