Mount Lucas Management LP is an SEC-registered investment adviser based in Newtown, PA that reports managing 1 hedge fund on Form ADV. It reports $1.3 billion in regulatory assets under management. Its private funds, of all types, hold $201.8 million in gross assets. Its disclosed U.S. stock holdings returned an estimated +9.8% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +38.7% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $1.3 billionForm ADV Item 5.F
- Gross assets of private funds
- $201.8 millionAll private fund types, Form ADV
- Hedge funds managed
- 11 private funds in total
- Employees
- 15Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 108255
- Latest Form ADV
- 06/10/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q2 2026 | +11.5% | +14.8% |
| Q1 2026 | -1.5% | -4.6% |
| Q4 2025 | +2.0% | +2.4% |
| Q3 2025 | +6.7% | +7.8% |
| Q2 2025 | +7.5% | +10.4% |
| Q1 2025 | +4.5% | -4.5% |
| Q4 2024 | -3.7% | +2.1% |
| Q3 2024 | +7.3% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- Ishares MSCI Brazil ETF$19.0 million
- Invesco S&P 500 Pure Value ETF$15.9 million
- Invesco QQQ Trust$15.6 million
- Nebius Group N.V. Class A$8.3 million
- Ishares 1-3 Year Treasury Bond ETF$6.9 million
- Iren Limited$4.6 million
- Jpmorgan Betabuilders Japan ETF$4.2 million
- Ishares MSCI Australia ETF$4.1 million
- Ishares 3-7 Year Treasury Bond ETF$4.0 million
- Adobe SYS Inc Com$3.6 million
As of 2026-06-30, from 13F filing by Mount Lucas Management LP.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures