# Mount Lucas Index Advisers LLC

> Mount Lucas Index Advisers LLC is an SEC-registered investment advisory firm in Newtown, PA, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 310820
- Filed as: MOUNT LUCAS INDEX ADVISERS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Newtown, PA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/310820
- AdvisorCensus page: https://advisorcensus.com/firm/mount-lucas-index-advisers-llc-newtown-pa-310820

## Quick answers

**How is Mount Lucas Index Advisers LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Mount Lucas Index Advisers LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is Mount Lucas Index Advisers LLC located?**
Mount Lucas Index Advisers LLC's principal office is in Newtown, PA, according to its Form ADV.

**Is Mount Lucas Index Advisers LLC registered with the SEC or a state?**
Mount Lucas Index Advisers LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 310820.

**How much does Mount Lucas Index Advisers LLC manage?**
Mount Lucas Index Advisers LLC reports $170,299,594 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Mount Lucas Index Advisers LLC's assets and staff changed since 2021?**
In the Form ADV data for Mount Lucas Index Advisers LLC: Regulatory assets under management: $26,373,474 in the October 2021 data and $170,299,594 in the October 2026 data, up 546%. Total employees: 0 in October 2021 and 0 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Mount Lucas Index Advisers LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (1).

**Does Mount Lucas Index Advisers LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/310820

**What changed in Mount Lucas Index Advisers LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $334,271,917 to $170,299,594 (-49%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $170,299,594
- Discretionary: $170,299,594
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 1 | $170,299,594 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2020 (5 years)
- Employees: 0 total, 0 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $26,373,474 | 0 | January 7, 2021 |
| October 2022 | $31,783,221 | 0 | March 30, 2022 |
| October 2023 | $261,425,874 | 0 | May 16, 2023 |
| October 2024 | $260,148,605 | 0 | March 18, 2024 |
| October 2025 | $334,271,917 | 0 | March 21, 2025 |
| October 2026 | $170,299,594 | 0 | March 30, 2026 |

Regulatory assets under management: $26,373,474 in the October 2021 data and $170,299,594 in the October 2026 data, up 546%.
Total employees: 0 in October 2021 and 0 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $334,271,917 to $170,299,594 (-49%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mount Lucas Index Advisers LLC (CRD 310820): Form ADV filing data as of October 2026.