WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q2 2018

Hedge fundSEC filingsCompare with another fundHoldings as of 2018-06-30, filed 2018-08-14

Melqart Asset Management (UK) Ltd disclosed 25 US equity positions worth $1.2bn in its Q2 2018 13F filing. Its largest position is NXPI at 20.1% of the reported book, followed by T and XL GROUP LTD. Versus Q1 2018 it opened 14 new positions, added to 10, reduced 1 and exited 3.

$1.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
25
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
20.1%
Largest position
The largest single position as a share of the reported equity book.
73.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
11
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
35
Quarters on file since Q4 2017
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q1 2018: 14 new, 10 added, 1 reduced, 3 exited

25 rows
NXPI NXP SEMICONDUCTORS N VTechnology20.1%$232m2.12m+29%added
T AT&T INCCommunication Services16.0%$185m5.84m–new
XL GROUP LTD no ticker–7.5%$86.5m1.55m+100%added
AETNA INC NEW no ticker–4.9%$56.3m307,645–new
DELL DELL TECHNOLOGIES INCTechnology4.8%$55.6m657,500+51%added
ROCKWELL COLLINS INC no ticker–4.8%$55.2m409,800–new
QIW QIWI PLC–4.5%$51.4m3.26m+1.4%added
EQT EQT CORPORATIONEnergy4.0%$46.2m836,699+32%added
ENVISION HEALTHCARE CORP no ticker–3.7%$42.6m968,000–new
ATLANTICA SUSTAINABLE INFR P no ticker–3.6%$41.1m2.04m+0.8%added
AKRXEUR AKORN INC–2.9%$33.4m2.01m+45%added
ICPTUSD INTERCEPT PHARMACEUTICALS IN–2.8%$32.8m390,600+31%added
VRTX VERTEX PHARMACEUTICALS INCHealthcare2.7%$31.4m184,800–new
CAVM CAVIUM INC–2.6%$29.6m342,000–new
QESEUR QUINTANA ENERGY SVCS INC–2.4%$27.9m3.29m+5.1%added
COTY COTY INCConsumer Defensive2.4%$27.1m1.93m–new
AVA AVISTA CORPUtilities2.1%$24.2m458,801–new
QCOM QUALCOMM INCTechnology2.0%$23.2m413,500−47%reduced
PBYI PUMA BIOTECHNOLOGY INCHealthcare1.5%$17.1m289,200–new
DBD DIEBOLD NIXDORF INCTechnology1.3%$14.9m1.25m+4.1%added
EDUCATION RLTY TR INC no ticker–1.3%$14.4m347,750–new
TWENTY FIRST CENTY FOX INC no ticker–0.8%$9.4m190,583–new
TWENTY FIRST CENTY FOX INC no ticker–0.8%$9.3m187,000–new
OPTU OPTIMUM COMMUNICATIONS INCCommunication Services0.5%$5.5m322,213–new
SHIRE PLC no ticker–0.3%$3.4m20,000–new

Exited since Q1 2018

3 rows
MONSANTO CO NEW no ticker16.3%$129m
TWXCHF TIME WARNER INC13.3%$105m
WP WORLDPAY INC2.7%$21.1m

Sector mix

  • Unclassified42.7%
  • Technology28.2%
  • Communication Services16.5%
  • Healthcare4.2%
  • Energy4.0%
  • Consumer Defensive2.4%
  • Utilities2.1%

Book over time

Every quarter on file (35)
QuarterPositionsEquity book
Q2 202640$1.1bn
Q1 202641$1.0bn
Q4 202544$999m
Q3 202544$749m
Q2 202530$700m
Q1 202545$740m
Q4 202442$743m
Q3 202446$1.0bn
Q2 202449$1.1bn
Q1 202445$1.3bn
Q4 202336$1.2bn
Q3 202335$1.4bn
Q2 202332$1.1bn
Q1 202332$1.3bn
Q4 202238$1.1bn
Q3 202262$1.2bn
Q2 202261$985m
Q1 202266$1.4bn
Q4 202181$1.8bn
Q3 202193$2.0bn
Q2 2021107$2.2bn
Q1 2021144$1.9bn
Q4 2020107$1.3bn
Q3 202062$890m
Q2 202043$713m
Q1 202037$990m
Q4 201936$1.1bn
Q3 201926$1.1bn
Q2 201925$1.2bn
Q1 201926$837m
Q4 201818$703m
Q3 201821$971m
Q2 201825$1.2bn
Q1 201814$790m
Q4 201714$582m

Where Melqart Asset Management (UK) Ltd was early

17 rows
AVA AVISTA CORPQ2 20186 of 992.1%3.7%2Exited by Q4 2018−4.0%
VRTX VERTEX PHARMACEUTICALS INCQ2 201816 of 1602.7%5.5%14Exited by Q1 2022+29%
OPTU ALTICE USA INCQ2 201819 of 1950.5%2.9%2Exited by Q4 2018+6.3%
RNG RINGCENTRAL INCQ3 201919 of 1851.2%1.2%9Exited by Q1 2022+49%
TEAM ATLASSIAN CORPORATIONQ3 201920 of 2241.3%2.6%18Exited by Q3 2024+41%
NICE NICE LTDQ2 20209 of 1010.8%1.8%10Exited by Q3 2023+9.1%
WSC WILLSCOT HLDGS CORPQ3 202014 of 1771.4%5.1%21Exited by Q4 2025+27%
CZR CAESARS ENTERTAINMENT INC NEQ3 202017 of 2451.4%1.9%4Held at last filing, Q2 2026−46%
AKX ANSYS INCQ4 202010 of 1610.07%11.2%8Exited by Q3 2025−3.5%
COHR COHERENT INCQ1 202122 of 2630.7%7.5%5Exited by Q2 2022+6.0%
MRVL MARVELL TECHNOLOGY INCQ2 20217 of 2731.1%4.4%21Held at last filing, Q2 2026+411%
TXNM TXNM ENERGY INCQ2 20218 of 1312.4%7.4%10Held at last filing, Q2 2026+16%
NMM NAVIOS MARITIME PARTNERS L PQ4 20214 of 350.6%1.2%4Exited by Q4 2022−2.3%
HTZ HERTZ GLOBAL HLDGS INCQ4 20219 of 1386.8%6.8%5Exited by Q1 2023−38%
TSEM TOWER SEMICONDUCTOR LTDQ1 202218 of 1710.6%5.1%9Held at last filing, Q2 2026+439%
RBRK RUBRIK INC.Q3 20246 of 1281.4%2.4%6Exited by Q1 2026+138%
SW SMURFIT WESTROCK PLCQ3 20249 of 983.5%3.5%2Exited by Q1 2025+9.0%

Concentration and tenure

11.5%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
59.8%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters