The filing reads like a confession: Triata sold every share of Baidu (BIDU) it owned. The stock, now trading at $122.59, had climbed 45.8% year-to-date, a performance that left the S&P 500 in its dust. Yet the fund, once holding 7.9% of its assets in Baidu, now holds none. The transaction is not a verdict on the company’s soul but a shuffle of the deck, a rearrangement of chips in a game where the house always wins.
Norwood’s filing reads like a financial thriller. They sold 538,610 shares of Driven Brands in Q3, reducing their position by over 70%. The fund’s DRVN stake plummeted from 10.24% to 3.32% of 13F assets under management. I’m imagining the analysts at Norwood whispering in hushed tones, “Maybe we overestimated this one.”
The remaining 239,438 shares now sit at the 11th-largest holding in their 15-stock portfolio. Poor DRVN-downgraded from fourth to eleventh in a single quarter. If stocks had social media, it would be a DM storm of “Why did you leave me?”
Ah, the long-awaited debut of the first U.S. spot XRP ETF, a moment so monumental it could make a stone weep (or at least a very confused accountant). 🧠💥 Ripple CEO Brad Garlinghouse, ever the optimist, declared on X, “It’s (finally!) happening,” as if the universe had been holding its breath for decades. The launch … Read more
November 12, 2025, saw a filing with the Securities and Exchange Commission that revealed Sierra Summit Advisors LLC’s complete abandonment of Baidu stock. The sale of the 128,915 shares effectively ended the fund’s position in the Chinese tech giant. A modest sum of $11.06 million marks the ‘net change’ – a fancy term that signifies the amount of profit or loss that the fund claims to have incurred.
As the third quarter waned, Seven Grand Managers, with a flourish befitting a master of chess, increased its stake in Galaxy Digital by an additional 750,000 shares. With this maneuver, their total holdings now stand at 2 million shares, valued at a notable $67.6 million. The increase of $40.2 million, based on quarterly pricing, was-naturally-disclosed to the public via an SEC filing. The kind of paperwork that makes you wonder if the money’s made in investments or in creating these official documents.
Now, don’t get too excited. This test portfolio is a mere blip, making up only 0.0006% of the bank’s balance sheet. It’s sitting comfortably outside of its reserves. And no, they’re not planning on adding any more digital assets during this “test phase.” So don’t expect fireworks-yet.
Crypto chronicler Vertix, a man whose eyes pierce the veil of whale wallets and the cryptic dance of early accumulation, took to X (formerly Twitter) to declare that Worldcoin is “showing signs of smart money positioning.” A revelation as thrilling as a well-timed jest at a solemn gathering. 😏
A recent filing with the Securities and Exchange Commission, that venerable arbiter of all that is public and proper, confirms the rather theatrical curtain fall on Roubaix’s engagement with TriMas. The firm, once a modestholder, sold some 212,822 shares-an act that could be mistaken for a firm’s attempt to exit stage left-estimates place the final tally at a rather neat $6.09 million, derived from average quarterly prices. As of this moment, the portfolio stands as barren as a saint’s cell, with TriMas vanishing entirely from their holdings. One might conclude that in a dance of the stock market, Roubaix has gracefully bowed out just as the orchestra hit the crescendo.
The quarterly report, submitted to the SEC, clearly states that Roubaix Capital had liquidated its entire stake in Chart Industries during the third quarter. The once-substantial holding of 42,136 shares was sold off, reducing the fund’s reported U.S. equity portfolio by $6.9 million. A full liquidation, no less, of what had previously accounted for 3.3% of the fund’s assets.
The enigmatic Roubaix Capital, LLC, in a move as sudden as a thunderclap, liquidated its entire holding in Magnite (MGNI 3.92%), casting 260,735 shares into the void during Q3 2025, per a cryptic scroll filed with the Securities and Exchange Commission on November 12, 2025. The sum? A modest $6,288,928, though the true value lies in the silence that followed. By quarter’s end, no shares of Magnite lingered in the fund’s vaults, as though the company had been swallowed by a black hole of doubt.