13F-HR 1 cmw2181.txt HOLDINGS REPORT --------------------------------- OMB Number: 3235-0006 Expires: December 31, 2006 Estimated average burden hours per response . . . . 22.8 --------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2006 ------------------- Check here if Amendment [ ]; Amendment Number: ----------- This Amendment (Check only one): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Leuthold Weeden Capital Management, LLC Address: 100 North Sixth Street Suite 412A Minneapolis, MN 55403 Form 13F File Number: 028-10174 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Roger Peters Title: Chief Compliance Officer Phone: (612) 332-9141 Signature, Place, and Date of Signing: /s/ Roger Peters Minneapolis, MN May 12, 2006 -------------------------------------------------------------------------------- Roger Peters City, State Date Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 --------------- Form 13F Information Table Entry Total: 118 --------------- Form 13F Information Table Value Total: 1,347,717 --------------- (thousands) List of Other Included Managers: NONE Page 1 of 6 03/31/2006 FORM 13F INFORMATION TABLE Name of Reporting Manager: Leuthold Weeden Capital Management, LLC
Column 1: Column 2: Column 3: Column 4: Column 5: Column 6: Column 7: Column 8: ------------------------------------------------------------------------------------------------------------------------------------ Title Market of CUSIP Value Shares or Other Name of Issuer Class Number (x$1,000) Principal Amount Investment Discretion Managers Voting Authority ------------------------------------------------------------------------------------------------------------------------------------ SH/ Put/ Shared- Shared- PRN Call Sole Defined Other Sole Shared None ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Abbott Laboratories COMMON 002824100 12,193 287,089 SH SOLE 287,089 ------------------------------------------------------------------------------------------------------------------------------------ ADR Companhia Vale Do Rio Doce ADR 204412209 6,741 138,903 SH SOLE 138,903 ------------------------------------------------------------------------------------------------------------------------------------ Advanced Digital Information Corp COMMON 007525108 4,761 542,203 SH SOLE 542,203 ------------------------------------------------------------------------------------------------------------------------------------ AirTran Holdings Inc. COMMON 00949P108 8,209 453,288 SH SOLE 453,288 ------------------------------------------------------------------------------------------------------------------------------------ Alcan Inc COMMON 013716105 8,839 193,277 SH SOLE 193,277 ------------------------------------------------------------------------------------------------------------------------------------ Alcan Inc. COMMON 013716105 5,784 126,481 SH SOLE 126,481 ------------------------------------------------------------------------------------------------------------------------------------ Alcoa Inc COMMON 013817101 17,911 586,089 SH SOLE 586,089 ------------------------------------------------------------------------------------------------------------------------------------ Alcoa Inc COMMON 013817101 5,387 176,281 SH SOLE 176,281 ------------------------------------------------------------------------------------------------------------------------------------ Alkermes Inc COMMON 01642T108 6,287 285,108 SH SOLE 285,108 ------------------------------------------------------------------------------------------------------------------------------------ American Science & Engineering COMMON 029429107 15,773 168,873 SH SOLE 168,873 ------------------------------------------------------------------------------------------------------------------------------------ Amgen COMMON 031162100 7,809 107,337 SH SOLE 107,337 ------------------------------------------------------------------------------------------------------------------------------------ AMR Corp COMMON 001765106 35,274 1,304,027 SH SOLE 1,304,027 ------------------------------------------------------------------------------------------------------------------------------------ Analogic Corporation COMMON 032657207 2,317 35,000 SH SOLE 35,000 ------------------------------------------------------------------------------------------------------------------------------------ Ansys Incorporated COMMON 03662Q105 5,348 98,764 SH SOLE 98,764 ------------------------------------------------------------------------------------------------------------------------------------ Applera Applied Biosystems Grp COMMON 038020103 5,610 206,717 SH SOLE 206,717 ------------------------------------------------------------------------------------------------------------------------------------ AstraZeneca PLC ADR 046353108 17,733 353,039 SH SOLE 353,039 ------------------------------------------------------------------------------------------------------------------------------------ Barr Laboratories COMMON 068306109 13,386 212,536 SH SOLE 212,536 ------------------------------------------------------------------------------------------------------------------------------------ BHP Billiton ADR ADR 088606108 36,734 921,816 SH SOLE 921,816 ------------------------------------------------------------------------------------------------------------------------------------ Biogen Idec Inc COMMON 09062X103 5,765 122,398 SH SOLE 122,398 ------------------------------------------------------------------------------------------------------------------------------------ Bristol-Myer Squibb COMMON 110122108 7,251 294,642 SH SOLE 294,642 ------------------------------------------------------------------------------------------------------------------------------------ Burlington Northern Santa Fe COMMON 12189T104 20,503 246,046 SH SOLE 246,046 ------------------------------------------------------------------------------------------------------------------------------------
Page 2 of 6 03/31/2006 FORM 13F INFORMATION TABLE Name of Reporting Manager: Leuthold Weeden Capital Management, LLC
Column 1: Column 2: Column 3: Column 4: Column 5: Column 6: Column 7: Column 8: ------------------------------------------------------------------------------------------------------------------------------------ Title Market of CUSIP Value Shares or Other Name of Issuer Class Number (x$1,000) Principal Amount Investment Discretion Managers Voting Authority ------------------------------------------------------------------------------------------------------------------------------------ SH/ Put/ Shared- Shared- PRN Call Sole Defined Other Sole Shared None ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ CACI International Inc- CL A CLASS A 127190304 9,375 142,587 SH SOLE 142,587 ------------------------------------------------------------------------------------------------------------------------------------ Canadian Natl Railway COMMON 136375102 17,108 377,822 SH SOLE 377,822 ------------------------------------------------------------------------------------------------------------------------------------ Canadian Pacific Railway Ltd COMMON 13645T100 12,410 248,357 SH SOLE 248,357 ------------------------------------------------------------------------------------------------------------------------------------ Celgene Corp COMMON 151020104 12,665 286,400 SH SOLE 286,400 ------------------------------------------------------------------------------------------------------------------------------------ Central European Equity Fund COMMON 153436100 1,607 33,041 SH SOLE 33,041 ------------------------------------------------------------------------------------------------------------------------------------ Cepheid Inc. COMMON 15670R107 3,066 334,748 SH SOLE 334,748 ------------------------------------------------------------------------------------------------------------------------------------ Cerner Corp. COMMON 156782104 27,367 576,748 SH SOLE 576,748 ------------------------------------------------------------------------------------------------------------------------------------ Chesapeake Energy Corp COMMON 165167107 20,049 638,312 SH SOLE 638,312 ------------------------------------------------------------------------------------------------------------------------------------ Citrix Systems COMMON 177376100 8,725 230,220 SH SOLE 230,220 ------------------------------------------------------------------------------------------------------------------------------------ Cognos Inc COMMON 19244C109 4,246 109,157 SH SOLE 109,157 ------------------------------------------------------------------------------------------------------------------------------------ Compuware Corp COMMON 205638109 4,619 589,913 SH SOLE 589,913 ------------------------------------------------------------------------------------------------------------------------------------ Continental Airlines COMMON 210795308 23,595 877,130 SH SOLE 877,130 ------------------------------------------------------------------------------------------------------------------------------------ CSX Corp COMMON 126408103 13,478 225,383 SH SOLE 225,383 ------------------------------------------------------------------------------------------------------------------------------------ Cubic Corp COMMON 229669106 1,256 52,483 SH SOLE 52,483 ------------------------------------------------------------------------------------------------------------------------------------ Davita Inc COMMON 23918K108 10,661 177,061 SH SOLE 177,061 ------------------------------------------------------------------------------------------------------------------------------------ EMC Corp/Mass COMMON 268648102 9,803 719,204 SH SOLE 719,204 ------------------------------------------------------------------------------------------------------------------------------------ Encana Corp COMMON 292505104 6,075 129,996 SH SOLE 129,996 ------------------------------------------------------------------------------------------------------------------------------------ Essex Corp COMMON 296744105 3,537 160,620 SH SOLE 160,620 ------------------------------------------------------------------------------------------------------------------------------------ Fair Isaac Inc COMMON 303250104 4,661 117,652 SH SOLE 117,652 ------------------------------------------------------------------------------------------------------------------------------------ Genentech Inc COMMON 368710406 12,007 142,081 SH SOLE 142,081 ------------------------------------------------------------------------------------------------------------------------------------ Genzyme Corp - Genl Division COMMON 372917104 5,458 81,201 SH SOLE 81,201 ------------------------------------------------------------------------------------------------------------------------------------
Page 3 of 6 03/31/2006 FORM 13F INFORMATION TABLE Name of Reporting Manager: Leuthold Weeden Capital Management, LLC
Column 1: Column 2: Column 3: Column 4: Column 5: Column 6: Column 7: Column 8: ------------------------------------------------------------------------------------------------------------------------------------ Title Market of CUSIP Value Shares or Other Name of Issuer Class Number (x$1,000) Principal Amount Investment Discretion Managers Voting Authority ------------------------------------------------------------------------------------------------------------------------------------ SH/ Put/ Shared- Shared- PRN Call Sole Defined Other Sole Shared None ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Gilead Sciences Inc COMMON 375558103 10,702 172,001 SH SOLE 172,001 ------------------------------------------------------------------------------------------------------------------------------------ GlaxoSmithKline PLC-ADS ADR 37733W105 8,743 167,146 SH SOLE 167,146 ------------------------------------------------------------------------------------------------------------------------------------ Hyperion Solutions Corp COMMON 44914M104 4,788 146,866 SH SOLE 146,866 ------------------------------------------------------------------------------------------------------------------------------------ Imation Corp COMMON 45245A107 3,673 85,594 SH SOLE 85,594 ------------------------------------------------------------------------------------------------------------------------------------ IMS Health COMMON 449934108 7,784 302,056 SH SOLE 302,056 ------------------------------------------------------------------------------------------------------------------------------------ Inco Ltd COMMON 453258402 18,939 379,613 SH SOLE 379,613 ------------------------------------------------------------------------------------------------------------------------------------ Inco Ltd. COMMON 453258402 29,004 581,369 SH SOLE 581,369 ------------------------------------------------------------------------------------------------------------------------------------ Informatica Corp COMMON 45666Q102 4,056 260,857 SH SOLE 260,857 ------------------------------------------------------------------------------------------------------------------------------------ IShares MSCI Brazil MSCI BRAZIL 464286400 8,270 207,005 SH SOLE 207,005 ------------------------------------------------------------------------------------------------------------------------------------ IShares MSCI Emerging Markets MSCI EMER 464287234 18,216 184,004 SH SOLE 184,004 ------------------------------------------------------------------------------------------------------------------------------------ iShares MSCI Japan Index Fund MSCI JAPAN 464286848 52,756 3,663,592 SH SOLE 3,663,592 ------------------------------------------------------------------------------------------------------------------------------------ IShares MSCI Malaysia MSCI MALAY 464286830 2,710 362,775 SH SOLE 362,775 ------------------------------------------------------------------------------------------------------------------------------------ IShares MSCI South Africa MSCI S AFR 464286780 4,405 38,305 SH SOLE 38,305 ------------------------------------------------------------------------------------------------------------------------------------ Ishares MSCI South Korea MSCI S KOR 464286772 5,946 127,465 SH SOLE 127,465 ------------------------------------------------------------------------------------------------------------------------------------ Ishares MSCI Taiwan Index Fund MSCI TAIW 464286731 3,434 269,770 SH SOLE 269,770 ------------------------------------------------------------------------------------------------------------------------------------ iShares S&P Latin Amer 40 S&P LATIN A 464287390 7,070 50,418 SH SOLE 50,418 ------------------------------------------------------------------------------------------------------------------------------------ Ishr China 25 Fund FTSE XNHUA 464287184 8,706 117,208 SH SOLE 117,208 ------------------------------------------------------------------------------------------------------------------------------------ Japan Smaller Cap Fund Inc COMMON 47109U104 2,707 163,574 SH SOLE 163,574 ------------------------------------------------------------------------------------------------------------------------------------ Komag Inc COMMON 500453204 6,129 128,769 SH SOLE 128,769 ------------------------------------------------------------------------------------------------------------------------------------ L-3 Communications COMMON 502424104 15,314 178,508 SH SOLE 178,508 ------------------------------------------------------------------------------------------------------------------------------------ Laboratory Corp Amer Hldgs New COMMON 50540R409 16,734 286,156 SH SOLE 286,156 ------------------------------------------------------------------------------------------------------------------------------------
Page 4 of 6 03/31/2006 FORM 13F INFORMATION TABLE Name of Reporting Manager: Leuthold Weeden Capital Management, LLC
Column 1: Column 2: Column 3: Column 4: Column 5: Column 6: Column 7: Column 8: ------------------------------------------------------------------------------------------------------------------------------------ Title Market of CUSIP Value Shares or Other Name of Issuer Class Number (x$1,000) Principal Amount Investment Discretion Managers Voting Authority ------------------------------------------------------------------------------------------------------------------------------------ SH/ Put/ Shared- Shared- PRN Call Sole Defined Other Sole Shared None ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Lawson Software Inc COMMON 52078P102 3,705 482,995 SH SOLE 482,995 ------------------------------------------------------------------------------------------------------------------------------------ Lilly (Eli)& Co COMMON 532457108 10,726 193,963 SH SOLE 193,963 ------------------------------------------------------------------------------------------------------------------------------------ Manulife Financial Corp COMMON 56501R106 23,746 378,296 SH SOLE 378,296 ------------------------------------------------------------------------------------------------------------------------------------ McKesson Corp COMMON 58155Q103 10,307 197,712 SH SOLE 197,712 ------------------------------------------------------------------------------------------------------------------------------------ Medarex Inc COMMON 583916101 4,582 346,630 SH SOLE 346,630 ------------------------------------------------------------------------------------------------------------------------------------ Medimmune Inc COMMON 584699102 5,005 136,815 SH SOLE 136,815 ------------------------------------------------------------------------------------------------------------------------------------ Mentor Graphics Corp COMMON 587200106 4,965 449,352 SH SOLE 449,352 ------------------------------------------------------------------------------------------------------------------------------------ Merck & Co., Inc. COMMON 589331107 8,868 251,729 SH SOLE 251,729 ------------------------------------------------------------------------------------------------------------------------------------ Mesa Air Group Inc COMMON 590479101 3,708 324,117 SH SOLE 324,117 ------------------------------------------------------------------------------------------------------------------------------------ Metlife Inc COMMON 59156R108 26,354 544,842 SH SOLE 544,842 ------------------------------------------------------------------------------------------------------------------------------------ M-Systems Flash Disk COMMON M7061C100 10,011 387,124 SH SOLE 387,124 ------------------------------------------------------------------------------------------------------------------------------------ MTC Technologies Inc COMMON 55377A106 4,255 152,016 SH SOLE 152,016 ------------------------------------------------------------------------------------------------------------------------------------ Mylan Labs COMMON 628530107 15,956 681,899 SH SOLE 681,899 ------------------------------------------------------------------------------------------------------------------------------------ Nasdaq - 100 Trust Ser 1 COMMON 631100104 2,954 70,440 SH SOLE 70,440 ------------------------------------------------------------------------------------------------------------------------------------ Neurocrine Biosciences Inc COMMON 64125C109 10,526 163,098 SH SOLE 163,098 ------------------------------------------------------------------------------------------------------------------------------------ NICE Systems Ltd COMMON 653656108 5,217 102,377 SH SOLE 102,377 ------------------------------------------------------------------------------------------------------------------------------------ Norfolk Southern Corp COMMON 655844108 16,689 308,654 SH SOLE 308,654 ------------------------------------------------------------------------------------------------------------------------------------ Novartis AG-ADR ADR 66987V109 9,354 168,719 SH SOLE 168,719 ------------------------------------------------------------------------------------------------------------------------------------ OSI Systems Inc COMMON 671044105 1,148 54,307 SH SOLE 54,307 ------------------------------------------------------------------------------------------------------------------------------------ Pan American Silver C COMMON 697900108 4,090 161,025 SH SOLE 161,025 ------------------------------------------------------------------------------------------------------------------------------------ PDL BioPharma Inc. COMMON 69329y104 5,635 171,784 SH SOLE 171,784 ------------------------------------------------------------------------------------------------------------------------------------
Page 5 of 6 03/31/2006 FORM 13F INFORMATION TABLE Name of Reporting Manager: Leuthold Weeden Capital Management, LLC
Column 1: Column 2: Column 3: Column 4: Column 5: Column 6: Column 7: Column 8: ------------------------------------------------------------------------------------------------------------------------------------ Title Market of CUSIP Value Shares or Other Name of Issuer Class Number (x$1,000) Principal Amount Investment Discretion Managers Voting Authority ------------------------------------------------------------------------------------------------------------------------------------ SH/ Put/ Shared- Shared- PRN Call Sole Defined Other Sole Shared None ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Pediatrix Medical Group Inc COMMON 705324101 15,846 154,380 SH SOLE 154,380 ------------------------------------------------------------------------------------------------------------------------------------ Pfizer Inc COMMON 717081103 8,371 335,932 SH SOLE 335,932 ------------------------------------------------------------------------------------------------------------------------------------ Phelps Dodge COMMON 717265102 30,525 379,052 SH SOLE 379,052 ------------------------------------------------------------------------------------------------------------------------------------ Phelps Dodge Corp COMMON 717265102 22,238 276,150 SH SOLE 276,150 ------------------------------------------------------------------------------------------------------------------------------------ Pogo Producing COMMON 730448107 7,311 145,500 SH SOLE 145,500 ------------------------------------------------------------------------------------------------------------------------------------ Prudential Financial Inc COMMON 744320102 45,975 606,451 SH SOLE 606,451 ------------------------------------------------------------------------------------------------------------------------------------ QLogic Corp COMMON 747277101 6,562 339,117 SH SOLE 339,117 ------------------------------------------------------------------------------------------------------------------------------------ Quality Systems Inc COMMON 747582104 6,109 184,562 SH SOLE 184,562 ------------------------------------------------------------------------------------------------------------------------------------ Rio Tinto ADR 767204100 36,276 175,244 SH SOLE 175,244 ------------------------------------------------------------------------------------------------------------------------------------ Rio Tinto Plc ADR 767204100 16,555 79,975 SH SOLE 79,975 ------------------------------------------------------------------------------------------------------------------------------------ S&P 500 Depos Receipt COMMON 78462F103 2,946 22,691 SH SOLE 22,691 ------------------------------------------------------------------------------------------------------------------------------------ Sandisk Corp COMMON 80004C101 31,771 552,349 SH SOLE 552,349 ------------------------------------------------------------------------------------------------------------------------------------ SAP AG-ADR ADR 803054204 9,689 178,375 SH SOLE 178,375 ------------------------------------------------------------------------------------------------------------------------------------ Seagate Technology COMMON G7945J104 6,699 254,412 SH SOLE 254,412 ------------------------------------------------------------------------------------------------------------------------------------ SkyWest Inc COMMON 830879102 11,118 379,852 SH SOLE 379,852 ------------------------------------------------------------------------------------------------------------------------------------ Southern Copper Corp COMMON 84265V105 18,239 215,893 SH SOLE 215,893 ------------------------------------------------------------------------------------------------------------------------------------ Southern Copper Corp COMMON 84265V105 12,327 145,919 SH SOLE 145,919 ------------------------------------------------------------------------------------------------------------------------------------ Southwestern Energy COMMON 845467109 11,811 366,912 SH SOLE 366,912 ------------------------------------------------------------------------------------------------------------------------------------ SRA International Inc COMMON 78464R105 11,778 312,170 SH SOLE 312,170 ------------------------------------------------------------------------------------------------------------------------------------ Steris Corp rated: b- COMMON 859152100 4,151 168,197 SH SOLE 168,197 ------------------------------------------------------------------------------------------------------------------------------------ Techne Corp COMMON 878377100 5,025 83,554 SH SOLE 83,554 ------------------------------------------------------------------------------------------------------------------------------------
Page 6 of 6 03/31/2006 FORM 13F INFORMATION TABLE Name of Reporting Manager: Leuthold Weeden Capital Management, LLC
Column 1: Column 2: Column 3: Column 4: Column 5: Column 6: Column 7: Column 8: ------------------------------------------------------------------------------------------------------------------------------------ Title Market of CUSIP Value Shares or Other Name of Issuer Class Number (x$1,000) Principal Amount Investment Discretion Managers Voting Authority ------------------------------------------------------------------------------------------------------------------------------------ SH/ Put/ Shared- Shared- PRN Call Sole Defined Other Sole Shared None ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ Teva Pharmaceutical -SP ADR ADR 881624209 22,045 535,341 SH SOLE 535,341 ------------------------------------------------------------------------------------------------------------------------------------ Theravance Inc COMMON 88338T104 5,121 182,637 SH SOLE 182,637 ------------------------------------------------------------------------------------------------------------------------------------ Tibco Software Inc COMMON 88632Q103 5,262 629,429 SH SOLE 629,429 ------------------------------------------------------------------------------------------------------------------------------------ Titanium Metals Corp COMMON 888339207 15,159 312,228 SH SOLE 312,228 ------------------------------------------------------------------------------------------------------------------------------------ Union Pacific Corp COMMON 907818108 12,654 135,551 SH SOLE 135,551 ------------------------------------------------------------------------------------------------------------------------------------ United Therapeutics Corp COMMON 91307C102 4,510 68,038 SH SOLE 68,038 ------------------------------------------------------------------------------------------------------------------------------------ US Airways Group Inc COMMON 90341W108 13,424 335,588 SH SOLE 335,588 ------------------------------------------------------------------------------------------------------------------------------------ Verint Systems Ince COMMON 92343X100 5,275 149,132 SH SOLE 149,132 ------------------------------------------------------------------------------------------------------------------------------------ Vertex Pharmaceuticals COMMON 92532F100 4,333 118,424 SH SOLE 118,424 ------------------------------------------------------------------------------------------------------------------------------------ Viisage Technology Inc COMMON 92675K205 5,280 301,565 SH SOLE 301,565 ------------------------------------------------------------------------------------------------------------------------------------ Western Digital COMMON 958102105 14,564 749,551 SH SOLE 749,551 ------------------------------------------------------------------------------------------------------------------------------------ Wyeth COMMON 983024100 9,225 190,123 SH SOLE 190,123 ------------------------------------------------------------------------------------------------------------------------------------ XTO Corp COMMON 98385X106 20,273 465,292 SH SOLE 465,292 ------------------------------------------------------------------------------------------------------------------------------------ TOTAL 1,347,717 ------------------------------------------------------------------------------------------------------------------------------------