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Livermore
Livermore
ZHEN

Liberty Mutual Group Asset Management Inc.

SEC CIK
0001533497
Latest filing
Aug 14, 2026

The latest 13F from Liberty Mutual Group Asset Management Inc. covers Q2 2026 (filed Aug 14, 2026): 39 long positions worth $1.15B. The top 10 holdings make up 80.6% of the portfolio, and the largest is Ssga Active ETF Tr at 16.5%. Livermore has 30 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
13
Est. +$249.0M
Added
3
Est. +$117.8M
Reduced
6
Est. −$338.5M
Sold out
2
Est. −$16.1M

Top 5 holdings

Share of this quarter's portfolio value

  1. Ssga Active ETF Tr78467V608
    16.5%$189.4M
  2. Vanguard S&P 500 ETF922908363
    11.8%$135.5M
  3. FRVOFervo Energy Co
    9.9%$113.4MHistory
  4. iShares Tr464287440
    9.8%$111.8M
  5. iShares Tr464288513
    7.5%$85.7M

Share of portfolio

Top 5 holdings and the other 34 positions, by share of portfolio value

  1. Ssga Active ETF Tr16.5%
  2. Vanguard S&P 500 ETF11.8%
  3. FRVO9.9%
  4. iShares Tr9.8%
  5. iShares Tr7.5%
  6. Other 34 positions44.5%

Biggest buys

New and added positions, by estimated amount bought

  1. FRVOFervo Energy Co
    +$113.4MNewHistory
  2. Ssga Active ETF Tr78467V608
    +$67.7MAdded
  3. SPYSPDR S&P 500 ETF Trust
    +$44.7MAddedHistory
  4. iShares Tr464288257
    +$29.5MNew
  5. KARDKardigan, Inc.
    +$28.5MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. FRVOFervo Energy Co
    +9.90 pp0.0% → 9.9%History
  2. Ssga Active ETF Tr78467V608
    +6.83 pp9.7% → 16.5%
  3. SPYSPDR S&P 500 ETF Trust
    +4.58 pp2.7% → 7.3%History
  4. iShares Tr464288257
    +2.58 pp0.0% → 2.6%
  5. KARDKardigan, Inc.
    +2.49 pp0.0% → 2.5%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. CRGYCrescent Energy Co
    −$320.1MReducedHistory
  2. iShares Inc464286772
    −$12.5MSold out
  3. Vanguard S&P 500 ETF922908363
    −$10.5MReduced
  4. PLPlanet Labs PBC
    −$5.04MReducedHistory
  5. CCLCarnival Corp Ltd.
    −$3.63MSold outHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. CRGYCrescent Energy Co
    −36.18 pp39.8% → 3.6%History
  2. iShares Inc464286772
    −1.00 pp1.0% → 0.0%
  3. PLPlanet Labs PBC
    −0.34 pp0.4% → <0.1%History
  4. CCLCarnival Corp Ltd.
    −0.29 pp0.3% → 0.0%History
  5. RYTMRhythm Pharmaceuticals, Inc.
    −0.13 pp0.1% → <0.1%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$1.15B
−$103.8M (−8.3%) vs. prior quarter
Positions
39
+11 vs. prior quarter
Top 10 concentration
80.6%
Top 10 as share of value
Turnover
29.6%
Q2 2026, one quarter
Average holding period
3.4 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $2.83B (Q1 2022)

Q1 2021: $1.63BQ2 2021: $1.85BQ3 2021: $1.84BQ4 2021: $1.98BQ1 2022: $2.83BQ2 2022: $667.8MQ3 2022: $332.9MQ4 2022: $371.8MQ1 2023: $441.0MQ2 2023: $393.8MQ3 2023: $360.3MQ4 2023: $345.7MQ1 2024: $351.0MQ2 2024: $679.4MQ3 2024: $660.1MQ4 2024: $420.1MQ1 2025: $301.0MQ2 2025: $460.6MQ3 2025: $314.5MQ4 2025: $1.05BQ1 2026: $1.25BQ2 2026: $1.15B
Q1 2021Q2 2026
13F filings of Liberty Mutual Group Asset Management Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 202639$1.15BSsga Active ETF TrVanguard S&P 500 ETFFRVOvs. Q1 2026SEC
Q1 2026May 15, 202628$1.25BCRGYVanguard S&P 500 ETFSsga Active ETF Trvs. Q4 2025SEC
Q4 2025Feb 13, 202629$1.05BCRGYiShares TrWisdomTree Trvs. Q3 2025SEC
Q3 2025Nov 13, 202513$314.5MWisdomTree TriShares TrQXOvs. Q2 2025SEC
Q2 2025Jul 28, 202520$460.6MiShares TrWisdomTree TrQXOvs. Q1 2025SEC
Q1 2025May 8, 202516$301.0MVanguard S&P 500 ETFWisdomTree TrQXOvs. Q4 2024SEC
Q4 2024Feb 14, 202515$420.1MVanguard S&P 500 ETFInvesco Exch Traded FD Tr IIWisdomTree Trvs. Q3 2024SEC
Q3 2024Feb 14, 2025Amended49$660.1MSPYiShares Iboxx $ Investment Grade Corporate Bond ETFiShares Trvs. Q2 2024SEC
Q2 2024Feb 14, 2025Amended118$679.4MInvesco Exch Traded FD Tr IIVanguard Intermediate-Term Corporate Bond ETFVanguard S&P 500 ETFvs. Q1 2024SEC
Q1 2024Feb 14, 2025Amended119$351.0MVanguard Intermediate-Term Corporate Bond ETFiShares TrAMPSvs. Q4 2023SEC
Q4 2023Feb 14, 2025Amended113$345.7MVanguard Intermediate-Term Corporate Bond ETFAMPSiShares Trvs. Q3 2023SEC
Q3 2023Feb 14, 2025Amended110$360.3MiShares TriShares TrAMPSvs. Q2 2023SEC
Q2 2023Feb 14, 2025Amended113$393.8MiShares TriShares TrAMPSvs. Q1 2023SEC
Q1 2023Feb 14, 2025Amended119$441.0MiShares TrOWLiShares Trvs. Q4 2022SEC
Q4 2022Feb 14, 2025Amended121$371.8MVanguard Intermediate-Term Corporate Bond ETFOWLAMPSvs. Q3 2022SEC
Q3 2022Nov 8, 2022119$332.9MAMPSOWLiShares Trvs. Q2 2022SEC
Q2 2022Aug 11, 2022129$667.8MSPYiShares MSCI Eafe ETFiShares Trvs. Q1 2022SEC
Q1 2022May 16, 2022149$2.83BSPYiShares MSCI Eafe ETFiShares Trvs. Q4 2021SEC
Q4 2021Feb 11, 202270$1.98BSPYiShares MSCI Eafe ETFiShares Trvs. Q3 2021SEC
Q3 2021Nov 10, 202124$1.84BSPYiShares MSCI Eafe ETFiShares Trvs. Q2 2021SEC
Q2 2021Aug 13, 202120$1.85BSPYiShares MSCI Eafe ETFiShares Trvs. Q1 2021SEC
Q1 2021May 12, 202119$1.63BSPYiShares MSCI Eafe ETFiShares Tr–SEC