Q2 2026 13F · SEC CIK 1185072

Mount Lucas Management LP

Institutional asset managerFiled 2026-08-10 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $280.7M
Reported positions: 166
Top holdings a year, 3 yrs: +15.1%
Assets under management: $1.3B

Mount Lucas Management LP is an institutional asset manager that reported 166 positions worth $280.7M in its Q2 2026 13F, filed 2026-08-10. Its largest holdings were Ishares Inc (EWZ, 6.8%), Invesco Exchange Traded Fd T (RPV, 5.7%), Invesco Qqq Tr (QQQ, 5.6%). A portfolio copying its top holdings returned 15.1% a year over the last 3 years, against 20.4% for the S&P 500.

Mount Lucas Management LP holdings largest 50 of 166 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Mount Lucas Management LP 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
EWZIshares Inc	6.8%	7.8%	550,366	+0.5%	$19.0M
RPVInvesco Exchange Traded Fd T	5.7%	11.1%	139,712	-49.9%	$15.9M
QQQInvesco Qqq Tr	5.6%	—	21,204	—	$15.6M
NBISNebius Group N.v.	3.0%	1.5%	30,000	-25.0%	$8.3M
SHYIshares Tr	2.5%	1.9%	84,507	+34.7%	$6.9M
IRENIren Limited	1.6%	1.3%	100,000	+0.0%	$4.6M
BBJPJpmorgan Betabuilders Japan ETF	1.5%	1.4%	56,363	+0.6%	$4.2M
EWAIshares Inc	1.5%	1.4%	147,259	+4.9%	$4.1M
IEIIshares Tr	1.4%	1.9%	34,011	-21.3%	$4.0M
ADBEAdobe Inc	1.3%	3.1%	17,500	-50.0%	$3.6M
BKLNInvesco Exch Traded Fd Tr II	1.2%	1.2%	162,045	-0.5%	$3.3M
CWBSpdr Series Trust	1.2%	1.2%	30,600	-12.0%	$3.3M
PBPInvesco Exchange Traded Fd T	1.1%	1.1%	138,716	+0.6%	$3.2M
EMHYIshares Inc	1.1%	1.1%	77,798	+1.4%	$3.2M
EMBIshares Tr	1.1%	1.1%	32,745	+2.2%	$3.2M
VYMVanguard Whitehall Fds	1.1%	1.1%	19,855	-1.8%	$3.1M
DWXSpdr Index Shs Fds	1.1%	1.1%	67,917	+5.6%	$3.1M
REMIshares Tr	1.1%	—	137,838	—	$3.0M
CAHCardinal Health Inc	1.0%	0.9%	12,322	+2.6%	$2.9M
LLoews Corp	1.0%	1.0%	25,699	+3.0%	$2.9M
IVZInvesco Ltd	1.0%	0.7%	105,719	+32.7%	$2.8M
CSCOCisco Sys Inc	1.0%	0.6%	22,985	+3.8%	$2.7M
DALDelta Air Lines Inc	0.9%	0.7%	27,897	+2.5%	$2.6M
PFFIshares Tr	0.9%	0.9%	85,186	+0.8%	$2.6M
MUMicron Technology Inc	0.9%	—	2,244	—	$2.6M
TAt&t Inc	0.9%	1.2%	120,449	+3.8%	$2.5M
IEFIshares Tr	0.8%	1.9%	24,494	-54.0%	$2.3M
JNJJohnson & Johnson	0.8%	0.8%	8,815	+3.8%	$2.2M
FALNIshares Tr	0.8%	0.8%	81,403	+2.2%	$2.2M
MNSTMonster Beverage Corp New	0.8%	0.6%	23,056	+3.2%	$2.2M
GLGlobe Life Inc	0.8%	0.6%	12,356	+2.5%	$2.2M
HYGVFlexshares Tr Hig Yld Vl ETF	0.8%	0.8%	54,798	+1.6%	$2.2M
SHYGIshares Tr	0.8%	0.8%	52,003	+1.3%	$2.2M
JNKSpdr Series Trust	0.8%	0.8%	22,878	+1.3%	$2.2M
GHYGIshares Inc	0.8%	0.8%	48,581	+2.0%	$2.2M
BNYBank of Ny Mellon Corp	0.8%	0.6%	15,100	+3.6%	$2.2M
MOHMolina Healthcare Inc	0.8%	—	9,500	—	$2.2M
VTRVentas Inc	0.8%	0.7%	24,065	+3.8%	$2.1M
UALUnited Airls Hldgs Inc	0.8%	—	15,527	—	$2.1M
HCAHca Healthcare Inc	0.7%	0.9%	5,132	+1.8%	$2.0M
CORCencora Inc	0.7%	1.0%	6,977	-19.5%	$2.0M
EVCEntravision Communications C	0.7%	—	150,000	—	$2.0M
GDGeneral Dynamics Corp	0.6%	0.6%	5,078	+3.6%	$1.8M
NEMNewmont Corp	0.6%	1.0%	18,865	-28.0%	$1.8M
VZVerizon Communications Inc	0.6%	0.7%	40,699	+3.7%	$1.7M
TJXTjx Cos Inc New	0.6%	0.6%	11,365	+3.5%	$1.7M
CCLCarnival Corp Ltd	0.6%	—	58,808	—	$1.7M
VNQVanguard Index Fds	0.6%	—	17,385	—	$1.7M
CBOECboe Global Mkts Inc	0.6%	0.7%	6,864	+3.5%	$1.7M
FTAIFtai Aviation Ltd	0.6%	—	6,000	—	$1.6M

What Mount Lucas Management LP bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

SHY Ishares Tr+34.7% shares
IVZ Invesco Ltd+32.7% shares
DWX Spdr Index Shs Fds+5.6% shares

Reduced

IEF Ishares Tr-54.0% shares
ADBE Adobe Inc-50.0% shares
RPV Invesco Exchange Traded Fd T-49.9% shares
NEM Newmont Corp-28.0% shares
NBIS Nebius Group N.v.-25.0% shares
IEI Ishares Tr-21.3% shares
COR Cencora Inc-19.5% shares
CWB Spdr Series Trust-12.0% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +6.6% /yr; S&P 500 +20.1%
3 years: +15.1% /yr; S&P 500 +20.4%
5 years: +7.1% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$280.7M	166
Q1 2026	$270.8M	165
Q4 2025	$225.9M	167
Q3 2025	$221.6M	159
Q2 2025	$210.1M	156
Q1 2025	$212.6M	144
Q4 2024	$287.3M	135
Q3 2024	$293.6M	145
Q2 2024	$281.8M	154
Q1 2024	$298.6M	142
Q4 2023	$283.4M	139
Q3 2023	$262.6M	127

Questions about Mount Lucas Management LP's portfolio

What stocks does Mount Lucas Management LP own?

Mount Lucas Management LP's latest 13F, for Q2 2026 and filed Aug 10, 2026, lists 166 positions worth $280.7M. The largest are Ishares Inc (EWZ) at 6.8%, Invesco Exchange Traded Fd T (RPV) at 5.7%, Invesco Qqq Tr (QQQ) at 5.6%, Nebius Group N.v. (NBIS) at 3.0% and Ishares Tr (SHY) at 2.5%.

What did Mount Lucas Management LP buy last quarter?

In Q2 2026, Mount Lucas Management LP added Ishares Tr (SHY) (+34.7% shares), Invesco Ltd (IVZ) (+32.7% shares) and Spdr Index Shs Fds (DWX) (+5.6% shares), compared with its Q1 2026 filing.

What did Mount Lucas Management LP sell last quarter?

In Q2 2026, Mount Lucas Management LP cut from its top 50 Intel Corp (INTC), cut from its top 50 Rocket Cos Inc (RKT), cut from its top 50 Ishares Tr (IWD), cut from its top 50 Kinross Gold Corp (KGC), cut from its top 50 L3harris Technologies Inc (LHX), Ishares Tr (IEF) (-54.0% shares), Adobe Inc (ADBE) (-50.0% shares) and Invesco Exchange Traded Fd T (RPV) (-49.9% shares), compared with its Q1 2026 filing.

How has Mount Lucas Management LP's portfolio performed?

A portfolio copying Mount Lucas Management LP's 20 largest 13F holdings each quarter, from the day each filing was public, returned +15.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +6.6% against +20.1%. Over 5 years: +7.1% a year against +11.6%.

When is Mount Lucas Management LP's next 13F filing due?

13F filings are due 45 days after each quarter ends. Mount Lucas Management LP's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Mount Lucas Management LP manage?

Mount Lucas Management LP reported $1.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $280.7M.