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The fund itself, DFGP, is a mosaic of debt – a global gathering of promises, some sturdy and well-rated, others carrying the faintest tremor of risk. It represents a deliberate reaching outward, a desire to gather yield from the far corners of the financial world. As of December 31st, 2025, this accumulation accounts for 2.57% of DiNuzzo’s $919.22 million in managed assets – a significant, yet contained, portion of the whole. Consider the larger picture: DFCF at $103.99 million, DFSD at $97.99 million, DFUS at $87.34 million… these are the established trees in the portfolio’s forest, while DFGP remains a sapling, nurtured with cautious optimism.

And everyone’s acting like this is some stroke of genius. Like Nvidia suddenly discovered the wheel. They already make the chips. These hyperscalers – that’s what they call them, “hyperscalers” – they’re still buying chips from Nvidia. CoreWeave is just… a middleman. A very expensive middleman. It’s like ordering a coffee through an assistant. You still pay for the coffee, plus the assistant’s time. What’s the point?

SEC filings indicate that Rockingstone Advisors initiated a stake in Tower Semiconductor with the aforementioned share purchase. The reported valuation reflects both the newly acquired shares and attendant price fluctuations. The fund’s investment, representing 2.41% of its $219.49 million in reportable assets under management (AUM) as of December 31, warrants examination.

Vertex, you see, has decided to dabble in the noble art of addressing ‘unmet needs’. How terribly philanthropic. They’ve rather cornered the market in cystic fibrosis – a ghastly business, naturally – for the better part of a decade. But diversification is the name of the game, and they’ve had a modicum of success. This year, they’re hoping for something rather more substantial. Zimislecel, inaxaplin, and povetacicept are the names to remember. Zimislecel, a potential remedy for type 1 diabetes, is causing a stir. Apparently, it might restore insulin production, or at least reduce the reliance on injections. One assumes the patients will be delighted.

The filing with the Securities and Exchange Commission, dated the aforementioned January day, revealed the totality of the divestment. The position in the Invesco KBW Bank ETF, once representing 1.4% of the fund’s reportable assets under management – a not insignificant fraction of entrusted capital – was reduced to nothingness. The transaction, stripped of rhetoric, was a subtraction, a diminishing of exposure. The weight of those bank equities, once borne, was now lifted, dispersed into the faceless exchange.

Meta, at its heart, is about connection. Facebook, Instagram, WhatsApp, Threads – these aren’t just applications; they are the new town squares, the digital hearths around which a good portion of the world gathers. Over three and a half billion souls touch these platforms daily. That’s a weight of connection few companies can claim, and it translates, naturally, into the attention of those who seek to sell their wares. It’s not simply the number of eyes, though that is considerable. It’s the kind of attention. Meta doesn’t just know that a man is interested in fishing; it knows the kind of lure he prefers, the waters he frequents, the stories he shares.

But even ghosts, it seems, can stir. A recent agreement with a pharmaceutical behemoth has gifted Novavax shares a temporary reprieve, a fleeting dance with life. Twenty-eight percent upward in 2026—a statistically insignificant blip in the grand scheme, yet enough to raise a cynical eyebrow. Is it a genuine resurrection, or merely a twitch in the dying embers? Let us dissect this curious case, with a surgeon’s precision and, if you will, a devil’s understanding of human folly.

They call it “strategic realignment,” a fancy way of saying they decided to lessen their dependence on a single customer. A sensible notion, perhaps, if you’ve got a river of other customers lined up to fill the void. But I’ve observed, in my years of watchin’ markets, that severing a profitable tie simply because it might become a burden is akin to throwin’ away a good hat to avoid a possible rainstorm. It’s a gamble, plain and simple.

Vanguard, that most peculiar of financial institutions, has, through a series of quiet maneuvers and an almost unsettling commitment to low fees, managed to assemble a rather impressive hoard. Not through brilliance, mind you – brilliance is far too flashy – but through a sort of… systemic inertia. It is as if the very foundations of the market are subtly shifting to benefit this peculiar entity. And so, we examine three of their offerings – not as beacons of hope, but as curious specimens in the grand menagerie of capital.