Ronald Muhlenkamp - Muhlenkamp & Co 13F Activity & Position Changes (Q3 2020)

As of Sep 30, 2020, the Muhlenkamp & Co portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 13, 2020. 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 Q3 2020, the filing reported:

New Buys - Kirby Corporation, Rush Enterprises, Inc.

Increases - Apple Inc., Alerian MLP ETF, Broadcom Inc., Bread Financial Holdings, Inc., Biogen Inc., and 18 more

Reductions - Microsoft Corporation, Pfizer, Inc.

Complete Exits - None reported

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
Q3 2020	AAPL Apple Inc.	Apple Inc.	Buy	+39,948	+102.2%	$9.15K	79,051
Q3 2020	AMLP Alerian MLP ETF	Alerian MLP ETF	Buy	+2,269	+0.9%	$5.09K	254,756
Q3 2020	AVGO Broadcom Inc.	Broadcom Inc.	Buy	+144	+0.6%	$8.85K	24,297
Q3 2020	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Buy	+1,385	+1.1%	$5.22K	124,271
Q3 2020	BIIB Biogen Inc.	Biogen Inc.	Buy	+222	+1.2%	$5.12K	18,053
Q3 2020	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy	+952	+0.8%	$7.49K	124,225
Q3 2020	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+285	+0.8%	$7.81K	36,689
Q3 2020	CCJ Cameco Corporation	Cameco Corporation	Buy	+4,663	+1.2%	$3.88K	384,244
Q3 2020	CTSH Cognizant Technology Solutions	Cognizant Technology Solutions	Buy	+2,025	+33.9%	$556.00	8,006
Q3 2020	CVS CVS Health Corporation	CVS Health Corporation	Buy	+911	+0.9%	$6.28K	107,459
Q3 2020	DOW Dow Inc.	Dow Inc.	Buy	+930	+0.4%	$10.59K	225,114
Q3 2020	GILD Gilead Sciences, Inc.	Gilead Sciences, Inc.	Buy	+745	+1.5%	$3.17K	50,160
Q3 2020	GLD SPDR Gold Trust	SPDR Gold Trust	Buy	+65	+0.1%	$12.34K	69,654
Q3 2020	KEX Kirby Corporation	Kirby Corporation	Buy - Position Entry	+86,495	-	$3.13K	86,495
Q3 2020	LEN Lennar Corporation	Lennar Corporation	Buy	+394	+0.4%	$7.57K	92,633
Q3 2020	LMT Lockheed Martin Corporation	Lockheed Martin Corporation	Buy	+155	+0.8%	$7.30K	19,039
Q3 2020	MCHP Microchip Technology Incorporat	Microchip Technology Incorporat	Buy	+384	+0.4%	$9.80K	95,377
Q3 2020	MCK McKesson Corporation	McKesson Corporation	Buy	+312	+0.4%	$10.55K	70,851
Q3 2020	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-38,052	-46.1%	$9.35K	44,445
Q3 2020	MTH Meritage Homes Corporation	Meritage Homes Corporation	Buy	+35	+0.0%	$13.05K	118,222
Q3 2020	MTZ MasTec, Inc.	MasTec, Inc.	Buy	+74,125	+80.3%	$7.03K	166,476
Q3 2020	NMIH NMI Holdings Inc	NMI Holdings Inc	Buy	+4,091	+1.3%	$5.81K	326,607
Q3 2020	PFE Pfizer, Inc.	Pfizer, Inc.	Sell	-155	-0.6%	$872.00	23,767
Q3 2020	RUSHA Rush Enterprises, Inc.	Rush Enterprises, Inc.	Buy	+1,078	+0.6%	$9.74K	192,686
Q3 2020	RUSHB Rush Enterprises, Inc.	Rush Enterprises, Inc.	Buy - Position Entry	+4,585	-	$203.00	4,585
Q3 2020	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Buy	+187	+0.8%	$7.55K	24,234
Q3 2020	WAB Westinghouse Air Brake Technolo	Westinghouse Air Brake Technolo	Buy	+899	+1.7%	$3.35K	54,193