WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q1 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-03-31, filed 2021-06-21

Melqart Asset Management (UK) Ltd disclosed 144 US equity positions worth $1.9bn in its Q1 2021 13F filing. Its largest position is ALXN at 6.7% of the reported book, followed by WORK and IPHI. Versus Q4 2020 it opened 72 new positions, added to 37, reduced 32 and exited 35.

$1.9bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
144
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.7%
Largest position
The largest single position as a share of the reported equity book.
41.9%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
38
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 2020: 72 new, 37 added, 32 reduced, 35 exited

50 of 144
ALXN ALEXION PHARMACEUTICALS INC–6.7%$127m830,784+100%added
WORK SLACK TECHNOLOGIES INC–6.2%$118m2.91m+61%added
IPHI INPHI CORP–4.8%$90.2m505,800+70%added
AVYAUSD AVAYA HLDGS CORP–3.8%$72.3m2.58m−17%reduced
RP REALPAGE INC–3.6%$68.6m787,000–new
PLURALSIGHT INC no ticker–3.6%$67.6m3.03m+213%added
NXPI NXP SEMICONDUCTORS N VTechnology3.5%$66.3m330,349+6.9%added
MXIM MAXIM INTEGRATED PRODS INC–3.4%$65.3m714,950+33%added
WTW WILLIS TOWERS WATSON PLC LTDFinancial Services3.3%$61.7m270,220+31%added
VRTX VERTEX PHARMACEUTICALS INCHealthcare3.1%$57.9m269,400+91%added
GWPH GW PHARMACEUTICALS PLC–2.7%$50.9m234,650–new
XLNXEUR XILINX INC–2.6%$48.5m391,185+27%added
QQQ INVESCO QQQ TR–2.5%$47.6m149,150–new
GRUBHUB INC no ticker–2.5%$47.4m789,210+120%added
WSC WILLSCOT HLDGS CORPIndustrials2.2%$41.9m1.51m−13%reduced
TLND TALEND S A–2.2%$40.8m641,247+819%added
LITE LUMENTUM HLDGS INCTechnology1.7%$32.4m355,000–new
GOOGL ALPHABET INCCommunication Services1.6%$30.0m14,549+34%added
2U INC no ticker–1.6%$29.8m778,471–new
FIVN FIVE9 INCTechnology1.4%$26.8m171,601+98%added
TWLO TWILIO INCTechnology1.4%$26.0m76,157+89%added
NICE NICE LTDTechnology1.4%$25.7m118,059+64%added
DANIMER SCIENTIFIC INC no ticker–1.3%$25.3m670,891–new
BMRN BIOMARIN PHARMACEUTICAL INCHealthcare1.3%$24.8m327,800–new
BROOKFIELD PROPERTY PARTRS L no ticker–1.1%$20.5m1.15m–new
GLUU GLU MOBILE INC–1.1%$20.1m1.61m–new
AMZN AMAZON COM INCConsumer Cyclical1.0%$18.0m5,833+56%added
NFLX NETFLIX INC.Communication Services0.9%$17.7m34,000+6.6%added
GNMK GENMARK DIAGNOSTICS INC–0.9%$17.0m713,000–new
0VVB PARAMOUNT GLOBAL–0.9%$16.5m368,000–new
STAYUSD EXTENDED STAY AMER INC–0.8%$16.0m884,500–new
BAND BANDWIDTH INCTechnology0.8%$15.3m120,831+255%added
TEAM ATLASSIAN CORP PLCTechnology0.8%$14.8m70,125+53%added
META META PLATFORMS INCCommunication Services0.8%$14.6m49,560+50%added
DOCU DOCUSIGN INCTechnology0.7%$13.4m66,400+102%added
COHR COHERENT INCTechnology0.7%$12.7m50,347–new
PANW PALO ALTO NETWORKS INCTechnology0.6%$12.0m37,200+854%added
SHOP SHOPIFY INCTechnology0.6%$11.4m10,348+73%added
PEGA PEGASYSTEMS INCTechnology0.6%$11.1m96,867+1267%added
WDAY WORKDAY INCTechnology0.6%$10.7m42,970−11%reduced
SNOW SNOWFLAKE INCTechnology0.6%$10.7m46,512–new
VAREUR VARIAN MED SYS INC–0.6%$10.6m60,000−71%reduced
PLANUSD ANAPLAN INC–0.6%$10.6m196,676–new
QELL ACQUISITION CORP no ticker–0.5%$10.2m1.00m–new
TELLEUR TELLURIAN INC NEW–0.5%$9.8m4.19m–new
XYZ BLOCK INCTechnology0.5%$9.7m42,792+279%added
NOW SERVICENOW INCTechnology0.5%$8.9m17,800–new
DISCAUSD DISCOVERY INC–0.5%$8.8m203,470–new
BIDU BAIDU INCCommunication Services0.5%$8.8m40,600–new
HUBS HUBSPOT INCTechnology0.5%$8.8m19,400–new

Exited since Q4 2020

35 rows
ACIA ACACIA COMMUNICATIONS INC7.2%$95.9m
TIFEUR TIFFANY & CO NEW6.7%$89.0m
NAV NAVISTAR INTL CORP NEW2.6%$35.0m
FITEUR FITBIT INC2.5%$33.2m
CARDTRONICS PLC no ticker1.0%$13.7m
ATVIEUR ACTIVISION BLIZZARD INC0.8%$10.6m
TTWO TAKE-TWO INTERACTIVE SOFTWAR0.7%$9.0m
RNG RINGCENTRAL INC0.6%$8.6m
EA ELECTRONIC ARTS INC0.6%$8.3m
ZNGAEUR ZYNGA INC0.4%$5.4m
EVBGEUR EVERBRIDGE INC0.4%$4.6m
TWTRUSD TWITTER INC0.3%$4.6m
AKAM AKAMAI TECHNOLOGIES INC0.3%$4.5m
PD PAGERDUTY INC0.3%$3.5m
TENB TENABLE HLDGS INC0.3%$3.5m
PCTY PAYLOCITY HLDG CORP0.2%$3.2m
BRISTOL-MYERS SQUIBB CO no ticker0.2%$3.2m
FTI TECHNIPFMC PLC0.2%$3.1m
PFPT PROOFPOINT INC0.2%$3.1m
ZEN1EUR ZENDESK INC0.2%$2.9m
CSOD CORNERSTONE ONDEMAND INC0.2%$2.5m
MIMECAST LTD no ticker0.2%$2.4m
BSY BENTLEY SYS INC0.2%$2.3m
AVLRUSD AVALARA INC0.2%$2.2m
GTM ZOOMINFO TECHNOLOGIES INC0.1%$1.6m
PINGUSD PING IDENTITY HLDG CORP0.1%$1.4m
PTC PTC INC0.09%$1.2m
ALTREUR ALTAIR ENGR INC0.08%$1.1m
QTWO Q2 HLDGS INC0.08%$1.1m
TRMB TRIMBLE INC0.08%$1.1m
AKX ANSYS INC0.07%$983k
GDOT GREEN DOT CORP0.07%$909k
NCNO NCINO INC0.07%$899k
KLXE KLX ENERGY SERVICES HOLDINGS0.06%$760k
DUCK CREEK TECHNOLOGIES INC no ticker0.03%$363k

Sector mix

  • Unclassified60.3%
  • Technology19.3%
  • Healthcare5.1%
  • Communication Services4.9%
  • Financial Services4.0%
  • Consumer Cyclical2.8%
  • Industrials2.5%
  • Basic Materials0.9%
  • Energy0.10%

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