13F-HR/A 1 q203.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: 06/30/2003 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: 80 Form 13F Information Table Value Total: 823,132 (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 8580 343900.000SH SOLE 343900.000 Abitibi-Consol COM 003924107 1795 280000.000SH SOLE 280000.000 Altria Group Inc COM 02209S103 23869 525280.000SH SOLE 525280.000 Amdocs Ltd. COM G02602103 2400 100000.000SH SOLE 100000.000 American Woodmark Corp COM 030506109 12203 262100.000SH SOLE 262100.000 Anadarko Petroleum Corp. COM 032511107 8694 195500.000SH SOLE 195500.000 Arkansas Best Corp COM 040790107 17517 736300.000SH SOLE 736300.000 Beazer Homes Inc. COM 07556q105 18896 226300.000SH SOLE 226300.000 Black & Decker Corp COM 091797100 17645 406100.000SH SOLE 406100.000 Calpine Corp. COM 131347106 18634 2823300.000SH SOLE 2823300.000 Capital One Financial Corp. COM 14040h105 29016 590000.000SH SOLE 590000.000 Cemex S A Ssponsor ADR New Rep COM 151290889 15244 683897.000SH SOLE 683897.000 Cendant COM 151313103 22167 1210000.000SH SOLE 1210000.000 Centex Corp COM 152312104 52897 680000.000SH SOLE 680000.000 Citigroup Inc. COM 172967101 25680 600000.000SH SOLE 600000.000 Citrix Sys Inc COM 177376100 8144 400000.000SH SOLE 400000.000 ConocoPhillips COM 20825C104 5480 100000.000SH SOLE 100000.000 Countrywide Financial Corp. COM 222372104 34785 500000.000SH SOLE 500000.000 Cytyc Corp Com COM 232946103 1055 100000.000SH SOLE 100000.000 D&K Healthcare COM 232861104 7085 439000.000SH SOLE 439000.000 DEVON ENERGY CORP NEW COM COM 25179M103 19523 365600.000SH SOLE 365600.000 Denbury Res. Inc. COM 247916208 2740 204000.000SH SOLE 204000.000 Dynamic Oil & Gas Inc. COM 267906105 362 94900.000SH SOLE 94900.000 Dynegy Inc. COM 26816Q101 2184 520000.000SH SOLE 520000.000 El Paso Corporation COM 28336l109 6395 791450.000SH SOLE 791450.000 EnPro Industries Inc. COM 29355X107 1390 130000.000SH SOLE 130000.000 Exelon Corp. COM 30161N101 5981 100000.000SH SOLE 100000.000 Fannie Mae COM 313586109 26598 394400.000SH SOLE 394400.000 Fidelity National Financial COM 316326107 36633 1190940.000SH SOLE 1190940.000 Gabelli Asset Management COM 36239Y102 4390 121600.000SH SOLE 121600.000 General Cable Corp COM 369300108 680 126000.000SH SOLE 126000.000 Goodrich Corp. COM 382388106 10500 500000.000SH SOLE 500000.000 Graco Inc. COM 384109104 4410 137805.000SH SOLE 137805.000 Houston Exploration COM 442120101 9237 266200.000SH SOLE 266200.000 Intel Corp COM 458140100 333 16000.000SH SOLE 16000.000 International Business Machine COM 459200101 11550 140000.000SH SOLE 140000.000 JLG Industries Inc. COM 466210101 803 118100.000SH SOLE 118100.000 LEAR CORP COM COM 521865105 4602 100000.000SH SOLE 100000.000 Lamson & Sessions COM 513696104 2304 478000.000SH SOLE 478000.000 Masco Corp COM 574599106 2385 100000.000SH SOLE 100000.000 Mastec Inc. COM 576323109 3535 613700.000SH SOLE 613700.000 Meritage Corp. COM 59001A102 24216 491600.000SH SOLE 491600.000 Merrill Lynch COM 590188108 9523 204000.000SH SOLE 204000.000 Metris Companies COM 591598107 1387 250000.000SH SOLE 250000.000 Mohawk Industries, Inc. COM 608190104 24470 440663.000SH SOLE 440663.000 Monaco Coach COM 60886R103 2644 172500.000SH SOLE 172500.000 Morgan Stanley COM 617446448 6113 143000.000SH SOLE 143000.000 NVR Inc. COM 62944t105 51375 125000.000SH SOLE 125000.000 Nabors Industries LTD New (Ber COM G6359F103 15424 390000.000SH SOLE 390000.000 National RV Holdings COM 637277104 952 183750.000SH SOLE 183750.000 Nicholas Financial Inc. COM 65373J209 107 21000.000SH SOLE 21000.000 Novogen LTD COM 67010F103 1402 80000.000SH SOLE 80000.000 Omni Energy Services COM 68210T208 47 28533.000SH SOLE 28533.000 Orthodontic Centers of America COM 68750p103 5756 718600.000SH SOLE 718600.000 PPL CORP COM COM 69351T106 12900 300000.000SH SOLE 300000.000 Patterson Energy Inc. COM 703481101 21040 650000.000SH SOLE 650000.000 Photon Dynamics Inc. COM 719364101 7595 273700.000SH SOLE 273700.000 Polaris Industries, Inc. COM 731068102 15939 259600.000SH SOLE 259600.000 Pulte Homes, Inc. COM 745867101 3707 60115.000SH SOLE 60115.000 R G Barry Corp COM 068798107 1453 322200.000SH SOLE 322200.000 Readers Digest Assoc. COM 755267101 2966 220000.000SH SOLE 220000.000 Rush Enterprises CLA COM 781846209 1283 282005.000SH SOLE 282005.000 Rush Enterprises CLB COM 781846308 1358 282005.000SH SOLE 282005.000 Salton COM 795757103 759 84200.000SH SOLE 84200.000 Stanley Furniture Inc New COM 854305208 8522 310900.000SH SOLE 310900.000 Superconductor Technologies In COM 867931107 773 346620.000SH SOLE 346620.000 Superior Industries Intl Inc COM 868168105 14102 338180.000SH SOLE 338180.000 Supervalu Inc. COM 868536103 3411 160000.000SH SOLE 160000.000 Tenet Healthcare Corp. COM 88033G100 2330 200000.000SH SOLE 200000.000 Terex Corp Del COM 880779103 2469 126500.000SH SOLE 126500.000 Texas Industries Inc. COM 882491103 4805 201900.000SH SOLE 201900.000 Thor Industries Inc. COM 885160101 11532 282500.000SH SOLE 282500.000 Toll Brothers Inc. COM 889478103 1693 59800.000SH SOLE 59800.000 Travelers Property Casualty CL COM 89420g109 316 19873.000SH SOLE 19873.000 Travelers Property Casualty CL COM 89420g406 644 40832.000SH SOLE 40832.000 Tyco International LTD COM 902124106 25350 1335600.000SH SOLE 1335600.000 Washington Mutual Inc. COM 939322103 14938 361687.000SH SOLE 361687.000 Whirlpool Corp COM 963320106 17052 267700.000SH SOLE 267700.000 Wilsons Leather COM 972463103 659 92500.000SH SOLE 92500.000 Winnebago Inds. Inc. COM 974637100 13799 364100.000SH SOLE 364100.000