MHR Fund Management LLC

Bought Terawulf, sold out of Dynavax Technologies. Portfolio up 18% to $1.4B.

$1.4B portfolio10 holdingstop 10 = 100%filed 2026-05-15

1TSATTelesat Corp47.72%
$652.9M - 18.0M shares-
2LIONLionsgate Studios Corp26.39%
$361.0M - 37.6M shares-
3Hafnia LTD10.28%
$140.6M - 18.5M shares-
4IOVAIovance Biotherapeutics In7.43%
$101.7M - 29.0M shares-
5APOApollo Global MGMT Inc3.25%
$44.5M - 400K shares-
6STRZStarz Entertainment Corp.2.41%
$32.9M - 2.9M shares-
7GFFGriffon Corp1.27%
$17.4M - 239K shares+114K
8Patria Investments Limited0.83%
$11.3M - 900K shares+100K
9WULFTerawulf Inc0.32%
$4.3M - 300K sharesNEW
10OPTUOptimum Communications Inc0.10%
$1.4M - 1.1M shares-

#	Stock
1	TSATTelesat Corp	47.72%	$652.9M	18.0M	-
2	LIONLionsgate Studios Corp	26.39%	$361.0M	37.6M	-
3	Hafnia LTD	10.28%	$140.6M	18.5M	-
4	IOVAIovance Biotherapeutics In	7.43%	$101.7M	29.0M	-
5	APOApollo Global MGMT Inc	3.25%	$44.5M	400K	-
6	STRZStarz Entertainment Corp.	2.41%	$32.9M	2.9M	-
7	GFFGriffon Corp	1.27%	$17.4M	239K	+114K
8	Patria Investments Limited	0.83%	$11.3M	900K	+100K
9	WULFTerawulf Inc	0.32%	$4.3M	300K	NEW
10	OPTUOptimum Communications Inc	0.10%	$1.4M	1.1M	-

What a 13F does not show

Filed up to 45 days after the quarter ends, so this is Q1 2026, not today. US-listed shares and some options only. No short bets, cash, bonds, or foreign listings.