1y return+14.0%S&P 500 +20.9%
3y return+27.7%S&P 500 +68.5%
5y return−1.7%S&P 500 +74.5%
10y return+66.3%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $166 against $357 in the S&P 500.2
Liberty Mutual Group Asset Management Inc.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| SRLNSsga Active Etf Tr | $189.4M | 16.5% | +55.7% |
| VOOVanguard Index Fds | $135.5M | 11.8% | −7.2% |
| FRVOFervo Energy Co | $113.4M | 9.9% | New |
| IEFIshares Tr | $111.8M | 9.8% | |
| HYGIshares Tr | $85.7M | 7.5% | |
| SPYState Str Spdr S&p 500 Etf T | $83.7M | 7.3% | +114.3% |
| QXOQxo Inc | $70.6M | 6.2% | |
| USHYIshares Tr | $55.0M | 4.8% | |
| CRGYCrescent Energy | $41.8M | 3.6% | −88.5% |
| USIGIshares Tr | $36.7M | 3.2% | |
| ACWIIshares Tr | $29.5M | 2.6% | New |
| OBDCBlue Owl Capital Corporation | $29.0M | 2.5% | |
| KARDKardigan Inc | $28.5M | 2.5% | New |
| AGGIshares Tr | $27.2M | 2.4% | New |
| BKLNInvesco Exch Traded Fd Tr II | $25.0M | 2.2% | |
| OPIOffice Pptys Income Tr | $22.3M | 1.9% | New |
| Uber Technologies IncCUSIP 90353TAM2 | $13.2M | 1.1% | New |
| NOWServicenow Inc | $8.4M | 0.7% | +175.9% |
| AFRMAffirm Hldgs Inc | $5.7M | 0.5% | |
| ARCCAres Capital Corp | $5.0M | 0.4% | |
| DDOGDatadog Inc | $3.7M | 0.3% | New |
| NINENine Energy Service Inc | $3.7M | 0.3% | |
| NAVNNavan Inc | $3.4M | 0.3% | New |
| HOODRobinhood Mkts Inc | $3.3M | 0.3% | New |
| MSDLMorgan Stanley Direct Lendin | $3.1M | 0.3% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| AFRMAffirm Hldgs Inc | June 30, 2023 | +432.0% | $5.7M |
| Kore Group Hldgs IncCUSIP 50066V305 | September 30, 2024 | +308.4% | $2.9M |
| NINENine Energy Service Inc | March 31, 2026 | +58.7% | $3.7M |
| AMAntero Midstream Corp | December 31, 2024 | +50.8% | $0 |
| GCTS/WSGct Semiconductor Hldg Inc | March 31, 2024 | +28.9% | $61K |
| RYTMRhythm Pharmaceuticals Inc | March 31, 2026 | +27.7% | $98K |
| PLPlanet Labs Pbc | March 31, 2026 | +18.5% | $226K |
| SPYState Str Spdr S&p 500 Etf T | March 31, 2026 | +14.8% | $83.7M |
| QXOQxo Inc | September 30, 2024 | +9.6% | $70.6M |
| VOOVanguard Index Fds | December 31, 2025 | +9.5% | $135.5M |
Sold off last quarter
- EWYIshares Inc was $12.5M
- Carnival CorpCUSIP 143658300 was $3.6M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −8.6% | +14.8% |
| March 31, 2026 | +17.5% | −4.6% |
| December 31, 2025 | +5.2% | +2.4% |
| September 30, 2025 | +0.9% | +7.8% |
| June 30, 2025 | +15.0% | +10.5% |
| March 31, 2025 | −4.4% | −4.6% |
| December 31, 2024 | −1.8% | +2.1% |
| September 30, 2024 | +4.5% | +5.4% |
| June 30, 2024 | −2.4% | +4.0% |
| March 31, 2024 | −3.5% | +10.0% |
| December 31, 2023 | +13.3% | +11.2% |
| September 30, 2023 | −6.9% | −3.6% |
| June 30, 2023 | +1.1% | +8.3% |
| March 31, 2023 | +2.0% | +7.0% |
| December 31, 2022 | −3.4% | +7.1% |
| September 30, 2022 | −5.5% | −5.3% |
| June 30, 2022 | −16.5% | −16.5% |
| March 31, 2022 | −6.5% | −4.9% |
| December 31, 2021 | +5.4% | +10.7% |
| September 30, 2021 | −0.5% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Liberty Mutual Group Asset Management Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1533497&type=13F-HR&dateb=&owner=include&count=40CIK 1533497
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1533497/000119312526350773/Filed August 14, 2026 · accession 0001193125-26-350773