Quincy Lee - Ancient Art (Teton Capital) 13F Activity & Position Changes (Q1 2016)

As of Mar 31, 2016, the Ancient Art (Teton Capital) portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2016, the filing reported:

New Buys - Builders FirstSource, Inc., Copa Holdings, Pampa Energia S.A.

Increases - Interactive Brokers Group, Inc., Rush Enterprises, Inc., U-Haul Holding Company

Reductions - Alphabet Inc.

Complete Exits - Gaming and Leisure Properties,

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2016	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Buy - Position Entry	+799,728	-	$9.01K	799,728
Q1 2016	GLPI Gaming and Leisure Properties,	Gaming and Leisure Properties,	Sell - Position Exit	-79,275	-100.0%	$0.00	-
Q1 2016	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-88,569	-41.7%	$92.31K	123,920
Q1 2016	IBKR Interactive Brokers Group, Inc.	Interactive Brokers Group, Inc.	Buy	+263,395	+8.2%	$136.89K	3,481,408
Q1 2016	P31076105 Copa Holdings	Copa Holdings	Buy - Position Entry	+444	-	$30.00	444
Q1 2016	PAM Pampa Energia S.A.	Pampa Energia S.A.	Buy - Position Entry	+54,721	-	$1.17K	54,721
Q1 2016	RUSHA Rush Enterprises, Inc.	Rush Enterprises, Inc.	Buy	+1,429,355	+367.6%	$33.16K	1,818,179
Q1 2016	UHAL U-Haul Holding Company	U-Haul Holding Company	Buy	+49,777	+50.3%	$53.13K	148,687