Muhlenkamp & Co Inc Q4 2022 vs. Q2 2023 13F Holdings Comparison

Investment firm Muhlenkamp & Co Inc has recently disclosed its Q4 2022 and Q2 2023 13F holdings, providing insights into the changes in their investment portfolio. These holdings reveal interesting shifts in their investments, reflecting their strategies and market trends.

EQT CORP (EQT):

EQT CORP, a prominent player in the energy industry, experienced minimal changes in holdings between Q4 2022 and Q2 2023. Muhlenkamp & Co Inc held steady with 445,841 shares in both quarters, indicating a consistent belief in EQT's performance. The value of these shares saw a modest increase from $15,082,000 to $18,332,000, marking a 21.5% growth.

MCKESSON CORP (MCK):

MCKESSON CORP also witnessed a relatively stable position in Muhlenkamp & Co Inc's portfolio. The firm's holdings in MCK remained consistent at 38,249 shares in Q4 2022 and 38,325 shares in Q2 2023. The value of these shares rose from $14,347,000 to $16,376,000, showcasing a 14.1% increase.

SCHLUMBERGER LTD (SLB):

In contrast to the previous holdings, Muhlenkamp & Co Inc displayed a slight decrease in its investment in SCHLUMBERGER LTD. The firm held 314,208 shares in Q4 2022, which decreased to 311,735 shares in Q2 2023. This reduction had a modest impact on the value of the shares, declining from $16,797,000 to $15,312,000, resulting in an 8.8% drop.

MASTEC INC (MTZ):

Muhlenkamp & Co Inc saw a shift in its position on MASTEC INC, a leading infrastructure construction company. While the number of shares remained relatively stable at 128,217 in Q4 2022 and 127,819 in Q2 2023, the value of these shares experienced notable growth. The value increased from $10,940,000 to $15,078,000, representing a substantial increase of 37.8%.

RUSH ENTERPRISES INC (RUSHA):

The firm's holdings in RUSH ENTERPRISES INC, a provider of solutions for the commercial vehicle industry, remained relatively steady with minor changes. The number of shares decreased slightly from 240,406 in Q4 2022 to 239,731 in Q2 2023. However, the value of these shares climbed from $12,568,000 to $14,561,000, indicating a 15.9% increase.

BROADCOM INC (AVGO):

Muhlenkamp & Co Inc exhibited confidence in BROADCOM INC, a global technology leader, as its holdings remained consistent with 16,080 shares in both Q4 2022 and Q2 2023. However, the value of these shares experienced substantial growth, jumping from $8,990,000 to $13,909,000, marking an impressive 54.7% increase.

OCCIDENTAL PETE CORP (OXY):

While the number of shares in OCCIDENTAL PETE CORP remained relatively stable between Q4 2022 and Q2 2023, Muhlenkamp & Co Inc showcased a minor reduction. The firm held 232,926 shares in Q4 2022, which decreased slightly to 232,872 shares in Q2 2023. The value of these shares also experienced a marginal decline from $14,672,000 to $13,692,000, resulting in a 6.7% decrease.

KIRBY CORP (KEX):

Muhlenkamp & Co Inc demonstrated an upward trend in their investment in KIRBY CORP, a leading provider of marine transportation and distribution services. The firm's holdings in KEX increased from 164,395 shares in Q4 2022 to 167,205 shares in Q2 2023. Consequently, the value of these shares rose significantly from $10,578,000 to $12,866,000, highlighting a substantial growth of 21.6%.

BERKSHIRE HATHAWAY INC DEL (BRK-B):

BRK-B, the multinational conglomerate headed by Warren Buffett, experienced a minor increase in Muhlenkamp & Co Inc's holdings. The firm held 37,430 shares in Q4 2022, which slightly rose to 37,646 shares in Q2 2023. The value of these shares also saw a modest growth from $11,562,000 to $12,837,000, representing an 11% increase.

UNITEDHEALTH GROUP INC (UNH):

Muhlenkamp & Co Inc demonstrated a reduced interest in UNITEDHEALTH GROUP INC, a leading healthcare company.

(Continue the article with detailed commentary on each stock, discussing any significant changes and highlighting notable trends and patterns. Provide insights and analysis on the overall performance of Muhlenkamp & Co Inc's portfolio during the mentioned quarters.)