Liberty Mutual Group Asset Management Inc.
Liberty Mutual Group Asset Management Inc. (LMGAMI) is the asset management subsidiary of Liberty Mutual Holding Company Inc., headquartered in Boston, MA. Founded as part of Liberty Mutual's broader organization, LMGAMI oversees investment management activities for the Liberty Mutual enterprise, including insurance general and separate accounts, as well as third-party institutional assets. The firm supports the global insurance, reinsurance, and affiliated businesses of the group and leverages a team of dedicated investment professionals. It is part of one of the largest global property and casualty insurance companies, serving the investment needs of affiliated insurance entities and client partners.
Investment Strategy
Liberty Mutual Group Asset Management employs a diversified, multi-asset class investment strategy tailored to the liabilities and risk profile of Liberty Mutual’s insurance businesses. Their approach emphasizes strategic asset allocation across public fixed income, private fixed income, public equity, private equity, real estate, and alternative investments. The strategy balances risk and return objectives, prioritizing capital preservation, liquidity, and steady income to meet the long-term obligations of Liberty Mutual’s insurance operations. The team pursues both traditional and alternative asset classes, focusing on prudent risk management and value-driven opportunities that align with the overall enterprise objectives.
Top Holdings
Equity Positions (17)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
H HYG | ISHARES TR | 51.54% | $237.4M | 2,943,489 | $80.65 | $80.65 | +$237.4M |
D DXJ | WISDOMTREE TR | 23.34% | $107.5M | 941,000 | $109.72 | $114.27 | +$30.5M |
Q QXO | QXO INC | 19.09% | $87.9M | 4,082,787 | $15.77 | $21.54 | +$32.7M |
B BKLN | INVESCO EXCH TRADED FD TR II | 2.27% | $10.5M | 500,000 | $20.92 | $20.92 | +$10.5M |
A AFRM | AFFIRM HLDGS INC | 1.04% | $4.8M | 69,374 | $17.30 | $69.14 | +$1.7M |