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

According to the SEC 13F filed on Nov 13, 2020, the Muhlenkamp & Co portfolio showed several notable changes in holdings as of quarter-end Sep 30, 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