Ronald Muhlenkamp - Muhlenkamp & Co 13F Activity & Position Changes (Q2 2019)

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, 2019. 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 2019, the filing reported:

New Buys - Corteva, Inc., DuPont de Nemours, Inc., Dow Inc., Meritage Homes Corporation

Increases - SPDR Gold Trust, Pfizer, Inc.

Reductions - Apple Inc., Broadcom Inc., Acuity Brands, Inc., AutoZone, Inc., Bread Financial Holdings, Inc., and 15 more

Complete Exits - GameStop Corporation, Rush Enterprises, 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
Q2 2019	AAPL Apple Inc.	Apple Inc.	Sell	-229	-0.4%	$12.45K	62,914
Q2 2019	AVGO Broadcom Inc.	Broadcom Inc.	Sell	-86	-0.3%	$7.67K	26,661
Q2 2019	AYI Acuity Brands, Inc.	Acuity Brands, Inc.	Sell	-141	-0.3%	$5.92K	42,960
Q2 2019	AZO AutoZone, Inc.	AutoZone, Inc.	Sell	-14	-0.1%	$11.61K	10,556
Q2 2019	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Sell	-255	-0.4%	$9.62K	68,623
Q2 2019	BIIB Biogen Inc.	Biogen Inc.	Sell	-63	-0.4%	$4.16K	17,780
Q2 2019	CCJ Cameco Corporation	Cameco Corporation	Sell	-2,643	-0.3%	$9.07K	844,896
Q2 2019	CE Celanese Corporation	Celanese Corporation	Sell	-49,483	-50.1%	$5.31K	49,278
Q2 2019	CI The Cigna Group	The Cigna Group	Sell	-78	-0.3%	$4.81K	30,522
Q2 2019	CTSH Cognizant Technology Solutions	Cognizant Technology Solutions	Sell	-297	-0.3%	$5.84K	92,163
Q2 2019	CTVA Corteva, Inc.	Corteva, Inc.	Buy - Position Entry	+37,648	-	$1.11K	37,648
Q2 2019	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Sell	-240	-0.2%	$6.49K	114,330
Q2 2019	DD DuPont de Nemours, Inc.	DuPont de Nemours, Inc.	Buy - Position Entry	+37,648	-	$2.83K	37,648
Q2 2019	DOW Dow Inc.	Dow Inc.	Buy - Position Entry	+37,648	-	$1.86K	37,648
Q2 2019	EPD Enterprise Products Partners L.	Enterprise Products Partners L.	Sell	-329	-1.3%	$718.00	24,855
Q2 2019	FHI Federated Hermes, Inc.	Federated Hermes, Inc.	Sell	-511	-0.2%	$8.03K	247,158
Q2 2019	GILD Gilead Sciences, Inc.	Gilead Sciences, Inc.	Sell	-388	-0.3%	$8.96K	132,551
Q2 2019	GLD SPDR Gold Trust	SPDR Gold Trust	Buy	+272	+0.3%	$11.05K	82,960
Q2 2019	GME GameStop Corporation	GameStop Corporation	Sell - Position Exit	-232,937	-100.0%	$0.00	-
Q2 2019	MCHP Microchip Technology Incorporat	Microchip Technology Incorporat	Sell	-389	-0.4%	$8.25K	95,109
Q2 2019	MCK McKesson Corporation	McKesson Corporation	Sell	-172	-0.2%	$9.33K	69,428
Q2 2019	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-733	-0.6%	$16.84K	125,743
Q2 2019	MTH Meritage Homes Corporation	Meritage Homes Corporation	Buy - Position Entry	+117,704	-	$6.04K	117,704
Q2 2019	PFE Pfizer, Inc.	Pfizer, Inc.	Buy	+100	+0.4%	$1.12K	25,785
Q2 2019	PKW Invesco BuyBack Achievers ETF	Invesco BuyBack Achievers ETF	Sell	-608	-1.9%	$1.98K	31,585
Q2 2019	RUSHB Rush Enterprises, Inc.	Rush Enterprises, Inc.	Sell - Position Exit	-4,875	-100.0%	$0.00	-
Q2 2019	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Sell	-20,590	-40.8%	$7.29K	29,884
Q2 2019	WAB Westinghouse Air Brake Technolo	Westinghouse Air Brake Technolo	Sell	-174	-0.3%	$3.77K	52,521