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

According to the SEC 13F filed on Jan 31, 2023, the Muhlenkamp & Co portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2022. 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