SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Liberty Mutual Group Asset Management Inc.

CIK 0001533497 · 175 BERKELEY STREET, BOSTON, MA, 02116 · 617-357-9500

Reported Value
$1.1B
Q4 2025
Positions
44
Filings on Record
38
2019–present window
Filed
Feb 13, 2026
original filing

Summary

Liberty Mutual Group Asset Management Inc. reported $1.1B in U.S.-listed holdings across 44 positions for Q4 2025.

The portfolio is heavily concentrated: CRGY alone accounts for 29.4% of reported value.

Compared with Q3 2025, the fund opened 16 new positions and exited 0.

Portfolio Metrics

Turnover
+0.0%
vs prior filed quarter
Top-10 Concentration
+90.6%
share of reported value
Largest Position
+29.4%
Crescent Energy

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $2.8BQ4 ’18Q1 ’19: $2.5BQ2 ’19: $2.1BQ3 ’19: $1.3BQ4 ’19: $1.3BQ4 ’19Q1 ’20: $1.0BQ2 ’20: $701MQ3 ’20: $855MQ4 ’20: $1.5BQ4 ’20Q1 ’21: $1.6BQ2 ’21: $1.9BQ3 ’21: $1.8BQ4 ’21: $2.0BQ4 ’21Q1 ’22: $2.8BQ2 ’22: $668MQ3 ’22: $333MQ1 ’23: $440,999Q1 ’23Q2 ’23: $393,836Q3 ’23: $360,256Q4 ’23: $345,732Q1 ’24: $351,039Q1 ’24Q2 ’24: $679,364Q3 ’24: $660,144Q1 ’25: $301MQ2 ’25: $461MQ2 ’25Q3 ’25: $315MQ4 ’25: $1.1BQ1 ’26: $1.2Bfilingsflow.com

Portfolio Composition

By security type
ETP: 58.0%Common Stock: 42.0%Equity WRT: 0.0%
  • ETP · 58.0% · $610M
  • Common Stock · 42.0% · $441M
  • Equity WRT · 0.0% · $9,413

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD INDEX FDSNEW+184.2K184.2K+$116M$116M
ISHARES TRNEW+722.1K722.1K+$36M$36M
ISHARES TRNEW+671.1K671.1K+$25M$25M
ISHARES TRNEW+258.8K258.8K+$25M$25M
OBDCBLUE OWL CAPITAL CORPORATIONNEW+865.2K865.2K+$11M$11M
ARCCARES CAPITAL CORPNEW+390.0K390.0K+$8M$8M
MSDLMORGAN STANLEY DIRECT LENDINNEW+359.8K359.8K+$6M$6M
CCL1EURCARNIVAL CORPNEW+140.4K140.4K+$4M$4M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

26 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CRGYCRESCENT ENERGYhistory →CL A COM29.42%$309M36.85M
2ISHARES TRIBOXX HI YD ETF · 10+ YR INVST GRD · BROAD USD HIGH · 7-10 YR TRSY BD28.41%$299M4.28M
3WISDOMTREE TRJAPN HEDGE EQT12.91%$136M941.0K
4VANGUARD INDEX FDSS&P 500 ETF SHS10.99%$116M184.2K
5QXOQXO INChistory →COM NEW7.49%$79M4.08M
6SSGA ACTIVE ETF TRSTATE STREET BLA5.72%$60M1.46M
7OBDCBLUE OWL CAPITAL CORPORATIONhistory →COM1.02%$11M865.2K
8ARCCARES CAPITAL CORPCOM0.75%$8M390.0K
9MSDLMORGAN STANLEY DIRECT LENDINCOM SHS0.56%$6M359.8K
10AFRMAFFIRM HLDGS INCCOM CL A0.49%$5M69.4K
11CCL1EURCARNIVAL CORPUNIT 99/99/99990.41%$4M140.4K
12NOWSERVICENOW INCCOM0.31%$3M21.3K
13DDOGDATADOG INCCL A COM0.30%$3M22.9K
14HOODROBINHOOD MKTS INCCOM CL A0.25%$3M23.1K
15SMCSUMMIT MIDSTREAM CORPORATIONCOM0.22%$2M84.8K
16ABNBAIRBNB INCCOM CL A0.19%$2M15.0K
17TTANSERVICETITAN INCSHS CL A0.13%$1M13.0K
18BRZEBRAZE INCCOM CL A0.13%$1M40.4K
19KOREKORE GROUP HLDGS INCCOM NEW0.13%$1M319.6K
20CRCLCIRCLE INTERNET GROUP INCCOM CL A0.08%$866,59010.9K
21FRSHFRESHWORKS INCCLASS A COM0.03%$291,69723.8K
22OPENOPENDOOR TECHNOLOGIES INCCOM0.02%$243,17541.7K
23RBRKRUBRIK INC.CL A0.02%$197,0122.6K
24GCT SEMICONDUCTOR HLDG INC*W EXP 03/01/2020.00%$9,413125.0K
25AMANTERO MIDSTREAM CORPCOM0.00%$032.3K
26REPXRILEY EXPLORATION PERMIAN INCCOM0.00%$013.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.2B57May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.1B44Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$315M19Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$461M29Jul 28, 202513F-HRchanges · EDGAR ↗
Q1 2025$301M23May 8, 202513F-HRchanges · EDGAR ↗
Q4 2024Under review21Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$660,14455Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$679,364123Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$351,039123May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$345,732117Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$360,256114Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$393,836119Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$440,999129May 4, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review137Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$333M138Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$668M155Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.8B209May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.0B119Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.8B67Nov 10, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.9B59Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.6B56May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.5B49Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$855M26Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$701M27Aug 11, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.0B33May 6, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.3B30Jan 30, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.3B36Nov 6, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.1B66Aug 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.5B72May 10, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.8B89Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 3 additional managers.

  • Liberty Mutual Insurance Company028-00033
  • PEERLESS INSURANCE COMPANY028-14524
  • LIBERTY MUTUAL FOUNDATION INC

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.