Situational Awareness LP Reports 67% Loss, Focuses on Semiconductor and AI Stocks

Situational Awareness LP saw its fund value decrease by 67% over the month of July. According to the 13F filing as of March 31, the fund invested $2,042,768,860 in VanEck Semiconductor ETF put options, $1,568,257,120 in NVIDIA put options, and $1,072,873,230 in Oracle put options. Broadcom put options totaled $1,006,497,961, while AMD put options amounted to $969,168,63. The public equity positions numbered 26, with a valuation of $3.9 billion. The top five holdings accounted for 76% of the portfolio, while the top ten made up 94%. The fund incurred losses due to a sharp decline in AI stocks and reportedly transferred most of its public equity portfolio to Citadel. Aschenbrenner indicated that the losses are approaching permanent capital impairment. This incident is related to the sale of stock portfolios by AI hedge funds and has also been linked to mining stocks. Future 13F filings and changes in private assets, cash, and short positions will be necessary.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.