According to a document filed with the SEC – that austere parchment where fortunes are etched in legalese – the fund’s stake in JFrog swelled like a toad under a full moon. The position, now valued at $40.89 million, constitutes 6.58% of their 13F assets. One might imagine the fund managers as Faustian scholars, poring over spreadsheets by candlelight, seeking the philosopher’s stone that turns lines of code into gold.
Yet, amid this gloom, whispers of a plot twist linger. On-chain signals, those cryptic poets of blockchain, hint at a potential encore. History, that unreliable narrator, may yet conspire to resurrect the upward spiral-provided Ethereum dares to retest its sacred $2,798 altar.
It’s worth noting that Davis-ever the discerning artist of asset allocation-has pushed their FAF stake to about 2.52% of their reported U.S. equity empire. Outer circles, outside their top five holdings, but a sizeable enough gesture to suggest they are considering a serious encore. Their premier holdings-Meta, Google, Walmart-these are household names, their capital positions as starched as their collars.
Once, he cautioned that exceeding 200%-a valuation where equities, like overripe fruit, outweigh the GDP’s modest harvest-was akin to juggling lit fuses. Today, the indicator flares at 225%, a pyrotechnic display of collective delirium. The sirens of reason, one imagines, are now in full chorus, their wails echoing through the marble halls of Wall Street.
A November 13 filing reveals Elwood Capital Partners LP increased its Wix.com position to 40,033 shares, valued at $7.11 million as of September 30. The purchase occurred against a backdrop of shareholder anxiety: Wix’s stock has fallen 53% over 12 months, lagging the S&P 500’s 15% gain.
Tomorrow will likely be boring and choppy because big institutions are forcing the price to stay still to maximize their profits on expiring contracts. 🧠💰 Like a farmer holding a horse still to sell its foal later.
Liquidation data says it all: $67.42 million in long liquidations vs. $64.53 million in short ones. The market’s RSI is chilling in neutral territory, like it’s watching Netflix and refusing to pick a side. “Balance,” they call it. I call it indecisiveness.
By the light of the SEC’s quiet disclosure, we glimpse a scene near the close of the summer’s harvest-an institution revising its stance, increasing its stake in Standex from modest beginnings to almost a hundred thousand shares. As of September’s end, the value perched at over twenty million dollars-more than a simple wager, a testament to faith that the roots run deeper than surface currents suggest. It is akin to a landowner planting new trees on familiar ground, confident that beneath the surface, something enduring stirs.
These forks, my dear reader, are not mere technical trifles but the stuff of legend, designed to hoist the ETH token aloft on the winds of speculation. Faster transactions, you say? Stronger privacy? Ah, the sweet nothings whispered to a network yearning for its close-up. 📈
Mega whales have swooped in like Santa’s sleigh, but the rest of the market’s still hummin’ “Bah, Humbug!” instead of carols. 🎶🤷♂️
