WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q4 2018

Hedge fundSEC filingsCompare with another fundHoldings as of 2018-12-31, filed 2019-02-14

Melqart Asset Management (UK) Ltd disclosed 18 US equity positions worth $702.6m in its Q4 2018 13F filing. Its largest position is NXPI at 19.3% of the reported book, followed by TWENTY FIRST CENTY FOX INC and QIW. Versus Q3 2018 it opened 10 new positions, added to 5, reduced 2 and exited 13.

$703m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
18
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
19.3%
Largest position
The largest single position as a share of the reported equity book.
76.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
12
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 Q3 2018: 10 new, 5 added, 2 reduced, 13 exited

18 rows
NXPI NXP SEMICONDUCTORS N VTechnology19.3%$135m1.85m−7.6%reduced
TWENTY FIRST CENTY FOX INC no ticker–9.2%$64.9m1.35m+129%added
QIW QIWI PLC–7.3%$51.6m3.65m+3.1%added
CONTURA ENERGY INC no ticker–6.9%$48.7m740,739–new
RHT1EUR RED HAT INC–6.9%$48.6m276,500–new
INTEGRATED DEVICE TECHNOLOGY no ticker–6.3%$44.3m914,000–new
TWENTY FIRST CENTY FOX INC no ticker–5.7%$40.2m841,300+259%added
ATLANTICA SUSTAINABLE INFR P no ticker–5.4%$38.1m1.94m−4.6%reduced
U S G CORP no ticker–5.3%$37.4m877,000–new
ORBOTECH LTD no ticker–4.3%$29.9m528,600–new
ARRIS INTL INC no ticker–4.1%$28.8m942,500–new
VRTX VERTEX PHARMACEUTICALS INCHealthcare3.7%$25.7m155,000–new
ASPEN INSURANCE HOLDINGS LTD no ticker–3.6%$25.2m600,000–new
PBYI PUMA BIOTECHNOLOGY INCHealthcare3.4%$23.6m1.16m+188%added
SHIRE PLC no ticker–3.1%$21.7m124,494+522%added
SMH VANECK ETF TRUST–2.4%$17.1m196,400–new
QESEUR QUINTANA ENERGY SVCS INC–1.6%$11.4m3.29m0.0%held
IWM ISHARES TR–1.4%$10.0m75,000–new

Exited since Q3 2018

13 rows
T AT&T INC15.1%$146m
ROCKWELL COLLINS INC no ticker9.8%$95.1m
AETNA INC NEW no ticker9.3%$90.0m
ENVISION HEALTHCARE CORP no ticker6.4%$62.6m
CA INC no ticker4.2%$41.2m
EXPRESS SCRIPTS HLDG CO no ticker4.0%$39.2m
AVA AVISTA CORP3.7%$35.8m
OPTU OPTIMUM COMMUNICATIONS INC2.9%$28.4m
AKRXEUR AKORN INC2.8%$27.6m
CIGNA CORPORATION no ticker2.4%$23.3m
ICPTUSD INTERCEPT PHARMACEUTICALS IN1.7%$16.9m
EQT EQT CORPORATION1.5%$14.2m
MITL1 MITEL NETWORKS CORP0.7%$6.8m

Sector mix

  • Unclassified73.7%
  • Technology19.3%
  • Healthcare7.0%

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