WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q2 2019

Hedge fundSEC filingsCompare with another fundHoldings as of 2019-06-30, filed 2019-08-14

Melqart Asset Management (UK) Ltd disclosed 25 US equity positions worth $1.2bn in its Q2 2019 13F filing. Its largest position is CELG at 10.7% of the reported book, followed by RHT1EUR and NXPI. Versus Q1 2019 it opened 12 new positions, added to 8, reduced 3 and exited 13.

$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.
10.7%
Largest position
The largest single position as a share of the reported equity book.
66.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
17
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 2019: 12 new, 8 added, 3 reduced, 13 exited

25 rows
CELG CELGENE CORP–10.7%$133m1.44m+4.3%added
RHT1EUR RED HAT INC–9.5%$118m630,700+80%added
NXPI NXP SEMICONDUCTORS N VTechnology9.1%$113m1.16m−11%reduced
APC3EUR ANADARKO PETE CORP–8.9%$111m1.57m–new
WBC1EUR WABCO HLDGS INC–4.8%$60.1m453,500+75%added
VSMEUR VERSUM MATLS INC–4.8%$59.8m1.16m+76%added
MELLANOX TECHNOLOGIES LTD no ticker–4.8%$59.6m538,891+227%added
ARRYEUR ARRAY BIOPHARMA INC–4.8%$59.4m1.28m–new
ZAYOEUR ZAYO GROUP HLDGS INC–4.8%$59.2m1.80m–new
ALLERGAN PLC no ticker–3.7%$46.5m278,000–new
CYEUR CYPRESS SEMICONDUCTOR CORP–3.6%$44.5m2.00m–new
QIW QIWI PLC–3.3%$40.7m2.08m−18%reduced
NIELSEN HLDGS PLC no ticker–3.2%$40.2m1.78m–new
FDC FIRST DATA CORP NEW–3.2%$39.5m1.46m–new
CONTURA ENERGY INC no ticker–2.9%$36.1m694,849−11%reduced
TSLA TESLA INCConsumer Cyclical2.9%$35.8m160,000–new
ATLANTICA SUSTAINABLE INFR P no ticker–2.7%$33.4m1.47m0.0%held
TAK TAKEDA PHARMACEUTICAL CO LTDHealthcare2.3%$29.0m1.64m+11%added
VRTX VERTEX PHARMACEUTICALS INCHealthcare2.1%$26.4m144,000+8.7%added
AVYAUSD AVAYA HLDGS CORP–2.1%$26.4m2.21m+100%added
DATA TABLEAU SOFTWARE INC–2.1%$25.9m156,000–new
WORK SLACK TECHNOLOGIES INC–1.8%$22.5m601,300–new
SPRINT CORPORATION no ticker–1.2%$14.6m2.23m–new
QESEUR QUINTANA ENERGY SVCS INC–0.4%$5.3m3.29m0.0%held
BID1EUR SOTHEBYS–0.1%$1.8m31,213–new

Exited since Q1 2019

13 rows
ULTIMATE SOFTWARE GROUP INC no ticker7.6%$63.4m
ARRIS INTL INC no ticker4.3%$36.1m
ONCEEUR SPARK THERAPEUTICS INC3.0%$25.3m
DIS DISNEY WALT CO3.0%$25.1m
TRAVELPORT WORLDWIDE LTD no ticker2.7%$22.6m
ELLIE MAE INC no ticker1.8%$15.0m
IWM ISHARES TR1.4%$11.5m
BMY BRISTOL-MYERS SQUIBB CO1.4%$11.4m
BEMIS INC no ticker1.1%$9.1m
FOXA FOX CORP1.0%$8.3m
KLAC KLA CORP0.9%$7.4m
HFF INC no ticker0.9%$7.3m
18614USD GOLDCORP INC NEW0.1%$1.1m

Sector mix

  • Unclassified83.6%
  • Technology9.1%
  • Healthcare4.5%
  • Consumer Cyclical2.9%

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