SEC 13F Intelligence

Managers / Q1 2026

Mount Lucas Management LP

CIK 0001185072 · 405 SOUTH STATE STREET, NEWTOWN, PA, 18940 · 267-759-3500

Reported Value
$271M
Q1 2026
Positions
167
Filings on Record
31
2019–present window
Filed
May 5, 2026
original filing

Summary

Mount Lucas Management LP reported $271M in U.S.-listed holdings across 167 positions for Q1 2026.

Its largest position, Invesco S P 500 Pure Value E, represents 11.1% of the portfolio.

Compared with Q4 2025, the fund opened 37 new positions and exited 41.

Portfolio Metrics

Turnover
+25.5%
vs prior filed quarter
Top-10 Concentration
+33.5%
share of reported value
Largest Position
+11.1%
Invesco S P 500 Pure Value E
New / Exited
37 / 41
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $788MQ4 ’18Q1 ’19: $604MQ2 ’19: $591MQ3 ’19: $558MQ4 ’19: $502MQ4 ’19Q1 ’20: $486MQ2 ’20: $505MQ3 ’20: $480MQ4 ’20: $475MQ4 ’20Q1 ’21: $340MQ2 ’21: $376MQ3 ’21: $331MQ4 ’21: $350MQ4 ’21Q1 ’22: $343MQ2 ’22: $299MQ3 ’22: $290MQ4 ’22: $305MQ4 ’22Q1 ’23: $379MQ2 ’23: $299MQ3 ’23: $283MQ4 ’23: $348MQ4 ’23Q1 ’24: $366MQ2 ’24: $349MQ3 ’24: $294MQ4 ’24: $287MQ4 ’24Q1 ’25: $311MQ2 ’25: $235MQ3 ’25: $243MQ4 ’25: $250MQ4 ’25Q1 ’26: $271Mfilingsflow.com

Portfolio Composition

By security type
ETP: 51.1%Common Stock: 42.8%Other: 4.9%REIT: 0.9%ADR: 0.3%
  • ETP · 51.1% · $138M
  • Common Stock · 42.8% · $116M
  • Other · 4.9% · $13M
  • REIT · 0.9% · $2M
  • ADR · 0.3% · $827,444

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ADBEADOBE INCNEW+35.0K35.0K+$9M$9M
NEBIUS GROUP NVNEW+40.0K40.0K+$4M$4M
JNJJOHNSON & JOHNSONNEW+8.5K8.5K+$2M$2M
VENVENTAS INCNEW+23.2K23.2K+$2M$2M
CBOECBOE GLOBAL MARKETS INCNEW+6.6K6.6K+$2M$2M
LHXL3HARRIS TECHNOLOGIES INCNEW+5.2K5.2K+$2M$2M
TJXTJX COMPANIES INCNEW+11.0K11.0K+$2M$2M
GDGENERAL DYNAMICS CORPNEW+4.9K4.9K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1INVESCO S&P 500 PURE VALUE EETP11.05%$30M278.7K
2ISHARES MSCI BRAZIL ETFETP7.76%$21M547.6K
3ADBEADOBE INChistory →Common Stock3.14%$9M35.0K
4INTCINTEL CORPhistory →Common Stock2.04%$6M125.0K
5ISHARES 1-3 YEAR TREASURY BOETP1.91%$5M62.7K
6ISHARES 3-7 YEAR TREASURY BOETP1.89%$5M43.2K
7ISHARES 7-10 YEAR TREASURY BETP1.88%$5M53.2K
8NEBIUS GROUP NVCommon Stock1.53%$4M40.0K
9RKTROCKET COS INC-CLASS Ahistory →Common Stock1.53%$4M290.0K
10ISHARES MSCI AUSTRALIA ETFETP1.44%$4M140.4K
11JPMORGAN BETABUILDERS JAPANETP1.43%$4M56.0K
12IREN LTDCommon Stock1.27%$3M100.0K
13TAT&T INChistory →Common Stock1.24%$3M116.1K
14INVESCO SENIOR LOAN ETFETP1.23%$3M162.9K
15SS SPDR BB CONV SEC ETFETP1.17%$3M34.8K
16INVESCO S&P 500 BUYWRITE ETFETP1.12%$3M137.9K
17ISHARES J.P. MORGAN EM HIGHETP1.12%$3M76.8K
18ISHARES JP MORGAN USD EMERGIETP1.11%$3M32.0K
19VANGUARD HIGH DVD YIELD ETFETP1.11%$3M20.2K
20STATE STREET SPDR S&P INTERNETP1.08%$3M64.3K
21NEMNEWMONT CORPhistory →Common Stock1.05%$3M26.2K
22ABGCENCORA INChistory →Common Stock1.01%$3M8.7K
23LLOEWS CORPCommon Stock0.98%$3M25.0K
24ISHARES PREFERRED & INCOME SETP0.95%$3M84.5K
25CAHCARDINAL HEALTH INCCommon Stock0.94%$3M12.0K
26ISHARES RUSSELL 1000 VALUE EETP0.93%$3M11.8K
27HCAHCA HEALTHCARE INCCommon Stock0.88%$2M5.0K
28KGCKINROSS GOLD CORPCommon Stock0.82%$2M72.7K
29ISHARES 0-5 YR HY CORP BONDETP0.80%$2M51.4K
30SS SPDR BB HIGH YIELD BONDETP0.80%$2M22.6K
31FLEXSHARES HIGH YIELD VALUEETP0.80%$2M53.9K
32ISHARES US&INTL HIGH YIELD CETP0.79%$2M47.6K
33ISHARES FALLEN ANGELS ETFETP0.79%$2M79.6K
34JNJJOHNSON & JOHNSONCommon Stock0.77%$2M8.5K
35BACVERIZON COMMUNICATIONS INCCommon Stock0.73%$2M39.2K
36INVESCO LTDCommon Stock0.71%$2M79.7K
37VENVENTAS INCCommon Stock0.70%$2M23.2K
38CBOECBOE GLOBAL MARKETS INCCommon Stock0.69%$2M6.6K
39DALDELTA AIR LINES INCCommon Stock0.67%$2M27.2K
40LHXL3HARRIS TECHNOLOGIES INCCommon Stock0.66%$2M5.2K
41TJXTJX COMPANIES INCCommon Stock0.65%$2M11.0K
42BNYBANK OF NEW YORK MELLON CORPCommon Stock0.64%$2M14.6K
43CSCOCISCO SYSTEMS INCCommon Stock0.63%$2M22.1K
44GDGENERAL DYNAMICS CORPCommon Stock0.62%$2M4.9K
45GLGLOBE LIFE INCCommon Stock0.62%$2M12.1K
46MNSTMONSTER BEVERAGE CORPCommon Stock0.60%$2M22.3K
47COFCAPITAL ONE FINANCIAL CORPCommon Stock0.59%$2M8.8K
48CMECME GROUP INCCommon Stock0.59%$2M5.4K
49BBARRICK MINING CORPCommon Stock0.59%$2M39.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$271M167May 5, 202613F-HRchanges · EDGAR ↗
Q4 2025$250M171Feb 5, 202613F-HRchanges · EDGAR ↗
Q3 2025$243M163Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$235M159Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$311M150May 6, 202513F-HRchanges · EDGAR ↗
Q4 2024$287M137Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$294M146Nov 6, 202413F-HRchanges · EDGAR ↗
Q2 2024$349M158Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$366M145May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$348M142Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$283M129Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$299M139Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$379M113May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$305M107Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$290M93Nov 14, 2022RESTATEMENTchanges · EDGAR ↗
Q2 2022$299M90Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$343M111May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$350M129Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$331M108Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$376M111Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$340M111May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$475M114Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$480M77Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$505M65Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$486M41May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$502M90Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$558M140Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$591M132Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$604M124May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$788M93Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.