Situational Awareness LP

CIK 2045724 · View on SEC EDGAR ↗

Portfolio value
$20.2B
#306 of 9,443 by 13F value · top 3.2%
Positions
26
As of
June 30, 2026

Portfolio value QoQ: +48.0% 13F does not disclose cash

Top 10 holdings weight
91.77%
Top 25 holdings weight
99.99%
Positions above 1%
12
Effective number of positions
5.7

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 48.45% Est. buys $12,559,271,177 · sells $8,216,875,961

Median holding: 2.0 quarters Tracked Q4 2024–Q2 2026 · 35.1% still held

New positions
5
Increased
11
Decreased
5
Closed
10

Put-notional exposure: 0.0% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets

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Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+279.6%
S&P 500 total return (same window)
+28.1%
Excess return
+251.5%

Annualized: +143.9% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 98.0% · Options excluded: 55.4%

Sector breakdown

Technology
86.3%
Industrials
10.1%
Energy
0.6%
Other/Unmapped
3.0%

Full portfolio 26 positions

Type Streak 8Q trend
SNDK Sandisk Corporation - Common Stock $5,673,738,513 28.03% 2,495,344 $4,949,375,308 Up ×3
MU Micron Technology, Inc. - Common Stock $5,573,819,392 27.54% 4,828,786 $5,567,953,814 Up ×1
BE Bloom Energy Corporation Class A Common Stock $1,898,778,982 9.38% 6,272,808 $1,020,071,052 Down ×2
TSM Taiwan Semiconductor Manufacturing Company Ltd. $1,265,099,645 6.25% 2,649,035 $1,257,521,792 Up ×1
NBIS Nebius Group N.V. - Class A Ordinary Shares $1,232,894,684 6.09% 4,464,260 Up ×1
CRWV CoreWeave, Inc. - Class A Common Stock $744,515,203 3.68% 7,479,558 $188,441,818 Up ×3
CORZ Core Scientific, Inc. - Common Stock $665,556,824 3.29% 26,008,473 $276,470,068
STM STMicroelectronics N.V. Common Stock $584,344,203 2.89% 7,802,700 Up ×1
APLD Applied Digital Corporation - Common Stock $469,022,807 2.32% 15,384,616 $149,044,689 Up ×3
RIOT Riot Platforms, Inc. - Common Stock $468,198,000 2.31% 17,100,000 $326,031,587 Up ×3
SHAZ SharonAI Holdings, Inc. - Class A Common Stock $456,836,112 2.26% 5,396,127 $438,740,577 Up ×1
IREN IREN Limited - Ordinary Shares $433,250,547 2.14% 9,474,099 $32,214,483 Down ×1
CLSK CleanSpark, Inc. - Common Stock $178,617,822 0.88% 12,276,139 $74,147,879
Unknown issuer (CUSIP: 486917107) $151,830,996 0.75% 26,451,393 Up ×1
SEI Solaris Energy Infrastructure, Inc. Class A Common Stock $90,889,306 0.45% 1,129,621 $28,414,619 Up ×1
WYFI WhiteFiber, Inc. - Ordinary Shares $68,282,760 0.34% 1,757,600 $47,349,744
BTDR Bitdeer Technologies Group - Ordinary Shares $54,584,072 0.27% 3,439,450 $24,832,829
TE T1 Energy Inc. Common Stock $46,452,000 0.23% 4,900,000 $2,552,000 Down ×1
BE Bloom Energy Corporation Class A Common Stock $44,133,660 0.22% 145,800 Call option $-11,214,005 Down ×1
HIVE HIVE Digital Technologies Ltd - Common Shares $33,246,763 0.16% 9,133,726 $26,802,824 Up ×1
BW Babcock & Wilcox Enterprises, Inc. Common Stock $28,587,059 0.14% 2,027,451 $8,698,268 Up ×1
PUMP ProPetro Holding Corp. Common Stock $28,111,878 0.14% 1,960,382 $14,994,455 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $23,878,500 0.12% 50,000 Call option $-330,969,000 Down ×1
VSH Vishay Intertechnology, Inc. Common Stock $20,167,500 0.10% 375,000 Up ×1
INFY Infosys Limited American Depositary Shares $5,245,000 0.03% 500,000 Put option $-1,510,000
Unknown issuer (CUSIP: 15675D103) $2,210,000 0.01% 10,000 Up ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
SNDK $5,673,738,513 28.03% up ×3
CRWV $744,515,203 3.68% up ×3
APLD $469,022,807 2.32% up ×3
RIOT $468,198,000 2.31% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
NBIS $1,232,894,684 4,464,260 6.09%
STM $584,344,203 7,802,700 2.89%
Unknown issuer (CUSIP: 486917107) $151,830,996 26,451,393 0.75%
VSH $20,167,500 375,000 0.10%
Unknown issuer (CUSIP: 15675D103) $2,210,000 10,000 0.01%

Top movers (QoQ)

Security Action Shares Δ Value Δ
BE Trimmed -213K +$1.0B
RIOT Bought more +5.6M +$326.0M
CORZ Price move only +0 +$276.5M
CRWV Bought more +302K +$188.4M
APLD Bought more +1.9M +$149.0M
CLSK Price move only +0 +$74.1M
WYFI Price move only +0 +$47.3M
IREN Trimmed -2.2M +$32.2M
SEI Bought more +24K +$28.4M
BTDR Price move only +0 +$24.8M

6 positions hidden (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
SMH June 30, 2026 5,354,850 $2,053,049,490 -14.7%
NVDA June 30, 2026 8,995,155 $1,568,755,032 9.5%
ORCL June 30, 2026 7,293,000 $1,072,873,230 -2.7%
AVGO June 30, 2026 3,251,100 $1,006,247,961 -3.6%
AMD June 30, 2026 4,863,238 $989,328,506 -19.8%
SMH Sept. 30, 2025 2,044,100 $570,058,608 71.5%
ASML June 30, 2026 378,733 $500,241,908 -11.9%
LITE March 31, 2026 1,298,400 $478,577,256 16.8%
NVDA Dec. 31, 2025 1,600,000 $298,528,000 17.5%
VST Dec. 31, 2025 1,287,910 $252,327,327 -13.0%
GDX Dec. 31, 2025 600,000 $195,816,000 No longer tracked
EQT March 31, 2026 3,182,225 $170,567,260 -14.3%
INTC June 30, 2026 3,807,744 $168,035,743 -34.9%
CIFR March 31, 2026 10,469,093 $154,523,813 22.4%
CEG Sept. 30, 2025 319,200 $103,024,992 -16.3%
GLXY Dec. 31, 2025 2,737,500 $92,554,875 2.7%
COHR March 31, 2026 480,300 $88,648,971 17.7%
MRVL March 31, 2025 785,896 $86,802,213 295.1%
TSEM March 31, 2026 723,004 $84,895,130 26.2%
AVGO Dec. 31, 2025 230,000 $75,879,300 5.2%
TSM Dec. 31, 2025 270,000 $75,408,300 35.8%
ONTO June 30, 2025 586,717 $71,192,241 193.7%
MOD June 30, 2025 716,824 $55,016,242 95.1%
VRT March 31, 2025 455,146 $51,709,137 256.6%
MU Dec. 31, 2025 300,000 $50,196,000 227.4%
KRC March 31, 2026 1,327,700 $49,616,149 30.1%
CRWV June 30, 2025 1,225,000 $45,423,000 -43.7%
HUT March 31, 2026 860,200 $39,517,588 78.4%
BITF June 30, 2026 19,875,840 $38,757,888 No longer tracked
TLN June 30, 2025 148,395 $29,630,030 8.3%
PSIX June 30, 2026 432,300 $26,318,424 -4.9%
GLW June 30, 2026 159,883 $21,739,292 -41.1%
STX Dec. 31, 2025 48,567 $11,464,726 204.3%
LBRT March 31, 2026 567,200 $10,470,512 -29.9%