Ancient Art, L.P.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Ancient Art, L.P. reported 15 stock positions worth $309.6 million. Its top holding was Interactive Brokers Gro Class A (IBKR) at 29.4% of the portfolio, followed by Ally Financial (ALLY, 16.5%) and Upwork (UPWK, 16.4%). Compared with Q1 2025, it opened 6 new positions, sold out of 3, added to 4 and reduced 1. The biggest buy was a new position in Echostar Class A (ECHO) and the biggest sale an exit from Oscar Health Class A (OSCR).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0001426749
- Portfolio Value
- $309.6M (Q2 2025)
- SEC Filing
- 0001085146-25-005268 ↗ filed Aug 14, 2025
Holdings Value
Holdings 15 stocks · $309.6M
| IBKR Interactive Brokers Gro Class A | 29.41% | 1,643,636 | $91.1M | No change |
| ALLY Ally Financial Inc. | 16.46% | 1,308,399 | $51.0M | Add +29.8% |
| UPWK Upwork Inc. | 16.38% | 3,773,908 | $50.7M | Reduce -0.2% |
| STLA Stellantis NV | 11.17% | 3,449,412 | $34.6M | Add +3.0% |
| ECHO Echostar Corp. Class A | 5.96% | 666,389 | $18.5M | New |
| ULCC Frontier Group Holdings Inc. | 5.55% | 4,730,833 | $17.2M | Add +4.4% |
| LOMA Loma Negra Cia Ind-Spon ADR | 5.09% | 1,435,809 | $15.8M | No change |
| TBN Tamboran Resources Corp. | 3.01% | 437,142 | $9.3M | No change |
| VLRS Controladora Vuela Cia-ADR | 3.01% | 1,960,574 | $9.3M | Add +8.0% |
| VTLE Vital Energy Inc. | 1.74% | 335,000 | $5.4M | No change |
| THRY Thryv Holdings Inc. | 0.91% | 230,443 | $2.8M | New |
| RKT Rocket Cos Inc. Class A | 0.55% | 119,703 | $1.7M | New |
| ETWO E2OPEN Parent Holdings Inc. | 0.43% | 414,064 | $1.3M | New |
| COOP Mr Cooper Group Inc. | 0.31% | 6,366 | $950K | New |
| FLYYQ Spirit Aviation Holdings Inc. | 0.03% | 19,351 | $97K | New |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| ECHO Echostar Corp. Class A | New | 5.96% | +5.96 |
| ALLY Ally Financial Inc. | Add +29.8% | 16.46% | +5.55 |
| THRY Thryv Holdings Inc. | New | 0.91% | +0.91 |
| RKT Rocket Cos Inc. Class A | New | 0.55% | +0.55 |
| ETWO E2OPEN Parent Holdings Inc. | New | 0.43% | +0.43 |
| COOP Mr Cooper Group Inc. | New | 0.31% | +0.31 |
| VLRS Controladora Vuela Cia-ADR | Add +8.0% | 3.01% | +0.20 |
| STLA Stellantis NV | Add +3.0% | 11.17% | +0.04 |
| FLYYQ Spirit Aviation Holdings Inc. | New | 0.03% | +0.03 |
| ULCC Frontier Group Holdings Inc. | Add +4.4% | 5.55% | −0.29 |
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 |