Mount Lucas Management LP
SEC Form 13F institutional filer · CIK 0001185072
13F-HR · 68 reported holdings · 2026-03-31
Reported long-US-equity value
$0.13B
Top-10 concentration
52.4%
Mount Lucas Management LP — $135M AUM allocation strategy
Mount Lucas Management LP files SEC Form 13F and reports $135M of long US equity value across 68 reported holdings for 2026-03-31.
Its largest sector bet is Financials 32.7%, followed by Information Technology 11.7% and Health Care 7.2%.
The top 10 holdings account for 52% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Mount Lucas Management LP — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$135M
total across 68 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
52% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$IVZ +124K sh · +$9.49M+$T +41.1K sh · +$1.65M+$VZ +22.1K sh · +$1.27M
Biggest trims (shares)
−$GM −13.9K sh · −$1.23M−$MET −8.49K sh · −$802K−$NTRS −6.91K sh · −$929K
Exited to nil (held last quarter, gone now)
$QQQ ($7M last qtr)$FOX ($3.19M last qtr)$WELL ($2.12M last qtr)$WMT ($1.75M last qtr)$WAB ($1.59M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Asset Management & Custody Banks30.8%—
- Application Software6.3%—
- Semiconductors4.1%—
- Integrated Telecommunication Services4.1%—
- Health Care Distributors3.9%—
- Aerospace & Defense2.6%—
- Gold2.1%—
- Multi-line Insurance2.0%—
- Other holdings44.0%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
9 of 9 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $IVZ | Invesco Ltd | 521K | $35.2M | +124K | 26.2% |
| $ADBE | Adobe Inc | 35K | $8.51M | — | 6.3% |
| $INTC | Intel Corporation | 125K | $5.52M | — | 4.1% |
| $BLK | BlackRock Inc | 80.4K | $4.48M | -2.37K | 3.3% |
| $T | AT&T Inc | 117K | $3.53M | +41.1K | 2.6% |
| $NEM | Newmont Corporation | 26.2K | $2.84M | +831 | 2.1% |
| $COR | Cencora Inc | 8.66K | $2.72M | +2.13K | 2.0% |
| $L | Loews Corporation | 25K | $2.66M | +16.4K | 2.0% |
| $CAH | Cardinal Health Inc | 12K | $2.54M | +3.42K | 1.9% |
…and 59 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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