Zuckerman Investment Group portfolio
Wealth adviserPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Zuckerman Investment Group reported a $1.2 bn portfolio of 135 companies (137 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are VRT, GOOGL, ICLR.
Sections with a free account
What changed this quarter
71 positions with a change (9 new, 39 added to, 18 trimmed, 5 sold); also, 1 exited through an acquisition or merger. 4 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Vertiv Holdings−17%fewer sharesReduced9.5% → 9.5%
- Chewy+138%more sharesIncreased1.3% → 2.0%
- KKR+26%more sharesIncreased2.7% → 3.0%
- Visa+206%more sharesIncreased0.3% → 0.9%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Vertiv HoldingsVRT9.5%
- AlphabetGOOGL · GOOG5.2%
- IconICLR4.3%
- Berkshire HathawayBRK/B · BRK/A4.2%
- ULTA BeautyULTA3.8%
- KKRKKR3.0%
- MicrosoftMSFT3.0%
- McKESSONMCK2.8%
- AppleAAPL2.8%
- AbbVieABBV2.8%
- Vanguard International Equity Index FVWO2.7%
- SalesforceCRM2.6%
- Vanguard Ftse Developed ETFVEA2.6%
- GPGIGPGI2.6%
- DICK'S Sporting GoodsDKS2.4%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● No sector 19%
- ● Financials 16%
- ● Health Care 15%
- ● Industrials 15%
- ● Consumer Discretionary 13%
- ● Information Technology 10%
- ● Communication Services 9%
- ● Materials 2%
- ● Consumer Staples 1%
How its portfolio changed (8 quarters)
Q2 2026: 137
Q2 2026: 40%
Q2 2026: 4.5%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Declared options (1)
Besides stocks, Zuckerman Investment Group declared 1 call (they gain if it rises) with a notional of $14.7K. The 13F reports the value of the underlying shares, not the premium paid, so these figures look large and are not added to the portfolio. Nor does it say whether the option is bought or written, or its strike or expiry: it may be a hedge.
- CALLOracleORCL$14.7K
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Wealth adviser, per its Form ADV of Sep 1, 2026 (high confidence).
The data, as reported: ZUCKERMAN INVESTMENT GROUP (CRD 137785): 5.D assets by client type: high net worth 92% (of $2.2 bn); 5.F 1463 accounts, 2% non-discretionary; 5.D 439 clients, 425 individuals; signals: 5.G(1) financial planning, 5.G(7) selection of other advisers
The type comes from a rule applied to that data. If it looks wrong, tell us.
Not counted as a concentrated manager: its portfolio is not within 5 to 100 positions; its top 10 positions are under 45%; it is a wealth adviser; its 13F adds up client accounts. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided
Managers of a similar size
A 13F portfolio value between a third and three times this one, whatever the type of filer. It is not a comparison of what they hold.
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