Quincy Lee - Ancient Art (Teton Capital) 13F Activity & Position Changes (Q2 2016)

As of Jun 30, 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 Q2 2016, the filing reported:

New Buys - Credit Acceptance Corporation, Charter Communications, Inc., Ferrari

Increases - Builders FirstSource, Inc., Alphabet Inc.

Reductions - Interactive Brokers Group, Inc., Nexstar Media Group, Inc.

Complete Exits - Copa Holdings, Pampa Energia S.A.

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
Q2 2016	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Buy	+284,742	+35.6%	$12.20K	1,084,470
Q2 2016	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Buy - Position Entry	+139,576	-	$25.83K	139,576
Q2 2016	CHTR Charter Communications, Inc.	Charter Communications, Inc.	Buy - Position Entry	+157,208	-	$35.94K	157,208
Q2 2016	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+55,000	+44.4%	$123.83K	178,920
Q2 2016	IBKR Interactive Brokers Group, Inc.	Interactive Brokers Group, Inc.	Sell	-163,035	-4.7%	$117.47K	3,318,373
Q2 2016	NXST Nexstar Media Group, Inc.	Nexstar Media Group, Inc.	Sell	-203,408	-57.7%	$7.08K	148,897
Q2 2016	P31076105 Copa Holdings	Copa Holdings	Sell - Position Exit	-444	-100.0%	$0.00	-
Q2 2016	PAM Pampa Energia S.A.	Pampa Energia S.A.	Sell - Position Exit	-54,721	-100.0%	$0.00	-
Q2 2016	RACE Ferrari	Ferrari	Buy - Position Entry	+536,385	-	$21.95K	536,385