MHR Fund Management Portfolio holdings
MHR Fund Management is a private investment firm that invests in distressed or undervalued middle-market companies, mostly through debt and custom-built financings. Mark Rachesky started the firm in 1996 and is its chief investment officer and indirect principal owner. MHR works as a hands-on investor, seeking control or significant influence over its portfolio companies, and may use bankruptcy or restructuring to improve their capital and cost structures. Its clients are private funds, whose investors include pension funds, sovereign wealth funds, endowments and foundations.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Hafnia
HAFN
|
+$15.8M |
| 2 |
Patria Investments
PAX
|
+$1.19M |
| 3 |
STMicroelectronics
STM
|
+$451K |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 47.59% |
| 2 | Communication Services | 34.42% |
| 3 | Industrials | 8.29% |
| 4 | Healthcare | 6.28% |
| 5 | Financials | 3.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Telesat
TSAT
$614M
| $913M | 47.56% |
18,035,092
| – | – |
2021 Q4
18 quarters
|
|
2
Lionsgate Studios
LION
$3.7B
| $576M | 30.03% |
37,648,498
| – | – |
2025 Q2
4 quarters
|
|
|
3
Hafnia
HAFN
$5.82B
| $136M | 7.07% |
20,446,652
+1,950,000
| +11% | +$15.8M |
2024 Q3
7 quarters
|
|
4
Iovance Biotherapeutics
IOVA
$3.84B
| $121M | 6.28% |
28,967,103
| – | – |
2022 Q4
14 quarters
|
|
5
Starz Entertainment Corp
STRZ
$378M
| $82.6M | 4.31% |
2,863,232
| – | – |
2025 Q2
4 quarters
|
|
6
Apollo Global Management
APO
$68.4B
| $47.3M | 2.46% |
399,505
| – | – |
2021 Q3
19 quarters
|
|
7
Griffon
GFF
$4.58B
| $23.3M | 1.22% |
239,392
| – | – |
2025 Q3
3 quarters
|
|
|
8
Patria Investments
PAX
$1.49B
| $11M | 0.57% |
1,000,000
+100,000
| +11% | +$1.19M |
2025 Q1
5 quarters
|
|
9
TeraWulf
WULF
$5.85B
| $7.41M | 0.39% |
300,000
| – | – |
2026 Q1
1 quarter
|
|
10
Optimum Communications Inc
OPTU
$278M
| $1.55M | 0.08% |
1,070,800
| – | – |
2021 Q3
19 quarters
|
|
|
11
STMicroelectronics
STM
$41.8B
| $562K | 0.03% |
+7,500
| New | +$451K |
2026 Q2
0 quarters
|
|
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MHR Fund Management's Q2 2026 Portfolio in Review
As of Q2 2026, MHR Fund Management held 11 positions worth $1.92B, up 40% from $1.37B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
MHR Fund Management's Q2 2026 filing shows 1 new and 2 increased positions. Its largest new stake was STMicroelectronics: 7,500 shares worth $562K.
By sector, the portfolio is most concentrated in Technology at 48% of assets, down from 48% a quarter earlier, followed by Communication Services and Industrials.
- MHR Fund Management's largest Q2 2026 buy was STMicroelectronics: 7,500 shares worth $562K.
- MHR Fund Management added most to Hafnia in Q2 2026, an estimated $15.8M increase.
- MHR Fund Management's ten largest holdings make up 100% of its $1.92B portfolio in Q2 2026.
- MHR Fund Management opened 1 new position and closed 0 in Q2 2026.
- MHR Fund Management's portfolio value rose 40% quarter-over-quarter to $1.92B.
Based on MHR Fund Management's 13F filing for Q2 2026, filed 14 Aug 2026.