13G Filing: Tieton Capital Management, LLC and Psychemedics Corp (PMD)
You can access the original SEC filing by clicking here.
Quincy Lee's Ancient Art, operated under Teton Capital, is situated in Austin, Texas, with an asset under management (AUM) totaling approximately $1.16 billion. The firm was established in 1999, and in the spring of 2010, Teton successfully raised a substantial portion of this capital, securing $194 million from 80 investors. As a former executive at the publicly traded Rackspace Hosting, Quincy Lee allocates around two-thirds of his equity investments to the Technology and Services sectors. Impressively, Teton Capital achieved an annual return rate of 21% between 2001 and 2011.
In their most recent 13F filing for Q3 2023, Ancient Art disclosed holdings of $465.8 million in managed 13F securities, with a top 10 holdings concentration reaching 86.16%.
