SEC 13F Intelligence

Managers / Q1 2024 · view latest →

Mount Lucas Management LP

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

Reported Value
$366M
Q1 2024
Positions
145
Filings on Record
31
2019–present window
Filed
May 10, 2024
original filing

Summary

Mount Lucas Management LP reported $366M in U.S.-listed holdings across 145 positions for Q1 2024.

Its largest position, Invesco S P 500 Pure Value E, represents 5.4% of the portfolio.

Compared with Q4 2023, the fund opened 4 new positions and exited 2.

Portfolio Metrics

Turnover
+9.5%
vs prior filed quarter
Top-10 Concentration
+20.9%
share of reported value
Largest Position
+5.4%
Invesco S P 500 Pure Value E
New / Exited
4 / 2
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: 46.1%ETP: 32.9%ADR: 15.3%Other: 3.0%REIT: 2.7%
  • Common Stock · 46.1% · $169M
  • ETP · 32.9% · $120M
  • ADR · 15.3% · $56M
  • Other · 3.0% · $11M
  • REIT · 2.7% · $10M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BIDUNBAIDU INC - SPON ADRNEW+15.0K15.0K+$2M$2M
ISHARES MSCI SOUTH KOREA ETFNEW+13.0K13.0K+$871,558$871,558
ISHARES MSCI INDONESIA ETFNEW+26.6K26.6K+$598,983$598,983
XLUUTILITIES SELECT SECTOR SPDRNEW+5.7K5.7K+$377,356$377,356
INVESCO S&P 500 PURE VALUE EADDED+147.0K222.1K+$13M$20M
ISHARES RUSSELL 1000 VALUE EADDED+5.7K8.7K+$1M$2M
ISHARES MSCI TURKEY ETFADDED+11.2K22.2K+$441,404$798,227
ISHARES CHINA LARGE-CAP ETFSOLD OUT−500.0K0−$12M$0

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

Holdings — Q1 2024

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1INVESCO S&P 500 PURE VALUE EETP5.37%$20M222.1K
2PCARPACCAR INChistory →Common Stock2.14%$8M63.3K
3URIUNITED RENTALS INChistory →Common Stock1.93%$7M9.8K
4PHMPULTEGROUP INChistory →Common Stock1.86%$7M56.6K
5CAHCARDINAL HEALTH INChistory →Common Stock1.85%$7M60.4K
6NDQINVESCO QQQ TRUST SERIES 1history →ETP1.70%$6M14.0K
7DALDELTA AIR LINES INChistory →Common Stock1.67%$6M127.6K
8HIGHARTFORD FINANCIAL SVCS GRPhistory →Common Stock1.51%$6M53.8K
9UALUNITED AIRLINES HOLDINGS INChistory →Common Stock1.44%$5M109.8K
10LLOEWS CORPhistory →Common Stock1.41%$5M66.1K
11HCAHCA HEALTHCARE INChistory →Common Stock1.38%$5M15.1K
12NLYANNALY CAPITAL MANAGEMENT INhistory →Common Stock1.36%$5M253.0K
13FFORD MOTOR COhistory →Common Stock1.32%$5M365.0K
14AGNCAGNC INVESTMENT CORPhistory →Common Stock1.32%$5M486.9K
15EVEREST GROUP LTDCommon Stock1.29%$5M11.9K
16KRANESHARES CSI CHINA INTERNETP1.26%$5M175.0K
17ARCH CAPITAL GROUP LTDCommon Stock0.97%$4M38.4K
18JPMORGAN BETABUILDERS JAPANETP0.94%$3M58.9K
19ISHARES MSCI AUSTRALIA ETFETP0.94%$3M139.2K
20ISHARES 1-3 YEAR TREASURY BOETP0.89%$3M40.0K
21MGMMGM RESORTS INTERNATIONALCommon Stock0.88%$3M68.6K
22SIMPLIFY MBS ETFETP0.87%$3M62.4K
23JPMJPMORGAN CHASE & COCommon Stock0.86%$3M15.7K
24COSTCOSTCO WHOLESALE CORPCommon Stock0.84%$3M4.2K
25CPRTCOPART INCCommon Stock0.83%$3M52.7K
26BSXBOSTON SCIENTIFIC CORPCommon Stock0.83%$3M44.4K
27LENLENNAR CORP-ACommon Stock0.82%$3M17.5K
28AZOAUTOZONE INCCommon Stock0.82%$3M952
29RSGREPUBLIC SERVICES INCCommon Stock0.81%$3M15.5K
30ORLYO'REILLY AUTOMOTIVE INCCommon Stock0.77%$3M2.5K
31CITHE CIGNA GROUPCommon Stock0.76%$3M7.6K
32ISHARES 3-7 YEAR TREASURY BOETP0.75%$3M23.7K
33VVISA INC-CLASS A SHARESCommon Stock0.75%$3M9.8K
34ISHARES MORTGAGE REAL ESTATEETP0.74%$3M117.0K
35BRBROADRIDGE FINANCIAL SOLUTIOCommon Stock0.74%$3M13.1K
36GMGENERAL MOTORS COCommon Stock0.73%$3M58.7K
37SPDR BLOOMBERG CONVERTIBLE SETP0.73%$3M36.4K
38TRLDAVITA INCCommon Stock0.72%$3M19.0K
39INVESCO SENIOR LOAN ETFETP0.72%$3M124.0K
40ISHARES PREFERRED & INCOME SETP0.72%$3M81.2K
41CMECME GROUP INCCommon Stock0.71%$3M12.2K
42ROPROPER TECHNOLOGIES INCCommon Stock0.71%$3M4.7K
43AJGARTHUR J GALLAGHER & COCommon Stock0.71%$3M10.4K
44VANGUARD HIGH DVD YIELD ETFETP0.71%$3M21.5K
45WFCWELLS FARGO & COCommon Stock0.71%$3M44.7K
46CBOECBOE GLOBAL MARKETS INCCommon Stock0.70%$3M14.0K
47AALAMERICAN AIRLINES GROUP INCCommon Stock0.70%$3M166.3K

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 ↗.