Fixed! The Beholder (like Ifrit, Elquines, Bahamut and the Cygnus spirits) now stays beside you at your own height instead of floating high above your head - only the birds (Silver Hawk, Golden Eagle, Phoenix, Frostprey) fly above you, and Octopus stays where it was placed. The Beholder's buffs: Aura of the Beholder heals you every few seconds and Hex of the Beholder now re-applies its buff on its own timer and shows the buff icon (you need points in Aura / Hex for those to happen). To check: summon the Beholder with Hex learned and watch for the Hex icon in your buff bar.