3 outlets·3 reports
Situational Awareness Down 67% in July in AI Stock Rout
ThinkingNews Desk · how this was written
Situational Awareness, an AI-focused hedge fund, saw its value drop about 67% in July amid a broader AI stock rout, yet it remains up roughly 80% for the year 2026. The fund had intended to sell a $3.5 billion Anthropic position but ultimately backed out, retaining its Anthropic shares while having disposed of its public portfolio.
Written from all 3 reports below, not from any single one.
How it was reported
- TechCrunch·AI hedge fund Situational Awareness may have sold its public portfolio, but it still has its Anthropic shares
- TechMeme·Letter: Situational Awareness is down ~67% in July, but remains up ~80% in 2026; sources say it planned to sell $3.5B of its Anthropic stake but backed out (Wall Street Journal)
Situational Awareness is down 67% in July, but up 80% in 2026. Leopold Aschenbrenner's hedge fund planned to sell $3.5 billion of its Anthropic stake. The hedge fund backed out of the deal.
- Hacker News·Situational Awareness Down 67% in July in AI Stock Rout
Related stories
- IPO prospectus: Anthropic reports a net loss of $42B in 2025 and plans to spend $518B on cloud, computing, and infrastructure obligations in the coming year (Echo Wang/Reuters)7 outlets
- Anthropic has walked away from its $6bn Decart deal, Bloomberg reports3 outlets
- Analysis: Anthropic may have talked itself into an export ban, as its 2026 official statements and posts used AI risk-related terms 8x more often than OpenAI (Clara Murray/Financial Times)7 outlets
- OpenAI is about to file for an IPO, and prediction markets think Anthropic just lost the race to go public first3 outlets