01ACTIVE
OPERATING BUSINESSES
Companies
Software, consumer, and infrastructure businesses the firm owns and runs. Built in-house or acquired early. We hold them.
QAXUS owns and invests — operating businesses, real estate, public and private securities, and digital assets.
Private investment company. Founded 2001. QAXUS Intelligence— the firm's research arm — publishes briefings on market days.
Software, consumer, and infrastructure businesses the firm owns and runs. Built in-house or acquired early. We hold them.
Buildings and land the firm owns directly. Income-producing where it is. Patient where it isn't.
Equities and credit in public and private companies. Taken seriously, sized with conviction, reviewed often.
Bitcoin and select protocols, self-custodied. Not a trading book.
Loans the firm makes from its own book. No outside capital.
Tech bid pays for the front-end shock — QQQ +2.4% absorbs a 15bp 2y spike, but MSTR breaks down and rates aren't confirming
Tech carried the tape into the long weekend: QQQ ripped +2.38% to $739.69 and NVDA +2.73% to $210.23 cleared the round number on heavy 133M-share volume, while SPY tacked on +0.76% to $746.59. The wedge is in the cross-asset: VIX popped two points to 18.44 and the 2-year yield spiked 15bp to 4.20% on hawkish Fed signaling — rates and vol are not confirming the equity euphoria. Watch SPY $743.85 as the line that flips the lean bearish, and whether VIX clears 20 with the 2y above 4.25% on Monday's reopen.
| Symbol | MARKETS | — |
| Session | PM | — |
| Published | 2026-06-18 | — |
Operating businesses, real estate, securities, digital assets. Held long. Sold rarely. The firm is here to own, not to trade for its own sake.
Everything is the firm's own capital. No outside investors. No LP structure. Decisions don't need to be explained to anyone who wasn't at the table when they were made.
QAXUS Intelligence reads the primary data — on-chain, institutional flows, macro prints — and writes it down on market days. The briefings are how the firm thinks out loud.
We don't publish our holdings, our account structure, or our positions. What we publish is our reading of the market. The rest is ours.
QAXUS does not take outside capital, so we don't solicit. If you have a business or property worth looking at, or want to hear when QAXUS Intelligence opens a formal subscription, the form is the fastest route. We reply within two business days.