Ronald Muhlenkamp - Muhlenkamp & Co 13F Activity & Position Changes (Q1 2021)

As of Mar 31, 2021, the Muhlenkamp & Co portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Aug 18, 2021. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2021, the filing reported:

New Buys - Equity

Increases - Apple Inc., Alerian MLP ETF, Biogen Inc., Bristol-Myers Squibb Company, Berkshire Hathaway Inc. New, and 12 more

Reductions - Broadcom Inc., Bread Financial Holdings, Inc., Cameco Corporation, Dow Inc., SPDR Gold Trust, and 7 more

Complete Exits - Baidu, Inc., Cognizant Technology Solutions , Gilead Sciences, Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2021	AAPL Apple Inc.	Apple Inc.	Buy	+44	+0.1%	$11.96K	79,609
Q1 2021	AMLP Alerian MLP ETF	Alerian MLP ETF	Buy	+22,744	+8.8%	$9.10K	280,436
Q1 2021	AVGO Broadcom Inc.	Broadcom Inc.	Sell	-10	-0.0%	$11.67K	24,370
Q1 2021	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Sell	-182	-0.1%	$11.22K	124,920
Q1 2021	BIDU Baidu, Inc.	Baidu, Inc.	Sell - Position Exit	-27,033	-100.0%	$0.00	-
Q1 2021	BIIB Biogen Inc.	Biogen Inc.	Buy	+37	+0.2%	$6.36K	18,184
Q1 2021	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy	+281	+0.2%	$8.65K	125,419
Q1 2021	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+56	+0.2%	$10.69K	36,975
Q1 2021	CCJ Cameco Corporation	Cameco Corporation	Sell	-8,776	-2.3%	$6.04K	375,775
Q1 2021	CTSH Cognizant Technology Solutions	Cognizant Technology Solutions	Sell - Position Exit	-8,998	-100.0%	$0.00	-
Q1 2021	CVS CVS Health Corporation	CVS Health Corporation	Buy	+334	+0.3%	$9.39K	108,645
Q1 2021	DOW Dow Inc.	Dow Inc.	Sell	-7,811	-3.5%	$13.54K	217,319
Q1 2021	EQC Equity	Equity	Buy - Position Entry	+38,348	-	$1.01K	38,348
Q1 2021	FNV Franco-Nevada Corporation	Franco-Nevada Corporation	Buy	+3,485	+20.1%	$3.18K	20,853
Q1 2021	GILD Gilead Sciences, Inc.	Gilead Sciences, Inc.	Sell - Position Exit	-50,803	-100.0%	$0.00	-
Q1 2021	GLD SPDR Gold Trust	SPDR Gold Trust	Sell	-6,022	-12.7%	$6.93K	41,537
Q1 2021	KEX Kirby Corporation	Kirby Corporation	Sell	-52	-0.0%	$9.17K	164,851
Q1 2021	LEN Lennar Corporation	Lennar Corporation	Sell	-24,951	-26.8%	$7.14K	68,294
Q1 2021	LMT Lockheed Martin Corporation	Lockheed Martin Corporation	Buy	+110	+0.6%	$6.99K	19,319
Q1 2021	MCHP Microchip Technology Incorporat	Microchip Technology Incorporat	Sell	-72	-0.1%	$13.83K	94,911
Q1 2021	MCK McKesson Corporation	McKesson Corporation	Sell	-5,507	-7.8%	$13.31K	65,548
Q1 2021	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+6	+0.0%	$13.10K	44,701
Q1 2021	MTH Meritage Homes Corporation	Meritage Homes Corporation	Sell	-21,951	-18.5%	$10.63K	96,637
Q1 2021	MTZ MasTec, Inc.	MasTec, Inc.	Sell	-38,136	-22.9%	$11.69K	128,634
Q1 2021	NMIH NMI Holdings Inc	NMI Holdings Inc	Buy	+864	+0.3%	$7.29K	330,061
Q1 2021	PFE Pfizer, Inc.	Pfizer, Inc.	Buy	+640	+2.7%	$1.23K	24,379
Q1 2021	RGLD Royal Gold, Inc.	Royal Gold, Inc.	Buy	+4,426	+22.2%	$2.76K	24,350
Q1 2021	RUSHA Rush Enterprises, Inc.	Rush Enterprises, Inc.	Buy	+637	+0.2%	$14.06K	317,711
Q1 2021	RUSHB Rush Enterprises, Inc.	Rush Enterprises, Inc.	Buy	+48	+0.7%	$285.00	6,742
Q1 2021	SLB Schlumberger N.V.	Schlumberger N.V.	Buy	+130,966	+73.0%	$8.44K	310,376

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