LM Asset (im) Inc.
LM Asset (IM) Inc. is a deep-value, contrarian asset manager headquartered in Vancouver, British Columbia, Canada. The firm operates as the investment fund manager, portfolio manager, and exempt market dealer for the LM Asset Fund Limited Partnership. LM Asset (IM) Inc. employs a high-conviction, concentrated investment approach to compound long-term investor capital. The firm specializes in alternative asset management, deploying capital in undervalued quality businesses globally to deliver superior, long-term value to clients. The employee count is not publicly disclosed.
Investment Strategy
LM Asset (IM) Inc. utilizes a deep-value, contrarian strategy, focused on investing in deeply undervalued quality businesses. The firm's approach favors high-conviction, concentrated portfolios and aims to generate long-term compounded returns. It targets opportunities overlooked by conventional market participants, emphasizing contrarian positions in both equities and credit, with an intent to realize long-term value in portfolio companies.
Top Holdings
Equity Positions (10)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
L LUMN | LUMEN TECHNOLOGIES INC | 42.16% | $45.4M | 10,367,000 | $5.13 | $4.38 | +$7.0M |
V VET | VERMILION ENERGY INC | 18.87% | $20.3M | 2,790,000 | $8.93 | $7.28 | +$588.1K |
T TSAT | TELESAT CORP | 10.51% | $11.3M | 466,450 | $16.44 | $24.44 | +$1.4M |
G GTE | GRAN TIERRA ENERGY INC | 8.62% | $9.3M | 1,945,800 | $6.21 | $4.77 | +$818.6K |
S STNG | SCORPIO TANKERS INC | 6.18% | $6.7M | 170,000 | $41.25 | $39.13 | +$3.6M |
Options Positions (1)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
L LUMN | LUMEN TECHNOLOGIES INC | Bought | Call | $157.2K | 122 | $4.38 | $5.14 | +22 | +$42.2K |