LM Asset Management Inc. — 13F Holdings & Portfolio
CIK 2057190 · latest 13F-HR filed 2026-05-11
LM Asset Management Inc. manages $192.3M in 13F-reported U.S. long-equity assets across 10 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are VET (22.58%), GTE (18.87%), LUMN (17.91%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 1 new position, exited 2, added to 7, and trimmed 1.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$192.3M
Long-equity book
10
Distinct positions
2026-03-31
Filed 2026-05-11
+1 / −2 / ↑7 / ↓1
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- GRAN TIERRA ENERGY INC$20.6M +131.8%
- VERMILION ENERGY INC$12.0M +38.2%
- LUMEN TECHNOLOGIES INC$5.4M +18.6%
- TELESAT CORP$4.3M +45.0%
- BRANDYWINE RLTY TR$2.3M +29.5%
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | VERMILION ENERGY INC | VET | 923725105 | $43.4M | 22.58% | 3,157,600 | SH |
| 2 | GRAN TIERRA ENERGY INC | GTE | 38500T200 | $36.3M | 18.87% | 4,045,420 | SH |
| 3 | LUMEN TECHNOLOGIES INC | LUMN | 550241103 | $34.5M | 17.91% | 4,957,000 | SH |
| 4 | LUMEN TECHNOLOGIES INC Call | LUMN | 550241103 | $26.5M | 13.77% | 3,810,000 | SH |
| 5 | TELESAT CORP | TSAT | 879512309 | $13.8M | 7.18% | 382,650 | SH |
| 6 | GOODYEAR TIRE & RUBR CO | GT | 382550101 | $13.5M | 7.03% | 2,040,000 | SH |
| 7 | BRANDYWINE RLTY TR | BDN | 105368203 | $10.1M | 5.27% | 3,740,000 | SH |
| 8 | ALGOMA STL GROUP INC | ASTL | 015658107 | $7.3M | 3.79% | 1,765,000 | SH |
| 9 | GRAPHIC PACKAGING HLDG CO | GPK | 388689101 | $3.6M | 1.86% | 360,000 | SH |
| 10 | CLAROS MTG TR INC | CMTG | 18270D106 | $3.3M | 1.73% | 1,400,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-11 | $192.3M | 10 | 0000935836-26-000236 |
| 2025-12-31 | 2026-02-13 | $126.4M | 11 | 0000935836-26-000089 |
| 2025-09-30 | 2025-11-14 | $132.2M | 11 | 0000935836-25-000670 |