GALLAGHER ARTHUR J & CO

Ticker: AJG CUSIP: 363576109 Class: COM

LEUTHOLD GROUP, LLC's Holding History (CIK: 0001170152)

Note: Option positions (PUT/CALL) are excluded.

Q2 2016

Shares 121,802 Value ($000) $5,798 Avg Close $39.55 Range $36.70 - $41.44

Q1 2016

Shares 106,414 Value ($000) $4,733 Avg Close $33.74 Range $30.29 - $37.98

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	121,802	$5,798	$39.55	$36.70 - $41.44
Q1 2016	106,414	$4,733	$33.74	$30.29 - $37.98