WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q1 2019

Hedge fundSEC filingsCompare with another fundHoldings as of 2019-03-31, filed 2019-05-15

Melqart Asset Management (UK) Ltd disclosed 26 US equity positions worth $837.4m in its Q1 2019 13F filing. Its largest position is CELG at 15.5% of the reported book, followed by NXPI and RHT1EUR. Versus Q4 2018 it opened 17 new positions, added to 3, reduced 4 and exited 9.

$837m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
26
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
15.5%
Largest position
The largest single position as a share of the reported equity book.
70.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
14
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 Q4 2018: 17 new, 3 added, 4 reduced, 9 exited

26 rows
CELG CELGENE CORP–15.5%$130m1.38m–new
NXPI NXP SEMICONDUCTORS N VTechnology13.7%$115m1.30m−30%reduced
RHT1EUR RED HAT INC–7.7%$64.1m350,769+27%added
ULTIMATE SOFTWARE GROUP INC no ticker–7.6%$63.4m192,000–new
CONTURA ENERGY INC no ticker–5.4%$45.3m782,811+5.7%added
QIW QIWI PLC–4.4%$36.5m2.54m−30%reduced
ARRIS INTL INC no ticker–4.3%$36.1m1.14m+21%added
WBC1EUR WABCO HLDGS INC–4.1%$34.2m259,200–new
VSMEUR VERSUM MATLS INC–4.0%$33.1m658,363–new
TAK TAKEDA PHARMACEUTICAL CO LTDHealthcare3.6%$30.2m1.48m–new
ATLANTICA SUSTAINABLE INFR P no ticker–3.4%$28.7m1.47m−24%reduced
ONCEEUR SPARK THERAPEUTICS INC–3.0%$25.3m222,000–new
DIS DISNEY WALT COCommunication Services3.0%$25.1m226,007–new
VRTX VERTEX PHARMACEUTICALS INCHealthcare2.9%$24.4m132,500−15%reduced
TRAVELPORT WORLDWIDE LTD no ticker–2.7%$22.6m1.44m–new
MELLANOX TECHNOLOGIES LTD no ticker–2.3%$19.5m165,000–new
AVYAUSD AVAYA HLDGS CORP–2.2%$18.6m1.10m–new
ELLIE MAE INC no ticker–1.8%$15.0m152,176–new
QESEUR QUINTANA ENERGY SVCS INC–1.7%$14.2m3.29m0.0%held
IWM ISHARES TR–1.4%$11.5m75,0000.0%held
BMY BRISTOL-MYERS SQUIBB COHealthcare1.4%$11.4m241,500–new
BEMIS INC no ticker–1.1%$9.1m163,619–new
FOXA FOX CORPCommunication Services1.0%$8.3m227,464–new
KLAC KLA CORPTechnology0.9%$7.4m62,500–new
HFF INC no ticker–0.9%$7.3m153,300–new
18614USD GOLDCORP INC NEW–0.1%$1.1m100,000–new

Exited since Q4 2018

9 rows
TWENTY FIRST CENTY FOX INC no ticker9.2%$64.9m
INTEGRATED DEVICE TECHNOLOGY no ticker6.3%$44.3m
TWENTY FIRST CENTY FOX INC no ticker5.7%$40.2m
U S G CORP no ticker5.3%$37.4m
ORBOTECH LTD no ticker4.3%$29.9m
ASPEN INSURANCE HOLDINGS LTD no ticker3.6%$25.2m
PBYI PUMA BIOTECHNOLOGY INC3.4%$23.6m
SHIRE PLC no ticker3.1%$21.7m
SMH VANECK ETF TRUST2.4%$17.1m

Sector mix

  • Unclassified73.5%
  • Technology14.6%
  • Healthcare7.9%
  • Communication Services4.0%

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