$743 Million is the total value of MHR Fund Management's 10 reported holdings in Q1 2023. The portfolio turnover from Q4 2022 to Q1 2023 was 44.4% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| LGFA | LIONS GATE ENTMNT CORPcl a vtg | $222,813,207 | +93.9% | 20,127,661 | 0.0% | 29.98% | +52.9% | |
| LGFB | LIONS GATE ENTMNT CORPcl b non vtg | $156,795,329 | +91.2% | 15,105,523 | 0.0% | 21.10% | +50.8% | |
| TELESAT CORP | $155,101,791 | +14.7% | 18,035,092 | 0.0% | 20.87% | -9.6% | ||
| TWI | TITAN INTL INC ILL | $83,892,400 | -31.6% | 8,005,000 | 0.0% | 11.29% | -46.1% | |
| IOVA | IOVANCE BIOTHERAPEUTICS INC | $73,302,299 | -4.4% | 11,997,103 | 0.0% | 9.86% | -24.6% | |
| APOLLO GLOBAL MGMT INC | $42,885,640 | -1.0% | 679,000 | 0.0% | 5.77% | -21.9% | ||
| SCHL | SCHOLASTIC CORP | $4,448,600 | -13.3% | 130,000 | 0.0% | 0.60% | -31.5% | |
| MSGS | MADISON SQUARE GRDN SPRT CORcl a | $2,922,945 | +6.3% | 15,001 | 0.0% | 0.39% | -16.2% | |
| ATUS | ALTICE USA INCcl a | $573,876 | -25.7% | 167,800 | 0.0% | 0.08% | -41.7% | |
| DVAX | DYNAVAX TECHNOLOGIES CORP | $436,535 | -7.8% | 44,499 | 0.0% | 0.06% | -27.2% | |
| ANZUU | Exit | ANZU SPECIAL ACQUISITIN CORPunit 01/27/2026 | $0 | – | -10,000 | -100.0% | -0.02% | – |
| KIIIU | Exit | KISMET ACQUISITION THREE CORunit 99/99/9999 | $0 | – | -10,000 | -100.0% | -0.02% | – |
| TRCAU | Exit | TWIN RIDGE CAPITAL ACQUIS COunit 99/99/9999 | $0 | – | -10,000 | -100.0% | -0.02% | – |
| KAIIU | Exit | KISMET ACQUISITION TWO CORPunit 99/99/9999 | $0 | – | -10,000 | -100.0% | -0.02% | – |
| RMGCU | Exit | RMG ACQUISITION CORP IIIunit 02/08/2026 | $0 | – | -20,000 | -100.0% | -0.03% | – |
| ACAHU | Exit | ATLANTIC COASTAL ACQUISTN COunit 03/02/2026 | $0 | – | -25,000 | -100.0% | -0.04% | – |
| PRPCU | Exit | CC NEUBERGER PRINCIPAL HOLDNunit 99/99/9999 | $0 | – | -25,000 | -100.0% | -0.04% | – |
| TWNIU | Exit | TAILWIND INTERNATNAL ACQ CORunit 99/99/9999 | $0 | – | -100,000 | -100.0% | -0.17% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-05-15
About MHR Fund Management
MHR Fund Management is a private investment firm that specializes in distressed debt and equity investments. The company was founded in 1996 by Mark Rachesky, who currently serves as the CEO and Chief Investment Officer. Rachesky is a well-known figure in the finance industry, having previously worked as a portfolio manager for Carl Icahn and as a senior executive at MCA/Universal Studios.
MHR Fund Management has a diverse portfolio of investments, with a focus on companies in the media, entertainment, and healthcare industries. The company has a reputation for taking an active role in the management of its portfolio companies, often working closely with management teams to implement strategic initiatives and improve operational efficiency.
In recent years, MHR Fund Management has been involved in a number of high-profile transactions. In 2019, the company acquired a controlling stake in Barnes & Noble, the largest bookseller in the United States. MHR Fund Management also played a key role in the restructuring of iHeartMedia, one of the largest radio broadcasting companies in the world.
Overall, MHR Fund Management has a strong track record of generating attractive returns for its investors. However, like all investment firms, there are risks associated with investing in its funds. Investors should carefully consider their investment objectives and risk tolerance before investing in any fund managed by MHR Fund Management.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| TITAN INTL INC ILL | 38 | Q1 2023 | 20.9% |
| LORAL SPACE & COMMUNICATNS INC | 34 | Q3 2021 | 39.0% |
| NAVISTAR INTL CORP NEW | 32 | Q1 2021 | 56.3% |
| DYNAVAX TECHNOLOGIES CORP | 32 | Q1 2023 | 0.1% |
| LIONS GATE ENTMNT CORP | 26 | Q1 2023 | 36.1% |
| LIONS GATE ENTMNT CORP | 26 | Q1 2023 | 25.1% |
| PJT PARTNERS INC | 20 | Q3 2020 | 5.8% |
| LIONS GATE ENTMNT CORP | 14 | Q3 2016 | 69.4% |
| KEY ENERGY SVCS INC | 13 | Q2 2016 | 6.1% |
| BELLATRIX EXPLORATION LTD. | 13 | Q2 2017 | 0.2% |
View MHR Fund Management's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| IOVANCE BIOTHERAPEUTICS, INC. | December 30, 2022 | 10,511,920 | 5.8% |
| LIONS GATE ENTERTAINMENT CORP /CN/ | November 21, 2022 | 11,874,473 | 14.2% |
| Telesat Corp | November 23, 2021 | 2,519,410 | 5.1% |
| LORAL SPACE & COMMUNICATIONS INC.Sold out | November 22, 2021 | 0 | 0.0% |
| NAVISTAR INTERNATIONAL CORPSold out | July 02, 2021 | 0 | 0.0% |
| TITAN INTERNATIONAL INC | February 26, 2019 | 7,200,427 | 12.0% |
| EMISPHERE TECHNOLOGIES INC | August 15, 2017 | 22,544,146 | 29.2% |
| LIONS GATE ENTERTAINMENT CORP /CN/ | July 01, 2016 | 23,748,947 | 16.1% |
| KEY ENERGY SERVICES INC | August 24, 2015 | 14,084,070 | 8.9% |
| LEAP WIRELESS INTERNATIONAL INCSold out | March 17, 2014 | 0 | 0.0% |
View MHR Fund Management's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2023-05-15 |
| 13F-HR | 2023-02-14 |
| SC 13G | 2022-12-30 |
| SC 13D/A | 2022-11-21 |
| 13F-HR | 2022-11-14 |
| 13F-HR | 2022-08-15 |
| 4 | 2022-06-15 |
| 13F-HR | 2022-05-16 |
| 13F-HR | 2022-02-14 |
| SC 13D | 2021-11-23 |
View MHR Fund Management's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.