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MUHLENKAMP & CO INC

SEC Form 13F institutional filer · CIK 0001133219

13F-HR · 14 reported holdings · 2026-03-31

Reported long-US-equity value

$0.20B

Top-10 concentration

92.4%

MUHLENKAMP & CO INC — $196M AUM allocation strategy

MUHLENKAMP & CO INC files SEC Form 13F and reports $196M of long US equity value across 14 reported holdings for 2026-03-31.

Its largest sector bet is Energy 21.6%, followed by Information Technology 21.0% and Materials 20.5%.

The top 10 holdings account for 92% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

MUHLENKAMP & CO INC — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$196M

total across 14 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

92% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$LYB$SLB

+$LYB +1.34K sh · +$7.03M+$SLB +140 sh · +$4.2M

Biggest trims (shares)

$NEM$EQT$AAPL

−$NEM −53.3K sh · −$3.38M−$EQT −49.9K sh · +$1.35M−$AAPL −282 sh · −$1.21M

Added from nil (new positions)

$XOM

1 fresh holding — new conviction

Exited to nil (held last quarter, gone now)

None this quarter

Sector allocation (share of reported value)

Energy 22%Information Technology 21%Materials 21%Industrials 14%Health Care 12%Financials 10%SECTORS
  • $XLEEnergy21.6%
  • $XLKInformation Technology21.0%
  • $XLBMaterials20.5%
  • $XLIIndustrials14.5%
  • $XLVHealth Care12.0%
  • $XLFFinancials10.4%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Oil & Gas Exploration & Production 13%Gold 13%Health Care Distributors 12%Multi-Sector Holdings 9%Oil & Gas Equipment & Services 9%Technology Hardware, Storage & Peripherals 8%Construction Machinery & Heavy Transportation Equipment 8%Specialty Chemicals 8%Other holdings 20%INDUSTRIES
  • Oil & Gas Exploration & Production13.0%
  • Gold12.8%
  • Health Care Distributors12.0%
  • Multi-Sector Holdings9.4%
  • Oil & Gas Equipment & Services8.5%
  • Technology Hardware, Storage & Peripherals8.1%
  • Construction Machinery & Heavy Transportation Equipment8.1%
  • Specialty Chemicals7.7%
  • Other holdings20.4%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$EQTEQT Corporation401K$25.5M-49.9K13.0%
$NEMNewmont Corporation231K$25M-53.3K12.8%
$MCKMcKesson Corporation27.2K$23.5M-2412.0%
$BRK.BBerkshire Hathaway Inc.-Class B38.4K$18.4M-609.4%
$SLBSLB Limited322K$16.6M+1408.5%
$AAPLApple Inc62.6K$15.9M-2828.1%
$WABWestinghouse Air Brake Technologies Corporation63.2K$15.8M-1468.1%
$LYBLyondellBasell Industries NV Ordinary Shares Class A187K$15.1M+1.34K7.7%
$MCHPMicrochip Technology Incorporated203K$13.1M+06.7%
$MSFTMicrosoft Corporation32.9K$12.2M-686.2%

…and 4 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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