Mount Lucas Management LP

Q3 2025 13F-HR Holdings

Location
Newtown, PA
Holdings as of
9/30/2025
Date filed
11/10/2025
Form type
13F-HR
Num holdings
162
Total value ($000)
$243,471
Net value change ($000)
+8,907 (3.8%)
New positions
8
Sold out positions
5
Turnover %
6.3%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/11/2025 Next filing: 2/5/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
PFF 2,879 NEW
REM 2,791 NEW
ACGL 1,419 193.3%
QQQ 1,398 5.1%
FTAI 1,335 NEW
WW 1,094 NEW
THD 946 NEW
MUB 730 NEW
VNQ 716 101.1%
RKT 659 NEW
Top Reduces (Value $000, Stocks/ETFs)
IEF -2,002 -42.1%
IEI -1,992 -42.1%
SHY -1,964 -41.7%
ADP -1,466 -100.0%
NLY -1,102 -20.1%
RFIX -961 -65.9%
EPHE -872 -100.0%
AGNC -772 -14.7%
INDA -726 -100.0%
SFM -445 -38.7%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 21,857 (9.0% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type