WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q1 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-03-31, filed 2022-05-16

Melqart Asset Management (UK) Ltd disclosed 66 US equity positions worth $1.4bn in its Q1 2022 13F filing. Its largest position is COHR at 7.5% of the reported book, followed by EPAM and WTW. Versus Q4 2021 it opened 20 new positions, added to 15, reduced 13 and exited 35.

$1.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
66
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.5%
Largest position
The largest single position as a share of the reported equity book.
47.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
31
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 2021: 20 new, 15 added, 13 reduced, 35 exited

50 of 66
COHR COHERENT INCTechnology7.5%$105m383,781+16%added
EPAM EPAM SYS INCTechnology5.9%$82.9m279,419–new
WTW WILLIS TOWERS WATSON PLC LTDFinancial Services5.7%$80.0m338,575−49%reduced
HTZ HERTZ GLOBAL HLDGS INCIndustrials5.7%$79.9m3.61m−25%reduced
AMZN AMAZON COM INCConsumer Cyclical4.6%$63.7m19,542–new
WSC WILLSCOT HLDGS CORPIndustrials4.4%$61.4m1.57m−2.3%reduced
PLANUSD ANAPLAN INC–3.4%$46.8m720,000+84%added
MFS1EUR WELBILT INC–3.3%$45.8m1.93m+13%added
SNOW SNOWFLAKE INCTechnology3.3%$45.5m198,591+296%added
FIVN FIVE9 INCTechnology3.3%$45.5m411,804+41%added
CCMP CMC MATERIALS INC–2.9%$40.0m215,500–new
MRVL MARVELL TECHNOLOGY INCTechnology2.8%$39.2m547,089+53%added
TGNA TEGNA INC–2.7%$38.1m1.70m–new
ATVIEUR ACTIVISION BLIZZARD INC–2.6%$36.4m457,380–new
HEALTHCARE TR AMER INC no ticker–2.3%$32.6m1.04m–new
NFLX NETFLIX INC.Communication Services2.1%$29.9m79,710–new
ADI ANALOG DEVICES INCTechnology1.9%$27.2m164,372−9.2%reduced
AJRDEUR AEROJET ROCKETDYNE HLDGS INC–1.9%$26.7m677,639−67%reduced
ZNGAEUR ZYNGA INC–1.8%$25.7m2.78m–new
BMRN BIOMARIN PHARMACEUTICAL INCHealthcare1.8%$25.5m330,262−34%reduced
TEAM ATLASSIAN CORP PLCTechnology1.7%$24.1m82,179+143%added
XENTEUR INTERSECT ENT INC–1.7%$23.4m835,819+36%added
TXNM TXNM ENERGY INCUtilities1.5%$21.2m444,955−41%reduced
PANW PALO ALTO NETWORKS INCTechnology1.4%$20.0m32,200–new
INTU INTUITTechnology1.4%$19.2m40,071–new
MOS MOSAIC COBasic Materials1.3%$18.1m272,415+488%added
NICE NICE LTDTechnology1.3%$17.7m81,028+16%added
NOW SERVICENOW INCTechnology1.2%$17.1m30,631+452%added
NTR NUTRIEN LTDBasic Materials1.2%$16.8m162,020+533%added
NVDA NVIDIA CORPORATIONTechnology1.1%$16.0m58,500+3.5%added
HMHCUSD HOUGHTON MIFFLIN HARCOURT CO–1.1%$15.9m754,500–new
NMM NAVIOS MARITIME PARTNERS L PIndustrials1.1%$15.8m448,9610.0%held
NIELSEN HLDGS PLC no ticker–1.1%$15.8m579,000–new
META META PLATFORMS INCCommunication Services1.1%$15.7m70,800–new
YUSD ALLEGHANY CORP DEL–1.1%$15.5m18,350–new
FTCHQ FARFETCH LTDConsumer Cyclical1.1%$14.7m971,000+92%added
ARGX ARGENX SEHealthcare1.0%$13.3m42,115–new
PLUG PLUG POWER INCIndustrials0.8%$11.6m405,500−20%reduced
SPLKCHF SPLUNK INC–0.8%$11.6m77,760−59%reduced
CF CF Industries Holdings IncBasic Materials0.8%$11.2m108,750+180%added
MNDT MANDIANT INC–0.8%$10.7m477,954–new
TELLEUR TELLURIAN INC NEW–0.6%$8.9m1.68m−29%reduced
TSEM TOWER SEMICONDUCTOR LTDTechnology0.6%$8.6m177,413–new
SERVUSD TERMINIX GLOBAL HOLDINGS INC–0.6%$8.5m185,565–new
ZEN1EUR ZENDESK INC–0.6%$7.9m65,534−70%reduced
QGEN QIAGEN NVHealthcare0.5%$6.5m132,0000.0%held
ZS ZSCALER INCTechnology0.4%$5.8m23,900–new
FRO FRONTLINE LTDEnergy0.3%$3.9m447,1500.0%held
CRWD CROWDSTRIKE HLDGS INCTechnology0.3%$3.7m16,180−84%reduced
ZGN ERMENEGILDO ZEGNA N VConsumer Cyclical0.2%$2.4m232,078−54%reduced

Exited since Q4 2021

35 rows
XLNXEUR XILINX INC12.8%$226m
NUANEUR NUANCE COMMUNICATIONS INC6.5%$115m
IHS MARKIT LTD no ticker2.8%$49.0m
VRTX VERTEX PHARMACEUTICALS INC1.9%$32.9m
EBAY EBAY INC.1.4%$25.5m
NXPI NXP SEMICONDUCTORS N V1.4%$24.4m
ZM ZOOM COMMUNICATIONS INC1.3%$22.1m
AUPH AURINIA PHARMACEUTICALS INC1.2%$21.0m
UBER UBER TECHNOLOGIES INC1.0%$17.8m
TWLO TWILIO INC0.9%$15.9m
GTM ZOOMINFO TECHNOLOGIES INC0.9%$15.7m
AXON AXON ENTERPRISE INC0.8%$14.6m
TOST TOAST INC0.8%$14.6m
ESTC ELASTIC N V0.7%$12.7m
RNG RINGCENTRAL INC0.6%$10.7m
DBX DROPBOX INC0.6%$10.5m
BMBL BUMBLE INC0.6%$10.4m
XYZ BLOCK INC0.6%$10.0m
BAND BANDWIDTH INC0.5%$8.7m
MTCH MATCH GROUP INC NEW0.5%$8.4m
CRM SALESFORCE INC0.5%$8.3m
WDAY WORKDAY INC0.5%$8.3m
COUR COURSERA INC0.5%$8.3m
AYXEUR ALTERYX INC0.5%$8.2m
SHOP SHOPIFY INC0.4%$7.9m
SMARGBP SMARTSHEET INC0.4%$7.6m
FSLY FASTLY INC0.4%$7.1m
LILIUM N V no ticker0.4%$6.9m
HUBS HUBSPOT INC0.3%$5.5m
COUPEUR COUPA SOFTWARE INC0.3%$4.8m
OKTA OKTA INC0.3%$4.8m
MDB MONGODB INC0.3%$4.4m
S SENTINELONE INC0.3%$4.4m
NAVIOS MARITIME HOLDINGS INC no ticker0.1%$2.5m
SPORTS VENTURES ACQUISIN COR no ticker0.08%$1.4m

Sector mix

  • Technology34.3%
  • Unclassified30.5%
  • Industrials12.1%
  • Consumer Cyclical5.8%
  • Financial Services5.7%
  • Basic Materials3.3%
  • Communication Services3.3%
  • Healthcare3.2%
  • Utilities1.5%
  • Energy0.3%

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