# Mount Lucas Management LP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1185072. Source: https://holderbook.com/funds/1185072-mount-lucas-management-lp/

- Reported value: $280.7M
- Positions: 166
- Weight of the ten largest: 30.7%
- Filed: 2026-08-10

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES INC | [EWZ](https://holderbook.com/stocks/EWZ/) | $19.0M | 550,366 | 6.8% | 6 |
| INVESCO EXCHANGE TRADED FD T | [RPV](https://holderbook.com/stocks/RPV/) | $15.9M | 139,712 | 5.7% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $15.6M | 21,204 | 5.6% | 1 |
| NEBIUS GROUP N.V. | [NBIS](https://holderbook.com/stocks/NBIS/) | $8.3M | 30,000 | 3.0% | 2 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $6.9M | 84,507 | 2.5% | 31 |
| IREN LIMITED | [IREN](https://holderbook.com/stocks/IREN/) | $4.6M | 100,000 | 1.6% | 3 |
| J P MORGAN EXCHANGE TRADED F | [BBJP](https://holderbook.com/stocks/BBJP/) | $4.2M | 56,363 | 1.5% | 14 |
| ISHARES INC | [EWA](https://holderbook.com/stocks/EWA/) | $4.1M | 147,259 | 1.5% | 5 |
| ISHARES TR | [IEI](https://holderbook.com/stocks/IEI/) | $4.0M | 34,011 | 1.4% | 11 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $3.6M | 17,500 | 1.3% | 2 |
| INVESCO EXCH TRADED FD TR II | [BKLN](https://holderbook.com/stocks/BKLN/) | $3.3M | 162,045 | 1.2% | 15 |
| SPDR SERIES TRUST | [CWB](https://holderbook.com/stocks/CWB/) | $3.3M | 30,600 | 1.2% | 13 |
| INVESCO EXCHANGE TRADED FD T | [PBP](https://holderbook.com/stocks/PBP/) | $3.2M | 138,716 | 1.1% | 14 |
| ISHARES INC | [EMHY](https://holderbook.com/stocks/EMHY/) | $3.2M | 77,798 | 1.1% | 14 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $3.2M | 32,745 | 1.1% | 14 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $3.1M | 19,855 | 1.1% | 13 |
| SPDR INDEX SHS FDS | [DWX](https://holderbook.com/stocks/DWX/) | $3.1M | 67,917 | 1.1% | 14 |
| ISHARES TR | [REM](https://holderbook.com/stocks/REM/) | $3.0M | 137,838 | 1.1% | 4 |
| CARDINAL HEALTH INC | [CAH](https://holderbook.com/stocks/CAH/) | $2.9M | 12,322 | 1.0% | 5 |
| LOEWS CORP | [L](https://holderbook.com/stocks/L/) | $2.9M | 25,699 | 1.0% | 11 |
| INVESCO LTD | [IVZ](https://holderbook.com/stocks/IVZ/) | $2.8M | 105,719 | 1.0% | 5 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.7M | 22,985 | 1.0% | 5 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $2.6M | 27,897 | 0.9% | 13 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $2.6M | 85,186 | 0.9% | 4 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $2.6M | 2,244 | 0.9% | 2 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $2.5M | 120,449 | 0.9% | 5 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $2.3M | 24,494 | 0.8% | 11 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.2M | 8,815 | 0.8% | 2 |
| ISHARES TR | [FALN](https://holderbook.com/stocks/FALN/) | $2.2M | 81,403 | 0.8% | 14 |
| MONSTER BEVERAGE CORP NEW | [MNST](https://holderbook.com/stocks/MNST/) | $2.2M | 23,056 | 0.8% | 2 |
| GLOBE LIFE INC | [GL](https://holderbook.com/stocks/GL/) | $2.2M | 12,356 | 0.8% | 5 |
| FLEXSHARES TR | [HYGV](https://holderbook.com/stocks/HYGV/) | $2.2M | 54,798 | 0.8% | 13 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $2.2M | 52,003 | 0.8% | 15 |
| SPDR SERIES TRUST | [JNK](https://holderbook.com/stocks/JNK/) | $2.2M | 22,878 | 0.8% | 13 |
| ISHARES INC | [GHYG](https://holderbook.com/stocks/GHYG/) | $2.2M | 48,581 | 0.8% | 14 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $2.2M | 15,100 | 0.8% | 11 |
| MOLINA HEALTHCARE INC | [MOH](https://holderbook.com/stocks/MOH/) | $2.2M | 9,500 | 0.8% | 3 |
| VENTAS INC | [VTR](https://holderbook.com/stocks/VTR/) | $2.1M | 24,065 | 0.8% | 2 |
| UNITED AIRLS HLDGS INC | [UAL](https://holderbook.com/stocks/UAL/) | $2.1M | 15,527 | 0.8% | 15 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $2.0M | 5,132 | 0.7% | 5 |
| CENCORA INC | [COR](https://holderbook.com/stocks/COR/) | $2.0M | 6,977 | 0.7% | 5 |
| ENTRAVISION COMMUNICATIONS C | [EVC](https://holderbook.com/stocks/EVC/) | $2.0M | 150,000 | 0.7% | 3 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $1.8M | 5,078 | 0.6% | 2 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $1.8M | 18,865 | 0.6% | 5 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.7M | 40,699 | 0.6% | 5 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $1.7M | 11,365 | 0.6% | 2 |
| CARNIVAL CORP LTD | [CCL](https://holderbook.com/stocks/CCL/) | $1.7M | 58,808 | 0.6% | 1 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $1.7M | 17,385 | 0.6% | 11 |
| CBOE GLOBAL MKTS INC | [CBOE](https://holderbook.com/stocks/CBOE/) | $1.7M | 6,864 | 0.6% | 2 |
| FTAI AVIATION LTD | [FTAI](https://holderbook.com/stocks/FTAI/) | $1.6M | 6,000 | 0.6% | 4 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $1.6M | 5,342 | 0.6% | 2 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $1.5M | 109,539 | 0.5% | 2 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $1.5M | 12,438 | 0.5% | 2 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $1.4M | 5,771 | 0.5% | 3 |
| NASDAQ INC | [NDAQ](https://holderbook.com/stocks/NDAQ/) | $1.4M | 17,514 | 0.5% | 5 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $1.4M | 4,518 | 0.5% | 1 |
| THE ONCOLOGY INSTITUTE INC | [TOI](https://holderbook.com/stocks/TOI/) | $1.4M | 250,000 | 0.5% | 5 |
| VERISIGN INC | [VRSN](https://holderbook.com/stocks/VRSN/) | $1.4M | 5,374 | 0.5% | 5 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $1.3M | 5,164 | 0.5% | 2 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $1.3M | 6,059 | 0.5% | 11 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.3M | 2,194 | 0.5% | 2 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $1.2M | 5,639 | 0.4% | 5 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $1.2M | 10,722 | 0.4% | 2 |
| ROLLINS INC | [ROL](https://holderbook.com/stocks/ROL/) | $1.2M | 29,563 | 0.4% | 2 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $1.2M | 6,135 | 0.4% | 5 |
| GRUPO AEROPORTUARIO DEL SURE | [ASR](https://holderbook.com/stocks/ASR/) | $1.2M | 4,000 | 0.4% | 1 |
| EVERCORE INC | [EVR](https://holderbook.com/stocks/EVR/) | $1.2M | 3,573 | 0.4% | 2 |
| NU HLDGS LTD | [NU](https://holderbook.com/stocks/NU/) | $1.2M | 90,000 | 0.4% | 8 |
| PAN AMERN SILVER CORP | [PAAS](https://holderbook.com/stocks/PAAS/) | $1.2M | 26,143 | 0.4% | 2 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $1.2M | 14,991 | 0.4% | 13 |
| COEUR MNG INC | [CDE](https://holderbook.com/stocks/CDE/) | $1.2M | 70,760 | 0.4% | 2 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $1.2M | 11,146 | 0.4% | 5 |
| DOUBLEDOWN INTERACTIVE CO LT | [DDI](https://holderbook.com/stocks/DDI/) | $1.1M | 100,000 | 0.4% | 1 |
| ARCHER DANIELS MIDLAND CO | [ADM](https://holderbook.com/stocks/ADM/) | $1.1M | 14,753 | 0.4% | 2 |
| ISHARES INC | [EWT](https://holderbook.com/stocks/EWT/) | $1.1M | 10,354 | 0.4% | 5 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $1.1M | 29,840 | 0.4% | 5 |
| ISHARES INC | [TUR](https://holderbook.com/stocks/TUR/) | $1.1M | 28,147 | 0.4% | 4 |
| PRINCIPAL FINANCIAL GROUP IN | [PFG](https://holderbook.com/stocks/PFG/) | $1.1M | 10,153 | 0.4% | 2 |
| GLOBAL X FDS | [GREK](https://holderbook.com/stocks/GREK/) | $1.1M | 14,401 | 0.4% | 15 |
| KINROSS GOLD CORP | [KGC](https://holderbook.com/stocks/KGC/) | $1.1M | 45,257 | 0.4% | 11 |
| ISHARES INC | [THD](https://holderbook.com/stocks/THD/) | $1.1M | 14,773 | 0.4% | 4 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $1.1M | 1,104 | 0.4% | 2 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $1.1M | 3,218 | 0.4% | 6 |
| ISHARES TR | [EPU](https://holderbook.com/stocks/EPU/) | $1.1M | 12,581 | 0.4% | 15 |
| ISHARES INC | [EWY](https://holderbook.com/stocks/EWY/) | $1.0M | 5,171 | 0.4% | 5 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $1.0M | 8,451 | 0.4% | 5 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $1.0M | 17,190 | 0.4% | 5 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.0M | 11,429 | 0.4% | 5 |
| ISHARES INC | [EWW](https://holderbook.com/stocks/EWW/) | $1.0M | 13,736 | 0.4% | 5 |
| ISHARES INC | [EWM](https://holderbook.com/stocks/EWM/) | $1.0M | 37,899 | 0.4% | 5 |
| ISHARES TR | [EPOL](https://holderbook.com/stocks/EPOL/) | $1.0M | 26,436 | 0.4% | 6 |
| ISHARES INC | [ECH](https://holderbook.com/stocks/ECH/) | $1.0M | 25,687 | 0.4% | 6 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $1.0M | 4,283 | 0.4% | 9 |
| REGIONS FINANCIAL CORP NEW | [RF](https://holderbook.com/stocks/RF/) | $1.0M | 33,568 | 0.4% | 5 |
| ISHARES INC | [EWN](https://holderbook.com/stocks/EWN/) | $1.0M | 14,226 | 0.4% | 6 |
| ISHARES INC | [EWO](https://holderbook.com/stocks/EWO/) | $988.7K | 23,360 | 0.4% | 14 |
| ISHARES INC | [EWP](https://holderbook.com/stocks/EWP/) | $983.1K | 16,554 | 0.4% | 15 |
| CREDO TECHNOLOGY GROUP HOLDI | [CRDO](https://holderbook.com/stocks/CRDO/) | $972.5K | 3,576 | 0.3% | 2 |
| ISHARES INC | [EWI](https://holderbook.com/stocks/EWI/) | $959.6K | 16,198 | 0.3% | 15 |
| WW INTL INC | [WW](https://holderbook.com/stocks/WW/) | $958.8K | 60,000 | 0.3% | 4 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.5% | +14.8% | -3.3% | 100% |
| Q1 2026 | -1.5% | -4.6% | +3.2% | 93% |
| Q4 2025 | +2.0% | +2.4% | -0.4% | 93% |
| Q3 2025 | +6.7% | +7.8% | -1.1% | 95% |
| Q2 2025 | +7.5% | +10.5% | -2.9% | 95% |
| Q1 2025 | +4.4% | -4.6% | +9.0% | 100% |
| Q4 2024 | -3.6% | +2.1% | -5.7% | 100% |
| Q3 2024 | +7.5% | +5.4% | +2.1% | 96% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $280.7M | 166 |
| Q1 2026 | $270.8M | 165 |
| Q4 2025 | $250.0M | 169 |
| Q3 2025 | $243.5M | 160 |
| Q2 2025 | $234.6M | 158 |
| Q1 2025 | $311.0M | 148 |
| Q4 2024 | $287.3M | 135 |
| Q3 2024 | $293.6M | 145 |
| Q2 2024 | $349.4M | 155 |
| Q1 2024 | $366.0M | 143 |
| Q4 2023 | $347.6M | 141 |
| Q3 2023 | $283.1M | 129 |