WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q4 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-12-31, filed 2022-02-14

Melqart Asset Management (UK) Ltd disclosed 81 US equity positions worth $1.8bn in its Q4 2021 13F filing. Its largest position is XLNXEUR at 12.8% of the reported book, followed by WTW and HTZ. Versus Q3 2021 it opened 24 new positions, added to 15, reduced 25 and exited 36.

$1.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
81
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
12.8%
Largest position
The largest single position as a share of the reported equity book.
56.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
21
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 Q3 2021: 24 new, 15 added, 25 reduced, 36 exited

50 of 81
XLNXEUR XILINX INC–12.8%$226m1.07m+25%added
WTW WILLIS TOWERS WATSON PLC LTDFinancial Services8.9%$157m659,770−24%reduced
HTZ HERTZ GLOBAL HLDGS INCIndustrials6.8%$121m4.83m–new
NUANEUR NUANCE COMMUNICATIONS INC–6.5%$115m2.07m−18%reduced
AJRDEUR AEROJET ROCKETDYNE HLDGS INC–5.4%$95.8m2.05m+0.1%held
COHR COHERENT INCTechnology5.0%$88.5m332,208+30%added
WSC WILLSCOT HLDGS CORPIndustrials3.7%$65.6m1.61m−26%reduced
IHS MARKIT LTD no ticker–2.8%$49.0m368,592−69%reduced
BMRN BIOMARIN PHARMACEUTICAL INCHealthcare2.5%$44.5m503,619−16%reduced
MFS1EUR WELBILT INC–2.3%$40.7m1.71m−9.2%reduced
FIVN FIVE9 INCTechnology2.3%$40.2m293,028+17%added
TXNM TXNM ENERGY INCUtilities2.0%$34.6m757,955−28%reduced
VRTX VERTEX PHARMACEUTICALS INCHealthcare1.9%$32.9m150,000+7.1%added
ADI ANALOG DEVICES INCTechnology1.8%$31.8m181,014+12%added
MRVL MARVELL TECHNOLOGY INCTechnology1.8%$31.3m357,478+2.3%added
EBAY EBAY INC.Consumer Cyclical1.4%$25.5m384,130–new
NXPI NXP SEMICONDUCTORS N VTechnology1.4%$24.4m106,938−57%reduced
ZEN1EUR ZENDESK INC–1.3%$22.5m216,091+93%added
ZM ZOOM COMMUNICATIONS INCTechnology1.3%$22.1m120,280–new
SPLKCHF SPLUNK INC–1.2%$21.8m188,481+62%added
CRWD CROWDSTRIKE HLDGS INCTechnology1.2%$21.4m104,300+533%added
NICE NICE LTDTechnology1.2%$21.2m69,721−43%reduced
AUPH AURINIA PHARMACEUTICALS INCHealthcare1.2%$21.0m916,321–new
PLANUSD ANAPLAN INC–1.0%$18.0m392,188+49%added
UBER UBER TECHNOLOGIES INCTechnology1.0%$17.8m423,711−8.0%reduced
SNOW SNOWFLAKE INCTechnology1.0%$17.0m50,128−23%reduced
FTCHQ FARFETCH LTDConsumer Cyclical1.0%$16.9m506,232–new
XENTEUR INTERSECT ENT INC–1.0%$16.8m615,000–new
NVDA NVIDIA CORPORATIONTechnology0.9%$16.6m56,500–new
TWLO TWILIO INCTechnology0.9%$15.9m60,559−42%reduced
GTM ZOOMINFO TECHNOLOGIES INCTechnology0.9%$15.7m243,848+19%added
AXON AXON ENTERPRISE INCIndustrials0.8%$14.6m93,000–new
TOST TOAST INCTechnology0.8%$14.6m419,238–new
PLUG PLUG POWER INCIndustrials0.8%$14.2m504,450–new
TEAM ATLASSIAN CORP PLCTechnology0.7%$12.9m33,752−22%reduced
ESTC ELASTIC N VTechnology0.7%$12.7m103,365–new
NMM NAVIOS MARITIME PARTNERS L PIndustrials0.6%$11.3m448,961–new
RNG RINGCENTRAL INCTechnology0.6%$10.7m57,056+64%added
DBX DROPBOX INCTechnology0.6%$10.5m427,066+38%added
BMBL BUMBLE INCCommunication Services0.6%$10.4m308,322+26%added
XYZ BLOCK INCTechnology0.6%$10.0m61,780+153%added
BAND BANDWIDTH INCTechnology0.5%$8.7m120,8310.0%held
MTCH MATCH GROUP INC NEWCommunication Services0.5%$8.4m63,664−8.0%reduced
CRM SALESFORCE INCTechnology0.5%$8.3m32,700−83%reduced
WDAY WORKDAY INCTechnology0.5%$8.3m30,400–new
COUR COURSERA INCConsumer Defensive0.5%$8.3m339,403–new
AYXEUR ALTERYX INC–0.5%$8.2m135,416−0.7%reduced
SHOP SHOPIFY INCTechnology0.4%$7.9m5,750–new
SMARGBP SMARTSHEET INC–0.4%$7.6m98,748−47%reduced
QGEN QIAGEN NVHealthcare0.4%$7.3m132,0000.0%held

Exited since Q3 2021

36 rows
AVYAUSD AVAYA HLDGS CORP2.8%$56.0m
AMZN AMAZON COM INC2.3%$45.4m
PPD INC no ticker1.8%$36.3m
KSUEUR KANSAS CITY SOUTHERN1.7%$32.8m
MDLA MEDALLIA INC1.5%$30.5m
CLDR CLOUDERA INC1.1%$22.2m
2U INC no ticker1.1%$21.5m
GOOGL ALPHABET INC1.0%$20.4m
CSOD CORNERSTONE ONDEMAND INC1.0%$19.1m
HRC HILL-ROM HLDGS INC0.9%$17.4m
XLRN ACCELERON PHARMA INC0.7%$14.1m
PAYC PAYCOM SOFTWARE INC0.6%$12.3m
META META PLATFORMS INC0.6%$12.3m
ADSK AUTODESK INC0.5%$9.9m
DOCU DOCUSIGN INC0.5%$9.8m
LPSN LIVEPERSON INC0.5%$9.4m
TTWO TAKE-TWO INTERACTIVE SOFTWAR0.5%$8.9m
CYBERARK SOFTWARE LTD no ticker0.4%$8.7m
NTNX NUTANIX INC0.3%$5.4m
INVESTINDUSTRIAL ACQUISITION no ticker0.3%$5.3m
PRO PROS HOLDINGS INC0.3%$5.0m
EGHT 8X8 INC NEW0.2%$4.4m
EXPE EXPEDIA GROUP INC0.2%$4.4m
LEVERE HOLDINGS CORP no ticker0.08%$1.5m
MARLIN TECHNOLOGY CORP no ticker0.07%$1.4m
NORTH ATLANTIC ACQUISITN COR no ticker0.07%$1.4m
SUPERNOVA PARTNERS ACQUISTN no ticker0.07%$1.4m
LIVE OAK MOBILITY ACQUISI CO no ticker0.07%$1.4m
CF ACQUISITION CORP VI no ticker0.07%$1.4m
BOA ACQUISITION CORP no ticker0.07%$1.4m
ARCTOS NORTHSTAR ACQUIS CORP no ticker0.07%$1.4m
GORES HOLDINGS VII INC no ticker0.07%$1.3m
GORES HLDGS VIII INC no ticker0.07%$1.3m
GNSS GENASYS INC0.04%$795k
TROX TRONOX HOLDINGS PLC0.03%$623k
AUSTERLITZ ACQUISITION CORP no ticker0.02%$464k

Sector mix

  • Unclassified37.4%
  • Technology28.2%
  • Industrials12.8%
  • Financial Services8.9%
  • Healthcare6.0%
  • Consumer Cyclical2.7%
  • Utilities2.0%
  • Communication Services1.1%
  • Consumer Defensive0.5%
  • Basic Materials0.4%
  • Energy0.2%

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