Muhlenkamp
As of Q2 2026, Muhlenkamp reported 28 long-equity positions worth $345.25M in aggregate.
Copy-investor backtest
- Latest quarter
- -0.07%
- 1-year
- +30.28%
- 3-year
- +64.16%
- 5-year
- +104.58%
- 3-year vs S&P 500
- -6.86%
- 5-year vs S&P 500
- +29.63%
- 5-year top 5
- +111.89%
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.
Get email alerts when Muhlenkamp files a new 13F — sign in or create a free account.
Updated 2026-09-12 from SEC 13F data.
Live quotes available for 45 of 88 rows. Rows without a quote are marked unavailable.
| 1 | BFH | ALLIANCE DATA SYS CORP COM | 9.99% | Reduce -0.1% | 118,642 | $30.45M | $256.69 | No quote |
| 2 | AAPL | Apple Computer Inc. | 7.00% | Reduce -0.1% | 148,146 | $21.34M | $144.02 | No quote |
| 3 | ON | ON SEMICONDUCTOR CORP COM | 5.70% | Reduce -0.2% | 1,238,320 | $17.39M | $14.04 | No quote |
| 4 | MSFT | Microsoft Corp | 5.25% | Reduce -0.1% | 232,388 | $16.02M | $68.93 | No quote |
| 5 | GILD | GILEAD SCIENCES INC COM | 5.24% | Reduce -0.0% | 225,685 | $15.97M | $70.78 | No quote |
| 6 | MCK | MCKESSON CORP COM | 3.85% | Reduce -0.1% | 71,365 | $11.74M | $164.53 | No quote |
| 7 | CE | CELANESE CORP-SERIES A | 3.80% | Reduce -0.1% | 122,165 | $11.6M | $94.94 | No quote |
| 8 | HBI | HANESBRANDS INC COM | 3.78% | Reduce -0.3% | 497,766 | $11.53M | No quote | No quote |
| 9 | UNH | UnitedHealth Group Inc. | 3.59% | Add +0.0% | 59,024 | $10.94M | $185.42 | No quote |
| 10 | GLD | SPDR GOLD TRUST GOLD SHS | 3.27% | Reduce -0.1% | 84,600 | $9.98M | $118.01 | No quote |
| 11 | BMY | BRISTOL-MEYERS SQUIBB CO | 3.25% | Reduce -0.1% | 177,974 | $9.92M | $55.72 | No quote |
| 12 | LCI | LANNETT INC COM | 3.25% | Reduce -0.1% | 486,060 | $9.92M | No quote | No quote |
| 13 | CELG | CELGENE CORP COM | 3.08% | Reduce -0.1% | 72,418 | $9.41M | No quote | No quote |
| 14 | RUSHA | Rush Enterprises CLA | 3.07% | - | 252,012 | $9.37M | $37.18 | No quote |
| 15 | TCEHY | TENCENT HOLDINGS LTD-UNS ADR | 2.95% | Reduce -0.1% | 249,696 | $8.98M | No quote | No quote |
| 16 | FHI | Federated Invs. PA CL B | 2.77% | Reduce -0.1% | 298,936 | $8.45M | No quote | No quote |
| 17 | CCJ | CAMECO CORP COM | 2.60% | Reduce -0.1% | 870,798 | $7.92M | $9.10 | No quote |
| 18 | MCHP | MICROCHIP TECHNOLOGY COM | 2.52% | Reduce -0.1% | 99,670 | $7.69M | $77.18 | No quote |
| 19 | DOW | Dow Chemical Co. | 2.44% | Reduce -0.1% | 117,895 | $7.44M | $63.07 | No quote |
| 20 | DAL | Delta Air Lines | 2.33% | Reduce -0.6% | 132,150 | $7.1M | $53.74 | No quote |
| 21 | BIIB | BIOGEN IDEC INC COM | 2.27% | Reduce -0.1% | 25,545 | $6.93M | $271.36 | No quote |
| 22 | GME | GAMESTOP CORP NEW CL A | 1.82% | Reduce -0.6% | 256,519 | $5.54M | No quote | No quote |
| 23 | GMLP | GOLAR LNG PARTNERS LP COM UNIT | 1.72% | Reduce -0.1% | 260,795 | $5.23M | No quote | No quote |
| 24 | SLB | Schlumberger Ltd | 1.58% | Reduce -0.2% | 73,010 | $4.81M | $65.84 | No quote |
| 25 | OLED | UNIVERSAL DISPLAY CORP COM | 1.52% | Reduce -26.3% | 42,435 | $4.64M | No quote | No quote |
| 26 | SAVE | SPIRIT AIRLS INC COM | 1.51% | Reduce -50.9% | 88,990 | $4.6M | No quote | No quote |
| 27 | ESRX | EXPRESS SCRIPTS HLDG COM | 1.30% | New | 61,979 | $3.96M | No quote | No quote |
| 28 | NPSNY | NASPERS LTD SPON ADR SA | 1.17% | New | 175,096 | $3.56M | No quote | No quote |
| 29 | TEVA | TEVA PHARMACEUTCL INDS ADR | 1.16% | Reduce -0.1% | 106,505 | $3.54M | $33.22 | No quote |
| 30 | GLOP | GASLOG PARTNERS LP UNIT LTD PT | 1.06% | Reduce -0.1% | 142,910 | $3.24M | No quote | No quote |
| 31 | DLNG | DYNAGAS LNG PARTNERS L COM UNI | 1.03% | Reduce -0.1% | 205,832 | $3.15M | No quote | No quote |
| 32 | NLY | Annaly Capital Management | 0.94% | Reduce -0.5% | 237,215 | $2.86M | No quote | No quote |
| 33 | PKW | POWERSHARES BUYBACK ACHIEVERS | 0.61% | Reduce -2.2% | 34,485 | $1.85M | No quote | No quote |
| 34 | PFE | Pfizer Inc | 0.36% | - | 33,034 | $1.11M | $33.60 | No quote |
| 35 | BWP | BOARDWALK PIPELIN PTNR UT LTD | 0.32% | - | 54,200 | $976K | No quote | No quote |
| 36 | DSXPRB | DIANA SHIPPING INC PERP PFD SE | 0.23% | - | 31,400 | $697K | No quote | No quote |
| 37 | BIVV | BIOVERATIV INC | 0.23% | Reduce -0.1% | 11,531 | $694K | No quote | No quote |
| 38 | RUSHB | Rush Enterprises CLB | 0.19% | Reduce -1.3% | 16,206 | $590K | $36.41 | No quote |
| 39 | ETP | ENERGY TRANSFER PARTNERS LP | 0.17% | New | 24,960 | $509K | No quote | No quote |
| 40 | GLNG | GOLAR LNG LTD | 0.13% | - | 17,510 | $390K | $22.27 | No quote |
| 41 | CTRA | CABOT OIL & GAS CORP | 0.13% | - | 15,510 | $389K | $25.08 | No quote |
| 42 | DCH | AMERICAN AXLE & MFG COM | 0.12% | - | 24,200 | $378K | $15.62 | No quote |
| 43 | TPH | TRI POINTE GROUP INC COM | 0.11% | New | 26,000 | $343K | $13.19 | No quote |
| 44 | MS | Morgan Stanley | 0.11% | Add +11.6% | 7,257 | $323K | $44.51 | No quote |
| 45 | AB | ALLIANCEBERNSTEIN HLDG UNIT LT | 0.09% | - | 12,050 | $285K | No quote | No quote |
| 46 | LYB | LYONDELLBASELL INDUSTR SHS - A | 0.08% | - | 2,900 | $245K | $84.48 | No quote |
| 47 | MGNX | MACROGENICS INC COM | 0.08% | - | 13,167 | $231K | No quote | No quote |
| 49 | EGO | ELDORADO GOLD CORP NEW COM | 0.07% | - | 77,340 | $204K | $2.64 | No quote |
| 48 | AMP | AMERIPRISE FINANCIAL INC | 0.07% | - | 1,600 | $204K | $127.50 | No quote |
| 50 | AFMD | AFFIMED NV | 0.05% | - | 72,786 | $149K | No quote | No quote |
| 51 | COO | COOPER COS INC/THE | 0.01% | - | 170 | $41K | $241.18 | No quote |
| 52 | TSLA | TESLA MOTORS INC | 0.01% | New | 75 | $27K | $360.00 | No quote |
| 53 | GM | General Motors Co. | 0.01% | New | 665 | $23K | $34.59 | No quote |
| 54 | FLYLF | FLYHT AEROSPACE SOLUTIONS LT | 0.00% | New | 22,000 | $4K | No quote | No quote |
| 60 | FOXA | TWENTY-FIRST CENTURY FOX-A | - | Sold | 0 | $0 | No quote | No quote |
| 59 | REXX | REX ENERGY CORP | - | Sold | 0 | $0 | No quote | No quote |
| 58 | AMSLF | FLYHT AEROSPACE SOLUTI COM | - | Sold | 0 | $0 | No quote | No quote |
| 57 | ETP | ENERGY TRANSFER PRTNRS UNIT LT | - | Sold | 0 | $0 | No quote | No quote |
| 56 | BXE | BELLATRIX EXPLORATION COM | - | Sold | 0 | $0 | No quote | No quote |
| 55 | ALGT | ALLEGIANT TRAVEL CO | - | Sold | 0 | $0 | No quote | No quote |
Options positions
Put = right to sell at strike (a bearish bet). Call = right to buy at strike (bullish via leverage). The notional column shows the underlying market value reported to the SEC, not the option premium paid - these don't add to the long-equity % portfolio above.
| 1 | GILD | GILEAD SCIENCES INC COMCOM | CALL | Reduce -10.5% | 25,600 | $1.81M |
| 2 | F | Ford Motor CompanyCOM | PUT | - | 110,000 | $1.23M |
| 3 | GGP | GENERAL GROWTH PROPERTIESCOM | PUT | - | 47,500 | $1.12M |
| 4 | TSLA | TESLA MOTORS INCCOM | PUT | - | 3,000 | $1.09M |
| 5 | ALLY | ALLY FINACIAL INCCOM | PUT | - | 46,800 | $978K |
| 6 | BIIB | BIOGEN IDEC INC COMCOM | CALL | - | 3,000 | $814K |
| 7 | BAC | Bank of America CorpCOM | CALL | - | 30,000 | $728K |
| 8 | CNQ | CANADIAN NAT RES LTD COMCOM | PUT | - | 25,000 | $721K |
| 9 | PAA | PLAINS ALL AMERN PIPEL UNIT LTMLP | PUT | - | 26,000 | $683K |
| 10 | NAVI | NAVIENT CORP COMCOM | PUT | - | 39,000 | $649K |
| 11 | HCP | HCP INC COMCOM | PUT | - | 18,000 | $575K |
| 12 | VIAB | VIACOM INC-CLASS BCOM | PUT | - | 14,000 | $470K |
| 13 | S | SPRINT NEXTEL CORPCOM | PUT | - | 57,000 | $468K |
| 14 | WMB | Williams Cos. Inc.COM | PUT | - | 15,000 | $454K |
| 15 | LEN | LENNAR CORP CL ACOM | CALL | - | 8,100 | $432K |
| 16 | CELG | CELGENE CORP COMCOM | CALL | - | 3,000 | $390K |
| 17 | AKS | AK Steel Holding CorpCOM | PUT | - | 57,000 | $374K |
| 18 | JCP | PENNEY J C INC COMCOM | PUT | - | 60,000 | $279K |
| 19 | AFL | AFLAC INC COMCOM | PUT | - | 3,300 | $257K |
| 20 | COO | COOPER COS INC/THECOM | CALL | - | 1,000 | $239K |
| 21 | GM | General Motors Co.COM | CALL | - | 6,400 | $224K |
| 22 | AVP | Avon Products, Inc.COM | PUT | - | 57,000 | $217K |
| 23 | WFT | WEATHERFORD INTL PLC ORD SHSCOM | CALL | - | 44,500 | $172K |
| 24 | CCJ | CAMECO CORP COMCOM | CALL | - | 2,000 | $18K |
| 28 | VNO | VORNADO RLTY TR SH BEN INTCOM | PUT | Sold | 0 | $0 |
| 27 | TPH | TRI POINTE GROUP INC COMCOM | CALL | Sold | 0 | $0 |
| 26 | CSCO | Cisco Systems IncCOM | CALL | Sold | 0 | $0 |
| 25 | CVS | C V S Corp DelCOM | CALL | Sold | 0 | $0 |