Institutional Manager · CIK 0002045724
Situational Awareness LP
SAN FRANCISCO, CA · File #028-24925
Latest AUM
$5.52B
Positions
29
Top-10 Concentration
86.0%
Filings
5
Portfolio Value Over Time
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | COREWEAVE INC | CRWV | +6,699,044 | +$479.7M | -$268.5M |
| NEW | LUMENTUM HLDGS INC | LITE | +1,298,400 | +$478.6M | $0 |
| EXITED | NVIDIA CORPORATION | 67066G104 | -1,600,000 | -$298.5M | $0 |
| EXITED | VISTRA CORP | 92840M102 | -1,287,910 | -$252.3M | $0 |
| ADD | SANDISK CORP | SNDK | +939,200 | +$222.9M | +$14.4M |
| EXITED | VANECK ETF TRUST | 92189F106 | -600,000 | -$195.8M | $0 |
| NEW | CIPHER MINING INC | 17253J106 | +10,469,093 | +$154.5M | $0 |
| ADD | APPLIED DIGITAL CORP | APLD | +5,274,905 | +$129.3M | +$9.6M |
| ADD | CORE SCIENTIFIC INC NEW | 21874A106 | +8,575,944 | +$124.9M | -$68.2M |
| EXITED | GALAXY DIGITAL INC. | 36317J209 | -2,737,500 | -$92.6M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202529 pos · $5.52B
- 13F HOLDINGS REPORTQ/E Sep 202528 pos · $4.14B
- 13F HOLDINGS REPORTQ/E Jun 20259 pos · $2.12B
- 13F HOLDINGS REPORTQ/E Mar 202512 pos · $1.01B
- 13F HOLDINGS REPORTQ/E Dec 20246 pos · $254.8M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | BLOOM ENERGY CORP | BE | 10,076,022 | $875.5M | 15.87% |
| 2 | COREWEAVE INC | CRWV | 10,814,500 | $774.4M | 14.04% |
| 3 | INTEL CORP | INTC | 20,237,400 | $746.8M | 13.54% |
| 4 | LUMENTUM HLDGS INC | LITE | 1,298,400 | $478.6M | 8.67% |
| 5 | COREWEAVE INC | CRWV | 6,098,812 | $436.7M | 7.92% |
| 6 | CORE SCIENTIFIC INC NEW | 21874A106 | 28,756,478 | $418.7M | 7.59% |
| 7 | IREN LIMITED | IREN | 8,700,621 | $328.6M | 5.96% |
| 8 | APPLIED DIGITAL CORP | APLD | 11,339,060 | $278.0M | 5.04% |
| 9 | SANDISK CORP | SNDK | 1,054,200 | $250.2M | 4.54% |
| 10 | CIPHER MINING INC | 17253J106 | 10,469,093 | $154.5M | 2.80% |
| 11 | EQT CORP | EQT | 2,482,225 | $133.0M | 2.41% |
| 12 | COHERENT CORP | COHR | 480,300 | $88.6M | 1.61% |
| 13 | SOLARIS ENERGY INFRAS INC | SEI | 1,866,500 | $85.8M | 1.56% |
| 14 | TOWER SEMICONDUCTOR LTD | TSEM | 723,004 | $84.9M | 1.54% |
| 15 | RIOT PLATFORMS INC | RIOT | 6,167,700 | $78.1M | 1.42% |
| 16 | KILROY RLTY CORP | 49427F108 | 1,327,700 | $49.6M | 0.90% |
| 17 | HUT 8 CORP | HUT | 860,200 | $39.5M | 0.72% |
| 18 | EQT CORP | EQT | 700,000 | $37.5M | 0.68% |
| 19 | BLOOM ENERGY CORP | BE | 408,500 | $35.5M | 0.64% |
| 20 | WHITEFIBER INC | WYFI | 1,757,600 | $27.8M | 0.50% |