Melqart Asset Management (UK) Ltd In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Melqart Asset Management (UK) Ltd reported 49 stock positions worth $1.1 billion . Its top holding was Cytokinetics (CYTK) at 8.5% of the portfolio, followed by Capri (CPRI, 7.4% ) and Albertsons Cos Class A (ACI, 7.3% ). Compared with Q1 2024, it opened 18 new positions, sold out of 14, added to 12 and reduced 18. The biggest buy was R1 RCM (RCM, shares +220% ) and the biggest sale an exit from Pioneer Natural Resources (PXD).
Location London, X0
CIK 0001712901
Portfolio Value $1.1B (Q2 2024) Holdings 49 stocks · $1.1B 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 Q1 2024 CYTK Cytokinetics Inc. 1,675,785 $90.8M Add +70.4% CPRI Capri Holdings Ltd. 2,387,962 $79.0M Add +37.6% ACI Albertsons Cos Inc. Class A 3,923,053 $77.5M Add +0.2% X United States Steel Corp. 1,946,004 $73.6M Add +12.8% ANSS Ansys Inc. 202,584 $65.1M Add +47.5% RCM R1 RCM Inc. 4,825,505 $60.6M Add +220.0% HES Hess Corp. 310,511 $45.8M Reduce -17.3% CERE Cerevel Therapeutics Holding 1,099,229 $44.9M Add +16.4% MRVL Marvell Technology Inc. 482,926 $33.8M Add +18.8% AMED Amedisys Inc. 351,320 $32.3M Reduce -36.8% SDRL Seadrill Limited 586,801 $30.2M Reduce -3.4% SIMO Silicon Motion Technol-ADR 361,503 $29.3M Reduce -31.4% AY Atlantica Sustainable Infras 1,284,075 $28.2M Add +12.3% MU Micron Technology Inc. 211,194 $27.8M Reduce -36.4% NTNX Nutanix Inc. Class A 398,622 $22.7M Add +26.1% AXONICS INC 332,725 $22.4M Reduce -35.1% CTLT Catalent Inc. 397,725 $22.4M New AMZN Amazon.com Inc. 108,036 $20.9M Reduce -38.7% WDC Western Digital Corp. 270,750 $20.5M Add +121.7% AMD Advanced Micro Devices 107,264 $17.4M New HUBS HubSpot Inc. 29,410 $17.3M Reduce -8.1% WSC Willscot Holdings Corp. 425,630 $16.0M Reduce -7.9% NVEI Nuvei Corp.-Subordinate VTG 491,688 $15.9M New BMRN Biomarin Pharmaceutical Inc. 172,949 $14.2M New ROIV Roivant Sciences Ltd. 1,265,609 $13.4M New DT Dynatrace Inc. 298,824 $13.4M Reduce -50.2% FRO Frontline PLC 450,849 $11.6M Reduce -35.6% SNOW Snowflake Inc. 75,561 $10.2M Reduce -63.6% STNG Scorpio Tankers Inc. 110,984 $9.0M Reduce -10.9% BBIO Bridgebio Pharma Inc. 307,911 $7.8M New SHOP Shopify Inc. Class A 111,498 $7.4M New HPE Hewlett Packard Enterprise 316,193 $6.7M Reduce -28.6% ORCL Oracle Corp. 46,991 $6.6M New MDB Mongodb Inc. 26,438 $6.6M Reduce -49.7% CIEN Ciena Corp. 132,066 $6.4M Reduce -30.1% VKTX Viking Therapeutics Inc. 114,947 $6.1M New TELL Tellurian Inc. 8,154,956 $5.6M New TEAM Atlassian Corp. Class A 26,440 $4.7M Reduce -65.2% GTLB Gitlab Inc. Class A 92,614 $4.6M New EPAM Epam Systems Inc. 23,471 $4.4M New WDAY Workday Inc. Class A 19,702 $4.4M New GRAL Grail Inc. 275,087 $4.2M New MNDY Monday.com Ltd. 16,583 $4.0M New IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 23,078 $4.0M New LLY Eli Lilly & Co. 4,058 $3.7M New GPCR Structure Therapeutics Inc. 92,335 $3.6M New AMBP Ardagh Metal Packaging SA 1,030,121 $3.5M No change AVGO Broadcom Inc. 18,104 $2.9M Add +7.4% FRSH Freshworks Inc. Class A 165,025 $2.1M Reduce -52.2%
Options reported separately and not counted above: RSP puts ($101.5M), X puts ($18.9M), ARGX calls ($16.3M), ALNY puts ($3.3M), ALNY calls ($3.3M).
Portfolio Sells Q1 2024 → Q2 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 Q1 2024 % Of Portfolio Change To Portfolio ▲ PXD Pioneer Natural Resources Co. Sold out 0.00% −13.85 NVDA Nvidia Corp. Sold out 0.00% −3.45 JNPR Juniper Networks Inc. Sold out 0.00% −2.37 SNOW Snowflake Inc. Reduce -63.6% 0.96% −1.54 DFS Discover Financial Services Sold out 0.00% −1.25 TCN Tricon Residential Inc. Sold out 0.00% −1.22 GMED Globus Medical Inc. Class A Sold out 0.00% −0.87 DT Dynatrace Inc. Reduce -50.2% 1.25% −0.82 MDB Mongodb Inc. Reduce -49.7% 0.62% −0.78 AMED Amedisys Inc. Reduce -36.8% 3.03% −0.78 TEAM Atlassian Corp. Class A Reduce -65.2% 0.44% −0.66 FROG Jfrog Ltd. Sold out 0.00% −0.66 ADBE Adobe Inc. Sold out 0.00% −0.58 FIVN FIVE9 Inc. Sold out 0.00% −0.58 DOCU Docusign Inc. Sold out 0.00% −0.54 AXONICS INC Reduce -35.1% 2.10% −0.53 TWLO Twilio Inc. Class A Sold out 0.00% −0.47 AMZN Amazon.com Inc. Reduce -38.7% 1.96% −0.40 PCTY Paylocity Holding Corp. Sold out 0.00% −0.39 ESTC Elastic NV Sold out 0.00% −0.33 MU Micron Technology Inc. Reduce -36.4% 2.61% −0.31 ADSK Autodesk Inc. Sold out 0.00% −0.29 FRSH Freshworks Inc. Class A Reduce -52.2% 0.20% −0.27 SIMO Silicon Motion Technol-ADR Reduce -31.4% 2.75% −0.27 FRO Frontline PLC Reduce -35.6% 1.09% −0.13 CIEN Ciena Corp. Reduce -30.1% 0.60% −0.10 WSC Willscot Holdings Corp. Reduce -7.9% 1.50% −0.09 HES Hess Corp. Reduce -17.3% 4.30% +0.04 HPE Hewlett Packard Enterprise Reduce -28.6% 0.63% +0.04 HUBS HubSpot Inc. Reduce -8.1% 1.63% +0.14 STNG Scorpio Tankers Inc. Reduce -10.9% 0.85% +0.18 SDRL Seadrill Limited Reduce -3.4% 2.84% +0.56
Portfolio Buys Q1 2024 → Q2 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 Q1 2024 % Of Portfolio Change To Portfolio ▼ RCM R1 RCM Inc. Add +220.0% 5.69% +4.24 CYTK Cytokinetics Inc. Add +70.4% 8.52% +3.40 ANSS Ansys Inc. Add +47.5% 6.11% +2.57 CTLT Catalent Inc. New 2.10% +2.10 X United States Steel Corp. Add +12.8% 6.90% +1.67 AMD Advanced Micro Devices New 1.63% +1.63 CPRI Capri Holdings Ltd. Add +37.6% 7.41% +1.57 NVEI Nuvei Corp.-Subordinate VTG New 1.49% +1.49 BMRN Biomarin Pharmaceutical Inc. New 1.34% +1.34 WDC Western Digital Corp. Add +121.7% 1.93% +1.31 ROIV Roivant Sciences Ltd. New 1.26% +1.26 CERE Cerevel Therapeutics Holding Add +16.4% 4.22% +1.25 AY Atlantica Sustainable Infras Add +12.3% 2.65% +1.07 ACI Albertsons Cos Inc. Class A Add +0.2% 7.27% +1.03 MRVL Marvell Technology Inc. Add +18.8% 3.17% +1.03 BBIO Bridgebio Pharma Inc. New 0.73% +0.73 SHOP Shopify Inc. Class A New 0.69% +0.69 NTNX Nutanix Inc. Class A Add +26.1% 2.13% +0.68 ORCL Oracle Corp. New 0.62% +0.62 VKTX Viking Therapeutics Inc. New 0.57% +0.57 TELL Tellurian Inc. New 0.53% +0.53 GTLB Gitlab Inc. Class A New 0.43% +0.43 EPAM Epam Systems Inc. New 0.41% +0.41 WDAY Workday Inc. Class A New 0.41% +0.41 GRAL Grail Inc. New 0.40% +0.40 MNDY Monday.com Ltd. New 0.37% +0.37 IBM Intl Business Machines Corp. New 0.37% +0.37 LLY Eli Lilly & Co. New 0.34% +0.34 GPCR Structure Therapeutics Inc. New 0.34% +0.34 AVGO Broadcom Inc. Add +7.4% 0.27% −1.39
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ XOM Exxon Mobil Corp. put Sold out 799,400 $92.9Mbefore exit CYTK Cytokinetics Inc. call Sold out 800,100 $56.1Mbefore exit X United States Steel Corp. put New 500,000 $18.9M ARGX Argenx SE - ADR call New 38,000 $16.3M CPRI Capri Holdings Ltd. put Sold out 136,800 $6.2Mbefore exit ALNY Alnylam Pharmaceuticals Inc. put New 13,500 $3.3M ALNY Alnylam Pharmaceuticals Inc. call New 13,500 $3.3M
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