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Ronald Muhlenkamp13F | |
Muhlenkamp & Co Inc | |
Last update 2025-05-13 | 26 Stocks (1 new) |
Value $306.00 Mil | Turnover 2 % |
Ronald Muhlenkamp Investing Philosophy
He is a value guru who believes that over time, stock prices do reflect the values of the underlying businesses. When picking stocks, he looks for companies with solid balance sheets, and a return on equity capital (ROE) of 15% or better. Although his methods change with inflation and interest rates, he currently looks for companies with a P/E ratio lower than the companies' ROE and expected growth rates. He focuses on the long-term "Business of Investing" because he thinks that it is more profitable and more reliable. As a long-term investor, his "normal" position is to be 100% invested in corporate stocks.
Ronald Muhlenkamp's Portfolio
Ronald Muhlenkamp Current Holdings
Ticker |
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Ticker |
TRV |
JD |
GLD |
AMLP |
MSFT |
NEM |
RGLD |
AEM |
SLB |
RIG |
RUSHB |
BGC |
MTZ |
URI |
TMHC |
DOW |
BRK.B |
RUSHA |
WAB |
MCK |
Ticker | | Company | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % | Market Cap $Mil | Industry |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Ticker | | Company | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % | Market Cap $Mil | Industry |
TRV | The Travelers Companies Inc | 6,648 | 1,758.1 | New Holding | 0.580 | +0.58% | 0.000 | -2.15% | +7.87% | 58,393.6 | Insurance | |
JD | JD.com Inc | 203,832 | 8,381.6 | +110.36% | 2.740 | +1.44% | 0.010 | -18.70% | -3.64% | 46,776.7 | Retail - Cyclical | |
GLD | SPDR Gold Shares ETF | 22,328 | 6,433.7 | +1.10% | 2.100 | +0.02% | 0.010 | +7.27% | +27.66% | 102,962.7 | ||
AMLP | Alerian MLP ETF | 176,704 | 9,178.0 | +0.91% | 3.000 | +0.03% | 0.080 | -4.96% | +5.71% | 10,474.7 | ||
MSFT | Microsoft Corp | 32,241 | 12,102.8 | +0.63% | 3.960 | +0.02% | 0.000 | +28.77% | +16.98% | 3,650,642.6 | Software | |
NEM | Newmont Corp | 283,723 | 13,698.1 | +0.57% | 4.480 | +0.03% | 0.030 | +23.94% | +63.23% | 66,907.8 | Metals & Mining | |
RGLD | Royal Gold Inc | 87,460 | 14,300.6 | +0.55% | 4.680 | +0.03% | 0.130 | +9.49% | +37.12% | 11,827.2 | Metals & Mining | |
AEM | Agnico Eagle Mines Ltd | 151,252 | 16,397.2 | +0.48% | 5.360 | +0.03% | 0.030 | +10.40% | +52.43% | 59,873.6 | Metals & Mining | |
SLB | Schlumberger Ltd | 315,817 | 13,201.2 | 0% | 4.320 | 0% | 0.020 | -14.85% | -5.65% | 48,128.0 | Oil & Gas | |
RIG | Transocean Ltd | 1,024,638 | 3,248.1 | 0% | 1.060 | 0% | 0.120 | -11.87% | -25.73% | 2,459.9 | Oil & Gas | |
RUSHB | Rush Enterprises Inc | 9,501 | 537.0 | 0% | 0.180 | 0% | 0.010 | -6.04% | +3.05% | 4,316.5 | Vehicles & Parts | |
BGC | BGC Group Inc | 1,734,299 | 15,903.5 | -0.03% | 5.200 | 0% | 0.360 | +18.35% | +18.99% | 5,240.5 | Capital Markets | |
MTZ | MasTec Inc | 105,459 | 12,308.1 | -0.04% | 4.030 | 0% | 0.130 | +37.39% | +23.89% | 13,307.7 | Construction | |
URI | United Rentals Inc | 15,368 | 9,630.9 | -0.05% | 3.150 | 0% | 0.020 | +21.86% | +12.05% | 51,056.1 | Business Services | |
TMHC | Taylor Morrison Home Corp | 155,206 | 9,318.6 | -0.05% | 3.050 | 0% | 0.150 | +5.41% | +5.60% | 6,487.8 | Homebuilding & Construction | |
DOW | Dow Inc | 225,265 | 7,866.3 | -0.05% | 2.570 | 0% | 0.030 | -16.16% | -25.76% | 20,173.8 | Chemicals | |
BRK.B | Berkshire Hathaway Inc | 38,138 | 20,311.8 | -0.09% | 6.650 | 0% | 0.000 | -10.75% | +5.88% | 1,034,696.5 | Insurance | |
RUSHA | Rush Enterprises Inc | 371,481 | 19,840.8 | -0.13% | 6.490 | -0.01% | 0.480 | -1.07% | +1.48% | 4,303.0 | Vehicles & Parts | |
WAB |
Westinghouse Air Brake Technologies Corp
Westinghouse Air Brake Technologies Corp
| 62,374 | 11,311.5 | -0.18% | 3.700 | -0.01% | 0.040 | +15.12% | +13.03% | 36,577.4 | Transportation | |
MCK | McKesson Corp | 38,589 | 25,970.1 | -0.19% | 8.500 | -0.01% | 0.030 | +2.14% | +24.43% | 88,388.7 | Medical Distribution |
Total 31