Mhr Fund Management 13F annual report

Mhr Fund Management is an investment fund managing more than $1.03 trillion ran by Janet Yeung. There are currently 9 companies in Mrs. Yeung’s portfolio. The largest investments include Iovance Biotherapeutics Inc and Lions Gate Entmnt Corp, together worth $697 billion.

$1.03 trillion Assets Under Management (AUM)

As of 8th May 2024, Mhr Fund Management’s top holding is 23,997,103 shares of Iovance Biotherapeutics Inc currently worth over $356 billion and making up 34.4% of the portfolio value. Relative to the number of outstanding shares of Iovance Biotherapeutics Inc, Mhr Fund Management owns less than approximately 0.1% of the company. In addition, the fund holds 35,233,184 shares of Lions Gate Entmnt Corp worth $341 billion. The third-largest holding is Telesat Corp worth $154 billion and the next is Titan Intl Inc Ill worth $99.7 billion, with 8,005,000 shares owned.

Currently, Mhr Fund Management's portfolio is worth at least $1.03 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Mhr Fund Management

The Mhr Fund Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Janet Yeung serves as the Authorized Signatory at Mhr Fund Management.

Recent trades

In the most recent 13F filing, Mhr Fund Management revealed that it had opened a new position in Iovance Biotherapeutics Inc and bought 23,997,103 shares worth $356 billion. This means they effectively own approximately 0.1% of the company. Iovance Biotherapeutics Inc makes up 99.8% of the fund's Health Care sector allocation and has grown its share price by 36.7% in the past year.

The investment fund also strengthened its position in Lions Gate Entmnt Corp by buying 871,380 additional shares. This makes their stake in Lions Gate Entmnt Corp total 35,233,184 shares worth $341 billion.

On the other hand, there are companies that Mhr Fund Management is getting rid of from its portfolio. Mhr Fund Management closed its position in Scorpio Tankers Inc on 15th May 2024. It sold the previously owned 66,000 shares for $2.28 million.

One of the average hedge funds

The two most similar investment funds to Mhr Fund Management are Trigran Investments and Shellback Capital, L.P.. They manage $1.04 trillion and $1.03 trillion respectively.

Janet Yeung investment strategy

Mhr Fund Management’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Health Care — making up 34.4% of the total portfolio value. The fund focuses on investments in the United States as 44.4% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up approximately 0.1% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $1.41 billion.

The complete list of Mhr Fund Management trades based on 13F SEC filings

These positions were updated on May 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Iovance Biotherapeutics Inc	Opened 23,997,103	$355,637,066,000	34.36%
Lions Gate Entmnt Corp	2.54% 35,233,184	$340,902,646,000	32.94%
Telesat Corp	No change 18,035,092	$153,658,984,000	14.85%
Titan Intl Inc Ill	No change 8,005,000	$99,742,300,000	9.64%
Apollo Global Mgmt Inc	No change 679,000	$76,353,550,000	7.38%
Scholastic Corp.	No change 130,000	$4,902,300,000	0.47%
Madison Square Grdn Sprt Cor	Opened 15,001	$2,767,985,000	0.27%
Dynavax Technologies Corp.	No change 44,499	$552,233,000	0.05%
Altice USA Inc	No change 167,800	$437,958,000	0.04%
Scorpio Tankers Inc	Closed 66,000	$2,278,000
No transactions found
Showing first 500 out of 10 holdings