ML

Mount Lucas Management LP

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$270.8M

Reporting period: 2026-03-31 · Number of holdings: 167

Mount Lucas Management LP disclosed 167 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $270.8M and a quarterly turnover rate of 59.0%.

Personality snowflake

Concentration
10.26
Portfolio Stability
59.04
Momentum/Contrarian
100
Sector conviction
47.97
Diversification
100
Sizing Uniformity
81.97

Recent moves

  • Add EWZ

    +48.1%　$9.3M

  • Add RPV

    +34.2%　$8.5M

  • Add SHY

    +161.0%　$3.2M

  • Add IEI

    +160.3%　$3.1M

  • Add IEF

    +160.0%　$3.1M

  • Trim AGNC

    -79.7%　-$2.4M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 165 holdings (of 167 total)

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1RPVInvesco S&p 500 Pure Value EETF-Large Cap & Growth11.05%+2.47%+34.21%
2EWZIshares Msci Brazil ETFETF-Other7.76%+3.06%+48.15%
3ADBEAdobe INCStock-Tech3.14%+3.14%NEW
4INTCIntel CORPStock-Tech2.04%+0.20%—
5SHYIshares 1-3 Year Treasury BoETF-Gov Bonds1.91%+1.11%+160.96%
6IEIIshares 3-7 Year Treasury BoETF-Gov Bonds1.89%+1.10%+160.30%
7IEFIshares 7-10 Year Treasury BETF-Gov Bonds1.88%+1.09%+159.97%
8RKTRocket Cos Inc-class AStock-Financials1.70%-0.80%—
9✓ Nebius Group NVStock-Other1.53%+1.53%NEW
10EWAIshares Msci Australia ETFETF-Other1.44%—-6.04%
11BBJPJpmorgan Betabuilders JapanETF-Other1.43%—-4.63%
12✓ Iren LTD FStock-Other1.27%——
13TAt&t INCStock-Comm Services1.24%+0.49%+52.86%
14BKLNInvesco Senior Loan ETFETF-Other1.23%—+14.42%
15CWBSs Spdr Bb Conv Sec ETFETF-Other1.17%—+5.87%
16PBPInvesco S&p 500 Buywrite ETFETF-Large Cap & Growth1.12%—+10.92%
17EMHYIshares J.p. Morgan Em HighETF-Other1.12%—+8.71%
18EMBIshares Jp Morgan Usd EmergiETF-Other1.11%—+9.02%
19VYMVanguard High Dvd Yield ETFETF-Other1.11%—+3.53%
20DWXState Street Spdr S&p InternETF-Other1.08%—-1.64%
21NEMNewmont CORPStock-Materials1.05%—+3.27%
22CORCencora INCStock-Healthcare1.01%—+32.57%
23LLoews CORPStock-Financials0.98%+0.62%+190.97%
24PFFIshares Preferred & Income SETF-Other0.95%—-12.36%
25CAHCardinal Health INCStock-Healthcare0.94%—+39.82%
26IWDIshares Russell 1000 Value EETF-Other0.93%—+40.66%
27HCAHca Healthcare INCStock-Healthcare0.88%+0.54%+175.26%
28KGCKinross Gold CORPStock-Materials0.82%—+45.53%
29SHYGIshares 0-5 Yr Hy CORP BondETF-Corp Bonds0.80%—+10.77%
30JNKSs Spdr Bb High Yield BondETF-High Yield0.80%—+10.50%
31HYGVFlexshares High Yield ValueETF-High Yield0.80%—+10.73%
32GHYGIshares Us&intl High Yield CETF-High Yield0.79%—+10.16%
33FALNIshares Fallen Angels ETFETF-Other0.79%—+10.03%
34JNJJohnson & JohnsonStock-Healthcare0.77%+0.77%NEW
35VZVerizon Communications INCStock-Comm Services0.73%+0.45%+129.15%
36IVZInvesco Ltd.Stock-Financials0.71%—+67.56%
37VTRVentas INCStock-Real Estate0.70%+0.70%NEW
38CBOECboe Global Markets INCStock-Financials0.69%+0.69%NEW
39DALDelta Air Lines INCStock-Industrials0.67%—+0.29%
40LHXL3harris Technologies INCStock-Industrials0.66%+0.66%NEW
41TJXTjx Companies INCStock-Consumer Disc0.65%+0.65%NEW
42BNYBank Of New York Mellon CORPStock-Financials0.64%—-22.20%
43CSCOCisco Systems INCStock-Tech0.63%—+4.03%
44GDGeneral Dynamics CORPStock-Industrials0.62%+0.62%NEW
45GLGlobe Life INCStock-Financials0.62%+0.30%+109.31%
46MNSTMonster Beverage CORPStock-Consumer Staples0.60%+0.60%NEW
47COFCapital One Financial CORPStock-Financials0.59%—+43.26%
48CMECme Group INCStock-Financials0.59%—+5.55%
49BBarrick Mining CORPStock-Materials0.59%—+60.27%
50ROLRollins INCStock-Consumer Disc0.56%+0.56%NEW
1–50 of 165

Holding changes this quarter

Mount Lucas Management LP's most significant position changes for 2026-03-31: New buy: Adobe INC (ADBE); Sold out: Invesco Qqq Trust Series 1 (QQQ); New buy: Nebius Group NV; Sold out: Fox CORP - Class A (FOXA); Sold out: Annaly Capital Management In (NLY).

Position changes disclosed by Mount Lucas Management LP for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1EWZIshares Msci Brazil ETF+3.1%+48.15%Add
2RPVInvesco S&p 500 Pure Value E+2.5%+34.21%Add
3SHYIshares 1-3 Year Treasury Bo+1.1%+160.96%Add
4IEIIshares 3-7 Year Treasury Bo+1.1%+160.30%Add
5IEFIshares 7-10 Year Treasury B+1.1%+159.97%Add
6LLoews CORP+0.6%+190.97%Add
7HCAHca Healthcare INC+0.5%+175.26%Add
8TAt&t INC+0.5%+52.86%Add
9VZVerizon Communications INC+0.5%+129.15%Add
10GLGlobe Life INC+0.3%+109.31%Add
11INTCIntel CORP+0.2%—Unchanged
12NTRSNorthern Trust CORP-0.4%-58.22%Trim
13PGRProgressive CORP-0.5%-46.30%Trim
14GMGeneral Motors Co-0.5%-48.68%Trim
15REMIshares Mortgage Real Estate-0.7%-52.84%Trim
16RKTRocket Cos Inc-class A-0.8%—Unchanged
17AGNCAgnc Investment CORP-1%-79.74%Trim
18ADBEAdobe INC—NEWNew buy
19QQQInvesco Qqq Trust Series 1—EXITSold out
20✓ Nebius Group NV—NEWNew buy
21FOXAFox CORP - Class A—EXITSold out
22NLYAnnaly Capital Management In—EXITSold out
23WELLWelltower INC—EXITSold out
24JNJJohnson & Johnson—NEWNew buy
25VTRVentas INC—NEWNew buy
26CBOECboe Global Markets INC—NEWNew buy
27LHXL3harris Technologies INC—NEWNew buy
28TJXTjx Companies INC—NEWNew buy
29WMTWalmart INC—EXITSold out
30GDGeneral Dynamics CORP—NEWNew buy
31MNSTMonster Beverage CORP—NEWNew buy
32WABWabtec CORP—EXITSold out
33WMBWilliams Cos INC—EXITSold out
34ROLRollins INC—NEWNew buy
35KMIKinder Morgan INC—EXITSold out
36PKGPackaging CORP Of America—EXITSold out
37ADPAutomatic Data Processing—EXITSold out
38DGDollar General CORP—NEWNew buy
39FFord Motor Co—NEWNew buy
40MPCMarathon Petroleum CORP—NEWNew buy
41HOODRobinhood Markets INC - A—EXITSold out
42MSIMotorola Solutions INC—EXITSold out
43ADMArcher-daniels-midland Co—NEWNew buy
44FMCCFreddie Mac—EXITSold out
45EIDOIshares Msci Indonesia ETF—EXITSold out
46INDAIshares Msci India ETF—EXITSold out
47FXIIshares China Large-cap ETF—EXITSold out
48FIXComfort Systems USA INC—EXITSold out
49PFGPrincipal Financial Group—NEWNew buy
50EWGIshares Msci Germany ETF—EXITSold out

FAQ

What is Mount Lucas Management LP and what type of investor is it?
Mount Lucas Management LP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $270.8M, spread across 167 disclosed positions.
What are Mount Lucas Management LP's largest equity positions?
Based on the latest 13F filing, Mount Lucas Management LP's top holdings by market value are: 1. Invesco S&p 500 Pure Value E (RPV) — $29.9M (11.1%) 2. Ishares Msci Brazil ETF (EWZ) — $21.0M (7.8%) 3. Adobe INC (ADBE) — $8.5M (3.1%) 4. Intel CORP (INTC) — $5.5M (2.0%) 5. Ishares 1-3 Year Treasury Bo (SHY) — $5.2M (1.9%)
What changes did Mount Lucas Management LP make in its most recent portfolio filing?
In the latest reported quarter, Mount Lucas Management LP made 48 notable position adjustments: 15 new positions were initiated, 10 existing holdings were added to, 5 positions were partially reduced, and 18 were completely exited. The largest of these moves: New buy: Adobe INC (ADBE); Sold out: Invesco Qqq Trust Series 1 (QQQ); New buy: Nebius Group NV; Sold out: Fox CORP - Class A (FOXA); Sold out: Annaly Capital Management In (NLY)
What sectors does Mount Lucas Management LP focus on?
Mount Lucas Management LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 29.1% • Information Technology: 17.5% • Health Care: 12.8% • Materials: 8.9% • Industrials: 8.5% • Consumer Discretionary: 7.8%