Mount Lucas Management LP's Q2 2024 13F: 46 new positions, 34 exits
Form 13F-HR for the quarter ended Jun 30, 2024 · filed Aug 6, 2024 · 154 reported positions · accession 0001140361-24-035864
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | INVESCO S&P 500 PURE VALUE E (RPV) | 6.6% | 2.0% | −4.5 pts | −153K sh | −69% |
| Increased | INVESCO QQQ TRUST SERIES 1 (QQQ) | 2.1% | 6.7% | +4.6 pts | +25,222 sh | +180% |
| Reduced | CARDINAL HEALTH INC (CAH) | 2.3% | 0.2% | −2.1 pts | −55,983 sh | −93% |
| Reduced | UNITED RENTALS INC (URI) | 2.4% | 0.9% | −1.4 pts | −5,728 sh | −58% |
| Increased | SYNCHRONY FINANCIAL (SYF) | 0.8% | 2.0% | +1.2 pts | +61,814 sh | +106% |
| New | T-MOBILE US INC (TMUS) | — | 1.0% | +1.0 pts | +16,481 sh | new |
| Exited | BOSTON SCIENTIFIC CORP (BSX) | 1.0% | — | −1.0 pts | −44,409 sh | −100% |
| Exited | AUTOZONE INC (AZO) | 1.0% | — | −1.0 pts | −952 sh | −100% |
| New | AMPHENOL CORP-CL A (APH) | — | 0.9% | +0.9 pts | +39,454 sh | new |
| Increased | REPUBLIC SERVICES INC (RSG) | 1.0% | 2.0% | +1.0 pts | +13,652 sh | +88% |
| Exited | O'REILLY AUTOMOTIVE INC (ORLY) | 0.9% | — | −0.9 pts | −2,482 sh | −100% |
| New | CINTAS CORP (CTAS) | — | 0.9% | +0.9 pts | +3,772 sh | new |
| New | TJX COMPANIES INC (TJX) | — | 0.9% | +0.9 pts | +23,955 sh | new |
| Exited | THE CIGNA GROUP (CI) | 0.9% | — | −0.9 pts | −7,633 sh | −100% |
| Reduced | MGM RESORTS INTERNATIONAL (MGM) | 1.1% | 0.2% | −0.9 pts | −58,409 sh | −85% |
| Increased | JPMORGAN CHASE & CO (JPM) | 1.1% | 2.0% | +1.0 pts | +12,700 sh | +81% |
| Increased | COSTCO WHOLESALE CORP (COST) | 1.0% | 2.2% | +1.1 pts | +3,009 sh | +72% |
| New | BROWN & BROWN INC (BRO) | — | 0.9% | +0.9 pts | +28,494 sh | new |
| Increased | HARTFORD FINANCIAL SVCS GRP (HIG) | 1.9% | 2.8% | +0.9 pts | +24,691 sh | +46% |
| Reduced | KRANESHARES CSI CHINA INTERN (KWEB) | 1.5% | 0.8% | −0.7 pts | −90,000 sh | −51% |
| Exited | AMERICAN AIRLINES GROUP INC (AAL) | 0.9% | — | −0.9 pts | −166K sh | −100% |
| New | TARGA RESOURCES CORP (TRGP) | — | 0.9% | +0.9 pts | +18,687 sh | new |
| Reduced | HCA HEALTHCARE INC (HCA) | 1.7% | 0.9% | −0.8 pts | −7,251 sh | −48% |
| New | DIAMONDBACK ENERGY INC (FANG) | — | 0.8% | +0.8 pts | +11,587 sh | new |
| Exited | MONSTER BEVERAGE CORP (MNST) | 0.8% | — | −0.8 pts | −40,059 sh | −100% |
| New | METLIFE INC (MET) | — | 0.8% | +0.8 pts | +31,481 sh | new |
| Exited | MCDONALD'S CORP (MCD) | 0.8% | — | −0.8 pts | −8,246 sh | −100% |
| Reduced | FORD MOTOR CO (F) | 1.6% | 0.8% | −0.8 pts | −175K sh | −48% |
| New | UNIVERSAL HEALTH SERVICES-B (UHS) | — | 0.8% | +0.8 pts | +11,757 sh | new |
| New | AMERICAN INTERNATIONAL GROUP (AIG) | — | 0.8% | +0.8 pts | +29,170 sh | new |
| Exited | LAMB WESTON HOLDINGS INC (LW) | 0.8% | — | −0.8 pts | −21,288 sh | −100% |
| Increased | LOEWS CORP (L) | 1.7% | 2.5% | +0.8 pts | +28,516 sh | +43% |
| Exited | TAPESTRY INC (TPR) | 0.8% | — | −0.8 pts | −47,488 sh | −100% |
| New | CHUBB LTD (CB) | — | 0.7% | +0.7 pts | +8,277 sh | new |
| Increased | DAVITA INC (DVA) | 0.9% | 1.7% | +0.8 pts | +15,104 sh | +79% |
| Increased | ASSURANT INC (AIZ) | 0.8% | 1.5% | +0.7 pts | +12,529 sh | +102% |
| Increased | ARCH CAPITAL GROUP LTD (ACGL) | 1.2% | 2.1% | +0.9 pts | +19,995 sh | +52% |
| Exited | JM SMUCKER CO/THE (SJM) | 0.7% | — | −0.7 pts | −15,913 sh | −100% |
| Exited | EQT CORP (EQT) | 0.6% | — | −0.6 pts | −51,918 sh | −100% |
| Reduced | PULTEGROUP INC (PHM) | 2.3% | 1.6% | −0.7 pts | −15,748 sh | −28% |
| Reduced | MONDELEZ INTERNATIONAL INC-A (MDLZ) | 0.7% | 0.1% | −0.6 pts | −26,303 sh | −84% |
| Exited | HERSHEY CO/THE (HSY) | 0.6% | — | −0.6 pts | −8,949 sh | −100% |
| Exited | HUMANA INC (HUM) | 0.5% | — | −0.5 pts | −4,646 sh | −100% |
| Exited | BAIDU INC - SPON ADR (BIDU) | 0.5% | — | −0.5 pts | −15,000 sh | −100% |
| New | WR BERKLEY CORP (WRB) | — | 0.5% | +0.5 pts | +27,503 sh | new |
| Reduced | PACCAR INC (PCAR) | 2.6% | 1.8% | −0.8 pts | −13,982 sh | −22% |
| Exited | BORGWARNER INC (BWA) | 0.5% | — | −0.5 pts | −40,140 sh | −100% |
| Exited | UBER TECHNOLOGIES INC (UBER) | 0.5% | — | −0.5 pts | −17,826 sh | −100% |
| Reduced | ISHARES RUSSELL 1000 VALUE E (IWD) | 0.5% | 0.2% | −0.3 pts | −5,909 sh | −68% |
| Increased | INVESCO NASDAQ 100 ETF (QQQM) | 0.2% | 0.6% | +0.4 pts | +5,159 sh | +188% |
The 50 largest of 188 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 26.3% of the equity book
Changes in the top 10 this quarter: COST entered · ACGL entered · JPM entered · SYF entered · RSG entered · PCAR left · URI left · PHM left · CAH left · UAL left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | INVESCO QQQ TRUST SERIES 1 (QQQ) | 2.1% | 6.7% | |
| 2 | HARTFORD FINANCIAL SVCS GRP (HIG) | 1.9% | 2.8% | |
| 3 | LOEWS CORP (L) | 1.7% | 2.5% | |
| 4 | COSTCO WHOLESALE CORP (COST) | 1.0% | 2.2% | Entered the top 10 |
| 5 | ARCH CAPITAL GROUP LTD (ACGL) | 1.2% | 2.1% | Entered the top 10 |
| 6 | INVESCO S&P 500 PURE VALUE E (RPV) | 6.6% | 2.0% | |
| 7 | JPMORGAN CHASE & CO (JPM) | 1.1% | 2.0% | Entered the top 10 |
| 8 | SYNCHRONY FINANCIAL (SYF) | 0.8% | 2.0% | Entered the top 10 |
| 9 | REPUBLIC SERVICES INC (RSG) | 1.0% | 2.0% | Entered the top 10 |
| 10 | DELTA AIR LINES INC (DAL) | 2.0% | 1.9% | |
| — | PACCAR INC (PCAR) | 2.6% | 1.8% | Left the top 10 |
| — | UNITED RENTALS INC (URI) | 2.4% | 0.9% | Left the top 10 |
| — | PULTEGROUP INC (PHM) | 2.3% | 1.6% | Left the top 10 |
| — | CARDINAL HEALTH INC (CAH) | 2.3% | 0.2% | Left the top 10 |
| — | UNITED AIRLINES HOLDINGS INC (UAL) | 1.8% | 1.7% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).