LM Asset Management Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 20, 2025), LM Asset Management Inc. reported 9 stock positions worth $106.0 million. Its top holding was Lumen Technologies (LUMN) at 44.1% of the portfolio, followed by Vermilion Energy (VET, 17.7%) and Telesat (TSAT, 12.5%).
- Most Recent 13F
- Q2 2026
- Location
- VANCOUVER, A1
- CIK
- 0002057190
- Portfolio Value
- $106.0M (Q4 2024)
- SEC Filing
- 0000935836-25-000188 ↗ filed Feb 20, 2025
Holdings Value
Holdings 9 stocks · $106.0M
| LUMN Lumen Technologies Inc. | 44.13% | 8,807,000 | $46.8M | — |
| VET Vermilion Energy Inc. | 17.75% | 2,000,000 | $18.8M | — |
| TSAT Telesat Corp. | 12.54% | 809,200 | $13.3M | — |
| AQN Algonquin Power & Utilities | 7.98% | 1,900,000 | $8.5M | — |
| GTE Gran Tierra Energy Inc. | 7.48% | 1,096,589 | $7.9M | — |
| PSLV Sprott Physical Silver Trust | 6.56% | 720,000 | $6.9M | — |
| STNG Scorpio Tankers Inc. | 1.88% | 40,000 | $2.0M | — |
| CLW Clearwater Paper Corp. | 1.19% | 42,300 | $1.3M | — |
| SLSR Solaris Resources Inc. | 0.50% | 172,000 | $533K | — |
Options reported separately and not counted above: LUMN calls ($3.2M).
Portfolio Sells Q4 2024
No earlier filing to compare with.
Portfolio Buys Q4 2024
No earlier filing to compare with.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 9 | $144.5M | VET, LUMN, GTE, TSAT, BDN |
| Q1 2026 | 9 | $165.8M | VET, GTE, LUMN, TSAT, GT |
| Q4 2025 | 10 | $125.0M | VET, LUMN, GTE, GT, TSAT |
| Q3 2025 | 9 | $125.9M | LUMN, VET, GTE, TSAT, ARIS |
| Q2 2025 | 10 | $107.6M | LUMN, VET, TSAT, GTE, STNG |
| Q1 2025 | 9 | $97.4M | LUMN, VET, TSAT, GTE, AQN |
| Q4 2024 | 9 | $106.0M | LUMN, VET, TSAT, AQN, GTE |