Ancient Art, L.P.

Q4 2025 13F-HR Holdings

Location
Austin, TX
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
11
Total value ($000)
$442,081
Net value change ($000)
+26,005 (6.3%)
New positions
0
Sold out positions
1
Turnover %
3.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
UPWK 12,712 16.0%
SATS 10,681 21.0%
TBBB 9,348 250.7%
LOMA 8,012 75.7%
ALLY 7,968 15.5%
STLA 5,891 18.3%
VLRS 1,491 10.6%
Top Reduces (Value $000, Stocks/ETFs)
INMD -14,254 -100.0%
IBKR -7,397 -6.5%
THRY -6,349 -40.2%
ULCC -2,033 -10.7%
TBN -66 -0.6%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type