AI hedge fund Situational Awareness may have sold its public portfolio, but it still has its Anthropic shares
What's happening
Situational Awareness, the AI-focused hedge fund run by a former OpenAI researcher, appears to have sold off most or all of its public equity portfolio after large losses, with reports saying Citadel bought most of the fund's stock holdings. The fund reportedly fell 67% in July amid an AI share rout, forcing leveraged public bets to be unwound. Despite the public selloff, Situational Awareness reportedly still holds shares in Anthropic, suggesting the team kept some private or strategic positions.
Why it's trending
Sharp AI-stock volatility and a concentrated loss pushed a levered AI fund to liquidate public positions, drawing attention to who picked up those assets and what remained.
SignalNewly emerging, confirmed across 2 independent source types.
Story volume
Stories per dayAngles you could write
Everyone is saying Citadel bought the carcass of an AI fund, but the real story is that Situational Awareness kept Anthropic, meaning the founder still believes private AI stakes beat public ones.
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Original sources4
- Situational Awareness Down 67% in July in AI Stock RoutHackerNewsJul 31
- AI hedge fund Situational Awareness may have sold its public portfolio, but it still has its Anthropic shares
The former OpenAI researcher’s fund was forced to unwind public equities after leveraged public bets plummeted. But he still has cards to play.
TechCrunch AIJul 30 - Citadel buys most of Situational's stock holdings after AI share routHackerNewsJul 30
- Citadel Buys Situational Awareness's Stock Portfolio After Big Losses in AIHackerNewsJul 30
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