Ron Muhlenkamp - Muhlenkamp & Company
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    29
Portfolio value:    $379,789,142
Holdings Activity Buys Sells    History
History Stock Activity Share change % change to portfolio
Q1 2026
URI - United Rentals, Inc. Reduce 0.02% 3 0.00
RGLD - Royal Gold, Inc. Reduce 0.04% 36 0.00
MCK - McKesson Corp. Reduce 0.09% 24 0.01
BRK.B - Berkshire Hathaway CL B Reduce 0.16% 60 0.01
MSFT - Microsoft Corp. Reduce 0.21% 68 0.01
WAB - Westinghouse Air Brake Technologies Corp. Reduce 0.23% 146 0.01
AAPL - Apple Inc. Reduce 0.45% 282 0.02
RUSHB - Rush Enterprises, Inc. Reduce 0.49% 47 0.00
GLD - SPDR Gold Shares Reduce 0.98% 218 0.02
AEM - Agnico Eagle Mines Ltd. Reduce 8.38% 12,681 0.58
ICLR - ICON Public Ltd. Co. Reduce 10.64% 7,860 0.39
EQT - EQT Corp. Reduce 11.06% 49,885 0.72
RUSHA - Rush Enterprises, Inc. Reduce 11.61% 43,614 0.63
AMLP - Alerian MLP ETF Reduce 14.57% 25,686 0.32
BGC - BGC Group, Inc. Reduce 17.92% 315,339 0.76
NEM - Newmont Corp. Reduce 18.74% 53,299 1.43
NMIH - NMI Holdings, Inc. Reduce 21.71% 101,570 1.11
MTZ - MasTec, Inc. Reduce 59.50% 62,928 3.68
GTLS - Chart Inds Inc Sell 100.00% 7,924 0.44
Q4 2025
MTZ - MasTec, Inc. Reduce 0.02% 26 0.00
AEM - Agnico Eagle Mines Ltd. Reduce 0.03% 42 0.00
AMLP - Alerian MLP ETF Reduce 0.24% 420 0.01
JD - JD.com, Inc. Sell 100.00% 181,412 1.72
RCL - Royal Caribbean Cruises Ltd. Sell 100.00% 2,671 0.23
FCF - First Commonwealth Financial Corp. Sell 100.00% 10,154 0.05
Q3 2025
EQT - EQT Corp. Reduce 0.01% 52 0.00
URI - United Rentals, Inc. Reduce 0.03% 4 0.00
MTZ - MasTec, Inc. Reduce 0.28% 298 0.02
GLD - SPDR Gold Shares Reduce 0.29% 64 0.01
TRV - The Travelers Companies, Inc. Reduce 0.32% 21 0.00
JD - JD.com, Inc. Reduce 11.03% 22,484 0.23
DOW - Dow Inc. Sell 100.00% 229,069 1.89
RIG - Transocean Ltd. Sell 100.00% 1,058,760 0.86
Q2 2025
GLD - SPDR Gold Shares Reduce 0.10% 22 0.00
MCK - McKesson Corp. Reduce 29.81% 11,505 2.53
UNH - UnitedHealth Group Inc. Sell 100.00% 25,045 4.29
Q1 2025
SLB - SLB N.V. Reduce 0.00% 10 0.00
BGC - BGC Group, Inc. Reduce 0.03% 459 0.00
MTZ - MasTec, Inc. Reduce 0.04% 45 0.00
DOW - Dow Inc. Reduce 0.05% 104 0.00
TMHC - Taylor Morrison Home Corp. Reduce 0.05% 74 0.00
URI - United Rentals, Inc. Reduce 0.05% 7 0.00
BRK.B - Berkshire Hathaway CL B Reduce 0.09% 34 0.00
RUSHA - Rush Enterprises, Inc. Reduce 0.13% 497 0.01
WAB - Westinghouse Air Brake Technologies Corp. Reduce 0.18% 110 0.01
MCK - McKesson Corp. Reduce 0.19% 72 0.01
NMIH - NMI Holdings, Inc. Reduce 0.20% 922 0.01
EQT - EQT Corp. Reduce 0.30% 1,344 0.02
UNH - UnitedHealth Group Inc. Reduce 0.87% 220 0.03
AAPL - Apple Inc. Reduce 0.97% 610 0.05
MCHP - Microchip Technology Inc. Reduce 5.80% 6,832 0.12
EPD - Enterprise Products Partners L.P. Reduce 7.45% 2,000 0.02
TGNA - Tegna Inc Sell 100.00% 691,332 3.84
OXY - Occidental Petroleum Corp. Sell 100.00% 237,967 3.57
PHM - PulteGroup, Inc. Sell 100.00% 98,071 3.24
KEX - Kirby Corp. Sell 100.00% 73,011 2.34
IBIT - iShares Bitcoin Trust ETF Sell 100.00% 14,010 0.23
Q3 2024
PHM - PulteGroup, Inc. Reduce 0.03% 34 0.00
TMHC - Taylor Morrison Home Corp. Reduce 0.03% 50 0.00
UNH - UnitedHealth Group Inc. Reduce 0.03% 7 0.00
WAB - Westinghouse Air Brake Technologies Corp. Reduce 0.04% 26 0.00
BRK.B - Berkshire Hathaway CL B Reduce 0.05% 18 0.00
NMIH - NMI Holdings, Inc. Reduce 0.06% 298 0.00
MCK - McKesson Corp. Reduce 0.08% 29 0.01
BGC - BGC Group, Inc. Reduce 0.09% 1,549 0.00
KEX - Kirby Corp. Reduce 24.96% 24,200 0.90
AVGO - Broadcom Inc. Sell 100.00% 8,129 4.07
Q2 2024
EQT - EQT Corp. Reduce 0.00% 9 0.00
PHM - PulteGroup, Inc. Reduce 0.01% 7 0.00
DOW - Dow Inc. Reduce 0.03% 68 0.00
OXY - Occidental Petroleum Corp. Reduce 0.04% 87 0.00
SLB - SLB N.V. Reduce 0.05% 168 0.00
NMIH - NMI Holdings, Inc. Reduce 0.07% 343 0.00
BRK.B - Berkshire Hathaway CL B Reduce 0.11% 41 0.01
BGC - BGC Group, Inc. Reduce 0.12% 2,012 0.00
MCK - McKesson Corp. Reduce 0.14% 55 0.01
WAB - Westinghouse Air Brake Technologies Corp. Reduce 0.73% 461 0.02
MTZ - MasTec, Inc. Reduce 20.86% 27,743 0.75
KEX - Kirby Corp. Reduce 42.74% 72,367 2.00
AVGO - Broadcom Inc. Reduce 48.83% 77,560 2.99
BMY - Bristol-Myers Squibb Co. Sell 100.00% 135,045 2.13
Q4 2023
MSFT - Microsoft Corp. Reduce 0.96% 300 0.03
AAPL - Apple Inc. Reduce 1.71% 1,050 0.06
AVGO - Broadcom Inc. Reduce 2.04% 3,250 0.09
KRE - State Street SPDR S&P Regional Banking ETF Sell 100.00% 249,235 3.59
FNV - Franco-Nevada Corp. Sell 100.00% 47,811 2.20
TMO - Thermo Fisher Scientific Inc. Sell 100.00% 450 0.08
Q3 2023
RUSHB - Rush Enterprises, Inc. Reduce 0.02% 2 0.00
EQT - EQT Corp. Reduce 0.07% 333 0.00
MCHP - Microchip Technology Inc. Reduce 0.10% 109 0.00
SLB - SLB N.V. Reduce 0.14% 433 0.01
MCK - McKesson Corp. Reduce 0.15% 58 0.01
KEX - Kirby Corp. Reduce 0.18% 297 0.01
BRK.B - Berkshire Hathaway CL B Reduce 0.23% 86 0.01
AVGO - Broadcom Inc. Reduce 0.49% 790 0.02
CVS - CVS Health Corp. Sell 100.00% 110,695 2.71
BGCP - Bgc Partners Inc Sell 100.00% 1,567,592 2.46
XOM - ExxonMobil Holdings Corp. Sell 100.00% 1,952 0.07