Ancient Art, L.P. 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Ancient Art, L.P. disclosed 11 US equity positions worth $442.1m in its Q4 2025 13F filing. The largest position was IBKR at 23.9% of the reported book, followed by UPWK and ECHO. Against the Q3 2025 filing, it opened 0 new positions, added to 4 and reduced 3 among the top 11 holdings.
What did Ancient Art, L.P. own in Q4 2025? Top 11 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | IBKR INTERACTIVE BROKERS GROUP IN | Financial Services | 23.9% | $105.7m | 1,643,636 | 0% | held |
| 2 | UPWK UPWORK INC | Communication Services | 20.8% | $92.0m | 4,640,814 | 9% | added |
| 3 | ECHO ECHOSTAR CORP | Communication Services | 13.9% | $61.6m | 566,389 | -15% | reduced |
| 4 | ALLY ALLY FINL INC | Financial Services | 13.4% | $59.3m | 1,308,399 | 0% | held |
| 5 | STLA STELLANTIS N.V | Consumer Cyclical | 8.6% | $38.1m | 3,499,412 | 1% | added |
| 6 | LOMA LOMA NEGRA C I A S A MTN 14 | 4.2% | $18.6m | 1,435,809 | 0% | held | |
| 7 | ULCC FRONTIER GROUP HLDGS INC | Industrials | 3.8% | $16.9m | 3,583,803 | -16% | reduced |
| 8 | VLRS CONTROLADORA VUELA COMP DE A | 3.5% | $15.6m | 1,753,193 | -11% | reduced | |
| 9 | TBBB BBB FOODS INC | Consumer Defensive | 3.0% | $13.1m | 391,637 | 183% | added |
| 10 | TAMBORAN RES CORP | 2.7% | $11.9m | 437,142 | 0% | held | |
| 11 | THRY THRYV HLDGS INC | 2.1% | $9.4m | 1,560,908 | 19% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.