Latest Mount Lucas Management LP Stock Portfolio

Mount Lucas Management LP Performance:

2025 Q4: 0.87%YTD: 14.9%2024: 9.33%

Performance for 2025 Q4 is 0.87%, and YTD is 14.9%, and 2024 is 9.33%.

About Mount Lucas Management LP and 13F Hedge Fund Stock Holdings

Mount Lucas Management LP is a hedge fund based in Newtown, PA. On 2026-02-05, the fund reported it's updated stock portfolio. In the 13F Holdings report, Mount Lucas Management LP reported an equity portfolio of $250 Millions as of 31 Dec, 2025.

The top stock holdings of Mount Lucas Management LP are CSD, QQQ, ACWV. The fund has invested 8.6% of it's portfolio in INVESCO S&P 500 PURE VALUE E and 2.8% of portfolio in INVESCO QQQ TRUST SERIES 1.

The fund managers got completely rid off INOTIV INC (NOTV) stocks. They significantly reduced their stock positions in INVESCO QQQ TRUST SERIES 1 (QQQ), INVESCO NASDAQ 100 ETF (BAB) and ANNALY CAPITAL MANAGEMENT IN (NLY). Mount Lucas Management LP opened new stock positions in INVESCO S&P 500 PURE VALUE E (CSD), ISHARES RUSSELL 1000 VALUE E (IJR) and MOLINA HEALTHCARE INC (MOH). The fund showed a lot of confidence in some stocks as they added substantially to SERVICENOW INC (NOW), ISHARES MSCI TURKEY ETF (ACWV) and ST SR UTL SL SE SPDR ETF-USD (XLB).

Mount Lucas Management LP Annual Return Estimates Vs S&P 500

Our best estimate is that Mount Lucas Management LP made a return of 0.87% in the last quarter. In trailing 12 months, it's portfolio return was 14.9%.

Performance
S&P 500

New Buys

Ticker	$ Bought
invesco s&p 500 pure value e	21,463,900
ishares russell 1000 value e	1,768,330
molina healthcare inc	1,648,630
automatic data processing	1,259,400
ishares msci indonesia etf	965,649
ishares msci india etf	944,632
tic solutions inc	808,800
entravision communications-a	506,011

New stocks bought by Mount Lucas Management LP

Additions

Ticker	% Inc.
servicenow inc	389
ishares msci turkey etf	316
st sr utl sl se spdr etf-usd	96.4
oncology institute inc/the	55.76
ww international inc-new	25.00
ftai aviation ltd	12.5
ishares national muni bond e	12.32
ishares msci australia etf	9.96

Additions to existing portfolio by Mount Lucas Management LP

Reductions

Ticker	% Reduced
invesco qqq trust series 1	-76.17
invesco nasdaq 100 etf	-74.7
annaly capital management in	-39.17
agnc investment corp	-38.75
arch capital group ltd	-38.07
blend labs inc-a	-36.00
ishares 7-10 year treasury b	-28.32
ishares 3-7 year treasury bo	-27.67

Mount Lucas Management LP reduced stake in above stock

Sold off

Ticker	$ Sold
inotiv inc	-208,075

Mount Lucas Management LP got rid off the above stocks

Sector Distribution

Mount Lucas Management LP has about 53.5% of it's holdings in Others sector.

Sector	%
Others	53.5
Financial Services	14.2
Industrials	5.4
Technology	4.9
Healthcare	4.9
Consumer Cyclical	4.1
Real Estate	3.6
Communication Services	3.2
Energy	1.9
Consumer Defensive	1.7
Basic Materials	1.4
Utilities	1.3

Market Cap. Distribution

Mount Lucas Management LP has about 38% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	52.6
LARGE-CAP	36.4
MID-CAP	5.8
SMALL-CAP	1.9
MEGA-CAP	1.6
MICRO-CAP	1.2

Stocks belong to which Index?

About 36.7% of the stocks held by Mount Lucas Management LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	63.3
S&P 500	32.3
RUSSELL 2000	4.4

Top 5 Winners (%)		%
CMTL	comtech telecommunications	105.0 %
GMED	globus medical inc - a	52.0 %
GM	general motors co	33.2 %
	barrick mining corp	32.7 %
CAH	cardinal health inc	30.9 %

Top 5 Winners ($)		$
GM	general motors co	0.6 M
FOX	fox corp - class a	0.4 M
CAH	cardinal health inc	0.4 M
QQQ	invesco qqq trust series 1	0.4 M
NEM	newmont corp	0.4 M

Top 5 Losers (%)		%
NOW	servicenow inc	-75.1 %
DUOL	duolingo	-45.0 %
XLB	st sr utl sl se spdr etf-usd	-44.0 %
RBLX	roblox corp -class a	-41.1 %
TKNO	alpha teknova inc	-38.6 %

Top 5 Losers ($)		$
ACGL	arch capital group ltd	-0.8 M
XLB	st sr utl sl se spdr etf-usd	-0.5 M
NOW	servicenow inc	-0.5 M
RBLX	roblox corp -class a	-0.4 M
HOOD	robinhood markets inc - a	-0.3 M

Mount Lucas Management LP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Mount Lucas Management LP

Mount Lucas Management LP has 167 stocks in it's portfolio. About 21.7% of the portfolio is in top 10 stocks. ACGL proved to be the most loss making stock for the portfolio. GM was the most profitable stock for Mount Lucas Management LP last quarter.

Last Reported on: 05 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAXJ	ishares preferred & income s	1.19	96,463	2,986,490	added	5.96

AAXJ	ishares jp morgan usd emergi	1.13	29,393	2,829,960	added	1.44

AAXJ	ishares 3-7 year treasury bo	0.79	16,603	1,981,570	reduced	-27.67

AAXJ	ishares 1-5y inv grade corp	0.33	15,613	825,615	added	4.13

AAXJ	ishares national muni bond e	0.33	7,701	824,854	added	12.32

ABC	cencora inc	0.88	6,536	2,207,530	reduced	-0.59

ABT	abbott laboratories	0.53	10,582	1,325,820	added	0.15

ACGL	arch capital group ltd	0.30	7,895	757,288	reduced	-38.07

ACWF	ishares 0-5 yr hy corp bond	0.80	46,362	1,987,540	added	4.86

ACWV	ishares msci australia etf	1.56	149,394	3,912,630	added	9.96

ACWV	ishares j.p. morgan em high	1.14	70,601	2,850,160	added	2.53

ACWV	ishares us&intl high yield c	0.80	43,238	1,994,570	added	5.11

ACWV	ishares msci brazil etf	0.63	49,605	1,575,950	reduced	-3.77

ACWV	ishares msci south korea etf	0.42	10,725	1,042,680	reduced	-15.76

ACWV	ishares msci south africa et	0.41	15,001	1,032,070	reduced	-5.94

ACWV	ishares msci chile etf	0.41	25,332	1,023,410	reduced	-9.64

ACWV	ishares msci mexico etf	0.39	14,205	984,833	reduced	-4.34

ACWV	ishares msci thailand etf	0.39	16,383	977,574	added	1.97

ACWV	ishares msci austria etf	0.36	25,754	913,494	reduced	-2.95

ACWV	ishares msci spain etf	0.36	16,648	897,494	reduced	-2.85