Skip to main content
Livermore
Livermore
ZHEN

Mudrick Capital Management, L.P.

SEC CIK
0001655183
Latest filing
Aug 14, 2026

The latest 13F from Mudrick Capital Management, L.P. covers Q2 2026 (filed Aug 14, 2026): 4 long positions worth $447.9M. The top 10 holdings make up 100.0% of the portfolio, and the largest is DPC Holdings PLC (DPC) at 70.1%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
1
Est. +$314.1M
Added
2
Est. +$11.7M
Reduced
1
Est. −$4.35M
Sold out
0

Top 5 holdings

Share of this quarter's portfolio value

  1. DPCDPC Holdings PLC
    70.1%$314.1MHistory
  2. EVTLVertical Aerospace Ltd.
    20.3%$90.8MHistory
  3. VRMVroom, Inc.
    6.8%$30.7MHistory
  4. FUBOFuboTV Inc.
    2.8%$12.4MHistory

Share of portfolio

Each position's share of portfolio value

  1. DPC70.1%
  2. EVTL20.3%
  3. VRM6.8%
  4. FUBO2.8%

Biggest buys

New and added positions, by estimated amount bought

  1. DPCDPC Holdings PLC
    +$314.1MNewHistory
  2. FUBOFuboTV Inc.
    +$11.6MAddedHistory
  3. VRMVroom, Inc.
    +$120.1KAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. DPCDPC Holdings PLC
    +70.13 pp0.0% → 70.1%History
  2. FUBOFuboTV Inc.
    +2.28 pp0.5% → 2.8%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. EVTLVertical Aerospace Ltd.
    −$4.35MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. EVTLVertical Aerospace Ltd.
    −48.99 pp69.2% → 20.3%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$447.9M
+$273.5M (+156.8%) vs. prior quarter
Positions
4
+1 vs. prior quarter
Top 10 concentration
100.0%
Top 10 as share of value
Turnover
1.4%
Q2 2026, one quarter
Average holding period
2.6 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $910.7M (Q2 2021)

Q1 2021: $882.0MQ2 2021: $910.7MQ3 2021: $670.8MQ4 2021: $727.6MQ1 2022: $688.7MQ2 2022: $399.0MQ3 2022: $380.6MQ4 2022: $267.1MQ1 2023: $225.4MQ2 2023: $256.6MQ3 2023: $339.9MQ4 2023: $446.3MQ1 2024: $248.2MQ2 2024: $246.8MQ3 2024: $160.9MQ4 2024: $595.6MQ1 2025: $289.3MQ2 2025: $472.6MQ3 2025: $395.8MQ4 2025: $370.2MQ1 2026: $174.4MQ2 2026: $447.9M
Q1 2021Q2 2026
13F filings of Mudrick Capital Management, L.P. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 20264$447.9MDPCEVTLVRMvs. Q1 2026SEC
Q1 2026May 15, 20263$174.4MEVTLVRMFUBOvs. Q4 2025SEC
Q4 2025Feb 17, 20262$370.2MEVTLVRMvs. Q3 2025SEC
Q3 2025Nov 14, 20254$395.8MEVTLVRMLuminar Technologies, Inc.vs. Q2 2025SEC
Q2 2025Aug 14, 20254$472.6MEVTLVRMLuminar Technologies, Inc.vs. Q1 2025SEC
Q1 2025May 15, 20252$289.3MEVTLVRMvs. Q4 2024SEC
Q4 2024Feb 13, 20251$595.6MEVTLvs. Q3 2024SEC
Q3 2024Nov 14, 20243$160.9MVroom, Inc.GSATEVTWFvs. Q2 2024SEC
Q2 2024Aug 14, 20246$246.8MVroom, Inc.2U, LLCGSATvs. Q1 2024SEC
Q1 2024May 15, 202410$248.2MVroom, Inc.2U, LLCGSATvs. Q4 2023SEC
Q4 2023Feb 14, 20249$446.3MFuboTV Inc.Vroom, Inc.GSATvs. Q3 2023SEC
Q3 2023Nov 14, 202310$339.9MFuboTV Inc.Vroom, Inc.GSATvs. Q2 2023SEC
Q2 2023Aug 14, 202311$256.6MFuboTV Inc.Vroom, Inc.GSATvs. Q1 2023SEC
Q1 2023May 15, 202311$225.4MGSATVroom, Inc.FuboTV Inc.vs. Q4 2022SEC
Q4 2022Feb 14, 202313$267.1MGSATFuboTV Inc.Vroom, Inc.vs. Q3 2022SEC
Q3 2022Nov 14, 202213$380.6MGSATAurora Cannabis IncFuboTV Inc.vs. Q2 2022SEC
Q2 2022Aug 15, 202212$399.0MTHRYGSATAurora Cannabis Incvs. Q1 2022SEC
Q1 2022May 16, 202211$688.7MTHRYAurora Cannabis IncGSATvs. Q4 2021SEC
Q4 2021Feb 14, 202213$727.6MTHRYAurora Cannabis IncGSATvs. Q3 2021SEC
Q3 2021Nov 12, 202111$670.8MTHRYAurora Cannabis IncGSATvs. Q2 2021SEC
Q2 2021Aug 16, 202113$910.7MTHRYAurora Cannabis IncGSATvs. Q1 2021SEC
Q1 2021May 17, 202110$882.0MTHRYAurora Cannabis IncGSAT–SEC

13D and 13G filings

Companies where Mudrick Capital Management, L.P. reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

4 companies, largest stake first.

Companies where Mudrick Capital Management, L.P. owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
GETRGetaround, Inc13D/A90.90%977.6M shares+0.30 ppfrom 90.60%Dec 19, 202214 filingsJun 18, 2026SEC
VRMVroom, Inc.13D/A76.20%3.97M shares−0.10 ppfrom 76.30%Jan 22, 20254 filingsJun 3, 2026SEC
EVTLVertical Aerospace Ltd.13D/A64.20%214.7M shares0.00 ppfrom 64.20%Feb 11, 202214 filingsSep 24, 2026SEC
FUBOFuboTV Inc.13G9.50%36.0M sharesNewNov 5, 20251 filingNov 5, 2025SEC

Latest filings

59 filings on file made by Mudrick Capital Management, L.P. or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Mudrick Capital Management, L.P.
CompanyFiled (ET)FormStakeChangeEvent dateFiling
EVTLVertical Aerospace Ltd.Sep 24, 20266:04 PM ET13D/A64.20%214.7M shares0.00 ppfrom 64.20%Sep 23, 2026SEC
EVTLVertical Aerospace Ltd.Aug 14, 20265:08 PM ET13D/A64.20%214.7M shares+9.20 ppfrom 55.00%Aug 12, 2026SEC
EVTLVertical Aerospace Ltd.Aug 7, 20269:40 PM ET13D/A55.00%105.4M shares−3.40 ppfrom 58.40%Aug 5, 2026SEC
GETRGetaround, IncJun 18, 20265:43 PM ET13D/A90.90%977.6M shares+0.30 ppfrom 90.60%Jun 16, 2026SEC
VRMVroom, Inc.Jun 3, 20268:49 PM ET13D/A76.20%3.97M shares−0.10 ppfrom 76.30%May 14, 2026SEC
EVTLVertical Aerospace Ltd.May 19, 20266:02 AM ET13D/A58.40%101.0M shares0.00 ppfrom 58.40%Apr 20, 2026SEC
FUBOFuboTV Inc.May 14, 20264:16 PM ET13G/A4.76%1.41M shares–Below 5%Mar 31, 2026SEC
GETRGetaround, IncApr 14, 20269:47 PM ET13D/A90.60%933.6M shares–Apr 9, 2026SEC
EVTLVertical Aerospace Ltd.Apr 1, 20265:53 PM ET13D/A58.40%101.0M shares−11.30 ppfrom 69.70%Mar 30, 2026SEC
VRMVroom, Inc.Jan 21, 20266:24 PM ET13D/A76.30%3.97M shares−0.20 ppfrom 76.50%Jan 16, 2026SEC
FUBOFuboTV Inc.Nov 5, 20259:47 PM ET13G9.50%36.0M sharesNewOct 29, 2025SEC
EVTLVertical Aerospace Ltd.Jul 14, 20259:35 PM ET13D/A69.70%98.0M shares−4.10 ppfrom 73.80%Jul 10, 2025SEC
VRMVroom, Inc.Feb 20, 20257:07 AM ET13D/A76.50%3.95M shares0.00 ppfrom 76.50%Feb 18, 2025SEC
EVTLVertical Aerospace Ltd.Jan 28, 20258:20 PM ET13D/A73.80%93.3M shares−5.50 ppfrom 79.30%Jan 24, 2025SEC
VRMVroom, Inc.Jan 22, 20257:42 AM ET13D76.50%3.95M sharesNewJan 14, 2025SEC
EVTLVertical Aerospace Ltd.Dec 26, 20246:33 PM ET13D/A79.30%84.9M shares–Dec 20, 2024SEC
EVTLVertical Aerospace Ltd.Nov 25, 202413D/AOld format–––SEC
GETRGetaround, IncNov 14, 202413D/AOld format–––SEC
EVTLVertical Aerospace Ltd.Nov 13, 202413D/AOld format–––SEC
EVTLVertical Aerospace Ltd.Oct 23, 202413DOld format–––SEC