Q4 2025 · 13F-HR
LM Asset Management Inc.holdings as filed
Filed 2026-02-13 · accession 0000935836-26-000089
$126.4M
Reported value
11
Positions
2025-12-31
Period end
The Brief · LM Asset Management Inc. · Q4 2025
AI · grounded in 13F
LM Asset Management Inc. established a new position in Brandywine RLTY TR BDN worth $7.8M. The fund also opened a new position in Claros MTG TR INC CMTG for $1.6M and increased its stake in Goodyear Tire & Rubr Co GT by 229.4%. On the sell side, the fund closed its positions in James Hardie Inds PLC JHX and Hycroft Mining Holding Corp HYMC, reducing its holdings by $2.7M and $1.6M respectively.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 923725105 | VET | VERMILION ENERGY INC | $31.4M | 24.9% | 3,772,600 | Common | SOLE |
| 550241103 | LUMN | LUMEN TECHNOLOGIES INC | $29.0M | 23.0% | 3,737,000 | Common | SOLE |
| 38500T200 | GTE | GRAN TIERRA ENERGY INC | $15.7M | 12.4% | 3,691,420 | Common | SOLE |
| 382550101 | GT | GOODYEAR TIRE & RUBR CO | $14.7M | 11.6% | 1,680,000 | Common | SOLE |
| 879512309 | TSAT | TELESAT CORP | $9.5M | 7.53% | 329,450 | Common | SOLE |
| 105368203 | BDN | BRANDYWINE RLTY TR | $7.8M | 6.19% | 2,680,000 | Common | SOLE |
| 015658107 | ASTL | ALGOMA STL GROUP INC | $6.0M | 4.77% | 1,470,000 | Common | SOLE |
| 85207K107 | PSLV | SPROTT ASSET MANAGEMENT LP | $5.0M | 3.93% | 210,000 | Common | SOLE |
| 04040Y109 | ARIS | ARIS MNG CORP | $4.1M | 3.28% | 255,000 | Common | SOLE |
| 18270D106 | CMTG | CLAROS MTG TR INC | $1.6M | 1.29% | 534,000 | Common | SOLE |
| 550241103 | LUMN | LUMEN TECHNOLOGIES INC | $1.5M | 1.15% | 29,000 | CALL | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.