Mount Lucas Management LP's Q4 2024 13F: 7 new positions, 17 exits
Form 13F-HR for the quarter ended Dec 31, 2024 · filed Feb 7, 2025 · 135 reported positions · accession 0001140361-25-003529
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | INVESCO QQQ TRUST SERIES 1 (QQQ) | 8.9% | — | −8.9 pts | −53,283 sh | −100% |
| New | INVESCO S&P 500 PURE VALUE E (RPV) | — | 8.6% | +8.6 pts | +274K sh | new |
| Exited | ALIBABA GROUP HOLDING-SP ADR (BABA) | 7.2% | — | −7.2 pts | −200K sh | −100% |
| New | XTRACKERS HARVEST CSI 300 CH (ASHR) | — | 6.5% | +6.5 pts | +700K sh | new |
| Increased | ISHARES 1-3 YEAR TREASURY BO (SHY) | 0.9% | 5.7% | +4.8 pts | +166K sh | +518% |
| Increased | JD.COM INC-ADR (JD) | 2.7% | 4.8% | +2.1 pts | +200K sh | +100% |
| Increased | ISHARES 3-7 YEAR TREASURY BO (IEI) | 0.9% | 3.2% | +2.3 pts | +56,812 sh | +253% |
| Increased | KRANESHARES CSI CHINA INTERN (KWEB) | 16.0% | 15.3% | −0.7 pts | +123K sh | +9% |
| Reduced | ISHARES MSCI AUSTRALIA ETF (EWA) | 1.2% | 0.4% | −0.8 pts | −85,244 sh | −65% |
| Exited | INVESCO NASDAQ 100 ETF (QQQM) | 0.7% | — | −0.7 pts | −10,158 sh | −100% |
| New | ISHARES RUSSELL 1000 VALUE E (IWD) | — | 0.7% | +0.7 pts | +10,710 sh | new |
| Reduced | JPMORGAN BETABUILDERS JAPAN (BBJP) | 1.2% | 0.4% | −0.7 pts | −35,881 sh | −63% |
| Exited | VANGUARD GLBL EX-US REAL EST (VNQI) | 0.5% | — | −0.5 pts | −29,900 sh | −100% |
| Reduced | SPDR S&P INTER DVD ETF (DWX) | 0.9% | 0.4% | −0.5 pts | −35,897 sh | −54% |
| Reduced | ISHARES MORTGAGE REAL ESTATE (REM) | 0.9% | 0.5% | −0.4 pts | −46,876 sh | −41% |
| Exited | SOFI TECHNOLOGIES INC (SOFI) | 0.3% | — | −0.3 pts | −117K sh | −100% |
| Exited | ISHARES MSCI PHILIPPINES ETF (EPHE) | 0.3% | — | −0.3 pts | −30,997 sh | −100% |
| Exited | ISHARES MSCI INDONESIA ETF (EIDO) | 0.3% | — | −0.3 pts | −39,240 sh | −100% |
| Exited | ISHARES MSCI POLAND ETF (EPOL) | 0.3% | — | −0.3 pts | −34,769 sh | −100% |
| New | MARVELL TECHNOLOGY INC (MRVL) | — | 0.3% | +0.3 pts | +7,000 sh | new |
| Exited | ISHARES MSCI SWEDEN ETF (EWD) | 0.3% | — | −0.3 pts | −18,007 sh | −100% |
| New | CIENA CORP (CIEN) | — | 0.3% | +0.3 pts | +9,000 sh | new |
| Exited | ISHARES MSCI FRANCE ETF (EWQ) | 0.3% | — | −0.3 pts | −19,041 sh | −100% |
| Exited | RHEINMETALL AG-UNSP ADR (RNMBY) | 0.3% | — | −0.3 pts | −7,100 sh | −100% |
| Exited | ISHARES MSCI NETHERLANDS ETF (EWN) | 0.3% | — | −0.3 pts | −14,951 sh | −100% |
| Exited | SPDR FTSE INTERNATIONAL GOVE (WIP) | 0.3% | — | −0.3 pts | −18,698 sh | −100% |
| Exited | ISHARES MSCI SWITZERLAND ETF (EWL) | 0.3% | — | −0.3 pts | −14,368 sh | −100% |
| Exited | THALES SA - UNSP ADR (THLLY) | 0.2% | — | −0.2 pts | −22,800 sh | −100% |
| New | COHERENT CORP (COHR) | — | 0.2% | +0.2 pts | +6,500 sh | new |
| Reduced | GLOBAL X MSCI GREECE ETF (GREK) | 0.3% | 0.1% | −0.2 pts | −14,805 sh | −73% |
| Reduced | ISHARES MSCI AUSTRIA ETF (EWO) | 0.3% | 0.0% | −0.2 pts | −27,246 sh | −84% |
| Reduced | ISHARES MSCI SPAIN ETF (EWP) | 0.3% | 0.1% | −0.2 pts | −13,821 sh | −62% |
| Exited | ISHARES MSCI SOUTH KOREA ETF (EWY) | 0.1% | — | −0.1 pts | −6,832 sh | −100% |
| Increased | SCHWAB U.S. TIPS ETF (SCHP) | 0.1% | 0.3% | +0.1 pts | +15,209 sh | +109% |
| Reduced | ISHARES 7-10 YEAR TREASURY B (IEF) | 0.9% | 0.7% | −0.2 pts | −4,200 sh | −15% |
| Reduced | UNITED AIRLINES HOLDINGS INC (UAL) | 0.9% | 1.4% | +0.5 pts | −3,931 sh | −8% |
| Reduced | APPLOVIN CORP-CLASS A (APP) | 0.3% | 0.6% | +0.3 pts | −1,173 sh | −17% |
| Reduced | ISHARES MSCI UNITED KINGDOM (EWU) | 0.3% | 0.1% | −0.1 pts | −10,364 sh | −51% |
| Reduced | DELTA AIR LINES INC (DAL) | 1.0% | 1.1% | +0.1 pts | −5,776 sh | −10% |
| Reduced | ISHARES MSCI INDIA ETF (INDA) | 0.3% | 0.2% | −0.1 pts | −6,286 sh | −42% |
| Reduced | SYNCHRONY FINANCIAL (SYF) | 0.9% | 1.2% | +0.2 pts | −4,478 sh | −8% |
| Reduced | KINROSS GOLD CORP (KGC) | 0.6% | 0.5% | −0.1 pts | −30,957 sh | −17% |
| Exited | ISHARES MSCI CHILE ETF (ECH) | 0.1% | — | −0.1 pts | −10,681 sh | −100% |
| Reduced | HARTFORD FINANCIAL SVCS GRP (HIG) | 1.5% | 1.4% | −0.2 pts | −2,602 sh | −7% |
| Reduced | ROYAL CARIBBEAN CRUISES LTD (RCL) | 0.4% | 0.5% | 0.0 pts | −1,224 sh | −17% |
| Reduced | JPMORGAN CHASE & CO (JPM) | 1.1% | 1.2% | +0.1 pts | −1,062 sh | −7% |
| Reduced | PERMIAN RESOURCES CORP (PR) | 0.5% | 0.4% | 0.0 pts | −17,102 sh | −17% |
| Reduced | CARNIVAL CORP (CCL) | 0.4% | 0.4% | 0.0 pts | −9,776 sh | −17% |
| Reduced | TECHNIPFMC PLC (FTI) | 0.4% | 0.4% | 0.0 pts | −7,559 sh | −17% |
| Reduced | TENET HEALTHCARE CORP (THC) | 0.6% | 0.4% | −0.2 pts | −1,710 sh | −17% |
The 50 largest of 148 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
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- ARISTA NETWORKS INC (ANET): 040413106 → 040413205, 954 → 3,148 shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 50.2% of the equity book
Changes in the top 10 this quarter: RPV entered · ASHR entered · SHY entered · IEI entered · UAL entered · QQQ left · BABA left · EWA left · COST left · L left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | KRANESHARES CSI CHINA INTERN (KWEB) | 16.0% | 15.3% | |
| 2 | INVESCO S&P 500 PURE VALUE E (RPV) | 0.0% | 8.6% | Entered the top 10 |
| 3 | XTRACKERS HARVEST CSI 300 CH (ASHR) | 0.0% | 6.5% | Entered the top 10 |
| 4 | ISHARES 1-3 YEAR TREASURY BO (SHY) | 0.9% | 5.7% | Entered the top 10 |
| 5 | JD.COM INC-ADR (JD) | 2.7% | 4.8% | |
| 6 | ISHARES 3-7 YEAR TREASURY BO (IEI) | 0.9% | 3.2% | Entered the top 10 |
| 7 | AGNC INVESTMENT CORP (AGNC) | 1.8% | 1.7% | |
| 8 | ANNALY CAPITAL MANAGEMENT IN (NLY) | 1.8% | 1.7% | |
| 9 | UNITED AIRLINES HOLDINGS INC (UAL) | 0.9% | 1.4% | Entered the top 10 |
| 10 | HARTFORD FINANCIAL SVCS GRP (HIG) | 1.5% | 1.4% | |
| — | INVESCO QQQ TRUST SERIES 1 (QQQ) | 8.9% | 0.0% | Left the top 10 |
| — | ALIBABA GROUP HOLDING-SP ADR (BABA) | 7.2% | 0.0% | Left the top 10 |
| — | ISHARES MSCI AUSTRALIA ETF (EWA) | 1.2% | 0.4% | Left the top 10 |
| — | COSTCO WHOLESALE CORP (COST) | 1.2% | 1.2% | Left the top 10 |
| — | LOEWS CORP (L) | 1.2% | 1.2% | 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).