Ronald Muhlenkamp - Muhlenkamp & Co Portfolio
| Period Date | Mar 31, 2025 | |
| Filing Date | May 13, 2025 | |
| Total Stocks | 26 | |
| Portfolio Value | $305.65M |
Muhlenkamp & Co Strategy Analysis
Investment Strategy Metrics
Key metrics revealing investment style, risk management, and performance characteristics
| Metric | Value | Category | Description |
|---|---|---|---|
| Holding Period | 1.9 years | Style | Average duration positions are maintained |
| Position Count | 33 | Style | Number of active positions in portfolio |
| Position Size | 3.6% | Risk | Typical allocation per position |
| Win Rate | 59.0% | Performance | Percentage of profitable positions |
| Average Return | 55.5% | Performance | Mean return across positions |
| Sharpe Ratio | 0.28 | Performance | Return per unit of risk taken |
Investment Case Study: MCKESSON CORP (MCK)
6/30/2019 - 8/4/2025
Performance Metrics
Total Return: 110,519.08%
Holding Period: 2227 days
Max Position Size: $25,970,143.00
Position Weight: 5.73%
Key Events
6/30/2019: DECREASE(-172.00 shares) @ $0.13
9/30/2019: INCREASE(1,110.00 shares) @ $0.14
12/31/2019: INCREASE(3.00 shares) @ $0.14
6/30/2020: DECREASE(-2.00 shares) @ $0.15
9/30/2020: INCREASE(312.00 shares) @ $0.15
12/31/2020: INCREASE(204.00 shares) @ $0.17
3/31/2021: DECREASE(-5,507.00 shares) @ $0.20
6/30/2021: INCREASE(83.00 shares) @ $0.19
9/30/2021: DECREASE(-83.00 shares) @ $0.20
12/31/2021: DECREASE(-48.00 shares) @ $0.25
3/31/2022: INCREASE(85.00 shares) @ $0.31
6/30/2022: DECREASE(-27,661.00 shares) @ $0.33
9/30/2022: INCREASE(285.00 shares) @ $0.34
12/31/2022: INCREASE(40.00 shares) @ $375.12
6/30/2023: INCREASE(76.00 shares) @ $427.31
9/30/2023: DECREASE(-58.00 shares) @ $434.85
12/31/2023: INCREASE(215.00 shares) @ $462.98
3/31/2024: INCREASE(209.00 shares) @ $536.85
6/30/2024: DECREASE(-55.00 shares) @ $584.04
9/30/2024: DECREASE(-29.00 shares) @ $494.42
12/31/2024: INCREASE(54.00 shares) @ $569.91
3/31/2025: DECREASE(-72.00 shares) @ $672.99
Investment Thesis
Entry Context: Initial position established based on fundamental analysis
Sector Conditions: Favorable market conditions in the sector
Risk Factors:
- Market volatility
- Sector-specific risks
Key Learnings
- Position sizing is critical for portfolio management
- Important to monitor sector exposure