MHR FUND MANAGEMENT LLC

CIK

1277742

Location

NEW YORK, NY

Portfolio Value

Mid $1,368,068,576

Diversification

Highly concentrated

Filing Date

Global Rank

#1,483 / 8,623 ▲ 179 · as of Mar 2026

Top Industry

Communication Equipment 64.8%

3Y Alpha vs SPY

+10.5%

Period ended 4 months ago

Filed May 15, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+110.9%

SPY

+65.3%

Annualised alpha

+10.0%

Max drawdown

−40.3%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

10 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

47.7%

+2.5 pts

Top 5

95.1%

−0.0 pts

Top 10

100.0%

0.0 pts

HHI

3,153

Highly concentrated+81

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	47.7%	$652,870,330	1
Unclassified	26.4%	$361,049,095	1
Industrials	11.5%	$157,973,565	2
Healthcare	7.4%	$101,674,531	1
Financial Services	4.4%	$60,181,847	3
Communication Services	2.5%	$34,319,208	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
GFF	Griffon Corp	+114,392	239,392	$17,399,010
PAX	Patria Investments Ltd	+100,000	900,000	$11,340,000
No positions match the current search.

Trimmed

Positions the filer reduced

No qualifying positions this quarter.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
WULF	Terawulf Inc.	300,000	$4,329,000
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

10 tracked positions · $1,368,068,576 total · filing declares 10 positions · $1,368,068,579 · as of Mar 31, 2026

All sectors Communication Services Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TSAT	Telesat Corp Technology	Held	18,035,092	0	$652,870,330	+24.4%	47.72%
LION	Lionsgate Studios Corp.	Held	37,648,498	0	$361,049,095	+5.0%	26.39%
HAFN	Hafnia Ltd Industrials	Held	18,496,652	0	$140,574,555	+42.6%	10.28%
IOVA	Iovance Biotherapeutics, Inc. Healthcare	Held	28,967,103	0	$101,674,531	+28.6%	7.43%
APO	Apollo Global Management, Inc. Financial Services	Held	399,505	0	$44,512,847	−23.0%	3.25%
STRZ	Starz Entertainment Corp /Cn/ Communication Services	Held	2,863,232	0	$32,927,168	−1.7%	2.41%
GFF	Griffon Corp Industrials	Added	239,392	+114,392	$17,399,010	+89.0%	1.27%
PAX	Patria Investments Ltd Financial Services	Added	900,000	+100,000	$11,340,000	−10.8%	0.83%
WULF	Terawulf Inc. Financial Services	NEW	300,000	NEW	$4,329,000	NEW	0.32%
OPTU	Optimum Communications, Inc. Communication Services	Held	1,070,800	0	$1,392,040	−21.2%	0.10%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.