13F HOLDINGS REPORT
Mount Lucas Management LP
Quarter ended Q3 2025 · Filed November 10, 2025 · Accession 0001140361-25-041412
Total Value
$243.5M
Positions
163
Other Managers
0
Confidential Omitted
No
Holdings (163)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | INVESCO QQQ TRUST SERIES 1 | IVZ | 47,847 | $28.7M | 11.80% |
| 2 | ISHARES MSCI BRAZIL ETF | 464286400 | 320,000 | $9.9M | 4.07% |
| 3 | INTEL CORP | INTC | 182,500 | $6.1M | 2.51% |
| 4 | ROCKET COS INC-CLASS A | 77311W101 | 300,000 | $5.8M | 2.39% |
| 5 | AGNC INVESTMENT CORP | 00123Q104 | 457,000 | $4.5M | 1.84% |
| 6 | ANNALY CAPITAL MANAGEMENT IN | NLY-PJ | 217,000 | $4.4M | 1.80% |
| 7 | JPMORGAN BETABUILDERS JAPAN | 46641Q217 | 56,874 | $3.8M | 1.55% |
| 8 | ISHARES MSCI AUSTRALIA ETF | 464286103 | 135,861 | $3.7M | 1.51% |
| 9 | SS SPDR BB CONV SEC ETF | 78464A359 | 33,084 | $3.0M | 1.23% |
| 10 | ISHARES PREFERRED & INCOME S | 464288687 | 91,038 | $2.9M | 1.18% |
| 11 | INVESCO SENIOR LOAN ETF | IVZ | 136,934 | $2.9M | 1.18% |
| 12 | ISHARES MORTGAGE REAL ESTATE | 46435G342 | 127,038 | $2.8M | 1.15% |
| 13 | VANGUARD HIGH DVD YIELD ETF | 921946406 | 19,613 | $2.8M | 1.14% |
| 14 | ISHARES JP MORGAN USD EMERGI | 464288281 | 28,975 | $2.8M | 1.13% |
| 15 | ISHARES 7-10 YEAR TREASURY B | 464287440 | 28,572 | $2.8M | 1.13% |
| 16 | INVESCO S&P 500 BUYWRITE ETF | IVZ | 124,347 | $2.8M | 1.13% |
| 17 | FOX CORP - CLASS A | FOX | 43,558 | $2.7M | 1.13% |
| 18 | ISHARES 1-3 YEAR TREASURY BO | 464287457 | 33,108 | $2.7M | 1.13% |
| 19 | ISHARES 3-7 YEAR TREASURY BO | 464288661 | 22,953 | $2.7M | 1.13% |
| 20 | ISHARES J.P. MORGAN EM HIGH | 464286285 | 68,856 | $2.7M | 1.12% |
| 21 | SPDR S&P INTER DVD ETF | 78463X772 | 63,599 | $2.7M | 1.12% |
| 22 | PROGRESSIVE CORP | 743315103 | 9,429 | $2.3M | 0.96% |
| 23 | INVESCO NASDAQ 100 ETF | IVZ | 9,121 | $2.3M | 0.93% |
| 24 | NEWMONT CORP | NEMCL | 25,460 | $2.1M | 0.88% |
| 25 | AT&T INC | T-PC | 75,861 | $2.1M | 0.88% |
| 26 | CENCORA INC | COR | 6,575 | $2.1M | 0.84% |
| 27 | BANK OF NEW YORK MELLON CORP | 064058100 | 18,692 | $2.0M | 0.84% |
| 28 | WELLTOWER INC | WELL | 11,382 | $2.0M | 0.83% |
| 29 | METLIFE INC | MET-PF | 24,398 | $2.0M | 0.83% |
| 30 | UNITED AIRLINES HOLDINGS INC | UNTCW | 20,342 | $2.0M | 0.81% |
| 31 | ISHARES FALLEN ANGELS ETF | 46435G474 | 69,897 | $1.9M | 0.80% |
| 32 | FLEXSHARES HIGH YIELD VALUE | FLEX | 46,606 | $1.9M | 0.79% |
| 33 | SS SPDR BB HIGH YIELD BOND | 78468R622 | 19,587 | $1.9M | 0.79% |
| 34 | ISHARES US&INTL HIGH YIELD C | 464286178 | 41,136 | $1.9M | 0.79% |
| 35 | ISHARES 0-5 YR HY CORP BOND | 46434V407 | 44,214 | $1.9M | 0.79% |
| 36 | GENERAL MOTORS CO | 37045V100 | 28,226 | $1.7M | 0.71% |
| 37 | CARNIVAL CORP | CUKPF | 58,280 | $1.7M | 0.69% |
| 38 | AGNICO EAGLE MINES LTD | AEM | 9,784 | $1.6M | 0.68% |
| 39 | WILLIAMS COS INC | 969457100 | 25,587 | $1.6M | 0.67% |
| 40 | WALMART INC | WMT | 15,685 | $1.6M | 0.66% |
| 41 | ISHARES MSCI BRAZIL ETF | 464286400 | 51,551 | $1.6M | 0.66% |
| 42 | NORTHERN TRUST CORP | NTRSO | 11,839 | $1.6M | 0.65% |
| 43 | ROBINHOOD MARKETS INC - A | 770700102 | 10,940 | $1.6M | 0.64% |
| 44 | DELTA AIR LINES INC | DAL | 26,849 | $1.5M | 0.63% |
| 45 | WABTEC CORP | 929740108 | 7,447 | $1.5M | 0.61% |
| 46 | KINDER MORGAN INC | EP-PC | 51,616 | $1.5M | 0.60% |
| 47 | CISCO SYSTEMS INC | CSCO | 21,223 | $1.5M | 0.60% |
| 48 | VANGUARD GLBL EX-US REAL EST | 922042676 | 30,254 | $1.4M | 0.59% |
| 49 | AUTOMATIC DATA PROCESSING | G0450A105 | 4,915 | $1.4M | 0.59% |
| 50 | NASDAQ INC | NDAQ | 16,287 | $1.4M | 0.59% |
| 51 | VANGUARD REAL ESTATE ETF | 922908553 | 15,575 | $1.4M | 0.58% |
| 52 | ABBOTT LABORATORIES | ABLZF | 10,566 | $1.4M | 0.58% |
| 53 | MOTOROLA SOLUTIONS INC | MSI | 3,082 | $1.4M | 0.58% |
| 54 | VERISIGN INC | VRSN | 4,999 | $1.4M | 0.57% |
| 55 | PACKAGING CORP OF AMERICA | 695156109 | 6,367 | $1.4M | 0.57% |
| 56 | CME GROUP INC | CME | 5,128 | $1.4M | 0.57% |
| 57 | CARDINAL HEALTH INC | CAH | 8,589 | $1.3M | 0.55% |
| 58 | FTAI AVIATION LTD | FTAIN | 8,000 | $1.3M | 0.55% |
| 59 | ALLSTATE CORP | ALL-PJ | 6,216 | $1.3M | 0.55% |
| 60 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 7,859 | $1.3M | 0.54% |
| 61 | CAPITAL ONE FINANCIAL CORP | 14040H105 | 6,142 | $1.3M | 0.54% |
| 62 | REPUBLIC SERVICES INC | 760759100 | 5,648 | $1.3M | 0.53% |
| 63 | KINROSS GOLD CORP | KGCRF | 50,802 | $1.3M | 0.52% |
| 64 | FREDDIE MAC | 313400301 | 100,847 | $1.2M | 0.49% |
| 65 | HOULIHAN LOKEY INC | HLI | 5,681 | $1.2M | 0.48% |
| 66 | TECHNIPFMC PLC | FTI | 29,066 | $1.1M | 0.47% |
| 67 | WW INTERNATIONAL INC-NEW | 98262P200 | 40,000 | $1.1M | 0.45% |
| 68 | INVESCO LTD | IVZ | 46,809 | $1.1M | 0.44% |
| 69 | ISHARES MSCI PERU AND GLOBAL | 464289842 | 17,096 | $1.1M | 0.43% |
| 70 | ISHARES MSCI SOUTH AFRICA ET | 464286780 | 15,949 | $1.0M | 0.42% |
| 71 | ISHARES MSCI SOUTH KOREA ETF | 464286772 | 12,732 | $1.0M | 0.42% |
| 72 | ISHARES MSCI MEXICO ETF | 464286822 | 14,850 | $1.0M | 0.42% |
| 73 | ISHARES MSCI TAIWAN ETF | 46434G772 | 15,637 | $994,826 | 0.41% |
| 74 | APPLOVIN CORP-CLASS A | APP | 1,383 | $993,741 | 0.41% |
| 75 | UWM HOLDINGS CORP | UWMC | 162,000 | $986,580 | 0.41% |
| 76 | ISHARES CHINA LARGE-CAP ETF | 464287184 | 23,638 | $972,467 | 0.40% |
| 77 | ISHARES MSCI MALAYSIA ETF | 46434G814 | 36,984 | $958,625 | 0.39% |
| 78 | WR BERKLEY CORP | WRB-PH | 12,396 | $949,782 | 0.39% |
| 79 | ISHARES MSCI THAILAND ETF | 464286624 | 16,066 | $946,127 | 0.39% |
| 80 | GLOBAL X MSCI GREECE ETF | 37954Y319 | 14,579 | $938,888 | 0.39% |
| 81 | ISHARES MSCI POLAND ETF | 46429B606 | 29,016 | $934,315 | 0.38% |
| 82 | ISHARES MSCI CHILE ETF | 464286640 | 28,034 | $924,001 | 0.38% |
| 83 | PALANTIR TECHNOLOGIES INC-A | PLTR | 5,031 | $917,755 | 0.38% |
| 84 | ISHARES MSCI NETHERLANDS ETF | 464286814 | 15,426 | $894,862 | 0.37% |
| 85 | HARTFORD INSURANCE GROUP INC | HIG-PG | 6,617 | $882,642 | 0.36% |
| 86 | ROBLOX CORP -CLASS A | RBLX | 6,240 | $864,365 | 0.36% |
| 87 | LOEWS CORP | L | 8,511 | $854,419 | 0.35% |
| 88 | ISHARES MSCI SPAIN ETF | 464286764 | 17,136 | $848,232 | 0.35% |
| 89 | MAN FUND PLC-MAN SYS EUR-ISA | 464286707 | 19,197 | $843,324 | 0.35% |
| 90 | TRAVELERS COS INC/THE | TRV | 2,986 | $833,751 | 0.34% |
| 91 | ISHARES MSCI ITALY ETF | 46434G830 | 16,015 | $831,979 | 0.34% |
| 92 | ISHARES MSCI SWEDEN ETF | 464286756 | 17,624 | $831,853 | 0.34% |
| 93 | ISHARES MSCI UNITED KINGDOM | 46435G334 | 19,720 | $827,648 | 0.34% |
| 94 | REGIONS FINANCIAL CORP | RF-PF | 31,225 | $823,403 | 0.34% |
| 95 | ISHARES MSCI AUSTRIA ETF | 464286202 | 26,537 | $822,382 | 0.34% |
| 96 | HEWLETT PACKARD ENTERPRISE | HPE-PC | 33,483 | $822,342 | 0.34% |
| 97 | UNIVERSAL HEALTH SERVICES-B | 913903100 | 4,013 | $820,418 | 0.34% |
| 98 | ISHARES MSCI SWITZERLAND ETF | 464286749 | 14,776 | $816,226 | 0.34% |
| 99 | GLOBE LIFE INC | GL-PD | 5,706 | $815,787 | 0.34% |
| 100 | ISHARES MSCI GERMANY ETF | 464286806 | 19,522 | $812,310 | 0.33% |
| 101 | COMFORT SYSTEMS USA INC | 199908104 | 983 | $811,152 | 0.33% |
| 102 | BARRICK MINING CORP | 06849F108 | 24,747 | $810,959 | 0.33% |
| 103 | ISHARES IBOXX INVESTMENT GRA | 464287242 | 7,233 | $806,263 | 0.33% |
| 104 | SPDR FTSE INTERNATIONAL GOVE | 78464A490 | 20,556 | $806,001 | 0.33% |
| 105 | CINCINNATI FINANCIAL CORP | 172062101 | 5,091 | $804,887 | 0.33% |
| 106 | NU HOLDINGS LTD/CAYMAN ISL-A | NU | 50,000 | $800,500 | 0.33% |
| 107 | SS SPDR BB IG FLOAT RT ETF | 78468R200 | 25,779 | $795,540 | 0.33% |
| 108 | ISHARES 1-5Y INV GRADE CORP | 464288646 | 14,994 | $795,132 | 0.33% |
| 109 | SCHWAB U.S. TIPS ETF | 808524870 | 29,500 | $795,025 | 0.33% |
| 110 | CVS HEALTH CORP | CVS | 10,420 | $785,564 | 0.32% |
| 111 | HCA HEALTHCARE INC | HCA | 1,819 | $775,258 | 0.32% |
| 112 | US BANCORP | USB-PS | 16,023 | $774,392 | 0.32% |
| 113 | SYNCHRONY FINANCIAL | SYF-PB | 10,868 | $772,171 | 0.32% |
| 114 | HUNTINGTON BANCSHARES INC | HBANP | 43,675 | $754,267 | 0.31% |
| 115 | CHUBB LTD | CB | 2,654 | $749,092 | 0.31% |
| 116 | M & T BANK CORP | 55261F104 | 3,734 | $737,913 | 0.30% |
| 117 | VERIZON COMMUNICATIONS INC | VZ | 16,719 | $734,800 | 0.30% |
| 118 | CLOUDFLARE INC - CLASS A | NET | 3,420 | $733,898 | 0.30% |
| 119 | ISHARES NATIONAL MUNI BOND E | 464288414 | 6,856 | $730,095 | 0.30% |
| 120 | BLEND LABS INC-A | BLND | 200,000 | $730,000 | 0.30% |
| 121 | ARCH CAPITAL GROUP LTD | G0450A105 | 7,833 | $710,688 | 0.29% |
| 122 | SPROUTS FARMERS MARKET INC | 85208M102 | 6,475 | $704,480 | 0.29% |
| 123 | ISHARES MSCI BRAZIL SMALL-CA | 464289131 | 50,500 | $701,950 | 0.29% |
| 124 | TENET HEALTHCARE CORP | THC | 3,444 | $699,270 | 0.29% |
| 125 | UTILITIES SELECT SECTOR SPDR | 81369Y886 | 7,998 | $697,506 | 0.29% |
| 126 | NORWEGIAN CRUISE LINE HOLDIN | NCLH | 28,174 | $693,926 | 0.29% |
| 127 | INTERACTIVE BROKERS GRO-CL A | 45841N107 | 10,066 | $692,641 | 0.28% |
| 128 | CARVANA CO | CVNA | 1,815 | $684,691 | 0.28% |
| 129 | ROCKET COS INC-CLASS A | 77311W101 | 34,000 | $658,920 | 0.27% |
| 130 | PRUDENTIAL FINANCIAL INC | PUKPF | 6,235 | $646,819 | 0.27% |
| 131 | ROYAL CARIBBEAN CRUISES LTD | V7780T103 | 1,980 | $640,688 | 0.26% |
| 132 | PERFORMANCE FOOD GROUP CO | PFGC | 6,020 | $626,321 | 0.26% |
| 133 | CF INDUSTRIES HOLDINGS INC | 125269100 | 6,877 | $616,867 | 0.25% |
| 134 | EMCOR GROUP INC | EME | 943 | $612,516 | 0.25% |
| 135 | QUANTA SERVICES INC | 74762E102 | 1,388 | $575,215 | 0.24% |
| 136 | COINBASE GLOBAL INC -CLASS A | COIN | 1,678 | $566,308 | 0.23% |
| 137 | ONCOLOGY INSTITUTE INC/THE | 68236X100 | 160,500 | $560,145 | 0.23% |
| 138 | ROYAL BANK OF CANADA | 780087102 | 3,791 | $558,490 | 0.23% |
| 139 | US FOODS HOLDING CORP | USFD | 6,871 | $526,456 | 0.22% |
| 140 | EXELIXIS INC | EXEL | 12,618 | $521,123 | 0.21% |
| 141 | EQUITABLE HOLDINGS INC | EQH-PC | 9,990 | $507,292 | 0.21% |
| 142 | LITHIA MOTORS INC | 536797103 | 1,589 | $502,124 | 0.21% |
| 143 | SIMPLIFY BOND BULL ETF | 82889N376 | 11,650 | $497,572 | 0.20% |
| 144 | CHARTER COMMUNICATIONS INC-A | 16119P108 | 1,776 | $488,586 | 0.20% |
| 145 | PILGRIM'S PRIDE CORP | PPC | 11,551 | $470,357 | 0.19% |
| 146 | GLOBUS MEDICAL INC - A | GMED | 7,975 | $456,728 | 0.19% |
| 147 | ALPHA TEKNOVA INC | TKNO | 70,000 | $433,300 | 0.18% |
| 148 | ARES MANAGEMENT CORP - A | ARES-PB | 2,533 | $405,001 | 0.17% |
| 149 | DUOLINGO | DUOL | 1,249 | $401,978 | 0.17% |
| 150 | DAVITA INC | DVA | 2,905 | $385,987 | 0.16% |
| 151 | VERSABANK | VBNK | 30,000 | $366,300 | 0.15% |
| 152 | BROADCOM INC | AVGO | 1,047 | $345,416 | 0.14% |
| 153 | QUANTERIX CORP | QTRX | 60,000 | $325,800 | 0.13% |
| 154 | NVIDIA CORP | NVDA | 1,585 | $295,729 | 0.12% |
| 155 | AXON ENTERPRISE INC | AXON | 394 | $282,750 | 0.12% |
| 156 | ARISTA NETWORKS INC | ANET | 1,924 | $280,346 | 0.12% |
| 157 | COMTECH TELECOMMUNICATIONS | 205826209 | 107,400 | $277,092 | 0.11% |
| 158 | ZSCALER INC | ZS | 863 | $258,607 | 0.11% |
| 159 | GRAVITY CO LTD-SPONSORED ADR | GRVY | 4,000 | $256,000 | 0.11% |
| 160 | SAMSARA INC-CL A | IOT | 6,735 | $250,879 | 0.10% |
| 161 | ISHARES MSCI TURKEY ETF | 464286715 | 6,205 | $212,397 | 0.09% |
| 162 | INOTIV INC | NOTV | 143,500 | $208,075 | 0.09% |
| 163 | SERVICENOW INC | NOW | 212 | $195,099 | 0.08% |