Situational Awareness LP

Managed by Leopold Aschenbrenner. $13.68B disclosed long-equity portfolio across 42 positions.

#StockValue% of Portfolio
1VANECK ETF TRUST$2.04B14.94%
2NVIDIA CORPORATION$1.57B11.47%
3ORACLE CORP$1.07B7.84%
4BROADCOM INC$1.01B7.36%
5ADVANCED MICRO DEVICES INC$969.2M7.09%
6BLOOM ENERGY CORP$878.7M6.42%
7SANDISK CORP$724.4M5.30%
8MICRON TECHNOLOGY INC$583.7M4.27%
9COREWEAVE INC$556.1M4.07%
10TAIWAN SEMICONDUCTOR MANUFAC$535.1M3.91%
11ASML HLDG NV N Y REGISTRY$494.1M3.61%
12MICRON TECHNOLOGY INC$422.3M3.09%
13IREN LIMITED$401.0M2.93%
14CORE SCIENTIFIC INC NEW$389.1M2.84%
15SANDISK CORP$388.8M2.84%
16TAIWAN SEMICONDUCTOR MANUFAC$354.8M2.59%
17APPLIED DIGITAL CORP$320.0M2.34%
18INTEL CORP$159.1M1.16%
19RIOT PLATFORMS INC$142.2M1.04%
20COREWEAVE INC$140.6M1.03%
21CLEANSPARK INC$104.5M0.76%
22SOLARIS ENERGY INFRAS INC$62.5M0.46%
23BLOOM ENERGY CORP$55.3M0.40%
24T1 ENERGY INC$43.9M0.32%
25BITFARMS LTD$38.8M0.28%

For full quarterly history, transactions, and the investor profile, see Leopold Aschenbrenner's page →

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Situational Awareness LP — overview

Leopold Aschenbrenner runs Situational Awareness LP. Former OpenAI researcher who built a hedge fund around one idea: AGI is arriving by 2027 and markets haven't priced it in. Bets on the infrastructure of AI — power, compute, silicon — not the models themselves. Grew to $5.5B in disclosed long equity exposure in under 18 months. As of the Q1 2026 13F filing, the disclosed long-equity portfolio is valued at $13.7B across 42 positions. The largest holdings are VANECK ETF TRUST, NVIDIA CORPORATION, and ORACLE CORP (VANECK ETF TRUST alone is 14.9% of the book).

Key takeaways

  • Disclosed Q1 2026 portfolio: $13.7B.
  • Top holdings: VANECK ETF TRUST, NVIDIA CORPORATION, and ORACLE CORP.