Muhlenkamp & Company 13F, Q1 2026
Muhlenkamp · quarter ending 31 March 2026 · filed 6 May 2026 · SEC CIK 1133219
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2026
The 25 largest of 29 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2025 filing.
| Company | Ticker | Value | % of book | vs Q4 2025 |
|---|---|---|---|---|
| AGNICO EAGLE MINES LTD | AEM | $28.13M | 7.4% | -8% shares |
| EQT CORP | EQT | $25.54M | 6.7% | -11% shares |
| NEWMONT CORP | NEM | $25.03M | 6.6% | -19% shares |
| MCKESSON CORP | MCK | $23.51M | 6.2% | unchanged |
| ROYAL GOLD INC | RGLD | $22.37M | 5.9% | unchanged |
| RUSH ENTERPRISES INC | RUSHA | $21.94M | 5.8% | -12% shares |
| BERKSHIRE HATHAWAY INC DEL | BRK/B | $18.38M | 4.8% | unchanged |
| SLB LIMITED | SLB | $16.56M | 4.4% | unchanged |
| APPLE INC | AAPL | $15.88M | 4.2% | unchanged |
| WABTEC | WAB | $15.78M | 4.2% | unchanged |
| LYONDELLBASELL INDUSTRIES NV | $15.08M | 4.0% | unchanged | |
| BGC GROUP INC | BGC | $14.12M | 3.7% | -18% shares |
| CELANESE CORP DEL | CE | $13.86M | 3.6% | unchanged |
| MASTEC INC | MTZ | $13.78M | 3.6% | -60% shares |
| NMI HLDGS INC | NMIH | $13.74M | 3.6% | -22% shares |
| MICROCHIP TECHNOLOGY INC. | MCHP | $13.11M | 3.5% | unchanged |
| EA SERIES TRUST | FRDM | $12.94M | 3.4% | new |
| MICROSOFT CORP | MSFT | $12.19M | 3.2% | unchanged |
| UNITED RENTALS INC | URI | $11.37M | 3.0% | unchanged |
| SPDR GOLD TR | GLD | $9.50M | 2.5% | unchanged |
| TAYLOR MORRISON HOME CORP | TMHC | $9.24M | 2.4% | unchanged |
| ALPS ETF TR | AMLP | $7.93M | 2.1% | -15% shares |
| EQUINOX GOLD CORP | EQX | $7.51M | 2.0% | unchanged |
| ICON PLC | $7.30M | 1.9% | -11% shares | |
| TRAVELERS COMPANIES INC | TRV | $1.93M | 0.5% | unchanged |
What changed since Q4 2025
Against the Q4 2025 filing, Muhlenkamp & Company opened 2 new positions, added to 0, trimmed 9, left 18 unchanged and exited 1. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001133219-26-000002, filed by MUHLENKAMP & CO INC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.