Ronald Muhlenkamp - Muhlenkamp & Co 13F Activity & Position Changes (Q4 2021)

According to the SEC 13F filed on Mar 29, 2022, the Muhlenkamp & Co portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2021. 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 2021, the filing reported:

New Buys - EQT Corporation, Invesco BuyBack Achievers ETF

Increases - Bristol-Myers Squibb Company, Franco-Nevada Corporation, Lockheed Martin Corporation, Microchip Technology Incorporat, NMI Holdings Inc, and 1 more

Reductions - Apple Inc., Alerian MLP ETF, Broadcom Inc., Bread Financial Holdings, Inc., Berkshire Hathaway Inc. New, and 16 more

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
Q4 2021	AAPL Apple Inc.	Apple Inc.	Sell	-44	-0.1%	$14.13K	79,565
Q4 2021	AMLP Alerian MLP ETF	Alerian MLP ETF	Sell	-236	-0.1%	$9.17K	280,200
Q4 2021	AVGO Broadcom Inc.	Broadcom Inc.	Sell	-2,518	-10.3%	$14.54K	21,852
Q4 2021	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Sell	-104	-0.1%	$8.31K	124,816
Q4 2021	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy	+568	+0.5%	$7.86K	125,987
Q4 2021	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-4	-0.0%	$11.05K	36,971
Q4 2021	CCJ Cameco Corporation	Cameco Corporation	Sell	-214,859	-57.2%	$3.51K	160,916
Q4 2021	CVS CVS Health Corporation	CVS Health Corporation	Sell	-12	-0.0%	$11.21K	108,633
Q4 2021	DOW Dow Inc.	Dow Inc.	Sell	-93	-0.0%	$12.32K	217,226
Q4 2021	EQC Equity	Equity	Sell	-88	-0.1%	$2.92K	112,855
Q4 2021	EQT EQT Corporation	EQT Corporation	Buy - Position Entry	+444,283	-	$9.69K	444,283
Q4 2021	FNV Franco-Nevada Corporation	Franco-Nevada Corporation	Buy	+13,986	+67.1%	$4.82K	34,839
Q4 2021	GLD SPDR Gold Trust	SPDR Gold Trust	Sell	-25,767	-62.1%	$2.69K	15,745
Q4 2021	KEX Kirby Corporation	Kirby Corporation	Sell	-135	-0.1%	$9.79K	164,716
Q4 2021	LEN Lennar Corporation	Lennar Corporation	Sell	-58	-0.1%	$7.93K	68,236
Q4 2021	LMT Lockheed Martin Corporation	Lockheed Martin Corporation	Buy	+108	+0.6%	$6.91K	19,427
Q4 2021	MCHP Microchip Technology Incorporat	Microchip Technology Incorporat	Buy	+72,311	+76.2%	$14.56K	167,222
Q4 2021	MCK McKesson Corporation	McKesson Corporation	Sell	-48	-0.1%	$16.28K	65,500
Q4 2021	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-26	-0.1%	$15.03K	44,675
Q4 2021	MTH Meritage Homes Corporation	Meritage Homes Corporation	Sell	-63	-0.1%	$11.79K	96,574
Q4 2021	MTZ MasTec, Inc.	MasTec, Inc.	Sell	-95	-0.1%	$11.86K	128,539
Q4 2021	NMIH NMI Holdings Inc	NMI Holdings Inc	Buy	+809	+0.2%	$7.23K	330,870
Q4 2021	PKW Invesco BuyBack Achievers ETF	Invesco BuyBack Achievers ETF	Buy - Position Entry	+5,699	-	$550.00	5,699
Q4 2021	RGLD Royal Gold, Inc.	Royal Gold, Inc.	Buy	+16,984	+69.7%	$4.35K	41,334
Q4 2021	RUSHA Rush Enterprises, Inc.	Rush Enterprises, Inc.	Sell	-78,365	-24.7%	$13.32K	239,346
Q4 2021	SLB Schlumberger N.V.	Schlumberger N.V.	Sell	-249	-0.1%	$9.29K	310,127
Q4 2021	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Sell	-16	-0.1%	$12.25K	24,396
Q4 2021	WAB Westinghouse Air Brake Technolo	Westinghouse Air Brake Technolo	Sell	-83	-0.2%	$5.08K	55,193
Q4 2021	WCC WESCO International, Inc.	WESCO International, Inc.	Sell	-376	-0.3%	$17.13K	130,199