WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q2 2025

Hedge fundSEC filingsCompare with another fundHoldings as of 2025-06-30, filed 2025-08-14

Melqart Asset Management (UK) Ltd disclosed 30 US equity positions worth $699.7m in its Q2 2025 13F filing. Its largest position is HES at 15.0% of the reported book, followed by AKX and SKAA. Versus Q1 2025 it opened 8 new positions, added to 12, reduced 10 and exited 23.

$700m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
30
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
15.0%
Largest position
The largest single position as a share of the reported equity book.
73.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
14
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 2025: 8 new, 12 added, 10 reduced, 23 exited

30 rows
HES HESS CORP–15.0%$105m757,224+43%added
AKX ANSYS INC–11.2%$78.5m223,469+0.5%added
SKAA SKECHERS U S A INC–7.9%$55.3m876,368–new
AEBA ALLETE INC–7.6%$53.5m835,112+31%added
CYTK CYTOKINETICS INCHealthcare6.3%$43.8m1.33m+33%added
NVDA NVIDIA CORPORATIONTechnology6.2%$43.2m273,445−10%reduced
AVGO BROADCOM INCTechnology5.4%$37.5m135,938+51%added
KEL KELLANOVA–4.8%$33.6m422,360−12%reduced
ENSTAR GROUP LIMITED no ticker–4.7%$32.6m97,013+38%added
MRVL MARVELL TECHNOLOGY INCTechnology4.4%$30.9m399,817+64%added
TSLA TESLA INCConsumer Cyclical3.1%$21.5m67,551–new
TSM TAIWAN SEMICONDUCTOR MANUFACTechnology2.8%$19.7m86,933+42%added
WDC WESTERN DIGITAL CORP.Technology2.5%$17.2m268,568+34%added
AMD ADVANCED MICRO DEVICES INCTechnology2.2%$15.4m108,410–new
2655787D BLUEPRINT MEDICINES CORP–2.0%$14.0m109,437–new
PENN PENN ENTERTAINMENT INCConsumer Cyclical1.9%$13.4m750,392+2.9%added
WSC WILLSCOT HLDGS CORPIndustrials1.7%$11.9m435,018+27%added
WBA WALGREENS BOOTS ALLIANCE INC–1.5%$10.3m896,132–new
RBRK RUBRIK INC.Technology1.2%$8.7m96,674−39%reduced
GOOGL ALPHABET INCCommunication Services1.2%$8.6m48,694–new
CYBERARK SOFTWARE LTD no ticker–1.2%$8.1m19,805−20%reduced
SHOP SHOPIFY INCTechnology1.0%$6.9m59,775−31%reduced
MNDY MONDAY COM LTDTechnology0.9%$6.6m20,872−24%reduced
SNOW SNOWFLAKE INCTechnology0.6%$4.5m20,113−69%reduced
SIMO SILICON MOTION TECHNOLOGY COTechnology0.6%$4.4m57,944−53%reduced
DT DYNATRACE INCTechnology0.6%$4.3m77,332−54%reduced
APPF APPFOLIO INCTechnology0.6%$3.9m16,832+23%added
NTNX NUTANIX INCTechnology0.5%$3.6m47,411−59%reduced
INDIVIOR PLC no ticker–0.4%$2.5m167,539–new
AGS PLAYAGS INC–0.09%$601k48,134–new

Exited since Q1 2025

23 rows
USX1 UNITED STATES STL CORP NEW10.2%$75.3m
ITCIEUR INTRA-CELLULAR THERAPIES INC7.1%$52.9m
JNP JUNIPER NETWORKS INC2.4%$18.0m
DFSEUR DISCOVER FINL SVCS2.2%$16.4m
G2C EVERI HLDGS INC1.6%$11.9m
BECNUSD BEACON ROOFING SUPPLY INC1.6%$11.9m
AMED AMEDISYS INC1.5%$11.3m
SWTXUSD SPRINGWORKS THERAPEUTICS INC1.4%$10.6m
MU MICRON TECHNOLOGY INC1.2%$8.6m
ORCL ORACLE CORP0.9%$6.6m
NBIS NEBIUS GROUP N.V.0.8%$5.9m
STX SEAGATE TECHNOLOGY HLDNGS PL0.8%$5.7m
HUBS HUBSPOT INC0.7%$5.4m
ROIV ROIVANT SCIENCES LTD0.7%$5.1m
ANET ARISTA NETWORKS INC0.6%$4.4m
VERX VERTEX INC0.6%$4.2m
FRO FRONTLINE PLC0.4%$2.8m
K4F ONESTREAM INC0.4%$2.7m
MDB MONGODB INC0.4%$2.7m
BRZE BRAZE INC0.4%$2.6m
AMSWAUSD LOGILITY SUPPLY CHAIN SOLUTI0.3%$2.0m
AMPSUSD ALTUS POWER INC0.2%$1.3m
ACCDUSD ACCOLADE INC0.2%$1.3m

Sector mix

  • Unclassified56.3%
  • Technology29.5%
  • Healthcare6.3%
  • Consumer Cyclical5.0%
  • Industrials1.7%
  • Communication Services1.2%

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