Quincy Lee - Ancient Art (Teton Capital) Portfolio Balances (Dec 31, 2025)

As of Dec 31, 2025, the Ancient Art (Teton Capital) portfolio balances reported a total equity value of $442.08M across 11 publicly traded holdings. These balances reflect the most recent SEC 13F filing dated Feb 17, 2026, providing an updated snapshot of assets under management.

The portfolio balances highlight INTERACTIVE BROKERS GROUP IN (IBKR) as the single largest position, accounting for 23.9% of total equity value, followed by UPWORK INC (UPWK), ECHOSTAR CORP (SATS), ALLY FINL INC (ALLY), and others. Collectively, the top five holdings represent 80.7% of the portfolio, showing how capital is distributed among core positions and long-term investments.