-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 X0xjtWIQh5ikFOfPW7S0Ow==

<SEC-DOCUMENT>0001461674-10-000004.txt : 20101214
<SEC-HEADER>0001461674-10-000004.hdr.sgml : 20101214
<ACCEPTANCE-DATETIME>20101214140453
ACCESSION NUMBER:		0001461674-10-000004
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20101214
DATE AS OF CHANGE:		20101214
EFFECTIVENESS DATE:		20101214

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MLM US Focused Equity Fund, LLC
		CENTRAL INDEX KEY:			0001461674
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-130167
		FILM NUMBER:		101250199

	BUSINESS ADDRESS:	
		STREET 1:		C/O MOUNT LUCAS MANAGEMENT CORPORATION
		STREET 2:		47 HULFISH ST., SUITE 510
		CITY:			PRINCETON
		STATE:			NJ
		ZIP:			08542
		BUSINESS PHONE:		609-924-8868

	MAIL ADDRESS:	
		STREET 1:		C/O MOUNT LUCAS MANAGEMENT CORPORATION
		STREET 2:		47 HULFISH ST., SUITE 510
		CITY:			PRINCETON
		STATE:			NJ
		ZIP:			08542

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MLM Focused Equity Fund, LLC
		DATE OF NAME CHANGE:	20090408
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0704</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001461674</cik>
        <entityName>MLM US Focused Equity Fund, LLC</entityName>
        <issuerAddress>
            <street1>C/O MOUNT LUCAS MANAGEMENT CORPORATION</street1>
            <street2>47 HULFISH ST., SUITE 510</street2>
            <city>PRINCETON</city>
            <stateOrCountry>NJ</stateOrCountry>
            <stateOrCountryDescription>NEW JERSEY</stateOrCountryDescription>
            <zipCode>08542</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>609-924-8868</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>MLM Focused Equity Fund, LLC</previousName>
        </edgarPreviousNameList>
        <entityType>Limited Liability Company</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2007</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Timothy</firstName>
                <middleName>J.</middleName>
                <lastName>Rudderow</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Mount Lucas Management</street1>
                <street2>405 South State Street</street2>
                <city>Newtown</city>
                <stateOrCountry>PA</stateOrCountry>
                <stateOrCountryDescription>PENNSYLVANIA</stateOrCountryDescription>
                <zipCode>18940</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other Banking and Financial Services</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0001461674-09-000004</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2007-01-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Limited Liability Company Interests</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>1000000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>5000000000</totalOfferingAmount>
            <totalAmountSold>99685050</totalAmountSold>
            <totalRemaining>4900314950</totalRemaining>
            <clarificationOfResponse>The total offering amount of $5b is a target offering amount only; the actual offering amount may be larger or smaller.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>18</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>MLM US Focused Equity Fund, LLC</issuerName>
                <signatureName>/s/Timothy J Rudderow</signatureName>
                <nameOfSigner>Timothy J. Rudderow</nameOfSigner>
                <signatureTitle>Director</signatureTitle>
                <signatureDate>2010-12-14</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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