Ronald Muhlenkamp - Muhlenkamp & Co Portfolio Holdings
As of Sep 30, 2025, the Muhlenkamp & Co portfolio holdings is valued at approximately $367,897,054.00 featuring 31 publicly traded holdings. This in-depth profile highlights the top investments led by AGNICO EAGLE MINES LTD (AEM), EQT CORP (EQT), NEWMONT CORP (NEM), MASTEC INC (MTZ), and others based on the company's latest SEC filings reported on Nov 07, 2025. Explore insights into portfolio composition, sector allocation, and recent trade activity.
Muhlenkamp & Co's stock portfolio spans 31 holdings across 9 sectors, with a total market value of $367,897,054.00. The Basic Materials sector represents the largest allocation, while the top holdings account for nearly 57% of the total portfolio value. AGNICO EAGLE MINES LTD remains the single largest position at 6.9% of all equity investments.
Complete Holdings
Showing 31 of 31 holdings.
| # | Company | Symbol | Sector | Portfolio % | Shares | Change (Shares) | Change % | Value |
|---|---|---|---|---|---|---|---|---|
| 1 | AGNICO EAGLE MINES LTD | AEM | Basic Materials | 6.93% | 151,311 | +24 | +0.02% | $25,504,981.00 |
| 2 | EQT CORP | EQT | Energy | 6.67% | 450,963 | -52 | -0.01% | $24,545,936.00 |
| 3 | NEWMONT CORP | NEM | Basic Materials | 6.51% | 283,943 | +83 | +0.03% | $23,939,250.00 |
| 4 | MASTEC INC | MTZ | Industrials | 6.12% | 105,786 | -298 | -0.28% | $22,512,323.00 |
| 5 | MCKESSON CORP | MCK | Healthcare | 5.69% | 27,108 | +24 | +0.09% | $20,942,214.00 |
| 6 | RUSH ENTERPRISES INC | RUSHA | Consumer Cyclical | 5.44% | 374,051 | +268 | +0.07% | $20,000,498.00 |
| 7 | BERKSHIRE HATHAWAY INC DEL | BRK-B | Financial Services | 5.24% | 38,380 | +29 | +0.08% | $19,295,362.00 |
| 8 | NMI HLDGS INC | NMIH | Financial Services | 4.86% | 466,347 | +493 | +0.11% | $17,879,755.00 |
| 9 | ROYAL GOLD INC | RGLD | Basic Materials | 4.78% | 87,585 | +59 | +0.07% | $17,567,717.00 |
| 10 | MICROSOFT CORP | MSFT | Technology | 4.55% | 32,347 | +36 | +0.11% | $16,754,108.00 |
| 11 | BGC GROUP INC | BGC | Financial Services | 4.50% | 1,751,739 | +1,901 | +0.11% | $16,571,449.00 |
| 12 | APPLE INC | AAPL | Technology | 4.34% | 62,673 | +57 | +0.09% | $15,958,396.00 |
| 13 | UNITED RENTALS INC | URI | Industrials | 4.03% | 15,523 | -4 | -0.03% | $14,818,824.00 |
| 14 | MICROCHIP TECHNOLOGY INC. | MCHP | Technology | 3.52% | 201,753 | +262 | +0.13% | $12,956,589.00 |
| 15 | ICON PLC | ICLR | Other | 3.49% | 73,467 | +73,467 | +100.00% | $12,856,725.00 |
| 16 | WABTEC | WAB | Industrials | 3.43% | 63,030 | +86 | +0.14% | $12,635,649.00 |
| 17 | SCHLUMBERGER LTD | SLB | Energy | 2.99% | 319,738 | +572 | +0.18% | $10,989,405.00 |
| 18 | TAYLOR MORRISON HOME CORP | TMHC | Consumer Cyclical | 2.82% | 157,398 | +316 | +0.20% | $10,389,840.00 |
| 19 | LYONDELLBASELL INDUSTRIES N | LYB | Other | 2.45% | 184,075 | +181,175 | +6247.41% | $9,027,014.00 |
| 20 | ALPS ETF TR | AMLP | Other | 2.25% | 176,721 | +9 | +0.01% | $8,293,497.00 |
| 21 | SPDR GOLD TR | GLD | Other | 2.15% | 22,242 | -64 | -0.29% | $7,906,492.00 |
| 22 | CELANESE CORP DEL | CE | Basic Materials | 2.11% | 184,455 | +33,247 | +21.99% | $7,761,884.00 |
| 23 | JD.COM INC | JD | Consumer Cyclical | 1.72% | 181,412 | -22,484 | -11.03% | $6,345,785.00 |
| 24 | EQUINOX GOLD CORP | EQX | Basic Materials | 1.57% | 514,257 | +514,257 | +100.00% | $5,769,963.00 |
| 25 | TRAVELERS COMPANIES INC | TRV | Financial Services | 0.50% | 6,627 | -21 | -0.32% | $1,850,391.00 |
| 26 | CHART INDS INC | GTLS | Industrials | 0.43% | 7,924 | +7,924 | +100.00% | $1,585,989.00 |
| 27 | GE VERNOVA INC | GEV | Utilities | 0.24% | 1,426 | +1,426 | +100.00% | $876,847.00 |
| 28 | ROYAL CARIBBEAN GROUP | RCL | Other | 0.23% | 2,671 | +2,671 | +100.00% | $864,282.00 |
| 29 | ENTERPRISE PRODS PARTNERS L | EPD | Energy | 0.21% | 24,855 | - | - | $777,216.00 |
| 30 | RUSH ENTERPRISES INC | RUSHB | Consumer Cyclical | 0.15% | 9,501 | - | - | $545,547.00 |
| 31 | FIRST COMWLTH FINL CORP PA | FCF | Financial Services | 0.05% | 10,154 | +10,154 | +100.00% | $173,126.00 |
Holdings by Sector
| Sector | Allocation | Value |
|---|---|---|
| Basic Materials | 21.89% | $80,543,795.00 |
| Financial Services | 15.16% | $55,770,083.00 |
| Industrials | 14.01% | $51,552,785.00 |
| Technology | 12.41% | $45,669,093.00 |
| Other | 10.59% | $38,948,010.00 |
| Consumer Cyclical | 10.13% | $37,281,670.00 |
| Energy | 9.87% | $36,312,557.00 |
| Healthcare | 5.69% | $20,942,214.00 |
| Utilities | 0.24% | $876,847.00 |
Portfolio insights
As of Sep 30, 2025, the Muhlenkamp & Co portfolio holds 31 securities valued at $367,897,054.00. The Basic Materials sector represents the largest allocation, while the top positions account for a significant portion of the total portfolio weight.