13F-HR 1 q0309.txt QUARTER 3 2009 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 09/30/09 Check here if Amendment []; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Muhlenkamp & Company Address: 5000 Stonewood Drive, Suite 300 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: 724-934-5126 /s/ Jack Kunkle November 13, 2009 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: 52 Form 13F Information Table Value Total: 697856 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- ------ AFLAC INC COM COM 001055102 7715 180510.0000 SH Sole 180510.0000 ALLIANCE DATA SYS CORP COM COM 018581108 22626 370440.0000 SH Sole 370440.0000 AMEDISYS INC COM 023436108 16221 371780.0000 SH Sole 371780.0000 Bank of America Corp COM 060505104 53205 3144489.0000 SH Sole 3144489.0000 Berkshire Hathaway CL B COM 084670207 20194 6077.0000 SH Sole 6077.0000 CHESAPEAKE ENERGY CORP COM COM 165167107 31428 1106620.0000 SH Sole 1106620.0000 CHINA MED TECHNOLOGIES SPONSOR COM 169483104 800 49300.0000 SH Sole 49300.0000 CONSOL ENERGY INC COM COM 20854P109 30411 674145.0000 SH Sole 674145.0000 Cemex S A Sponsor ADR New Rep COM 151290889 5597 433187.0001 SH Sole 433187.0001 Cisco Systems Inc COM 17275R102 47740 2028035.0000 SH Sole 2028035.0000 Corning Inc. COM 219350105 2878 187962.0000 SH Sole 187962.0000 Exxon Mobil Corp. COM 30231G102 491 7160.0000 SH Sole 7160.0000 FIDELITY NATL INFO SVC COM COM 31620M106 10047 393859.0000 SH Sole 393859.0000 General Electric COM 369604103 39012 2375860.0000 SH Sole 2375860.0000 Goodyear Tire & Rubber COM 382550101 6749 396310.0000 SH Sole 396310.0000 HARRIS CORP DEL COM COM 413875105 19528 519353.0000 SH Sole 519353.0000 HOLOGIC INC COM 436440101 4944 302595.0000 SH Sole 302595.0000 Hartford Financial Svcs. Grp. COM 416515104 22090 833595.0000 SH Sole 833595.0000 Home Depot COM 437076102 1039 39010.0000 SH Sole 39010.0000 INNOVATIVE SOLTNS&SUPP COM COM 45769N105 2705 540000.0000 SH Sole 540000.0000 INVESCO LTD SHS COM G491BT108 4552 200000.0000 SH Sole 200000.0000 Igate Capital Corp. COM 45169U105 1159 135600.0000 SH Sole 135600.0000 Intel Corp COM 458140100 8527 435710.0000 SH Sole 435710.0000 International Business Machine COM 459200101 12053 100765.0000 SH Sole 100765.0000 KINETIC CONCEPTS INC COM 49460W208 28277 764660.0000 SH Sole 764660.0000 LABORATORY CORP OF AMERICA COM 50540R409 13742 209170.0000 SH Sole 209170.0000 LENDER PROCESSING SVCS COM COM 52602E102 13415 351451.0000 SH Sole 351451.0000 Legg Mason Inc. COM 524901105 35886 1156500.0000 SH Sole 1156500.0000 MARSHALL EDWARDS INC COM COM 572322303 73 75607.0000 SH Sole 75607.0000 MASTERCARD INC CL A COM 57636Q104 2231 11035.0000 SH Sole 11035.0000 MEMC ELECTRONIC MATERIALS COM 552715104 5451 327765.0000 SH Sole 327765.0000 Microsoft Corp COM 594918104 348 13435.0000 SH Sole 13435.0000 Novogen LTD COM 67010F103 778 251710.0000 SH Sole 251710.0000 Oracle Corp COM 68389X105 36744 1763138.0000 SH Sole 1763138.0000 P C CONNECTION COM COM 69318J100 326 60000.0000 SH Sole 60000.0000 PHILIP MORRIS INTL. INC. COM 718172109 34213 701952.3650 SH Sole 701952.3650 PRINCIPAL FINANCIAL GP COM COM 74251v102 5385 196590.0000 SH Sole 196590.0000 Pfizer Inc COM 717081103 28149 1700875.0000 SH Sole 1700875.0000 RELIANCE STEEL & ALUM COM COM 759509102 8900 209115.0000 SH Sole 209115.0000 Rush Enterprises CLA COM 781846209 3875 299907.0000 SH Sole 299907.0000 Rush Enterprises CLB COM 781846308 348 31757.0000 SH Sole 31757.0000 Stanley Furniture Inc New COM 854305208 5145 496130.0000 SH Sole 496130.0000 Transocean LTD COM H8817H100 12910 150944.0000 SH Sole 150944.0000 UnitedHealth Group Inc. COM 91324P102 27361 1092686.0000 SH Sole 1092686.0000 WESCO INTERNATIONAL INC COM 95082P105 25030 869095.0000 SH Sole 869095.0000 Wal-Mart Stores COM 931142103 266 5420.0000 SH Sole 5420.0000 Zimmer Holdings Inc. COM 98956P102 10020 187470.0000 SH Sole 187470.0000 LOOMIS SAYLES BOND FUND-INS 543495840 25274 1945665.2770 SH Sole 1945665.2770 LOOMIS SAYLES BOND FUND-RET 543495832 773 59750.8810 SH Sole 59750.8810 Muhlenkamp Fund 962096103 243 4844.8790 SH Sole 4844.8790 VANGUARD INTM TERM INV GRADE-A 922031810 111 11547.3440 SH Sole 11547.3440 VANGUARD INTM TERM INV GRADE-I 922031885 870 90465.2710 SH Sole 90465.2710