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.
Latest 13F Filing Activity
Liberty Mutual Group Asset Management Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 17 equity positions with a total 13F market value of $461M. The fund increased holdings in Ishares TR, Qxo Inc., Wisdomtree TR among other positions. Liberty Mutual Group Asset Management Inc. reduced exposure to Vanguard Index FDS, Altus Power Inc., Tempus Ai Inc. among others.
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 |
Industry Allocation
Investment Team (20)
| Name | Role | Location | |
|---|---|---|---|
 | Analyst | New York, NY , United States | |
 | Vice President, Senior Product Owner (Private Investments, Alternatives) | Boston, MA , United States | |
 | Investment Professional | Boston, MA , United States | |
 | Associate | Boston, MA , United States | |
J John Packhem | Senior Analyst | Boston, MA , United States | |
 | Private Equity | Boston, MA , United States | |
M Matthias Hunkeler | Associate | Boston, MA , United States | |
 | Associate | Boston, MA , United States | |
O Oliver Key | Senior Private Equity Analyst | Boston, MA , United States | |
T Ted Growney | Private Equity Vice President | Boston, MA , United States |