Quincy Lee - Ancient Art (Teton Capital) 13F Activity & Position Changes (Q3 2021)

As of Sep 30, 2021, the Ancient Art (Teton Capital) portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 15, 2021. 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 Q3 2021, the filing reported:

New Buys - Interface, Inc., Frontier Group Holdings, Inc.

Increases - Alibaba Group Holding Limited, Energy Transfer LP, Uber Technologies, Inc.

Reductions - Builders FirstSource, Inc., Meta Platforms, Inc., SEMrush Holdings, Inc., Upwork Inc., Wells Fargo & Company

Complete Exits - Alphabet Inc.

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
Q3 2021	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+260,000	+86.7%	$82.91K	560,000
Q3 2021	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Sell	-74,863	-5.8%	$62.58K	1,209,535
Q3 2021	ET Energy Transfer LP	Energy Transfer LP	Buy	+1,300,000	+116.4%	$23.15K	2,416,511
Q3 2021	GOOG Alphabet Inc.	Alphabet Inc.	Sell - Position Exit	-26,460	-100.0%	$0.00	-
Q3 2021	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-50,000	-13.7%	$106.91K	315,000
Q3 2021	SEMR SEMrush Holdings, Inc.	SEMrush Holdings, Inc.	Sell	-45,117	-1.9%	$54.69K	2,371,780
Q3 2021	TILE Interface, Inc.	Interface, Inc.	Buy - Position Entry	+20,136	-	$305.00	20,136
Q3 2021	UBER Uber Technologies, Inc.	Uber Technologies, Inc.	Buy	+125,000	+15.5%	$41.81K	933,238
Q3 2021	ULCC Frontier Group Holdings, Inc.	Frontier Group Holdings, Inc.	Buy - Position Entry	+86,394	-	$1.36K	86,394
Q3 2021	UPWK Upwork Inc.	Upwork Inc.	Sell	-296,934	-25.5%	$39.01K	866,386
Q3 2021	WFC Wells Fargo & Company	Wells Fargo & Company	Sell	-100,566	-6.5%	$67.15K	1,446,811