13F Insight
DOSSIER · 13F-HR · Q2 2026

Melqart Asset Management (UK) Ltd

$1.1B in tracked AUM across 40 positions as of Q2 2026.

MA
CIK 0001712901 · last filed Jun 30, 2026
Total AUM
$1.1B
as of Q2 2026
Holdings
40
—
positions
Whale Score
67
67
tracked
Activity
—
no data
changes this Q
AI Analysis · Q2 2026
Comprehensive Analysis of Melqart Asset Management (UK) Ltd SEC 13F Filing
1. Portfolio Overview

Melqart Asset Management’s 13F filing for the period ending September 30, 2025, reveals a period of significant portfolio restructuring and substantial capital reduction. The total portfolio value decreased by 38.2%, dropping from $699.69M to $432.47M. This contraction was driven not only by potential market depreciation but, more importantly, by a drastic shift in asset allocation ...

The turnover for this quarter was exceptionally high. The manager executed 19 complete exits and initiated 16 new positions, indicating a complete overhaul of the portfolio's composition. Only 5 positions saw an increase in stake size, while 6 were reduced. This level of activity suggests a tactical pivot away from previous core holdings toward a new set of convictions, rather than a simple rebalancing. The portfolio is now relatively concentrated, with the top 10 holdings accounting for approximately 68% of total assets.

2. Key Holdings

The current portfolio is characterized by a barbell strategy, combining high-growth technology names with specific value and turnaround plays.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
WBD
WARNER BROS DISCOVERY INC
$122M4.6M11.6%02
TXNM
TXNM ENERGY INC
$78M1.4M7.4%03
NSC
NORFOLK SOUTHN CORP
$76M243K7.3%04
EA
ELECTRONIC ARTS INC
$73M356K7.0%05
CYTK
CYTOKINETICS INC
$65M768K6.2%06
PEN
PENUMBRA INC
$59M186K5.6%07
GTLS
CHART INDS INC
$45M215K4.3%08
ABVX
ABIVAX SA
$41M307K3.9%09
GPN
GLOBAL PMTS INC
$39M533K3.7%10
AES
AES CORP
$31M2.1M2.9%

Filing history

2026Q2Jun 30
$1.1B▲ 3.6%
40 positionsView →2026Q1Mar 31
$1.0B▼ 0.2%
41 positionsView →2025Q4Dec 31
$1.0B▲ 134.9%
45 positionsView →2025Q3Sep 30
$432M▼ 38.2%
27 positionsView →2025Q2Jun 30
$700M▲ 58.8%
30 positionsLocked2025Q1Mar 31
$441M▼ 46.8%
27 positionsLocked2024Q4Dec 31
$828M▼ 25.1%
46 positionsLocked2024Q3Sep 30
$1.1B▼ 8.5%
51 positionsLocked2024Q2Jun 30
$1.2B▼ 24.7%
54 positionsLocked2024Q1Mar 31
$1.6B▲ 17.9%
49 positionsLocked2023Q4Dec 31
$1.4B▼ 2.8%
41 positionsLocked2023Q3Sep 30
$1.4B▲ 8.6%
35 positionsLocked
Showing 12 of 33