other names
{{ Info.Overview }}
Revenue {{ Info.Revenue | formatUSD }}
Headquarters {{ Info.Headquarters }}

Adviser Profile

As of Date 03/19/2024
Adviser Type - Large advisory firm
- An investment adviser (or subadviser) to an investment company
Number of Employees 14
of those in investment advisory functions 5
Registration SEC, Approved, 10/23/1986
AUM* 1,144,600,000 -6.00%
of that, discretionary 1,144,600,000 -6.00%
Private Fund GAV* 233,415,865 -3.56%
Avg Account Size 76,306,667 31.61%
% High Net Worth 6.45% 100.00%
SMA’s Yes
Private Funds 1
Contact Info 267 xxxxxxx
Websites

Client Types

- Investment companies
- Pooled investment vehicles
- State or municipal government entities
- Other

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
2B 1B 1B 950M 712M 475M 237M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$233,415,865

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM #Funds
Adviser HUDSON EXECUTIVE CAPITAL LP Hedge Fund1.1b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.1b AUM1.1b #Funds3
Adviser KARYA CAPITAL MANAGEMENT LP Hedge Fund3.7b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV3.7b AUM3.7b #Funds1
Adviser KINETIC PARTNERS MANAGEMENT, LP Hedge Fund1.6b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.6b AUM1.6b #Funds1
Adviser PRAESIDIUM INVESTMENT MANAGEMENT Hedge Fund148.1m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV148.1m AUM897.5m #Funds2
Adviser ASTIGNES CAPITAL ASIA PTE. LTD. Hedge Fund1.1b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.1b AUM1.1b #Funds3
Adviser QUANTITATIVE SYSTEMATIC STRATEGIES LLC Hedge Fund2.0m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV2.0m AUM2.0b #Funds1
Adviser ATOM INVESTORS LP Hedge Fund1.6b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.6b AUM1.7b #Funds1
Adviser PENSO ADVISORS, LLC Hedge Fund263.6m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV263.6m AUM890.0m #Funds5
Adviser BRILLIANCE ASSET MANAGEMENT LIMITED Hedge Fund746.8m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV746.8m AUM686.6m #Funds3
Adviser SCHWERIN BOYLE CAPITAL MANAGEMENT, INC Hedge Fund320.2m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV320.2m AUM1.1b #Funds1

Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck Ticker500767306 Stock NameKRANESHARES CSI CHINA INTERN $ Position$44,226,000 % Position15.00% $ Change1826.00% # Change1429.00%
Stck Ticker46090E103 Stock NameINVESCO QQQ TRUST SERIES 1 $ Position$26,005,834 % Position9.00% $ Change38.00% # Change36.00%
Stck Ticker01609W102 Stock NameALIBABA GROUP HOLDING-SP ADR $ Position$21,224,000 % Position7.00% $ Change # Change
Stck Ticker47215P106 Stock NameJD.COM INC-ADR $ Position$8,000,000 % Position3.00% $ Change # Change
Stck Ticker035710839 Stock NameANNALY CAPITAL MANAGEMENT IN $ Position$5,258,340 % Position2.00% $ Change9.00% # Change3.00%
Stck Ticker00123Q104 Stock NameAGNC INVESTMENT CORP $ Position$5,329,370 % Position2.00% $ Change14.00% # Change4.00%
Stck Ticker416515104 Stock NameHARTFORD FINANCIAL SVCS GRP $ Position$4,519,870 % Position2.00% $ Change-43.00% # Change-51.00%
Stck Ticker464288281 Stock NameISHARES JP MORGAN USD EMERGI $ Position$2,579,720 % Position1.00% $ Change9.00% # Change3.00%
Stck Ticker33939L662 Stock NameFLEXSHARES HIGH YIELD VALUE $ Position$1,805,303 % Position1.00% $ Change8.00% # Change5.00%
Stck Ticker464287440 Stock NameISHARES 7-10 YEAR TREASURY B $ Position$2,689,567 % Position1.00% $ Change1.00% # Change-4.00%

Brochure Summary

Overview

Firm Description Although its roots go back to 1986, Mount Lucas Management, LP (“Mount Lucas”) was reorganized as a Delaware limited partnership in December of 2010. It’s predecessor, Mount Lucas Management Corporation (the “Corporation”) was formed in 1986 to act as an investment manager to institutional investors and high net worth individuals. Mount Lucas is registered as an investment adviser with the SEC under the Investment Advisers Act of 1940, as amended. It is also registered as a commodity trading advisor and a commodity pool operator under the U.S. Commodity Exchange Act, as amended; and a member of the U.S. National Futures Association, a self-regulatory organization authorized by the U.S. Commodity Futures Trading Commission. The principal address of Mount Lucas is 405 South State Street, Newtown, Pennsylvania; telephone (267) 759-3500. Principal Owners Mount Lucas is managed by its general partner, MLM LLC (the “General Partner”), a Delaware limited liability company. The members and managers of the General Partner are Roger E. Alcaly, Paul R. DeRosa, Raymond E. Ix, Jr., Timothy J. Rudderow Sr., and Gerald Prior III. In order to recognize the contribution and efforts and broaden equity ownership of Mount Lucas, the firm added several long-term employees as partners in 2022. At the same time, the Corporation, which had been a principal owner of Mount Lucas, was closed in order to simplify the ownership structure. Mount Lucas is over 90% employee owned, and no person owns more than 25%. Types of Advisory Services We offer clients a range of investment products that include actively managed strategies and proprietary passive indices. Our long-term tenure in the investment industry attests to our commitment to diversification, liquidity, risk management, and transparency. Mount Lucas offers several distinct investment strategies:  Our global macro strategy, MLM Macro-Peak™, combines quantitative and discretionary trading across the world’s major asset classes.  Our large cap equity strategy, MLM Focused Equity™,
uses value and momentum criteria to select S&P 500 stocks.  Our diversified futures index strategy, the MLM Index™, is both an investable index and a widely recognized benchmark for managed futures performance.  Our quantitative liquid alternative strategy, MLM Symmetry , seeks to capture the investment premiums generated by assuming economic risks in global markets. In implementing a particular strategy, Mount Lucas invests in listed or unlisted equity securities, such as common stock, preferred stock or some convertible securities, commodities, futures, options, bonds (including rated and unrated corporate bonds and bonds issued by sovereign governments and their agencies) and currencies, primarily through exchange-traded, liquid instruments. Our strategies differ in terms of their asset class participation, investment approach, return objective, and risk threshold. Within each strategy, we offer customized products and programs that directly target the needs and objectives of our clients. Terms in respect of specific asset classes, limitations of the types of securities, futures contracts or instruments are specified in the respective advisory agreement for a managed account client and/or in the Confidential Offering Memorandum for a particular product managed by Mount Lucas. Mount Lucas provides portfolio management services to wrap fee programs, and receives a portion of the wrap fee. Wrap fee accounts are not managed differently than other advisory accounts. As of February 28, 2024, Mount Lucas had approximately U.S. $1.43 billion of assets under discretionary management. Tailored Relationships Our strategies differ in terms of their asset class participation, investment approach, return objective, and risk threshold. Within each strategy, we offer customized products and programs that directly target the needs and objectives of our clients. Terms in respect of specific asset classes, limitations of the types of securities, futures contracts or instruments are specified in the respective advisory agreement for a managed account client and/or in Confidential Offering Memorandum for a particular product managed by Mount Lucas.