Liberty Mutual Group Asset Management Inc.

Est. AUM

$359.2M

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	QXO INC	COM NEW	$79.3M	4082787	22.08%	DFND
2	ISHARES TR	IBOXX HI YD ETF	$53.5M	672675	14.90%	DFND
3	SSGA ACTIVE ETF TR	STATE STREET BLA	$47.8M	1191000	13.31%	DFND
4	ISHARES TR	USD INV GRDE ETF	$36.6M	714850	10.20%	DFND
5	BLUE OWL CAPITAL CORPORATION	COM	$29.5M	2669872	8.22%	DFND
6	INVESCO EXCH TRADED FD TR II	SR LN ETF	$25.0M	1225000	6.96%	DFND
7	VANGUARD INDEX FDS	S&P 500 ETF SHS	$23.5M	39250	6.53%	DFND
8	STATE STR SPDR S&P 500 ETF T	TR UNIT	$17.0M	26150	4.73%	DFND
9	ISHARES TR	7-10 YR TRSY BD	$12.2M	128128	3.40%	DFND
10	ISHARES TR	BROAD USD HIGH	$9.2M	248763	2.55%	DFND
11	ARES CAPITAL CORP	COM	$4.8M	267446	1.34%	DFND
12	PLANET LABS PBC	COM CL A	$3.1M	109695	0.85%	DFND
13	KORE GROUP HLDGS INC	COM NEW	$2.9M	319600	0.80%	DFND
14	MORGAN STANLEY DIRECT LENDIN	COM SHS	$2.9M	204770	0.80%	DFND
15	AFFIRM HLDGS INC	COM CL A	$2.4M	53184	0.68%	DFND
16	SERVICENOW INC	COM	$2.4M	23122	0.67%	DFND
17	ISHARES INC	MSCI STH KOR ETF	$1.8M	14535	0.50%	DFND
18	CIRCLE INTERNET GROUP INC	COM CL A	$1.4M	14840	0.39%	DFND
19	CARNIVAL CORP	COMMON STOCK	$1.1M	42810	0.31%	DFND
20	SUMMIT MIDSTREAM CORPORATION	COM	$1.0M	33900	0.29%	DFND
21	RHYTHM PHARMACEUTICALS INC	COM	$854K	9817	0.24%	DFND
22	CRESCENT ENERGY	COM	$555K	41118	0.15%	DFND
23	OPENDOOR TECHNOLOGIES INC	COM	$146K	31283	0.04%	DFND
24	RUBRIK INC.	CL A	$101K	2061	0.03%	DFND
25	NINE ENERGY SERVICE INC	COMMON STOCK	$46K	5626	0.01%	DFND
26	GCT SEMICONDUCTOR HLDG INC	*W EXP 03/01/202	$23K	125000	0.01%	DFND
27	ANTERO MIDSTREAM CORP	COM	$0	32312	0.00%	DFND
28	RILEY EXPLORATION PERMIAN INC	COM	$0	13599	0.00%	DFND

Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.