Liberty Mutual Asset Management 13F annual report

Liberty Mutual Asset Management is an investment fund managing more than $586 million ran by Scott Fitzhenry. There are currently 46 companies in Mr. Fitzhenry’s portfolio. The largest investments include Invesco Exch Traded Fd Tr Ii and Vanguard Scottsdale Fds, together worth $368 million.

$586 million Assets Under Management (AUM)

As of 7th August 2024, Liberty Mutual Asset Management’s top holding is 14,112,500 shares of Invesco Exch Traded Fd Tr Ii currently worth over $297 million and making up 50.7% of the portfolio value. In addition, the fund holds 890,000 shares of Vanguard Scottsdale Fds worth $71.1 million. The third-largest holding is Vanguard Index Fds worth $44.3 million and the next is Ssga Active Etf Tr worth $18 million, with 430,500 shares owned.

Currently, Liberty Mutual Asset Management's portfolio is worth at least $586 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Liberty Mutual Asset Management

The Liberty Mutual Asset Management office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Scott Fitzhenry serves as the Chief Compliance Officer, Investments at Liberty Mutual Asset Management.

Recent trades

In the most recent 13F filing, Liberty Mutual Asset Management revealed that it had opened a new position in Invesco Exch Traded Fd Tr Ii and bought 14,112,500 shares worth $297 million.

The investment fund also strengthened its position in American Tower by buying 25 additional shares. This makes their stake in American Tower total 57,924 shares worth $11.3 million. American Tower soared 19.0% in the past year.

On the other hand, there are companies that Liberty Mutual Asset Management is getting rid of from its portfolio. Liberty Mutual Asset Management closed its position in Ishares Tr on 14th August 2024. It sold the previously owned 238,254 shares for $18.5 million. Scott Fitzhenry also disclosed a decreased stake in Altus Power Inc by approximately 0.1%. This leaves the value of the investment at $11.4 million and 2,920,124 shares.

One of the smallest hedge funds

The two most similar investment funds to Liberty Mutual Asset Management are Polunin Capital Partners Ltd and Flagship Ventures Fund Iv General Partner. They manage $587 million and $585 million respectively.


Scott Fitzhenry investment strategy

Liberty Mutual Asset Management’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Real Estate — making up 9.3% of the total portfolio value. The fund focuses on investments in the United States as 34.8% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 20% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $29.1 billion.

The complete list of Liberty Mutual Asset Management trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Invesco Exch Traded Fd Tr Ii
Opened
14,112,500
$296,927,000 50.69%
Vanguard Scottsdale Fds
No change
890,000
$71,138,000 12.14%
Vanguard Index Fds
Opened
88,517
$44,270,000 7.56%
Ishares Tr
Closed
238,254
$18,519,000
Ssga Active Etf Tr
Opened
430,500
$17,995,000 3.07%
Altus Power Inc
2.66%
2,920,124
$11,447,000 1.95%
American Tower Corp.
0.04%
57,924
$11,259,000 1.92%
Equinix Inc
45.27%
14,634
$11,072,000 1.89%
Prologis Inc
2.53%
85,277
$9,577,000 1.63%
Welltower Inc.
3.40%
87,163
$9,087,000 1.55%
Avalonbay Cmntys Inc
13.02%
37,490
$7,756,000 1.32%
Extra Space Storage Inc.
18.82%
41,622
$6,468,000 1.10%
Mid-amer Apt Cmntys Inc
85.22%
44,991
$6,416,000 1.10%
Vici Pptys Inc
4.88%
198,020
$5,671,000 0.97%
Agree Rlty Corp
No change
86,753
$5,373,000 0.92%
Regency Ctrs Corp
No change
79,888
$4,969,000 0.85%
Simon Ppty Group Inc New
1.49%
27,035
$4,104,000 0.70%
Digital Rlty Tr Inc
33.55%
26,760
$4,069,000 0.69%
Sun Cmntys Inc
5.26%
33,293
$4,006,000 0.68%
Invitation Homes Inc
3.12%
108,501
$3,894,000 0.66%
Rexford Indl Rlty Inc
20.25%
86,747
$3,868,000 0.66%
UDR Inc
Closed
101,455
$3,795,000
Ryman Hospitality Pptys Inc
0.92%
32,491
$3,245,000 0.55%
Healthpeak Properties Inc.
12.64%
155,206
$3,042,000 0.52%
Summit Midstream Partners LP
No change
84,840
$3,016,000 0.51%
Federal Rlty Invt Tr New
No change
28,551
$2,883,000 0.49%
Epr Pptys
34.89%
65,327
$2,742,000 0.47%
Crown Castle Inc
8.59%
27,773
$2,713,000 0.46%
CubeSmart
Opened
59,383
$2,682,000 0.46%
Stag Indl Inc
10.30%
72,194
$2,603,000 0.44%
Boston Properties Inc
4.60%
40,738
$2,508,000 0.43%
Essential Pptys Rlty Tr Inc
9.99%
85,188
$2,361,000 0.40%
Affirm Holdings, Inc.
No change
69,374
$2,096,000 0.36%
PotlatchDeltic Corp
7.48%
50,928
$2,006,000 0.34%
Site Ctrs Corp
No change
124,949
$1,812,000 0.31%
Omega Healthcare Invs Inc
Opened
50,573
$1,732,000 0.30%
Eastgroup Pptys Inc
Opened
9,993
$1,700,000 0.29%
Unity Software Inc.
Closed
60,306
$1,610,000
Cousins Pptys Inc
1.30%
68,848
$1,594,000 0.27%
CareTrust REIT Inc
No change
60,087
$1,508,000 0.26%
Ensign Group Inc
Closed
11,741
$1,461,000
Sl Green Rlty Corp
10.04%
24,746
$1,402,000 0.24%
Ventas Inc
Opened
25,290
$1,296,000 0.22%
Kore Group Hldgs Inc
Closed
1,598,000
$1,258,000
American Healthcare Reit Inc
Closed
75,135
$1,108,000
Weyerhaeuser Co Mtn Be
6.93%
38,307
$1,088,000 0.19%
Alexandria Real Estate Eq In
Opened
6,693
$783,000 0.13%
Host Hotels & Resorts Inc
3.87%
43,166
$776,000 0.13%
Weave Communications, Inc.
Closed
66,979
$769,000
Confluent Inc
Closed
16,646
$508,000
Public Storage Oper Co
83.89%
1,481
$426,000 0.07%
Crescent Energy Company
No change
18,262
$216,000 0.04%
Vesta Real Estate Corp
85.28%
3,817
$114,000 0.02%
Opendoor Technologies Inc.
No change
41,711
$77,000 0.01%
No transactions found
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