AI hedge fund Situational Awareness may have sold its public portfolio, but it still has its Anthropic shares
AI hedge fund forced to liquidate public bets—but still holds Anthropic shares worth watching.
Why it matters
A prominent AI investor's portfolio strategy shift signals caution on public AI equities while betting conviction remains on frontier labs. Reveals where smart money sees risk vs. opportunity in the AI stack.
The key facts
8 to knowSituational Awareness hedge fund unwound leveraged public equity positions
Fund founded by former OpenAI researcher
Retains significant Anthropic shareholding
Public AI equity bets underperformed, triggering forced liquidation
Private AI lab holdings (Anthropic) treated as strategic long-term position
Fund still holds Anthropic shares (private, illiquid)
Public AI equity bets suffered significant losses
Suggests divergence in market confidence: public AI stocks vs. private frontier labs
Go to the source
TechCrunch AItechcrunch.com
Publisher excerpt: The former OpenAI researcher’s fund was forced to unwind public equities after leveraged public bets plummeted. But he still has cards to play.