WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q4 2024

Hedge fundSEC filingsCompare with another fundHoldings as of 2024-12-31, filed 2025-02-14

Melqart Asset Management (UK) Ltd disclosed 42 US equity positions worth $743.0m in its Q4 2024 13F filing. Its largest position is AKX at 11.1% of the reported book, followed by USX1 and HES. Versus Q3 2024 it opened 15 new positions, added to 9, reduced 15 and exited 19.

$743m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
42
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
11.1%
Largest position
The largest single position as a share of the reported equity book.
62.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
19
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 2024: 15 new, 9 added, 15 reduced, 19 exited

42 rows
AKX ANSYS INC–11.1%$82.7m245,269+3.3%added
USX1 UNITED STATES STL CORP NEW–9.5%$70.5m2.07m+36%added
HES HESS CORP–7.6%$56.3m423,366−1.5%reduced
CYTK CYTOKINETICS INCHealthcare7.2%$53.5m1.14m−6.3%reduced
JNP JUNIPER NETWORKS INC–5.8%$43.4m1.16m–new
HCP2EUR HASHICORP INC–5.5%$40.6m1.19m+42%added
KEL KELLANOVA–5.3%$39.2m484,631–new
SMARGBP SMARTSHEET INC–4.2%$31.0m553,311+73%added
MRVL MARVELL TECHNOLOGY INCTechnology3.2%$23.7m214,197+8.9%added
ACI ALBERTSONS COMPANIES INCConsumer Defensive2.9%$21.4m1.09m−69%reduced
HUBS HUBSPOT INCTechnology2.9%$21.4m30,702−9.4%reduced
AVGO BROADCOM INCTechnology2.7%$19.9m85,971−20%reduced
DJT TRUMP MEDIA & TECHNOLOGY GROCommunication Services2.5%$18.7m549,106–new
RBRK RUBRIK INC.Technology2.4%$17.9m273,338−38%reduced
MNDY MONDAY COM LTDTechnology2.2%$16.5m69,883+301%added
SW SMURFIT WESTROCK PLCConsumer Cyclical2.0%$15.0m278,712−61%reduced
SEADRILL 2021 LTD no ticker–2.0%$14.9m383,519−25%reduced
DT DYNATRACE INCTechnology1.9%$14.4m264,753+18%added
GXO GXO LOGISTICS INCORPORATEDIndustrials1.6%$11.7m268,012–new
SIMO SILICON MOTION TECHNOLOGY COTechnology1.6%$11.6m215,039−3.3%reduced
NTNX NUTANIX INCTechnology1.5%$10.9m178,044−9.9%reduced
WSC WILLSCOT HLDGS CORPIndustrials1.5%$10.8m322,784+1.7%added
MDB MONGODB INCTechnology1.3%$9.5m40,857–new
ROIV ROIVANT SCIENCES LTDHealthcare1.2%$8.8m742,0700.0%held
DFSEUR DISCOVER FINL SVCS–1.0%$7.8m44,989–new
SHOP SHOPIFY INCTechnology1.0%$7.7m72,115−31%reduced
MU MICRON TECHNOLOGY INCTechnology0.9%$6.4m75,520−52%reduced
ORCL ORACLE CORPTechnology0.8%$5.9m35,4850.0%held
FYBR FRONTIER COMMUNICATIONS PARE–0.8%$5.8m168,460–new
HPE HEWLETT PACKARD ENTERPRISE CTechnology0.7%$5.4m254,500–new
AEBA ALLETE INC–0.7%$5.0m76,879–new
WDC WESTERN DIGITAL CORP.Technology0.6%$4.8m80,120−56%reduced
8QR CONFLUENT INC–0.6%$4.7m168,439–new
CIEN CIENA CORPTechnology0.6%$4.2m49,828−50%reduced
TER TERADYNE INCTechnology0.5%$3.6m28,250–new
TENB TENABLE HLDGS INCTechnology0.4%$3.2m82,036–new
VSH VISHAY INTERTECHNOLOGY INCTechnology0.4%$3.0m177,720–new
INTU INTUITTechnology0.4%$2.9m4,548–new
AMBP ARDAGH METAL PACKAGING S AConsumer Cyclical0.4%$2.8m942,561−2.5%reduced
NBIS NEBIUS GROUP N.V.Communication Services0.3%$2.2m79,792–new
FRSH FRESHWORKS INCTechnology0.3%$2.0m124,1890.0%held
INDIVIOR PLC no ticker–0.2%$1.3m104,790+676%added

Exited since Q3 2024

19 rows
CPRI CAPRI HOLDINGS LIMITED8.9%$90.2m
RCM1USD R1 RCM INC6.7%$68.0m
CTLTEUR CATALENT INC6.1%$62.4m
AXNX* AXONICS INC3.5%$35.5m
ATLANTICA SUSTAINABLE INFR P no ticker2.9%$29.4m
AMED AMEDISYS INC2.6%$26.6m
NVEIUSD NUVEI CORPORATION1.5%$15.7m
INTC INTEL CORP1.4%$14.0m
AMD ADVANCED MICRO DEVICES INC1.0%$10.4m
BBIO BRIDGEBIO PHARMA INC1.0%$10.3m
FRO FRONTLINE PLC1.0%$10.3m
LLY ELI LILLY & CO0.8%$8.6m
STNG SCORPIO TANKERS INC0.8%$8.5m
SNOW SNOWFLAKE INC0.7%$6.8m
VKTX VIKING THERAPEUTICS INC0.6%$6.0m
MBLY MOBILEYE GLOBAL INC0.5%$5.0m
CRWD CROWDSTRIKE HLDGS INC0.4%$4.0m
SAP SAP SE0.4%$3.8m
GRFS GRIFOLS S A0.2%$1.6m

Sector mix

  • Unclassified54.3%
  • Technology26.2%
  • Healthcare8.4%
  • Industrials3.0%
  • Consumer Defensive2.9%
  • Communication Services2.8%
  • Consumer Cyclical2.4%

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