Melqart Asset Management (UK) Ltd In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Melqart Asset Management (UK) Ltd reported 45 stock positions worth $1.3 billion . Its top holding was Pioneer Natural Resources (PXD) at 13.9% of the portfolio, followed by Albertsons Cos Class A (ACI, 6.2% ) and Capri (CPRI, 5.8% ). Compared with Q4 2023, it opened 18 new positions, sold out of 9, added to 10 and reduced 17. The biggest buy was a new position in Cytokinetics (CYTK) and the biggest sale an exit from Splunk (SPLK).
Location London, X0
CIK 0001712901
Portfolio Value $1.3B (Q1 2024) Holdings 45 stocks · $1.3B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 PXD Pioneer Natural Resources Co. 709,626 $186.3M Add +26.7% ACI Albertsons Cos Inc. Class A 3,914,019 $83.9M Add +64.8% CPRI Capri Holdings Ltd. 1,734,800 $78.6M Add +14.3% X United States Steel Corp. 1,725,031 $70.3M Add +27.5% CYTK Cytokinetics Inc. 983,395 $68.9M New HES Hess Corp. 375,442 $57.3M Reduce -31.3% AMED Amedisys Inc. 555,443 $51.2M Reduce -15.1% ANSS Ansys Inc. 137,383 $47.7M Add +114.7% NVDA Nvidia Corp. 51,285 $46.3M Reduce -49.0% SIMO Silicon Motion Technol-ADR 526,669 $40.5M Reduce -32.8% CERE Cerevel Therapeutics Holding 944,364 $39.9M Add +229.7% MU Micron Technology Inc. 332,260 $39.2M Add +75.9% AXONICS INC 512,759 $35.4M New SNOW Snowflake Inc. 207,864 $33.6M Add +12.7% JNPR Juniper Networks Inc. 861,609 $31.9M New AMZN Amazon.com Inc. 176,194 $31.8M Reduce -51.1% SDRL Seadrill Limited 607,470 $30.6M Reduce -1.2% MRVL Marvell Technology Inc. 406,598 $28.8M Reduce -21.4% DT Dynatrace Inc. 600,551 $27.9M New AVGO Broadcom Inc. 16,863 $22.4M Add +15.8% WSC Willscot Holdings Corp. 462,033 $21.5M Reduce -50.2% AY Atlantica Sustainable Infras 1,143,219 $21.1M Reduce -0.5% HUBS HubSpot Inc. 32,007 $20.1M Add +15.6% NTNX Nutanix Inc. Class A 316,009 $19.5M Reduce -25.8% RCM R1 RCM Inc. 1,508,102 $19.4M New MDB Mongodb Inc. 52,552 $18.8M Reduce -34.1% DFS Discover Financial Services 128,471 $16.8M New TCN Tricon Residential Inc. 1,470,446 $16.4M New FRO Frontline PLC 700,147 $16.4M Reduce -22.8% TEAM Atlassian Corp. Class A 76,010 $14.8M Reduce -26.6% GMED Globus Medical Inc. Class A 218,913 $11.7M New CIEN Ciena Corp. 188,861 $9.3M New STNG Scorpio Tankers Inc. 124,527 $8.9M New FROG Jfrog Ltd. 199,313 $8.8M Reduce -20.6% WDC Western Digital Corp. 122,109 $8.3M New HPE Hewlett Packard Enterprise 442,738 $7.8M New ADBE Adobe Inc. 15,368 $7.8M New FIVN FIVE9 Inc. 124,681 $7.7M Reduce -3.6% DOCU Docusign Inc. 121,305 $7.2M Reduce -68.5% TWLO Twilio Inc. Class A 103,599 $6.3M New FRSH Freshworks Inc. Class A 344,997 $6.3M New PCTY Paylocity Holding Corp. 30,795 $5.3M New ESTC Elastic NV 43,878 $4.4M New ADSK Autodesk Inc. 15,011 $3.9M Reduce -63.1% AMBP Ardagh Metal Packaging SA 1,030,121 $3.5M New
Options reported separately and not counted above: RSP puts ($104.7M), XOM puts ($92.9M), CYTK calls ($56.1M), CPRI puts ($6.2M).
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ SPLK Splunk Inc. Sold out 0.00% −7.86 TSEM Tower Semiconductor Ltd. Sold out 0.00% −2.85 SOVO Sovos Brands Inc. Sold out 0.00% −2.23 HES Hess Corp. Reduce -31.3% 4.26% −2.09 AMZN Amazon.com Inc. Reduce -51.1% 2.36% −2.05 WSC Willscot Holdings Corp. Reduce -50.2% 1.60% −1.73 DOCU Docusign Inc. Reduce -68.5% 0.54% −1.31 KRTX Karuna Therapeutics Inc. Sold out 0.00% −1.28 IMGN Immunogen Inc. Sold out 0.00% −1.27 P Everpure Inc. Class A Sold out 0.00% −1.23 MDB Mongodb Inc. Reduce -34.1% 1.40% −1.23 TGH Textainer Group Holdings Ltd. Sold out 0.00% −1.23 AMED Amedisys Inc. Reduce -15.1% 3.81% −1.21 TEAM Atlassian Corp. Class A Reduce -26.6% 1.10% −0.89 SIMO Silicon Motion Technol-ADR Reduce -32.8% 3.01% −0.86 NVDA Nvidia Corp. Reduce -49.0% 3.45% −0.57 ADSK Autodesk Inc. Reduce -63.1% 0.29% −0.51 AY Atlantica Sustainable Infras Reduce -0.5% 1.57% −0.42 M Macy's Inc. Sold out 0.00% −0.39 MRVL Marvell Technology Inc. Reduce -21.4% 2.14% −0.37 FRO Frontline PLC Reduce -22.8% 1.22% −0.25 FIVN FIVE9 Inc. Reduce -3.6% 0.58% −0.24 NTNX Nutanix Inc. Class A Reduce -25.8% 1.45% −0.19 TELL Tellurian Inc. Sold out 0.00% −0.15 SDRL Seadrill Limited Reduce -1.2% 2.27% −0.07 FROG Jfrog Ltd. Reduce -20.6% 0.66% −0.05
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ CYTK Cytokinetics Inc. New 5.13% +5.13 PXD Pioneer Natural Resources Co. Add +26.7% 13.85% +3.69 AXONICS INC New 2.63% +2.63 JNPR Juniper Networks Inc. New 2.37% +2.37 DT Dynatrace Inc. New 2.07% +2.07 CERE Cerevel Therapeutics Holding Add +229.7% 2.97% +1.99 ACI Albertsons Cos Inc. Class A Add +64.8% 6.24% +1.83 ANSS Ansys Inc. Add +114.7% 3.55% +1.67 MU Micron Technology Inc. Add +75.9% 2.91% +1.61 RCM R1 RCM Inc. New 1.44% +1.44 DFS Discover Financial Services New 1.25% +1.25 TCN Tricon Residential Inc. New 1.22% +1.22 GMED Globus Medical Inc. Class A New 0.87% +0.87 CIEN Ciena Corp. New 0.69% +0.69 STNG Scorpio Tankers Inc. New 0.66% +0.66 WDC Western Digital Corp. New 0.62% +0.62 HPE Hewlett Packard Enterprise New 0.58% +0.58 ADBE Adobe Inc. New 0.58% +0.58 TWLO Twilio Inc. Class A New 0.47% +0.47 FRSH Freshworks Inc. Class A New 0.47% +0.47 PCTY Paylocity Holding Corp. New 0.39% +0.39 AVGO Broadcom Inc. Add +15.8% 1.66% +0.35 ESTC Elastic NV New 0.33% +0.33 AMBP Ardagh Metal Packaging SA New 0.26% +0.26 HUBS HubSpot Inc. Add +15.6% 1.49% +0.19 X United States Steel Corp. Add +27.5% 5.23% −0.08 CPRI Capri Holdings Ltd. Add +14.3% 5.84% −0.31 SNOW Snowflake Inc. Add +12.7% 2.50% −0.46
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ RSP Invesco S&P 500 Equal Weight put New 618,000 $104.7M CYTK Cytokinetics Inc. call New 800,100 $56.1M IRBTQ Irobot Corp. put Sold out 400,000 $15.5Mbefore exit ARGX Argenx SE - ADR put Sold out 32,500 $12.4Mbefore exit HA Hawaiian Holdings Inc. call Sold out 500,000 $7.1Mbefore exit HA Hawaiian Holdings Inc. put Sold out 500,000 $7.1Mbefore exit CPRI Capri Holdings Ltd. put New 136,800 $6.2M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 40 $1.1B WBD, TXNM, NSC, EA, CYTK Q1 2026 41 $1.0B EA, TXNM, WBD, CYTK, GTLS Q4 2025 44 $999.5M WBD, FYBR, AVGO, GTLS, EA Q3 2025 44 $749.5M ALE, CYBR, SNPS, CYTK, TXNM Q2 2025 30 $699.7M HES, ANSS, SKX, ALE, CYTK Q1 2025 45 $740.3M HES, X, ANSS, ITCI, ALE Q4 2024 42 $743.0M ANSS, X, HES, CYTK, JNPR Q3 2024 46 $1.0B CPRI, ANSS, RCM, ACI, CYTK Q2 2024 49 $1.1B CYTK, CPRI, ACI, X, ANSS Q1 2024 45 $1.3B PXD, ACI, CPRI, X, CYTK