Liberty Mutual Group Asset Management Inc. In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Liberty Mutual Group Asset Management Inc. reported 27 stock positions worth $1.2 billion . Its top holding was Crescent Energy Class A (CRGY) at 39.8% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 10.2% ) and SS Blackstone Sr Loan ETF (SRLN, 9.7% ). Compared with Q4 2025, it opened 7 new positions, sold out of 8, added to 7 and reduced 3. The biggest buy was iShares 7-10 Year Treasury B (IEF, shares +357% ) and the biggest sale Ishr Ibx Usd Hiyld CB ETF-Ui (HYG, shares −59% ).
Location Boston, MA
CIK 0001533497
Portfolio Value $1.2B (Q1 2026) Holdings 27 stocks · $1.2B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2025 CRGY Crescent Energy Inc. Class A 36,854,746 $497.5M No change VOO Vanguard S&P 500 ETF 212,594 $127.0M Add +15.4% SRLN SS Blackstone Sr Loan ETF 3,018,987 $121.2M Add +107.2% IEF iShares 7-10 Year Treasury B 1,182,507 $112.9M Add +357.0% HYG Ishr Ibx Usd Hiyld CB ETF-Ui 1,071,233 $85.2M Reduce -59.3% QXO Qxo Inc. 4,082,787 $79.3M No change USHY iShares Broad Usd High Yield 1,485,000 $54.7M Add +121.3% USIG iShares Broad Usd Investment 714,850 $36.6M New SPY SS SPDR S&P 500 ETF Trust-US 52,300 $34.0M New OBDC Blue Owl Capital Corp. 2,669,872 $29.5M Add +208.6% BKLN Invesco Senior Loan ETF 1,225,000 $25.0M New EWY iShares MSCI South Korea ETF 101,280 $12.5M New ARCC Ares Capital Corp. 267,446 $4.8M Reduce -31.4% PL Planet Labs PBC 158,944 $4.4M New CCL Carnival Corp. 140,416 $3.6M No change NOW ServiceNow Inc. 30,829 $3.2M Add +45.0% AFRM Affirm Holdings Inc. 69,374 $3.2M No change KORE Kore Group Holdings Inc. 319,600 $2.9M No change MSDL Morgan Stanley Direct Lendin 204,770 $2.9M Reduce -43.1% SMC Summit Midstream Corp. 84,840 $2.6M No change NINE Nine Energy Service Inc. 281,184 $2.3M New CRCL Circle Internet Group Inc. 19,676 $1.9M Add +80.0% RYTM Rhythm Pharmaceuticals Inc. 20,514 $1.8M New OPEN Opendoor Technologies Inc. 41,711 $195K No change RBRK Rubrik Inc. Class A 2,576 $126K No change AM Antero Midstream Corp. 32,312 $0 No change REPX Riley Exploration Permian Inc. 13,599 $0 No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $23K (not counted above) Security Class Shares / Principal Value Change GCTS.WS Concord Acq Class A -CW28 *W EXP 03/01/202 125,000 $23K No change
Total filed on the 13F, all lines: $1.2B.
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -59.3% 6.82% −13.37 DXJ Wisdomtree Japan Hedged Eq Sold out 0.00% −12.91 IGLB iShares 10+ Year Inv GR Corp. Sold out 0.00% −3.47 ARCC Ares Capital Corp. Reduce -31.4% 0.39% −0.36 MSDL Morgan Stanley Direct Lendin Reduce -43.1% 0.23% −0.34 DDOG Datadog Inc. Class A Sold out 0.00% −0.30 HOOD Robinhood Markets Inc. Class A Sold out 0.00% −0.25 ABNB Airbnb Inc. Class A Sold out 0.00% −0.19 TTAN Servicetitan Inc. Class A Sold out 0.00% −0.13 BRZE Braze Inc. Class A Sold out 0.00% −0.13 FRSH Freshworks Inc. Class A Sold out 0.00% −0.03
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ IEF iShares 7-10 Year Treasury B Add +357.0% 9.03% +6.67 SRLN SS Blackstone Sr Loan ETF Add +107.2% 9.70% +3.98 USIG iShares Broad Usd Investment New 2.93% +2.93 SPY SS SPDR S&P 500 ETF Trust-US New 2.72% +2.72 BKLN Invesco Senior Loan ETF New 2.00% +2.00 USHY iShares Broad Usd High Yield Add +121.3% 4.38% +1.99 OBDC Blue Owl Capital Corp. Add +208.6% 2.36% +1.34 EWY iShares MSCI South Korea ETF New 1.00% +1.00 PL Planet Labs PBC New 0.36% +0.36 NINE Nine Energy Service Inc. New 0.18% +0.18 RYTM Rhythm Pharmaceuticals Inc. New 0.14% +0.14 CRCL Circle Internet Group Inc. Add +80.0% 0.15% +0.07 NOW ServiceNow Inc. Add +45.0% 0.26% −0.05 VOO Vanguard S&P 500 ETF Add +15.4% 10.17% −0.83
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 38 $1.1B SRLN, VOO, FRVO, IEF, HYG Q1 2026 27 $1.2B CRGY, VOO, SRLN, IEF, HYG Q4 2025 28 $1.1B CRGY, HYG, DXJ, VOO, QXO Q3 2025 12 $314.5M DXJ, HYG, QXO, SRLN, AFRM Q2 2025 19 $460.6M HYG, DXJ, QXO, BKLN, AFRM Q1 2025 15 $301.0M VOO, DXJ, QXO, AMPS, AFRM Q4 2024 14 $420.1M VOO, BKLN, DXJ, QXO, AMPS Q3 2024 Amended 48 $660.1M SPY, LQD, USHY, QXO, DXJ Q2 2024 Amended 116 $679.3M BKLN, VCIT, VOO, SRLN, AMPS Q1 2024 Amended 117 $351.0M VCIT, HYG, AMPS, AMT, PLD