Quincy Lee's Top Holdings Analysis: UPWK, SATS, STLA and More
Quincy Lee's $429 million portfolio as of Dec 31, 2025, features significant stakes in UPWK, SATS, STLA, ULCC, VLRS, and THRY, with varying share changes.
As of December 31, 2025, Quincy Lee, managing investments for Ancient Art (Teton Capital), held a substantial portfolio valued at approximately $429 million. This analysis focuses on the top holdings within Lee's investment strategy during this period.
UPWK stands out as Lee's largest position, representing about 20.81% of the total portfolio with a value of $91.98 million. Lee increased their stake in UPWK by 8.72% compared to the previous period, demonstrating confidence in this Communication Services stock.
SATS is the second-largest holding, accounting for 13.93% ($61.57 million) of the portfolio. Lee's position in this Technology stock saw a reduction, with a 15.01% decrease in shares during the period.
Automotive heavyweight STLA follows, making up 8.62% ($38.11 million) of the assets. Lee's stake in this company grew by a modest 1.45% year-over-year.
Industrials-focused ULCC, representing 3.82% ($16.88 million), saw a significant reduction in Lee's holdings, with a 16.34% decrease in shares.
Another Industrials holding, VLRS, comprising 3.52% ($15.57 million) of the portfolio, also experienced a decline, with Lee reducing their position by 10.58%.
Lastly, Communication Services stock THRY, holding 2.14% ($9.44 million), saw an increase in Lee's stake, with a 19.2% rise in shares during the period.
For a complete view of Quincy Lee's investment profile, you can visit their profile on Insiderset: https://www.insiderset.com/investor/quincy-lee-ancient-art. Detailed information on each stock, including UPWK, SATS, STLA, ULCC, VLRS, and THRY, is available at their respective Insiderset pages: UPWK, SATS, STLA, ULCC, VLRS, and THRY.