An SEC filing of the 23rd of January last revealed the complete withdrawal of Taylor Frigon’s investment in Cogent Communications. A decisive act, certainly, and one which suggests a considered judgment regarding the future prospects of the company, or, perhaps more accurately, its suitability within the fund’s existing framework.
VBIL is designed to provide investors with exposure to short-term U.S. Treasury bills, specifically those with maturities of three months or less. This strategy prioritizes liquidity and capital preservation. The fund employs a sampling methodology to replicate the risk and return profile of its underlying index.
The SEC filing, dated January 30th, confirms the complete disposal of Shaker’s stake in Wintrust. A tidy sum vanished, naturally, though one assumes the fund has other irons in the fire. The reduction in assets under management came to 1.44%, which, while not precisely ruinous, is enough to warrant a raised eyebrow and a murmured enquiry as to the reasoning.
The cloud hyperscalers, those vast digital estates where data is hoarded and algorithms reign supreme, are engaged in a relentless expansion. They are building, always building. And Broadcom, it seems, is the unassuming architect of much of this frenzy. Not the flashy designer, mind you, but the fellow ensuring the foundations don’t crumble beneath the weight of all those blinking lights and humming servers. A most practical role, and yet… strangely compelling.
Thus far in the year 2026, the company has experienced a considerable rally, exceeding by a most significant margin the modest gains observed in the broader market. One cannot but wonder if this renewed favour is founded upon genuine improvement, or merely a temporary indulgence of the investing public, ever prone to chase the latest novelty. The question, as always, is whether this ascent can be sustained, or if the stock has already reached a point where further gains are unlikely.
The filing, a document that exists primarily to justify the existence of filing cabinets (and now, digital storage), revealed that Matisse Capital now holds approximately 2.52% of FSCO’s reportable assets. This is, statistically speaking, a non-trivial amount. It’s enough to warrant a footnote, which we are, of course, providing. (Footnote: The universe is vast and mostly empty. This fact has no bearing on the investment, but it’s good to keep in mind.)
CoreWeave, you see, isn’t building toys or chocolates. Oh no. They’re building… “neoclouds.” A rather silly name, if you ask me, but apparently it means they construct enormous sheds filled with blinking lights and whirring machines – data centers, the grown-ups call them – for the purpose of… well, thinking. Artificial thinking, to be exact. They rent these thinking sheds to the big boys – Microsoft, Meta, and even Nvidia itself, which is a bit like a fox renting a chicken coop. The shares, naturally, did a little jig when Nvidia coughed up the cash.
The papers report it as a simple transaction. Affiance bought shares. But behind the numbers lies a story. A shift in strategy, perhaps? A quiet acknowledgement that the broad strokes of index funds, while safe, rarely deliver the kind of returns that truly shake the foundations. They came into this position cold, holding nothing before. A bold move, or a desperate one? Time, as always, will tell.
The quarterly report, a document of considerable weight and bureaucratic precision, detailed an increase in revenue for Azure and other cloud services—a 39% increment. Yet this increase, while numerically verifiable, fell short of the anticipated projections, a discrepancy that initiated a chain of inquiries and reassessments. It is as if the very act of measuring success reveals a fundamental inadequacy within the system itself.
Yes, dear reader, it appears that entire digital platforms are now the new villains in a saga that sounds more like a bad spy novel than actual policy-first time ever, mind you!