Melqart Asset Management (UK) Ltd In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Melqart Asset Management (UK) Ltd reported 46 stock positions worth $1.0 billion . Its top holding was Capri (CPRI) at 8.9% of the portfolio, followed by Ansys (ANSS, 7.4% ) and R1 RCM (RCM, 6.7% ). Compared with Q2 2024, it opened 10 new positions, sold out of 13, added to 10 and reduced 26. The biggest buy was Catalent (CTLT, shares +159% ) and the biggest sale an exit from Cerevel Therapeutics (CERE).
Location London, X0
CIK 0001712901
Portfolio Value $1.0B (Q3 2024) Holdings 46 stocks · $1.0B 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 Q2 2024 CPRI Capri Holdings Ltd. 2,126,182 $90.2M Reduce -11.0% ANSS Ansys Inc. 237,433 $75.7M Add +17.2% RCM R1 RCM Inc. 4,801,908 $68.0M Reduce -0.5% ACI Albertsons Cos Inc. Class A 3,547,882 $65.6M Reduce -9.6% CYTK Cytokinetics Inc. 1,212,258 $64.0M Reduce -27.7% CTLT Catalent Inc. 1,030,240 $62.4M Add +159.0% HES Hess Corp. 429,885 $58.4M Add +38.4% X United States Steel Corp. 1,521,725 $53.8M Reduce -21.8% SW Smurfit Westrock PLC 721,736 $35.7M New AXONICS INC 509,922 $35.5M Add +53.3% AY Atlantica Sustainable Infras 1,337,755 $29.4M Add +4.2% HCP Hashicorp Inc. Class A 833,544 $28.2M New AMED Amedisys Inc. 275,972 $26.6M Reduce -21.4% SDRL Seadrill Limited 509,191 $20.2M Reduce -13.2% AVGO Broadcom Inc. 107,502 $18.5M Reduce -40.6% HUBS HubSpot Inc. 33,878 $18.0M Add +15.2% SMAR Smartsheet Inc. Class A 320,013 $17.7M New MU Micron Technology Inc. 156,216 $16.2M Reduce -26.0% NVEI Nuvei Corp.-Subordinate VTG 471,052 $15.7M Reduce -4.2% MRVL Marvell Technology Inc. 196,763 $14.2M Reduce -59.3% RBRK Rubrik Inc. Class A 439,066 $14.1M New INTC Intel Corp. 597,675 $14.0M New SIMO Silicon Motion Technol-ADR 222,297 $13.5M Reduce -38.5% WDC Western Digital Corp. 182,054 $12.4M Reduce -32.8% DT Dynatrace Inc. 225,011 $12.0M Reduce -24.7% WSC Willscot Holdings Corp. 317,535 $11.9M Reduce -25.4% NTNX Nutanix Inc. Class A 197,683 $11.7M Reduce -50.4% AMD Advanced Micro Devices 63,390 $10.4M Reduce -40.9% BBIO Bridgebio Pharma Inc. 403,485 $10.3M Add +31.0% FRO Frontline PLC 448,632 $10.3M Reduce -0.5% LLY Eli Lilly & Co. 9,733 $8.6M Add +139.8% ROIV Roivant Sciences Ltd. 742,070 $8.6M Reduce -41.4% STNG Scorpio Tankers Inc. 118,998 $8.5M Add +7.2% SHOP Shopify Inc. Class A 104,245 $8.4M Reduce -6.5% SNOW Snowflake Inc. 59,025 $6.8M Reduce -21.9% CIEN Ciena Corp. 99,656 $6.1M Reduce -24.5% ORCL Oracle Corp. 35,485 $6.0M Reduce -24.5% VKTX Viking Therapeutics Inc. 94,107 $6.0M Reduce -18.1% MBLY Mobileye Global Inc. Class A 363,364 $5.0M New MNDY Monday.com Ltd. 17,429 $4.8M Add +5.1% CRWD CrowdStrike Holdings Inc. Class A 14,350 $4.0M New SAP Sap SE-Sponsored ADR 16,481 $3.8M New AMBP Ardagh Metal Packaging SA 967,213 $3.6M Reduce -6.1% GRFS Grifols SA-ADR 183,351 $1.6M New FRSH Freshworks Inc. Class A 124,189 $1.4M Reduce -24.8% INDV Indivior Ltd. 13,510 $132K New
Options reported separately and not counted above: FYBR calls ($29.3M), X calls ($24.7M), ARGX calls ($17.4M), CPRI calls ($8.8M), ACI calls ($7.4M).
Portfolio Sells Q2 2024 → Q3 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 Q2 2024 % Of Portfolio Change To Portfolio ▲ CERE Cerevel Therapeutics Holding Sold out 0.00% −4.22 CYTK Cytokinetics Inc. Reduce -27.7% 6.29% −2.24 AMZN Amazon.com Inc. Sold out 0.00% −1.96 MRVL Marvell Technology Inc. Reduce -59.3% 1.39% −1.77 X United States Steel Corp. Reduce -21.8% 5.28% −1.62 SIMO Silicon Motion Technol-ADR Reduce -38.5% 1.33% −1.42 BMRN Biomarin Pharmaceutical Inc. Sold out 0.00% −1.34 MU Micron Technology Inc. Reduce -26.0% 1.59% −1.02 NTNX Nutanix Inc. Class A Reduce -50.4% 1.15% −0.98 SDRL Seadrill Limited Reduce -13.2% 1.99% −0.85 ACI Albertsons Cos Inc. Class A Reduce -9.6% 6.44% −0.83 WDC Western Digital Corp. Reduce -32.8% 1.22% −0.70 HPE Hewlett Packard Enterprise Sold out 0.00% −0.63 MDB Mongodb Inc. Sold out 0.00% −0.62 AMD Advanced Micro Devices Reduce -40.9% 1.02% −0.61 TELL Tellurian Inc. Sold out 0.00% −0.53 TEAM Atlassian Corp. Class A Sold out 0.00% −0.44 GTLB Gitlab Inc. Class A Sold out 0.00% −0.43 ROIV Roivant Sciences Ltd. Reduce -41.4% 0.84% −0.41 EPAM Epam Systems Inc. Sold out 0.00% −0.41 WDAY Workday Inc. Class A Sold out 0.00% −0.41 AMED Amedisys Inc. Reduce -21.4% 2.62% −0.41 GRAL Grail Inc. Sold out 0.00% −0.40 IBM Intl Business Machines Corp. Sold out 0.00% −0.37 GPCR Structure Therapeutics Inc. Sold out 0.00% −0.34 WSC Willscot Holdings Corp. Reduce -25.4% 1.17% −0.33 SNOW Snowflake Inc. Reduce -21.9% 0.67% −0.29 FRO Frontline PLC Reduce -0.5% 1.01% −0.08 DT Dynatrace Inc. Reduce -24.7% 1.18% −0.07 FRSH Freshworks Inc. Class A Reduce -24.8% 0.14% −0.06 ORCL Oracle Corp. Reduce -24.5% 0.59% −0.03 CIEN Ciena Corp. Reduce -24.5% 0.60% +0.01 VKTX Viking Therapeutics Inc. Reduce -18.1% 0.59% +0.01 AMBP Ardagh Metal Packaging SA Reduce -6.1% 0.36% +0.03 NVEI Nuvei Corp.-Subordinate VTG Reduce -4.2% 1.54% +0.05 SHOP Shopify Inc. Class A Reduce -6.5% 0.82% +0.13 RCM R1 RCM Inc. Reduce -0.5% 6.68% +0.99 CPRI Capri Holdings Ltd. Reduce -11.0% 8.86% +1.45 AVGO Broadcom Inc. Reduce -40.6% 1.82% +1.55
Portfolio Buys Q2 2024 → Q3 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 Q2 2024 % Of Portfolio Change To Portfolio ▼ CTLT Catalent Inc. Add +159.0% 6.13% +4.03 SW Smurfit Westrock PLC New 3.50% +3.50 HCP Hashicorp Inc. Class A New 2.77% +2.77 SMAR Smartsheet Inc. Class A New 1.74% +1.74 HES Hess Corp. Add +38.4% 5.73% +1.43 RBRK Rubrik Inc. Class A New 1.39% +1.39 AXONICS INC Add +53.3% 3.49% +1.39 INTC Intel Corp. New 1.38% +1.38 ANSS Ansys Inc. Add +17.2% 7.43% +1.32 LLY Eli Lilly & Co. Add +139.8% 0.85% +0.50 MBLY Mobileye Global Inc. Class A New 0.49% +0.49 CRWD CrowdStrike Holdings Inc. Class A New 0.40% +0.40 SAP Sap SE-Sponsored ADR New 0.37% +0.37 BBIO Bridgebio Pharma Inc. Add +31.0% 1.01% +0.28 AY Atlantica Sustainable Infras Add +4.2% 2.89% +0.24 GRFS Grifols SA-ADR New 0.16% +0.16 HUBS HubSpot Inc. Add +15.2% 1.77% +0.14 MNDY Monday.com Ltd. Add +5.1% 0.48% +0.10 INDV Indivior Ltd. New 0.01% +0.01 STNG Scorpio Tankers Inc. Add +7.2% 0.83% −0.01
Options Activity Q2 2024 → Q3 2024 Security Type Change vs Q2 2024 Underlying Shares Value ▼ RSP Invesco S&P 500 Equal Weight put Sold out 618,000 $101.5Mbefore exit FYBR Frontier Communications Pare call New 825,000 $29.3M X United States Steel Corp. call New 700,000 $24.7M X United States Steel Corp. put Sold out 500,000 $18.9Mbefore exit ARGX Argenx SE - ADR call Reduce -15.5% 32,100 $17.4M CPRI Capri Holdings Ltd. call New 208,000 $8.8M ACI Albertsons Cos Inc. Class A call New 401,600 $7.4M ALNY Alnylam Pharmaceuticals Inc. call Sold out 13,500 $3.3Mbefore exit ALNY Alnylam Pharmaceuticals Inc. put Sold out 13,500 $3.3Mbefore exit
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