Fund · Leopold Aschenbrenner
Situational Awareness
AI-thesis fund from the 'Situational Awareness' essay author.
Copying every 13F the day after it was filed returned 51.4% a year, against 16.2% for SPY over the same 1.7 years and 7 quarters, since Feb 2025. Clone score 64 of 100: Promising, not proven.
| Manager | Leopold Aschenbrenner |
| Clone score | 64 / 100 |
| Verdict | Promising, not proven |
| Copy, a year | 51.4% |
| SPY, a year | 16.2% |
| Edge, a year | +35.2% |
| Latest quarter | Q2 2026 |
| Filed | 14 Aug 2026 |
| 13F value | $20.2B |
| Positions | 23 |
Largest holdings
| Ticker | Name | Weight | Value | Change |
|---|---|---|---|---|
| SNDK | SANDISK CORP | 28.1% | $5.7B | ADD |
| MU | MICRON TECHNOLOGY INC | 27.6% | $5.6B | ADD |
| BE | BLOOM ENERGY CORP | 9.4% | $1.9B | TRIM |
| TSM | TAIWAN SEMICONDUCTOR MANUFAC | 6.3% | $1.3B | ADD |
| NEBIUS | NEBIUS GROUP N.V. | 6.1% | $1.2B | NEW |
| CRWV | COREWEAVE INC | 3.7% | $745M | ADD |
| CORZ | CORE SCIENTIFIC INC NEW | 3.3% | $666M | HOLD |
| STM | STMICROELECTRONICS | 2.9% | $584M | NEW |
| APLD | APPLIED DIGITAL CORP | 2.3% | $469M | ADD |
| RIOT | RIOT PLATFORMS INC | 2.3% | $468M | ADD |
| SHAZ | SHARONAI HOLDINGS INC | 2.3% | $457M | ADD |
| IREN | IREN LIMITED | 2.1% | $433M | TRIM |
| CLSK | CLEANSPARK INC | 0.9% | $179M | HOLD |
| KEEL | KEEL INFRASTRUCTURE CORP | 0.8% | $152M | NEW |
| SEI | SOLARIS ENERGY INFRAS INC | 0.5% | $90.9M | ADD |