Ancient Art, L.P.
•CIK: 1426749•Filing: Q4 2025
**Ancient Art, L.P.** manages $442M across a concentrated portfolio of 11 positions. The fund exhibits significant conviction in technology and financial infrastructure, with top holdings including IBKR at $105.7M and UPWK at $92.0M. Further notable allocations include SATS ($61.6M) and ALLY ($59.3M), suggesting a focus on high-growth, sector-specific opportunities. This concentrated structure highlights deep research into key market enablers.
Total AUM
$442.1M
QoQ Performance
+6.3%
Positions
11
Top 10 Concentration
97.9%
Latest Filing
Q4 2025
Top Holdings Allocation
IBKR
UPWK
SATS
ALLY
STLA
IBKR23.9%
UPWK20.8%
SATS13.9%
ALLY13.4%
STLA8.6%
LOMA4.2%
ULCC3.8%
VLRS3.5%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other86.6%
Financial13.4%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
↑4 increased
↓3 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023