Mount Lucas Management LP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 6, 2024), Mount Lucas Management LP reported 154 stock positions worth $281.8 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 6.7% of the portfolio, followed by Hartford Insurance (HIG, 2.8%) and Loews (L, 2.5%). Compared with Q1 2024, it opened 46 new positions, sold out of 34, added to 24 and reduced 84. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +180%) and the biggest sale Invesco S&P 500 Pure Value E (RPV, shares −69%).
- Most Recent 13F
- Q2 2026
- Location
- Newtown, PA
- CIK
- 0001185072
- Portfolio Value
- $281.8M (Q2 2024)
- SEC Filing
- 0001140361-24-035864 ↗ filed Aug 6, 2024
Holdings Value
Holdings 154 stocks · $281.8M
| QQQ Invesco QQQ Trust Series 1 | 6.68% | 39,268 | $18.8M | Add +179.6% |
| HIG Hartford Insurance Group Inc. | 2.80% | 78,481 | $7.9M | Add +45.9% |
| L Loews Corp. | 2.51% | 94,603 | $7.1M | Add +43.1% |
| COST Costco Wholesale Corp. | 2.17% | 7,192 | $6.1M | Add +71.9% |
| ACGL Arch Capital Group Ltd. | 2.09% | 58,403 | $5.9M | Add +52.1% |
| RPV Invesco S&P 500 Pure Value E | 2.05% | 69,108 | $5.8M | Reduce -68.9% |
| JPM JPMorgan Chase & Co. | 2.04% | 28,406 | $5.7M | Add +80.9% |
| SYF Synchrony Financial | 2.01% | 120,197 | $5.7M | Add +105.9% |
| RSG Republic Services Inc. | 2.01% | 29,143 | $5.7M | Add +88.1% |
| DAL Delta Air Lines Inc. | 1.93% | 114,580 | $5.4M | Reduce -10.2% |
| PCAR Paccar Inc. | 1.80% | 49,293 | $5.1M | Reduce -22.1% |
| UAL United Airlines Holdings Inc. | 1.74% | 100,832 | $4.9M | Reduce -8.1% |
| NLY Annaly Capital Management Inc. | 1.72% | 254,000 | $4.8M | Add +0.4% |
| DVA Davita Inc. | 1.68% | 34,133 | $4.7M | Add +79.4% |
| AGNC AGNC Investment Corp. | 1.67% | 492,000 | $4.7M | Add +1.0% |
| EG Everest Group Ltd. | 1.66% | 12,286 | $4.7M | Add +3.4% |
| PHM Pultegroup Inc. | 1.59% | 40,830 | $4.5M | Reduce -27.8% |
| AIZ Assurant Inc. | 1.46% | 24,786 | $4.1M | Add +102.2% |
| SHY iShares 1-3 Year Treasury Bo | 1.38% | 47,767 | $3.9M | Add +19.6% |
| IEI iShares 3-7 Year Treasury Bo | 1.17% | 28,503 | $3.3M | Add +20.1% |
| EWA iShares MSCI Australia ETF | 1.14% | 131,533 | $3.2M | Reduce -5.5% |
| BBJP JPMorgan Betabuilders Japan | 1.13% | 56,215 | $3.2M | Reduce -4.5% |
| MTBA Simplify MBS ETF | 1.10% | 61,500 | $3.1M | Reduce -1.4% |
| TMUS T-Mobile US Inc. | 1.03% | 16,481 | $2.9M | New |
| CPRT Copart Inc. | 1.00% | 52,173 | $2.8M | Reduce -1.0% |
| IEF iShares 7-10 Year Treasury B | 0.95% | 28,515 | $2.7M | Add +21.0% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.95% | 10,293 | $2.7M | Reduce -0.9% |
| APH Amphenol Corp. Class A | 0.94% | 39,454 | $2.7M | New |
| URI United Rentals Inc. | 0.94% | 4,088 | $2.6M | Reduce -58.4% |
| CTAS Cintas Corp. | 0.94% | 3,772 | $2.6M | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.94% | 23,955 | $2.6M | New |
| WFC Wells Fargo & Co. | 0.93% | 44,271 | $2.6M | Reduce -1.0% |
| ROP Roper Technologies Inc. | 0.92% | 4,621 | $2.6M | Reduce -0.9% |
| BR Broadridge Financial Solutio | 0.91% | 13,074 | $2.6M | Reduce -0.6% |
| MCK McKesson Corp. | 0.91% | 4,383 | $2.6M | Reduce -7.8% |
| BRO Brown & Brown Inc. | 0.90% | 28,494 | $2.5M | New |
| V Visa Inc. Class A | 0.90% | 9,705 | $2.5M | Reduce -0.9% |
| HCA HCA Healthcare Inc. | 0.90% | 7,861 | $2.5M | Reduce -48.0% |
| CWB SS SPDR BB Conv Sec ETF | 0.89% | 34,900 | $2.5M | Reduce -4.0% |
| BKLN Invesco Senior Loan ETF | 0.89% | 118,908 | $2.5M | Reduce -4.1% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.89% | 41,680 | $2.5M | Reduce -0.9% |
| PFF iShares Preferred & Income S | 0.89% | 79,058 | $2.5M | Reduce -2.7% |
| TRGP Targa Resources Corp. | 0.85% | 18,687 | $2.4M | New |
| PBP Invesco S&P 500 Buywrite ETF | 0.85% | 108,158 | $2.4M | Reduce -3.7% |
| F Ford Motor Co. filed as FORD MTR CO DEL | 0.85% | 190,086 | $2.4M | Reduce -47.9% |
| CME Cme Group Inc. | 0.84% | 12,061 | $2.4M | Reduce -0.8% |
| CBOE Cboe Global Markets Inc. | 0.84% | 13,893 | $2.4M | Reduce -0.9% |
| EMB iShares JP Morgan Usd Emergi | 0.84% | 26,654 | $2.4M | Reduce -4.9% |
| VYM Vanguard High DVD Yield ETF | 0.83% | 19,839 | $2.4M | Reduce -7.6% |
| EMHY iShares J.P. Morgan Em High | 0.83% | 63,365 | $2.3M | Reduce -5.7% |
| DWX State Street SPDR S&P Intern | 0.83% | 67,803 | $2.3M | Reduce -5.4% |
| FANG Diamondback Energy Inc. | 0.82% | 11,587 | $2.3M | New |
| KWEB Kranesh Csi China Internet | 0.81% | 85,000 | $2.3M | Reduce -51.4% |
| GM General Motors Co. | 0.80% | 48,256 | $2.2M | Reduce -17.8% |
| REM iShares Mortgage Real Estate | 0.79% | 100,483 | $2.2M | Reduce -14.1% |
| MET Metlife Inc. | 0.78% | 31,481 | $2.2M | New |
| UHS Universal Health Services-B | 0.77% | 11,757 | $2.2M | New |
| AIG American International Group | 0.77% | 29,170 | $2.2M | New |
| LEN Lennar Corp. Class A | 0.76% | 14,317 | $2.1M | Reduce -18.4% |
| CB Chubb Ltd. | 0.75% | 8,277 | $2.1M | New |
| CE Celanese Corp. | 0.69% | 14,379 | $1.9M | Reduce -1.2% |
| CMCSA Comcast Corp. Class A | 0.67% | 48,523 | $1.9M | Reduce -0.9% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.59% | 39,677 | $1.7M | Reduce -3.5% |
| JNK SS SPDR BB High Yield Bond | 0.59% | 17,743 | $1.7M | Reduce -3.7% |
| HYGV NT HY Val-SCRD BD ETF | 0.59% | 41,399 | $1.7M | Reduce -2.9% |
| GHYG iShares Us&intl High Yield C | 0.59% | 38,054 | $1.7M | Reduce -4.2% |
| FALN iShares Fallen Angels ETF | 0.59% | 63,322 | $1.7M | Reduce -3.5% |
| CHTR Charter Communications Inc. Class A | 0.58% | 5,480 | $1.6M | Reduce -1.5% |
| PR Permian Resources Corp. Class A | 0.57% | 98,880 | $1.6M | Add +94.8% |
| QQQM Invesco Nasdaq 100 ETF | 0.55% | 7,899 | $1.6M | Add +188.3% |
| KGC Kinross Gold Corp. | 0.52% | 174,893 | $1.5M | Add +134.7% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.51% | 27,503 | $1.4M | New |
| THC Tenet Healthcare Corp. | 0.45% | 9,557 | $1.3M | Add +61.0% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.43% | 29,936 | $1.2M | Reduce -7.4% |
| VNQ Vanguard Real Estate ETF | 0.41% | 13,711 | $1.1M | Reduce -10.5% |
| FTI Technipfmc PLC | 0.39% | 42,518 | $1.1M | Add +90.5% |
| RCL Royal Caribbean Cruises Ltd. | 0.39% | 6,891 | $1.1M | Reduce -21.1% |
| CCL Carnival Corp. | 0.36% | 54,619 | $1.0M | Reduce -8.3% |
| DKNG Draftkings Inc. Class A | 0.35% | 25,673 | $980K | Add +17.3% |
| EZA iShares MSCI South Africa Et | 0.31% | 19,912 | $863K | New |
| EWT iShares MSCI Taiwan ETF | 0.30% | 15,849 | $859K | Reduce -11.8% |
| INDA iShares MSCI India ETF | 0.30% | 15,045 | $839K | Reduce -7.6% |
| NVDA Nvidia Corp. | 0.29% | 6,578 | $813K | Add +43.6% |
| TUR iShares MSCI Turkey ETF | 0.28% | 19,062 | $801K | Reduce -14.2% |
| VRT Vertiv Holdings Co. Class A | 0.28% | 9,188 | $795K | Reduce -1.9% |
| EWM iShares MSCI Malaysia ETF | 0.28% | 35,190 | $790K | Reduce -8.2% |
| EPOL iShares MSCI Poland ETF | 0.28% | 32,169 | $789K | Reduce -9.9% |
| FXI iShares China Large-Cap ETF | 0.28% | 30,028 | $780K | New |
| GREK Global X MSCI Greece ETF | 0.27% | 19,422 | $772K | Reduce -6.4% |
| EWY iShares MSCI South Korea ETF | 0.27% | 11,605 | $767K | Reduce -10.6% |
| EPU iShares MSCI Peru and Global | 0.26% | 18,559 | $747K | Reduce -21.6% |
| THLLY Thales SA - Unsp ADR | 0.26% | 22,800 | $726K | New |
| RNMBY Rheinmetall AG-Unsp ADR | 0.26% | 7,100 | $722K | New |
| EWL iShares MSCI Switzerland ETF | 0.25% | 14,674 | $707K | Reduce -7.2% |
| EWN iShares MSCI Netherlands ETF | 0.25% | 13,979 | $702K | Reduce -9.8% |
| MUB iShares National Muni Bond E | 0.25% | 6,575 | $701K | Reduce -2.0% |
| SCHP Schwab U.S. Tips ETF | 0.25% | 13,435 | $699K | Reduce -3.8% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.25% | 6,512 | $698K | Reduce -3.3% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.25% | 13,607 | $697K | Reduce -4.1% |
| FLRN SS SPDR BB Ig Float RT ETF | 0.25% | 22,572 | $696K | Reduce -4.2% |
Options reported separately and not counted above: BABA calls ($54.0M), KWEB calls ($13.5M).
Portfolio Sells Q1 2024 → Q2 2024
| RPV Invesco S&P 500 Pure Value E | Reduce -68.9% | 2.05% | −4.53 |
| CAH Cardinal Health Inc. | Reduce -92.7% | 0.15% | −2.11 |
| URI United Rentals Inc. | Reduce -58.4% | 0.94% | −1.43 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −1.02 |
| AZO AutoZone Inc. | Sold out | 0.00% | −1.00 |
| ORLY O'reilly Automotive Inc. | Sold out | 0.00% | −0.94 |
| CI The Cigna Group | Sold out | 0.00% | −0.93 |
| MGM MGM Resorts International | Reduce -85.2% | 0.16% | −0.92 |
| AAL American Airlines Group Inc. | Sold out | 0.00% | −0.86 |
| PCAR Paccar Inc. | Reduce -22.1% | 1.80% | −0.83 |
| MNST Monster Beverage Corp. | Sold out | 0.00% | −0.80 |
| HCA HCA Healthcare Inc. | Reduce -48.0% | 0.90% | −0.79 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.78 |
| F Ford Motor Co. | Reduce -47.9% | 0.85% | −0.78 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −0.76 |
| TPR Tapestry Inc. | Sold out | 0.00% | −0.76 |
| KWEB Kranesh Csi China Internet | Reduce -51.4% | 0.81% | −0.72 |
| PHM Pultegroup Inc. | Reduce -27.8% | 1.59% | −0.69 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.67 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.64 |
| MDLZ Mondelez International Inc. Class A | Reduce -84.2% | 0.11% | −0.62 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.58 |
| HUM Humana Inc. | Sold out | 0.00% | −0.54 |
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −0.53 |
| BWA Borgwarner Inc. | Sold out | 0.00% | −0.47 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.46 |
| IWD iShares Russell 1000 Value E | Reduce -68.2% | 0.17% | −0.35 |
| EWW iShares MSCI Mexico ETF | Sold out | 0.00% | −0.30 |
| EPHE iShares MSCI Philippines ETF | Sold out | 0.00% | −0.28 |
| EWZ iShares MSCI Brazil ETF | Sold out | 0.00% | −0.27 |
| LEN Lennar Corp. Class A | Reduce -18.4% | 0.76% | −0.25 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −0.25 |
| WIP State Street SPDR Ftse Inter | Sold out | 0.00% | −0.24 |
| JBL Jabil Inc. | Sold out | 0.00% | −0.22 |
| H Hyatt Hotels Corp. Class A | Sold out | 0.00% | −0.21 |
| NCLH Norwegian Cruise Line Holdin | Reduce -56.2% | 0.14% | −0.20 |
| EIDO iShares MSCI Indonesia ETF | Sold out | 0.00% | −0.20 |
| MELI MercadoLibre Inc. | Reduce -73.5% | 0.08% | −0.18 |
| CPNG Coupang Inc. | Sold out | 0.00% | −0.17 |
| WYNN WYNN Resorts Ltd. | Sold out | 0.00% | −0.15 |
| CE Celanese Corp. | Reduce -1.2% | 0.69% | −0.15 |
| LVS Las Vegas Sands Corp. | Sold out | 0.00% | −0.14 |
| ANET Arista Networks Inc. | Reduce -61.8% | 0.12% | −0.12 |
| REM iShares Mortgage Real Estate | Reduce -14.1% | 0.79% | −0.12 |
| DAL Delta Air Lines Inc. | Reduce -10.2% | 1.93% | −0.12 |
| PHIN Phinia Inc. | Sold out | 0.00% | −0.10 |
| GM General Motors Co. | Reduce -17.8% | 0.80% | −0.10 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.09 |
| SWAV Shockwave Medical Inc. | Sold out | 0.00% | −0.09 |
| SNOW Snowflake Inc. | Reduce -55.9% | 0.05% | −0.08 |
Portfolio Buys Q1 2024 → Q2 2024
| QQQ Invesco QQQ Trust Series 1 | Add +179.6% | 6.68% | +4.59 |
| SYF Synchrony Financial | Add +105.9% | 2.01% | +1.17 |
| COST Costco Wholesale Corp. | Add +71.9% | 2.17% | +1.14 |
| TMUS T-Mobile US Inc. | New | 1.03% | +1.03 |
| RSG Republic Services Inc. | Add +88.1% | 2.01% | +1.02 |
| JPM JPMorgan Chase & Co. | Add +80.9% | 2.04% | +0.98 |
| APH Amphenol Corp. Class A | New | 0.94% | +0.94 |
| HIG Hartford Insurance Group Inc. | Add +45.9% | 2.80% | +0.94 |
| CTAS Cintas Corp. | New | 0.94% | +0.94 |
| TJX TJX Companies Inc. | New | 0.94% | +0.94 |
| BRO Brown & Brown Inc. | New | 0.90% | +0.90 |
| ACGL Arch Capital Group Ltd. | Add +52.1% | 2.09% | +0.90 |
| TRGP Targa Resources Corp. | New | 0.85% | +0.85 |
| FANG Diamondback Energy Inc. | New | 0.82% | +0.82 |
| DVA Davita Inc. | Add +79.4% | 1.68% | +0.80 |
| MET Metlife Inc. | New | 0.78% | +0.78 |
| L Loews Corp. | Add +43.1% | 2.51% | +0.78 |
| UHS Universal Health Services-B | New | 0.77% | +0.77 |
| AIG American International Group | New | 0.77% | +0.77 |
| CB Chubb Ltd. | New | 0.75% | +0.75 |
| AIZ Assurant Inc. | Add +102.2% | 1.46% | +0.69 |
| WRB WR Berkley Corp. | New | 0.51% | +0.51 |
| QQQM Invesco Nasdaq 100 ETF | Add +188.3% | 0.55% | +0.38 |
| KGC Kinross Gold Corp. | Add +134.7% | 0.52% | +0.36 |
| EZA iShares MSCI South Africa Et | New | 0.31% | +0.31 |
| SHY iShares 1-3 Year Treasury Bo | Add +19.6% | 1.38% | +0.29 |
| FXI iShares China Large-Cap ETF | New | 0.28% | +0.28 |
| PR Permian Resources Corp. Class A | Add +94.8% | 0.57% | +0.27 |
| THLLY Thales SA - Unsp ADR | New | 0.26% | +0.26 |
| RNMBY Rheinmetall AG-Unsp ADR | New | 0.26% | +0.26 |
| IEI iShares 3-7 Year Treasury Bo | Add +20.1% | 1.17% | +0.25 |
| THC Tenet Healthcare Corp. | Add +61.0% | 0.45% | +0.24 |
| FTI Technipfmc PLC | Add +90.5% | 0.39% | +0.21 |
| IEF iShares 7-10 Year Treasury B | Add +21.0% | 0.95% | +0.20 |
| APP AppLovin Corp. Class A | New | 0.19% | +0.19 |
| BURL Burlington Stores Inc. | New | 0.19% | +0.19 |
| PRU Prudential Financial Inc. | New | 0.18% | +0.18 |
| RGA Reinsurance Group of America | New | 0.18% | +0.18 |
| FIX Comfort Systems USA Inc. | New | 0.18% | +0.18 |
| PGR Progressive Corp. | New | 0.18% | +0.18 |
| ALL Allstate Corp. | New | 0.18% | +0.18 |
| EME Emcor Group Inc. | New | 0.18% | +0.18 |
| KKR KKR & Co. Inc. | New | 0.17% | +0.17 |
| NVDA Nvidia Corp. | Add +43.6% | 0.29% | +0.15 |
| ADP Automatic Data Processing | New | 0.11% | +0.11 |
| MSFT Microsoft Corp. | New | 0.11% | +0.11 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.11% | +0.11 |
| DUOL Duolingo | New | 0.10% | +0.10 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +60.5% | 0.22% | +0.10 |
| SMCI Super Micro Computer Inc. | New | 0.10% | +0.10 |
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 |