Zuckerman Investment Group, LLC
SEC Form 13F institutional filer · CIK 0001423296
13F-HR · 79 reported holdings · 2026-03-31
SEC-registered institutional investment manager.
Reported long-US-equity value
$0.73B
Top-10 concentration
55.3%
Zuckerman Investment Group, LLC — $735M AUM allocation strategy
Zuckerman Investment Group, LLC files SEC Form 13F and reports $735M of long US equity value across 79 reported holdings for 2026-03-31.
Its largest sector bet is Industrials 18.6%, followed by Information Technology 14.3% and Financials 12.5%.
The top 10 holdings account for 55% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Zuckerman Investment Group, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$735M
total across 79 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
55% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$CRM +122K sh · +$17.4M+$KKR +82.3K sh · −$322K+$ADBE +22.9K sh · +$2.35M
Biggest trims (shares)
−$KVUE −922K sh · −$15.9M−$VRT −245K sh · −$4.14M−$ULTA −18.6K sh · −$18.4M
Exited to nil (held last quarter, gone now)
$VZ ($1.76M last qtr)$PCAR ($457K last qtr)$COF ($237K last qtr)$CME ($231K last qtr)$AIG ($214K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Electrical Components & Equipment13.7%—
- Interactive Media & Services9.5%—
- Health Care Distributors7.8%—
- Application Software6.6%—
- Other Specialty Retail6.2%—
- Systems Software4.2%—
- Asset Management & Custody Banks3.9%—
- Biotechnology3.8%—
- Other holdings44.1%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $VRT | Vertiv Holdings LLC | 401K | $101M | -245K | 13.7% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 163K | $46.7M | +2.48K | 6.4% |
| $ULTA | Ulta Beauty Inc | 87.2K | $45.6M | -18.6K | 6.2% |
| $MCK | McKesson Corporation | 41.6K | $36M | -6.37K | 4.9% |
| $CRM | Salesforce Inc | 192K | $35.8M | +122K | 4.9% |
| $MSFT | Microsoft Corporation | 83.5K | $30.9M | +14.5K | 4.2% |
| $KKR | KKR & Co. Inc | 309K | $28.6M | +82.3K | 3.9% |
| $ABBV | AbbVie Inc | 130K | $28.3M | +1.65K | 3.9% |
| $BRK.B | Berkshire Hathaway Inc.-Class B | 58K | $27.8M | +244 | 3.8% |
| $AAPL | Apple Inc | 101K | $25.6M | +4.28K | 3.5% |
…and 69 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.