Quincy Lee - Ancient Art (Teton Capital) 13F Activity & Position Changes (Q4 2023)

As of Dec 31, 2023, the Ancient Art (Teton Capital) portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 14, 2024. 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 2023, the filing reported:

New Buys - Expedia Group, Inc.

Increases - Ally Financial Inc., Oscar Health, Inc., Spirit Airlines, Inc., Frontier Group Holdings, Inc., Vital Energy, Inc.

Reductions - Amazon.com, Inc., Meta Platforms, Inc., SEMrush Holdings, Inc., Upwork Inc., Controladora Vuela Compania de

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 2023	ALLY Ally Financial Inc.	Ally Financial Inc.	Buy	+93,420	+6.0%	$57.49M	1,646,222
Q4 2023	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-45,000	-20.0%	$27.35M	180,000
Q4 2023	EXPE Expedia Group, Inc.	Expedia Group, Inc.	Buy - Position Entry	+296,257	-	$44.97M	296,257
Q4 2023	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-10,500	-12.3%	$26.41M	74,612
Q4 2023	OSCR Oscar Health, Inc.	Oscar Health, Inc.	Buy	+936,763	+33.5%	$34.13M	3,729,904
Q4 2023	SAVE Spirit Airlines, Inc.	Spirit Airlines, Inc.	Buy	+440,332	+31.8%	$29.92M	1,825,295
Q4 2023	SEMR SEMrush Holdings, Inc.	SEMrush Holdings, Inc.	Sell	-933,148	-25.5%	$37.19M	2,722,522
Q4 2023	ULCC Frontier Group Holdings, Inc.	Frontier Group Holdings, Inc.	Buy	+700,000	+8.8%	$47.29M	8,661,321
Q4 2023	UPWK Upwork Inc.	Upwork Inc.	Sell	-268,279	-4.6%	$83.12M	5,589,636
Q4 2023	VLRS Controladora Vuela Compania de	Controladora Vuela Compania de	Sell	-13,080	-3.2%	$3.74M	399,168
Q4 2023	VTLE Vital Energy, Inc.	Vital Energy, Inc.	Buy	+36,997	+11.7%	$16.09M	353,700