MUHLENKAMP & CO INC

WEXFORD, PA · CIK 1133219 · 13F filing filed 2026-08-18

SEC-registered investment adviser since 1981 · corporation

Assets managed$435.8m
Staff6 · 1 in investment roles
Main clients (by assets)Mutual funds and ETFs 58%, High net worth individuals 35%, Individuals 4%
Websitemuhlenkamp.com
Form ADV · 2025-12-19SEC adviser record

Kindmutual funds
Others nearbyWexford, PA

$345.3m reported value -9.1% vs Q1 2026

28positions

58.0%in top 10

1 new 16 added 6 reduced 2 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	RUSH ENTERPRISES INC CL A RUSHA	RUSHA	332,332	$24.3m7.03%	7.03%	Added +427	+427 0.1%
2	NEWMONT CORP COM NEM	NEM	231,090	$21.6m6.25%	6.25%	Reduced -92	-92 -0.0%
3	AGNICO EAGLE MINES LTD COM AEM	AEM	138,521	$21.5m6.22%	6.22%	Reduced -67	-67 -0.1%
4	EQT CORP COM EQT	EQT	402,243	$21.4m6.19%	6.19%	Added +1.0k	+1,001 0.2%
5	MCKESSON CORP COM MCK	MCK	27,202	$20.6m5.95%	5.95%	Added +33	+33 0.1%
6	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	38,495	$19.3m5.58%	5.58%	Added +144	+144 0.4%
7	MICROCHIP TECHNOLOGY INC. COM MCHP	MCHP	203,139	$18.5m5.37%	5.37%	Added +154	+154 0.1%
8	APPLE INC COM AAPL	AAPL	62,125	$18.0m5.21%	5.21%	Reduced -434	-434 -0.7%
9	UNITED RENTALS INC COM URI	URI	15,673	$17.8m5.14%	5.14%	Added +70	+70 0.5%
10	ROYAL GOLD INC COM RGLD	RGLD	88,088	$17.6m5.09%	5.09%	Added +196	+196 0.2%
11	WABTEC COM WAB	WAB	63,156	$17.0m4.93%	4.93%	Added +1	+1 0.0%
12	BGC GROUP INC CL A BGC	BGC	1,447,070	$15.5m4.48%	4.48%	Added +3.1k	+3,129 0.2%
13	NMI HLDGS INC COM NMIH	NMIH	368,558	$15.1m4.39%	4.39%	Added +2.3k	+2,339 0.6%
14	SCHLUMBERGER LTD COM STK SLB	SLB	323,878	$15.1m4.36%	4.36%	Added +1.7k	+1,707 0.5%
15	MICROSOFT CORP COM MSFT	MSFT	32,776	$12.2m3.54%	3.54%	Reduced -161	-161 -0.5%
16	ICON PLC SHS ICLR	ICLR	66,337	$11.5m3.34%	3.34%	Added +332	+332 0.5%
17	TAYLOR MORRISON HOME CORP COM TMHC	TMHC	158,625	$11.4m3.30%	3.30%	Added +19	+19 0.0%
18	LYONDELLBASELL INDUSTRIES N SHS - A - LYB	LYB	187,920	$9.9m2.87%	2.87%	Added +761	+761 0.4%
19	CELANESE CORP DEL COM CE	CE	211,997	$9.8m2.82%	2.82%	Added +1.2k	+1,197 0.6%
20	SPDR GOLD TR GOLD SHS GLD	GLD	22,068	$8.1m2.35%	2.35%	Reduced -15	-15 -0.1%
21	ALPS ETF TR ALERIAN MLP AMLP	AMLP	150,615	$7.8m2.26%	2.26%	Unchanged
22	EQUINOX GOLD CORP COM EQX	EQX	522,251	$5.1m1.47%	1.47%	Added +3.0k	+3,032 0.6%
23	TRAVELERS COMPANIES INC COM TRV	TRV	6,627	$2.2m0.63%	0.63%	Unchanged
24	GE VERNOVA INC COM GEV	GEV	1,426	$1.7m0.49%	0.49%	Unchanged
25	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	24,855	$913.7k0.26%	0.26%	Unchanged
26	RUSH ENTERPRISES INC CL B RUSHB	RUSHB	9,393	$718.6k0.21%	0.21%	Reduced -61	-61 -0.7%
27	ISHARES SILVER TR ISHARES SLV	SLV	12,550	$671.0k0.19%	0.19%	New
28	EXXON MOBIL CORP COM XOM	XOM	1,640	$224.2k0.06%	0.06%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
MASTEC INC MTZ	MTZ	42,832	$13.8m42.8k shares
EA SERIES TRUST FRDM	FRDM	236,825	$12.9m236.8k shares