WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q3 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-09-30, filed 2022-11-14

Melqart Asset Management (UK) Ltd disclosed 62 US equity positions worth $1.2bn in its Q3 2022 13F filing. Its largest position is ATVIEUR at 6.5% of the reported book, followed by TWTRUSD and TGNA. Versus Q2 2022 it opened 17 new positions, added to 20, reduced 8 and exited 16.

$1.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
62
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.5%
Largest position
The largest single position as a share of the reported equity book.
44.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
33
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 2022: 17 new, 20 added, 8 reduced, 16 exited

50 of 62
ATVIEUR ACTIVISION BLIZZARD INC–6.5%$78.0m1.05m+88%added
TWTRUSD TWITTER INC–6.3%$74.6m1.70m+9.3%added
TGNA TEGNA INC–5.1%$60.7m2.94m+55%added
WSC WILLSCOT HLDGS CORPIndustrials4.8%$57.5m1.43m0.0%held
SWCHEUR SWITCH INC–4.3%$51.8m1.54m+183%added
CHNGUSD CHANGE HEALTHCARE INC–4.3%$51.7m2.03m–new
ZEN1EUR ZENDESK INC–3.7%$44.3m581,772+218%added
EPAM EPAM SYS INCTechnology3.3%$39.1m107,989+54%added
LHCGUSD LHC GROUP INC–3.1%$37.0m226,192–new
SJIEUR SOUTH JERSEY INDS INC–2.7%$32.4m969,522−2.2%reduced
TXNM TXNM ENERGY INCUtilities2.7%$32.0m699,848+87%added
SIMO SILICON MOTION TECHNOLOGY COTechnology2.6%$30.7m470,524–new
S76 STORE CAP CORP–2.5%$29.8m951,328–new
PINGUSD PING IDENTITY HLDG CORP–2.5%$29.7m1.06m–new
WTW WILLIS TOWERS WATSON PLC LTDFinancial Services2.3%$27.2m135,3960.0%held
AVLRUSD AVALARA INC–2.3%$26.9m292,917–new
SNOW SNOWFLAKE INCTechnology2.0%$24.4m143,633−25%reduced
AAWWUSD ATLAS AIR WORLDWIDE HLDGS IN–2.0%$24.4m255,049–new
VMWEUR VMWARE INC–2.0%$23.4m220,105–new
EVOP1EUR EVO PMTS INC–1.9%$22.4m671,742–new
YUSD ALLEGHANY CORP DEL–1.9%$22.1m26,385+21%added
TSEM TOWER SEMICONDUCTOR LTDTechnology1.8%$21.8m495,396+65%added
ROG ROGERS CORPTechnology1.7%$20.7m85,755+188%added
CRWD CROWDSTRIKE HLDGS INCTechnology1.7%$20.3m123,245+66%added
AMD ADVANCED MICRO DEVICES INCTechnology1.7%$19.7m311,246+19%added
HTZ HERTZ GLOBAL HLDGS INCIndustrials1.6%$19.5m1.19m+7.2%added
FTCHQ FARFETCH LTDConsumer Cyclical1.6%$18.5m2.48m+1.7%added
SGFYGBP SIGNIFY HEALTH INC–1.5%$18.2m623,041–new
TWLO TWILIO INCTechnology1.4%$16.9m244,153–new
NVDA NVIDIA CORPORATIONTechnology1.4%$16.9m138,865–new
MRVL MARVELL TECHNOLOGY INCTechnology1.4%$16.3m380,338+185%added
MDB MONGODB INCTechnology1.3%$15.2m76,783–new
NMM NAVIOS MARITIME PARTNERS L PIndustrials1.2%$14.8m603,069+49%added
HUBS HUBSPOT INCTechnology1.2%$14.7m54,396−32%reduced
CAR AVIS BUDGET GROUP INCIndustrials1.2%$14.5m97,736+33%added
WDAY WORKDAY INCTechnology1.2%$14.1m92,746–new
FIVN FIVE9 INCTechnology1.2%$13.8m184,560−35%reduced
NOW SERVICENOW INCTechnology1.1%$13.6m36,079+17%added
BMRN BIOMARIN PHARMACEUTICAL INCHealthcare1.1%$13.2m155,849−6.6%reduced
SERVUSD TERMINIX GLOBAL HOLDINGS INC–0.9%$11.2m292,147−0.8%reduced
PANW PALO ALTO NETWORKS INCTechnology0.8%$9.8m59,538+142%added
NTNX NUTANIX INCTechnology0.8%$9.5m457,344–new
BRZE BRAZE INCTechnology0.5%$5.8m166,130–new
QGEN QIAGEN NVHealthcare0.5%$5.7m138,256+16%added
FRSH FRESHWORKS INCTechnology0.4%$4.4m341,991−41%reduced
TELLEUR TELLURIAN INC NEW–0.3%$3.3m1.36m−36%reduced
CYBERARK SOFTWARE LTD no ticker–0.2%$3.0m19,810–new
LEO HLDGS CORP II no ticker–0.1%$1.7m170,0000.0%held
TLG ACQUISITION ONE CORP no ticker–0.1%$1.5m149,9000.0%held
NOBLE ROCK ACQUISITION CORP no ticker–0.1%$1.5m146,7210.0%held

Exited since Q2 2022

16 rows
MFS1EUR WELBILT INC5.2%$51.2m
CCMP CMC MATERIALS INC4.4%$42.8m
MNDT MANDIANT INC3.9%$38.6m
SAILEUR SAILPOINT TECHNOLOGIES HLDGS3.3%$32.5m
HRUSD HEALTHCARE RLTY TR3.0%$29.2m
KSS KOHLS CORP2.7%$26.4m
TEAM ATLASSIAN CORP PLC2.6%$25.3m
BABYEUR NATUS MEDICAL INC DEL2.5%$24.9m
AJRDEUR AEROJET ROCKETDYNE HLDGS INC2.5%$24.3m
SF9 SANDERSON FARMS INC2.1%$20.5m
BIOHAVEN PHARMACTL HLDG CO L no ticker1.5%$14.9m
TUFIN SOFTWARE TECHNOLOGIE no ticker1.1%$11.3m
NICE NICE LTD0.8%$7.7m
NEWREUR NEW RELIC INC0.7%$6.7m
GTM ZOOMINFO TECHNOLOGIES INC0.6%$6.1m
TOST TOAST INC0.6%$5.7m

Sector mix

  • Unclassified55.5%
  • Technology27.5%
  • Industrials8.9%
  • Utilities2.7%
  • Financial Services2.3%
  • Healthcare1.6%
  • Consumer Cyclical1.6%

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