MHR Fund Management’s Telesat TSAT Stock Holding History

MHR Fund Management’s Portfolio TSAT Stock Details TSAT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$913M	Hold	18,035,092	–	–	47.56%	1
2026 Q1	$653M	Hold	18,035,092	–	–	47.72%	1
2025 Q4	$525M	Hold	18,035,092	–	–	45.17%	1
2025 Q3	$478M	Hold	18,035,092	–	–	46.81%	1
2025 Q2	$441M	Hold	18,035,092	–	–	48.89%	1
2025 Q1	$340M	Hold	18,035,092	–	–	40.82%	1
2024 Q4	$296M	Hold	18,035,092	–	–	32.78%	1
2024 Q3	$238M	Hold	18,035,092	–	–	25.9%	1
2024 Q2	$164M	Hold	18,035,092	–	–	20%	3
2024 Q1	$154M	Hold	18,035,092	–	–	14.85%	3
2023 Q4	$188M	Hold	18,035,092	–	–	20.55%	2
2023 Q3	$258M	Hold	18,035,092	–	–	31.62%	1
2023 Q2	$170M	Hold	18,035,092	–	–	23.89%	2
2023 Q1	$155M	Hold	18,035,092	–	–	20.87%	3
2022 Q4	$135M	Hold	18,035,092	–	–	23.08%	1
2022 Q3	$141M	Hold	18,035,092	–	–	26.46%	2
2022 Q2	$201M	Hold	18,035,092	–	–	29.39%	1
2022 Q1	$298M	Hold	18,035,092	–	–	29.49%	2
2021 Q4	$517M	Buy	+18,035,092	New	+$565M	42.45%	1

Other funds holding TSAT

Public Sector Pension Investment Board (PSP Investments) Montreal, Quebec, Canada $38.7B AUM 44.46% 1-Year Est. Return

GAMCO Investors Greenwich, Connecticut $11.1B AUM 41.79% 1-Year Est. Return

Gabelli Funds Rye, New York $15.7B AUM 36.4% 1-Year Est. Return

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

NAM

Nexpoint Asset Management Dallas, Texas $1.5B AUM 83.46% 1-Year Est. Return

LAII

LM Asset (IM) Inc Vancouver, British Columbia, Canada $161M AUM 77.63% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

PCM

PenderFund Capital Management Vancouver, British Columbia, Canada $780M AUM 24.84% 1-Year Est. Return

Vestcor Inc Fredericton, New Brunswick, Canada $4.05B AUM 34.57% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $100B AUM 36.93% 1-Year Est. Return

MHR Fund Management's TSAT Position: Q2 2026 in Review

MHR Fund Management held its Telesat (TSAT) position steady in Q2 2026 at 18,035,092 shares worth $913M. The position accounts for 47.56% of the portfolio, ranked #1.

MHR Fund Management first reported a position in TSAT in Q4 2021 and has held it in 19 quarters since. 103 funds tracked by Wall St. Rank hold TSAT as of Q2 2026.

MHR Fund Management held 18,035,092 shares of Telesat worth $913M as of Q2 2026.
MHR Fund Management left its Telesat share count unchanged in Q2 2026.
Telesat made up 47.56% of MHR Fund Management's portfolio in Q2 2026, its #1 holding.
MHR Fund Management first reported a position in Telesat in Q4 2021 and has held it in 19 quarters since.
103 funds tracked by Wall St. Rank held Telesat as of Q2 2026.

Based on MHR Fund Management's 13F filing for Q2 2026, filed 14 Aug 2026.