Liberty Mutual Group Asset Management Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), Liberty Mutual Group Asset Management Inc. reported 15 stock positions worth $301.0 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 47.7% of the portfolio, followed by Wisdomtree Japan Hedged Eq (DXJ, 25.6%) and Qxo (QXO, 18.4%). Compared with Q4 2024, it opened 4 new positions, sold out of 3 and added to 1. The biggest buy was Wisdomtree Japan Hedged Eq (DXJ, shares +3%) and the biggest sale an exit from Invesco Senior Loan ETF (BKLN).

Most Recent 13F
Q2 2026
Location
Boston, MA
CIK
0001533497
Portfolio Value
$301.0M (Q1 2025)
SEC Filing
0000950123-25-004308 ↗ filed May 8, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $351.0M Q1 2024 Q2 2024: $679.3M Q2 2024 Q3 2024: $660.1M Q3 2024 Q4 2024: $420.1M Q4 2024 Q1 2025: $301.0M $301.0M Q1 2025 Q2 2025: $460.6M Q2 2025 Q3 2025: $314.5M Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 15 stocks · $301.0M
VOO Vanguard S&P 500 ETF 47.72% 279,500 $143.6M No change
DXJ Wisdomtree Japan Hedged Eq 25.58% 698,750 $77.0M Add +2.8%
QXO Qxo Inc. 18.37% 4,082,787 $55.3M No change
AMPS Altus Power Inc. 4.80% 2,920,124 $14.5M No change
AFRM Affirm Holdings Inc. 1.04% 69,374 $3.1M No change
SMC Summit Midstream Corp. 0.96% 84,840 $2.9M No change
TEM Tempus AI Inc. Class A 0.39% 24,220 $1.2M New
RBRK Rubrik Inc. Class A 0.36% 17,912 $1.1M New
AMPL Amplitude Inc. Class A 0.31% 92,908 $947K New
KORE Kore Group Holdings Inc. 0.26% 319,600 $789K No change
CRGY Crescent Energy Inc. Class A 0.15% 41,118 $462K No change
FRSH Freshworks Inc. Class A 0.04% 7,536 $106K New
OPEN Opendoor Technologies Inc. 0.01% 41,711 $43K No change
AM Antero Midstream Corp. 0.00% 32,312 $0 No change
REPX Riley Exploration Permian Inc. 0.00% 13,599 $0 No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $9K (not counted above)
SecurityClassShares / PrincipalValueChange
GCTS.WS Concord Acq Class A -CW28 *W EXP 03/01/202 125,000$9KNo change

Total filed on the 13F, all lines: $301.0M.

Portfolio Sells Q4 2024 → Q1 2025
BKLN Invesco Senior Loan ETF Sold out 0.00% −25.08
WEAV Weave Communications Inc. Sold out 0.00% −0.71
HNST The Honest Co. Inc. Sold out 0.00% −0.05

Portfolio Buys Q4 2024 → Q1 2025
DXJ Wisdomtree Japan Hedged Eq Add +2.8% 25.58% +7.73
TEM Tempus AI Inc. Class A New 0.39% +0.39
RBRK Rubrik Inc. Class A New 0.36% +0.36
AMPL Amplitude Inc. Class A New 0.31% +0.31
FRSH Freshworks Inc. Class A New 0.04% +0.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 38$1.1BSRLN, VOO, FRVO, IEF, HYG
Q1 2026 27$1.2BCRGY, VOO, SRLN, IEF, HYG
Q4 2025 28$1.1BCRGY, HYG, DXJ, VOO, QXO
Q3 2025 12$314.5MDXJ, HYG, QXO, SRLN, AFRM
Q2 2025 19$460.6MHYG, DXJ, QXO, BKLN, AFRM
Q1 2025 15$301.0MVOO, DXJ, QXO, AMPS, AFRM
Q4 2024 14$420.1MVOO, BKLN, DXJ, QXO, AMPS
Q3 2024Amended 48$660.1MSPY, LQD, USHY, QXO, DXJ
Q2 2024Amended 116$679.3MBKLN, VCIT, VOO, SRLN, AMPS
Q1 2024Amended 117$351.0MVCIT, HYG, AMPS, AMT, PLD