Key Points New York City-based Alta Fundamental Advisers sold 459,937 shares of Calumet in the third quarter. The net position change from the previous period was $7.25 million. The move marked a full exit from Calumet, with Alta reporting no shares held as of September 30. These 10 stocks could mint the next wave of millionaires › New York City-based Alta Fundamental Advisers fully exited its position in Calumet (NASDAQ:CLMT) in the third quarter, reducing its holdings by 459,937 shares in a $7 ...

It’s the end of 2025, and other than the holidays and new year celebrations, the end of December is also the time for last minute tax moves and portfolio rotation ahead of the coming year. I continueWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. He ...

Core Insights - XRP exchange-traded funds (ETFs) have achieved 30 consecutive days of net inflows, marking the longest uninterrupted inflow streak among major crypto ETFs [1][4]. - This trend occurs amidst a broader market where Bitcoin and Ethereum products are experiencing outflows, highlighting XRP ETFs' unique position [2][5]. Inflows and Assets - Since the launch of the first U.S.-listed spot XRP ETF on November 13, 2025, it has not recorded any net outflows, accumulating approximately $975 million to $990 million in net inflows, resulting in total assets under management reaching around $1.18 billion [3][4]. - XRP ETFs are the only major crypto ETF category to maintain uninterrupted daily inflows during a period when Bitcoin ETFs faced weekly outflows exceeding $150 million [5]. Market Sentiment - Despite significant institutional demand for XRP ETFs, these inflows have not yet led to a sustained increase in XRP's spot price, indicating a potential long-term investment strategy rather than short-term speculation [6]. Regulatory Environment - The resolution of Ripple's legal battle with the U.S. SEC, which classified XRP as a non-security in secondary market trading, has been pivotal in facilitating institutional participation and paving the way for spot ETF approvals [8]. - The launch of XRP ETFs coincided with a market environment where investors were retreating from higher-risk assets, allowing XRP to benefit from a portfolio rotation towards assets with clearer regulatory clarity and distinct use cases [9].

Group 1 - The article emphasizes the need for portfolio rotation from expensive large-cap growth stocks to individual small- and mid-cap stocks that have less correlation to the broader market as 2025 approaches [1] - The author, Gary Alexander, has extensive experience in covering technology companies and has been involved with seed-round startups, providing insights into current industry themes [1] Group 2 - Gary Alexander has been a contributor to Seeking Alpha since 2017 and has been quoted in various web publications, indicating his influence and recognition in the investment community [1]

Core Insights - Senvest Management has fully exited its position in Bank OZK, selling nearly 1.6 million shares valued at approximately $74.4 million during the third quarter, which previously represented 2.5% of its reportable assets [2][6]. Company Overview - Bank OZK is a regional financial institution with a strong presence in retail and commercial banking, offering a diversified portfolio of lending and deposit products [5]. - The bank reported a revenue of $1.7 billion and a net income of $721.7 million for the trailing twelve months (TTM), with a dividend yield of 4% [4]. Financial Performance - In the third quarter, Bank OZK achieved a record net income of $180.5 million, reflecting a year-over-year increase of 1.9%, and reported a record diluted EPS of $1.59, supported by strong net interest income and stable asset quality [6][10]. - Despite the bank's solid financial performance, its stock price has remained flat at $47.10, underperforming the S&P 500, which gained approximately 13% over the same period [3][10]. Market Position - Bank OZK continues to grow its capital ratios and has expanded to over 260 offices across nine states, providing it with scale advantages that are uncommon in regional banking [9]. - The bank's operational trajectory remains strong, but its stock performance highlights the challenges of owning banks in a rate-sensitive environment [10].

Core Insights - The focus is on portfolio rotation to mitigate potential downside risks as 2025 approaches, emphasizing a shift from recent tech winners to lagging sectors [1] Group 1: Analyst Background - Gary Alexander has extensive experience in covering technology companies on Wall Street and has worked in Silicon Valley, providing insights into current industry themes [1] - He has been a contributor to Seeking Alpha since 2017 and has been quoted in various web publications, indicating a strong presence in financial analysis [1] Group 2: Investment Strategy - The core strategy involves reallocating investments from high-performing technology stocks to sectors that have underperformed, suggesting a cautious approach to market volatility [1]

Group 1 - The focus is on portfolio rotation to mitigate potential downside risks as 2025 approaches, with a strategy to shift from recent tech winners to lagging sectors [1] - Gary Alexander has extensive experience in technology, having worked on Wall Street and in Silicon Valley, and advises seed-round startups, indicating a strong understanding of current industry trends [1] Group 2 - The article emphasizes the importance of adapting investment strategies in response to market conditions, particularly in the technology sector [1]

Core Insights - Findell Capital Management has completely exited its position in Valaris Limited, selling 300,000 shares for an estimated $12.6 million, as disclosed in a quarterly Form 13-F filing [2][6][8] Company Overview - Valaris Limited is a leading provider of offshore drilling services with a market capitalization of $4 billion and revenue of $2.4 billion over the trailing twelve months (TTM) [4][5] - The company reported a net income of $399 million (TTM) and generated $596 million in revenue for the latest quarter, reflecting strong operational performance [4][7][8] Stock Performance - As of the latest market close, Valaris shares were priced at $55.94, representing a 22% increase over the past year, significantly outperforming the S&P 500's 13% gain during the same period [3][8] - The stock has increased approximately 90% since its lows in April [8] Operational Highlights - Valaris has demonstrated operational efficiency, with a reported adjusted EBITDA of $163 million and a net income of $187 million for the latest quarter, up from $114 million in the previous quarter [7][8] - The company has secured contracts for all four of its active drillships with near-term availability, indicating strong demand in the offshore drilling market [8] Investment Strategy - The exit by Findell Capital suggests a strategic shift towards small- and mid-cap growth opportunities, moving away from asset-heavy businesses like offshore drilling [6][8]

Group 1 - The stock market is experiencing volatility at all-time highs, suggesting a need for portfolio rotation strategies ahead of 2026 [1] - A recommendation is made to shift portfolios into reasonably priced technology companies, reflecting the analyst's extensive experience in the sector [1] Group 2 - The analyst, Gary Alexander, has a background in covering technology companies on Wall Street and has worked in Silicon Valley, providing insights into current industry trends [1] - Alexander has been a contributor to Seeking Alpha since 2017 and has been featured in various web publications, indicating a strong presence in the investment community [1]

Core Insights - The S&P 500 is at all-time highs, primarily driven by large-cap, momentum-driven tech stocks, suggesting a potential shift in investment strategy towards small- and mid-cap value stocks [1] Group 1: Market Trends - The current market environment indicates a strong performance of large-cap tech stocks, which may not be sustainable in the long term [1] - A recommendation is made for investors to rotate their portfolios from large-cap tech to more value-oriented small- and mid-cap stocks [1] Group 2: Analyst Background - The analyst, Gary Alexander, has extensive experience in covering technology companies and has worked in both Wall Street and Silicon Valley [1] - He has been a contributor to Seeking Alpha since 2017 and has been featured in various web publications, indicating a strong presence in the investment community [1]