Quincy Lee's Portfolio Activity: March 2026 Investment Changes

Quincy Lee, managing the portfolio for Ancient Art (Teton Capital), saw significant changes in their holdings as of March 31, 2026. The total portfolio value stood at $442.64 million, with the top holdings reflecting strategic adjustments across different sectors.

Lee's portfolio showed notable activity in several stocks during this quarter. The largest position, Interactive Brokers Group Inc. (IBKR), saw a reduction in holdings. Lee sold approximately 0.36 million shares, representing an 18.8% allocation in the portfolio, with the stock value decreasing by $20.02 million to $86.20 million. This was the most substantial change in terms of share count for the quarter.

In contrast, several companies experienced significant share increases. Upwork Inc. (UPWK) saw a 28.42% increase in shares, adding 1.32 million shares to reach a 14.24% allocation. Echostar Corp. (SATS) and Mercadolibre Inc. (MELI) both added shares, with SATS increasing by 0.37% and MELI adding a full 100% of its position in this period.

Tech-focused companies were prominent in the buying activity. Gitlab Inc. (GTLB), Sprout Social Inc. (SPT), and Coupa Networks Inc. (CPNG) all saw their positions fully established in this quarter, with 100% share growth reported for each. These additions increased their portfolio allocations to 3.54%, 3.15%, and 2.45% respectively.

Other notable changes included Frontier Group Holdings Inc. (ULCC) and Controladora Vuela Comp de A (VLRS) which saw substantial reductions. ULCC decreased its position by 12.87%, while VLRS experienced an 85.17% reduction in its allocation.

For a complete view of Quincy Lee's investment activity, you can explore their profile and holdings on Insiderset: Investor Profile. Detailed information on each stock position can be found at IBKR, UPWK, SATS, and other stock profiles mentioned above.