Ronald Muhlenkamp - Muhlenkamp & Co 13F Activity & Position Changes (Q4 2019)

As of Dec 31, 2019, the Muhlenkamp & Co portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 20, 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 Q4 2019, the filing reported:

New Buys - Bristol-Myers Squibb Company, Lennar Corporation, Rush Enterprises, Inc.

Increases - Broadcom Inc., AutoZone, Inc., Celanese Corporation, The Cigna Group, CVS Health Corporation, and 9 more

Reductions - Apple Inc., Bread Financial Holdings, Inc., Biogen Inc., Berkshire Hathaway Inc. New, Cameco Corporation, and 6 more

Complete Exits - Corteva, Inc.

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 2019	AAPL Apple Inc.	Apple Inc.	Sell	-4,049	-6.4%	$17.29K	58,874
Q4 2019	AVGO Broadcom Inc.	Broadcom Inc.	Buy	+3,945	+19.6%	$7.62K	24,118
Q4 2019	AZO AutoZone, Inc.	AutoZone, Inc.	Buy	+6	+0.2%	$4.57K	3,835
Q4 2019	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Sell	-993	-1.4%	$7.59K	67,647
Q4 2019	BIIB Biogen Inc.	Biogen Inc.	Sell	-6	-0.0%	$5.27K	17,768
Q4 2019	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy - Position Entry	+123,223	-	$7.91K	123,223
Q4 2019	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-4	-0.0%	$8.23K	36,318
Q4 2019	CCJ Cameco Corporation	Cameco Corporation	Sell	-464,864	-55.0%	$3.38K	380,132
Q4 2019	CE Celanese Corporation	Celanese Corporation	Buy	+63	+0.1%	$6.07K	49,326
Q4 2019	CI The Cigna Group	The Cigna Group	Buy	+609	+2.0%	$6.37K	31,131
Q4 2019	CTSH Cognizant Technology Solutions	Cognizant Technology Solutions	Sell	-85,758	-93.0%	$401.00	6,467
Q4 2019	CTVA Corteva, Inc.	Corteva, Inc.	Sell - Position Exit	-37,648	-100.0%	$0.00	-
Q4 2019	CVS CVS Health Corporation	CVS Health Corporation	Buy	+36,479	+52.1%	$7.91K	106,514
Q4 2019	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Buy	+41	+0.0%	$6.69K	114,371
Q4 2019	DOW Dow Inc.	Dow Inc.	Buy	+111,193	+295.3%	$8.15K	148,841
Q4 2019	GILD Gilead Sciences, Inc.	Gilead Sciences, Inc.	Sell	-93,134	-70.2%	$2.56K	39,475
Q4 2019	GLD SPDR Gold Trust	SPDR Gold Trust	Buy	+68	+0.1%	$11.87K	83,028
Q4 2019	LEN Lennar Corporation	Lennar Corporation	Buy - Position Entry	+92,060	-	$5.14K	92,060
Q4 2019	LMT Lockheed Martin Corporation	Lockheed Martin Corporation	Buy	+1	+0.0%	$7.36K	18,889
Q4 2019	MCHP Microchip Technology Incorporat	Microchip Technology Incorporat	Sell	-54	-0.1%	$9.96K	95,065
Q4 2019	MCK McKesson Corporation	McKesson Corporation	Buy	+3	+0.0%	$9.76K	70,541
Q4 2019	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-9,106	-8.2%	$16.03K	101,622
Q4 2019	MTH Meritage Homes Corporation	Meritage Homes Corporation	Sell	-6	-0.0%	$7.20K	117,759
Q4 2019	PFE Pfizer, Inc.	Pfizer, Inc.	Sell	-675	-2.6%	$980.00	25,014
Q4 2019	PKW Invesco BuyBack Achievers ETF	Invesco BuyBack Achievers ETF	Buy	+32,795	+104.4%	$4.43K	64,195
Q4 2019	RUSHA Rush Enterprises, Inc.	Rush Enterprises, Inc.	Buy	+90	+0.0%	$11.62K	249,989
Q4 2019	RUSHB Rush Enterprises, Inc.	Rush Enterprises, Inc.	Buy - Position Entry	+4,430	-	$202.00	4,430
Q4 2019	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Buy	+47	+0.5%	$3.05K	10,369
Q4 2019	WAB Westinghouse Air Brake Technolo	Westinghouse Air Brake Technolo	Buy	+20	+0.0%	$4.09K	52,567