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AI-focused hedge fund sells entire stock portfolio to Citadel

Situational Awareness, an AI-focused hedge fund, has sold its entire stock portfolio to Citadel amid a downturn in AI stocks. Founded by former OpenAI researcher Leopold Aschenbrenner, the fund reported around $20 billion in assets under management and has sought to raise new capital following recent losses.

Companies
Situational Awareness Citadel
People
Leopold Aschenbrenner Patrick Collison John Collison Nat Friedman Daniel Gross

Our neutral summary

Situational Awareness, an AI-focused hedge fund, has sold its entire stock portfolio to Citadel amid a downturn in AI stocks. Founded by former OpenAI researcher Leopold Aschenbrenner, the fund reported around $20 billion in assets under management and has sought to raise new capital following recent losses.

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Original Headline

AI-focused hedge fund sells all of its stocks

Neutral Headline

AI-focused hedge fund sells entire stock portfolio to Citadel