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
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