BreakingNIBBLES REITERATES Q1 GUIDANCE · SEEDS COMMITTEE CONVENED
The Nibbles Fund

Est. 2024 · Shoebox HQ · Fort Lee, NJ

The Nibbles
Fund.

A hamster who only trades green candles. Three years. Zero losses. Nobody knows how he does it.

Contract
Live
BULL FLAGBREAKOUT CONFIRMED
Mr. Nibbles, the hedge-fund hamster, pointing at a whiteboard.
Gains+847.3%

Fig. 1 — The Founder at Work. Photographed by Deborah.

Exhibit A · File Footage

The Nibbles of Wall Street.

Sixty seconds of the Founder at work. Filed under privileged. Released anyway.

RecREEL 06
Subject: M. NibblesCleared by Deborah

Fig. 06 — The Founder, on film. Sound recommended.

Live Market Data

Current Positions

Source: The Fund · Verified: Never · As of

AssetPositionCost BasisCurrentYTDTrendAnalyst Note
SOL8,420.15$127.00$162.40+27.5%Accumulating.
BTC0.47$62,100$71,400+15.0%Observing.
$NIBBLESWe are the market.
RAT_COIN0-42.0%A rat runs it. We have been warned.
CASH (USDC)$92,400Patient.
SUNFLOWER SEEDS12kg physicalHedge.

Positions and notes are indicative. Mr. Nibbles does not comment on his own positioning. Deborah declines to elaborate.

Fund Leadership

The Principals

Three principals. One of them is aware.

Portrait of Mr. Nibbles

Mr. Nibbles

Founder · Chief Investment Officer

Education:
Self-taught. Bloomberg terminal, 2021–2023.
Previously:
Independent analyst. Fort Lee, NJ.
Clearances:
None required.

Mr. Nibbles founded The Nibbles Fund in January 2024, following three years of independent research. He holds advanced expertise in technical analysis, macro positioning, and the patient observation of seeds. He has never broken character. He will not be starting now. Communicates via whiteboard.

Contact: Not Currently Available

Portrait of Deborah

Deborah

Investor Relations · Compliance

Education:
The Saxon Academy. Comparative Procedure, 2014.
Previously:
Head of IR, competing fund (wound down, orderly).
Clearances:
Notarized.

Deborah joined The Fund in March 2024. She previously served in investor relations at a competing fund of significantly lesser success. She wears pearls. She does not repeat herself. Inquiries may be directed to her, and then reconsidered.

Contact: Not Currently Available

Portrait of Craig

Craig

Chief Executive Officer

Education:
Various online courses. Incomplete.
Previously:
Day trading, 2018–2021. Unsuccessful.
Clearances:
None required.

Craig provides strategic oversight. Craig is learning. Craig is not authorized to comment. Questions should not be addressed to Craig.

Contact: Not Currently Available

Advisory Board

Six Advisors. One Returns Calls.

The sixth is Deborah.

Investment Philosophy

The Seven Seeds

Seven rules. Authored by Mr. Nibbles. Observed by Deborah. Published without amendment.

Seven Seeds whiteboard
Seed I

"The wheel spins for reasons."

Size positions to match your conviction.

Seed II

"A seed is not a nut."

Accumulate what grows. Ignore what cracks.

Seed III

"The cage is not the market."

Structure limits you. The market does not.

Seed IV

"Liquidity is an opinion."

Volume is the only thing that is actually there.

Seed V

"Patience compounds."

So does impatience. Pick one.

Seed VI

"Avoid the rat."

A rat runs the competing fund. We have been warned.

Seed VII

"The seed you do not plant will not grow."

Conviction without action is vocabulary. Act, or do not.

The Nibbles Fund

A Letter from the Founder

Q1 · 2026

To the Fund Participants,

Q1 proceeded. Volatility was offered. We declined. Positions matured. One did not. We observed it.

We do not manage risk. We manage the response to risk. The hamster that flees every shadow eats no seeds. The one that ignores every shadow eats briefly. The Fund is the third hamster.

Craig still believes he is Chief Executive. We have not disabused him. The matter is tabled.

The Fund continues. So does the hamster.

M. Nibbles

Mr. Nibbles · Chief Investment Officer

The Numbers

Line goes up. Always.

Nibbles vs. everything else. Three years of candles, all green. No red ones. Not even by accident.

Jan 2023 — Apr 2026 · Cumulative, indexed to 100

20050080011002023202420252026NIBBLES FUNDS&P 500

Total Gains

%

Three years. No fees. No excuses.

Win Rate

%

Every trade. Every time.

Red Candles

Mr. Nibbles does not ship red candles.

What-if Calculator

The Regret Machine

$122,400

You did not invest. The calculation proceeds without your participation.

Live Market · $NIBBLES

Awaiting fair launch

Market Opens Shortly.

The Fund will be available on pump.fun at the announced hour. Deborah is finalizing the paperwork. Mr. Nibbles is already at his desk.

Filings Archive

The Filings Room

Public filings of The Nibbles Fund, as submitted to regulatory authorities who have not responded. Documents are informational. Comprehensive. Redacted in places.

Swipe →

FilingTypeDatePagesStatusAction
Form ADV Part 2Brochure2026-01-1547Filed
Form 13GBeneficial Ownership2026-01-023Filed
Form 13F-HRHoldings Report2025-12-3114Filed
Form 8-KMaterial Hamster Event2025-11-031Filed
Form DSubscription Notice2025-10-016Filed
DDQ ResponseDue Diligence Questionnaire22Withdrawn Sealed
Incident ReportInternal Memorandum[CLASSIFIED]Classified Sealed

Regulatory filings are updated as they are filed. Updates may lag filing by several quarters, or indefinitely.

Fund Terms & Tear Sheet

Tear Sheet · Q1 2026

Fund Terms

Management Fee
2% per annum
Performance Fee
20% above high-water mark
Lockup
90 days
Redemption
Quarterly, 45-day notice
Minimum Subscription
$25 (retail)
Institutional Minimum
$100,000 (currently unavailable)
High-Water Mark
Yes
Gate
At Manager's discretion

Service Providers

Administrator
TBD
Custodian
Phantom Wallet
Prime Broker
Jupiter
Auditor
None currently
Legal Counsel
Non-responsive
Tax Advisor
Deborah

Monthly Exposures

Long Positions
$184,200
Short Positions
$0
Net Exposure
$184,200
Gross Exposure
$184,200
Leverage
1.00x

Personalized Tear Sheet

Request a personalized copy of this tear sheet delivered by Deborah. She will charge no fee for the service.

Fund History

A Concise Chronology

From shoebox to subscription, measured in quarters. Each entry has been verified by Deborah and reluctantly corroborated by Craig.

  1. Cost Basis

    $14.99

    Aug 2021 · PetSmart · Fort Lee, NJ

    The Purchase

    Mr. Nibbles acquired for $14.99. No orientation was provided. He did not require one.

  2. First Profit

    +$847

    Nov 2022 · The Ledger

    First Trade Executed

    A profit of $847 was booked on a single SOL position. Craig, still day-trading at the time, did not notice.

  3. Stash

    $100K

    Q3 2023 · Six Figures

    Portfolio Crosses $100K

    Mr. Nibbles orders a new whiteboard. Deborah approves the requisition without comment.

  4. Founded

    Jan 2024

    Jan 2024 · The Fund

    The Nibbles Fund Established

    Deborah joins as Head of IR, Compliance, and Everything Else. Craig is retained in an advisory non-capacity.

  5. YTD

    +412%

    Q2 2024 · Outperformance

    Fourth Consecutive Quarter Beating S&P

    Performance attributed to Seeds II, III, and V. Ratification of methodology pending internal review.

  6. Launch

    $NIBBLES

    Q1 2026 · Retail Open

    Public Subscription Accepted

    $NIBBLES launches on pump.fun. Mr. Nibbles remains at his desk. Deborah remains unreachable by phone.

Present Day

The Fund Continues. So Does the Hamster.

Compliance Office

Frequently Asked Questions

Already answered by Deborah.

The Fund is real. The hedge is figurative. Mr. Nibbles is material.

These have already been answered.

— Deborah

The Archives

Mr. Nibbles, photographed in the wild.

Deborah has been collecting these for the investor relations file. She says they are not for public release. They are now for public release.

The Nibbles Fund — Outperforming the S&P since 2023.