LM Asset Management Inc.
CIK
2057190
Location
VANCOUVER, A1
Portfolio Value
Small
$192,442,175
Diversification
Moderately concentrated
Filing Date
Global Rank
#4,256
/ 8,603
▲ 1120
· as of Mar 2026
Top Industry
Oil & Gas E&P
41.5%
3Y Alpha vs SPY
+20.0%
Period ended 3 months ago
Filed May 11, 2026 · 59d
6 quarters · since Dec 2024
Clone Performance
Feb 2025–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+60.6%
SPY
+24.0%
Annualised alpha
+23.7%
Max drawdown
−29.6%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
9 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
31.7%
+6.5 pts
Top 5
87.4%
+7.0 pts
Top 10
100.0%
0.0 pts
HHI
2,019
Moderately concentrated+399
Portfolio Trend
6 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Energy | 41.5% | $79,799,145 |
| Communication Services | 31.7% | $60,930,650 |
| Consumer Cyclical | 8.9% | $17,103,600 |
| Technology | 7.2% | $13,851,930 |
| Real Estate | 7.0% | $13,467,400 |
| Basic Materials | 3.8% | $7,289,450 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
7 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| LUMN | Lumen Technologies, Inc. | +5,001,000 | 8,767,000 | $60,930,650 | |
| BDN | Brandywine Realty Trust | +1,060,000 | 3,740,000 | $10,135,400 | |
| CMTG | Claros Mortgage Trust, Inc. | +866,000 | 1,400,000 | $3,332,000 | |
| GT | Goodyear Tire & Rubber Co /Oh/ | +360,000 | 2,040,000 | $13,525,200 | |
| GTE | Gran Tierra Energy Inc. | +354,000 | 4,045,420 | $36,287,417 | |
| ASTL | Algoma Steel Group Inc. | +295,000 | 1,765,000 | $7,289,450 | |
| TSAT | Telesat Corp | +53,200 | 382,650 | $13,851,930 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VET | Vermilion Energy Inc. | −615,000 | 3,157,600 | $43,511,728 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| GPK | Graphic Packaging Holding Co | 360,000 | $3,578,400 | |
| No positions match the current search. | ||||
9 positions ·
$192,442,175 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| LUMN |
Lumen Technologies, Inc.
Communication Services
|
Added | 8,767,000 | $60,930,650 | 31.66% | |
| VET |
Vermilion Energy Inc.
Energy
|
Reduced | 3,157,600 | $43,511,728 | 22.61% | |
| GTE |
Gran Tierra Energy Inc.
Energy
|
Added | 4,045,420 | $36,287,417 | 18.86% | |
| TSAT |
Telesat Corp
Technology
|
Added | 382,650 | $13,851,930 | 7.20% | |
| GT |
Goodyear Tire & Rubber Co /Oh/
Consumer Cyclical
|
Added | 2,040,000 | $13,525,200 | 7.03% | |
| BDN |
Brandywine Realty Trust
Real Estate
|
Added | 3,740,000 | $10,135,400 | 5.27% | |
| ASTL |
Algoma Steel Group Inc.
Basic Materials
|
Added | 1,765,000 | $7,289,450 | 3.79% | |
| GPK |
Graphic Packaging Holding Co
Consumer Cyclical
|
NEW | 360,000 | $3,578,400 | 1.86% | |
| CMTG |
Claros Mortgage Trust, Inc.
Real Estate
|
Added | 1,400,000 | $3,332,000 | 1.73% |