Latest Mount Lucas Management LP Stock Portfolio

Mount Lucas Management LP Performance:

2025 Q3: 5.01%YTD: 29.9%2024: 13.52%

Performance for 2025 Q3 is 5.01%, and YTD is 29.9%, and 2024 is 13.52%.

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

Mount Lucas Management LP is a hedge fund based in NEWTOWN, PA. On 23-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.2 Billions. In it's latest 13F Holdings report, Mount Lucas Management LP reported an equity portfolio of $243.5 Millions as of 30 Sep, 2025.

The top stock holdings of Mount Lucas Management LP are QQQ, AGNC, NLY. The fund has invested 11.8% of it's portfolio in INVESCO QQQ TRUST SERIES 1 and 1.8% of portfolio in AGNC INVESTMENT CORP.

The fund managers got completely rid off AUTOMATIC DATA PROCESSING (ADP), ISHARES MSCI PHILIPPINES ETF (AMPS) and SOHO HOUSE & CO INC stocks. They significantly reduced their stock positions in SIMPLIFY BOND BULL ETF (AGGH), ISHARES 7-10 YEAR TREASURY B (IJR) and ISHARES 3-7 YEAR TREASURY BO (AAXJ). Mount Lucas Management LP opened new stock positions in ISHARES PREFERRED & INCOME S (AAXJ), ISHARES MORTGAGE REAL ESTATE (AGT) and FTAI AVIATION LTD (FTAI). The fund showed a lot of confidence in some stocks as they added substantially to ONCOLOGY INSTITUTE INC/THE (TOI), VANGUARD REAL ESTATE ETF (VB) and ARCH CAPITAL GROUP LTD (ACGL).

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

Our best estimate is that Mount Lucas Management LP made a return of 5.01% in the last quarter. In trailing 12 months, it's portfolio return was 31.92%.

New Buys

Ticker	$ Bought
ishares preferred & income s	2,878,620
ishares mortgage real estate	2,791,020
ftai aviation ltd	1,334,880
ww international inc-new	1,094,400
ishares msci thailand etf	946,127
ishares national muni bond e	730,095
rocket cos inc-class a	658,920
ishares msci turkey etf	212,397

New stocks bought by Mount Lucas Management LP

Additions

Ticker	% Inc.
oncology institute inc/the	108
vanguard real estate etf	95.94
arch capital group ltd	58.1
ishares msci malaysia etf	10.67
comtech telecommunications	7.4
ss spdr bb ig float rt etf	5.83
invesco senior loan etf	5.73
spdr ftse international gove	5.41

Additions to existing portfolio by Mount Lucas Management LP

Reductions

Ticker	% Reduced
simplify bond bull etf	-61.17
ishares 7-10 year treasury b	-42.49
ishares 3-7 year treasury bo	-42.27
ishares 1-3 year treasury bo	-41.77
annaly capital management in	-25.58
uwm holdings corp	-24.65
agnc investment corp	-19.94
ishares msci south korea etf	-11.01

Mount Lucas Management LP reduced stake in above stock

Sold off

Ticker	$ Sold
ishares msci philippines etf	-872,478
soho house & co inc	-183,750
ishares msci india etf	-725,677
cvrx inc	-29,988
automatic data processing	-1,465,820

Mount Lucas Management LP got rid off the above stocks

Sector Distribution

Mount Lucas Management LP has about 53.8% of it's holdings in Others sector.

Sector	%
Others	53.8
Financial Services	15.1
Technology	5.6
Real Estate	4.9
Industrials	4.5
Healthcare	3.9
Consumer Cyclical	3.8
Communication Services	3.1
Energy	1.9
Consumer Defensive	1.8
Basic Materials	1.2

Market Cap. Distribution

Mount Lucas Management LP has about 37.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	52.8
LARGE-CAP	35.6
MID-CAP	7.4
MEGA-CAP	1.6
SMALL-CAP	1.3

Stocks belong to which Index?

About 34.1% of the stocks held by Mount Lucas Management LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	65.9
S&P 500	31.1
RUSSELL 2000	3

Top 5 Winners (%)		%
APP	applovin corp-class a	105.3 %
FIX	comfort systems usa inc	53.9 %
HOOD	robinhood markets inc - a	52.9 %
UWMC	uwm holdings corp	47.1 %
IVZ	invesco ltd	45.5 %

Top 5 Winners ($)		$
QQQ	invesco qqq trust series 1	2.4 M
NEM	newmont corp	0.7 M
ACGL	arch capital group ltd	0.6 M
HOOD	robinhood markets inc - a	0.6 M
APP	applovin corp-class a	0.5 M

Top 5 Losers (%)		%
SFM	sprouts farmers market inc	-33.9 %
CHTR	charter communications inc-a	-32.7 %
DUOL	duolingo	-21.5 %
NOTV	inotiv inc	-20.3 %
QTRX	quanterix corp	-18.4 %

Top 5 Losers ($)		$
SFM	sprouts farmers market inc	-0.4 M
CHTR	charter communications inc-a	-0.2 M
PGR	progressive corp	-0.2 M
DUOL	duolingo	-0.1 M
ICE	intercontinental exchange in	-0.1 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 159 stocks in it's portfolio. About 24.4% of the portfolio is in top 10 stocks. SFM proved to be the most loss making stock for the portfolio. QQQ was the most profitable stock for Mount Lucas Management LP last quarter.

Last Reported on: 10 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAXJ	ishares preferred & income s	1.18	91,038	2,878,620	new

AAXJ	ishares jp morgan usd emergi	1.13	28,975	2,758,130	added	2.01

AAXJ	ishares 3-7 year treasury bo	1.13	22,953	2,743,110	reduced	-42.27

AAXJ	ishares 1-5y inv grade corp	0.33	14,994	795,132	added	4.92

AAXJ	ishares national muni bond e	0.30	6,856	730,095	new

ABC	cencora inc	0.84	6,575	2,054,880	added	0.09

ABT	abbott laboratories	0.58	10,566	1,415,210	added	3.38

ACGL	arch capital group ltd	0.88	12,748	2,153,240	added	58.1

ACWF	ishares 0-5 yr hy corp bond	0.79	44,214	1,914,470	added	4.7

ACWV	ishares msci australia etf	1.51	135,861	3,668,250	reduced	-0.25

ACWV	ishares j.p. morgan em high	1.12	68,856	2,732,900	added	2.16

ACWV	ishares us&intl high yield c	0.79	41,136	1,914,470	added	3.65

ACWV	ishares msci brazil etf	0.66	51,551	1,598,080	reduced	-2.29

ACWV	ishares msci south africa et	0.42	15,949	1,022,330	reduced	-4.99

ACWV	ishares msci south korea etf	0.42	12,732	1,019,830	reduced	-11.01

ACWV	ishares msci mexico etf	0.42	14,850	1,012,920	added	1.44

ACWV	ishares msci thailand etf	0.39	16,066	946,127	new

ACWV	ishares msci chile etf	0.38	28,034	924,001	reduced	-0.04

ACWV	ishares msci netherlands etf	0.37	15,426	894,862	added	4.54

ACWV	ishares msci spain etf	0.35	17,136	848,232	reduced	-4.72