Funds › Melqart Asset Management (UK) Ltd › Q2 2020Melqart Asset Management (UK) Ltd 13F holdings, Q2 2020 Melqart Asset Management (UK) Ltd disclosed 43 US equity positions worth $712.7m in its Q2 2020 13F filing. Its largest position is LOGMEUR at 12.6% of the reported book, followed by ACIA and TIFEUR. Versus Q1 2020 it opened 21 new positions, added to 8, reduced 11 and exited 15.
$713m Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
43 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
12.6% Largest position The largest single position as a share of the reported equity book.
69.5% Top 10 weight The ten largest positions together, as a share of the reported equity book.
16 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 2020: 21 new , 8 added , 11 reduced , 15 exited
43 rows
Stock Sector Weight Value Shares Δ shares Action LOGMEUR LOGMEIN INC – 12.6% $89.6m 1.06m +29% added ACIA ACACIA COMMUNICATIONS INC – 10.3% $73.3m 1.09m – new TIFEUR TIFFANY & CO NEW – 9.8% $69.9m 573,581 −1.8% reduced WRIGHT MED GROUP N V no ticker – 7.9% $56.3m 1.90m 0.0% held ETRA E TRADE FINANCIAL CORP Healthcare 7.2% $51.1m 1.03m −14% reduced AVYAUSD AVAYA HLDGS CORP – 5.9% $42.3m 3.42m +4.3% added FSCTEUR FORESCOUT TECHNOLOGIES INC – 5.6% $39.9m 1.88m +45% added NXPI NXP SEMICONDUCTORS N V Technology 4.1% $29.4m 258,100 +3.2% added VRTX VERTEX PHARMACEUTICALS INC Healthcare 3.2% $22.6m 78,000 −2.5% reduced GRUBHUB INC no ticker – 3.0% $21.1m 300,100 – new TCO TAUBMAN CTRS INC – 2.9% $20.4m 539,327 +275% added LMEUR LEGG MASON INC – 2.8% $19.9m 399,000 +40% added QIW QIWI PLC – 2.3% $16.3m 939,383 −9.7% reduced FITEUR FITBIT INC – 2.1% $15.0m 2.31m −6.5% reduced HGV HILTON GRAND VACATIONS INC Consumer Cyclical 1.8% $13.1m 671,710 0.0% held QGEN QIAGEN NV Healthcare 1.8% $12.7m 295,700 – new DELPHI TECHNOLOGIES PLC no ticker – 1.6% $11.6m 819,300 – new TEAM ATLASSIAN CORP PLC Technology 1.2% $8.3m 46,000 −8.7% reduced MEETEUR MEET GROUP INC – 1.0% $7.5m 1.19m – new RNG RINGCENTRAL INC Technology 1.0% $7.1m 25,000 −5.5% reduced NEWREUR NEW RELIC INC – 1.0% $7.0m 101,000 – new BRISTOL-MYERS SQUIBB CO no ticker – 0.9% $6.6m 1.85m −20% reduced FLIR FLIR SYS INC – 0.9% $6.6m 163,000 – new WDAY WORKDAY INC Technology 0.9% $6.1m 32,500 – new TTWO TAKE-TWO INTERACTIVE SOFTWAR Communication Services 0.9% $6.1m 43,550 +0.6% added NICE NICE LTD Technology 0.8% $5.6m 29,557 – new XYZ BLOCK INC Technology 0.6% $4.4m 41,700 – new AXON AXON ENTERPRISE INC Industrials 0.6% $3.9m 40,000 – new ATVIEUR ACTIVISION BLIZZARD INC – 0.5% $3.8m 50,500 −40% reduced PAYC PAYCOM SOFTWARE INC Technology 0.5% $3.6m 11,500 – new MSI MOTOROLA SOLUTIONS INC Technology 0.5% $3.6m 25,400 – new ADSK AUTODESK INC Technology 0.5% $3.4m 14,300 – new IBERIABANK CORP no ticker – 0.5% $3.4m 74,488 +583% added CRM SALESFORCE INC Technology 0.5% $3.3m 17,500 – new EA ELECTRONIC ARTS INC Communication Services 0.4% $3.0m 22,750 −54% reduced QESEUR QUINTANA ENERGY SVCS INC – 0.4% $2.8m 2.76m −14% reduced CYBERARK SOFTWARE LTD no ticker – 0.3% $2.4m 24,500 – new PRO PROS HOLDINGS INC – 0.3% $2.2m 50,083 – new AVAYA HLDGS CORP no ticker – 0.3% $2.1m 2.60m 0.0% held WORK SLACK TECHNOLOGIES INC – 0.3% $2.0m 65,000 – new TWLO TWILIO INC Technology 0.2% $1.2m 5,500 – new PCTY PAYLOCITY HLDG CORP Technology 0.2% $1.2m 8,200 – new INTU INTUIT Technology 0.2% $1.1m 3,650 – new
Exited since Q1 2020 Sector mix Unclassified 73.2% Healthcare 12.1% Technology 11.0% Consumer Cyclical 1.8% Communication Services 1.3% Industrials 0.6% Book over time Every quarter on file (35) Where Melqart Asset Management (UK) Ltd was early 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