13F-HR 1 q0209.txt 2ND 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: 06/30/09 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 August 14, 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: 55 Form 13F Information Table Value Total: 686280 (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 5596 180000.0000 SH Sole 180000.0000 ALLIANCE DATA SYS CORP COM COM 018581108 15677 380590.0000 SH Sole 380590.0000 AMEDISYS INC COM 023436108 16026 485355.0000 SH Sole 485355.0000 Bank of America Corp COM 060505104 42813 3243394.0000 SH Sole 3243394.0000 Berkshire Hathaway CL B COM 084670207 17988 6212.0000 SH Sole 6212.0000 Boeing Corp COM 097023105 5841 137435.0000 SH Sole 137435.0000 CHESAPEAKE ENERGY CORP COM COM 165167107 22420 1130620.0000 SH Sole 1130620.0000 CHINA MED TECHNOLOGIES SPONSOR COM 169483104 7765 390000.0000 SH Sole 390000.0000 CONSOL ENERGY INC COM COM 20854P109 23444 690330.0000 SH Sole 690330.0000 Cemex S A Sponsor ADR New Rep COM 151290889 17268 1848846.2800 SH Sole 1848846.2800 Cisco Systems Inc COM 17275R102 38816 2081290.0000 SH Sole 2081290.0000 Corning Inc. COM 219350105 3832 238582.0000 SH Sole 238582.0000 Exxon Mobil Corp. COM 30231G102 520 7435.0000 SH Sole 7435.0000 FIDELITY NATL INFO SVC COM COM 31620M106 8266 414118.0000 SH Sole 414118.0000 General Electric COM 369604103 28609 2441080.0000 SH Sole 2441080.0000 Goodyear Tire & Rubber COM 382550101 9927 881625.0000 SH Sole 881625.0000 HARRIS CORP DEL COM COM 413875105 15531 547628.0000 SH Sole 547628.0000 HARRIS STRATEX NTWRKS CL A COM 41457P106 877 135413.6726 SH Sole 135413.6726 HOLOGIC INC COM 436440101 4318 302995.0000 SH Sole 302995.0000 Harley Davidson Inc. COM 412822108 173 10680.0000 SH Sole 10680.0000 Hartford Financial Svcs. Grp. COM 416515104 10171 856855.0000 SH Sole 856855.0000 Home Depot COM 437076102 997 42185.0000 SH Sole 42185.0000 INNOVATIVE SOLTNS&SUPP COM COM 45769N105 2414 540000.0000 SH Sole 540000.0000 Igate Capital Corp. COM 45169U105 1386 209310.0000 SH Sole 209310.0000 Intel Corp COM 458140100 7215 435940.0000 SH Sole 435940.0000 International Business Machine COM 459200101 43045 412230.0000 SH Sole 412230.0000 KINETIC CONCEPTS INC COM 49460W208 21297 781540.0000 SH Sole 781540.0000 LABORATORY CORP OF AMERICA COM 50540R409 21540 317740.0000 SH Sole 317740.0000 LENDER PROCESSING SVCS COM COM 52602E102 9962 358729.0000 SH Sole 358729.0000 Legg Mason Inc. COM 524901105 31578 1295230.0000 SH Sole 1295230.0000 MARSHALL EDWARDS INC COM COM 572322303 39 75607.0000 SH Sole 75607.0000 MASTERCARD INC CL A COM 57636Q104 2270 13565.0000 SH Sole 13565.0000 Microsoft Corp COM 594918104 319 13435.0000 SH Sole 13435.0000 Novogen LTD COM 67010F103 561 251710.0000 SH Sole 251710.0000 Oracle Corp COM 68389X105 39156 1828028.0000 SH Sole 1828028.0000 P C CONNECTION COM COM 69318J100 315 60000.0000 SH Sole 60000.0000 PHILIP MORRIS INTL. INC. COM 718172109 33904 777262.3650 SH Sole 777262.3650 PRINCIPAL FINANCIAL GP COM COM 74251v102 3705 196660.0000 SH Sole 196660.0000 Pfizer Inc COM 717081103 26193 1746180.0000 SH Sole 1746180.0000 RELIANCE STEEL & ALUM COM COM 759509102 14310 372745.0000 SH Sole 372745.0000 RTI International Metals Inc. COM 74973W107 6256 354025.0000 SH Sole 354025.0000 Rush Enterprises CLA COM 781846209 3494 299907.0000 SH Sole 299907.0000 Rush Enterprises CLB COM 781846308 315 31757.0000 SH Sole 31757.0000 Stanley Furniture Inc New COM 854305208 5547 514130.0000 SH Sole 514130.0000 Terex Corp Del COM 880779103 7131 590765.0000 SH Sole 590765.0000 Transocean LTD COM H8817H100 11489 154654.0000 SH Sole 154654.0000 UnitedHealth Group Inc. COM 91324P102 35784 1432496.0000 SH Sole 1432496.0000 WESCO INTERNATIONAL INC COM 95082P105 26222 1047205.0000 SH Sole 1047205.0000 Wal-Mart Stores COM 931142103 263 5420.0000 SH Sole 5420.0000 Zimmer Holdings Inc. COM 98956P102 8172 191825.0000 SH Sole 191825.0000 LOOMIS SAYLES BOND FUND-INS 543495840 23264 1979946.0440 SH Sole 1979946.0440 LOOMIS SAYLES BOND FUND-RET 543495832 754 64388.6990 SH Sole 64388.6990 Muhlenkamp Fund 962096103 203 4844.8790 SH Sole 4844.8790 VANGUARD INTM TERM INV GRADE-A 922031810 399 44024.2550 SH Sole 44024.2550 VANGUARD INTM TERM INV GRADE-I 922031885 906 100032.2510 SH Sole 100032.2510