Melqart Asset Management (UK) Ltd
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Melqart Asset Management (UK) Ltd reported 44 stock positions worth $749.5 million. Its top holding was Allete (ALE) at 7.0% of the portfolio, followed by Cyberark Software Ltd./Israel (CYBR, 6.8%) and Synopsys (SNPS, 5.8%). Compared with Q2 2025, it opened 23 new positions, sold out of 9, added to 9 and reduced 12. The biggest buy was a new position in Synopsys (SNPS) and the biggest sale an exit from Hess (HES).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001712901
- Portfolio Value
- $749.5M (Q3 2025)
- SEC Filing
- 0001172661-25-004813 ↗ filed Nov 14, 2025
Holdings Value
Holdings 44 stocks · $749.5M
| ALE Allete Inc. | 6.97% | 786,819 | $52.2M | Reduce -5.8% |
| CYBR Cyberark Software Ltd./Israel | 6.83% | 105,987 | $51.2M | Add +435.1% |
| SNPS Synopsys Inc. | 5.76% | 87,538 | $43.2M | New |
| CYTK Cytokinetics Inc. | 5.75% | 783,774 | $43.1M | Reduce -40.9% |
| TXNM TXNM Energy Inc. | 4.41% | 584,757 | $33.1M | New |
| K Kellanova | 4.40% | 402,438 | $33.0M | Reduce -4.7% |
| WNS WNS Holdings Ltd. filed as WNS HLDGS LTD | 3.87% | 380,028 | $29.0M | New |
| TSLA Tesla Inc. | 3.74% | 63,022 | $28.0M | Reduce -6.7% |
| NVDA Nvidia Corp. | 3.70% | 148,460 | $27.7M | Reduce -45.7% |
| MRVL Marvell Technology Inc. | 3.65% | 325,522 | $27.4M | Reduce -18.6% |
| AVGO Broadcom Inc. | 3.38% | 76,786 | $25.3M | Reduce -43.5% |
| FYBR Frontier Communications Pare | 3.09% | 619,939 | $23.2M | New |
| WDC Western Digital Corp. | 3.01% | 187,622 | $22.5M | Reduce -30.1% |
| TSM Taiwan Semiconductor-SP ADR | 2.84% | 76,125 | $21.3M | Reduce -12.4% |
| COIN Coinbase Global Inc. Class A | 2.36% | 52,416 | $17.7M | New |
| CCL Carnival Corp. | 2.28% | 590,105 | $17.1M | New |
| RBRK Rubrik Inc. Class A | 2.25% | 204,771 | $16.8M | Add +111.8% |
| SNDK Sandisk Corp. | 2.23% | 148,837 | $16.7M | New |
| PRKS United Parks & Resorts Inc. | 2.07% | 300,178 | $15.5M | New |
| INDV Indivior Ltd. | 1.98% | 616,863 | $14.9M | Add +268.2% |
| PENN Penn Entertainment Inc. | 1.94% | 754,253 | $14.5M | Add +0.5% |
| BABA Alibaba Group Holding-SP ADR | 1.92% | 80,311 | $14.4M | New |
| BIDU Baidu Inc. - Spon ADR | 1.76% | 100,146 | $13.2M | New |
| SNOW Snowflake Inc. | 1.57% | 52,332 | $11.8M | Add +160.2% |
| CPRI Capri Holdings Ltd. | 1.55% | 583,261 | $11.6M | New |
| VRNA Verona Pharma Ltd. | 1.54% | 107,991 | $11.5M | New |
| MDB Mongodb Inc. | 1.35% | 32,497 | $10.1M | New |
| SIMO Silicon Motion Technol-ADR | 1.34% | 106,171 | $10.1M | Add +83.2% |
| FWRD Forward Air Corp. | 1.31% | 382,394 | $9.8M | New |
| NTNX Nutanix Inc. Class A | 1.15% | 116,079 | $8.6M | Add +144.8% |
| WSC Willscot Holdings Corp. | 1.13% | 402,072 | $8.5M | Reduce -7.6% |
| GOOGL Alphabet Inc. Class A | 1.12% | 34,410 | $8.4M | Reduce -29.3% |
| AMZN Amazon.com Inc. | 1.10% | 37,463 | $8.2M | New |
| GDS GDS Holdings Ltd. - ADR filed as GDS HLDGS LTD | 0.93% | 180,567 | $7.0M | New |
| ANET Arista Networks Inc. | 0.90% | 46,048 | $6.7M | New |
| AEVA Aeva Technologies Inc. | 0.73% | 377,340 | $5.5M | New |
| ABVX Abivax SA-ADR | 0.73% | 64,157 | $5.4M | New |
| CFLT Confluent Inc. Class A | 0.66% | 248,445 | $4.9M | New |
| MNDY Monday.com Ltd. | 0.63% | 24,426 | $4.7M | Add +17.0% |
| MU Micron Technology Inc. | 0.62% | 27,914 | $4.7M | New |
| DT Dynatrace Inc. | 0.58% | 89,992 | $4.4M | Add +16.4% |
| ESTC Elastic NV | 0.56% | 49,256 | $4.2M | New |
| SHOP Shopify Inc. Class A | 0.27% | 13,822 | $2.1M | Reduce -76.9% |
| FRO Frontline PLC | 0.06% | 19,195 | $437K | New |
Portfolio Sells Q2 2025 → Q3 2025
| HES Hess Corp. | Sold out | 0.00% | −14.99 |
| ANSS Ansys Inc. | Sold out | 0.00% | −11.22 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −7.90 |
| ESGR Enstar Group Ltd. | Sold out | 0.00% | −4.66 |
| NVDA Nvidia Corp. | Reduce -45.7% | 3.70% | −2.48 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −2.20 |
| BPMC Blueprint Medicines Corp. | Sold out | 0.00% | −2.00 |
| AVGO Broadcom Inc. | Reduce -43.5% | 3.38% | −1.98 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −1.47 |
| MRVL Marvell Technology Inc. | Reduce -18.6% | 3.65% | −0.77 |
| SHOP Shopify Inc. Class A | Reduce -76.9% | 0.27% | −0.71 |
| ALE Allete Inc. | Reduce -5.8% | 6.97% | −0.68 |
| WSC Willscot Holdings Corp. | Reduce -7.6% | 1.13% | −0.57 |
| APPF Appfolio Inc. Class A | Sold out | 0.00% | −0.55 |
| CYTK Cytokinetics Inc. | Reduce -40.9% | 5.75% | −0.52 |
| K Kellanova | Reduce -4.7% | 4.40% | −0.40 |
| GOOGL Alphabet Inc. Class A | Reduce -29.3% | 1.12% | −0.11 |
| AGS Playags Inc. | Sold out | 0.00% | −0.09 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -12.4% | 2.84% | +0.02 |
| WDC Western Digital Corp. | Reduce -30.1% | 3.01% | +0.55 |
| TSLA Tesla Inc. | Reduce -6.7% | 3.74% | +0.67 |
Portfolio Buys Q2 2025 → Q3 2025
| SNPS Synopsys Inc. | New | 5.76% | +5.76 |
| CYBR Cyberark Software Ltd./Israel | Add +435.1% | 6.83% | +5.68 |
| TXNM TXNM Energy Inc. | New | 4.41% | +4.41 |
| WNS WNS Holdings Ltd. | New | 3.87% | +3.87 |
| FYBR Frontier Communications Pare | New | 3.09% | +3.09 |
| COIN Coinbase Global Inc. Class A | New | 2.36% | +2.36 |
| CCL Carnival Corp. | New | 2.28% | +2.28 |
| SNDK Sandisk Corp. | New | 2.23% | +2.23 |
| PRKS United Parks & Resorts Inc. | New | 2.07% | +2.07 |
| BABA Alibaba Group Holding-SP ADR | New | 1.92% | +1.92 |
| BIDU Baidu Inc. - Spon ADR | New | 1.76% | +1.76 |
| INDV Indivior Ltd. | Add +268.2% | 1.98% | +1.63 |
| CPRI Capri Holdings Ltd. | New | 1.55% | +1.55 |
| VRNA Verona Pharma Ltd. | New | 1.54% | +1.54 |
| MDB Mongodb Inc. | New | 1.35% | +1.35 |
| FWRD Forward Air Corp. | New | 1.31% | +1.31 |
| AMZN Amazon.com Inc. | New | 1.10% | +1.10 |
| RBRK Rubrik Inc. Class A | Add +111.8% | 2.25% | +1.01 |
| GDS GDS Holdings Ltd. - ADR | New | 0.93% | +0.93 |
| SNOW Snowflake Inc. | Add +160.2% | 1.57% | +0.93 |
| ANET Arista Networks Inc. | New | 0.90% | +0.90 |
| AEVA Aeva Technologies Inc. | New | 0.73% | +0.73 |
| ABVX Abivax SA-ADR | New | 0.73% | +0.73 |
| SIMO Silicon Motion Technol-ADR | Add +83.2% | 1.34% | +0.72 |
| CFLT Confluent Inc. Class A | New | 0.66% | +0.66 |
| NTNX Nutanix Inc. Class A | Add +144.8% | 1.15% | +0.63 |
| MU Micron Technology Inc. | New | 0.62% | +0.62 |
| ESTC Elastic NV | New | 0.56% | +0.56 |
| FRO Frontline PLC | New | 0.06% | +0.06 |
| PENN Penn Entertainment Inc. | Add +0.5% | 1.94% | +0.02 |
| DT Dynatrace Inc. | Add +16.4% | 0.58% | −0.03 |
| MNDY Monday.com Ltd. | Add +17.0% | 0.63% | −0.31 |
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 |