Mhr Fund Management LLC

Institutional manager·CIK 0001277742

Annual return '25

+7.7%

SPY '25

+17.7%

Alpha

-10.1ptsvs SPY

Invested

$1.4B

Holdings

10

Trades YTD

0

Performance · Fund vs SPY

Cumulative return · quarterly snapshots

Coverage 97%. 4 quarters of 2025 measured against SPY adj-close benchmark.

Top holdings · current snapshot

Source: 13F-HR

Q4 2024: New position (18.04M shares)

LIONSGATE STUDIOS CORP

Q2 2025: New position (37.65M shares)

Q3 2025: Increased +23.9% (13.87M → 17.19M shares)

IOVANCE BIOTHERAPEUTICS INC

Q2 2025: Increased +18.6% (24.42M → 28.97M shares)

APOLLO GLOBAL MGMT INC

Q3 2025: Sold 15.9% (475.0k → 399.5k shares)

STARZ ENTERTAINMENT CORP.

Q2 2025: New position (2.86M shares)

Q3 2025: New position (125.0k shares)

PATRIA INVESTMENTS LIMITED

Q3 2025: Increased +27.4% (628.0k → 800.0k shares)

Held since at least Q1 2024

OPTIMUM COMMUNICATIONS INC

Q4 2024: New position (167.8k shares)

See all 10 holdings · Pro →

Recent trades · Last 90 days

No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.

Convergence · Pattern Engine ships in v1.1

30-day window

In development

Convergence participation lands with the Pattern Engine.

Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.

Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 13:19 UTC.