Managers / Q3 2019 · view latest →
Zuckerman Investment Group, LLC
CIK 0001423296 · 155 NORTH WACKER DRIVE, SUITE 1700, CHICAGO, IL, 60606 · 312-948-8000
Reported Value
$424M
Q3 2019
Positions
66
Filings on Record
30
2019–present window
Filed
Nov 13, 2019
original filing
Summary
Zuckerman Investment Group, LLC reported $424M in U.S.-listed holdings across 66 positions for Q3 2019.
Its largest position, CSWC, represents 5.8% of the portfolio.
Compared with Q2 2019, the fund opened 3 new positions and exited 2.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- Common Stock · 76.5% · $324M
- Other · 16.6% · $70M
- US DOMESTIC · 4.2% · $18M
- REIT · 2.1% · $9M
- Closed-End Fund · 0.6% · $2M
- Other · 0.1% · $419,000
Quarter-over-Quarter Changes full breakdown →
vs Q2 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SRCUSDSPIRIT RLTY CAP INC NEW | NEW | +183.7K | 183.7K | +$9M | $9M |
| SPIRIT RLTY CAP INC NEW | NEW | +6.85M | 6.85M | +$7M | $7M |
| TAT&T INC | NEW | +5.5K | 5.5K | +$208,000 | $208,000 |
| SPIRIT RLTY CAP INC NEW | SOLD OUT | −268.4K | 0 | −$11M | $0 |
| SPIRIT RLTY CAP INC NEW | SOLD OUT | −6.88M | 0 | −$7M | $0 |
| CVETUSDCOVETRUS INC | ADDED | +302.3K | 807.6K | −$3M | $10M |
| MSIMOTOROLA SOLUTIONS INC | TRIMMED | −43.5K | 39.6K | −$7M | $7M |
| QVCAUSDQURATE RETAIL INC | ADDED | +279.1K | 906.4K | +$2M | $9M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2019
48 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | CSWCCAPITAL SOUTHWEST CORP | COM | 5.84% | $25M | 1.13M |
| 2 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW · CL A | 5.34% | $23M | 105.9K |
| 3 | AWNADVANCE AUTO PARTS INC | COM | 4.45% | $19M | 114.0K |
| 4 | CMCSACOMCAST CORP NEW | CL A | 4.35% | $18M | 409.0K |
| 5 | SCHLSCHOLASTIC CORP | COM | 4.26% | $18M | 478.6K |
| 6 | SPARTAN MTRS INC | COM | 4.08% | $17M | 1.26M |
| 7 | HSICHENRY SCHEIN INC | COM | 4.00% | $17M | 267.1K |
| 8 | SRCUSDSPIRIT RLTY CAP INC NEW | COM NEW · NOTE 3.750% 5/1 | 3.73% | $16M | 7.04M |
| 9 | JOHNSON CTLS INTL PLC | SHS | 3.70% | $16M | 357.4K |
| 10 | TRNTRINITY INDS INC | COM | 3.41% | $14M | 734.7K |
| 11 | PENTAIR PLC | SHS | 3.32% | $14M | 372.8K |
| 12 | THSTREEHOUSE FOODS INC | COM | 3.28% | $14M | 250.6K |
| 13 | SRCLEURSTERICYCLE INC | COM | 3.26% | $14M | 271.3K |
| 14 | BCOBRINKS CO | COM | 3.09% | $13M | 157.9K |
| 15 | HBBHAMILTON BEACH BRANDS HLDG C | COM CL A | 3.07% | $13M | 803.8K |
| 16 | CBS CORP NEW | CL B | 2.91% | $12M | 305.4K |
| 17 | WBAWALGREENS BOOTS ALLIANCE INC | COM | 2.82% | $12M | 215.8K |
| 18 | AGCOAGCO CORP | COM | 2.67% | $11M | 149.6K |
| 19 | DKSDICKS SPORTING GOODS INC | COM | 2.66% | $11M | 275.9K |
| 20 | AMERICAN RLTY CAP PPTYS INC | NOTE 3.750%12/1 | 2.56% | $11M | 10.73M |
| 21 | CSWCSW INDUSTRIALS INC | COM | 2.56% | $11M | 157.0K |
| 22 | MSFTMICROSOFT CORP | COM | 2.27% | $10M | 69.2K |
| 23 | CVETUSDCOVETRUS INC | COM | 2.27% | $10M | 807.6K |
| 24 | BKRBAKER HUGHES A GE CO | CL A | 2.21% | $9M | 404.5K |
| 25 | QVCAUSDQURATE RETAIL INC | COM SER A | 2.21% | $9M | 906.4K |
| 26 | RLRALPH LAUREN CORP | CL A | 2.15% | $9M | 95.3K |
| 27 | SAFEGUARD SCIENTIFICS INC | COM NEW | 1.99% | $8M | 742.8K |
| 28 | MSIMOTOROLA SOLUTIONS INC | COM NEW | 1.59% | $7M | 39.6K |
| 29 | BVBRIGHTVIEW HLDGS INC | COM | 1.52% | $6M | 375.4K |
| 30 | ABTABBOTT LABS | COM | 1.47% | $6M | 74.4K |
| 31 | ABBVABBVIE INC | COM | 1.34% | $6M | 75.1K |
| 32 | CDWCDW CORP | COM | 1.21% | $5M | 41.6K |
| 33 | UNVREURUNIVAR SOLUTIONS INC | COM | 0.83% | $4M | 170.2K |
| 34 | CBOECBOE GLOBAL MARKETS INC | COM | 0.30% | $1M | 11.1K |
| 35 | A H BELO CORP | COM CL A | 0.30% | $1M | 339.8K |
| 36 | TRVCCITIGROUP INC | COM NEW | 0.25% | $1M | 15.5K |
| 37 | SPIRIT MTA REIT | COM SHS | 0.24% | $1M | 120.6K |
| 38 | RGTROYCE GLOBAL VALUE TR INC | COM | 0.22% | $931,000 | 92.0K |
| 39 | CETCENTRAL SECS CORP | COM | 0.21% | $873,000 | 27.8K |
| 40 | DISDISNEY WALT CO | COM DISNEY | 0.17% | $705,000 | 5.4K |
| 41 | MMM3M CO | COM | 0.16% | $658,000 | 4.0K |
| 42 | AAPLAPPLE INC | COM | 0.14% | $586,000 | 2.6K |
| 43 | CKXCKX LANDS INC | COM | 0.13% | $562,000 | 58.1K |
| 44 | SLBSCHLUMBERGER LTD | COM | 0.13% | $539,000 | 15.8K |
| 45 | PGPROCTER & GAMBLE CO | COM | 0.13% | $531,000 | 4.3K |
| 46 | WFCWELLS FARGO CO NEW | COM | 0.12% | $502,000 | 9.9K |
| 47 | SBUXSTARBUCKS CORP | COM | 0.11% | $467,000 | 5.3K |
| 48 | NCNACCO INDS INC | CL A | 0.10% | $425,000 | 6.7K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $1.1B | 136 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $1.1B | 137 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $1.1B | 158 | Nov 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $1.0B | 155 | Aug 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $933M | 164 | May 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $1.0B | 153 | Feb 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $973M | 145 | Nov 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $865M | 147 | Aug 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $882M | 147 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $774M | 131 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $699M | 133 | Nov 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $699M | 123 | Aug 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $658M | 122 | May 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $633M | 133 | Feb 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $533M | 117 | Nov 7, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $550M | 112 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $620M | 114 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $645M | 116 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $604M | 113 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $634M | 114 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $609M | 109 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $543M | 88 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $451M | 81 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $422M | 79 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $343M | 69 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $479M | 67 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $424M | 66 | Nov 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $452M | 65 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $423M | 63 | May 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $360M | 59 | Feb 13, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.