Situational Awareness LP

Leopold Aschenbrenner

Bought SMH, sold out of Intel. Portfolio up 148% to $13.7B.

$13.7B portfolio42 holdingstop 10 = 73%filed 2026-05-18

1SMH putsVanEck Etf Trust14.94%
$2.0B - 5.3M sharesNEW
2NVDA putsNvidia Corporation11.47%
$1.6B - 9.0M sharesNEW
3ORCL putsOracle Corp7.84%
$1.1B - 7.3M sharesNEW
4AVGO putsBroadcom Inc7.36%
$1.0B - 3.3M sharesNEW
5AMD putsAdvanced Micro Devices Inc7.09%
$969.2M - 4.8M sharesNEW
6BEBloom Energy Corp6.42%
$878.7M - 6.5M shares-3.6M
7SNDKSandisk Corp5.30%
$724.4M - 1.1M shares+86K
8MU putsMicron Technology Inc4.27%
$583.7M - 1.7M sharesNEW
9CRWVCoreweave Inc4.07%
$556.1M - 7.2M shares+1.1M
10TSM putsTaiwan Semiconductor Manuf3.91%
$535.1M - 1.6M sharesNEW
11Asml HLDG NV N Y Registry puts3.61%
$494.1M - 374K sharesNEW
12MU callsMicron Technology Inc3.09%
$422.3M - 1.3M sharesNEW
13Iren Limited2.93%
$401.0M - 11.7M shares+3.0M
14CORZCore Scientific Inc New2.84%
$389.1M - 26.0M shares-2.7M
15SNDK callsSandisk Corp2.84%
$388.8M - 612K sharesNEW
16TSM callsTaiwan Semiconductor Manuf2.59%
$354.8M - 1.1M sharesNEW
17APLDApplied Digital Corp2.34%
$320.0M - 13.5M shares+2.1M
18INTC putsIntel Corp1.16%
$159.1M - 3.6M sharesNEW
19RIOTRiot Platforms Inc1.04%
$142.2M - 11.5M shares+5.3M
20CRWV callsCoreweave Inc1.03%
$140.6M - 1.8M shares-9.0M
21CLSKCleanspark Inc0.76%
$104.5M - 12.3M shares+10.6M
22SEISolaris Energy Infras Inc0.46%
$62.5M - 1.1M shares-761K
23BE callsBloom Energy Corp0.40%
$55.3M - 409K shares-
24TET1 Energy Inc0.32%
$43.9M - 10.0M sharesNEW
25Bitfarms LTD0.28%
$38.8M - 19.9M shares+13.0M
26Bitdeer Technologies Group0.22%
$29.8M - 3.4M shares+1.7M
27PSIXPower Solutions Intl Inc0.19%
$26.3M - 432K shares-
28GLW putsCorning Inc0.15%
$21.0M - 155K sharesNEW
29Whitefiber Inc0.15%
$20.9M - 1.8M shares-
30AMDAdvanced Micro Devices Inc0.15%
$20.2M - 99K sharesNEW
31BWBabcock & Wilcox Enterpris0.15%
$19.9M - 1.4M shares-
32SHAZSharonai Holdings Inc0.13%
$18.1M - 796K sharesNEW
33PUMPPropetro HLDG Corp0.10%
$13.1M - 910K shares-
34SMHVanEck Etf Trust0.08%
$10.3M - 27K sharesNEW
35INTCIntel Corp0.07%
$8.9M - 202K shares+202K
36TSMTaiwan Semiconductor Manuf0.06%
$7.6M - 22K sharesNEW
37INFY putsInfosys LTD0.05%
$6.8M - 500K shares-
38HIVEHive Digital Technologies 0.05%
$6.4M - 3.4M sharesNEW
39Asml HLDG NV N Y Registry0.04%
$6.1M - 5K sharesNEW
40MUMicron Technology Inc0.04%
$5.9M - 17K sharesNEW
41GLWCorning Inc<0.01%
$718K - 5K sharesNEW
42NVDANvidia Corporation<0.01%
$498K - 3K sharesNEW

#	Stock
1	SMH putsVanEck Etf Trust	14.94%	$2.0B	5.3M	NEW
2	NVDA putsNvidia Corporation	11.47%	$1.6B	9.0M	NEW
3	ORCL putsOracle Corp	7.84%	$1.1B	7.3M	NEW
4	AVGO putsBroadcom Inc	7.36%	$1.0B	3.3M	NEW
5	AMD putsAdvanced Micro Devices Inc	7.09%	$969.2M	4.8M	NEW
6	BEBloom Energy Corp	6.42%	$878.7M	6.5M	-3.6M
7	SNDKSandisk Corp	5.30%	$724.4M	1.1M	+86K
8	MU putsMicron Technology Inc	4.27%	$583.7M	1.7M	NEW
9	CRWVCoreweave Inc	4.07%	$556.1M	7.2M	+1.1M
10	TSM putsTaiwan Semiconductor Manuf	3.91%	$535.1M	1.6M	NEW
11	Asml HLDG NV N Y Registry puts	3.61%	$494.1M	374K	NEW
12	MU callsMicron Technology Inc	3.09%	$422.3M	1.3M	NEW
13	Iren Limited	2.93%	$401.0M	11.7M	+3.0M
14	CORZCore Scientific Inc New	2.84%	$389.1M	26.0M	-2.7M
15	SNDK callsSandisk Corp	2.84%	$388.8M	612K	NEW
16	TSM callsTaiwan Semiconductor Manuf	2.59%	$354.8M	1.1M	NEW
17	APLDApplied Digital Corp	2.34%	$320.0M	13.5M	+2.1M
18	INTC putsIntel Corp	1.16%	$159.1M	3.6M	NEW
19	RIOTRiot Platforms Inc	1.04%	$142.2M	11.5M	+5.3M
20	CRWV callsCoreweave Inc	1.03%	$140.6M	1.8M	-9.0M
21	CLSKCleanspark Inc	0.76%	$104.5M	12.3M	+10.6M
22	SEISolaris Energy Infras Inc	0.46%	$62.5M	1.1M	-761K
23	BE callsBloom Energy Corp	0.40%	$55.3M	409K	-
24	TET1 Energy Inc	0.32%	$43.9M	10.0M	NEW
25	Bitfarms LTD	0.28%	$38.8M	19.9M	+13.0M
26	Bitdeer Technologies Group	0.22%	$29.8M	3.4M	+1.7M
27	PSIXPower Solutions Intl Inc	0.19%	$26.3M	432K	-
28	GLW putsCorning Inc	0.15%	$21.0M	155K	NEW
29	Whitefiber Inc	0.15%	$20.9M	1.8M	-
30	AMDAdvanced Micro Devices Inc	0.15%	$20.2M	99K	NEW
31	BWBabcock & Wilcox Enterpris	0.15%	$19.9M	1.4M	-
32	SHAZSharonai Holdings Inc	0.13%	$18.1M	796K	NEW
33	PUMPPropetro HLDG Corp	0.10%	$13.1M	910K	-
34	SMHVanEck Etf Trust	0.08%	$10.3M	27K	NEW
35	INTCIntel Corp	0.07%	$8.9M	202K	+202K
36	TSMTaiwan Semiconductor Manuf	0.06%	$7.6M	22K	NEW
37	INFY putsInfosys LTD	0.05%	$6.8M	500K	-
38	HIVEHive Digital Technologies	0.05%	$6.4M	3.4M	NEW
39	Asml HLDG NV N Y Registry	0.04%	$6.1M	5K	NEW
40	MUMicron Technology Inc	0.04%	$5.9M	17K	NEW
41	GLWCorning Inc	<0.01%	$718K	5K	NEW
42	NVDANvidia Corporation	<0.01%	$498K	3K	NEW

What a 13F does not show

Filed up to 45 days after the quarter ends, so this is Q1 2026, not today. US-listed shares and some options only. No short bets, cash, bonds, or foreign listings.