13F-HR/A 1 q103.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: 03/31/2003 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 August 2, 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: 91 Form 13F Information Table Value Total: 671,575 (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 6809 353550.000SH SOLE 353550.000 Abitibi-Consol COM 003924107 1946 280000.000SH SOLE 280000.000 Altria Group Inc COM 02209S103 6842 228363.000SH SOLE 228363.000 Amdocs Ltd. COM G02602103 2656 200000.000SH SOLE 200000.000 American Woodmark Corp COM 030506109 16467 373319.616SH SOLE 373319.616 Anadarko Petroleum Corp. COM 032511107 4451 97815.000SH SOLE 97815.000 Applied Materials COM 038222105 1589 126300.000SH SOLE 126300.000 Arkansas Best Corp COM 040790107 25409 999577.000SH SOLE 999577.000 BE Aerospace Inc COM 073302101 123 64922.000SH SOLE 64922.000 Beazer Homes Inc. COM 07556q105 18673 317513.768SH SOLE 317513.768 Berkshire Hathaway CL A COM 084670108 319 5.000 SH SOLE 5.000 Black & Decker Corp COM 091797100 6718 192700.000SH SOLE 192700.000 Calpine Corp. COM 131347106 10299 3120916.000SH SOLE 3120916.000 Capital One Financial Corp. COM 14040h105 15807 526720.000SH SOLE 526720.000 Cemex S A Ssponsor ADR New Rep COM 151290889 14885 853490.996SH SOLE 853490.996 Cendant COM 151313103 19500 1535435.000SH SOLE 1535435.000 Centex Corp COM 152312104 42867 788585.000SH SOLE 788585.000 Citigroup Inc. COM 172967101 18893 548429.030SH SOLE 548429.030 Citrix Sys Inc COM 177376100 13641 1036550.000SH SOLE 1036550.000 ConocoPhillips COM 20825C104 9083 169454.000SH SOLE 169454.000 Conseco Inc COM 208464107 35 1011208.000SH SOLE 1011208.000 Countrywide Financial Corp. COM 222372104 33853 588748.732SH SOLE 588748.732 Cytyc Corp Com COM 232946103 652 50000.000SH SOLE 50000.000 D&K Healthcare COM 232861104 5599 543600.000SH SOLE 543600.000 DVI Inc COM 233343102 197 23000.000SH SOLE 23000.000 Denbury Res. Inc. COM 247916208 1135 104800.000SH SOLE 104800.000 Dynegy Inc. COM 26816Q101 1357 520000.000SH SOLE 520000.000 El Paso Corporation COM 28336l109 4989 824564.000SH SOLE 824564.000 EnPro Industries Inc. COM 29355X107 517 130000.000SH SOLE 130000.000 Ethan Allen Interiors Inc COM 297602104 1324 45000.000SH SOLE 45000.000 Exelon Corp. COM 30161N101 5208 103310.000SH SOLE 103310.000 Exxon Mobil Corp. COM 30231G102 209 5975.000 SH SOLE 5975.000 Fannie Mae COM 313586109 7559 115672.000SH SOLE 115672.000 Fidelity National Financial COM 316326107 40876 1196941.000SH SOLE 1196941.000 Gabelli Asset Management COM 36239Y102 3440 124860.000SH SOLE 124860.000 General Cable Corp COM 369300108 466 126000.000SH SOLE 126000.000 General Electric COM 369604103 352 13809.000SH SOLE 13809.000 GlobalSantaFe Corp COM G3930E101 367 17756.000SH SOLE 17756.000 Goodrich Co, B F COM 382388106 7125 506750.000SH SOLE 506750.000 Graco Inc. COM 384109104 4700 167271.000SH SOLE 167271.000 Houston Exploration COM 442120101 7205 266850.000SH SOLE 266850.000 Intel Corp COM 458140100 378 23204.000SH SOLE 23204.000 International Business Machine COM 459200101 11516 146830.564SH SOLE 146830.564 JLG Industries Inc. COM 466210101 721 152761.801SH SOLE 152761.801 Knight Trading Group Inc. COM 499063105 2404 616300.000SH SOLE 616300.000 Lamson & Sessions COM 513696104 2443 478000.000SH SOLE 478000.000 Masco Corp COM 574599106 2475 132915.000SH SOLE 132915.000 Mastec Inc. COM 576323109 1760 782410.000SH SOLE 782410.000 Merck & Company COM 589331107 623 11375.000SH SOLE 11375.000 Meritage Corp. COM 59001A102 18755 559340.000SH SOLE 559340.000 Merrill Lynch COM 590188108 9088 256720.000SH SOLE 256720.000 Metris Companies COM 591598107 587 250000.000SH SOLE 250000.000 Mohawk Industries, Inc. COM 608190104 24765 516582.000SH SOLE 516582.000 Monaco Coach COM 60886R103 2263 218437.000SH SOLE 218437.000 Morgan Stanley COM 617446448 6463 168530.000SH SOLE 168530.000 NVR Inc. COM 62944t105 42911 130430.000SH SOLE 130430.000 Nabors Industries LTD New (Ber COM G6359F103 9855 247170.000SH SOLE 247170.000 National RV Holdings COM 637277104 1517 321486.000SH SOLE 321486.000 Nicholas Financial Inc. COM 65373J209 80 21000.000SH SOLE 21000.000 Ocean Energy Inc. COM 67481e106 9758 487890.000SH SOLE 487890.000 Omni Energy Services COM 68210T208 24 28799.000SH SOLE 28799.000 Orthodontic Centers of America COM 68750p103 4662 894820.000SH SOLE 894820.000 PNC Financial COM 693475105 485 11439.000SH SOLE 11439.000 Patterson Energy Inc. COM 703481101 20715 640140.000SH SOLE 640140.000 Photon Dynamics Inc. COM 719364101 4478 273700.000SH SOLE 273700.000 Polaris Industries, Inc. COM 731068102 13990 281375.000SH SOLE 281375.000 Pulte Homes, Inc. COM 745867101 3040 60615.000SH SOLE 60615.000 R G Barry Corp COM 068798107 741 322200.000SH SOLE 322200.000 RTI International Metals Inc. COM 74973W107 392 40000.000SH SOLE 40000.000 Readers Digest Assoc. COM 755267101 2301 225400.000SH SOLE 225400.000 Rush Enterprises CLA COM 781846209 1055 282005.000SH SOLE 282005.000 Rush Enterprises CLB COM 781846308 1049 282005.000SH SOLE 282005.000 Salton COM 795757103 1668 158900.000SH SOLE 158900.000 Sovereign Bancorp Inc. COM 845905108 969 70000.000SH SOLE 70000.000 Stanley Furniture Inc New COM 854305208 9607 452085.000SH SOLE 452085.000 Superconductor Technologies In COM 867931107 291 346620.000SH SOLE 346620.000 Superior Industries Intl Inc COM 868168105 16631 456510.000SH SOLE 456510.000 Supervalu Inc. COM 868536103 3247 209500.000SH SOLE 209500.000 Telefonos De Mexico COM 879403780 379 12760.000SH SOLE 12760.000 Tenet Healthcare Corp. COM 88033G100 3350 200600.000SH SOLE 200600.000 Terex Corp Del COM 880779103 1614 130550.000SH SOLE 130550.000 Texas Industries Inc. COM 882491103 4648 241725.451SH SOLE 241725.451 Thor Industries Inc. COM 885160101 3549 141800.000SH SOLE 141800.000 Toll Brothers Inc. COM 889478103 1154 59800.000SH SOLE 59800.000 Travelers Property Casualty CL COM 89420g109 280 19873.000SH SOLE 19873.000 Travelers Property Casualty CL COM 89420g406 576 40832.000SH SOLE 40832.000 Tyco International LTD COM 902124106 18956 1474020.000SH SOLE 1474020.000 Washington Mutual Inc. COM 939322103 14878 421837.000SH SOLE 421837.000 Whirlpool Corp COM 963320106 15490 315935.000SH SOLE 315935.000 Wilsons Leather COM 972463103 368 92500.000SH SOLE 92500.000 Winnebago Inds. Inc. COM 974637100 8484 311915.000SH SOLE 311915.000