AI hedge fund Situational Awareness may have sold its public portfolio, but it still has its Anthropic shares

Leopold Aschenbrenner’s Situational Awareness hedge fund sold most of its public AI-infrastructure stock portfolio to Citadel after steep losses.

The fund’s assets reportedly fell from about $20 billion to $10 billion as leverage magnified the selloff in AI-related shares.

Public holdings included names like SK Hynix, Sandisk, Bloom Energy, and Nebius Group, while private bets were left untouched.

A roughly $5 billion stake in Anthropic remains the fund’s biggest potential source of upside.