Melqart Asset Management (UK) Ltd

London, X0 · CIK 1712901 · 13F filing filed 2023-02-14

SEC-registered investment adviser since 2022 · other (specify)

Assets managed$2.9bn
Staff23 · 13 in investment roles
Main clients (by assets)Private funds 88%, Companies 12%
Private funds2 (2 hedge) · $2.4bn gross assets
Websitemelqart.com
Form ADV · 2026-02-25SEC adviser record

Legal entityMELQART ASSET MANAGEMENT (UK) LTD (GB)

$1.1bn reported value -4.8% vs Q3 2022

38positions

53.0%in top 10

15 new 16 added 4 reduced 39 sold out vs Q3 2022

Options: 1 call positions ($29.9m notional), 1 put positions ($19.3m notional) – listed below, not included above.

Holdings, Q4 2022

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ACTIVISION BLIZZARD INC COM ATVI	ATVI	1,528,342	$117.0m10.32%	10.32%	Added +479.7k	+479,674 45.7%
2	HORIZON THERAPEUTICS PUB L SHS HZNP	HZNP	726,084	$82.6m7.29%	7.29%	New
3	TEGNA INC COM TGNA	TGNA	3,633,348	$77.0m6.79%	6.79%	Added +696.2k	+696,170 23.7%
4	WILLSCOT HLDGS CORP COM CL A WSC	WSC	1,292,155	$58.4m5.15%	5.15%	Reduced -132.9k	-132,859 -9.3%
5	SOUTH JERSEY INDS INC COM SJI	SJI	1,421,409	$50.5m4.45%	4.45%	Added +451.9k	+451,887 46.6%
6	LHC GROUP INC COM LHCG	LHCG	299,913	$48.5m4.28%	4.28%	Added +73.7k	+73,721 32.6%
7	AMAZON COM INC COM AMZN	AMZN	535,706	$45.0m3.97%	3.97%	New
8	SILICON MOTION TECHNOLOGY CO SPONSORED ADR SIMO	SIMO	661,841	$43.0m3.79%	3.79%	Added +191.3k	+191,317 40.7%
9	EPAM SYS INC COM EPAM	EPAM	121,175	$39.7m3.50%	3.50%	Added +13.2k	+13,186 12.2%
10	HUBSPOT INC COM HUBS	HUBS	134,968	$39.0m3.44%	3.44%	Added +80.6k	+80,572 148.1%
11	ADOBE INC COM ADBE	ADBE	105,983	$35.7m3.15%	3.15%	New
12	STORE CAP CORP COM STOR	STOR	1,100,869	$35.3m3.11%	3.11%	Added +149.5k	+149,541 15.7%
13	ADVANCED MICRO DEVICES INC COM AMD	AMD	522,579	$33.8m2.99%	2.99%	Added +211.3k	+211,333 67.9%
14	SIGNIFY HEALTH INC CL A COM SGFY	SGFY	1,064,747	$30.5m2.69%	2.69%	Added +441.7k	+441,706 70.9%
15	FORGEROCK INC CL A CL A		1,275,097	$29.0m2.56%	2.56%	New
16	1LIFE HEALTHCARE INC COM COM		1,735,447	$29.0m2.56%	2.56%	New
17	ALTRA INDL MOTION CORP COM AIMC	AIMC	482,980	$28.9m2.54%	2.54%	New
18	NVIDIA CORPORATION COM NVDA	NVDA	186,854	$27.3m2.41%	2.41%	Added +48.0k	+47,989 34.6%
19	MARVELL TECHNOLOGY INC COM MRVL	MRVL	734,917	$27.2m2.40%	2.40%	Added +354.6k	+354,579 93.2%
20	TOWER SEMICONDUCTOR LTD SHS NEW TSEM	TSEM	564,072	$24.4m2.15%	2.15%	Added +68.7k	+68,676 13.9%
21	FRONTLINE LTD SHS NEW SHS NEW		1,970,337	$23.9m2.11%	2.11%	New
22	MONGODB INC CL A MDB	MDB	118,440	$23.3m2.06%	2.06%	Added +41.7k	+41,657 54.2%
23	EVO PMTS INC CL A COM CL A COM		671,742	$22.7m2.00%	2.00%	Unchanged
24	FIVE9 INC COM FIVN	FIVN	296,465	$20.1m1.77%	1.77%	Added +111.9k	+111,905 60.6%
25	HERTZ GLOBAL HLDGS INC COM NEW HTZ	HTZ	1,099,451	$16.9m1.49%	1.49%	Reduced -95.4k	-95,434 -8.0%
26	SNOWFLAKE INC CL A SNOW	SNOW	106,575	$15.3m1.35%	1.35%	Reduced -37.1k	-37,058 -25.8%
27	VMWARE INC CL A COM VMW	VMW	123,727	$15.2m1.34%	1.34%	Reduced -96.4k	-96,378 -43.8%
28	COUPA SOFTWARE INC COM COUP	COUP	186,714	$14.8m1.30%	1.30%	New
29	ATLASSIAN CORPORATION CL A TEAM	TEAM	103,830	$13.4m1.18%	1.18%	New
30	TESLA INC COM TSLA	TSLA	100,309	$12.4m1.09%	1.09%	New
31	FRESHWORKS INC CLASS A COM FRSH	FRSH	794,239	$11.7m1.03%	1.03%	Added +452.2k	+452,248 132.2%
32	VARONIS SYS INC COM VRNS	VRNS	470,434	$11.3m0.99%	0.99%	New
33	ALTERYX INC COM CL A AYX	AYX	147,959	$7.5m0.66%	0.66%	New
34	TYLER TECHNOLOGIES INC COM TYL	TYL	23,065	$7.4m0.66%	0.66%	New
35	QIAGEN NV SHS NEW SHS NEW		138,256	$6.9m0.61%	0.61%	Unchanged
36	MAXAR TECHNOLOGIES INC COM MAXR	MAXR	104,121	$5.4m0.48%	0.48%	New
37	POSHMARK INC COM CL A POSH	POSH	200,000	$3.6m0.32%	0.32%	New
38	ERMENEGILDO ZEGNA N V W EXP 12/17/202 W EXP 12/17/202		167,670	$352.1k0.03%	0.03%	Unchanged

Sold out since Q3 2022

Security	Ticker	Shares held before	Value then
TWITTER INC TWTR	TWTR	1,700,970	$74.6m1.7m shares
SWITCH INC SWCH	SWCH	1,536,400	$51.8m1.5m shares
CHANGE HEALTHCARE INC CHNG	CHNG	2,027,780	$51.7m2.0m shares
ZENDESK INC		581,772	$44.3m581.8k shares
TXNM ENERGY INC TXNM	TXNM	699,848	$32.0m699.8k shares
PING IDENTITY HLDG CORP PING	PING	1,059,689	$29.7m1.1m shares
WILLIS TOWERS WATSON PLC LTD WTW	WTW	135,396	$27.2m135.4k shares
AVALARA INC AVLR	AVLR	292,917	$26.9m292.9k shares
ATLAS AIR WORLDWIDE HLDGS IN AAWW	AAWW	255,049	$24.4m255.0k shares
ALLEGHANY CORP MD Y	Y	26,385	$22.1m26.4k shares
ROGERS CORP ROG	ROG	85,755	$20.7m85.8k shares
CROWDSTRIKE HLDGS INC CRWD	CRWD	123,245	$20.3m123.2k shares
FARFETCH LTD FTCHQ	FTCHQ	2,481,157	$18.5m2.5m shares
TWILIO INC TWLO	TWLO	244,153	$16.9m244.2k shares
NAVIOS MARITIME PARTNERS L P NMM	NMM	603,069	$14.8m603.1k shares
AVIS BUDGET GROUP CAR	CAR	97,736	$14.5m97.7k shares
WORKDAY INC WDAY	WDAY	92,746	$14.1m92.7k shares
SERVICENOW INC NOW	NOW	36,079	$13.6m36.1k shares
BIOMARIN PHARMACEUTICAL INC BMRN	BMRN	155,849	$13.2m155.8k shares
TERMINIX GLOBAL HOLDINGS INC SERV	SERV	292,147	$11.2m292.1k shares
PALO ALTO NETWORKS INC PANW	PANW	59,538	$9.8m59.5k shares
NUTANIX INC NTNX	NTNX	457,344	$9.5m457.3k shares
BRAZE INC BRZE	BRZE	166,130	$5.8m166.1k shares
TELLURIAN INC NEW TELL	TELL	1,359,934	$3.2m1.4m shares
CYBERARK SOFTWARE LTD CYBR	CYBR	19,810	$3.0m19.8k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
ACTIVISION BLIZZARD INC ATVI · Call	ATVI	Call	390,000	$29.9m390.0k shares	New
AMC ENTMT HLDGS INC Put		Put	4,750,000	$19.3m4.8m shares	New