Ronald Muhlenkamp Holdings Activity

Muhlenkamp & Co Portfolio 13F

Muhlenkamp & Co has disclosed a total of 26 changes to the portfolio in the latest (2026 Q1) SEC report(s): increased the number of shares of 5, bought 2 totally new, decreased the number of shares of 18 and completely sold out 1 position(s).

What stocks is Ronald Muhlenkamp buying now?

In the recent quarter Ronald Muhlenkamp has bought 7 securities out of which top 5 purchases (by % change to portfolio) are (FRDM) FREEDOM 100 EMEGING MRKT ETF (new buy), (XOM) EXXON MOBIL CORP (new buy), (LYB) LYONDELLBASELL INDU-CL A (added shares +0.72%), (CE) CELANESE CORP (added shares +0.67%) and (EQX) EQUINOX GOLD CORP (added shares +0.23%).

What does Ronald Muhlenkamp invest in?

Ronald Muhlenkamp's top 5 holdings (by % of portfolio) are (AEM) AGNICO EAGLE MINES LTD (7.41%), (EQT) EQT CORP (6.72%), (NEM) NEWMONT CORP (6.59%), (MCK) MCKESSON CORP (6.19%) and (RGLD) ROYAL GOLD INC (5.89%).

In the latest report(s) the following changes have been made to the top investments: (AEM) AGNICO EAGLE MINES LTD (reduced shares -8.38%), (EQT) EQT CORP (reduced shares -11.06%), (NEM) NEWMONT CORP (reduced shares -18.74%), (MCK) MCKESSON CORP (reduced shares -0.09%) and (RGLD) ROYAL GOLD INC (reduced shares -0.04%).

History
Ticker
Stock
%
Activity
Share
Change
% change to
Portfolio
Reported
Price*
% difference
Current Price
% of
Portfolio
2025 Q4 (26 results)
CE
CELANESE CORP
+13.53%
+24,948
+0.28%
$42.28
20.70% $51.03
2.38%
MSFT
MICROSOFT CORP
+2.03%
+658
+0.09%
$483.62
13.84% $416.67
4.29%
LYB
LYONDELLBASELL INDU-CL A
+0.95%
+1,746
+0.02%
$43.30
48.96% $64.50
2.16%
EQX
EQUINOX GOLD CORP
+0.73%
+3,765
+0.01%
$14.04
23.15% $10.79
1.96%
TMHC
TAYLOR MORRISON HOME CORP
+0.73%
+1,150
+0.02%
$58.87
21.51% $71.53
2.51%
SLB
SCHLUMBERGER LTD
+0.72%
+2,293
+0.02%
$38.38
42.97% $54.87
3.32%
MCHP
MICROCHIP TECHNOLOGY INC
+0.61%
+1,232
+0.02%
$63.72
38.64% $88.34
3.48%
ICLR
ICON PLC
+0.54%
+398
+0.02%
$182.22
17.98% $149.45
3.62%
URI
UNITED RENTALS INC
+0.53%
+83
+0.02%
$809.32
31.93% $1,067.77
3.40%
WAB
WABTEC CORP
+0.43%
+271
+0.02%
$213.45
22.00% $260.40
3.63%
BGC
BGC GROUP INC-A
+0.43%
+7,541
+0.02%
$8.93
-
4.23%
RGLD
ROYAL GOLD INC
+0.39%
+343
+0.02%
$222.29
7.30% $206.07
5.26%
RUSHA
RUSH ENTERPRISES INC-CL A
+0.39%
+1,468
+0.02%
$53.94
24.25% $67.02
5.45%
NMIH
NMI HOLDINGS INC-CLASS A
+0.31%
+1,442
+0.02%
$40.79
10.39% $36.55
5.13%
MCK
MCKESSON CORP
+0.31%
+85
+0.02%
$820.29
5.44% $775.66
6.00%
AAPL
APPLE INC
+0.27%
+168
+0.01%
$271.86
13.05% $307.34
4.59%
GLD
SPDR GOLD SHARES
+0.27%
+59
+0.01%
$396.31
0.02% $396.24
2.38%
NEM
NEWMONT CORP
+0.19%
+538
+0.01%
$99.85
0.14% $99.71
7.64%
BRK.B
BERKSHIRE HATHAWAY INC CL-B
+0.08%
+31
+0.00%
$502.65
-
5.19%
EQT
EQT CORP
+0.04%
+164
+0.00%
$53.60
0.28% $53.75
6.50%
MTZ
MASTEC INC
-0.02%
-26
-0.00%
$217.37
67.41% $363.89
6.18%
AEM
AGNICO EAGLE MINES LTD
-0.03%
-42
-0.00%
$169.53
3.46% $163.66
6.90%
AMLP
ALERIAN MLP ETF
-0.24%
-420
-0.01%
$47.02
12.23% $52.77
2.23%
JD
JDCOM INC-ADR
-100.00%
-181,412
-1.71%
$34.98
-
0.00%
RCL
ROYAL CARIBBEAN CRUISES LTD
-100.00%
-2,671
-0.23%
$323.58
13.47% $280.00
0.00%
FCF
FIRST COMMONWEALTH FINL CORP
-100.00%
-10,154
-0.05%
$17.05
12.08% $19.11
0.00%
26 of 1,867

Shares, change to shares, sold shares - split-adjusted.

Reported price - this doesn't represent the actual buy or sell price.
It is the split-adjusted price of the security as of the last day of the reported period.

Value or Price - If the security is completely sold out, we show the reported value (or price) prior to the actual period.