When MaxLinear Met the Market’s Exit Door

According to a SEC filing that arrived like a tax audit in the mail, Weybosset fully divested its MaxLinear stake. The math checks out: 205,893 shares at the quarter’s average price equals roughly $3.3 million. Poof. Gone. The fund’s portfolio now reads like a “before” photo in a financial magazine, minus the 1.1% chunk previously devoted to a company that’s underperformed the S&P 500 by 25 percentage points. That’s like betting on a thoroughbred and getting a carousel horse that’s lost its paint.



