Mount Lucas Management L.P. 13F annual report
Mount Lucas Management L.P. is an investment fund managing more than $282 billion ran by Timothy Rudderow. There are currently 154 companies in Mr. Rudderow’s portfolio. The largest investments include Invesco Qqq Trust Series 1 and Hartford Financial Svcs Grp, together worth $26.7 billion.
$282 billion Assets Under Management (AUM)
As of 30th July 2024, Mount Lucas Management L.P.’s top holding is 39,268 shares of Invesco Qqq Trust Series 1 currently worth over $18.8 billion and making up 6.7% of the portfolio value.
In addition, the fund holds 78,481 shares of Hartford Financial Svcs Grp worth $7.89 billion.
The third-largest holding is Loews worth $7.07 billion and the next is Costco Wholesale Corp worth $6.11 billion, with 7,192 shares owned.
Currently, Mount Lucas Management L.P.'s portfolio is worth at least $282 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Mount Lucas Management L.P.
The Mount Lucas Management L.P. office and employees reside in Newtown, Pennsylvania. According to the last 13-F report filed with the SEC, Timothy Rudderow serves as the Chief Investment Officer at Mount Lucas Management L.P..
Recent trades
In the most recent 13F filing, Mount Lucas Management L.P. revealed that it had opened a new position in
T-Mobile US and bought 16,481 shares worth $2.9 billion.
This means they effectively own approximately 0.1% of the company.
T-Mobile US makes up
50.6%
of the fund's Miscellaneous sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Invesco Qqq Trust Series 1 by buying
25,222 additional shares.
This makes their stake in Invesco Qqq Trust Series 1 total 39,268 shares worth $18.8 billion.
On the other hand, there are companies that Mount Lucas Management L.P. is getting rid of from its portfolio.
Mount Lucas Management L.P. closed its position in Boston Scientific on 6th August 2024.
It sold the previously owned 44,409 shares for $3.04 billion.
Timothy Rudderow also disclosed a decreased stake in Invesco S&p 500 Pure Value E by 0.7%.
This leaves the value of the investment at $5.76 billion and 69,108 shares.
One of the smaller hedge funds
The two most similar investment funds to Mount Lucas Management L.P. are Venbio Partners and Shoker Investment Counsel. They manage $282 billion and $282 billion respectively.
Timothy Rudderow investment strategy
Mount Lucas Management L.P.’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Finance — making up 17.5% of
the total portfolio value.
The fund focuses on investments in the United States as
47.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
37% of the total holdings value.
On the other hand, small-cap stocks make up only 3.9% of the portfolio.
The average market cap of the portfolio companies is close to $90.3 billion.
The complete list of Mount Lucas Management L.P. trades based on 13F SEC filings
These positions were updated on August 6th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Invesco Qqq Trust Series 1 |
179.57%
39,268
|
$18,813,691,000 | 6.68% |
| Hartford Financial Svcs Grp |
45.90%
78,481
|
$7,890,480,000 | 2.80% |
| Loews Corp. |
43.15%
94,603
|
$7,070,628,000 | 2.51% |
| Costco Wholesale Corp |
71.93%
7,192
|
$6,113,128,000 | 2.17% |
| Arch Capital Group Ltd |
52.06%
58,403
|
$5,892,279,000 | 2.09% |
| Invesco S&p 500 Pure Value E |
68.89%
69,108
|
$5,764,989,000 | 2.05% |
| JPMorgan Chase & Co. |
80.86%
28,406
|
$5,745,398,000 | 2.04% |
| Synchrony Financial |
105.88%
120,197
|
$5,672,096,000 | 2.01% |
| Republic Services, Inc. |
88.13%
29,143
|
$5,663,651,000 | 2.01% |
| Delta Air Lines, Inc. |
10.23%
114,580
|
$5,435,675,000 | 1.93% |
| Paccar Inc. |
22.10%
49,293
|
$5,074,221,000 | 1.80% |
| United Airlines Holdings Inc |
8.14%
100,832
|
$4,906,485,000 | 1.74% |
| Annaly Capital Management In |
0.41%
254,000
|
$4,841,240,000 | 1.72% |
| DaVita Inc |
79.37%
34,133
|
$4,729,810,000 | 1.68% |
| AGNC Investment Corp. |
1.04%
492,000
|
$4,693,680,000 | 1.67% |
| Everest Group Ltd |
3.40%
12,286
|
$4,681,212,000 | 1.66% |
| PulteGroup Inc |
27.83%
40,830
|
$4,495,383,000 | 1.59% |
| Assurant Inc |
102.22%
24,786
|
$4,120,673,000 | 1.46% |
| Ishares 1-3 Year Treasury Bo |
19.55%
47,767
|
$3,900,176,000 | 1.38% |
| Ishares 3-7 Year Treasury Bo |
20.09%
28,503
|
$3,291,241,000 | 1.17% |
| Ishares Msci Australia Etf |
5.53%
131,533
|
$3,213,351,000 | 1.14% |
| Jpmorgan Betabuilders Japan |
4.48%
56,215
|
$3,172,212,000 | 1.13% |
| Simplify Mbs Etf |
1.38%
61,500
|
$3,097,140,000 | 1.10% |
| Boston Scientific Corp. |
Closed
44,409
|
$3,041,572,000 | |
| Autozone Inc. |
Closed
952
|
$3,000,371,000 | |
| T-Mobile US, Inc. |
Opened
16,481
|
$2,903,623,000 | 1.03% |
| Copart, Inc. |
1.02%
52,173
|
$2,825,690,000 | 1.00% |
| O'reilly Automotive Inc |
Closed
2,482
|
$2,801,880,000 | |
| Cigna Group (The) |
Closed
7,633
|
$2,772,229,000 | |
| Ishares 7-10 Year Treasury B |
20.97%
28,515
|
$2,670,430,000 | 0.95% |
| Arthur J. Gallagher & Co. |
0.93%
10,293
|
$2,669,078,000 | 0.95% |
| Amphenol Corp. |
Opened
39,454
|
$2,658,016,000 | 0.94% |
| United Rentals, Inc. |
58.35%
4,088
|
$2,643,832,000 | 0.94% |
| Cintas Corporation |
Opened
3,772
|
$2,641,381,000 | 0.94% |
| TJX Companies, Inc. |
Opened
23,955
|
$2,637,446,000 | 0.94% |
| Wells Fargo & Co. |
1.02%
44,271
|
$2,629,255,000 | 0.93% |
| Roper Technologies Inc |
0.90%
4,621
|
$2,604,673,000 | 0.92% |
| Broadridge Financial Solutio |
0.57%
13,074
|
$2,575,578,000 | 0.91% |
| Mckesson Corporation |
7.75%
4,383
|
$2,559,847,000 | 0.91% |
| American Airlines Group Inc |
Closed
166,345
|
$2,553,396,000 | |
| Brown & Brown, Inc. |
Opened
28,494
|
$2,547,649,000 | 0.90% |
| Visa Inc-class A Shares |
0.86%
9,705
|
$2,547,271,000 | 0.90% |
| HCA Healthcare Inc |
47.98%
7,861
|
$2,525,582,000 | 0.90% |
| Spdr Bloomberg Convertible S |
4.01%
34,900
|
$2,514,894,000 | 0.89% |
| Invesco Senior Loan Etf |
4.07%
118,908
|
$2,501,824,000 | 0.89% |
| Bank Of New York Mellon Corp |
0.88%
41,680
|
$2,496,215,000 | 0.89% |
| Ishares Preferred & Income S |
2.69%
79,058
|
$2,494,280,000 | 0.88% |
| Targa Resources Corp |
Opened
18,687
|
$2,406,512,000 | 0.85% |
| Invesco S&p 500 Buywrite Etf |
3.73%
108,158
|
$2,396,781,000 | 0.85% |
| Ford Motor Co. |
47.92%
190,086
|
$2,383,678,000 | 0.85% |
| Monster Beverage Corp. |
Closed
40,059
|
$2,374,698,000 | |
| CME Group Inc |
0.75%
12,061
|
$2,371,193,000 | 0.84% |
| Cboe Global Markets Inc. |
0.93%
13,893
|
$2,362,644,000 | 0.84% |
| Ishares Jp Morgan Usd Emergi |
4.92%
26,654
|
$2,358,346,000 | 0.84% |
| Vanguard High Dvd Yield Etf |
7.59%
19,839
|
$2,352,905,000 | 0.83% |
| Ishares J.p. Morgan Em High |
5.73%
63,365
|
$2,347,673,000 | 0.83% |
| Spdr S&p Inter Dvd Etf |
5.39%
67,803
|
$2,334,457,000 | 0.83% |
| Mcdonald's Corp |
Closed
8,246
|
$2,324,960,000 | |
| Diamondback Energy Inc |
Opened
11,587
|
$2,319,602,000 | 0.82% |
| Kraneshares Csi China Intern |
51.43%
85,000
|
$2,296,700,000 | 0.81% |
| Lamb Weston Holdings Inc |
Closed
21,288
|
$2,267,811,000 | |
| Tapestry Inc |
Closed
47,488
|
$2,254,730,000 | |
| General Motors Company |
17.79%
48,256
|
$2,241,974,000 | 0.80% |
| Ishares Mortgage Real Estate |
14.13%
100,483
|
$2,226,703,000 | 0.79% |
| MetLife, Inc. |
Opened
31,481
|
$2,209,651,000 | 0.78% |
| Universal Health Services-b |
Opened
11,757
|
$2,174,222,000 | 0.77% |
| American International Group Inc |
Opened
29,170
|
$2,165,581,000 | 0.77% |
| Lennar Corp-a |
18.39%
14,317
|
$2,145,689,000 | 0.76% |
| Chubb Ltd |
Opened
8,277
|
$2,111,297,000 | 0.75% |
| Jm Smucker Co/the |
Closed
15,913
|
$2,002,969,000 | |
| Celanese Corp |
1.18%
14,379
|
$1,939,583,000 | 0.69% |
| EQT Corp |
Closed
51,918
|
$1,924,600,000 | |
| Comcast Corp-class A |
0.88%
48,523
|
$1,900,161,000 | 0.67% |
| Hershey Co/the |
Closed
8,949
|
$1,740,581,000 | |
| Ishares 0-5 Yr Hy Corp Bond |
3.51%
39,677
|
$1,674,369,000 | 0.59% |
| Spdr Bloomberg High Yield Bo |
3.70%
17,743
|
$1,672,633,000 | 0.59% |
| Flexshares High Yield Value |
2.86%
41,399
|
$1,672,520,000 | 0.59% |
| Ishares Us&intl High Yield C |
4.15%
38,054
|
$1,663,340,000 | 0.59% |
| Ishares Fallen Angels Etf |
3.55%
63,322
|
$1,658,403,000 | 0.59% |
| Charter Communications Inc-a |
1.53%
5,480
|
$1,638,301,000 | 0.58% |
| Humana Inc. |
Closed
4,646
|
$1,610,861,000 | |
| Permian Resources Corp |
94.78%
98,880
|
$1,596,912,000 | 0.57% |
| Baidu Inc - Spon Adr |
Closed
15,000
|
$1,579,200,000 | |
| Invesco NASDAQ 100 ETF |
188.28%
7,899
|
$1,556,972,000 | 0.55% |
| Kinross Gold Corp. |
134.71%
174,893
|
$1,455,110,000 | 0.52% |
| Wr Berkley Corp |
Opened
27,503
|
$1,440,791,000 | 0.51% |
| BorgWarner Inc |
Closed
40,140
|
$1,394,464,000 | |
| Uber Technologies Inc |
Closed
17,826
|
$1,372,424,000 | |
| Tenet Healthcare Corp. |
61.03%
9,557
|
$1,271,368,000 | 0.45% |
| Vanguard Glbl Ex-us Real Est |
7.44%
29,936
|
$1,214,504,000 | 0.43% |
| Vanguard Real Estate Etf |
10.51%
13,711
|
$1,148,433,000 | 0.41% |
| TechnipFMC plc |
90.51%
42,518
|
$1,111,846,000 | 0.39% |
| Royal Caribbean Cruises Ltd |
21.13%
6,891
|
$1,098,632,000 | 0.39% |
| Carnival Corp. |
8.33%
54,619
|
$1,022,468,000 | 0.36% |
| DraftKings Inc. |
17.25%
25,673
|
$979,938,000 | 0.35% |
| Ishares Msci Mexico Etf |
Closed
12,763
|
$884,604,000 | |
| Ishares Msci South Africa Et |
Opened
19,912
|
$862,588,000 | 0.31% |
| Ishares Msci Taiwan Etf |
11.81%
15,849
|
$858,857,000 | 0.30% |
| Ishares Msci India Etf |
7.56%
15,045
|
$839,210,000 | 0.30% |
| Ishares Msci Philippines Etf |
Closed
30,322
|
$837,797,000 | |
| Ishares Msci Brazil Etf |
Closed
25,224
|
$817,762,000 | |
| NVIDIA Corp |
1,336.24%
6,578
|
$812,646,000 | 0.29% |
| Ishares Msci Turkey Etf |
14.17%
19,062
|
$800,985,000 | 0.28% |
| Vertiv Holdings Co-a |
1.95%
9,188
|
$795,405,000 | 0.28% |
| Ishares Msci Malaysia Etf |
8.16%
35,190
|
$790,367,000 | 0.28% |
| Ishares Msci Poland Etf |
9.94%
32,169
|
$789,106,000 | 0.28% |
| Ishares China Large-cap Etf |
Opened
30,028
|
$780,428,000 | 0.28% |
| Global X Msci Greece Etf |
6.42%
19,422
|
$772,413,000 | 0.27% |
| Ishares Msci South Korea Etf |
10.64%
11,605
|
$766,974,000 | 0.27% |
| Ishares Msci Peru And Global |
21.65%
18,559
|
$746,629,000 | 0.26% |
| Apollo Global Management Inc |
Closed
6,562
|
$737,897,000 | |
| Thales Sa - Unsp Adr |
Opened
22,800
|
$725,724,000 | 0.26% |
| Spdr Ftse International Gove |
Closed
18,113
|
$724,158,000 | |
| Rheinmetall Ag-unsp Adr |
Opened
7,100
|
$721,573,000 | 0.26% |
| Ishares Msci Switzerland Etf |
7.18%
14,674
|
$707,434,000 | 0.25% |
| Ishares Msci Netherlands Etf |
9.83%
13,979
|
$702,165,000 | 0.25% |
| Ishares National Muni Bond E |
2.01%
6,575
|
$700,566,000 | 0.25% |
| Schwab U.s. Tips Etf |
3.75%
13,435
|
$698,754,000 | 0.25% |
| Ishares Iboxx Investment Gra |
3.31%
6,512
|
$697,565,000 | 0.25% |
| Ishares 1-5y Inv Grade Corp |
4.12%
13,607
|
$697,223,000 | 0.25% |
| Spdr Bloomberg Investment Gr |
4.18%
22,572
|
$696,346,000 | 0.25% |
| Ishares Msci United Kingdom |
12.22%
19,838
|
$691,949,000 | 0.25% |
| Ishares Msci Germany Etf |
6.57%
22,568
|
$691,032,000 | 0.25% |
| Ishares Msci Sweden Etf |
8.45%
17,136
|
$689,724,000 | 0.24% |
| Ishares Msci Austria Etf |
12.66%
31,312
|
$684,199,000 | 0.24% |
| Ishares Msci Italy Etf |
10.30%
18,632
|
$667,957,000 | 0.24% |
| Ishares Msci Spain Etf |
15.58%
21,352
|
$666,823,000 | 0.24% |
| Jabil Inc |
Closed
4,951
|
$663,186,000 | |
| Ishares Msci France Etf |
5.86%
17,329
|
$654,690,000 | 0.23% |
| Hyatt Hotels Corp - Cl A |
Closed
3,985
|
$636,086,000 | |
| Utilities Select Sector Spdr |
60.53%
9,227
|
$628,728,000 | 0.22% |
| Ishares Msci Indonesia Etf |
Closed
26,586
|
$598,983,000 | |
| Applovin Corp-class A |
Opened
6,559
|
$545,840,000 | 0.19% |
| Burlington Stores Inc |
Opened
2,212
|
$530,880,000 | 0.19% |
| Prudential Financial, Inc. |
Opened
4,439
|
$520,206,000 | 0.18% |
| Coupang, Inc. |
Closed
29,178
|
$519,077,000 | |
| Reinsurance Group Of America, Inc. |
Opened
2,520
|
$517,280,000 | 0.18% |
| First Citizens Bcshs -cl A |
1.60%
307
|
$516,868,000 | 0.18% |
| Comfort Systems USA, Inc. |
Opened
1,684
|
$512,138,000 | 0.18% |
| Progressive Corp. |
Opened
2,434
|
$505,566,000 | 0.18% |
| Allstate Corp (The) |
Opened
3,140
|
$501,332,000 | 0.18% |
| Emcor Group, Inc. |
Opened
1,354
|
$494,318,000 | 0.18% |
| KKR & Co. Inc |
Opened
4,604
|
$484,525,000 | 0.17% |
| Ishares Russell 1000 Value E |
68.15%
2,762
|
$481,886,000 | 0.17% |
| Wynn Resorts Ltd. |
Closed
4,521
|
$462,182,000 | |
| MGM Resorts International |
85.17%
10,172
|
$452,044,000 | 0.16% |
| Cardinal Health, Inc. |
92.71%
4,401
|
$432,706,000 | 0.15% |
| Las Vegas Sands Corp |
Closed
8,012
|
$414,220,000 | |
| Norwegian Cruise Line Holdin |
56.21%
21,539
|
$404,718,000 | 0.14% |
| Gxo Logistics Inc |
1.93%
7,154
|
$361,277,000 | 0.13% |
| Arista Networks Inc |
61.80%
932
|
$326,647,000 | 0.12% |
| Mondelez International Inc-a |
84.17%
4,948
|
$323,797,000 | 0.11% |
| Automatic Data Processing Inc. |
Opened
1,339
|
$319,606,000 | 0.11% |
| Phinia Inc |
Closed
8,131
|
$312,474,000 | |
| Microsoft Corporation |
Opened
672
|
$300,350,000 | 0.11% |
| Vertex Pharmaceuticals, Inc. |
Opened
640
|
$299,981,000 | 0.11% |
| Trade Desk Inc/the -class A |
Closed
3,143
|
$274,761,000 | |
| Duolingo, Inc. |
Opened
1,308
|
$272,940,000 | 0.10% |
| Super Micro Computer Inc |
Opened
331
|
$271,205,000 | 0.10% |
| Warner Bros.Discovery Inc |
1.93%
35,771
|
$266,136,000 | 0.09% |
| Shockwave Medical Inc. |
Closed
805
|
$262,132,000 | |
| Elastic Nv |
Opened
2,273
|
$258,917,000 | 0.09% |
| Crowdstrike Holdings Inc - A |
Opened
659
|
$252,522,000 | 0.09% |
| Woodward Inc |
Opened
1,402
|
$244,481,000 | 0.09% |
| Ishares Msci Chile Etf |
Opened
9,418
|
$243,644,000 | 0.09% |
| Amazon.com Inc. |
Opened
1,245
|
$240,596,000 | 0.09% |
| Howmet Aerospace Inc. |
Opened
3,049
|
$236,694,000 | 0.08% |
| Fortinet Inc |
Closed
3,456
|
$236,079,000 | |
| Doordash Inc - A |
1.95%
2,158
|
$234,747,000 | 0.08% |
| Sarepta Therapeutics Inc |
Closed
1,810
|
$234,323,000 | |
| HubSpot Inc |
1.99%
394
|
$232,377,000 | 0.08% |
| Datadog Inc |
2.03%
1,786
|
$231,626,000 | 0.08% |
| MercadoLibre Inc |
73.46%
138
|
$226,789,000 | 0.08% |
| MongoDB Inc |
Closed
628
|
$225,226,000 | |
| Gilead Sciences, Inc. |
Opened
3,089
|
$211,936,000 | 0.08% |
| Confluent Inc-class A |
Closed
6,729
|
$205,369,000 | |
| Zscaler Inc |
1.98%
989
|
$190,076,000 | 0.07% |
| Applied Materials Inc. |
Opened
773
|
$182,420,000 | 0.06% |
| Meta Platforms Inc |
Opened
339
|
$170,931,000 | 0.06% |
| Tellurian Inc |
2.80%
243,000
|
$168,302,000 | 0.06% |
| Oracle Corp. |
Opened
1,165
|
$164,498,000 | 0.06% |
| Qualcomm, Inc. |
Opened
783
|
$155,958,000 | 0.06% |
| Snowflake Inc. |
55.87%
1,101
|
$148,734,000 | 0.05% |
| Micron Technology Inc. |
Opened
986
|
$129,689,000 | 0.05% |
| Coca-cola Co/the |
Opened
600
|
$38,190,000 | 0.01% |
| Broadcom Inc |
Opened
174
|
$27,936,000 | 0.01% |
| Alphabet Inc |
Opened
100
|
$18,215,000 | 0.01% |
| Netflix Inc. |
Opened
12
|
$8,099,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 188 holdings | |||
Hedge funds similar to Mount Lucas Management L.P.
- Aa Advisors
- Bruce & Co
- Aubrey Capital Management Ltd
- Sentinus
- Freedom Day Solutions
- Shoker Investment Counsel
- Venbio Partners
- Thomas J. Herzfeld Advisors
- Rezny Wealth Management
- Mayport
- Robinson Capital Management
- Quaker Capital Investments
- Neumann Capital Management
- Corecommodity Management