Quincy Lee - Ancient Art (Teton Capital) 13F Activity & Position Changes (Q4 2016)

As of Dec 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 Q4 2016, the filing reported:

New Buys - Grupo Televisa S.A.B.

Increases - Builders FirstSource, Inc., Credit Acceptance Corporation, Alphabet Inc.

Reductions - Interactive Brokers Group, Inc., Ferrari, Rush Enterprises, Inc.

Complete Exits - None reported

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
Q4 2016	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Buy	+1,129,925	+104.2%	$24.29K	2,214,395
Q4 2016	CACC Credit Acceptance Corporation	Credit Acceptance Corporation	Buy	+254,630	+125.8%	$99.42K	457,070
Q4 2016	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+25,000	+14.0%	$157.39K	203,920
Q4 2016	IBKR Interactive Brokers Group, Inc.	Interactive Brokers Group, Inc.	Sell	-17,121	-0.5%	$120.53K	3,301,252
Q4 2016	RACE Ferrari	Ferrari	Sell	-51,819	-8.6%	$31.91K	548,766
Q4 2016	RUSHB Rush Enterprises, Inc.	Rush Enterprises, Inc.	Sell	-150,472	-17.0%	$22.61K	732,490
Q4 2016	TV Grupo Televisa S.A.B.	Grupo Televisa S.A.B.	Buy - Position Entry	+300,000	-	$6.27K	300,000