qfx

The official record, filed with the Securities and Exchange Commission, details the dispersal of these holdings during the final quarter. The fund’s overall valuation in Centrus Energy experienced a decline of $34.03 million, a sum encompassing both the sale of shares and the inexorable shifts of market valuation. One notes the peculiar dance of numbers, the way capital flows and recedes, often with a logic opaque to those outside the counting houses.

Late in the afternoon, when the grown-ups were starting to think about tea, both silver and gold decided to have a little stretch and a wiggle upwards. Silver, that mischievous metal, hopped over $2 (about 2%) to nearly $90 an ounce. Gold, being the rather portly fellow it is, lumbered upwards by over $10 to $5,208. A proper scrum for the shiny stuff, it was.

So, February 17, 2026, the SEC got a filing. Granahan, they said, “We’re thinning the herd!” 368,776 shares gone. The value? $34.19 million. Over the quarter, their stake shrank by $38.82 million. That’s not just shares changing hands, that’s a good old-fashioned price pummeling! They still have 28,004 shares left, worth about $2.50 million. That’s like having one good shoe left after a particularly messy tap-dancing routine.

The filing with the Securities and Exchange Commission, dated February 17th, reveals this modest reduction in their stake during the fourth quarter of last year. The total value of their Magnite position experienced a rather more substantial dip – $33.79 million, factoring in both the sale and the vagaries of the market. One really does wish these numbers would simply behave.

Oracle (ORCL 1.26%), a name whispered with reverence in certain circles, experienced a temporary slump, falling 1.43% to $149.40. But fear not, for the after-hours revealed a surge, triggered by revenue reports that, shall we say, exceeded expectations. A classic case of pre-emptive disappointment followed by manufactured euphoria. Meanwhile, the memory sector continued its ascent, with Micron Technology (MU +3.41%) and Applied Materials (AMAT +1.81%) leading the charge. It appears everyone is desperately trying to remember where they left their fortunes.

Both have seen their share of sun lately, fattening on the easy money. But past winnings are just dust devils in the wind. What matters now is the soil beneath their feet, and whether it can sustain them when the rains stop. Both appear promising, in the way a mirage appears to a thirsty man.

Trading volume reached 60.8 million shares, a figure which, if plotted on a logarithmic scale, would reveal a pattern not unlike the fractal branching of a coastline. The company, born in 1994, has appreciated by 505% since its initial public offering—a statistic that, while impressive, is merely one point on an infinitely extending curve. One might posit, following the apocryphal calculations of the Alexandrian scholar Ptolemy Philopator, that this growth is not linear, but rather a spiral, forever circling a point of unattainable perfection.

They call it “volatility.” Volatility. As if a little predictability is too much to ask. It’s not like I want the market to be boring, but a consistent decline is preferable to this up-and-down nonsense. It throws off my whole portfolio rebalancing strategy. And it’s not just the numbers. It’s the messaging. Everyone’s got an opinion, a “take,” a “hot take.” It’s exhausting.