MHR FUND MANAGEMENT LLC

CIK 1277742 · View on SEC EDGAR ↗

Portfolio value
$1.9B
#1,556 of 9,443 by 13F value · top 16.5%
Positions
11
As of
June 30, 2026

Portfolio value QoQ: +40.3% 13F does not disclose cash

Top 10 holdings weight
99.97%
Top 25 holdings weight
100.00%
Positions above 1%
7
Effective number of positions
3.0

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 0.0% Est. buys $14,607,675 · sells $0

Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 73.3% still held

New positions
1
Increased
2
Decreased
0
Closed
1
On this page

Performance vs S&P 500

Tracked Q2 2025–Q2 2026
+105.8%
S&P 500 total return (same window)
+21.7%
Excess return
+84.2%

Annualized: +105.8% · S&P 500: +21.7%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 0.0%

Sector breakdown

Telecommunication
47.6%
Communication Services
34.4%
Energy
7.1%
Healthcare
6.3%
Financial Services
3.0%
Industrials
1.2%
Technology
0.4%

Full portfolio 11 positions

Type Streak 8Q trend
TSAT Telesat Corporation - Class A Common Shares and Class B Variable Voting Shares $912,936,357 47.56% 18,035,092 $260,066,027
LION Lionsgate Studios Corp Common Shares $576,398,504 30.03% 37,648,498 $215,349,408
HAFN Hafnia Limited Common Shares $135,765,769 7.07% 20,446,652 $-4,808,786 Up ×1
IOVA Iovance Biotherapeutics, Inc. - Common Stock $120,503,148 6.28% 28,967,103 $18,828,616
STRZ Starz Entertainment Corp. - Common Shares $82,632,875 4.31% 2,863,232 $49,705,707
APO Apollo Global Management, Inc. (New) Common Stock $47,265,437 2.46% 399,505 $2,752,590
GFF Griffon Corporation Common Stock $23,347,902 1.22% 239,392 $5,948,891
PAX Patria Investments Limited - Class A Common Shares $10,980,000 0.57% 1,000,000 $-360,000 Up ×2
WULF TeraWulf Inc. - Common Stock $7,410,000 0.39% 300,000 $3,081,000
OPTU Optimum Communications, Inc. Class A common stock $1,552,660 0.08% 1,070,800 $160,620
STM STMicroelectronics N.V. Common Stock $561,675 0.03% 7,500 Up ×1

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
STM $561,675 7,500 0.03%

Top movers (QoQ)

Security Action Shares Δ Value Δ
TSAT Price move only +0 +$260.1M
LION Price move only +0 +$215.3M
STRZ Price move only +0 +$49.7M
IOVA Price move only +0 +$18.8M
GFF Price move only +0 +$5.9M
HAFN Bought more +1.9M -$4.8M
WULF Price move only +0 +$3.1M
APO Price move only +0 +$2.8M
PAX Bought more +100K -$360K
OPTU Price move only +0 +$161K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
LGFA June 30, 2025 20,127,661 $178,129,800 No longer tracked
LGFB June 30, 2025 15,105,523 $119,635,742 No longer tracked
GEO March 31, 2025 250,000 $6,995,000 9.4%
DVAX March 31, 2026 44,499 $684,395 No longer tracked