Melqart Asset Management (UK) Ltd

London, X0 · CIK 1712901 · 13F filing filed 2023-05-15

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)

Kindhedge funds, futures, FCA fund manager
Others nearbyLondon

As an employer

Offices in1 country
Private fundshedge 2

In the UK

FCA-authorised companies1
Manages investmentsyes
Runs fundsyes
Retail clientsno, professional only

Company	Town	Staff	Pay gap report	FCA register
MELQART ASSET MANAGEMENT (UK) LTD Private Limited CompanyFCA: Authorised · manages investments, manages AIFs, advises, deals	London			Authorisedmanages investments, manages AIFs, advises, deals

Sources: Companies House (accounts filed electronically; the largest groups often file on paper, so their staff numbers can be missing), the UK gender pay gap service (employers with 250+ staff) and the FCA's Financial Services Register. Contains public sector information licensed under the Open Government Licence v3.0.

$1.3bn reported value +18.2% vs Q4 2022

32positions

68.5%in top 10

18 new 7 added 7 reduced 24 sold out vs Q4 2022

Options: 1 call positions ($16.7m notional), 0 put positions (— notional) – listed below, not included above.

Holdings, Q1 2023

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	FRONTLINE PLC COM FRO	FRO	2,945,330	$223.8m16.70%	16.70%	New
2	HORIZON THERAPEUTICS PUB L SHS HZNP	HZNP	1,185,923	$129.4m9.66%	9.66%	Added +459.8k	+459,839 63.3%
3	VMWARE INC CL A COM VMW	VMW	1,022,790	$127.7m9.53%	9.53%	Added +899.1k	+899,063 726.6%
4	ACTIVISION BLIZZARD INC COM ATVI	ATVI	1,293,214	$110.7m8.26%	8.26%	Reduced -235.1k	-235,128 -15.4%
5	NVIDIA CORPORATION COM NVDA	NVDA	265,815	$73.8m5.51%	5.51%	Added +79.0k	+78,961 42.3%
6	SILICON MOTION TECHNOLOGY CO SPONSORED ADR SIMO	SIMO	979,212	$64.2m4.79%	4.79%	Added +317.4k	+317,371 48.0%
7	ADOBE INC COM ADBE	ADBE	131,203	$50.6m3.77%	3.77%	Added +25.2k	+25,220 23.8%
8	TOWER SEMICONDUCTOR LTD SHS NEW TSEM	TSEM	1,163,396	$49.4m3.69%	3.69%	Added +599.3k	+599,324 106.2%
9	AMAZON COM INC COM AMZN	AMZN	435,699	$45.0m3.36%	3.36%	Reduced -100.0k	-100,007 -18.7%
10	SEAGEN INC COM SGEN	SGEN	214,708	$43.5m3.24%	3.24%	New
11	FIRST HORIZON CORPORATION COM FHN	FHN	2,441,458	$43.4m3.24%	3.24%	New
12	WILLSCOT HLDGS CORP COM CL A WSC	WSC	907,696	$42.6m3.18%	3.18%	Reduced -384.5k	-384,459 -29.8%
13	HUBSPOT INC COM HUBS	HUBS	82,445	$35.3m2.64%	2.64%	Reduced -52.5k	-52,523 -38.9%
14	INTUIT COM INTU	INTU	76,990	$34.3m2.56%	2.56%	New
15	MARVELL TECHNOLOGY INC COM MRVL	MRVL	728,734	$31.6m2.35%	2.35%	Reduced -6.2k	-6,183 -0.8%
16	MAXAR TECHNOLOGIES INC COM MAXR	MAXR	593,798	$30.3m2.26%	2.26%	Added +489.7k	+489,677 470.3%
17	MONGODB INC CL A MDB	MDB	115,715	$27.0m2.01%	2.01%	Reduced -2.7k	-2,725 -2.3%
18	TOAST INC CL A TOST	TOST	1,044,856	$18.5m1.38%	1.38%	New
19	ATLANTICA SUSTAINABLE INFR P SHS ABY	ABY	605,154	$17.9m1.33%	1.33%	New
20	AUTODESK INC COM ADSK	ADSK	79,256	$16.5m1.23%	1.23%	New
21	ARISTA NETWORKS INC COM COM		95,885	$16.1m1.20%	1.20%	New
22	EPAM SYS INC COM EPAM	EPAM	53,349	$16.0m1.19%	1.19%	Reduced -67.8k	-67,826 -56.0%
23	NATIONAL INSTRS CORP COM COM		298,530	$15.6m1.17%	1.17%	New
24	THE TRADE DESK INC COM CL A TTD	TTD	250,942	$15.3m1.14%	1.14%	New
25	GLOBANT S A COM GLOB	GLOB	82,318	$13.5m1.01%	1.01%	New
26	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	76,080	$10.4m0.78%	0.78%	New
27	WORKDAY INC CL A WDAY	WDAY	43,247	$8.9m0.67%	0.67%	New
28	GITLAB INC CLASS A COM GTLB	GTLB	256,111	$8.8m0.66%	0.66%	New
29	SERVICENOW INC COM NOW	NOW	18,250	$8.5m0.63%	0.63%	New
30	ALBERTSONS COS INC COMMON STOCK ACI	ACI	316,853	$6.6m0.49%	0.49%	New
31	EURONAV NV SHS CMBT	CMBT	200,080	$3.1m0.23%	0.23%	New
32	OAK STR HEALTH INC COM COM		50,000	$1.9m0.14%	0.14%	New

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
TEGNA INC TGNA	TGNA	3,633,348	$77.0m3.6m shares
SOUTH JERSEY INDS INC SJI	SJI	1,421,409	$50.5m1.4m shares
LHC GROUP INC LHCG	LHCG	299,913	$48.5m299.9k shares
STORE CAP CORP STOR	STOR	1,100,869	$35.3m1.1m shares
ADVANCED MICRO DEVICES INC AMD	AMD	522,579	$33.8m522.6k shares
SIGNIFY HEALTH INC SGFY	SGFY	1,064,747	$30.5m1.1m shares
FORGEROCK INC		1,275,097	$29.0m1.3m shares
1LIFE HEALTHCARE INC		1,735,447	$29.0m1.7m shares
ALTRA INDL MOTION CORP AIMC	AIMC	482,980	$28.9m483.0k shares
FRONTLINE LTD		1,970,337	$23.9m2.0m shares
EVO PMTS INC		671,742	$22.7m671.7k shares
FIVE9 INC FIVN	FIVN	296,465	$20.1m296.5k shares
HERTZ GLOBAL HLDGS INC HTZ	HTZ	1,099,451	$16.9m1.1m shares
SNOWFLAKE INC SNOW	SNOW	106,575	$15.3m106.6k shares
COUPA SOFTWARE INC COUP	COUP	186,714	$14.8m186.7k shares
ATLASSIAN CORPORATION TEAM	TEAM	103,830	$13.4m103.8k shares
TESLA INC TSLA	TSLA	100,309	$12.4m100.3k shares
FRESHWORKS INC FRSH	FRSH	794,239	$11.7m794.2k shares
VARONIS SYS INC VRNS	VRNS	470,434	$11.3m470.4k shares
ALTERYX INC AYX	AYX	147,959	$7.5m148.0k shares
TYLER TECHNOLOGIES INC TYL	TYL	23,065	$7.4m23.1k shares
QIAGEN NV		138,256	$6.9m138.3k shares
POSHMARK INC POSH	POSH	200,000	$3.6m200.0k shares
ERMENEGILDO ZEGNA N V		167,670	$352.1k167.7k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
LIFE STORAGE INC Call		Call	127,700	$16.7m127.7k shares	New