Ronald Muhlenkamp - Muhlenkamp & Co 13F Activity & Position Changes (Q4 2022)

As of Dec 31, 2022, the Muhlenkamp & Co portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Jan 31, 2023. 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 2022, the filing reported:

New Buys - Exxon Mobil Corporation

Increases - Alerian MLP ETF, Bristol-Myers Squibb Company, Berkshire Hathaway Inc. New, CVS Health Corporation, Franco-Nevada Corporation, and 3 more

Reductions - Apple Inc., Broadcom Inc., Cameco Corporation, Dow Inc., EQT Corporation, and 10 more

Complete Exits - Direxion Daily S&P 500 Bear 1X

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 2022	AAPL Apple Inc.	Apple Inc.	Sell	-56	-0.1%	$7.18M	55,266
Q4 2022	AMLP Alerian MLP ETF	Alerian MLP ETF	Buy	+260	+0.1%	$10.82M	284,317
Q4 2022	AVGO Broadcom Inc.	Broadcom Inc.	Sell	-16	-0.1%	$8.99M	16,080
Q4 2022	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy	+197	+0.2%	$9.28M	128,950
Q4 2022	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+36	+0.1%	$11.56M	37,430
Q4 2022	CCJ Cameco Corporation	Cameco Corporation	Sell	-159	-0.1%	$3.67M	161,964
Q4 2022	CVS CVS Health Corporation	CVS Health Corporation	Buy	+122	+0.1%	$10.26M	110,123
Q4 2022	DOW Dow Inc.	Dow Inc.	Sell	-199	-0.1%	$10.98M	217,958
Q4 2022	EQT EQT Corporation	EQT Corporation	Sell	-451	-0.1%	$15.08M	445,841
Q4 2022	FNV Franco-Nevada Corporation	Franco-Nevada Corporation	Buy	+71	+0.2%	$5.24M	38,385
Q4 2022	GLD SPDR Gold Trust	SPDR Gold Trust	Sell	-53	-0.3%	$3.13M	18,432
Q4 2022	KEX Kirby Corporation	Kirby Corporation	Sell	-154	-0.1%	$10.58M	164,395
Q4 2022	MCHP Microchip Technology Incorporat	Microchip Technology Incorporat	Sell	-112	-0.1%	$7.87M	112,024
Q4 2022	MCK McKesson Corporation	McKesson Corporation	Buy	+40	+0.1%	$14.35M	38,249
Q4 2022	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-21	-0.1%	$7.50M	31,264
Q4 2022	MTZ MasTec, Inc.	MasTec, Inc.	Sell	-124	-0.1%	$10.94M	128,217
Q4 2022	NMIH NMI Holdings Inc	NMI Holdings Inc	Sell	-196	-0.1%	$6.13M	293,384
Q4 2022	OXY Occidental Petroleum Corporatio	Occidental Petroleum Corporatio	Sell	-237	-0.1%	$14.67M	232,926
Q4 2022	RGLD Royal Gold, Inc.	Royal Gold, Inc.	Buy	+77	+0.2%	$5.29M	46,932
Q4 2022	RUSHB Rush Enterprises, Inc.	Rush Enterprises, Inc.	Sell	-252	-3.9%	$351.97K	6,255
Q4 2022	SLB Schlumberger N.V.	Schlumberger N.V.	Sell	-294	-0.1%	$16.80M	314,208
Q4 2022	SPDN Direxion Daily S&P 500 Bear 1X	Direxion Daily S&P 500 Bear 1X	Sell - Position Exit	-652,921	-100.0%	$0.00	-
Q4 2022	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Buy	+19	+0.1%	$13.12M	24,755
Q4 2022	WAB Westinghouse Air Brake Technolo	Westinghouse Air Brake Technolo	Sell	-33	-0.1%	$5.53M	55,433
Q4 2022	XOM Exxon Mobil Corporation	Exxon Mobil Corporation	Buy - Position Entry	+1,952	-	$215.31K	1,952