Morning Edition · Saturday, August 1, 2026Published at 1:44 AM EDT · New York
Aschenbrenner's AI Hedge Fund Is Forced to Liquidate Its Public Stock Book After a 67 Percent Monthly Loss
Situational Awareness sold its entire public equity portfolio to Citadel in a single block trade after leveraged bets on chip stocks and against software firms reversed.
The AI-focused hedge fund run by Leopold Aschenbrenner, the 23-year-old former OpenAI Superalignment researcher who wrote the 2024 essay "Situational Awareness," has been forced to unwind its entire public stock portfolio after steep losses…
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