MHR Fund Management LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), MHR Fund Management LLC reported 11 stock positions worth $1.9 billion. Its top holding was Telesat (TSAT) at 47.6% of the portfolio, followed by Lionsgate Studios (LION, 30.0%) and Hafnia (HAFN, 7.1%). Compared with Q1 2026, it opened 1 new position and added to 2. The biggest buy was a new position in Stmicroelectronics NV-NY SHS (STM).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001277742
Portfolio Value
$1.9B (Q2 2026)
SEC Filing
0001011438-26-000543 ↗ filed Aug 14, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.0B Q1 2024 Q2 2024: $820.6M Q2 2024 Q3 2024: $917.0M Q3 2024 Q4 2024: $904.4M Q4 2024 Q1 2025: $832.0M Q1 2025 Q2 2025: $901.6M Q2 2025 Q3 2025: $1.0B Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $1.4B Q1 2026 Q2 2026: $1.9B $1.9B Q2 2026

Holdings 11 stocks · $1.9B
TSAT Telesat Corp. 47.56% 18,035,092 $912.9M No change
LION Lionsgate Studios Corp. 30.03% 37,648,498 $576.4M No change
HAFN Hafnia Ltd. 7.07% 20,446,652 $135.8M Add +10.5%
IOVA Iovance Biotherapeutics Inc. 6.28% 28,967,103 $120.5M No change
STRZ Starz Entertainment Corp. 4.31% 2,863,232 $82.6M No change
APO Apollo Global Management Inc. 2.46% 399,505 $47.3M No change
GFF Griffon Corp. 1.22% 239,392 $23.3M No change
PAX Patria Investments Ltd. Class A 0.57% 1,000,000 $11.0M Add +11.1%
WULF Terawulf Inc. 0.39% 300,000 $7.4M No change
OPTU Optimum Communications Inc. Class A 0.08% 1,070,800 $1.6M No change
STM Stmicroelectronics NV-NY SHS 0.03% 7,500 $562K New

Portfolio Sells Q1 2026 → Q2 2026
None this quarter.

Portfolio Buys Q1 2026 → Q2 2026
STM Stmicroelectronics NV-NY SHS New 0.03% +0.03
PAX Patria Investments Ltd. Class A Add +11.1% 0.57% −0.26
HAFN Hafnia Ltd. Add +10.5% 7.07% −3.20

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 11$1.9BTSAT, LION, HAFN, IOVA, STRZ
Q1 2026 10$1.4BTSAT, LION, HAFN, IOVA, APO
Q4 2025 10$1.2BTSAT, LION, HAFN, IOVA, APO
Q3 2025 10$1.0BTSAT, LION, HAFN, IOVA, APO
Q2 2025 9$901.6MTSAT, LION, HAFN, APO, IOVA
Q1 2025 9$832.0MTSAT, LIONS GATE ENTMNT CORP, LGF.B, IOVA, APO
Q4 2024 9$904.4MTSAT, IOVA, LIONS GATE ENTMNT CORP, LGF.B, APO
Q3 2024 9$917.0MTSAT, IOVA, LIONS GATE ENTMNT CORP, LGF.B, APO
Q2 2024 9$820.6MIOVA, LIONS GATE ENTMNT CORP, TSAT, LGF.B, APO
Q1 2024 10$1.0BIOVA, LIONS GATE ENTMNT CORP, TSAT, LGF.B, TWI