Ronald Muhlenkamp - Muhlenkamp & Co 13F Activity & Position Changes (Q4 2017)

As of Dec 31, 2017, the Muhlenkamp & Co portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 06, 2026. 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 Q4 2017, the filing reported:

New Buys - AutoZone, Inc., Enterprise Products Partners L., PulteGroup, Inc., Thor Industries, Inc.

Increases - Bread Financial Holdings, Inc., Biogen Inc., Celanese Corporation, SPDR Gold Trust

Reductions - Apple Inc., AllianceBernstein Holding L.P., Ameriprise Financial, Inc., American Axle & Manufacturing H, Bristol-Myers Squibb Company, and 20 more

Complete Exits - LyondellBasell

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
Q4 2017	AAPL Apple Inc.	Apple Inc.	Sell	-1,579	-1.1%	$24.68K	145,822
Q4 2017	AB AllianceBernstein Holding L.P.	AllianceBernstein Holding L.P.	Sell	-900	-7.5%	$279.00	11,150
Q4 2017	AMP Ameriprise Financial, Inc.	Ameriprise Financial, Inc.	Sell	-100	-6.2%	$254.00	1,500
Q4 2017	AXL American Axle & Manufacturing H	American Axle & Manufacturing H	Sell	-900	-5.5%	$262.00	15,400
Q4 2017	AZO AutoZone, Inc.	AutoZone, Inc.	Buy - Position Entry	+6,774	-	$4.82K	6,774
Q4 2017	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Buy	+183	+0.3%	$17.73K	69,965
Q4 2017	BIIB Biogen Inc.	Biogen Inc.	Buy	+135	+0.5%	$7.86K	24,682
Q4 2017	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Sell	-2,594	-1.5%	$10.70K	174,575
Q4 2017	CCJ Cameco Corporation	Cameco Corporation	Sell	-14,696	-1.7%	$7.85K	850,562
Q4 2017	CE Celanese Corporation	Celanese Corporation	Buy	+545	+0.5%	$11.77K	109,880
Q4 2017	CTRA Coterra Energy Inc.	Coterra Energy Inc.	Sell	-510	-3.3%	$429.00	15,000
Q4 2017	CTSH Cognizant Technology Solutions	Cognizant Technology Solutions	Sell	-945	-1.0%	$6.48K	91,275
Q4 2017	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Sell	-2,395	-1.8%	$7.15K	127,750
Q4 2017	EPD Enterprise Products Partners L.	Enterprise Products Partners L.	Buy - Position Entry	+16,700	-	$443.00	16,700
Q4 2017	FHI Federated Hermes, Inc.	Federated Hermes, Inc.	Sell	-2,485	-0.9%	$10.44K	289,401
Q4 2017	G9456A100 Golar LNG	Golar LNG	Sell	-1,610	-9.2%	$474.00	15,900
Q4 2017	GILD Gilead Sciences, Inc.	Gilead Sciences, Inc.	Sell	-3,534	-1.6%	$15.80K	220,613
Q4 2017	GLD SPDR Gold Trust	SPDR Gold Trust	Buy	+105	+0.1%	$10.23K	82,735
Q4 2017	GME GameStop Corporation	GameStop Corporation	Sell	-1,892	-0.7%	$4.54K	252,808
Q4 2017	HBI Hanesbrands Inc.	Hanesbrands Inc.	Sell	-7,359	-1.5%	$9.95K	475,778
Q4 2017	LYB LyondellBasell	LyondellBasell	Sell - Position Exit	-2,900	-100.0%	$0.00	-
Q4 2017	MCHP Microchip Technology Incorporat	Microchip Technology Incorporat	Sell	-1,667	-1.7%	$8.54K	97,148
Q4 2017	MCK McKesson Corporation	McKesson Corporation	Sell	-1,009	-1.4%	$10.91K	69,947
Q4 2017	MGNX MacroGenics, Inc.	MacroGenics, Inc.	Sell	-2,237	-17.5%	$200.00	10,515
Q4 2017	MS Morgan Stanley	Morgan Stanley	Sell	-700	-10.8%	$305.00	5,805
Q4 2017	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-2,551	-1.1%	$19.58K	228,862
Q4 2017	OLED Universal Display Corporation	Universal Display Corporation	Sell	-195	-0.5%	$7.29K	42,240
Q4 2017	ON ON Semiconductor Corporation	ON Semiconductor Corporation	Sell	-198,632	-16.4%	$21.22K	1,013,293
Q4 2017	PHM PulteGroup, Inc.	PulteGroup, Inc.	Buy - Position Entry	+200,410	-	$6.66K	200,410
Q4 2017	RUSHB Rush Enterprises, Inc.	Rush Enterprises, Inc.	Sell	-4,040	-25.7%	$562.00	11,666

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