Muhlenkamp
As of Q2 2026, Muhlenkamp reported 28 long-equity positions worth $345.25M in aggregate.
Copy-investor backtest
- Latest quarter
- -0.31%
- 1-year
- +29.36%
- 3-year
- +64.67%
- 5-year
- +100.96%
- 3-year vs S&P 500
- -6.15%
- 5-year vs S&P 500
- +26.21%
- 5-year top 5
- +111.47%
Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.
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Updated 2026-09-19 from SEC 13F data.
Live quotes available for 36 of 72 rows. Rows without a quote are marked unavailable.
| 1 | BFH | ALLIANCE DATA SYS CORP COM | 8.31% | Add +2.3% | 181,510 | $47.72M | $262.93 | No quote |
| 2 | JPM | J.P. Morgan Chase & Co. | 4.65% | Add +2.0% | 456,820 | $26.72M | $58.48 | No quote |
| 3 | CELG | CELGENE CORP COM | 4.34% | Add +2.9% | 147,425 | $24.91M | No quote | No quote |
| 4 | SAH | SONIC AUTOMOTIVE INC CL A | 4.21% | Add +1.1% | 987,990 | $24.19M | No quote | No quote |
| 5 | STT | State Street Corp | 4.20% | Add +2.5% | 328,628 | $24.12M | $73.39 | No quote |
| 6 | PM | PHILIP MORRIS INTL. INC. | 3.73% | - | 245,487 | $21.39M | $87.13 | No quote |
| 7 | MSFT | Microsoft Corp | 3.69% | Reduce -13.2% | 566,065 | $21.18M | $37.41 | No quote |
| 8 | DAL | Delta Air Lines | 3.61% | Add +4.1% | 754,415 | $20.72M | $27.47 | No quote |
| 9 | ORCL | Oracle Corp | 3.61% | Add +1.9% | 541,593 | $20.72M | $38.26 | No quote |
| 10 | AIG | American International Group | 3.38% | Add +2.7% | 380,080 | $19.4M | $51.05 | No quote |
| 11 | GM | General Motors Co. | 3.36% | Add +2.8% | 471,895 | $19.29M | $40.87 | No quote |
| 12 | C | Citigroup Inc. | 3.10% | Add +2.3% | 341,145 | $17.78M | $52.11 | No quote |
| 13 | GE | General Electric | 3.04% | Add +2.7% | 622,255 | $17.44M | $28.03 | No quote |
| 14 | REXX | REX ENERGY CORP | 2.89% | Add +2.0% | 841,265 | $16.58M | No quote | No quote |
| 15 | LNC | LINCOLN NATL CORP IND COM | 2.76% | - | 307,280 | $15.86M | $51.62 | No quote |
| 16 | GILD | GILEAD SCIENCES INC COM | 2.52% | Add +2.9% | 192,795 | $14.48M | $75.10 | No quote |
| 17 | BRK-B | Berkshire Hathaway CL B | 2.43% | Add +3.6% | 117,635 | $13.95M | $118.56 | No quote |
| 18 | HAL | Halliburton Co. | 2.21% | Add +4.6% | 250,350 | $12.71M | $50.75 | No quote |
| 19 | DCH | AMERICAN AXLE & MFG COM | 2.16% | Add +10.8% | 607,640 | $12.43M | $20.45 | No quote |
| 20 | COV | COVIDIEN PLC SHS | 2.15% | Add +4.0% | 181,635 | $12.37M | No quote | No quote |
| 21 | ABG | ASBURY AUTOMOTIVE GP COM | 2.14% | Add +5.8% | 228,850 | $12.3M | $53.74 | No quote |
| 22 | WPRT | WESTPORT INNOVATIONS COM NEW | 2.01% | Reduce -5.4% | 588,547 | $11.54M | No quote | No quote |
| 23 | RUSHA | Rush Enterprises CLA | 1.99% | - | 385,002 | $11.42M | $29.65 | No quote |
| 24 | CLNE | CLEAN ENERGY FUELS CRP COM | 1.98% | Add +95.7% | 881,475 | $11.35M | No quote | No quote |
| 25 | ALGT | ALLEGIANT TRAVEL CO | 1.71% | - | 93,110 | $9.82M | $105.45 | No quote |
| 26 | EZCH | EZCHIP SEMICONDUCTOR | 1.42% | Add +3.5% | 332,035 | $8.17M | No quote | No quote |
| 27 | AAPL | Apple Computer Inc. | 1.38% | Add +4.9% | 14,153 | $7.94M | $561.01 | No quote |
| 28 | OLED | UNIVERSAL DISPLAY CORP COM | 1.23% | Add +0.9% | 205,945 | $7.08M | No quote | No quote |
| 29 | TEVA | TEVA PHARMACEUTCL INDS ADR | 1.23% | Add +3.7% | 176,340 | $7.07M | $40.08 | No quote |
| 30 | DTV | DIRECTV GROUP INC COM | 1.22% | Add +0.5% | 101,740 | $7.03M | No quote | No quote |
| 31 | - | CALL MORGAN STANLEY $17 EXP 01CUSIP 0000AN2A5 | 1.00% | - | 4,000 | $5.74M | No quote | No quote |
| 32 | KBR | KBR INC COM | 0.99% | New | 178,745 | $5.7M | $31.89 | No quote |
| 33 | CBI | CHICAGO BRIDGE & IRON COM | 0.94% | New | 64,935 | $5.4M | No quote | No quote |
| 34 | COF | Capital One Financial Corp. | 0.70% | Add +0.7% | 52,260 | $4M | $76.62 | No quote |
| 35 | SAVE | SPIRIT AIRLS INC COM | 0.69% | Add +46.8% | 86,725 | $3.94M | No quote | No quote |
| 36 | PHM | Pulte Homes, Inc. | 0.68% | Add +43.0% | 190,800 | $3.89M | $20.37 | No quote |
| 37 | CSCO | Cisco Systems Inc | 0.65% | Add +10.6% | 165,599 | $3.71M | $22.43 | No quote |
| 38 | LSCC | LATTICE SEMICONDUCTOR CORP | 0.64% | Add +4.5% | 664,310 | $3.65M | $5.49 | No quote |
| 39 | CY | CYPRESS SEMICONDUCTOR COM | 0.61% | Add +4.1% | 332,682 | $3.49M | No quote | No quote |
| 40 | LSI | LSI LOGIC CORP COM | 0.60% | New | 313,835 | $3.46M | No quote | No quote |
| 41 | HBI | HANESBRANDS INC COM | 0.60% | Add +23.9% | 49,115 | $3.45M | No quote | No quote |
| 42 | WCIC | WCI CMNTYS INC COM PAR $0.01 | 0.52% | Add +83.9% | 156,344 | $2.99M | No quote | No quote |
| 43 | ISSC | INNOVATIVE SOLTNS&SUPP COM | 0.51% | Add +0.0% | 402,214 | $2.93M | No quote | No quote |
| 44 | BXE | BELLATRIX EXPLORATION COM | 0.46% | Add +237.2% | 360,365 | $2.64M | No quote | No quote |
| 45 | DFS | DISCOVER FINL SVCS COM | 0.44% | Add +28.6% | 45,170 | $2.53M | No quote | No quote |
| 46 | RUSHB | Rush Enterprises CLB | 0.41% | Add +14.5% | 93,372 | $2.38M | $25.50 | No quote |
| 47 | CRUS | Cirrus Logic Inc. | 0.41% | Reduce -45.0% | 115,805 | $2.37M | $20.42 | No quote |
| 48 | - | CALL MICROSOFT CORP $28 EXP 01CUSIP 4345707 | 0.40% | Add +18.1% | 2,376 | $2.3M | No quote | No quote |
| 49 | GMED | GLOBUS MED INC CL A | 0.40% | Add +20.3% | 112,875 | $2.28M | $20.18 | No quote |
| 50 | - | CALL AMERICAN CAPITAL LTD 12 ECUSIP 4180324 | 0.28% | Add +2.5% | 4,120 | $1.63M | No quote | No quote |
| 51 | PFE | Pfizer Inc | 0.24% | Add +29.1% | 45,129 | $1.38M | $30.62 | No quote |
| 52 | IBM | International Business Machine | 0.20% | Add +25.6% | 6,050 | $1.14M | $187.60 | No quote |
| 53 | FSYS | FUEL SYS SOLUTIONS INC COM | 0.20% | Reduce -1.0% | 80,883 | $1.12M | No quote | No quote |
| 54 | FIG | FORTRESS INVT GRP LLC CL A | 0.11% | New | 70,765 | $606K | $8.56 | No quote |
| 55 | - | CALL MORGAN STANLEY $15 EXP 01CUSIP 4680440 | 0.09% | New | 320 | $524K | No quote | No quote |
| 56 | DSL | DOUBLELINE INCOME SOLU COM | 0.07% | New | 18,355 | $387K | No quote | No quote |
| 57 | MS | Morgan Stanley | 0.07% | Add +7.2% | 12,065 | $378K | $31.33 | No quote |
| 58 | FST | Forest Oil | 0.06% | New | 102,060 | $368K | No quote | No quote |
| 59 | AB | ALLIANCEBERNSTEIN HLDG UNIT LT | 0.06% | New | 15,440 | $329K | No quote | No quote |
| 60 | ACAS | AMERICAN CAPITAL LTD | 0.05% | New | 18,915 | $296K | No quote | No quote |
| 61 | MUHLX | Muhlenkamp Fund | 0.04% | New | 3,796 | $258K | No quote | No quote |
| 62 | MDR | Mcdermott Intl Inc | 0.04% | New | 27,020 | $248K | No quote | No quote |
| 63 | PAAS | PAN AMERICAN SILVER CP COM | 0.04% | New | 20,210 | $236K | $11.68 | No quote |
| 64 | - | CALL CIGNA CORP $52.5 EXP 01/1CUSIP 4104888 | 0.04% | New | 60 | $216K | No quote | No quote |
| 65 | EMAN | EMAGIN CORP COM NEW | 0.03% | Add +2.9% | 68,380 | $194K | No quote | No quote |
| 66 | CECO | CAREER EDUCATION CORP COM | 0.02% | New | 20,700 | $118K | $5.70 | No quote |
| 67 | QTWWQ | QUANTUM FUEL SYS TECH COM NEW | 0.02% | Reduce -35.5% | 14,990 | $117K | No quote | No quote |
| 68 | PATH | NUPATHE INC COM | 0.01% | Reduce -0.7% | 20,425 | $67K | $3.28 | No quote |
| 69 | APGI | AMERICAN POWER GROUP CORP | 0.01% | Add +18.0% | 51,295 | $37K | No quote | No quote |
| 70 | AMSLF | FLYHT AEROSPACE SOLUTI COM | 0.00% | New | 50,895 | $22K | No quote | No quote |
| 72 | MYGN | MYRIAD GENETICS INC COM | - | Sold | 0 | $0 | No quote | No quote |
| 71 | APC | Anadarko Petroleum Corp. | - | Sold | 0 | $0 | No quote | No quote |