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.
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Updated 2026-09-12 from SEC 13F data.
Live quotes available for 30 of 59 rows. Rows without a quote are marked unavailable.
| 1 | BFH | ALLIANCE DATA SYS CORP COM | 9.87% | Reduce -0.5% | 120,230 | $25.79M | $214.53 | No quote |
| 2 | GILD | GILEAD SCIENCES INC COM | 6.49% | Reduce -1.1% | 214,495 | $16.97M | $79.12 | No quote |
| 3 | AAPL | Apple Computer Inc. | 6.49% | Reduce -0.3% | 150,111 | $16.97M | $113.05 | No quote |
| 4 | ON | ON SEMICONDUCTOR CORP COM | 5.92% | Reduce -0.5% | 1,255,265 | $15.47M | $12.32 | No quote |
| 5 | MSFT | Microsoft Corp | 5.17% | Reduce -0.3% | 234,738 | $13.52M | $57.60 | No quote |
| 6 | GLD | SPDR GOLD TRUST GOLD SHS | 4.17% | Reduce -0.7% | 86,715 | $10.9M | $125.64 | No quote |
| 7 | HBI | HANESBRANDS INC COM | 3.83% | Reduce -0.6% | 396,705 | $10.02M | No quote | No quote |
| 8 | WCIC | WCI CMNTYS INC COM PAR $0.01 | 3.73% | Add +13.2% | 410,495 | $9.74M | No quote | No quote |
| 9 | BMY | BRISTOL-MEYERS SQUIBB CO | 3.72% | Reduce -0.6% | 180,316 | $9.72M | $53.92 | No quote |
| 10 | RUSHA | Rush Enterprises CLA | 3.61% | - | 385,002 | $9.43M | $24.48 | No quote |
| 11 | UNH | UnitedHealth Group Inc. | 3.20% | Reduce -0.9% | 59,660 | $8.35M | $139.99 | No quote |
| 12 | CE | CELANESE CORP-SERIES A | 3.15% | Reduce -0.7% | 123,720 | $8.24M | $66.56 | No quote |
| 13 | SAVE | SPIRIT AIRLS INC COM | 3.11% | Reduce -0.7% | 191,280 | $8.14M | No quote | No quote |
| 14 | TEVA | TEVA PHARMACEUTCL INDS ADR | 3.09% | Reduce -0.5% | 175,770 | $8.09M | $46.01 | No quote |
| 15 | CELG | CELGENE CORP COM | 2.94% | Add +271.1% | 73,515 | $7.69M | No quote | No quote |
| 16 | MCK | MCKESSON CORP COM | 2.92% | Reduce -0.9% | 45,753 | $7.63M | $166.74 | No quote |
| 17 | BIIB | BIOGEN IDEC INC COM | 2.81% | Reduce -0.9% | 23,478 | $7.35M | $313.02 | No quote |
| 18 | LCI | LANNET INC COM | 2.75% | Reduce -33.0% | 270,930 | $7.2M | No quote | No quote |
| 19 | TCEHY | TENCENT HOLDINGS LTD-UNS ADR | 2.69% | New | 252,393 | $7.04M | No quote | No quote |
| 20 | DAL | Delta Air Lines | 2.02% | Add +0.2% | 134,005 | $5.27M | $39.36 | No quote |
| 21 | GMLP | GOLAR LNG PARTNERS LP COM UNIT | 1.98% | Reduce -0.4% | 264,295 | $5.19M | No quote | No quote |
| 22 | SLB | Schlumberger Ltd | 1.80% | Reduce -0.2% | 59,985 | $4.72M | $78.64 | No quote |
| 23 | ALGT | ALLEGIANT TRAVEL CO | 1.73% | Add +0.8% | 34,258 | $4.52M | $132.06 | No quote |
| 24 | HAL | Halliburton Co. | 1.72% | - | 100,000 | $4.49M | $44.88 | No quote |
| 25 | CYH | COMMUNITY HEALTH SYS INC NEW | 1.66% | Reduce -0.5% | 375,380 | $4.33M | No quote | No quote |
| 26 | OLED | UNIVERSAL DISPLAY CORP COM | 1.60% | Add +0.6% | 75,360 | $4.18M | No quote | No quote |
| 27 | GLOP | GASLOG PARTNERS LP UNIT LTD PT | 1.20% | Reduce -0.8% | 143,750 | $3.13M | No quote | No quote |
| 28 | DLNG | DYNAGAS LNG PARTNERS L COM UNI | 1.17% | Reduce -0.9% | 198,415 | $3.07M | No quote | No quote |
| 29 | NLY | Annaly Capital Management | 0.98% | Reduce -3.5% | 244,600 | $2.57M | No quote | No quote |
| 30 | RUSHB | Rush Enterprises CLB | 0.90% | Add +1.4% | 97,227 | $2.36M | $24.31 | No quote |
| 31 | PKW | POWERSHARES BUYBACK ACHIEVERS | 0.70% | Reduce -72.5% | 38,300 | $1.82M | No quote | No quote |
| 32 | PFE | Pfizer Inc | 0.47% | Reduce -2.7% | 36,034 | $1.22M | $33.86 | No quote |
| 33 | BWP | BOARDWALK PIPELIN PTNR UT LTD | 0.34% | Reduce -10.3% | 52,200 | $896K | No quote | No quote |
| 34 | DSL | DOUBLELINE INCOME SOLU COM | 0.25% | - | 33,720 | $646K | No quote | No quote |
| 35 | BXE | BELLATRIX EXPLORATION COM | 0.23% | Reduce -11.4% | 698,265 | $597K | No quote | No quote |
| 36 | QHC | QUORUM HEALTH CORP | 0.22% | Reduce -0.9% | 93,027 | $583K | No quote | No quote |
| 37 | DSXPRB | DIANA SHIPPING INC PERP PFD SE | 0.19% | - | 28,900 | $495K | No quote | No quote |
| 38 | DCH | AMERICAN AXLE & MFG COM | 0.15% | - | 22,600 | $389K | $17.21 | No quote |
| 39 | REXX | REX ENERGY CORP | 0.15% | Reduce -2.2% | 654,437 | $382K | No quote | No quote |
| 40 | GLNG | GOLAR LNG LTD | 0.14% | - | 17,210 | $365K | $21.21 | No quote |
| 41 | MGNX | MACROGENICS INC COM | 0.14% | Reduce -23.2% | 12,162 | $364K | No quote | No quote |
| 42 | KMI | KINDER MORGAN INC | 0.13% | - | 14,570 | $337K | $23.13 | No quote |
| 43 | AB | ALLIANCEBERNSTEIN HLDG UNIT LT | 0.10% | - | 11,550 | $263K | No quote | No quote |
| 44 | LYB | LYONDELLBASELL INDUSTR SHS - A | 0.09% | - | 3,000 | $242K | $80.67 | No quote |
| 45 | MS | Morgan Stanley | 0.08% | New | 6,505 | $209K | $32.13 | No quote |
| 46 | AFMD | AFFIMED NV | 0.08% | Add +150.8% | 73,109 | $203K | No quote | No quote |
| 47 | ACAS | AMERICAN CAPITAL LTD | 0.07% | - | 10,600 | $179K | No quote | No quote |
| 48 | TNK | TEEKAY TANKERS LTD CL A | 0.05% | Add +3.3% | 50,695 | $128K | No quote | No quote |
| 49 | AMSLF | FLYHT AEROSPACE SOLUTI COM | 0.00% | - | 22,000 | $4K | No quote | No quote |
| 51 | NSR | NEUSTAR INC CL A | - | Sold | 0 | $0 | No quote | No quote |
| 50 | DSPG | DSP GROUP INC COM | - | 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 | BIIB | BIOGEN IDEC INC COMCOM | CALL | - | 3,000 | $939K |
| 2 | CSCO | Cisco Systems IncCOM | CALL | - | 19,000 | $602K |
| 3 | GILD | GILEAD SCIENCES INC COMCOM | CALL | Add +134.4% | 7,500 | $593K |
| 4 | BAC | Bank of America CorpCOM | CALL | New | 30,000 | $470K |
| 5 | CELG | CELGENE CORP COMCOM | CALL | New | 3,000 | $314K |
| 6 | PHM | Pulte Homes, Inc.COM | CALL | - | 13,000 | $261K |
| 7 | GM | General Motors Co.COM | CALL | New | 6,400 | $203K |
| 8 | XOM | Exxon Mobil Corp.COM | PUT | Sold | 0 | $0 |