Latest Ancient Art, L.P. Stock Portfolio

Ancient Art, L.P. Performance:

2025 Q4: 8.77%YTD: 31.59%2024: 14.5%

Performance for 2025 Q4 is 8.77%, and YTD is 31.59%, and 2024 is 14.5%.

About Ancient Art, L.P. and 13F Hedge Fund Stock Holdings

Ancient Art, L.P. is a hedge fund based in Austin, TX. On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, Ancient Art, L.P. reported an equity portfolio of $442.1 Millions as of 31 Dec, 2025.

The top stock holdings of Ancient Art, L.P. are IBKR, UPWK, SATS. The fund has invested 23.9% of it's portfolio in INTERACTIVE BROKERS GROUP IN and 20.8% of portfolio in UPWORK INC.

The fund managers got completely rid off INMODE LTD (INMD) stocks. They significantly reduced their stock positions in FRONTIER GROUP HLDGS INC (ULCC), ECHOSTAR CORP (SATS) and CONTROLADORA VUELA COMP DE A (VLRS). The fund showed a lot of confidence in some stocks as they added substantially to BBB FOODS INC, THRYV HLDGS INC (THRY) and UPWORK INC (UPWK).

Ancient Art, L.P. Annual Return Estimates Vs S&P 500

Our best estimate is that Ancient Art, L.P. made a return of 8.77% in the last quarter. In trailing 12 months, it's portfolio return was 31.59%.

Performance
S&P 500

New Buys

No new stocks were added by Ancient Art, L.P.

Additions

Ticker	% Inc.
bbb foods inc	183
thryv hldgs inc	19.2
upwork inc	8.72
stellantis n.v	1.45

Additions to existing portfolio by Ancient Art, L.P.

Reductions

Ticker	% Reduced
frontier group hldgs inc	-16.34
echostar corp	-15.01
controladora vuela comp de a	-10.58

Ancient Art, L.P. reduced stake in above stock

Sold off

Ticker	$ Sold
inmode ltd	-14,253,800

Ancient Art, L.P. got rid off the above stocks

Sector Distribution

Ancient Art, L.P. has about 37.3% of it's holdings in Financial Services sector.

Sector	%
Financial Services	37.3
Industrials	24.6
Others	22
Technology	13.9
Communication Services	2.1

Market Cap. Distribution

Ancient Art, L.P. has about 37.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	37.3
SMALL-CAP	24.6
UNALLOCATED	22
NANO-CAP	13.9
MICRO-CAP	2.1

Stocks belong to which Index?

About 40.7% of the stocks held by Ancient Art, L.P. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	59.3
RUSSELL 2000	40.7

Top 5 Winners (%)		%
LOMA	loma negra c i a s a mtn 14	75.7 %
SATS	echostar corp	39.2 %
VLRS	controladora vuela comp de a	22.4 %
STLA	stellantis n.v	16.5 %
ALLY	ally finl inc	15.5 %

Top 5 Winners ($)		$
SATS	echostar corp	19.9 M
LOMA	loma negra c i a s a mtn 14	8.0 M
ALLY	ally finl inc	8.0 M
UPWK	upwork inc	5.6 M
STLA	stellantis n.v	5.4 M

Top 5 Losers (%)		%
THRY	thryv hldgs inc	-47.7 %
IBKR	interactive brokers group in	-6.5 %
	tamboran res corp	-0.6 %

Top 5 Losers ($)		$
THRY	thryv hldgs inc	-8.6 M
IBKR	interactive brokers group in	-7.4 M
	tamboran res corp	-0.1 M

Ancient Art, L.P. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Ancient Art, L.P.

Ancient Art, L.P. has 11 stocks in it's portfolio. THRY proved to be the most loss making stock for the portfolio. SATS was the most profitable stock for Ancient Art, L.P. last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ALLY	ally finl inc	13.40	1,308,400	59,257,400	unchanged	0.00

IBKR	interactive brokers group in	23.91	1,643,640	105,702,000	unchanged	0.00

INMD	inmode ltd	0.00	0.00	0.00	sold off	-100

LOMA	loma negra c i a s a mtn 14	4.21	1,435,810	18,593,700	unchanged	0.00

SATS	echostar corp	13.93	566,389	61,566,500	reduced	-15.01

STLA	stellantis n.v	8.62	3,499,410	38,108,600	added	1.45

THRY	thryv hldgs inc	2.14	1,560,910	9,443,490	added	19.2

ULCC	frontier group hldgs inc	3.82	3,583,800	16,879,700	reduced	-16.34

UPWK	upwork inc	20.81	4,640,810	91,980,900	added	8.72

VLRS	controladora vuela comp de a	3.52	1,753,190	15,568,400	reduced	-10.58

	bbb foods inc	2.96	391,637	13,076,800	added	183

	tamboran res corp	2.69	437,142	11,903,400	unchanged	0.00