Situational Awareness LP
Situational Awareness LP, managed by Leopold Aschenbrenner, reported 23 positions worth $20.16B in its 2026 Q2 13F filing: 4 new and 7 closed.
Estimated return
Since 2025 Q2 the disclosed positions returned an estimated +466.9% against +34.4% for the S&P 500. Price-only return of the fund's top 100 US longs at each quarter start, vs the S&P 500 over the same windows. Not the fund's actual return (no trades, fees, shorts, derivatives, cash).
| Quarter | Fund | S&P 500 |
|---|---|---|
| 2025 Q2 | +74.2% | +11.4% |
| 2025 Q3 | +32.7% | +7.6% |
| 2025 Q4 | -14.3% | +3.1% |
| 2026 Q1 | +36.7% | -5.8% |
| 2026 Q2 | +109.3% | +15.5% |
Top holdings, 2026 Q2
| Ticker | Company | Value | Portfolio % | Change |
|---|---|---|---|---|
| SNDK | SANDISK CORP | $5.67B | 28.10% | +118.9% |
| MU | MICRON TECHNOLOGY INC | $5.57B | 27.60% | +27712.4% |
| BE | BLOOM ENERGY CORP | $1.90B | 9.40% | -3.3% |
| TSM | TAIWAN SEMICONDUCTOR MANUFAC | $1.27B | 6.30% | +11713.9% |
| NBIS | NEBIUS GROUP N.V. | $1.23B | 6.10% | NEW |
| CRWV | COREWEAVE INC | $744.52M | 3.70% | +4.2% |
| CORZ | CORE SCIENTIFIC INC NEW | $665.56M | 3.30% | NO CHANGE |
| STM | STMICROELECTRONICS | $584.34M | 2.90% | NEW |
| APLD | APPLIED DIGITAL CORP | $469.02M | 2.30% | +14.1% |
| RIOT | RIOT PLATFORMS INC | $468.20M | 2.30% | +48.7% |
| SHAZ | SHARONAI HOLDINGS INC | $456.84M | 2.30% | +577.8% |
| IREN | IREN LIMITED | $433.25M | 2.10% | -19% |
| CLSK | CLEANSPARK INC | $178.62M | 0.89% | NO CHANGE |
| KEEL | KEEL INFRASTRUCTURE CORP | $151.83M | 0.75% | +291.7% |
| SEI | SOLARIS ENERGY INFRAS INC | $90.89M | 0.45% | +2.2% |
| WYFI | WHITEFIBER INC | $68.28M | 0.34% | NO CHANGE |
| BTDR | BITDEER TECHNOLOGIES GROUP | $54.58M | 0.27% | NO CHANGE |
| TE | T1 ENERGY INC | $46.45M | 0.23% | -51% |
| HIVE | HIVE DIGITAL TECHNOLOGIES LT | $33.25M | 0.16% | +169.3% |
| BW | BABCOCK & WILCOX ENTERPRISES | $28.59M | 0.14% | +49.7% |
| PUMP | PROPETRO HLDG CORP | $28.11M | 0.14% | +115.4% |
| VSH | VISHAY INTERTECHNOLOGY INC | $20.17M | 0.10% | NEW |
| CBRS | CEREBRAS SYSTEMS INC | $2.21M | 0.01% | NEW |
All funds · Hedge Fund Tracker
Source: SEC EDGAR 13F filings, reported as of quarter end and filed up to 45 days later. Not investment advice.