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 42 of 84 rows. Rows without a quote are marked unavailable.
| 1 | AAPL | Apple Computer Inc. | 7.54% | Reduce -0.5% | 147,401 | $22.72M | $154.12 | No quote |
| 2 | ON | ON SEMICONDUCTOR CORP COM | 7.43% | Reduce -2.1% | 1,211,925 | $22.38M | $18.47 | No quote |
| 3 | GILD | GILEAD SCIENCES INC COM | 6.03% | Reduce -0.7% | 224,147 | $18.16M | $81.02 | No quote |
| 4 | MSFT | Microsoft Corp | 5.72% | Reduce -0.4% | 231,413 | $17.24M | $74.49 | No quote |
| 5 | BFH | ALLIANCE DATA SYS CORP COM | 5.13% | Reduce -41.2% | 69,782 | $15.46M | $221.55 | No quote |
| 6 | HBI | HANESBRANDS INC COM | 3.95% | Reduce -2.9% | 483,137 | $11.9M | No quote | No quote |
| 7 | RUSHA | Rush Enterprises CLA | 3.87% | - | 252,012 | $11.67M | $46.29 | No quote |
| 8 | UNH | UnitedHealth Group Inc. | 3.82% | Reduce -0.6% | 58,699 | $11.5M | $195.85 | No quote |
| 9 | CE | CELANESE CORP-SERIES A | 3.79% | Reduce -10.5% | 109,335 | $11.4M | $104.27 | No quote |
| 10 | BMY | BRISTOL-MEYERS SQUIBB CO | 3.75% | Reduce -0.5% | 177,169 | $11.29M | $63.74 | No quote |
| 11 | MCK | MCKESSON CORP COM | 3.62% | Reduce -0.6% | 70,956 | $10.9M | $153.62 | No quote |
| 12 | TCEHY | TENCENT HOLDINGS LTD-UNS ADR | 3.54% | Reduce -2.7% | 242,998 | $10.67M | No quote | No quote |
| 13 | CELG | CELGENE CORP COM | 3.46% | Reduce -1.3% | 71,455 | $10.42M | No quote | No quote |
| 14 | GLD | SPDR GOLD TRUST GOLD SHS | 3.34% | Reduce -2.3% | 82,630 | $10.05M | $121.58 | No quote |
| 15 | MCHP | MICROCHIP TECHNOLOGY COM | 2.95% | Reduce -0.9% | 98,815 | $8.87M | $89.78 | No quote |
| 16 | FHI | Federated Invs. PA CL B | 2.88% | Reduce -2.4% | 291,886 | $8.67M | No quote | No quote |
| 17 | LCI | LANNETT INC COM | 2.79% | Reduce -6.4% | 454,873 | $8.39M | No quote | No quote |
| 18 | CCJ | CAMECO CORP COM | 2.78% | Reduce -0.6% | 865,258 | $8.37M | $9.67 | No quote |
| 19 | DWDP | DOWDUPONT INC | 2.69% | New | 116,895 | $8.09M | No quote | No quote |
| 20 | BIIB | BIOGEN IDEC INC COM | 2.55% | Reduce -3.9% | 24,547 | $7.69M | $313.11 | No quote |
| 21 | CTSH | COGNIZANT TECH SOLUTIONS - A | 2.22% | New | 92,220 | $6.69M | $72.54 | No quote |
| 22 | DAL | Delta Air Lines | 2.08% | Reduce -1.5% | 130,145 | $6.28M | $48.22 | No quote |
| 23 | GMLP | GOLAR LNG PARTNERS LP COM UNIT | 1.95% | Reduce -2.8% | 253,435 | $5.89M | No quote | No quote |
| 24 | OLED | UNIVERSAL DISPLAY CORP COM | 1.82% | - | 42,435 | $5.47M | No quote | No quote |
| 25 | GME | GAMESTOP CORP NEW CL A | 1.75% | Reduce -0.7% | 254,700 | $5.26M | No quote | No quote |
| 26 | ESRX | EXPRESS SCRIPTS HLDG COM | 1.29% | Reduce -1.2% | 61,215 | $3.88M | No quote | No quote |
| 27 | NPSNY | NASPERS LTD SPON ADR SA | 1.25% | Reduce -50.9% | 86,013 | $3.78M | No quote | No quote |
| 28 | GLOP | GASLOG PARTNERS LP UNIT LTD PT | 1.08% | Reduce -1.9% | 140,220 | $3.26M | No quote | No quote |
| 29 | DLNG | DYNAGAS LNG PARTNERS L COM UNI | 0.92% | Reduce -3.4% | 198,922 | $2.77M | No quote | No quote |
| 30 | NLY | Annaly Capital Management | 0.92% | Reduce -4.4% | 226,875 | $2.77M | No quote | No quote |
| 31 | PKW | POWERSHARES BUYBACK ACHIEVERS | 0.56% | Reduce -11.5% | 30,515 | $1.7M | No quote | No quote |
| 32 | PFE | Pfizer Inc | 0.33% | Reduce -16.8% | 27,494 | $982K | $35.72 | No quote |
| 33 | BWP | BOARDWALK PIPELIN PTNR UT LTD | 0.26% | - | 54,200 | $797K | No quote | No quote |
| 34 | DSXPRB | DIANA SHIPPING INC PERP PFD SE | 0.25% | - | 31,400 | $755K | No quote | No quote |
| 35 | RUSHB | Rush Enterprises CLB | 0.23% | Reduce -3.1% | 15,706 | $685K | $43.61 | No quote |
| 36 | BIVV | BIOVERATIV INC | 0.21% | Reduce -3.4% | 11,137 | $636K | No quote | No quote |
| 37 | ETP | ENERGY TRANSFER PARTNERS LP | 0.15% | - | 24,960 | $457K | No quote | No quote |
| 38 | CTRA | CABOT OIL & GAS CORP | 0.14% | - | 15,510 | $415K | $26.76 | No quote |
| 39 | GLNG | GOLAR LNG LTD | 0.13% | - | 17,510 | $396K | $22.62 | No quote |
| 40 | MS | Morgan Stanley | 0.10% | Reduce -10.4% | 6,505 | $313K | $48.12 | No quote |
| 41 | AB | ALLIANCEBERNSTEIN HLDG UNIT LT | 0.10% | - | 12,050 | $293K | No quote | No quote |
| 44 | TPH | TRI POINTE GROUP INC COM | 0.10% | Reduce -20.0% | 20,800 | $287K | $13.80 | No quote |
| 43 | LYB | LYONDELLBASELL INDUSTR SHS - A | 0.10% | - | 2,900 | $287K | $98.97 | No quote |
| 42 | DCH | AMERICAN AXLE & MFG COM | 0.10% | Reduce -32.6% | 16,300 | $287K | $17.61 | No quote |
| 45 | AMP | AMERIPRISE FINANCIAL INC | 0.08% | - | 1,600 | $238K | $148.75 | No quote |
| 46 | MGNX | MACROGENICS INC COM | 0.08% | Reduce -3.1% | 12,752 | $236K | No quote | No quote |
| 47 | SAVE | SPIRIT AIRLS INC COM | 0.08% | Reduce -92.1% | 7,035 | $235K | No quote | No quote |
| 48 | EGO | ELDORADO GOLD CORP NEW COM | 0.06% | - | 77,340 | $170K | $2.20 | No quote |
| 49 | AFMD | AFFIMED NV | 0.05% | Reduce -14.1% | 62,535 | $141K | No quote | No quote |
| 50 | TEVA | TEVA PHARMACEUTCL INDS ADR | 0.00% | Reduce -99.3% | 700 | $12K | $17.14 | No quote |
| 56 | TSLA | TESLA MOTORS INC | - | Sold | 0 | $0 | No quote | No quote |
| 55 | SLB | Schlumberger Ltd | - | Sold | 0 | $0 | No quote | No quote |
| 54 | GM | General Motors Co. | - | Sold | 0 | $0 | No quote | No quote |
| 53 | FLYLF | FLYHT AEROSPACE SOLUTIONS LT | - | Sold | 0 | $0 | No quote | No quote |
| 52 | DOW | Dow Chemical Co. | - | Sold | 0 | $0 | No quote | No quote |
| 51 | COO | COOPER COS INC/THE | - | 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 | - | 25,600 | $2.07M |
| 2 | SPY | SPDR TR Series 1ETF | PUT | New | 6,800 | $1.71M |
| 3 | F | Ford Motor CompanyCOM | PUT | - | 110,000 | $1.32M |
| 4 | ALLY | ALLY FINACIAL INCCOM | PUT | - | 46,800 | $1.14M |
| 5 | TSLA | TESLA MOTORS INCCOM | PUT | - | 3,000 | $1.02M |
| 6 | GGP | GENERAL GROWTH PROPERTIESCOM | PUT | - | 47,500 | $987K |
| 7 | BIIB | BIOGEN IDEC INC COMCOM | CALL | - | 3,000 | $939K |
| 8 | CNQ | CANADIAN NAT RES LTD COMCOM | PUT | - | 25,000 | $837K |
| 9 | BAC | Bank of America CorpCOM | CALL | - | 30,000 | $760K |
| 10 | NAVI | NAVIENT CORP COMCOM | PUT | - | 39,000 | $586K |
| 11 | PAA | PLAINS ALL AMERN PIPEL UNIT LTMLP | PUT | - | 26,000 | $551K |
| 12 | HCP | HCP INC COMCOM | PUT | - | 18,000 | $501K |
| 13 | WMB | Williams Cos. Inc.COM | PUT | - | 15,000 | $450K |
| 14 | S | SPRINT NEXTEL CORPCOM | PUT | - | 57,000 | $443K |
| 15 | CELG | CELGENE CORP COMCOM | CALL | - | 3,000 | $437K |
| 16 | LEN | LENNAR CORP CL ACOM | CALL | - | 8,100 | $428K |
| 17 | VIAB | VIACOM INC-CLASS BCOM | PUT | - | 14,000 | $390K |
| 18 | AKS | AK Steel Holding CorpCOM | PUT | - | 57,000 | $319K |
| 19 | GM | General Motors Co.COM | CALL | - | 6,400 | $258K |
| 20 | GLNG | GOLAR LNG LTDCOM | CALL | New | 11,000 | $249K |
| 22 | TEVA | TEVA PHARMACEUTCL INDS ADRCOM | CALL | New | 13,000 | $229K |
| 21 | JCP | PENNEY J C INC COMCOM | PUT | - | 60,000 | $229K |
| 23 | WFT | WEATHERFORD INTL PLC ORD SHSCOM | CALL | - | 44,500 | $204K |
| 24 | CSCO | Cisco Systems IncCOM | CALL | New | 6,000 | $202K |
| 25 | AVP | Avon Products, Inc.COM | PUT | - | 57,000 | $133K |
| 28 | COO | COOPER COS INC/THECOM | CALL | Sold | 0 | $0 |
| 27 | CCJ | CAMECO CORP COMCOM | CALL | Sold | 0 | $0 |
| 26 | AFL | AFLAC INC COMCOM | PUT | Sold | 0 | $0 |