13F-HR/A 1 q402.txt AMEND FILING UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12/31/2002 Check here if Amendment [X]; Amendment Number: 1 This Amendment (Check only one.): [X] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Muhlenkamp & Company Address: 3000 Stonewood Drive, Suite 310 Wexford, PA 15090 Form 13F File Number: 28-03447 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Jack Kunkle Title: Analyst Phone: 724-935-5520, Ext: 116 /s/ Jack Kunkle July 30, 2004 Report Type (Check only one.): [x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 98 Form 13F Information Table Value Total: 728,517 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- ---- A T M I Inc. COM 00207r101 6944 374950.000SH SOLE 374950.000 Abitibi-Consol COM 003924107 2159 280000.000SH SOLE 280000.000 Amdocs Ltd. COM G02602103 1964 200000.000SH SOLE 200000.000 American Woodmark Corp COM 030506109 17875 376318.189SH SOLE 376318.189 Anadarko Petroleum Corp. COM 032511107 4671 97515.000SH SOLE 97515.000 Applied Materials COM 038222105 1646 126300.000SH SOLE 126300.000 Arkansas Best Corp COM 040790107 26807 1031807.000SH SOLE 1031807.000 BE Aerospace Inc COM 073302101 606 166422.000SH SOLE 166422.000 BankAmerica Corp COM 066050105 206 2960.000 SH SOLE 2960.000 Beazer Homes Inc. COM 07556q105 19405 320213.768SH SOLE 320213.768 Berkshire Hathaway CL A COM 084670108 364 5.000 SH SOLE 5.000 Black & Decker Corp COM 091797100 3976 92700.000SH SOLE 92700.000 Calpine Corp. COM 131347106 10299 3159171.000SH SOLE 3159171.000 Capital One Financial Corp. COM 14040h105 743 25000.000SH SOLE 25000.000 Cemex S A Ssponsor ADR New Rep COM 151290889 18657 867350.936SH SOLE 867350.936 Cendant COM 151313103 16162 1542155.000SH SOLE 1542155.000 Centex Corp COM 152312104 40162 800045.000SH SOLE 800045.000 Citigroup Inc. COM 172967101 19347 549791.029SH SOLE 549791.029 Citrix Sys Inc COM 177376100 14016 1137700.000SH SOLE 1137700.000 ConocoPhillips COM 20825C104 12537 259085.000SH SOLE 259085.000 Conseco Inc COM 208464107 53 1358374.000SH SOLE 1358374.000 Countrywide Financial Corp. COM 222372104 30518 590867.686SH SOLE 590867.686 D&K Healthcare COM 232861104 5398 527100.000SH SOLE 527100.000 DVI Inc COM 233343102 174 23000.000SH SOLE 23000.000 Delphi Automotive Systems Corp COM 247126105 2840 352850.000SH SOLE 352850.000 Denbury Res. Inc. COM 247916208 1175 104000.000SH SOLE 104000.000 Dynegy Inc. COM 26816Q101 614 520000.000SH SOLE 520000.000 El Paso Corporation COM 28336l109 7725 1109857.000SH SOLE 1109857.000 EnPro Industries Inc. COM 29355X107 520 130000.000SH SOLE 130000.000 Ethan Allen Interiors Inc COM 297602104 1547 45000.000SH SOLE 45000.000 Exelon Corp. COM 30161N101 5480 103845.000SH SOLE 103845.000 Exxon Mobil Corp. COM 30231G102 372 10635.000SH SOLE 10635.000 Fannie Mae COM 313586109 7485 116358.000SH SOLE 116358.000 Fidelity National Financial COM 316326107 40972 1248008.000SH SOLE 1248008.000 Fleming Cos. Inc. COM 339130106 460 70000.000SH SOLE 70000.000 Frontier Airlines COM 359065109 2169 320900.000SH SOLE 320900.000 Furniture Brands Intl. Inc. COM 360921100 212 8900.000 SH SOLE 8900.000 Gabelli Asset Management COM 36239Y102 3751 124860.000SH SOLE 124860.000 General Cable Corp COM 369300108 479 126000.000SH SOLE 126000.000 General Electric COM 369604103 386 15862.000SH SOLE 15862.000 GlobalSantaFe Corp COM G3930E101 432 17756.000SH SOLE 17756.000 Goodrich Co, B F COM 382388106 10314 562980.000SH SOLE 562980.000 Graco Inc. COM 384109104 7750 270521.000SH SOLE 270521.000 Houston Exploration COM 442120101 8193 267750.000SH SOLE 267750.000 Intel Corp COM 458140100 377 24244.000SH SOLE 24244.000 International Business Machine COM 459200101 11413 147261.198SH SOLE 147261.198 JLG Industries Inc. COM 466210101 1159 153961.801SH SOLE 153961.801 Knight Trading Group Inc. COM 499063105 3353 700000.000SH SOLE 700000.000 Lamson & Sessions COM 513696104 1539 478000.000SH SOLE 478000.000 Masco Corp COM 574599106 2850 135377.000SH SOLE 135377.000 Mastec Inc. COM 576323109 2389 809910.000SH SOLE 809910.000 Mellon Financial Corp. COM 58551A108 4342 166291.456SH SOLE 166291.456 Merck & Company COM 589331107 671 11845.000SH SOLE 11845.000 Meritage Corp. COM 59001A102 19719 586010.000SH SOLE 586010.000 Merrill Lynch COM 590188108 9834 259120.000SH SOLE 259120.000 Metris Companies COM 591598107 617 250000.000SH SOLE 250000.000 Mohawk Industries, Inc. COM 608190104 29531 518535.000SH SOLE 518535.000 Monaco Coach COM 60886R103 3926 237237.000SH SOLE 237237.000 Morgan Stanley COM 617446448 6762 169400.000SH SOLE 169400.000 NVR Inc. COM 62944t105 42626 130955.000SH SOLE 130955.000 Nabors Industries LTD New (Ber COM G6359F103 8860 251200.000SH SOLE 251200.000 National RV Holdings COM 637277104 1966 328786.000SH SOLE 328786.000 Nicholas Financial Inc. COM 65373J209 84 21000.000SH SOLE 21000.000 Ocean Energy Inc. COM 67481e106 11231 562410.000SH SOLE 562410.000 Omni Energy Services COM 68210T109 22 28799.000SH SOLE 28799.000 Orthodontic Centers of America COM 68750p103 10127 928260.000SH SOLE 928260.000 PNC Financial COM 693475105 7009 167269.000SH SOLE 167269.000 Patterson Energy Inc. COM 703481101 19404 643140.000SH SOLE 643140.000 Pfizer Inc COM 717081103 217 7110.000 SH SOLE 7110.000 Philip Morris Cos. COM 718154107 9256 228363.000SH SOLE 228363.000 Photon Dynamics Inc. COM 719364101 6240 273700.000SH SOLE 273700.000 Polaris Industries, Inc. COM 731068102 19497 332705.000SH SOLE 332705.000 Pulte Homes, Inc. COM 745867101 2902 60615.000SH SOLE 60615.000 R G Barry Corp COM 068798107 1324 322200.000SH SOLE 322200.000 RTI International Metals Inc. COM 74973w107 404 40000.000SH SOLE 40000.000 Readers Digest Assoc. COM 755267101 3404 225400.000SH SOLE 225400.000 Rush Enterprises CLA COM 781846209 1043 282005.000SH SOLE 282005.000 Rush Enterprises CLB COM 781846308 1029 282005.000SH SOLE 282005.000 Salton COM 795757103 1901 197563.000SH SOLE 197563.000 Sovereign Bancorp Inc. COM 845905108 1405 100000.000SH SOLE 100000.000 Stanley Furniture Inc New COM 854305208 10622 456845.000SH SOLE 456845.000 Superconductor Technologies In COM 867931107 329 350220.000SH SOLE 350220.000 Superior Industries Intl Inc COM 868168105 19045 460481.000SH SOLE 460481.000 Supervalu Inc. COM 868536103 3343 202500.000SH SOLE 202500.000 Telefonos De Mexico COM 879403780 261 8160.000 SH SOLE 8160.000 Tenet Healthcare Corp. COM 88033G100 3290 200600.000SH SOLE 200600.000 Terex Corp Del COM 880779103 1460 131050.000SH SOLE 131050.000 Texas Industries Inc. COM 882491103 5991 246529.448SH SOLE 246529.448 Thor Industries Inc. COM 885160101 4865 141300.000SH SOLE 141300.000 Toll Brothers Inc. COM 889478103 1006 49800.000SH SOLE 49800.000 Travelers Property Casualty CL COM 89420g109 291 19873.000SH SOLE 19873.000 Travelers Property Casualty CL COM 89420g406 598 40832.000SH SOLE 40832.000 Tyco International LTD COM 902124106 27087 1585917.000SH SOLE 1585917.000 Washington Mutual Inc. COM 939322103 14680 425147.000SH SOLE 425147.000 Whirlpool Corp COM 963320106 16403 314105.000SH SOLE 314105.000 Wilsons Leather COM 972463103 462 92500.000SH SOLE 92500.000 Winnebago Inds. Inc. COM 974637100 12588 320870.000SH SOLE 320870.000 Olstein Financial Alert Fund MUT 681383204 198 16004.887SH SOLE 16004.887