Ancient Art, L.P.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Ancient Art, L.P. reported 16 stock positions worth $494.9 million. Its top holding was Stellantis (STLA) at 14.8% of the portfolio, followed by Upwork (UPWK, 12.9%) and Interactive Brokers Gro Class A (IBKR, 12.4%). Compared with Q4 2023, it opened 1 new position, sold out of 2, added to 2 and reduced 11. The biggest buy was Vital Energy (VTLE, shares +14%) and the biggest sale Expedia (EXPE, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0001426749
- Portfolio Value
- $494.9M (Q1 2024)
- SEC Filing
- 0001085146-24-002589 ↗ filed May 15, 2024
Holdings Value
Holdings 16 stocks · $494.9M
| STLA Stellantis NV | 14.82% | 2,590,998 | $73.3M | Reduce -13.2% |
| UPWK Upwork Inc. | 12.94% | 5,224,436 | $64.1M | Reduce -6.5% |
| IBKR Interactive Brokers Gro Class A | 12.42% | 550,174 | $61.5M | No change |
| ULCC Frontier Group Holdings Inc. | 12.37% | 7,546,815 | $61.2M | Reduce -12.9% |
| ALLY Ally Financial Inc. | 8.38% | 1,021,646 | $41.5M | Reduce -37.9% |
| DESP Despegar.com Corp. | 7.42% | 3,071,856 | $36.7M | Reduce -14.0% |
| OSCR Oscar Health Inc. Class A | 5.97% | 1,988,429 | $29.6M | Reduce -46.7% |
| FCNCA First Citizens Bcshs Class A | 5.95% | 17,995 | $29.4M | Reduce -35.7% |
| SEMR Semrush Holdings Inc. Class A | 5.87% | 2,189,723 | $29.0M | Reduce -19.6% |
| VTLE Vital Energy Inc. | 4.29% | 403,700 | $21.2M | Add +14.1% |
| AMZN Amazon.com Inc. | 3.28% | 90,000 | $16.2M | Reduce -50.0% |
| EXPE Expedia Group Inc. | 2.27% | 81,640 | $11.2M | Reduce -72.4% |
| BABA Alibaba Group Holding-SP ADR | 1.63% | 111,629 | $8.1M | Add +218.9% |
| META Meta Platforms Inc. Class A | 1.43% | 14,612 | $7.1M | Reduce -80.4% |
| VLRS Controladora Vuela Cia-ADR | 0.60% | 399,168 | $3.0M | No change |
| XPOF Xponential Fitness Inc. Class A | 0.36% | 107,100 | $1.8M | New |
Portfolio Sells Q4 2023 → Q1 2024
| EXPE Expedia Group Inc. | Reduce -72.4% | 2.27% | −5.23 |
| SAVEQ Spirit Airlines Inc. | Sold out | 0.00% | −4.99 |
| META Meta Platforms Inc. Class A | Reduce -80.4% | 1.43% | −2.97 |
| AMZN Amazon.com Inc. | Reduce -50.0% | 3.28% | −1.28 |
| ALLY Ally Financial Inc. | Reduce -37.9% | 8.38% | −1.21 |
| UPWK Upwork Inc. | Reduce -6.5% | 12.94% | −0.92 |
| FCNCA First Citizens Bcshs Class A | Reduce -35.7% | 5.95% | −0.68 |
| SEMR Semrush Holdings Inc. Class A | Reduce -19.6% | 5.87% | −0.33 |
| UHAL.B U-Haul Holding Co.-Non Voting | Sold out | 0.00% | −0.10 |
| OSCR Oscar Health Inc. Class A | Reduce -46.7% | 5.97% | +0.28 |
| DESP Despegar.com Corp. | Reduce -14.0% | 7.42% | +1.79 |
| STLA Stellantis NV | Reduce -13.2% | 14.82% | +3.22 |
| ULCC Frontier Group Holdings Inc. | Reduce -12.9% | 12.37% | +4.48 |
Portfolio Buys Q4 2023 → Q1 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $489.4M | IBKR, Z, UPWK, ALLY, CPNG |
| Q1 2026 | 16 | $458.6M | IBKR, UPWK, ECHO, MELI, ALLY |
| Q4 2025 | 11 | $442.1M | IBKR, UPWK, ECHO, ALLY, STLA |
| Q3 2025 | 12 | $416.1M | IBKR, UPWK, ALLY, ECHO, STLA |
| Q2 2025 | 15 | $309.6M | IBKR, ALLY, UPWK, STLA, ECHO |
| Q1 2025 | 12 | $337.1M | IBKR, UPWK, OSCR, BABA, STLA |
| Q4 2024 | 14 | $470.0M | UPWK, IBKR, ALLY, STLA, OSCR |
| Q3 2024 | 14 | $431.9M | ALLY, UPWK, IBKR, STLA, ULCC |
| Q2 2024 | 17 | $390.4M | UPWK, IBKR, STLA, ALLY, ULCC |
| Q1 2024 | 16 | $494.9M | STLA, UPWK, IBKR, ULCC, ALLY |