WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q3 2019

Hedge fundSEC filingsCompare with another fundHoldings as of 2019-09-30, filed 2019-11-14

Melqart Asset Management (UK) Ltd disclosed 26 US equity positions worth $1.1bn in its Q3 2019 13F filing. Its largest position is CELG at 13.4% of the reported book, followed by NXPI and ALLERGAN PLC. Versus Q2 2019 it opened 10 new positions, added to 8, reduced 7 and exited 9.

$1.1bn
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.
13.4%
Largest position
The largest single position as a share of the reported equity book.
72.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
15
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 Q2 2019: 10 new, 8 added, 7 reduced, 9 exited

26 rows
CELG CELGENE CORP–13.4%$144m1.45m+1.0%added
NXPI NXP SEMICONDUCTORS N VTechnology10.7%$115m1.05m−9.3%reduced
ALLERGAN PLC no ticker–9.5%$102m608,700+119%added
CYEUR CYPRESS SEMICONDUCTOR CORP–8.3%$89.2m3.82m+91%added
ZAYOEUR ZAYO GROUP HLDGS INC–7.0%$74.6m2.20m+22%added
MELLANOX TECHNOLOGIES LTD no ticker–6.4%$68.9m628,391+17%added
WBC1EUR WABCO HLDGS INC–4.8%$51.2m383,000−16%reduced
ALDR1EUR ALDER BIOPHARMACEUTICALS INC–4.7%$50.5m2.68m–new
VSMEUR VERSUM MATLS INC–4.4%$47.1m890,000−23%reduced
NIELSEN HLDGS PLC no ticker–3.4%$36.1m1.70m−4.3%reduced
AVYAUSD AVAYA HLDGS CORP–3.3%$35.9m3.51m+59%added
CONE1EUR CYRUSONE INC–2.9%$31.5m398,600–new
TAK TAKEDA PHARMACEUTICAL CO LTDHealthcare2.7%$28.8m1.67m+2.0%added
ACIA ACACIA COMMUNICATIONS INC–2.5%$27.1m414,579–new
VRTX VERTEX PHARMACEUTICALS INCHealthcare2.5%$27.1m160,000+11%added
PSDOEUR PRESIDIO INC–2.3%$24.6m1.46m–new
QIW QIWI PLC–2.1%$22.5m1.02m−51%reduced
ATLANTICA SUSTAINABLE INFR P no ticker–2.0%$21.0m869,936−41%reduced
CONTURA ENERGY INC no ticker–1.4%$15.4m549,115−21%reduced
TEAM ATLASSIAN CORP PLCTechnology1.3%$13.4m107,000–new
TWLO TWILIO INCTechnology1.2%$13.2m120,000–new
RNG RINGCENTRAL INCTechnology1.2%$13.0m103,234–new
QESEUR QUINTANA ENERGY SVCS INC–0.6%$6.7m3.29m0.0%held
FIVN FIVE9 INCTechnology0.6%$6.2m115,000–new
PBYI PUMA BIOTECHNOLOGY INCHealthcare0.5%$5.7m529,112–new
AVAYA HLDGS CORP no ticker–0.2%$2.2m2.60m–new

Exited since Q2 2019

9 rows
RHT1EUR RED HAT INC9.5%$118m
APC3EUR ANADARKO PETE CORP8.9%$111m
ARRYEUR ARRAY BIOPHARMA INC4.8%$59.4m
FDC FIRST DATA CORP NEW3.2%$39.5m
TSLA TESLA INC2.9%$35.8m
DATA TABLEAU SOFTWARE INC2.1%$25.9m
WORK SLACK TECHNOLOGIES INC1.8%$22.5m
SPRINT CORPORATION no ticker1.2%$14.6m
BID1EUR SOTHEBYS0.1%$1.8m

Sector mix

  • Unclassified79.3%
  • Technology14.9%
  • Healthcare5.7%

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