CoinEx News: On July 30, 2026, Situational Awareness (SA), the AI-focused hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, sold its entire public stock portfolio of about $16 billion to Citadel. The fund, which peaked near $20 billion in assets under management (with some reports higher), had used roughly four times leverage. Heavy losses hit after AI infrastructure stocks dropped sharply in July, triggering margin calls from its prime brokers. First-half 2026 net returns had reached 439%.

The single trade cleared positions at a discount and ranks among Wall Street’s largest emergency stock transfers. SA now holds roughly $10 billion, mostly private assets including a stake in Anthropic valued near $5 billion.