SEC 13F Intelligence

Managers / Q4 2022 · view latest →

Mount Lucas Management LP

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

Reported Value
$305M
Q4 2022
Positions
107
Filings on Record
31
2019–present window
Filed
Feb 14, 2023
original filing

Summary

Mount Lucas Management LP reported $305M in U.S.-listed holdings across 107 positions for Q4 2022.

Its largest position, Schwab Short Term US Treas, represents 11.8% of the portfolio.

Compared with Q3 2022, the fund opened 37 new positions and exited 23.

Portfolio Metrics

Turnover
+44.5%
vs prior filed quarter
Top-10 Concentration
+44.2%
share of reported value
Largest Position
+11.8%
Schwab Short Term US Treas
New / Exited
37 / 23
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
Common Stock: 60.7%ETP: 38.4%ADR: 0.7%Other: 0.2%REIT: 0.0%
  • Common Stock · 60.7% · $185M
  • ETP · 38.4% · $117M
  • ADR · 0.7% · $2M
  • Other · 0.2% · $571,051
  • REIT · 0.0% · $21,496

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SCHWAB SHORT-TERM US TREASNEW+744.0K744.0K+$36M$36M
CICIGNA CORPNEW+17.7K17.7K+$6M$6M
MRO*MARATHON OIL CORPNEW+128.8K128.8K+$3M$3M
CHVCHEVRON CORPNEW+18.9K18.9K+$3M$3M
AFLAFLAC INCNEW+44.0K44.0K+$3M$3M
GLGLOBE LIFE INCNEW+26.2K26.2K+$3M$3M
JNJJOHNSON & JOHNSONNEW+17.8K17.8K+$3M$3M
MCKMCKESSON CORPNEW+8.3K8.3K+$3M$3M

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

Holdings — Q4 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHWAB SHORT-TERM US TREASETP11.76%$36M744.0K
2ISHARES 1-3 YEAR TREASURY BOETP8.74%$27M328.8K
3INVESCO S&P 500 PURE VALUE EETP8.28%$25M324.2K
4ISHARES RUSSELL 1000 VALUE EETP2.58%$8M52.0K
5MPCMARATHON PETROLEUM CORPhistory →Common Stock2.33%$7M61.0K
6APAAPA CORPhistory →Common Stock2.24%$7M146.4K
7EXMOCEXXON MOBIL CORPhistory →Common Stock2.21%$7M61.3K
8VLOVALERO ENERGY CORPhistory →Common Stock2.14%$7M51.4K
9PSXPHILLIPS 66history →Common Stock1.96%$6M57.5K
10CICIGNA CORPhistory →Common Stock1.92%$6M17.7K
11FANGDIAMONDBACK ENERGY INChistory →Common Stock1.90%$6M42.3K
12OXYOCCIDENTAL PETROLEUM CORPhistory →Common Stock1.82%$6M88.2K
13AIGAMERICAN INTERNATIONAL GROUPhistory →Common Stock1.78%$5M85.7K
14ADMARCHER-DANIELS-MIDLAND COhistory →Common Stock1.77%$5M58.3K
15HPEHEWLETT PACKARD ENTERPRISEhistory →Common Stock1.66%$5M318.1K
16MOSMOSAIC CO/THEhistory →Common Stock1.54%$5M107.4K
17COPCONOCOPHILLIPShistory →Common Stock1.52%$5M39.3K
18CTRACOTERRA ENERGY INChistory →Common Stock1.34%$4M166.8K
19PXDEURPIONEER NATURAL RESOURCES COhistory →Common Stock1.15%$4M15.4K
20MRO*MARATHON OIL CORPhistory →Common Stock1.14%$3M128.8K
21CHVCHEVRON CORPhistory →Common Stock1.11%$3M18.9K
22GISGENERAL MILLS INChistory →Common Stock1.06%$3M38.7K
23NUENUCOR CORPhistory →Common Stock1.05%$3M24.3K
24AFLAFLAC INChistory →Common Stock1.04%$3M44.0K
25GLGLOBE LIFE INChistory →Common Stock1.04%$3M26.2K
26JNJJOHNSON & JOHNSONhistory →Common Stock1.03%$3M17.8K
27MCKMCKESSON CORPhistory →Common Stock1.02%$3M8.3K
28PGRPROGRESSIVE CORPhistory →Common Stock1.02%$3M23.9K
29UNHUNITEDHEALTH GROUP INChistory →Common Stock1.01%$3M5.8K
30WRBWR BERKLEY CORPhistory →Common Stock1.00%$3M42.1K
31ABGAMERISOURCEBERGEN CORPCommon Stock1.00%$3M18.3K
32ABBVABBVIE INCCommon Stock0.98%$3M18.5K
33JKHYJACK HENRY & ASSOCIATES INCCommon Stock0.98%$3M17.0K
34EQTEQT CORPCommon Stock0.98%$3M88.2K
35GPCGENUINE PARTS COCommon Stock0.97%$3M17.1K
36PEPPEPSICO INCCommon Stock0.97%$3M16.4K
37AMGNAMGEN INCCommon Stock0.95%$3M11.0K
38HSYHERSHEY CO/THECommon Stock0.95%$3M12.5K
39BMYBRISTOL-MYERS SQUIBB COCommon Stock0.92%$3M39.1K
40METMETLIFE INCCommon Stock0.91%$3M38.5K
41KELKELLOGG COCommon Stock0.91%$3M39.1K
42RSGREPUBLIC SERVICES INCCommon Stock0.91%$3M21.5K
43KOCOCA-COLA CO/THECommon Stock0.90%$3M43.3K
44CFCF INDUSTRIES HOLDINGS INCCommon Stock0.89%$3M32.0K
45HIGHARTFORD FINANCIAL SVCS GRPCommon Stock0.87%$3M35.2K
46TRVTRAVELERS COS INC/THECommon Stock0.86%$3M14.0K
47VANGUARD HIGH DVD YIELD ETFETP0.86%$3M24.2K
48PG4PRINCIPAL FINANCIAL GROUPCommon Stock0.84%$3M30.4K
49CVSCVS HEALTH CORPCommon Stock0.76%$2M25.0K
50TSMTAIWAN SEMICONDUCTOR-SP ADRADR0.73%$2M30.0K

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 ↗.