SEC 13F Intelligence

Managers / Q4 2019 · view latest →

Ancient Art, L.P.

CIK 0001426749 · 500 WEST 5TH STREET, SUITE 1110, AUSTIN, TX, 78701 · 512.351.4440

Reported Value
$672M
Q4 2019
Positions
17
Filings on Record
30
2019–present window
Filed
Feb 14, 2020
original filing

Summary

Ancient Art, L.P. reported $672M in U.S.-listed holdings across 17 positions for Q4 2019.

Its largest position, ZG, represents 17.4% of the portfolio.

Compared with Q3 2019, the fund opened 2 new positions and exited 3.

Portfolio Metrics

Turnover
+5.5%
vs prior filed quarter
Top-10 Concentration
+92.2%
share of reported value
Largest Position
+17.4%
Zillow
New / Exited
2 / 3
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $498MQ4 ’18Q1 ’19: $549MQ2 ’19: $631MQ3 ’19: $603MQ4 ’19: $672MQ4 ’19Q1 ’20: $620MQ2 ’20: $545MQ3 ’20: $729MQ4 ’20: $1.0BQ4 ’20Q1 ’21: $1.0BQ2 ’21: $1.1BQ3 ’21: $947MQ4 ’21: $887MQ4 ’21Q1 ’22: $769MQ2 ’22: $650MQ3 ’22: $536MQ4 ’22: $473MQ4 ’22Q1 ’23: $459MQ2 ’23: $472MQ3 ’23: $466MQ4 ’23: $600MQ4 ’23Q1 ’24: $495MQ2 ’24: $390MQ3 ’24: $432MQ4 ’24: $470MQ4 ’24Q1 ’25: $337MQ2 ’25: $310MQ3 ’25: $416MQ4 ’25: $442MQ4 ’25Q1 ’26: $459Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 75.6%Tracking Stk: 21.0%Other: 3.4%
  • Common Stock · 75.6% · $508M
  • Tracking Stk · 21.0% · $141M
  • Other · 3.4% · $23M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TEEKAY LNG PARTNERS L PNEW+495.2K495.2K+$8M$8M
RSTROSETTA STONE INCNEW+33.5K33.5K+$608,000$608,000
SAVEEURSPIRIT AIRLS INCSOLD OUT−348.3K0−$13M$0
FOSLFOSSIL GROUP INCSOLD OUT−375.7K0−$5M$0
DESPEGAR COM CORPSOLD OUT−73.7K0−$834,000$0
BLDRBUILDERS FIRSTSOURCE INCTRIMMED−340.7K386.0K−$5M$10M
FIAT CHRYSLER AUTOMOBILES NADDED+300.0K1.02M+$6M$15M
UPWKUPWORK INCADDED+835.5K3.57M+$2M$38M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

15 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LM05LIBERTY MEDIA CORP DELAWARECOM SER A FRMLA · COM SER C FRMLA21.01%$141M3.20M
2ZGZILLOW GROUP INCCL A · CL C CAP STK19.30%$130M2.84M
3GOOGALPHABET INChistory →CAP STK CL C15.80%$106M79.5K
4IBKRINTERACTIVE BROKERS GROUP INhistory →COM CL A11.23%$75M1.62M
5RDFNREDFIN CORPhistory →COM8.34%$56M2.65M
6CHTRCHARTER COMMUNICATIONS INC Nhistory →CL A6.84%$46M94.8K
7UPWKUPWORK INChistory →COM5.66%$38M3.57M
8THOTHOR INDS INChistory →COM3.56%$24M322.1K
9ALGTALLEGIANT TRAVEL COhistory →COM2.32%$16M89.8K
10FIAT CHRYSLER AUTOMOBILES NSHS2.24%$15M1.02M
11BLDRBUILDERS FIRSTSOURCE INChistory →COM1.46%$10M386.0K
12TEEKAY LNG PARTNERS L PPRTNRSP UNITS1.15%$8M495.2K
13EB4EVENTBRITE INCCOM CL A0.99%$7M329.1K
14RSTROSETTA STONE INCCOM0.09%$608,00033.5K
15PRPLPURPLE INNOVATION INCCOM0.02%$141,00016.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$459M16May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$442M11Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$416M12Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$310M15Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$337M12May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$470M14Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$432M14Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$390M17Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$495M16May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$600M17Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$466M17Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$472M18Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$459M17May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$473M21Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$536M21Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$650M21Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$769M20May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$887M21Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$947M22Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.1B22Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.0B23May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.0B22Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$729M20Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$545M19Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$620M27May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$672M17Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$603M18Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$631M16Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$549M15May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$498M11Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.