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Quincy Lee's Ancient Art (Teton Capital) exited its entire ECHO position, 13.92% of the portfolio.

Sold out of a position that was 545,189 shares worth $63.83M as of the previous filing.
Published · Based on SEC filings

High impact
Position exited
2026 Q2

EchoStar Corp (ECHO) is gone from Quincy Lee's Ancient Art (Teton Capital) portfolio as of June 30, 2026, according to the 13F-HR filed with the SEC on August 14, 2026. A quarter earlier the position was 545K shares worth about $63.8M, or 13.92% of the reported book. ECHO had been in the portfolio for 1 year, since the quarter ended June 30, 2025.

What did the 2026 Q2 filing report for ECHO?

As of June 30, 2026, from the 13F-HR filed August 14, 2026.

Before After
Shares 545K 0
Reported value $63.8M $0
Portfolio weight 13.92% 0%
Held since 2025 Q2 sold out in 2026 Q2
Quarters held 4

What did Quincy Lee sell?

Quincy Lee sold 545K shares of ECHO between the quarter ended March 31, 2026 and June 30, 2026. The ECHO exit was the largest of the quarter's 8 position changes by percent change to portfolio.

Where does ECHO sit in the Quincy Lee portfolio?

Before the sale, ECHO carried 13.92% of the Quincy Lee portfolio, above the fund's average stock position of 6%. The largest stock position is IBKR at 22.86%. Next come ZG at 13.91% and UPWK at 12.35%. The three largest stocks together are 49.12% of the book. Across the 2026 Q2 portfolio, Quincy Lee reported 16 stock positions, with 2 opened and 2 closed. The total portfolio value is about $489.4M, up 7% from the prior quarter.

Quincy Lee buys and sells, 2026 Q2

How long has Quincy Lee held ECHO?

Quincy Lee held ECHO for 1 year, from the quarter ended June 30, 2025 to March 31, 2026. The weight peaked at 13.93% in 2025 Q4. Last quarter the fund had trimmed the position by 4%. Every reported trade is on the Quincy Lee ECHO trade history page.

Quincy Lee shares of ECHO by quarter

Did other funds buy or sell ECHO in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 2 still hold ECHO. Every tracked holder of ECHO is on the ECHO ownership page.

FAQ

How many ECHO shares did Quincy Lee sell?

Quincy Lee sold all 545K shares of ECHO it reported a quarter earlier, worth about $63.8M.

When did Quincy Lee first buy ECHO?

Quincy Lee first reported ECHO in the quarter ended June 30, 2025.

How much of the Quincy Lee portfolio was ECHO?

ECHO was 13.92% of the Quincy Lee portfolio at the prior quarter-end, and 0% after the sale.

Did other funds sell ECHO in 2026 Q2?

No other tracked fund sold out of ECHO or trimmed it in 2026 Q2; 2 still hold it.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Alan Irwin
Alan Irwin
Valuesider analyst