13F-HR 1 q0211.txt 063011 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 6/30/11 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 August 12, 2011 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: 46 Form 13F Information Table Value Total: 593190 (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 6141 350934.0000 SH Sole 350934.0000 ALLEGIANT TRAVEL CO COM 01748X102 9874 199470.0000 SH Sole 199470.0000 ALLIANCE DATA SYS CORP COM COM 018581108 16126 171430.0000 SH Sole 171430.0000 AMERICAN SUPERCONDUCTR COM COM 030111108 1375 152145.0000 SH Sole 152145.0000 ASBURY AUTOMOTIVE GP COM COM 043436104 1487 80255.0000 SH Sole 80255.0000 AT&T INC COM COM 00206R102 8902 283425.0000 SH Sole 283425.0000 Abbott Labs COM 002824100 22674 430910.0000 SH Sole 430910.0000 Berkshire Hathaway CL B COM 084670702 22299 288140.0000 SH Sole 288140.0000 CHESAPEAKE ENERGY CORP COM COM 165167107 16524 556535.0000 SH Sole 556535.0000 CONSOL ENERGY INC COM COM 20854P109 14125 291350.0000 SH Sole 291350.0000 COVIDIEN PLC SHS COM G2554F113 20180 379115.0000 SH Sole 379115.0000 Capital One Financial Corp. COM 14040H105 6479 125390.0000 SH Sole 125390.0000 Cisco Systems Inc COM 17275R102 15276 978635.0000 SH Sole 978635.0000 Corning Inc. COM 219350105 15371 846869.0000 SH Sole 846869.0000 DISCOVER FINL SVCS COM COM 254709108 1317 49225.0000 SH Sole 49225.0000 DRAGONWAVE INC COM COM 26144M103 2567 424279.0000 SH Sole 424279.0000 Delta Air Lines COM 247361702 10290 1122170.0000 SH Sole 1122170.0000 DuPont COM 263534109 18993 351400.0000 SH Sole 351400.0000 FUEL SYS SOLUTIONS INC COM COM 35952W103 5738 229988.0000 SH Sole 229988.0000 Ford Motor Company COM 345370860 29854 2164875.0000 SH Sole 2164875.0000 GAMESTOP CORP NEW CL A COM 36467W109 12227 458445.0000 SH Sole 458445.0000 HELIX ENERGY SOLUTIONS GROUP COM 42330P107 11211 676965.0000 SH Sole 676965.0000 HEWLETT-PACKARD CO COM 428236103 15744 432540.0000 SH Sole 432540.0000 Hospira, Inc. COM 441060100 15051 265630.0000 SH Sole 265630.0000 INNOVATIVE SOLTNS&SUPP COM COM 45769N105 3011 550395.0000 SH Sole 550395.0000 Intel Corp COM 458140100 23278 1050430.0000 SH Sole 1050430.0000 International Business Machine COM 459200101 1176 6858.0000 SH Sole 6858.0000 KB Home COM 48666K109 1633 167000.0000 SH Sole 167000.0000 LABORATORY CORP OF AMERICA COM 50540R409 28087 290180.0000 SH Sole 290180.0000 LATTICE SEMICONDUCTOR CORP COM 518415104 4976 763155.0000 SH Sole 763155.0000 Microsoft Corp COM 594918104 22393 861260.0000 SH Sole 861260.0000 Novogen LTD COM 67010F103 230 252710.0000 SH Sole 252710.0000 Oracle Corp COM 68389X105 27095 823295.0000 SH Sole 823295.0000 PHILIP MORRIS INTL. INC. COM 718172109 32994 494142.3650 SH Sole 494142.3650 PNC Financial COM 693475105 21987 368845.0000 SH Sole 368845.0000 POWER ONE INC NEW COM COM 73930R102 3275 404380.0000 SH Sole 404380.0000 Pfizer Inc COM 717081103 16518 801845.0000 SH Sole 801845.0000 Pulte Homes, Inc. COM 745867101 2339 305320.0000 SH Sole 305320.0000 Rush Enterprises CLA COM 781846209 5707 299907.0000 SH Sole 299907.0000 Rush Enterprises CLB COM 781846308 523 32502.0000 SH Sole 32502.0000 SONIC AUTOMOTIVE INC CL A COM 83545G102 20512 1400150.0000 SH Sole 1400150.0000 Stanley Furniture Inc New COM 854305208 1312 313065.0000 SH Sole 313065.0000 State Street Corp COM 857477103 19274 427458.0000 SH Sole 427458.0000 UnitedHealth Group Inc. COM 91324P102 38921 754584.0000 SH Sole 754584.0000 VECO INSTRUMENTS INC COM 922417100 10896 225075.0000 SH Sole 225075.0000 WESTPORT INNOVATIONS COM NEW COM 960908309 7227 300895.0000 SH Sole 300895.0000