WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q2 2024

Hedge fundSEC filingsCompare with another fundHoldings as of 2024-06-30, filed 2024-08-14

Melqart Asset Management (UK) Ltd disclosed 49 US equity positions worth $1.1bn in its Q2 2024 13F filing. Its largest position is CYTK at 8.5% of the reported book, followed by CPRI and ACI. Versus Q1 2024 it opened 18 new positions, added to 11, reduced 18 and exited 14.

$1.1bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
49
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.5%
Largest position
The largest single position as a share of the reported equity book.
56.6%
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 Q1 2024: 18 new, 11 added, 18 reduced, 14 exited

49 rows
CYTK CYTOKINETICS INCHealthcare8.5%$90.8m1.68m+70%added
CPRI CAPRI HOLDINGS LIMITEDConsumer Cyclical7.4%$79.0m2.39m+38%added
ACI ALBERTSONS COMPANIES INCConsumer Defensive7.3%$77.5m3.92m+0.2%held
USX1 UNITED STATES STL CORP NEW–6.9%$73.6m1.95m+13%added
AKX ANSYS INC–6.1%$65.1m202,584+47%added
RCM1USD R1 RCM INC–5.7%$60.6m4.83m+220%added
HES HESS CORP–4.3%$45.8m310,511−17%reduced
CERE1EUR CEREVEL THERAPEUTICS HLDNG I–4.2%$44.9m1.10m+16%added
MRVL MARVELL TECHNOLOGY INCTechnology3.2%$33.8m482,926+19%added
AMED AMEDISYS INC–3.0%$32.3m351,320−37%reduced
SEADRILL 2021 LTD no ticker–2.8%$30.2m586,801−3.4%reduced
SIMO SILICON MOTION TECHNOLOGY COTechnology2.7%$29.3m361,503−31%reduced
ATLANTICA SUSTAINABLE INFR P no ticker–2.6%$28.2m1.28m+12%added
MU MICRON TECHNOLOGY INCTechnology2.6%$27.8m211,194−36%reduced
NTNX NUTANIX INCTechnology2.1%$22.7m398,622+26%added
AXNX* AXONICS INC–2.1%$22.4m332,725−35%reduced
CTLTEUR CATALENT INC–2.1%$22.4m397,725–new
AMZN AMAZON COM INCConsumer Cyclical2.0%$20.9m108,036−39%reduced
WDC WESTERN DIGITAL CORP.Technology1.9%$20.5m270,750+122%added
AMD ADVANCED MICRO DEVICES INCTechnology1.6%$17.4m107,264–new
HUBS HUBSPOT INCTechnology1.6%$17.3m29,410−8.1%reduced
WSC WILLSCOT HLDGS CORPIndustrials1.5%$16.0m425,630−7.9%reduced
NVEIUSD NUVEI CORPORATION–1.5%$15.9m491,688–new
BMRN BIOMARIN PHARMACEUTICAL INCHealthcare1.3%$14.2m172,949–new
ROIV ROIVANT SCIENCES LTDHealthcare1.3%$13.4m1.27m–new
DT DYNATRACE INCTechnology1.3%$13.4m298,824−50%reduced
FRO FRONTLINE PLCEnergy1.1%$11.6m450,849−36%reduced
SNOW SNOWFLAKE INCTechnology1.0%$10.2m75,561−64%reduced
STNG SCORPIO TANKERS INCEnergy0.8%$9.0m110,984−11%reduced
BBIO BRIDGEBIO PHARMA INCHealthcare0.7%$7.8m307,911–new
SHOP SHOPIFY INCTechnology0.7%$7.4m111,498–new
HPE HEWLETT PACKARD ENTERPRISE CTechnology0.6%$6.7m316,193−29%reduced
ORCL ORACLE CORPTechnology0.6%$6.6m46,991–new
MDB MONGODB INCTechnology0.6%$6.6m26,438−50%reduced
CIEN CIENA CORPTechnology0.6%$6.4m132,066−30%reduced
VKTX VIKING THERAPEUTICS INCHealthcare0.6%$6.1m114,947–new
TELLEUR TELLURIAN INC NEW–0.5%$5.6m8.15m–new
TEAM ATLASSIAN CORPORATIONTechnology0.4%$4.7m26,440−65%reduced
GTLB GITLAB INCTechnology0.4%$4.6m92,614–new
EPAM EPAM SYS INCTechnology0.4%$4.4m23,471–new
WDAY WORKDAY INCTechnology0.4%$4.4m19,702–new
GRAL GRAIL INCHealthcare0.4%$4.2m275,087–new
MNDY MONDAY COM LTDTechnology0.4%$4.0m16,583–new
IBM INTERNATIONAL BUSINESS MACHSTechnology0.4%$4.0m23,078–new
LLY ELI LILLY & COHealthcare0.3%$3.7m4,058–new
GPCR STRUCTURE THERAPEUTICS INCHealthcare0.3%$3.6m92,335–new
AMBP ARDAGH METAL PACKAGING S AConsumer Cyclical0.3%$3.5m1.03m0.0%held
AVGO BROADCOM INCTechnology0.3%$2.9m18,104+7.4%added
FRSH FRESHWORKS INCTechnology0.2%$2.1m165,025−52%reduced

Exited since Q1 2024

14 rows
PXDEUR PIONEER NAT RES CO13.9%$186m
NVDA NVIDIA CORPORATION3.4%$46.3m
JNP JUNIPER NETWORKS INC2.4%$31.9m
DFSEUR DISCOVER FINL SVCS1.3%$16.8m
TCN1EUR TRICON RESIDENTIAL INC1.2%$16.4m
GMED GLOBUS MED INC0.9%$11.7m
FROG JFROG LTD0.7%$8.8m
ADBE ADOBE INC0.6%$7.8m
FIVN FIVE9 INC0.6%$7.7m
DOCU DOCUSIGN INC0.5%$7.2m
TWLO TWILIO INC0.5%$6.3m
PCTY PAYLOCITY HLDG CORP0.4%$5.3m
ESTC ELASTIC N V0.3%$4.4m
ADSK AUTODESK INC0.3%$3.9m

Sector mix

  • Unclassified42.0%
  • Technology24.1%
  • Healthcare13.5%
  • Consumer Cyclical9.7%
  • Consumer Defensive7.3%
  • Energy1.9%
  • Industrials1.5%

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