Ancient Art, L.P.
AUSTIN, TX
$489m in 16 US stocks at the end of 30 June 2026. The top 10 are 88.9% of the money. It changed about 31.6% of the portfolio this quarter.
Value
$489m
Stocks
16
Top 10 share
88.9%
Turnover
31.6%
What changed this quarter
New
Bought for the first time this quarter.
- Zillow GroupZ13.9% of the fund
- Rocket CompaniesRKT4.8% of the fund
Added
Bought more of a stock they already held.
- UpworkUPWK12.3% of the fund+21%
- CoupangCPNG6.3% of the fund+200%
Cut
Sold some of their stake.
- Frontier Group HoldingsULCC3.9% of the fund-23%
- Thryv HoldingsTHRY0.3% of the fund-76%
Sold out
Sold their entire stake.
- EchoStarECHO-100%
- MercadoLibreMELI-100%
Holdings
- Controladora Vuela Comp de AVLRS
- Share
- 0.8%
- Value
- $4m
- Shares
- 406,139
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Interactive Brokers GroupIBKR | 22.9% | $112m | 1,285,193 | Held |
| Zillow GroupZ | 13.9% | $68m | 2,160,359 | New |
| UpworkUPWK | 12.3% | $60m | 7,228,530 | +21% |
| Ally FinancialALLY | 12.3% | $60m | 1,308,399 | Held |
| CoupangCPNG | 6.3% | $31m | 1,784,799 | +200% |
| Rocket CompaniesRKT | 4.8% | $24m | 1,500,000 | New |
| GitlabGTLB | 4.7% | $23m | 750,000 | Held |
| Sprout SocialSPT | 3.9% | $19m | 2,537,074 | Held |
| Frontier Group HoldingsULCC | 3.9% | $19m | 2,395,119 | -23% |
| BBB FoodsTBBB | 3.8% | $19m | 451,497 | Held |
| StellantisSTLA | 3.8% | $18m | 3,199,412 | Held |
| Loma Negra Compania Industrial Argentina Sociedad AnonimaLOMA | 3.4% | $16m | 1,435,809 | Held |
| Tamboran ResourcesTBN | 2.9% | $14m | 437,142 | Held |
| Controladora Vuela Comp de AVLRS | 0.8% | $4m | 406,139 | Held |
| Thryv HoldingsTHRY | 0.3% | $1m | 377,593 | -76% |
| dLocalDLO | <0.1% | $130,834 | 10,068 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 58.0% since 30 June 2025.
Where the money is
Financial services40.0%
Technology34.9%
Retail & consumer10.1%
Industrials3.9%
Everyday goods3.8%
Materials3.4%
Energy2.9%
Media & telecom0.3%
Other0.8%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.