# Liberty Mutual Group Asset Management Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1533497. Source: https://holderbook.com/funds/1533497-liberty-mutual-group-asset-management-inc/

- Reported value: $1.1B
- Positions: 39
- Weight of the ten largest: 80.6%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| SSGA ACTIVE ETF TR | [SRLN](https://holderbook.com/stocks/SRLN/) | $189.4M | 4,699,823 | 16.5% | 4 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $135.5M | 197,323 | 11.8% | 3 |
| FERVO ENERGY CO | [FRVO](https://holderbook.com/stocks/FRVO/) | $113.4M | 3,880,626 | 9.9% | 1 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $111.8M | 1,182,507 | 9.8% | 3 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $85.7M | 1,071,233 | 7.5% | 5 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $83.7M | 112,093 | 7.3% | 2 |
| QXO INC | [QXO](https://holderbook.com/stocks/QXO/) | $70.6M | 4,082,787 | 6.2% | 8 |
| ISHARES TR | [USHY](https://holderbook.com/stocks/USHY/) | $55.0M | 1,485,000 | 4.8% | 3 |
| CRESCENT ENERGY COMPANY | [CRGY](https://holderbook.com/stocks/CRGY/) | $41.8M | 4,254,746 | 3.6% | 11 |
| ISHARES TR | [USIG](https://holderbook.com/stocks/USIG/) | $36.7M | 714,850 | 3.2% | 2 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $29.5M | 188,000 | 2.6% | 1 |
| BLUE OWL CAPITAL CORPORATION | [OBDC](https://holderbook.com/stocks/OBDC/) | $29.0M | 2,669,872 | 2.5% | 3 |
| KARDIGAN INC | [KARD](https://holderbook.com/stocks/KARD/) | $28.5M | 1,196,411 | 2.5% | 1 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $27.2M | 275,000 | 2.4% | 1 |
| INVESCO EXCH TRADED FD TR II | [BKLN](https://holderbook.com/stocks/BKLN/) | $25.0M | 1,225,000 | 2.2% | 2 |
| OFFICE PPTYS INCOME TR | - | $22.3M | 1,311,341 | 1.9% | 1 |
| UBER TECHNOLOGIES INC | - | $13.2M | 11,000,000 | 1.1% | 1 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $8.4M | 85,047 | 0.7% | 3 |
| AFFIRM HLDGS INC | [AFRM](https://holderbook.com/stocks/AFRM/) | $5.7M | 69,374 | 0.5% | 13 |
| ARES CAPITAL CORP | [ARCC](https://holderbook.com/stocks/ARCC/) | $5.0M | 267,446 | 0.4% | 3 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $3.7M | 14,148 | 0.3% | 1 |
| NINE ENERGY SERVICE INC | [NINE](https://holderbook.com/stocks/NINE/) | $3.7M | 281,184 | 0.3% | 2 |
| NAVAN INC | [NAVN](https://holderbook.com/stocks/NAVN/) | $3.4M | 148,227 | 0.3% | 1 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $3.3M | 33,367 | 0.3% | 1 |
| MORGAN STANLEY DIRECT LENDIN | [MSDL](https://holderbook.com/stocks/MSDL/) | $3.1M | 204,770 | 0.3% | 3 |
| KORE GROUP HLDGS INC | [KORE](https://holderbook.com/stocks/KORE/) | $2.9M | 319,600 | 0.3% | 8 |
| SUMMIT MIDSTREAM CORPORATION | [SMC](https://holderbook.com/stocks/SMC/) | $2.4M | 84,840 | 0.2% | 8 |
| SERVICETITAN INC | [TTAN](https://holderbook.com/stocks/TTAN/) | $1.7M | 23,365 | 0.1% | 1 |
| NEBIUS GROUP N.V. | [NBIS](https://holderbook.com/stocks/NBIS/) | $1.5M | 5,543 | 0.1% | 1 |
| FIGMA INC | [FIG](https://holderbook.com/stocks/FIG/) | $1.1M | 60,241 | 0.1% | 1 |
| CIRCLE INTERNET GROUP INC | [CRCL](https://holderbook.com/stocks/CRCL/) | $544.5K | 8,694 | 0.0% | 3 |
| PLANET LABS PBC | [PL](https://holderbook.com/stocks/PL/) | $225.9K | 6,819 | 0.0% | 2 |
| BLEND LABS INC | [BLND](https://holderbook.com/stocks/BLND/) | $197.7K | 115,621 | 0.0% | 1 |
| RUBRIK INC. | [RBRK](https://holderbook.com/stocks/RBRK/) | $196.5K | 2,448 | 0.0% | 3 |
| OPENDOOR TECHNOLOGIES INC | [OPEN](https://holderbook.com/stocks/OPEN/) | $192.7K | 41,711 | 0.0% | 20 |
| RHYTHM PHARMACEUTICALS INC | [RYTM](https://holderbook.com/stocks/RYTM/) | $97.7K | 880 | 0.0% | 2 |
| GCT SEMICONDUCTOR HLDG INC | [GCTSWS](https://holderbook.com/stocks/GCTSWS/) | $61.2K | 125,000 | 0.0% | 10 |
| ANTERO MIDSTREAM CORP | [AM](https://holderbook.com/stocks/AM/) | $0 | 32,312 | 0.0% | 1 |
| RILEY EXPLORATION PERMIAN IN | [REPX](https://holderbook.com/stocks/REPX/) | $0 | 13,599 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | -8.6% | +14.8% | -23.4% | 100% |
| Q1 2026 | +17.5% | -4.6% | +22.1% | 100% |
| Q4 2025 | +5.2% | +2.4% | +2.9% | 100% |
| Q3 2025 | +0.9% | +7.8% | -6.9% | 100% |
| Q2 2025 | +18.3% | +10.5% | +7.9% | 95% |
| Q1 2025 | -4.5% | -4.6% | +0.1% | 100% |
| Q4 2024 | -2.0% | +2.1% | -4.1% | 100% |
| Q3 2024 | +4.3% | +5.4% | -1.1% | 86% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.1B | 39 |
| Q1 2026 | $1.2B | 26 |
| Q4 2025 | $1.1B | 27 |
| Q3 2025 | $314.5M | 11 |
| Q2 2025 | $460.6M | 18 |
| Q1 2025 | $301.0M | 14 |
| Q4 2024 | $420.1M | 13 |
| Q3 2024 | $660.1M | 49 |
| Q2 2024 | $679.4M | 118 |
| Q1 2024 | $351.0M | 119 |
| Q4 2023 | $345.7M | 113 |
| Q3 2023 | $360.3M | 110 |