Q2 2026 13F · SEC CIK 1185072

Mount Lucas Management LP

Institutional asset managerFiled 2026-08-10 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $280.7M
Reported positions: 166
Top holdings a year, 3 yrs: +15.1%
Assets under management: $1.3B

Mount Lucas Management LP is an institutional asset manager that reported 166 positions worth $280.7M in its Q2 2026 13F, filed 2026-08-10. Its largest holdings were Ishares Inc (EWZ, 6.8%), Invesco S&p 500 Pure Value (RPV, 5.7%), Invesco Qqq Tr (QQQ, 5.6%). A portfolio copying its top holdings returned 15.1% a year over the last 3 years, against 20.4% for the S&P 500.

Mount Lucas Management LP holdings largest 50 of 166 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Mount Lucas Management LP 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
EWZIshares Inc	6.8%	7.8%	550,366	+0.5%	$19.0M
RPVInvesco S&p 500 Pure Value	5.7%	11.1%	139,712	-49.9%	$15.9M
QQQInvesco Qqq Tr	5.6%	—	21,204	—	$15.6M
NBISNebius Group N.v. Shs Class A	3.0%	1.5%	30,000	-25.0%	$8.3M
SHYiShs Lehman 1-3Tsy	2.5%	1.9%	84,507	+34.7%	$6.9M
IRENIren Limited	1.6%	1.3%	100,000	+0.0%	$4.6M
BBJPJ P Morgan Exchange Traded F	1.5%	1.4%	56,363	+0.6%	$4.2M
EWAIshares Inc	1.5%	1.4%	147,259	+4.9%	$4.1M
IEIIshares	1.4%	1.9%	34,011	-21.3%	$4.0M
ADBEAdobe Inc	1.3%	3.1%	17,500	-50.0%	$3.6M
BKLNInvesco Exch Traded Fd Tr II	1.2%	1.2%	162,045	-0.5%	$3.3M
CWBSpdr Series Trust	1.2%	1.2%	30,600	-12.0%	$3.3M
PBPInvesco S&p 500 Buywrite ETF	1.1%	1.1%	138,716	+0.6%	$3.2M
EMHYIshares Inc	1.1%	1.1%	77,798	+1.4%	$3.2M
EMBIshares Tr	1.1%	1.1%	32,745	+2.2%	$3.2M
VYMVym	1.1%	1.1%	19,855	-1.8%	$3.1M
DWXState Street Spdr S&p Intern	1.1%	1.1%	67,917	+5.6%	$3.1M
REMIshares Mortgage Real Estate Capped Et	1.1%	—	137,838	—	$3.0M
CAHCardinal Health Inc	1.0%	0.9%	12,322	+2.6%	$2.9M
LLoews Corp	1.0%	1.0%	25,699	+3.0%	$2.9M
IVZInvesco Ltd Ord Shs	1.0%	0.7%	105,719	+32.7%	$2.8M
CSCOCisco Sys Inc	1.0%	0.6%	22,985	+3.8%	$2.7M
DALDelta Air Lines Inc Com New	0.9%	0.7%	27,897	+2.5%	$2.6M
PFFIshares Tr	0.9%	0.9%	85,186	+0.8%	$2.6M
MUMicron Technology Inc	0.9%	—	2,244	—	$2.6M
TAt&t Inc Com	0.9%	1.2%	120,449	+3.8%	$2.5M
IEFiShs 7-10 ys Tsy	0.8%	1.9%	24,494	-54.0%	$2.3M
JNJJohnson & Johnson	0.8%	0.8%	8,815	+3.8%	$2.2M
FALNIshares Tr	0.8%	0.8%	81,403	+2.2%	$2.2M
MNSTMonster Beverage Corp New	0.8%	0.6%	23,056	+3.2%	$2.2M
GLGlobe Life Inc	0.8%	0.6%	12,356	+2.5%	$2.2M
HYGVFlexshares Tr	0.8%	0.8%	54,798	+1.6%	$2.2M
SHYGIshares Tr	0.8%	0.8%	52,003	+1.3%	$2.2M
JNKState Street Spdr Bloomberg High Yield B	0.8%	0.8%	22,878	+1.3%	$2.2M
GHYGIshares Inc	0.8%	0.8%	48,581	+2.0%	$2.2M
BNYBank of New York Mellon Corp	0.8%	0.6%	15,100	+3.6%	$2.2M
MOHMolina Healthcare Inc	0.8%	—	9,500	—	$2.2M
VTRVentas Inc	0.8%	0.7%	24,065	+3.8%	$2.1M
UALUnited Airls Hldgs Inc	0.8%	—	15,527	—	$2.1M
HCAHCA Healthcare Inc	0.7%	0.9%	5,132	+1.8%	$2.0M
CORCencora Inc Com	0.7%	1.0%	6,977	-19.5%	$2.0M
EVCEntravision Communications C	0.7%	—	150,000	—	$2.0M
GDGeneral Dynamics Corp	0.6%	0.6%	5,078	+3.6%	$1.8M
NEMNewmont Corp	0.6%	1.0%	18,865	-28.0%	$1.8M
VZVerizon Communications Inc Com	0.6%	0.7%	40,699	+3.7%	$1.7M
TJXTjx Cos Inc New Com	0.6%	0.6%	11,365	+3.5%	$1.7M
CCLCarnival Corp Ltd	0.6%	—	58,808	—	$1.7M
VNQVanguard Real Estate ETF	0.6%	—	17,385	—	$1.7M
CBOECboe Global Mkts Inc	0.6%	0.7%	6,864	+3.5%	$1.7M
FTAIFtai Aviation Ltd	0.6%	—	6,000	—	$1.6M

What Mount Lucas Management LP bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +6.6% /yr; S&P 500 +20.1%
3 years: +15.1% /yr; S&P 500 +20.4%
5 years: +7.1% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$280.7M	166
Q1 2026	$270.8M	165
Q4 2025	$225.9M	167
Q3 2025	$221.6M	159
Q2 2025	$210.1M	156
Q1 2025	$212.6M	144
Q4 2024	$287.3M	135
Q3 2024	$293.6M	145
Q2 2024	$281.8M	154
Q1 2024	$298.6M	142
Q4 2023	$283.4M	139
Q3 2023	$262.6M	127

Questions about Mount Lucas Management LP's portfolio

What stocks does Mount Lucas Management LP own?

Mount Lucas Management LP's latest 13F, for Q2 2026 and filed Aug 10, 2026, lists 166 positions worth $280.7M. The largest are Ishares Inc (EWZ) at 6.8%, Invesco S&p 500 Pure Value (RPV) at 5.7%, Invesco Qqq Tr (QQQ) at 5.6%, Nebius Group N.v. Shs Class A (NBIS) at 3.0% and iShs Lehman 1-3Tsy (SHY) at 2.5%.

What did Mount Lucas Management LP buy last quarter?

In Q2 2026, Mount Lucas Management LP added iShs Lehman 1-3Tsy (SHY) (+34.7% shares), Invesco Ltd Ord Shs (IVZ) (+32.7% shares) and State Street Spdr S&p Intern (DWX) (+5.6% shares), compared with its Q1 2026 filing.

What did Mount Lucas Management LP sell last quarter?

In Q2 2026, Mount Lucas Management LP cut from its top 50 Intel Corp (INTC), cut from its top 50 Rocket Cos Inc (RKT), cut from its top 50 Ishares Russell 1000 Value ETF (IWD), cut from its top 50 Kinross Gold Corp (KGC), cut from its top 50 L3harris Technologies Inc (LHX), iShs 7-10 ys Tsy (IEF) (-54.0% shares), Adobe Inc (ADBE) (-50.0% shares) and Invesco S&p 500 Pure Value (RPV) (-49.9% shares), compared with its Q1 2026 filing.

How has Mount Lucas Management LP's portfolio performed?

A portfolio copying Mount Lucas Management LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +15.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +6.6% against +20.1%. Over 5 years: +7.1% a year against +11.6%.

When is Mount Lucas Management LP's next 13F filing due?

13F filings are due 45 days after each quarter ends. Mount Lucas Management LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Mount Lucas Management LP manage?

Mount Lucas Management LP reported $1.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $280.7M.