1y return+29.6%S&P 500 +20.9%
3y return+27.1%S&P 500 +68.5%
5y return+19.6%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since September 30, 2020: $157 against $223 in the S&P 500.2
Melqart Asset Management (UK) LtdS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| Warner Bros Discovery IncCUSIP 934423104 | $122.2M | 11.6% | +126.1% |
| TXNMTxnm Energy Inc | $77.8M | 7.4% | +30.4% |
| NSCNorfolk Southn Corp | $76.4M | 7.3% | +51.0% |
| Electronic Arts IncCUSIP 285512109 | $73.0M | 7.0% | −3.7% |
| CYTKCytokinetics Inc | $65.4M | 6.2% | −9.1% |
| PENPenumbra Inc | $58.6M | 5.6% | +127.0% |
| Chart Inds IncCUSIP 16115Q308 | $44.8M | 4.3% | −19.1% |
| ABVXAbivax Sa | $40.9M | 3.9% | New |
| GPNGlobal Pmts Inc | $38.7M | 3.7% | +24.1% |
| AESAes Corp | $30.8M | 2.9% | +128.8% |
| AMDAdvanced Micro Devices Inc | $27.3M | 2.6% | −32.8% |
| Asml Hldg NvCUSIP N07059210 | $25.5M | 2.4% | −32.0% |
| NVDANvidia Corporation | $24.9M | 2.4% | −49.4% |
| INDVIndivior Pharmaceuticals Inc | $24.0M | 2.3% | −14.4% |
| RVMDRevolution Medicines Inc | $22.7M | 2.2% | −55.1% |
| UNFUnifirst Corp Mass | $22.4M | 2.1% | +15.0% |
| TSMTaiwan Semiconductor Manufac | $20.5M | 1.9% | −63.2% |
| CZRCaesars Entertainment Inc Ne | $20.1M | 1.9% | New |
| AMZNAmazon Com Inc | $16.2M | 1.5% | New |
| Apogee Therapeutics IncCUSIP 03770N101 | $15.6M | 1.5% | New |
| Two Harbors Inventment CorpoCUSIP 90187B804 | $14.9M | 1.4% | +218.7% |
| MRVLMarvell Technology Inc | $13.7M | 1.3% | −80.7% |
| LRCXLam Research Corp | $13.4M | 1.3% | New |
| SNDKSandisk Corp | $13.4M | 1.3% | −88.1% |
| ANETArista Networks Inc | $13.3M | 1.3% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| SIMOSilicon Motion Technology Co | September 30, 2022 | +411.3% | $12.9M |
| TSMTaiwan Semiconductor Manufac | March 31, 2025 | +187.7% | $20.5M |
| AMDAdvanced Micro Devices Inc | December 31, 2025 | +171.3% | $27.3M |
| AEVAAeva Technologies Inc | September 30, 2025 | +98.1% | $12.8M |
| RVMDRevolution Medicines Inc | March 31, 2026 | +92.6% | $22.7M |
| NVDANvidia Corporation | March 31, 2025 | +84.6% | $24.9M |
| Asml Hldg NvCUSIP N07059210 | March 31, 2026 | +50.6% | $25.5M |
| INDVIndivior Pharmaceuticals Inc | March 31, 2026 | +34.6% | $24.0M |
| CYTKCytokinetics Inc | March 31, 2024 | +21.5% | $65.4M |
| Cmb.tech NvCUSIP B38564108 | March 31, 2026 | +10.6% | $11.6M |
Sold off last quarter
- Clearwater Analytics Hldgs ICUSIP 185123106 was $53.6M
- KVUEKenvue Inc was $43.2M
- Terns Pharmaceuticals IncCUSIP 880881107 was $26.7M
- FabrinetCUSIP G3323L100 was $23.1M
- AVGOBroadcom Inc was $22.3M
- VSNTVersant Media Group Inc was $20.1M
- WDCWestern Digital Corp was $17.4M
- FWRDForward Air Corp was $14.7M
- Capri Holdings LimitedCUSIP G1890L107 was $14.7M
- Valaris LtdCUSIP G9460G101 was $13.1M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +15.9% | +14.8% |
| March 31, 2026 | −0.9% | −4.6% |
| December 31, 2025 | +1.6% | +2.4% |
| September 30, 2025 | +11.1% | +7.8% |
| June 30, 2025 | +9.4% | +10.5% |
| March 31, 2025 | −4.8% | −4.6% |
| December 31, 2024 | −2.0% | +2.1% |
| September 30, 2024 | +0.6% | +5.4% |
| June 30, 2024 | −10.1% | +4.0% |
| March 31, 2024 | +7.1% | +10.0% |
| December 31, 2023 | −3.2% | +11.2% |
| September 30, 2023 | +2.5% | −3.6% |
| June 30, 2023 | +7.7% | +8.3% |
| March 31, 2023 | +5.0% | +7.0% |
| December 31, 2022 | −0.3% | +7.1% |
| September 30, 2022 | +3.2% | −5.3% |
| June 30, 2022 | −15.8% | −16.5% |
| March 31, 2022 | −6.6% | −4.9% |
| December 31, 2021 | +4.3% | +10.7% |
| September 30, 2021 | −1.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Melqart Asset Management (UK) Ltd Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1712901&type=13F-HR&dateb=&owner=include&count=40CIK 1712901
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1712901/000117266126003634/Filed August 14, 2026 · accession 0001172661-26-003634