Managers / Q2 2020 · view latest →
Ancient Art, L.P.
CIK 0001426749 · 500 WEST 5TH STREET, SUITE 1110, AUSTIN, TX, 78701 · 512.351.4440
Summary
Ancient Art, L.P. reported $545M in U.S.-listed holdings across 19 positions for Q2 2020.
Its largest position, ZG, represents 14.8% of the portfolio.
Compared with Q1 2020, the fund opened 3 new positions and exited 11.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 76.3% · $415M
- Tracking Stk · 12.9% · $71M
- Other · 10.8% · $59M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| WFCWELLS FARGO CO NEW | NEW | +750.0K | 750.0K | +$19M | $19M |
| SFIXSTITCH FIX INC | NEW | +565.1K | 565.1K | +$14M | $14M |
| CUSHMAN WAKEFIELD PLC | NEW | +951.1K | 951.1K | +$12M | $12M |
| TWTRUSDTWITTER INC | ADDED | +1.32M | 1.60M | +$41M | $48M |
| FWONKUSDLIBERTY MEDIA CORP DEL | SOLD OUT | −1.65M | 0 | −$45M | $0 |
| CHTRCHARTER COMMUNICATIONS INC N | SOLD OUT | −50.0K | 0 | −$22M | $0 |
| THOTHOR INDS INC | SOLD OUT | −336.9K | 0 | −$14M | $0 |
| SAVEEURSPIRIT AIRLS INC | SOLD OUT | −926.4K | 0 | −$12M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ZGZILLOW GROUP INChistory → | CL A | 14.76% | $80M | 1.40M |
| 2 | IBKRINTERACTIVE BROKERS GROUP INhistory → | COM CL A | 14.51% | $79M | 1.89M |
| 3 | LM05LIBERTY MEDIA CORP DELhistory → | COM SER A FRMLA | 12.95% | $71M | 2.42M |
| 4 | UPWKUPWORK INChistory → | COM | 11.63% | $63M | 4.39M |
| 5 | TWTRUSDTWITTER INChistory → | COM | 8.74% | $48M | 1.60M |
| 6 | GOOGALPHABET INChistory → | CAP STK CL C | 8.17% | $44M | 31.5K |
| 7 | WFCWELLS FARGO CO NEWhistory → | COM | 3.53% | $19M | 750.0K |
| 8 | FIAT CHRYSLER AUTOMOBILES N | SHS | 3.36% | $18M | 1.79M |
| 9 | BLDRBUILDERS FIRSTSOURCE INChistory → | COM | 2.78% | $15M | 731.3K |
| 10 | DESPEGAR COM CORP | ORD SHS | 2.76% | $15M | 2.09M |
| 11 | SFIXSTITCH FIX INChistory → | COM CL A | 2.59% | $14M | 565.1K |
| 12 | TEEKAY LNG PARTNERS L P | PRTNRSP UNITS | 2.47% | $13M | 1.16M |
| 13 | RDFNREDFIN CORPhistory → | COM | 2.41% | $13M | 313.5K |
| 14 | GOOSCANADA GOOSE HLDGS INChistory → | SHS SUB VTG | 2.36% | $13M | 554.6K |
| 15 | ALGTALLEGIANT TRAVEL COhistory → | COM | 2.20% | $12M | 109.8K |
| 16 | CUSHMAN WAKEFIELD PLC | SHS | 2.18% | $12M | 951.1K |
| 17 | ASIXADVANSIX INChistory → | COM | 1.55% | $8M | 719.9K |
| 18 | DELLDELL TECHNOLOGIES INChistory → | CL C | 1.01% | $5M | 100.0K |
| 19 | PRPLPURPLE INNOVATION INC | COM | 0.05% | $292,000 | 16.2K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $459M | 16 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $442M | 11 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $416M | 12 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $310M | 15 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $337M | 12 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $470M | 14 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $432M | 14 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $390M | 17 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $495M | 16 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $600M | 17 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $466M | 17 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $472M | 18 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $459M | 17 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $473M | 21 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $536M | 21 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $650M | 21 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $769M | 20 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $887M | 21 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $947M | 22 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $1.1B | 22 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $1.0B | 23 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $1.0B | 22 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $729M | 20 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $545M | 19 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $620M | 27 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $672M | 17 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $603M | 18 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $631M | 16 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $549M | 15 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $498M | 11 | Feb 14, 2019 | 13F-HR | changes · 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 ↗.