Melqart Asset Management (UK) Ltd

CIK 1712901 · View on SEC EDGAR ↗

Portfolio value QoQ: +3.6% 13F does not disclose cash

Top 10 holdings weight59.84%

Top 25 holdings weight87.24%

Positions above 1%32

Effective number of positions20.7

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 35.97% Est. buys $371,382,120 · sells $604,637,141

Median holding: 2.0 quarters Tracked Q1 2025–Q2 2026 · 33.9% still held

New positions14

Increased11

Decreased15

Closed15

Portfolio value $1.1B #2,474 of 9,339 by 13F value · top 26.5%

Positions 40

As of June 30, 2026 Data as of Q2 2026

Sector breakdown

Healthcare 23.0%

Communication Services 20.2%

Technology 17.3%

Industrials 15.2%

Utilities 10.3%

Financials 4.8%

Consumer Discretionary 1.9%

Retail 1.5%

Real Estate 1.4%

Materials 1.1%

Energy 1.1%

Other/Unmapped 2.0%

Full portfolio 40 positions

					Streak
WBD Warner Bros. Discovery, Inc. - Series A Common Stock	$122,202,775	11.63%	4,583,750	$66,524,632	Up ×1
TXNM TXNM Energy, Inc. Common Stock	$77,802,454	7.40%	1,370,244	$16,364,092	Up ×3
NSC Norfolk Southern Corporation Common Stock	$76,427,753	7.27%	242,944	$30,264,377	Up ×2
EA Electronic Arts Inc. - Common Stock	$73,047,755	6.95%	356,261	$-2,353,361	Down ×1
CYTK Cytokinetics, Incorporated - Common Stock	$65,385,455	6.22%	767,525	$9,760,776	Down ×1
PEN Penumbra, Inc. Common Stock	$58,645,511	5.58%	185,734	$31,777,621	Up ×1
GTLS Chart Industries, Inc. Common Stock	$44,848,344	4.27%	214,647	$-9,989,199	Down ×1
ABVX Abivax SA - American Depositary Shares	$40,944,135	3.90%	307,250
GPN Global Payments Inc. Common Stock	$38,651,841	3.68%	532,688	$9,761,230	Up ×2
AES The AES Corporation Common Stock	$30,832,208	2.93%	2,103,152	$17,880,229	Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock	$27,285,924	2.60%	46,971	$13,070,642	Down ×1
ASML ASML Holding N.V. - New York Registry Shares	$25,512,579	2.43%	12,824	$588,517	Down ×1
NVDA NVIDIA Corporation - Common Stock	$24,891,596	2.37%	124,402	$-17,976,622	Down ×1
INDV Indivior Pharmaceuticals, Inc. - Common Stock	$24,029,794	2.29%	585,664	$3,171,720	Down ×1
RVMD Revolution Medicines, Inc. - Common Stock	$22,718,562	2.16%	121,308	$-3,574,240	Down ×1
UNF Unifirst Corporation Common Stock	$22,443,398	2.14%	84,865	$3,872,534	Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd.	$20,489,186	1.95%	42,903	$-18,871,851	Down ×2
CZR Caesars Entertainment, Inc. - Common Stock	$20,082,074	1.91%	665,410		Up ×1
AMZN Amazon.com, Inc. - Common Stock	$16,236,197	1.55%	68,122
APGE Apogee Therapeutics, Inc. - Common Stock	$15,562,460	1.48%	117,249		Up ×1
TWO Two Harbors Investment Corp	$14,907,661	1.42%	1,201,262	$10,602,664	Up ×1
MRVL Marvell Technology, Inc. - Common Stock	$13,726,473	1.31%	46,079	$-9,936,968	Down ×4
LRCX Lam Research Corporation - Common Stock	$13,416,330	1.28%	30,961		Up ×1
SNDK Sandisk Corporation - Common Stock	$13,355,890	1.27%	5,874	$-17,915,545	Down ×3
ANET Arista Networks, Inc. Common Stock	$13,271,535	1.26%	78,123
SIMO Silicon Motion Technology Corporation - American Depositary Shares, each representing four ordinary shares	$12,942,537	1.23%	38,828	$6,752,663	Down ×3
URA Global X Funds	$12,858,507	1.22%	294,245	$929,859	Up ×1
AEVA Aeva Technologies, Inc. - Common Stock	$12,754,609	1.21%	444,102	$5,849,741	Down ×2
ARES Ares Management Corporation Class A Common Stock	$12,009,904	1.14%	107,896		Up ×1
AXTA Axalta Coating Systems Ltd. Common Shares	$11,841,523	1.13%	346,041	$-13,706,464	Down ×1
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland)	$11,683,255	1.11%	12,107
CMBT CMB.TECH NV Ordinary Shares	$11,617,086	1.11%	830,385	$6,327,349	Up ×1
RTAC Renatus Tactical Acquisition Corp I - Class A Ordinary Shares	$8,414,224	0.80%	802,884	$1,278,917	Up ×1
CPRX Catalyst Pharmaceuticals, Inc. - Common Stock	$7,780,685	0.74%	247,556		Up ×1
TSEM Tower Semiconductor Ltd. - Ordinary Shares	$6,466,739	0.62%	24,811		Up ×1
AVTR Avantor, Inc. Common Stock	$6,294,420	0.60%	635,800		Up ×1
STM STMicroelectronics N.V. Common Stock	$6,055,081	0.58%	80,853		Up ×1
MCHP Microchip Technology Incorporated - Common Stock	$5,989,651	0.57%	65,676		Up ×1
IHRT iHeartMedia, Inc. - Class A Common Stock	$3,748,628	0.36%	873,806	$917,092	Down ×1
FPS Forgent Power Solutions, Inc. Class A Common Stock	$3,662,964	0.35%	65,574		Up ×1
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
TXNM	$77,802,454	7.40%	up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
ABVX	$40,944,135	307,250	3.90%
CZR	$20,082,074	665,410	1.91%
AMZN	$16,236,197	68,122	1.55%
APGE	$15,562,460	117,249	1.48%
LRCX	$13,416,330	30,961	1.28%
ANET	$13,271,535	78,123	1.26%
ARES	$12,009,904	107,896	1.14%
STX	$11,683,255	12,107	1.11%
CPRX	$7,780,685	247,556	0.74%
TSEM	$6,466,739	24,811	0.62%
AVTR	$6,294,420	635,800	0.60%
STM	$6,055,081	80,853	0.58%
MCHP	$5,989,651	65,676	0.57%
FPS	$3,662,964	65,574	0.35%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
WBD	Bought more	+2.6M	+$66.5M
PEN	Bought more	+104K	+$31.8M
NSC	Bought more	+82K	+$30.3M
TSM	Trimmed	-74K	-$18.9M
NVDA	Trimmed	-121K	-$18.0M
SNDK	Trimmed	-43K	-$17.9M
AES	Bought more	+1.2M	+$17.9M
TXNM	Bought more	+319K	+$16.4M
AXTA	Trimmed	-576K	-$13.7M
AMD	Trimmed	-23K	+$13.1M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
HES	Sept. 30, 2025	757,224	$104,905,813	No longer tracked
X	June 30, 2025	2,411,797	$101,922,541	No longer tracked
ANSS	Sept. 30, 2025	223,469	$78,486,782	No longer tracked
FYBR	March 31, 2026	1,511,884	$57,557,424	No longer tracked
SKX	Sept. 30, 2025	876,368	$55,298,821	No longer tracked
CWAN	June 30, 2026	2,265,906	$53,588,677	No longer tracked
ITCI	June 30, 2025	400,695	$52,859,684	No longer tracked
ALE	Dec. 31, 2025	786,819	$52,244,782	No longer tracked
CYBR	March 31, 2026	103,952	$46,368,829	No longer tracked
KVUE	June 30, 2026	2,508,632	$43,248,816	2.4%
SNPS	Dec. 31, 2025	87,538	$43,190,374	-8.4%
EXAS	March 31, 2026	376,840	$38,271,870	No longer tracked
K	Dec. 31, 2025	402,438	$33,007,965	No longer tracked
ESGR	Sept. 30, 2025	97,013	$32,631,293	No longer tracked
SNOW	March 31, 2026	144,695	$31,740,295	115.8%
PLYM	March 31, 2026	1,426,429	$31,210,267	No longer tracked
WNS	Dec. 31, 2025	380,028	$28,984,736	No longer tracked
TSLA	Dec. 31, 2025	63,022	$28,027,144	-17.2%
TERN	June 30, 2026	507,187	$26,738,899	No longer tracked
RNA	March 31, 2026	355,691	$25,655,992	-38.7%
CFLT	March 31, 2026	815,896	$24,672,695	No longer tracked
FN	June 30, 2026	44,208	$23,055,356	-44.0%
AVGO	June 30, 2026	72,089	$22,312,266	-14.8%
VSNT	June 30, 2026	544,245	$20,147,950	-12.7%
JNPR	June 30, 2025	497,627	$18,009,121	No longer tracked
COIN	Dec. 31, 2025	52,416	$17,689,876	-27.3%
WDC	June 30, 2026	64,216	$17,369,786	-46.2%
CCL	Dec. 31, 2025	590,105	$17,059,936	-14.5%
DFS	June 30, 2025	96,308	$16,439,776	No longer tracked
PRKS	Dec. 31, 2025	300,178	$15,519,203	-16.5%
AMD	Sept. 30, 2025	108,410	$15,383,379	219.4%
INDV	Dec. 31, 2025	616,863	$14,872,567	-3.9%
AMZN	March 31, 2026	64,329	$14,848,420	19.1%
FWRD	June 30, 2026	877,744	$14,667,102	13.2%
CPRI	June 30, 2026	832,090	$14,661,426	-14.5%
BABA	Dec. 31, 2025	80,311	$14,353,985	-32.0%
BPMC	Sept. 30, 2025	109,437	$14,027,635	No longer tracked
BIDU	Dec. 31, 2025	100,146	$13,196,238	-40.9%
VAL	June 30, 2026	133,992	$13,136,576	34.1%
EVRI	June 30, 2025	872,070	$11,921,197	No longer tracked
BECN	June 30, 2025	96,031	$11,879,035	No longer tracked
MDB	March 31, 2026	27,738	$11,641,361	51.6%
PENN	June 30, 2026	773,591	$11,627,073	-32.1%
VRNA	Dec. 31, 2025	107,991	$11,523,720	No longer tracked
MU	March 31, 2026	40,020	$11,422,108	159.8%
AMED	June 30, 2025	121,479	$11,252,600	No longer tracked
SWTX	June 30, 2025	240,463	$10,611,632	No longer tracked
WBA	Sept. 30, 2025	896,132	$10,287,595	No longer tracked
ORCL	June 30, 2026	69,327	$10,198,695	-13.9%
MBC	June 30, 2026	1,073,202	$8,918,309	-29.1%
NTNX	Dec. 31, 2025	116,079	$8,635,117	36.5%
MU	June 30, 2025	98,537	$8,561,880	612.0%
WSC	Dec. 31, 2025	402,072	$8,487,740	-13.6%
GOOGL	Dec. 31, 2025	34,410	$8,365,071	2.3%
GDS	Dec. 31, 2025	180,567	$6,987,943	-36.3%
ANET	Dec. 31, 2025	46,048	$6,709,654	31.6%
ORCL	June 30, 2025	47,331	$6,617,347	-42.3%
RBRK	March 31, 2026	83,931	$6,419,043	162.9%
NBIS	June 30, 2025	279,765	$5,905,839	186.9%
CDTX	March 31, 2026	26,461	$5,844,970	No longer tracked
TWLO	March 31, 2026	40,447	$5,753,181	108.1%
STX	June 30, 2025	66,899	$5,683,070	336.8%
HUBS	June 30, 2025	9,415	$5,378,695	-51.3%
SHOP	March 31, 2026	32,388	$5,213,496	42.2%
FROG	March 31, 2026	82,764	$5,169,439	114.4%
ROIV	June 30, 2025	502,584	$5,071,073	223.8%
MNDY	Dec. 31, 2025	24,426	$4,731,072	-27.8%
ABVX	March 31, 2026	32,991	$4,449,001	-21.0%
ANET	June 30, 2025	56,388	$4,368,942	68.5%
DT	Dec. 31, 2025	89,992	$4,360,112	47.8%
ESTC	Dec. 31, 2025	49,256	$4,161,639	35.8%
VERX	June 30, 2025	118,566	$4,150,996	-56.4%
APPF	Sept. 30, 2025	16,832	$3,876,073	-23.6%
TAC	June 30, 2026	227,406	$2,979,019	-11.6%
FRO	June 30, 2025	187,467	$2,783,885	222.6%
OS	June 30, 2025	127,158	$2,713,552	No longer tracked
MDB	June 30, 2025	15,224	$2,670,290	76.7%
BRZE	June 30, 2025	73,342	$2,646,179	63.3%
FRO	March 31, 2026	100,016	$2,182,349	51.9%
LGTY	June 30, 2025	138,178	$1,970,418	No longer tracked
OII	June 30, 2026	42,922	$1,522,443	-3.1%
AMPS	June 30, 2025	266,380	$1,318,581	No longer tracked
ACCD	June 30, 2025	188,328	$1,314,529	No longer tracked
AGS	Sept. 30, 2025	48,134	$601,194	No longer tracked
CPRI	June 30, 2025	13,800	$272,274	-10.3%
KW	March 31, 2026	26,843	$259,572	No longer tracked