Ancient Art, L.P.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Ancient Art, L.P. reported 14 stock positions worth $470.0 million. Its top holding was Upwork (UPWK) at 17.1% of the portfolio, followed by Interactive Brokers Gro Class A (IBKR, 16.8%) and Ally Financial (ALLY, 15.8%). Compared with Q3 2024, it opened 2 new positions, sold out of 2, added to 2 and reduced 6. The biggest buy was a new position in Civitas Resources (CIVI) and the biggest sale Ally Financial (ALLY, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0001426749
- Portfolio Value
- $470.0M (Q4 2024)
- SEC Filing
- 0001085146-25-001639 ↗ filed Feb 14, 2025
Holdings Value
Holdings 14 stocks · $470.0M
| UPWK Upwork Inc. | 17.12% | 4,921,007 | $80.5M | Reduce -33.0% |
| IBKR Interactive Brokers Gro Class A | 16.76% | 445,909 | $78.8M | Reduce -2.3% |
| ALLY Ally Financial Inc. | 15.78% | 2,060,007 | $74.2M | Reduce -8.0% |
| STLA Stellantis NV | 9.30% | 3,349,412 | $43.7M | No change |
| OSCR Oscar Health Inc. Class A | 8.44% | 2,950,753 | $39.7M | Add +66.8% |
| ULCC Frontier Group Holdings Inc. | 8.19% | 5,416,221 | $38.5M | Reduce -28.1% |
| DESP Despegar.com Corp. | 6.75% | 1,647,343 | $31.7M | Reduce -15.6% |
| BABA Alibaba Group Holding-SP ADR | 5.17% | 286,629 | $24.3M | Add +77.3% |
| LOMA Loma Negra Cia Ind-Spon ADR | 3.82% | 1,503,275 | $17.9M | Reduce -6.3% |
| VLRS Controladora Vuela Cia-ADR | 2.35% | 1,486,729 | $11.1M | No change |
| CIVI Civitas Resources Inc. | 2.18% | 223,500 | $10.3M | New |
| TBN Tamboran Resources Corp. | 1.95% | 437,142 | $9.2M | No change |
| IBIT iShares Bitcoin Trust ETF | 1.51% | 134,000 | $7.1M | New |
| GGAL Grupo Financiero Galicia-ADR | 0.66% | 50,000 | $3.1M | No change |
Portfolio Sells Q3 2024 → Q4 2024
| ALLY Ally Financial Inc. | Reduce -8.0% | 15.78% | −2.66 |
| VTLE Vital Energy Inc. | Sold out | 0.00% | −2.51 |
| ULCC Frontier Group Holdings Inc. | Reduce -28.1% | 8.19% | −1.13 |
| UPWK Upwork Inc. | Reduce -33.0% | 17.12% | −0.64 |
| TBBB BBB Foods Inc. Class A | Sold out | 0.00% | −0.37 |
| LOMA Loma Negra Cia Ind-Spon ADR | Reduce -6.3% | 3.82% | +0.83 |
| DESP Despegar.com Corp. | Reduce -15.6% | 6.75% | +1.14 |
| IBKR Interactive Brokers Gro Class A | Reduce -2.3% | 16.76% | +2.04 |
Portfolio Buys Q3 2024 → Q4 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 |