The static semi circle magnets look just off centre from the levitating disk shaped ones. If the semi circle ones have, say their north poles facing towards the axis of rotation and the disk magnets are axially polarised and have their north poles facing inwards towards each other, then the semi circle ones would repel both of them in opposite directions due to them being slightly closer together than the disk ones are, this would create an equilibrium position in the axial direction. The semi circle magnets would also repel the disks vertically, this repulsion would be countered by the weight of the axle and disk magnets at some height, these two combined create a point of equilibrium where the axle can spin. Doesn't look like anything weird happening, you can buy toys that do the same thing.