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

As of Jun 30, 2023, the Muhlenkamp & Co portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Jul 14, 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