MHR FUND MANAGEMENT LLC

MHR Fund Management's Q1 2026 13F is the public-equity window into a larger distressed-credit and special-situations operation. The 13F shows a concentrated holdings list — financial services, opportunistic restructuring names, and select value-oriented positions — that maps onto the firm's broader distress-focused franchise. The WhaleScore of 79 reflects overall fund performance, which in a multi-strategy credit vehicle is driven primarily by private-market returns rather than public-equity selection. The 13F is a residual: names the firm controls, monitors, or has taken public after restructuring — best read as a special-situations tracker rather than a conventional long-only equity strategy.