WhaleCreep

Melqart Asset Management (UK) Ltd 13F holdings, Q4 2025

Hedge fundSEC filingsCompare with another fundHoldings as of 2025-12-31, filed 2026-02-17

Melqart Asset Management (UK) Ltd disclosed 44 US equity positions worth $999.5m in its Q4 2025 13F filing. Its largest position is WBD at 7.4% of the reported book, followed by FYBR and AVGO. Versus Q3 2025 it opened 20 new positions, added to 14, reduced 10 and exited 20.

$999m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
44
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.4%
Largest position
The largest single position as a share of the reported equity book.
50.3%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
27
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 2025: 20 new, 14 added, 10 reduced, 20 exited

44 rows
WBD WARNER BROS DISCOVERY INCCommunication Services7.4%$73.9m2.56m–new
FYBR FRONTIER COMMUNICATIONS PARE–5.8%$57.6m1.51m+144%added
AVGO BROADCOM INCTechnology5.1%$50.9m147,076+92%added
GTLSGBP CHART INDS INC–5.1%$50.8m246,240–new
EA ELECTRONIC ARTS INCCommunication Services5.0%$50.4m246,742–new
TXNM TXNM ENERGY INCUtilities4.7%$46.5m789,989+35%added
CYBERARK SOFTWARE LTD no ticker–4.6%$46.4m103,952−1.9%reduced
KVUE KENVUE INCConsumer Defensive4.3%$43.3m2.51m–new
NSC NORFOLK SOUTHERN CORPIndustrials4.3%$43.1m149,215–new
CYTK CYTOKINETICS INCHealthcare4.0%$39.6m622,898−21%reduced
EXK EXACT SCIENCES CORPBasic Materials3.8%$38.3m376,840–new
TSM TAIWAN SEMICONDUCTOR MANUFACTechnology3.5%$35.5m116,673+53%added
SNOW SNOWFLAKE INCTechnology3.2%$31.7m144,695+176%added
PLYM PLYMOUTH INDL REIT INC–3.1%$31.2m1.43m–new
NVDA NVIDIA CORPORATIONTechnology2.9%$29.2m156,486+5.4%added
AXALTA COATING SYS LTD no ticker–2.7%$27.2m840,804–new
RNAGBP AVIDITY BIOSCIENCES INC–2.6%$25.7m355,691–new
8QR CONFLUENT INC–2.5%$24.7m815,896+228%added
MRVL MARVELL TECHNOLOGY INCTechnology2.3%$22.8m268,104−18%reduced
FWRD FORWARD AIR CORPIndustrials2.1%$21.2m849,876+122%added
CWAN CLEARWATER ANALYTICS HLDGS ITechnology1.9%$18.6m769,361–new
WDC WESTERN DIGITAL CORP.Technology1.7%$17.1m99,431−47%reduced
ORCL ORACLE CORPTechnology1.6%$16.4m83,897–new
CPRI CAPRI HOLDINGS LIMITEDConsumer Cyclical1.5%$15.1m618,978+6.1%added
SNDK SANDISK CORPTechnology1.5%$15.0m63,356−57%reduced
AMZN AMAZON COM INCConsumer Cyclical1.5%$14.8m64,329+72%added
AMD ADVANCED MICRO DEVICES INCTechnology1.5%$14.7m68,439–new
MDB MONGODB INCTechnology1.2%$11.6m27,738−15%reduced
MU MICRON TECHNOLOGY INCTechnology1.1%$11.4m40,020+43%added
PENN PENN ENTERTAINMENT INCConsumer Cyclical1.1%$10.5m713,416−5.4%reduced
SIMO SILICON MOTION TECHNOLOGY COTechnology0.9%$9.1m98,417−7.3%reduced
RENATUS TACTICAL ACQUIS no ticker–0.7%$7.4m694,096–new
AEVA AEVA TECHNOLOGIES INCTechnology0.7%$7.3m547,436+45%added
RBRK RUBRIK INC.Technology0.6%$6.4m83,931−59%reduced
CDTX CIDARA THERAPEUTICS INC–0.6%$5.8m26,461–new
TWLO TWILIO INCTechnology0.6%$5.8m40,447–new
SHOP SHOPIFY INCTechnology0.5%$5.2m32,388+134%added
FROG JFROG LTDTechnology0.5%$5.2m82,764–new
ABVX ABIVAX SAHealthcare0.4%$4.4m32,991−49%reduced
GPN GLOBAL PMTS INCIndustrials0.3%$2.9m37,386–new
IHRT IHEARTMEDIA INCCommunication Services0.2%$2.2m528,569–new
FRO FRONTLINE PLCEnergy0.2%$2.2m100,016+421%added
KWEUR KENNEDY-WILSON HOLDINGS INC–0.03%$260k26,843–new
MBC MASTERBRAND INCConsumer Cyclical0.02%$234k21,180–new

Exited since Q3 2025

20 rows
AEBA ALLETE INC7.0%$52.2m
SNPS SYNOPSYS INC5.8%$43.2m
KEL KELLANOVA4.4%$33.0m
WNS HLDGS LTD no ticker3.9%$29.0m
TSLA TESLA INC3.7%$28.0m
COIN COINBASE GLOBAL INC2.4%$17.7m
CCL CARNIVAL CORP2.3%$17.1m
PRKS UNITED PARKS & RESORTS INC2.1%$15.5m
INDIVIOR PLC no ticker2.0%$14.9m
BABA ALIBABA GROUP HLDG LTD1.9%$14.4m
BIDU BAIDU INC1.8%$13.2m
VRNA VERONA PHARMA PLC1.5%$11.5m
NTNX NUTANIX INC1.2%$8.6m
WSC WILLSCOT HLDGS CORP1.1%$8.5m
GOOGL ALPHABET INC1.1%$8.4m
GDS GDS HLDGS LTD0.9%$7.0m
ANET ARISTA NETWORKS INC0.9%$6.7m
MNDY MONDAY COM LTD0.6%$4.7m
DT DYNATRACE INC0.6%$4.4m
ESTC ELASTIC N V0.6%$4.2m

Sector mix

  • Technology31.4%
  • Unclassified27.7%
  • Communication Services12.7%
  • Industrials6.7%
  • Utilities4.7%
  • Healthcare4.4%
  • Consumer Defensive4.3%
  • Consumer Cyclical4.1%
  • Basic Materials3.8%
  • Energy0.2%

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