Mount Lucas Management LP
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 10, 2026), Mount Lucas Management LP reported 166 stock positions worth $280.7 million. Its top holding was iShares MSCI Brazil ETF (EWZ) at 6.8% of the portfolio, followed by Invesco S&P 500 Pure Value E (RPV, 5.7%) and Invesco QQQ Trust Series 1 (QQQ, 5.6%). Compared with Q1 2026, it opened 22 new positions, sold out of 21, added to 96 and reduced 39. The biggest buy was a new position in Invesco QQQ Trust Series 1 (QQQ) and the biggest sale Invesco S&P 500 Pure Value E (RPV, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- Newtown, PA
- CIK
- 0001185072
- Portfolio Value
- $280.7M (Q2 2026)
- SEC Filing
- 0001140361-26-031910 ↗ filed Aug 10, 2026
Holdings Value
Holdings 166 stocks · $280.7M
| EWZ iShares MSCI Brazil ETF | 6.76% | 550,366 | $19.0M | Add +0.5% |
| RPV Invesco S&P 500 Pure Value E | 5.67% | 139,712 | $15.9M | Reduce -49.9% |
| QQQ Invesco QQQ Trust Series 1 | 5.56% | 21,204 | $15.6M | New |
| NBIS Nebius Group NV | 2.95% | 30,000 | $8.3M | Reduce -25.0% |
| SHY iShares 1-3 Year Treasury Bo | 2.47% | 84,507 | $6.9M | Add +34.7% |
| IREN Iren Ltd. filed as IREN LIMITED | 1.63% | 100,000 | $4.6M | No change |
| BBJP JPMorgan Betabuilders Japan | 1.51% | 56,363 | $4.2M | Add +0.6% |
| EWA iShares MSCI Australia ETF | 1.48% | 147,259 | $4.1M | Add +4.9% |
| IEI iShares 3-7 Year Treasury Bo | 1.42% | 34,011 | $4.0M | Reduce -21.3% |
| ADBE Adobe Inc. | 1.28% | 17,500 | $3.6M | Reduce -50.0% |
| BKLN Invesco Senior Loan ETF | 1.18% | 162,045 | $3.3M | Reduce -0.5% |
| CWB SS SPDR BB Conv Sec ETF | 1.18% | 30,600 | $3.3M | Reduce -12.0% |
| PBP Invesco S&P 500 Buywrite ETF | 1.13% | 138,716 | $3.2M | Add +0.6% |
| EMHY iShares J.P. Morgan Em High | 1.13% | 77,798 | $3.2M | Add +1.4% |
| EMB iShares JP Morgan Usd Emergi | 1.13% | 32,745 | $3.2M | Add +2.2% |
| VYM Vanguard High DVD Yield ETF | 1.12% | 19,855 | $3.1M | Reduce -1.8% |
| DWX State Street SPDR S&P Intern | 1.11% | 67,917 | $3.1M | Add +5.5% |
| REM iShares Mortgage Real Estate | 1.08% | 137,838 | $3.0M | Add +118.7% |
| CAH Cardinal Health Inc. | 1.04% | 12,322 | $2.9M | Add +2.6% |
| L Loews Corp. | 1.04% | 25,699 | $2.9M | Add +3.0% |
| IVZ Invesco Ltd. | 0.99% | 105,719 | $2.8M | Add +32.7% |
| CSCO Cisco Systems Inc. | 0.96% | 22,985 | $2.7M | Add +3.8% |
| DAL Delta Air Lines Inc. | 0.93% | 27,897 | $2.6M | Add +2.5% |
| PFF iShares Preferred & Income S | 0.93% | 85,186 | $2.6M | Add +0.8% |
| MU Micron Technology Inc. | 0.92% | 2,244 | $2.6M | Add +16.9% |
| T AT&T Inc. | 0.89% | 120,449 | $2.5M | Add +3.8% |
| IEF iShares 7-10 Year Treasury B | 0.83% | 24,494 | $2.3M | Reduce -54.0% |
| JNJ Johnson & Johnson | 0.80% | 8,815 | $2.2M | Add +3.8% |
| FALN iShares Fallen Angels ETF | 0.79% | 81,403 | $2.2M | Add +2.2% |
| MNST Monster Beverage Corp. | 0.79% | 23,056 | $2.2M | Add +3.2% |
| GL Globe Life Inc. | 0.79% | 12,356 | $2.2M | Add +2.5% |
| HYGV NT HY Val-SCRD BD ETF | 0.79% | 54,798 | $2.2M | Add +1.6% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.79% | 52,003 | $2.2M | Add +1.3% |
| JNK SS SPDR BB High Yield Bond | 0.79% | 22,878 | $2.2M | Add +1.4% |
| GHYG iShares Us&intl High Yield C | 0.78% | 48,581 | $2.2M | Add +2.0% |
| BNY Bank of New York Mellon Corp. | 0.78% | 15,100 | $2.2M | Add +3.6% |
| MOH Molina Healthcare Inc. | 0.77% | 9,500 | $2.2M | No change |
| VTR Ventas Inc. | 0.76% | 24,065 | $2.1M | Add +3.8% |
| UAL United Airlines Holdings Inc. | 0.75% | 15,527 | $2.1M | Reduce -5.0% |
| HCA HCA Healthcare Inc. | 0.71% | 5,132 | $2.0M | Add +1.8% |
| COR Cencora Inc. | 0.70% | 6,977 | $2.0M | Reduce -19.5% |
| EVC Entravision Communications-A | 0.70% | 150,000 | $2.0M | Reduce -14.6% |
| GD General Dynamics Corp. | 0.64% | 5,078 | $1.8M | Add +3.6% |
| NEM Newmont Corp. | 0.63% | 18,865 | $1.8M | Reduce -28.0% |
| VZ Verizon Communications Inc. | 0.61% | 40,699 | $1.7M | Add +3.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.61% | 11,365 | $1.7M | Add +3.5% |
| CCL Carnival Corp. Ltd. | 0.60% | 58,808 | $1.7M | Add +2.9% |
| VNQ Vanguard Real Estate ETF | 0.60% | 17,385 | $1.7M | Add +132.5% |
| CBOE Cboe Global Markets Inc. | 0.59% | 6,864 | $1.7M | Add +3.5% |
| FTAI Ftai Aviation Ltd. | 0.58% | 6,000 | $1.6M | No change |
| LHX L3HARRIS Technologies Inc. | 0.55% | 5,342 | $1.6M | Add +3.6% |
| F Ford Motor Co. filed as FORD MTR CO | 0.54% | 109,539 | $1.5M | Add +2.5% |
| TD Toronto-Dominion Bank | 0.54% | 12,438 | $1.5M | Add +87.3% |
| IWD iShares Russell 1000 Value E | 0.50% | 5,771 | $1.4M | Reduce -51.2% |
| NDAQ Nasdaq Inc. | 0.49% | 17,514 | $1.4M | Add +3.6% |
| QQQM Invesco Nasdaq 100 ETF | 0.49% | 4,518 | $1.4M | New |
| STLN Starling Oncology Inc. filed as THE ONCOLOGY INSTITUTE INC | 0.48% | 250,000 | $1.4M | No change |
| VRSN Verisign Inc. | 0.48% | 5,374 | $1.4M | Add +3.5% |
| MPC Marathon Petroleum Corp. | 0.47% | 5,164 | $1.3M | Add +2.6% |
| RSG Republic Services Inc. | 0.46% | 6,059 | $1.3M | Add +3.5% |
| AMD Advanced Micro Devices | 0.45% | 2,194 | $1.3M | Add +43.0% |
| CME Cme Group Inc. | 0.44% | 5,639 | $1.2M | Add +4.0% |
| DG Dollar General Corp. | 0.44% | 10,722 | $1.2M | Add +1.8% |
| ROL Rollins Inc. | 0.44% | 29,563 | $1.2M | Add +3.6% |
| COF Capital One Financial Corp. | 0.44% | 6,135 | $1.2M | Reduce -30.3% |
| ASR Grupo Aeroportuario Sur-ADR | 0.44% | 4,000 | $1.2M | New |
| EVR Evercore Inc. Class A | 0.43% | 3,573 | $1.2M | Add +107.4% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.43% | 90,000 | $1.2M | Add +91.1% |
| PAAS Pan American Silver Corp. | 0.42% | 26,143 | $1.2M | Add +340.8% |
| GM General Motors Co. | 0.41% | 14,991 | $1.2M | Add +2.5% |
| CDE Coeur Mining Inc. | 0.41% | 70,760 | $1.2M | Add +121.0% |
| CVS CVS Health Corp. | 0.41% | 11,146 | $1.2M | Add +3.1% |
| DDI Doubledown Interactive -ADR | 0.41% | 100,000 | $1.1M | New |
| ADM Archer-Daniels-Midland Co. | 0.40% | 14,753 | $1.1M | Add +2.9% |
| EWT iShares MSCI Taiwan ETF | 0.40% | 10,354 | $1.1M | Reduce -25.8% |
| B Barrick Mining Corp. | 0.39% | 29,840 | $1.1M | Reduce -23.7% |
| TUR iShares MSCI Turkey ETF | 0.39% | 28,147 | $1.1M | Add +8.3% |
| PFG Principal Financial Group | 0.39% | 10,153 | $1.1M | Add +3.2% |
| GREK Global X MSCI Greece ETF | 0.39% | 14,401 | $1.1M | Add +6.5% |
| KGC Kinross Gold Corp. | 0.38% | 45,257 | $1.1M | Reduce -37.7% |
| THD iShares MSCI Thailand ETF | 0.38% | 14,773 | $1.1M | Add +5.0% |
| STX Seagate Technology Holdings | 0.38% | 1,104 | $1.1M | Reduce -0.1% |
| TRV The Travelers Cos Inc. | 0.38% | 3,218 | $1.1M | Add +2.6% |
| EPU iShares MSCI Peru and Global | 0.37% | 12,581 | $1.1M | Add +11.8% |
| EWY iShares MSCI South Korea ETF | 0.37% | 5,171 | $1.0M | Reduce -25.9% |
| ICE Intercontinental Exchange Inc. | 0.37% | 8,451 | $1.0M | Add +3.6% |
| USB US Bancorp | 0.37% | 17,190 | $1.0M | Add +3.1% |
| ABT Abbott Laboratories | 0.37% | 11,429 | $1.0M | Add +3.8% |
| EWW iShares MSCI Mexico ETF | 0.37% | 13,736 | $1.0M | Add +5.3% |
| EWM iShares MSCI Malaysia ETF | 0.36% | 37,899 | $1.0M | Add +4.9% |
| EPOL iShares MSCI Poland ETF | 0.36% | 26,436 | $1.0M | Reduce -4.5% |
| ECH iShares MSCI Chile ETF | 0.36% | 25,687 | $1.0M | Add +5.8% |
| ALL Allstate Corp. | 0.36% | 4,283 | $1.0M | Add +2.6% |
| RF Regions Financial Corp. | 0.36% | 33,568 | $1.0M | Add +3.2% |
| EWN iShares MSCI Netherlands ETF | 0.36% | 14,226 | $1.0M | Reduce -4.8% |
| EWO iShares MSCI Austria ETF | 0.35% | 23,360 | $989K | Reduce -5.7% |
| EWP iShares MSCI Spain ETF | 0.35% | 16,554 | $983K | Add +0.9% |
| CRDO Credo Technology Group Holdi | 0.35% | 3,576 | $972K | Add +61.2% |
| EWI iShares MSCI Italy ETF | 0.34% | 16,198 | $960K | Reduce -1.1% |
| WW WW International Inc.-New filed as WW INTL INC | 0.34% | 60,000 | $959K | No change |
Portfolio Sells Q1 2026 → Q2 2026
| RPV Invesco S&P 500 Pure Value E | Reduce -49.9% | 5.67% | −5.39 |
| INTC Intel Corp. | Sold out | 0.00% | −2.04 |
| ADBE Adobe Inc. | Reduce -50.0% | 1.28% | −1.86 |
| RKT Rocket Cos Inc. Class A | Reduce -89.8% | 0.19% | −1.51 |
| IEF iShares 7-10 Year Treasury B | Reduce -54.0% | 0.83% | −1.05 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -21.3% | 1.42% | −0.47 |
| KGC Kinross Gold Corp. | Reduce -37.7% | 0.38% | −0.44 |
| IWD iShares Russell 1000 Value E | Reduce -51.2% | 0.50% | −0.43 |
| NEM Newmont Corp. | Reduce -28.0% | 0.63% | −0.42 |
| FTI Technipfmc PLC | Sold out | 0.00% | −0.40 |
| AEM Agnico Eagle Mines Ltd. | Reduce -72.3% | 0.09% | −0.36 |
| COR Cencora Inc. | Reduce -19.5% | 0.70% | −0.30 |
| VNQI Vanguard GLBL Ex-US Real Est | Sold out | 0.00% | −0.28 |
| IBKR Interactive Brokers Gro Class A | Sold out | 0.00% | −0.26 |
| NTRS Northern Trust Corp. | Sold out | 0.00% | −0.26 |
| USFD US Foods Holding Corp. | Sold out | 0.00% | −0.24 |
| CVNA Carvana Co. | Sold out | 0.00% | −0.22 |
| EXEL Exelixis Inc. | Sold out | 0.00% | −0.21 |
| B Barrick Mining Corp. | Reduce -23.7% | 0.39% | −0.20 |
| PFGC Performance Food Group Co. | Sold out | 0.00% | −0.20 |
| HLI Houlihan Lokey Inc. | Sold out | 0.00% | −0.17 |
| COF Capital One Financial Corp. | Reduce -30.3% | 0.44% | −0.15 |
| LAD Lithia Motors Inc. | Sold out | 0.00% | −0.15 |
| EQH Equitable Holdings Inc. | Sold out | 0.00% | −0.14 |
| MET Metlife Inc. | Reduce -42.2% | 0.28% | −0.14 |
| PGR Progressive Corp. | Reduce -41.8% | 0.23% | −0.14 |
| PLTR Palantir Technologies Inc. Class A | Reduce -51.9% | 0.07% | −0.13 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.12 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −0.12 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.11 |
| SFM Sprouts Farmers Market Inc. | Sold out | 0.00% | −0.10 |
| CMTL Comtech Telecommunications | Reduce -9.4% | 0.11% | −0.09 |
| IOT Samsara Inc. Class A | Sold out | 0.00% | −0.08 |
| TKNO Alpha Teknova Inc. | Sold out | 0.00% | −0.07 |
| EZA iShares MSCI South Africa Et | Reduce -13.4% | 0.25% | −0.07 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.06 |
| BKLN Invesco Senior Loan ETF | Reduce -0.5% | 1.18% | −0.05 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.05 |
| INSM Insmed Inc. | Reduce -0.1% | 0.07% | −0.04 |
| CELH Celsius Holdings Inc. | Reduce -0.1% | 0.13% | −0.03 |
| QXO Qxo Inc. | Reduce -0.1% | 0.16% | −0.03 |
| DUOL Duolingo | Sold out | 0.00% | −0.02 |
| BLND Blend Labs Inc. Class A | Reduce -21.9% | 0.06% | −0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -1.7% | 0.26% | −0.02 |
| EPOL iShares MSCI Poland ETF | Reduce -4.5% | 0.36% | −0.01 |
| AVAV Aerovironment Inc. | Reduce -0.2% | 0.05% | −0.01 |
| NXT Nextpower Inc. | Reduce -0.1% | 0.15% | −0.01 |
| JLL Jones Lang Lasalle Inc. | Reduce -0.2% | 0.20% | −0.00 |
| MDGL Madrigal Pharmaceuticals Inc. | Reduce -0.2% | 0.22% | −0.00 |
| CWB SS SPDR BB Conv Sec ETF | Reduce -12.0% | 1.18% | +0.00 |
Portfolio Buys Q1 2026 → Q2 2026
| QQQ Invesco QQQ Trust Series 1 | New | 5.56% | +5.56 |
| MU Micron Technology Inc. | Add +16.9% | 0.92% | +0.68 |
| REM iShares Mortgage Real Estate | Add +118.7% | 1.08% | +0.58 |
| SHY iShares 1-3 Year Treasury Bo | Add +34.7% | 2.47% | +0.56 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.49% | +0.49 |
| ASR Grupo Aeroportuario Sur-ADR | New | 0.44% | +0.44 |
| DDI Doubledown Interactive -ADR | New | 0.41% | +0.41 |
| VNQ Vanguard Real Estate ETF | Add +132.5% | 0.60% | +0.35 |
| AMD Advanced Micro Devices | Add +43.0% | 0.45% | +0.34 |
| CSCO Cisco Systems Inc. | Add +3.8% | 0.96% | +0.33 |
| IAG Iamgold Corp. | New | 0.33% | +0.33 |
| AUNA Auna SA Class A | New | 0.32% | +0.32 |
| TD Toronto-Dominion Bank | Add +87.3% | 0.54% | +0.31 |
| PAAS Pan American Silver Corp. | Add +340.8% | 0.42% | +0.30 |
| AAL American Airlines Group Inc. | New | 0.28% | +0.28 |
| IVZ Invesco Ltd. | Add +32.7% | 0.99% | +0.28 |
| CRDO Credo Technology Group Holdi | Add +61.2% | 0.35% | +0.27 |
| LUV Southwest Airlines Co. | New | 0.27% | +0.27 |
| HUM Humana Inc. | New | 0.27% | +0.27 |
| EWQ iShares MSCI France ETF | Add +349.7% | 0.34% | +0.26 |
| DAL Delta Air Lines Inc. | Add +2.5% | 0.93% | +0.26 |
| CNC Centene Corp. | New | 0.26% | +0.26 |
| SANM Sanmina Corp. | New | 0.25% | +0.25 |
| DELL Dell Technologies -C | New | 0.25% | +0.25 |
| EVR Evercore Inc. Class A | Add +107.4% | 0.43% | +0.24 |
| HL Hecla Mining Co. | New | 0.23% | +0.23 |
| FIVE Five Below | New | 0.23% | +0.23 |
| HPE Hewlett Packard Enterprise | New | 0.23% | +0.23 |
| AG First Majestic Silver Corp. | New | 0.22% | +0.22 |
| MNST Monster Beverage Corp. | Add +3.2% | 0.79% | +0.19 |
| CDE Coeur Mining Inc. | Add +121.0% | 0.41% | +0.19 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +91.1% | 0.43% | +0.18 |
| GL Globe Life Inc. | Add +2.5% | 0.79% | +0.17 |
| ALAB Astera Labs Inc. | New | 0.16% | +0.16 |
| TER Teradyne Inc. | New | 0.14% | +0.14 |
| EWG iShares MSCI Germany ETF | New | 0.14% | +0.14 |
| BNY Bank of New York Mellon Corp. | Add +3.6% | 0.78% | +0.14 |
| SITM Sitime Corp. | New | 0.13% | +0.13 |
| CVS CVS Health Corp. | Add +3.1% | 0.41% | +0.12 |
| IMSR Terrestrial Energy Inc. | Add +80.6% | 0.23% | +0.12 |
| AAOI Applied Optoelectronics Inc. | New | 0.11% | +0.11 |
| EQX Equinox Gold Corp. | New | 0.11% | +0.11 |
| CAH Cardinal Health Inc. | Add +2.6% | 1.04% | +0.11 |
| F Ford Motor Co. | Add +2.5% | 0.54% | +0.09 |
| BBJP JPMorgan Betabuilders Japan | Add +0.6% | 1.51% | +0.09 |
| GREK Global X MSCI Greece ETF | Add +6.5% | 0.39% | +0.07 |
| PFG Principal Financial Group | Add +3.2% | 0.39% | +0.06 |
| VTR Ventas Inc. | Add +3.8% | 0.76% | +0.06 |
| L Loews Corp. | Add +3.0% | 1.04% | +0.05 |
| CCL Carnival Corp. Ltd. | Add +2.9% | 0.60% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 166 | $280.7M | EWZ, RPV, QQQ, NBIS, SHY |
| Q1 2026 | 165 | $270.8M | RPV, EWZ, ADBE, INTC, SHY |
| Q4 2025 | 167 | $225.9M | RPV, QQQ, EWA, BBJP, FOXA |
| Q3 2025 | 159 | $221.6M | QQQ, AGNC, NLY, BBJP, EWA |
| Q2 2025 | 156 | $210.1M | QQQ, NLY, AGNC, IEF, IEI |
| Q1 2025 | 144 | $212.6M | QQQ, IEI, SHY, IEF, NLY |
| Q4 2024 | 135 | $287.3M | KWEB, RPV, ASHR, SHY, JD |
| Q3 2024 | 145 | $293.6M | KWEB, QQQ, BABA, JD, AGNC |
| Q2 2024 | 154 | $281.8M | QQQ, HIG, L, COST, ACGL |
| Q1 2024 | 142 | $298.6M | RPV, PCAR, URI, PHM, CAH |