Situational Awareness LP
Sector Allocation
- Technology89.1%$18.0B
- Financials10.2%$2.1B
- Energy0.6%$119.0M
- Industrials0.1%$28.6M
AUM History
13fpro.ai/research/fund/situational-awareness-lp-2045724
Conviction and streaks
Diversifying · top 10 = 92.1%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
SNDK
$5.7BMU
$5.6BBE
$1.9BTSM
$1.3BNBIS
$1.2BCRWV
$744.5MCORZ
$665.6MSTM
$584.3MAPLD
$469.0MRIOT
$468.2MSHAZ
$456.8MIREN
$433.3MCLSK
$178.6MKEEL
$151.8MSEI
$90.9MWYFI
$68.3MBTDR
$54.6MTE
$46.5MHIVE
$33.2MBW
$28.6M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/situational-awareness-lp-2045724
Situational Awareness LP 13F holdings — Q2 2026
$20.2B portfolio (+48.0% QoQ) · 26 holdings · Q2 2026 13F · top 10 are 92% of the stock portfolio
Includes $73.3M of put/call options ($5.2M puts, $68.0M calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $20.2B. Weights use the stock portfolio.
$5.7B
28.1% of stocks
+119%This quarter-23.5%Since filed4 qtrsHeld$5.6B
27.6% of stocks
NewThis quarter-7.0%Since filedNew this quarterHeld$1.9B
9.4% of stocks
-3%This quarter-11.3%Since filed4 qtrsHeldAIQuality74.8#105Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$1.3B
6.3% of stocks
NewThis quarter-0.5%Since filedNew this quarterHeld$1.2B
6.1% of stocks
NewThis quarter-44.8%Since filedNew this quarterHeld$744.5M
3.7% of stocks
+4%This quarter-47.6%Since filed4 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 4 qtrs in a row$665.6M
3.3% of stocks
No changeThis quarter-33.0%Since filed6 qtrsHeld$584.3M
2.9% of stocks
NewThis quarter-16.8%Since filedNew this quarterHeld$469.0M
2.3% of stocks
+14%This quarter-42.9%Since filed6 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 3 qtrs in a row$468.2M
2.3% of stocks
+49%This quarter-33.8%Since filed4 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 4 qtrs in a row
All holdings — Situational Awareness LP (Q2 2026)
26 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | SharonAI Holdings Inc. | Technology | $456.8M | 2.3% | 5.40M | +578% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | IREN Ltd | Financials | $433.3M | 2.1% | 9.47M | -19% | 6 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | CLEANSPARK, INC. | Financials | $178.6M | 0.9% | 12.28M | — | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | Keel Infrastructure Corp. | Financials | $151.8M | 0.8% | 26.45M | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | Solaris Energy Infrastructure, Inc. | Energy | $90.9M | 0.5% | 1.13M | +2% | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | WhiteFiber, Inc. | Financials | $68.3M | 0.3% | 1.76M | — | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | Bitdeer Technologies Group | Financials | $54.6M | 0.3% | 3.44M | — | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | T1 Energy Inc. | Technology | $46.5M | 0.2% | 4.90M | -51% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | Bloom Energy Corp | Technology | $44.1M | — | 146K | -64% | — | — | 13F | |
| 20 | HIVE Digital Technologies Ltd. | Financials | $33.2M | 0.2% | 9.13M | +169% | 2 qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | Babcock & Wilcox Enterprises, Inc. | Industrials | $28.6M | 0.1% | 2.03M | +50% | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | ProPetro Holding Corp. | Energy | $28.1M | 0.1% | 1.96M | +115% | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | Technology | $23.9M | — | 50K | -95% | — | — | 13F | |
| 24 | VISHAY INTERTECHNOLOGY INC | Technology | $20.2M | 0.1% | 375K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | Infosys Ltd | Technology | $5.2M | — | 500K | — | — | — | 13F | |
| 26 | $CBRS | Cerebras Systems Inc. | Technology | $2.2M | 0.0% | 10K | New |
What changed in Q2 2026
Against the previous quarter's 13F: 5 new, 11 added to, 5 trimmed, 21 sold out. Share-count changes; largest moves by dollar size first.
New positions (5)
Added to (11)
now $5.7B · held 4 qtrs, 4 adds in a row
now $456.8M · held 2 qtrs, 2 adds in a row
now $468.2M · held 4 qtrs, 4 adds in a row
now $469.0M · held 6 qtrs, 3 adds in a row
now $744.5M · held 4 qtrs, 4 adds in a row
now $33.2M · held 2 qtrs, 2 adds in a row
+5 more in the Excel export
Trimmed (5)
Holdings by quarter
Every 13F Situational Awareness LP has filed, 6 earlier quarters. Pick one to see what it held then.
Is it too late to follow Situational Awareness?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Situational Awareness's top 20 holdings: 76/100 (our AI quality score, weighted by position size; 15 of the 20 are scored)
Top 10 since filing
-19.0%
Value-weighted move of the 10 largest stock positions
Turnover
3%
Last quarter; 63% over the last 4
Top 10 weight
92%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
52%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q4 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Situational Awareness LP disclosed 26 positions worth $20.2B in its Form 13F-HR for Q2 2026 — $20.2B in common stock plus $73.3M of put/call option positions (reported at underlying notional value, not premium at risk), led by $SNDK (Sandisk Corp) at 28.1% of the equity portfolio, followed by $MU and $BE. During the quarter the fund opened 5 new positions and exited 21 — including a new stake in $NBIS. The portfolio is most concentrated in Technology (89.1% of disclosed assets). All figures are sourced directly from Situational Awareness LP’s Form 13F-HR filing with the SEC under CIK 2045724.
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AI-Powered Hedge Fund Analysis: Situational Awareness LP
13F Pro is an AI hedge fund tracker and stock research platform. For Situational Awareness LP (SEC CIK: 2045724), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in Situational Awareness LP's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.