Skip to main content
Livermore
Livermore
ZHEN

Mount Lucas Management LP

SEC CIK
0001185072
Latest filing
Aug 10, 2026

The latest 13F from Mount Lucas Management LP covers Q2 2026 (filed Aug 10, 2026): 166 long positions worth $280.7M. The top 10 holdings make up 30.7% of the portfolio, and the largest is iShares Inc at 6.8%. Livermore has 23 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
22
Est. +$30.4M
Added
96
Est. +$14.6M
Reduced
39
Est. −$38.7M
Sold out
21
Est. −$14.3M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Inc464286400
    6.8%$19.0M
  2. Invesco Exchange Traded FD T46137V258
    5.7%$15.9M
  3. Invesco QQQ Trust Series I46090E103
    5.6%$15.6M
  4. NBISNebius Group N.V.
    3.0%$8.29MHistory
  5. iShares Tr464287457
    2.5%$6.94M

Share of portfolio

Top 5 holdings and the other 161 positions, by share of portfolio value

  1. iShares Inc6.8%
  2. Invesco Exchange Traded FD T5.7%
  3. Invesco QQQ Trust Series I5.6%
  4. NBIS3.0%
  5. iShares Tr2.5%
  6. Other 161 positions76.6%

Biggest buys

New and added positions, by estimated amount bought

  1. Invesco QQQ Trust Series I46090E103
    +$15.6MNew
  2. iShares Tr464287457
    +$1.79MAdded
  3. iShares Tr46435G342
    +$1.65MAdded
  4. Invesco Nasdaq 100 ETF46138G649
    +$1.37MNew
  5. ASRSoutheast Airport Group
    +$1.23MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. Invesco QQQ Trust Series I46090E103
    +5.56 pp0.0% → 5.6%
  2. MUMicron Technology Inc
    +0.68 pp0.2% → 0.9%History
  3. iShares Tr46435G342
    +0.58 pp0.5% → 1.1%
  4. iShares Tr464287457
    +0.56 pp1.9% → 2.5%
  5. Invesco Nasdaq 100 ETF46138G649
    +0.49 pp0.0% → 0.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Invesco Exchange Traded FD T46137V258
    −$15.8MReduced
  2. INTCIntel Corp
    −$5.52MSold outHistory
  3. RKTRocket Companies, Inc.
    −$4.57MReducedHistory
  4. ADBEAdobe Inc.
    −$3.59MReducedHistory
  5. NBISNebius Group N.V.
    −$2.76MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. Invesco Exchange Traded FD T46137V258
    −5.39 pp11.1% → 5.7%
  2. INTCIntel Corp
    −2.04 pp2.0% → 0.0%History
  3. ADBEAdobe Inc.
    −1.86 pp3.1% → 1.3%History
  4. RKTRocket Companies, Inc.
    −1.51 pp1.7% → 0.2%History
  5. iShares Tr464287440
    −1.05 pp1.9% → 0.8%

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$280.7M
+$9.90M (+3.7%) vs. prior quarter
Positions
166
+1 vs. prior quarter
Top 10 concentration
30.7%
Top 10 as share of value
Turnover
16.3%
Q2 2026, one quarter
Average holding period
6.5 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $349.9M (Q4 2021)

Q1 2021: $339.7MQ2 2021: $340.2MQ3 2021: $316.8MQ4 2021: $349.9MQ1 2022: $343.3MQ2 2022: $298.6MQ3 2022: $290.4MQ4 2022: $305.2MQ1 2023: $293.6MQ2 2023: $278.2MQ3 2023: $262.6MQ4 2023: $283.4MQ1 2024: $298.6MQ2 2024: $281.8MQ3 2024: $293.6MQ4 2024: $287.3MQ1 2025: $212.6MQ2 2025: $210.1MQ3 2025: $221.6MQ4 2025: $225.9MQ1 2026: $270.8MQ2 2026: $280.7M
Q1 2021Q2 2026
13F filings of Mount Lucas Management LP by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 10, 2026166$280.7MiShares IncInvesco Exchange Traded FD TInvesco QQQ Trust Series Ivs. Q1 2026SEC
Q1 2026May 5, 2026165$270.8MInvesco Exchange Traded FD TiShares IncADBEvs. Q4 2025SEC
Q4 2025Feb 5, 2026167$225.9MInvesco Exchange Traded FD TInvesco QQQ Trust Series IiShares Incvs. Q3 2025SEC
Q3 2025Nov 10, 2025159$221.6MInvesco QQQ Trust Series IAGNCNLYvs. Q2 2025SEC
Q2 2025Aug 11, 2025156$210.1MInvesco QQQ Trust Series INLYAGNCvs. Q1 2025SEC
Q1 2025May 6, 2025144$212.6MInvesco QQQ Trust Series IiShares TriShares Trvs. Q4 2024SEC
Q4 2024Feb 7, 2025135$287.3MKraneshares TrustInvesco Exchange Traded FD TDBX ETF Trvs. Q3 2024SEC
Q3 2024Nov 6, 2024145$293.6MKraneshares TrustInvesco QQQ Trust Series IBABAvs. Q2 2024SEC
Q2 2024Aug 6, 2024154$281.8MInvesco QQQ Trust Series IHIGLvs. Q1 2024SEC
Q1 2024May 10, 2024142$298.6MInvesco Exchange Traded FD TPCARURIvs. Q4 2023SEC
Q4 2023Feb 7, 2024139$283.4MInvesco QQQ Trust Series IPCARCAHvs. Q3 2023SEC
Q3 2023Nov 14, 2023127$262.6MInvesco Exchange Traded FD TiShares TrCIvs. Q2 2023SEC
Q2 2023Aug 14, 2023137$278.2MInvesco Exchange Traded FD TiShares TrCIvs. Q1 2023SEC
Q1 2023May 12, 2023109$293.6MiShares TrInvesco QQQ Trust Series IMPCvs. Q4 2022SEC
Q4 2022Feb 14, 2023107$305.2MSchwab Strategic TriShares TrInvesco Exchange Traded FD Tvs. Q3 2022SEC
Q3 2022Nov 14, 2022Amended93$290.4MiShares TrInvesco Exchange Traded FD TADMvs. Q2 2022SEC
Q2 2022Aug 10, 202290$298.6MiShares TrInvesco Exchange Traded FD TNUEvs. Q1 2022SEC
Q1 2022May 12, 2022111$343.3MiShares TrMOSInvesco Exchange Traded FD Tvs. Q4 2021SEC
Q4 2021Feb 14, 2022129$349.9MiShares TrHPQMOSvs. Q3 2021SEC
Q3 2021Nov 15, 2021107$316.8MiShares TrMSALLvs. Q2 2021SEC
Q2 2021Aug 16, 2021111$340.2MiShares TrMSALLvs. Q1 2021SEC
Q1 2021May 17, 2021111$339.7MKSSIVZMGM–SEC