13F-HR 1 q0409.txt 4TH QTR 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: 12/31/09 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 February 12, 2010 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: 736744 (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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- ------ AEROPOSTALE INC COM 007865108 17396 510885.0000 SH Sole 510885.0000 AFLAC INC COM COM 001055102 25405 549305.0000 SH Sole 549305.0000 ALLEGIANT TRAVEL CO COM 01748X102 1916 40615.0000 SH Sole 40615.0000 ALLIANCE DATA SYS CORP COM COM 018581108 24042 372220.0000 SH Sole 372220.0000 ALLIANT TECHSYSTEMS COM COM 018804104 24475 277270.0000 SH Sole 277270.0000 AMEDISYS INC COM 023436108 18211 374710.0000 SH Sole 374710.0000 AT&T INC COM COM 00206R102 27791 991490.0000 SH Sole 991490.0000 Abbott Labs COM 002824100 24687 457245.0000 SH Sole 457245.0000 Bank of America Corp COM 060505104 24590 1632804.0000 SH Sole 1632804.0000 Berkshire Hathaway CL B COM 084670702 19972 6078.0000 SH Sole 6078.0000 CHESAPEAKE ENERGY CORP COM COM 165167107 23478 907195.0000 SH Sole 907195.0000 CHINA MED TECHNOLOGIES SPONSOR COM 169483104 693 49300.0000 SH Sole 49300.0000 CONSOL ENERGY INC COM COM 20854P109 23735 476615.0000 SH Sole 476615.0000 Cisco Systems Inc COM 17275R102 24962 1042695.0000 SH Sole 1042695.0000 Corning Inc. COM 219350105 18360 950824.0000 SH Sole 950824.0000 Exxon Mobil Corp. COM 30231G102 525 7705.0000 SH Sole 7705.0000 FIDELITY NATL INFO SVC COM COM 31620M106 9137 389800.0000 SH Sole 389800.0000 General Electric COM 369604103 30454 2012792.0000 SH Sole 2012792.0000 Goodyear Tire & Rubber COM 382550101 3395 240745.0000 SH Sole 240745.0000 HARRIS CORP DEL COM COM 413875105 24695 519357.0000 SH Sole 519357.0000 HEWLETT-PACKARD CO COM 428236103 23263 451625.0000 SH Sole 451625.0000 HOLOGIC INC COM 436440101 4381 302170.0000 SH Sole 302170.0000 Hartford Financial Svcs. Grp. COM 416515104 19402 834145.0000 SH Sole 834145.0000 INNOVATIVE SOLTNS&SUPP COM COM 45769N105 2479 540000.0000 SH Sole 540000.0000 INVESCO LTD SHS COM G491BT108 4698 200000.0000 SH Sole 200000.0000 Igate Capital Corp. COM 45169U105 1056 105600.0000 SH Sole 105600.0000 Intel Corp COM 458140100 8888 435710.0000 SH Sole 435710.0000 International Business Machine COM 459200101 13073 99868.0000 SH Sole 99868.0000 KINETIC CONCEPTS INC COM 49460W208 28760 763882.0000 SH Sole 763882.0000 LABORATORY CORP OF AMERICA COM 50540R409 24747 330660.0000 SH Sole 330660.0000 LENDER PROCESSING SVCS COM COM 52602E102 14208 349423.0000 SH Sole 349423.0000 MARSHALL EDWARDS INC COM COM 572322303 53 75607.0000 SH Sole 75607.0000 MASTERCARD INC CL A COM 57636Q104 2927 11435.0000 SH Sole 11435.0000 MEMC ELECTRONIC MATERIALS COM 552715104 4478 328765.0000 SH Sole 328765.0000 Microsoft Corp COM 594918104 409 13435.0000 SH Sole 13435.0000 Novogen LTD COM 67010F103 619 251710.0000 SH Sole 251710.0000 Oracle Corp COM 68389X105 28091 1145170.0000 SH Sole 1145170.0000 P C CONNECTION COM COM 69318J100 405 60000.0000 SH Sole 60000.0000 PHILIP MORRIS INTL. INC. COM 718172109 33741 700172.3650 SH Sole 700172.3650 Pfizer Inc COM 717081103 31135 1711638.0000 SH Sole 1711638.0000 RELIANCE STEEL & ALUM COM COM 759509102 7455 172500.0000 SH Sole 172500.0000 Rush Enterprises CLA COM 781846209 3576 300762.0000 SH Sole 300762.0000 Rush Enterprises CLB COM 781846308 368 35022.0000 SH Sole 35022.0000 SONIC AUTOMOTIVE INC CL A COM 83545G102 2147 206665.0000 SH Sole 206665.0000 Stanley Furniture Inc New COM 854305208 4926 485330.0000 SH Sole 485330.0000 State Street Corp COM 857477103 25245 579820.0000 SH Sole 579820.0000 Transocean LTD COM H8817H100 12487 150804.0000 SH Sole 150804.0000 UnitedHealth Group Inc. COM 91324P102 33211 1089604.0000 SH Sole 1089604.0000 WESCO INTERNATIONAL INC COM 95082P105 20933 775020.0000 SH Sole 775020.0000 Wal-Mart Stores COM 931142103 290 5420.0000 SH Sole 5420.0000 Zimmer Holdings Inc. COM 98956P102 11126 188225.0000 SH Sole 188225.0000 Muhlenkamp Fund 962096103 246 4851.2270 SH Sole 4851.2270