WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q3 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-09-30, filed 2021-11-15

Melqart Asset Management (UK) Ltd disclosed 93 US equity positions worth $2.0bn in its Q3 2021 13F filing. Its largest position is WTW at 10.3% of the reported book, followed by IHS MARKIT LTD and NUANEUR. Versus Q2 2021 it opened 12 new positions, added to 21, reduced 22 and exited 26.

$2.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
93
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
10.3%
Largest position
The largest single position as a share of the reported equity book.
50.3%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
27
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 2021: 12 new, 21 added, 22 reduced, 26 exited

50 of 93
WTW WILLIS TOWERS WATSON PLC LTDFinancial Services10.3%$203m873,120+17%added
IHS MARKIT LTD no ticker–7.1%$140m1.21m+107%added
NUANEUR NUANCE COMMUNICATIONS INC–7.1%$140m2.54m+21%added
XLNXEUR XILINX INC–6.5%$129m855,393+54%added
AJRDEUR AEROJET ROCKETDYNE HLDGS INC–4.5%$89.1m2.05m+122%added
WSC WILLSCOT HLDGS CORPIndustrials3.5%$69.2m2.18m+12%added
COHR COHERENT INCTechnology3.2%$63.7m254,807+52%added
AVYAUSD AVAYA HLDGS CORP–2.8%$56.0m2.83m+2.4%added
TXNM TXNM ENERGY INCUtilities2.6%$51.5m1.05m−4.6%reduced
CRM SALESFORCE INCTechnology2.6%$50.9m187,604–new
NXPI NXP SEMICONDUCTORS N VTechnology2.5%$48.7m248,449−19%reduced
BMRN BIOMARIN PHARMACEUTICAL INCHealthcare2.4%$46.6m602,800+34%added
AMZN AMAZON COM INCConsumer Cyclical2.3%$45.4m13,833−19%reduced
MFS1EUR WELBILT INC–2.2%$43.8m1.89m+152%added
FIVN FIVE9 INCTechnology2.0%$40.0m250,401+16%added
PPD INC no ticker–1.8%$36.3m774,800−0.4%held
NICE NICE LTDTechnology1.8%$34.7m122,002−22%reduced
TWLO TWILIO INCTechnology1.7%$33.3m104,307+41%added
KSUEUR KANSAS CITY SOUTHERN–1.7%$32.8m121,250–new
MDLA MEDALLIA INC–1.5%$30.5m900,000–new
ADI ANALOG DEVICES INCTechnology1.4%$27.0m161,200–new
VRTX VERTEX PHARMACEUTICALS INCHealthcare1.3%$25.4m140,000−50%reduced
CLDR CLOUDERA INC–1.1%$22.2m1.39m0.0%held
2U INC no ticker–1.1%$21.5m640,3710.0%held
MRVL MARVELL TECHNOLOGY INCTechnology1.1%$21.1m349,353−15%reduced
UBER UBER TECHNOLOGIES INCTechnology1.0%$20.6m460,555+162%added
GOOGL ALPHABET INCCommunication Services1.0%$20.4m7,6490.0%held
SNOW SNOWFLAKE INCTechnology1.0%$19.7m65,1120.0%held
CSOD CORNERSTONE ONDEMAND INC–1.0%$19.1m333,000–new
HRC HILL-ROM HLDGS INC–0.9%$17.4m116,200–new
TEAM ATLASSIAN CORP PLCTechnology0.9%$16.9m43,225−27%reduced
SPLKCHF SPLUNK INC–0.9%$16.8m116,200+17%added
NOW SERVICENOW INCTechnology0.8%$16.7m26,8000.0%held
PLANUSD ANAPLAN INC–0.8%$16.0m262,5760.0%held
HUBS HUBSPOT INCTechnology0.8%$15.5m22,9000.0%held
XLRN ACCELERON PHARMA INC–0.7%$14.1m82,000–new
TELLEUR TELLURIAN INC NEW–0.7%$13.2m3.37m−7.9%reduced
ZEN1EUR ZENDESK INC–0.7%$13.0m112,000+142%added
SMARGBP SMARTSHEET INC–0.7%$12.9m186,900+73%added
GTM ZOOMINFO TECHNOLOGIES INCTechnology0.6%$12.5m204,400+26%added
PAYC PAYCOM SOFTWARE INCTechnology0.6%$12.3m24,9000.0%held
META META PLATFORMS INCCommunication Services0.6%$12.3m36,160−42%reduced
BMBL BUMBLE INCCommunication Services0.6%$12.2m244,100−11%reduced
BAND BANDWIDTH INCTechnology0.6%$10.9m120,8310.0%held
MTCH MATCH GROUP INC NEWCommunication Services0.6%$10.9m69,2000.0%held
LILIUM N V no ticker–0.5%$10.5m1.00m–new
AYXEUR ALTERYX INC–0.5%$10.0m136,322+24%added
ADSK AUTODESK INCTechnology0.5%$9.9m34,840+46%added
DOCU DOCUSIGN INCTechnology0.5%$9.8m38,0000.0%held
LPSN LIVEPERSON INCTechnology0.5%$9.4m158,862−15%reduced

Exited since Q2 2021

26 rows
WORK SLACK TECHNOLOGIES INC7.7%$171m
ALXN ALEXION PHARMACEUTICALS INC7.3%$163m
MXIM MAXIM INTEGRATED PRODS INC5.1%$114m
PFPT PROOFPOINT INC2.8%$61.4m
TLND TALEND S A2.7%$61.0m
QTS QTS RLTY TR INC1.2%$26.1m
DANIMER SCIENTIFIC INC no ticker1.1%$23.9m
PANW PALO ALTO NETWORKS INC0.8%$17.5m
LUMINEX CORP DEL no ticker0.8%$17.1m
QELL ACQUISITION CORP no ticker0.4%$9.9m
DAY DAYFORCE INC0.2%$4.8m
PEGA PEGASYSTEMS INC0.2%$4.2m
CNST CONSTELLATION PHARMCETICLS I0.1%$3.0m
MAGNUM OPUS ACQUISITION LTD no ticker0.1%$3.0m
MDH ACQUISITION CORP no ticker0.07%$1.5m
GROWTH CAP ACQUISITION CORP no ticker0.07%$1.5m
CARTESIAN GROWTH CORP no ticker0.07%$1.5m
ASTREA ACQUISITION CORP no ticker0.07%$1.5m
SIMON PROPERTY GRP ACQ HOLDI no ticker0.06%$1.4m
PATHFINDER ACQUISITION CORP no ticker0.06%$1.4m
POEMA GLOBAL HOLDINGS CORP no ticker0.06%$1.4m
SLAM CORP no ticker0.06%$1.4m
VELOCITY ACQUISITION CORP no ticker0.06%$1.4m
H I G ACQUISITION CORP no ticker0.06%$1.4m
FS DEVELOPMENT CORP II no ticker0.03%$649k
GAMING & HOSPITALITY ACQU CO no ticker0.0%$51.0k

Sector mix

  • Unclassified47.7%
  • Technology25.8%
  • Financial Services10.3%
  • Healthcare4.0%
  • Industrials3.5%
  • Communication Services3.3%
  • Utilities2.6%
  • Consumer Cyclical2.5%
  • Basic Materials0.3%

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