Ancient Art, L.P.

CIK 1426749 · View on SEC EDGAR ↗

Portfolio value
$489.4M
#3,824 of 9,443 by 13F value · top 40.5%
Positions
16
As of
June 30, 2026

Portfolio value QoQ: +6.7% 13F does not disclose cash

Top 10 holdings weight
88.88%
Top 25 holdings weight
100.00%
Positions above 1%
13
Effective number of positions
8.4

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 25.95% Est. buys $122,995,488 · sells $129,458,987

Median holding: 2.0 quarters Tracked Q4 2024–Q2 2026 · 55.2% still held

New positions
2
Increased
2
Decreased
2
Closed
2
On this page

Performance vs S&P 500

Tracked Q2 2025–Q2 2026
+27.0%
S&P 500 total return (same window)
+21.7%
Excess return
+5.3%

Annualized: +27.0% · S&P 500: +21.7%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 99.6% · Options excluded: 0.0%

Sector breakdown

Financial Services
40.0%
Industrials
20.4%
Real Estate
13.9%
Retail
10.2%
Technology
8.6%
Consumer Discretionary
3.8%
Energy
2.9%
Communication Services
0.3%

Full portfolio 16 positions

Type Streak 8Q trend
IBKR Interactive Brokers Group, Inc. - Class A Common Stock $111,863,199 22.86% 1,285,193 $25,665,304
Z Zillow Group, Inc. - Class C Capital Stock $68,094,516 13.91% 2,160,359 Up ×1
UPWK Upwork Inc. - Common Stock $60,430,511 12.35% 7,228,530 $-4,890,092 Up ×4
ALLY Ally Financial Inc. Common Stock $60,120,934 12.28% 1,308,399 $8,792,441
CPNG Coupang, Inc. Class A Common Stock $31,001,959 6.33% 1,784,799 $19,772,154 Up ×1
RKT Rocket Companies, Inc. Class A Common Stock $23,625,000 4.83% 1,500,000
GTLB GitLab Inc. - Class A Common Stock $22,897,500 4.68% 750,000 $6,667,500
SPT Sprout Social, Inc - Class A Common Stock $19,154,909 3.91% 2,537,074 $4,693,587
ULCC Frontier Group Holdings, Inc. - Common Stock $18,945,391 3.87% 2,395,119 $7,922,246 Down ×4
TBBB BBB Foods Inc. Class A Common Shares $18,813,880 3.84% 451,497 $2,844,431
STLA Stellantis N.V. Common Shares $18,364,625 3.75% 3,199,412 $-4,319,206
LOMA Loma Negra Compania Industrial Argentina Sociedad Anonima ADS $16,440,013 3.36% 1,435,809 $516,891
TBN Tamboran Resources Corporation Common stock $14,211,486 2.90% 437,142 $-7,641,243
VLRS Controladora Vuela Compania de Aviacion, S.A.B. de C.V. American Depositary Shares, each representing ten (10) Ordinary Participation Certificates $3,805,522 0.78% 406,139 $865,076
THRY Thryv Holdings, Inc. - Common Stock $1,487,716 0.30% 377,593 $-2,789,172 Down ×1
DLO DLocal Limited - Class A Common Shares $130,834 0.03% 10,068 $252

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
UPWK $60,430,511 12.35% up ×4

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
Z $68,094,516 2,160,359 13.91%
RKT $23,625,000 1,500,000 4.83%

Top movers (QoQ)

Security Action Shares Δ Value Δ
IBKR Price move only +0 +$25.7M
CPNG Bought more +1.2M +$19.8M
ALLY Price move only +0 +$8.8M
ULCC Trimmed -728K +$7.9M
TBN Price move only +0 -$7.6M
GTLB Price move only +0 +$6.7M
UPWK Bought more +1.3M -$4.9M
SPT Price move only +0 +$4.7M
STLA Price move only +0 -$4.3M
TBBB Price move only +0 +$2.8M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
SATS June 30, 2026 545,189 $63,825,276 No longer tracked
MELI June 30, 2026 31,935 $55,216,254 7.2%
OSCR June 30, 2025 2,950,753 $38,684,372 47.0%
BABA June 30, 2025 286,629 $37,900,953 12.8%
DESP March 31, 2025 1,647,343 $31,711,353 No longer tracked
INMD Dec. 31, 2025 956,630 $14,253,787 2.8%
CIVI March 31, 2025 223,500 $10,251,945 No longer tracked
IBIT June 30, 2025 134,000 $6,272,540
VTLE Sept. 30, 2025 335,000 $5,390,150 No longer tracked
GGAL March 31, 2025 50,000 $3,116,000 -22.0%
RKT Sept. 30, 2025 119,703 $1,697,389 -23.4%
ETWO Sept. 30, 2025 414,064 $1,337,427 No longer tracked
COOP Sept. 30, 2025 6,366 $949,871 No longer tracked
FLYYQ Sept. 30, 2025 19,351 $96,561 No longer tracked