Ronald Muhlenkamp - Muhlenkamp & Co 13F Activity & Position Changes (Q2 2014)

According to the SEC 13F filed on Aug 18, 2026, the Muhlenkamp & Co portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2014. 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 Q2 2014, the filing reported:

New Buys - None reported

Increases - Apple Inc., American International Group, I, Allegiant Travel Company, Bread Financial Holdings, Inc., Bristol-Myers Squibb Company, and 13 more

Reductions - Asbury Automotive Group Inc, American Axle & Manufacturing H, Gilead Sciences, Inc., General Motors Company, Halliburton Company, and 10 more

Complete Exits - AllianceBernstein Holding L.P., Capital One Financial Corporati, DoubleLine Income Solutions Fun, Globus Medical, Inc., Pan American Silver Corp.

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
Q2 2014	AAPL Apple Inc.	Apple Inc.	Buy	+82,230	+571.7%	$8.98K	96,614
Q2 2014	AB AllianceBernstein Holding L.P.	AllianceBernstein Holding L.P.	Sell - Position Exit	-11,550	-100.0%	$0.00	-
Q2 2014	ABG Asbury Automotive Group Inc	Asbury Automotive Group Inc	Sell	-25,250	-14.9%	$9.89K	143,900
Q2 2014	AIG American International Group, I	American International Group, I	Buy	+1,065	+0.3%	$20.78K	380,745
Q2 2014	ALGT Allegiant Travel Company	Allegiant Travel Company	Buy	+100	+0.1%	$11.13K	94,540
Q2 2014	AXL American Axle & Manufacturing H	American Axle & Manufacturing H	Sell	-31,705	-5.2%	$10.87K	575,545
Q2 2014	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Buy	+536	+0.3%	$48.28K	171,675
Q2 2014	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy	+755	+0.4%	$10.32K	212,770
Q2 2014	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+475	+0.4%	$14.91K	117,825
Q2 2014	C Citigroup, Inc.	Citigroup, Inc.	Buy	+70	+0.0%	$16.03K	340,425
Q2 2014	CLNE Clean Energy Fuels Corp.	Clean Energy Fuels Corp.	Buy	+3,260	+0.4%	$10.36K	884,260
Q2 2014	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell - Position Exit	-52,755	-100.0%	$0.00	-
Q2 2014	CSCO Cisco Systems, Inc.	Cisco Systems, Inc.	Buy	+775	+0.5%	$4.05K	162,854
Q2 2014	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Buy	+3,420	+0.5%	$29.27K	755,915
Q2 2014	DFS Discover Financial Services	Discover Financial Services	Buy	+555	+1.3%	$2.76K	44,485
Q2 2014	DSL DoubleLine Income Solutions Fun	DoubleLine Income Solutions Fun	Sell - Position Exit	-15,080	-100.0%	$0.00	-
Q2 2014	GILD Gilead Sciences, Inc.	Gilead Sciences, Inc.	Sell	-47,300	-24.6%	$12.00K	144,715
Q2 2014	GM General Motors Company	General Motors Company	Sell	-245,020	-52.0%	$8.21K	226,310
Q2 2014	GMED Globus Medical, Inc.	Globus Medical, Inc.	Sell - Position Exit	-51,480	-100.0%	$0.00	-
Q2 2014	HAL Halliburton Company	Halliburton Company	Sell	-2,095	-0.8%	$17.62K	248,135
Q2 2014	HBI Hanesbrands Inc.	Hanesbrands Inc.	Buy	+905	+1.2%	$7.76K	78,790
Q2 2014	IBM International Business Machines	International Business Machines	Sell	-430	-7.7%	$937.00	5,170
Q2 2014	JPM JP Morgan Chase & Co.	JP Morgan Chase & Co.	Sell	-2,000	-0.4%	$26.34K	457,045
Q2 2014	KBR KBR, Inc.	KBR, Inc.	Sell	-132,775	-74.0%	$1.11K	46,655
Q2 2014	LNC Lincoln National Corporation	Lincoln National Corporation	Buy	+245	+0.1%	$15.86K	308,235
Q2 2014	LSCC Lattice Semiconductor Corporati	Lattice Semiconductor Corporati	Sell	-47,100	-7.9%	$4.52K	547,880
Q2 2014	MS Morgan Stanley	Morgan Stanley	Sell	-4,465	-1.4%	$10.18K	314,970
Q2 2014	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+1,880	+0.5%	$16.37K	392,575
Q2 2014	OLED Universal Display Corporation	Universal Display Corporation	Buy	+2,125	+1.0%	$6.70K	208,720
Q2 2014	ORCL Oracle Corporation	Oracle Corporation	Buy	+815	+0.2%	$22.04K	543,775

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