WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q4 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-12-31, filed 2023-02-14

Melqart Asset Management (UK) Ltd disclosed 38 US equity positions worth $1.1bn in its Q4 2022 13F filing. Its largest position is ATVIEUR at 10.3% of the reported book, followed by HORIZON THERAPEUTICS PUB L and TGNA. Versus Q3 2022 it opened 15 new positions, added to 16, reduced 4 and exited 39.

$1.1bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
38
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.
53.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
23
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 2022: 15 new, 16 added, 4 reduced, 39 exited

38 rows
ATVIEUR ACTIVISION BLIZZARD INC–10.3%$117m1.53m+46%added
HORIZON THERAPEUTICS PUB L no ticker–7.3%$82.6m726,084–new
TGNA TEGNA INC–6.8%$77.0m3.63m+24%added
WSC WILLSCOT HLDGS CORPIndustrials5.1%$58.4m1.29m−9.3%reduced
SJIEUR SOUTH JERSEY INDS INC–4.5%$50.5m1.42m+47%added
LHCGUSD LHC GROUP INC–4.3%$48.5m299,913+33%added
AMZN AMAZON COM INCConsumer Cyclical4.0%$45.0m535,706–new
SIMO SILICON MOTION TECHNOLOGY COTechnology3.8%$43.0m661,841+41%added
EPAM EPAM SYS INCTechnology3.5%$39.7m121,175+12%added
HUBS HUBSPOT INCTechnology3.4%$39.0m134,968+148%added
ADBE ADOBE INCTechnology3.1%$35.7m105,983–new
S76 STORE CAP CORP–3.1%$35.3m1.10m+16%added
AMD ADVANCED MICRO DEVICES INCTechnology3.0%$33.8m522,579+68%added
SGFYGBP SIGNIFY HEALTH INC–2.7%$30.5m1.06m+71%added
FORGEROCK INC no ticker–2.6%$29.0m1.28m–new
1LIFE HEALTHCARE INC no ticker–2.6%$29.0m1.74m–new
AIMCUSD ALTRA INDL MOTION CORP–2.5%$28.9m482,980–new
NVDA NVIDIA CORPORATIONTechnology2.4%$27.3m186,854+35%added
MRVL MARVELL TECHNOLOGY INCTechnology2.4%$27.2m734,917+93%added
TSEM TOWER SEMICONDUCTOR LTDTechnology2.1%$24.4m564,072+14%added
FRO FRONTLINE LTDEnergy2.1%$23.9m1.97m–new
MDB MONGODB INCTechnology2.1%$23.3m118,440+54%added
EVOP1EUR EVO PMTS INC–2.0%$22.7m671,7420.0%held
FIVN FIVE9 INCTechnology1.8%$20.1m296,465+61%added
HTZ HERTZ GLOBAL HLDGS INCIndustrials1.5%$16.9m1.10m−8.0%reduced
SNOW SNOWFLAKE INCTechnology1.3%$15.3m106,575−26%reduced
VMWEUR VMWARE INC–1.3%$15.2m123,727−44%reduced
COUPEUR COUPA SOFTWARE INC–1.3%$14.8m186,714–new
TEAM ATLASSIAN CORPORATIONTechnology1.2%$13.4m103,830–new
TSLA TESLA INCConsumer Cyclical1.1%$12.4m100,309–new
FRSH FRESHWORKS INCTechnology1.0%$11.7m794,239+132%added
VRNS VARONIS SYS INCTechnology1.0%$11.3m470,434–new
AYXEUR ALTERYX INC–0.7%$7.5m147,959–new
TYL TYLER TECHNOLOGIES INCTechnology0.7%$7.4m23,065–new
QGEN QIAGEN NVHealthcare0.6%$6.9m138,2560.0%held
MAXRUSD MAXAR TECHNOLOGIES INC–0.5%$5.4m104,121–new
POSHEUR POSHMARK INC–0.3%$3.6m200,000–new
ERMENEGILDO ZEGNA N V no ticker–0.03%$352k167,6700.0%held

Exited since Q3 2022

39 rows
TWTRUSD TWITTER INC6.3%$74.6m
SWCHEUR SWITCH INC4.3%$51.8m
CHNGUSD CHANGE HEALTHCARE INC4.3%$51.7m
ZEN1EUR ZENDESK INC3.7%$44.3m
TXNM TXNM ENERGY INC2.7%$32.0m
PINGUSD PING IDENTITY HLDG CORP2.5%$29.7m
WTW WILLIS TOWERS WATSON PLC LTD2.3%$27.2m
AVLRUSD AVALARA INC2.3%$26.9m
AAWWUSD ATLAS AIR WORLDWIDE HLDGS IN2.0%$24.4m
YUSD ALLEGHANY CORP DEL1.9%$22.1m
ROG ROGERS CORP1.7%$20.7m
CRWD CROWDSTRIKE HLDGS INC1.7%$20.3m
FTCHQ FARFETCH LTD1.6%$18.5m
TWLO TWILIO INC1.4%$16.9m
NMM NAVIOS MARITIME PARTNERS L P1.2%$14.8m
CAR AVIS BUDGET GROUP INC1.2%$14.5m
WDAY WORKDAY INC1.2%$14.1m
NOW SERVICENOW INC1.1%$13.6m
BMRN BIOMARIN PHARMACEUTICAL INC1.1%$13.2m
SERVUSD TERMINIX GLOBAL HOLDINGS INC0.9%$11.2m
PANW PALO ALTO NETWORKS INC0.8%$9.8m
NTNX NUTANIX INC0.8%$9.5m
BRZE BRAZE INC0.5%$5.8m
TELLEUR TELLURIAN INC NEW0.3%$3.3m
CYBERARK SOFTWARE LTD no ticker0.2%$3.0m
LEO HLDGS CORP II no ticker0.1%$1.7m
TLG ACQUISITION ONE CORP no ticker0.1%$1.5m
NOBLE ROCK ACQUISITION CORP no ticker0.1%$1.5m
GAMING & HOSPITALITY ACQU CO no ticker0.1%$1.4m
FREEDOM ACQUISITION I CORP no ticker0.1%$1.4m
NORTHERN STAR INVEST CORP II no ticker0.1%$1.4m
COLICITY INC no ticker0.1%$1.4m
HUDSON EXECUTIVE INVES III no ticker0.1%$1.4m
FUSION ACQUISITION CORP II no ticker0.1%$1.3m
TAILWIND INTERNATNAL ACQ COR no ticker0.08%$954k
TASTEMAKER ACQUISITION CORP no ticker0.07%$831k
EMPOWERMENT & INCLUSION CAPI no ticker0.05%$542k
NIGHTDRAGON ACQUISITION CORP no ticker0.04%$419k
GAMING & HOSPITALITY ACQU CO no ticker0.0%$1.0k

Sector mix

  • Unclassified52.7%
  • Technology32.9%
  • Industrials6.6%
  • Consumer Cyclical5.1%
  • Energy2.1%
  • Healthcare0.6%

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