Ronald Muhlenkamp - Muhlenkamp & Co 13F Activity & Position Changes (Q2 2023)

According to the SEC 13F filed on Jul 14, 2023, the Muhlenkamp & Co portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2023. 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 2023, the filing reported:

New Buys - Transocean, SPDR S&P Regional Banking ETF, PulteGroup, Inc., TEGNA Inc, Taylor Morrison Home Corporatio

Increases - Apple Inc., Bristol-Myers Squibb Company, Berkshire Hathaway Inc. New, CVS Health Corporation, Franco-Nevada Corporation, and 6 more

Reductions - Alerian MLP ETF, Broadcom Inc., Dow Inc., EQT Corporation, Microchip Technology Incorporat, and 7 more

Complete Exits - Cameco Corporation

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 2023	AAPL Apple Inc.	Apple Inc.	Buy	+5,104	+9.2%	$11.71M	60,370
Q2 2023	AMLP Alerian MLP ETF	Alerian MLP ETF	Sell	-109,762	-38.6%	$6.84M	174,555
Q2 2023	AVGO Broadcom Inc.	Broadcom Inc.	Sell	-45	-0.3%	$13.91M	16,035
Q2 2023	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy	+619	+0.5%	$8.29M	129,569
Q2 2023	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+216	+0.6%	$12.84M	37,646
Q2 2023	CCJ Cameco Corporation	Cameco Corporation	Sell - Position Exit	-161,964	-100.0%	$0.00	-
Q2 2023	CVS CVS Health Corporation	CVS Health Corporation	Buy	+572	+0.5%	$7.65M	110,695
Q2 2023	DOW Dow Inc.	Dow Inc.	Sell	-65	-0.0%	$11.60M	217,893
Q2 2023	EQT EQT Corporation	EQT Corporation	Sell	-126	-0.0%	$18.33M	445,715
Q2 2023	FNV Franco-Nevada Corporation	Franco-Nevada Corporation	Buy	+9,398	+24.5%	$6.81M	47,783
Q2 2023	GLD SPDR Gold Trust	SPDR Gold Trust	Buy	+53	+0.3%	$3.30M	18,485
Q2 2023	H8817H100 Transocean	Transocean	Buy - Position Entry	+855,992	-	$6.00M	855,992
Q2 2023	KEX Kirby Corporation	Kirby Corporation	Buy	+2,810	+1.7%	$12.87M	167,205
Q2 2023	KRE SPDR S&P Regional Banking ETF	SPDR S&P Regional Banking ETF	Buy - Position Entry	+249,235	-	$10.18M	249,235
Q2 2023	MCHP Microchip Technology Incorporat	Microchip Technology Incorporat	Sell	-280	-0.2%	$10.01M	111,744
Q2 2023	MCK McKesson Corporation	McKesson Corporation	Buy	+76	+0.2%	$16.38M	38,325
Q2 2023	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-372	-1.2%	$10.52M	30,892
Q2 2023	MTZ MasTec, Inc.	MasTec, Inc.	Sell	-398	-0.3%	$15.08M	127,819
Q2 2023	NMIH NMI Holdings Inc	NMI Holdings Inc	Buy	+162,437	+55.4%	$11.77M	455,821
Q2 2023	OXY Occidental Petroleum Corporatio	Occidental Petroleum Corporatio	Sell	-54	-0.0%	$13.69M	232,872
Q2 2023	PHM PulteGroup, Inc.	PulteGroup, Inc.	Buy - Position Entry	+54,519	-	$4.24M	54,519
Q2 2023	RGLD Royal Gold, Inc.	Royal Gold, Inc.	Buy	+9,927	+21.2%	$6.53M	56,859
Q2 2023	RUSHA Rush Enterprises, Inc.	Rush Enterprises, Inc.	Sell	-675	-0.3%	$14.56M	239,731
Q2 2023	RUSHB Rush Enterprises, Inc.	Rush Enterprises, Inc.	Buy	+80	+1.3%	$431.16K	6,335
Q2 2023	SLB Schlumberger N.V.	Schlumberger N.V.	Sell	-2,473	-0.8%	$15.31M	311,735
Q2 2023	TGNA TEGNA Inc	TEGNA Inc	Buy - Position Entry	+209,438	-	$3.40M	209,438
Q2 2023	TMHC Taylor Morrison Home Corporatio	Taylor Morrison Home Corporatio	Buy - Position Entry	+85,789	-	$4.18M	85,789
Q2 2023	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Sell	-25	-0.1%	$11.89M	24,730
Q2 2023	WAB Westinghouse Air Brake Technolo	Westinghouse Air Brake Technolo	Sell	-106	-0.2%	$6.07M	55,327