Ron Muhlenkamp, Muhlenkamp
Portfolio USD 345,250,000 across 28 positions as of 2026 Q2; history from 2023 Q4. Source: quarterly 13F filings via dataroma.com.
Positions, 2026 Q2
- RUSHA Rush Enterprises Inc.: 7.0% of portfolio, USD 24,255,000, add +0.13%
- NEM Newmont Corp.: 6.3% of portfolio, USD 21,584,000, reduce -0.04%
- AEM Agnico-Eagle Mines Ltd.: 6.2% of portfolio, USD 21,489,000, reduce -0.05%
- EQT EQT Corp.: 6.2% of portfolio, USD 21,387,000, add +0.25%
- MCK McKesson Corp.: 6.0% of portfolio, USD 20,554,000, add +0.12%
- BRK.B Berkshire Hathaway CL B: 5.6% of portfolio, USD 19,263,000, add +0.38%
- MCHP Microchip Technology: 5.4% of portfolio, USD 18,526,000, add +0.08%
- AAPL Apple Inc.: 5.2% of portfolio, USD 17,976,000, reduce -0.69%
- URI United Rentals: 5.1% of portfolio, USD 17,756,000, add +0.45%
- RGLD Royal Gold Inc.: 5.1% of portfolio, USD 17,583,000, add +0.22%
- WAB WABTEC Corp.: 4.9% of portfolio, USD 17,027,000, add 0%
- BGC BGC Group Inc.: 4.5% of portfolio, USD 15,469,000, add +0.22%
- NMIH NMI Holdings: 4.4% of portfolio, USD 15,144,000, add +0.64%
- SLB Schlumberger Ltd.: 4.4% of portfolio, USD 15,057,000, add +0.53%
- MSFT Microsoft Corp.: 3.5% of portfolio, USD 12,226,000, reduce -0.49%
- ICLR ICON plc: 3.3% of portfolio, USD 11,523,000, add +0.5%
- TMHC-OLD Taylor Morrison Home Corp.: 3.3% of portfolio, USD 11,380,000, add +0.01%
- LYB LyondellBasell Industries: 2.9% of portfolio, USD 9,894,000, add +0.41%
- CE Celanese Corp.: 2.8% of portfolio, USD 9,752,000, add +0.57%
- GLD SPDR Gold Trust: 2.4% of portfolio, USD 8,129,000, reduce -0.07%
- AMLP Alerian MLP ETF: 2.3% of portfolio, USD 7,809,000, hold
- EQX Equinox Gold Corp: 1.5% of portfolio, USD 5,076,000, add +0.58%
- TRV Travelers Companies Inc.: 0.6% of portfolio, USD 2,188,000, hold
- GEV Ge Vernova Inc: 0.5% of portfolio, USD 1,675,000, hold
- EPD Enterprise Products Partners LP: 0.3% of portfolio, USD 914,000, hold
- RUSHB Rush Enterprises Inc. - CL B: 0.2% of portfolio, USD 719,000, reduce -0.65%
- SLV iShares Silver Trust: 0.2% of portfolio, USD 671,000, new
- XOM ExxonMobil Holdings Corp.: 0.1% of portfolio, USD 224,000, hold
Portfolio value, all published quarters
- 2023 Q4: USD 305,796,446
- 2024 Q1: USD 344,311,730
- 2024 Q2: USD 320,465,555
- 2024 Q3: USD 326,366,966
- 2024 Q4: USD 329,369,530
- 2025 Q1: USD 305,620,648
- 2025 Q2: USD 320,485,862
- 2025 Q3: USD 368,006,366
- 2025 Q4: USD 371,858,573
- 2026 Q1: USD 379,752,139
- 2026 Q2: USD 345,250,000