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 35 of 77 rows. Rows without a quote are marked unavailable.
| 1 | BFH | ALLIANCE DATA SYS CORP COM | 8.20% | Reduce -5.7% | 171,139 | $46.63M | $272.45 | No quote |
| 2 | JPM | J.P. Morgan Chase & Co. | 4.90% | Add +0.5% | 459,045 | $27.87M | $60.71 | No quote |
| 3 | DAL | Delta Air Lines | 4.59% | Reduce -0.3% | 752,495 | $26.07M | $34.65 | No quote |
| 4 | STT | State Street Corp | 4.01% | Reduce -0.1% | 328,168 | $22.82M | $69.55 | No quote |
| 5 | ORCL | Oracle Corp | 3.91% | Add +0.3% | 542,960 | $22.21M | $40.91 | No quote |
| 6 | SAH | SONIC AUTOMOTIVE INC CL A | 3.89% | Reduce -0.5% | 983,425 | $22.11M | No quote | No quote |
| 7 | CELG | CELGENE CORP COM | 3.67% | Add +1.3% | 149,325 | $20.85M | No quote | No quote |
| 8 | AIG | American International Group | 3.34% | Reduce -0.1% | 379,680 | $18.99M | $50.01 | No quote |
| 9 | GM | General Motors Co. | 2.85% | Reduce -0.1% | 471,330 | $16.22M | $34.42 | No quote |
| 10 | C | Citigroup Inc. | 2.85% | Reduce -0.2% | 340,355 | $16.2M | $47.60 | No quote |
| 11 | GE | General Electric | 2.83% | Reduce -0.1% | 621,735 | $16.1M | $25.89 | No quote |
| 12 | MSFT | Microsoft Corp | 2.82% | Reduce -31.0% | 390,695 | $16.02M | $40.99 | No quote |
| 13 | REXX | REX ENERGY CORP | 2.77% | Reduce -0.0% | 841,165 | $15.74M | No quote | No quote |
| 14 | LNC | LINCOLN NATL CORP IND COM | 2.74% | Add +0.2% | 307,990 | $15.61M | $50.67 | No quote |
| 15 | DTV | DIRECTV GROUP INC COM | 2.61% | Add +91.0% | 194,275 | $14.85M | No quote | No quote |
| 16 | HAL | Halliburton Co. | 2.59% | Reduce -0.1% | 250,230 | $14.74M | $58.89 | No quote |
| 17 | BRK-B | Berkshire Hathaway CL B | 2.58% | Reduce -0.2% | 117,350 | $14.67M | $124.97 | No quote |
| 18 | GILD | GILEAD SCIENCES INC COM | 2.39% | Reduce -0.4% | 192,015 | $13.61M | $70.86 | No quote |
| 19 | COV | COVIDIEN PLC SHS | 2.35% | Reduce -0.1% | 181,455 | $13.37M | No quote | No quote |
| 20 | RUSHA | Rush Enterprises CLA | 2.20% | - | 385,002 | $12.51M | $32.48 | No quote |
| 21 | DCH | AMERICAN AXLE & MFG COM | 1.98% | Reduce -0.1% | 607,250 | $11.25M | $18.52 | No quote |
| 22 | SAVE | SPIRIT AIRLS INC COM | 1.94% | Add +114.3% | 185,885 | $11.04M | No quote | No quote |
| 23 | BMY | Bristol Myers Squibb | 1.94% | New | 212,015 | $11.01M | $51.95 | No quote |
| 24 | ALGT | ALLEGIANT TRAVEL CO | 1.86% | Add +1.4% | 94,440 | $10.57M | $111.93 | No quote |
| 25 | MS | Morgan Stanley | 1.75% | Add +2547.6% | 319,435 | $9.96M | $31.17 | No quote |
| 26 | ABG | ASBURY AUTOMOTIVE GP COM | 1.65% | Reduce -26.1% | 169,150 | $9.36M | $55.31 | No quote |
| 27 | TEVA | TEVA PHARMACEUTCL INDS ADR | 1.63% | Reduce -0.5% | 175,440 | $9.27M | $52.84 | No quote |
| 28 | WPRT | WESTPORT INNOVATIONS COM NEW | 1.50% | Reduce -0.2% | 587,392 | $8.51M | No quote | No quote |
| 29 | EZCH | EZCHIP SEMICONDUCTOR | 1.48% | Reduce -0.1% | 331,550 | $8.41M | No quote | No quote |
| 30 | CLNE | CLEAN ENERGY FUELS CRP COM | 1.39% | Reduce -0.1% | 881,000 | $7.88M | No quote | No quote |
| 31 | AAPL | Apple Computer Inc. | 1.36% | Add +1.6% | 14,384 | $7.72M | $536.71 | No quote |
| 32 | OLED | UNIVERSAL DISPLAY CORP COM | 1.16% | Add +0.3% | 206,595 | $6.59M | No quote | No quote |
| 33 | HBI | HANESBRANDS INC COM | 1.05% | Add +58.6% | 77,885 | $5.96M | No quote | No quote |
| 34 | CBI | CHICAGO BRIDGE & IRON COM | 1.00% | Add +0.1% | 64,995 | $5.66M | No quote | No quote |
| 35 | MHR | MAGNUM HUNTER RES CORP COM | 0.94% | New | 631,630 | $5.37M | No quote | No quote |
| 36 | KBR | KBR INC COM | 0.84% | Add +0.4% | 179,430 | $4.79M | $26.68 | No quote |
| 37 | LSCC | LATTICE SEMICONDUCTOR CORP | 0.82% | Reduce -10.4% | 594,980 | $4.67M | $7.84 | No quote |
| 38 | WCIC | WCI CMNTYS INC COM PAR $0.01 | 0.77% | Add +41.9% | 221,774 | $4.38M | No quote | No quote |
| 39 | COF | Capital One Financial Corp. | 0.72% | Add +0.9% | 52,755 | $4.07M | $77.17 | No quote |
| 40 | PHM | Pulte Homes, Inc. | 0.65% | Add +0.5% | 191,810 | $3.68M | $19.19 | No quote |
| 41 | CSCO | Cisco Systems Inc | 0.64% | Reduce -2.1% | 162,079 | $3.63M | $22.41 | No quote |
| 42 | BXE | BELLATRIX EXPLORATION COM | 0.62% | Add +15.3% | 415,580 | $3.5M | No quote | No quote |
| 43 | - | CALL MICROSOFT CORP $28 EXP 01CUSIP 4345707 | 0.56% | Reduce -0.3% | 2,370 | $3.18M | No quote | No quote |
| 44 | ISSC | INNOVATIVE SOLTNS&SUPP COM | 0.53% | Reduce -0.4% | 400,689 | $3.02M | No quote | No quote |
| 45 | NLY | Annaly Mortgage Management | 0.49% | New | 255,375 | $2.8M | No quote | No quote |
| 46 | RUSHB | Rush Enterprises CLB | 0.46% | Reduce -0.6% | 92,772 | $2.61M | $28.16 | No quote |
| 47 | DFS | DISCOVER FINL SVCS COM | 0.45% | Reduce -2.8% | 43,930 | $2.56M | No quote | No quote |
| 48 | - | CALL AMERICAN CAPITAL LTD 12 ECUSIP 4180324 | 0.31% | - | 4,120 | $1.75M | No quote | No quote |
| 49 | GMED | GLOBUS MED INC CL A | 0.24% | Reduce -54.4% | 51,480 | $1.37M | $26.59 | No quote |
| 50 | PFE | Pfizer Inc | 0.23% | Reduce -8.8% | 41,169 | $1.32M | $32.11 | No quote |
| 51 | IBM | International Business Machine | 0.19% | Reduce -7.4% | 5,600 | $1.08M | $192.50 | No quote |
| 52 | EGO | ELDORADO GOLD CORP NEW COM | 0.13% | New | 129,305 | $722K | $5.58 | No quote |
| 53 | BWP | BOARDWALK PIPELIN PTNR UT LTD | 0.10% | New | 42,000 | $563K | No quote | No quote |
| 54 | FIG | FORTRESS INVT GRP LLC CL A | 0.09% | Reduce -2.6% | 68,945 | $510K | $7.40 | No quote |
| 55 | DSL | DOUBLELINE INCOME SOLU COM | 0.06% | Reduce -17.8% | 15,080 | $320K | No quote | No quote |
| 56 | ACAS | AMERICAN CAPITAL LTD | 0.05% | Add +2.0% | 19,300 | $305K | No quote | No quote |
| 57 | AB | ALLIANCEBERNSTEIN HLDG UNIT LT | 0.05% | Reduce -25.2% | 11,550 | $288K | No quote | No quote |
| 58 | - | CALL ANNALY CAP MGMT INC $10 ECUSIP 0000A2CJ0 | 0.05% | New | 2,237 | $277K | No quote | No quote |
| 59 | PAAS | PAN AMERICAN SILVER CP COM | 0.05% | - | 20,210 | $260K | $12.86 | No quote |
| 60 | MUHLX | Muhlenkamp Fund | 0.05% | - | 3,796 | $257K | No quote | No quote |
| 61 | DSPG | DSP GROUP INC COM | 0.04% | New | 26,985 | $233K | No quote | No quote |
| 62 | FST | Forest Oil | 0.04% | Add +5.1% | 107,260 | $205K | No quote | No quote |
| 63 | MDR | Mcdermott Intl Inc | 0.03% | Reduce -6.7% | 25,200 | $197K | No quote | No quote |
| 64 | CECO | CAREER EDUCATION CORP COM | 0.03% | Reduce -4.8% | 19,700 | $147K | $7.46 | No quote |
| 65 | QTWWQ | QUANTUM FUEL SYS TECH COM NEW | 0.02% | Reduce -17.3% | 12,390 | $120K | No quote | No quote |
| 66 | APGI | AMERICAN POWER GROUP CORP | 0.01% | Add +40.4% | 72,030 | $83K | No quote | No quote |
| 67 | AMSLF | FLYHT AEROSPACE SOLUTI COM | 0.01% | Add +26.9% | 64,610 | $39K | No quote | No quote |
| 77 | PM | PHILIP MORRIS INTL. INC. | - | Sold | 0 | $0 | No quote | No quote |
| 76 | PATH | NUPATHE INC COM | - | Sold | 0 | $0 | No quote | No quote |
| 75 | LSI | LSI LOGIC CORP COM | - | Sold | 0 | $0 | No quote | No quote |
| 74 | FSYS | FUEL SYS SOLUTIONS INC COM | - | Sold | 0 | $0 | No quote | No quote |
| 73 | EMAN | EMAGIN CORP COM NEW | - | Sold | 0 | $0 | No quote | No quote |
| 72 | CY | CYPRESS SEMICONDUCTOR COM | - | Sold | 0 | $0 | No quote | No quote |
| 71 | CRUS | Cirrus Logic Inc. | - | Sold | 0 | $0 | No quote | No quote |
| 70 | - | CALL MORGAN STANLEY $17 EXP 01CUSIP 0000AN2A5 | - | Sold | 0 | $0 | No quote | No quote |
| 69 | - | CALL MORGAN STANLEY $15 EXP 01CUSIP 4680440 | - | Sold | 0 | $0 | No quote | No quote |
| 68 | - | CALL CIGNA CORP $52.5 EXP 01/1CUSIP 4104888 | - | Sold | 0 | $0 | No quote | No quote |