Smart Money
LA

Leopold Aschenbrenner

Situational Awareness LP·growth·Concentrated / activist
Accredited only

~47% (1st yr) since 2024

Portfolio value

$13.6B

Positions

28

Top 5 concentration

50%

New buys this quarter

11

Recent moves vs Dec 2025

$SMHNew buy15.1%
$NVDANew buy11.5%
$ORCLNew buy7.9%
$MUNew buy7.4%
$AVGONew buy7.4%
$AMDNew buy7.3%
$TSMNew buy6.6%
$ASMLNew buy3.7%
$GLWNew buy0.2%
$SHAZNew buy0.1%
$HIVENew buy0%
$SNDKAdded8.2%
$IRENAdded2.9%
$APLDAdded2.3%
$RIOTAdded1%
$CLSKAdded0.8%
$BITFAdded0.3%
$BTDRAdded0.2%
$BETrimmed6.9%
$CRWVTrimmed5.1%
$CORZTrimmed2.9%
$INTCTrimmed1.2%
$SEITrimmed0.5%
$CIFRSold out
$COHRSold out
$EQTSold out
$HUTSold out
$KRCSold out
$LBRTSold out
$LITESold out
$TSEMSold out

Holdings

StockMove% of portfolioValue
$SMH

VANECK ETF TRUST

New buy
15.1%
$2.1B
$NVDA

NVIDIA CORPORATION

New buy
11.5%
$1.6B
$SNDK

SANDISK CORP

Added
8.2%
$1.1B
$ORCL

ORACLE CORP

New buy
7.9%
$1.1B
$MU

MICRON TECHNOLOGY INC

New buy
7.4%
$1.0B
$AVGO

BROADCOM INC

New buy
7.4%
$1.0B
$AMD

ADVANCED MICRO DEVICES INC

New buy
7.3%
$989M
$BE

BLOOM ENERGY CORP

Trimmed
6.9%
$934M
$TSM

TAIWAN SEMICONDUCTOR MANUFAC

New buy
6.6%
$898M
$CRWV

COREWEAVE INC

Trimmed
5.1%
$697M
$ASML

ASML HLDG NV N Y REGISTRY

New buy
3.7%
$500M
$IREN

IREN LIMITED

Added
2.9%
$401M
$CORZ

CORE SCIENTIFIC INC NEW

Trimmed
2.9%
$389M
$APLD

APPLIED DIGITAL CORP

Added
2.3%
$320M
$INTC

INTEL CORP

Trimmed
1.2%
$168M
$RIOT

RIOT PLATFORMS INC

Added
1%
$142M
$CLSK

CLEANSPARK INC

Added
0.8%
$104M
$SEI

SOLARIS ENERGY INFRAS INC

Trimmed
0.5%
$62M
$BITF

BITFARMS LTD

Added
0.3%
$39M
$BTDR

BITDEER TECHNOLOGIES GROUP

Added
0.2%
$30M
$PSIX

POWER SOLUTIONS INTL INC

Held
0.2%
$26M
$GLW

CORNING INC

New buy
0.2%
$22M
$WYFI

WHITEFIBER INC

Held
0.2%
$21M
$BW

BABCOCK & WILCOX ENTERPRISES

Held
0.1%
$20M
$SHAZ

SHARONAI HOLDINGS INC

New buy
0.1%
$18M
$PUMP

PROPETRO HLDG CORP

Held
0.1%
$13M
$INFY

INFOSYS LTD

Held
0%
$7M
$HIVE

HIVE DIGITAL TECHNOLOGIES LT

New buy
0%
$6M

Notable sell-outs this quarter: $CIFR, $COHR, $EQT, $HUT, $KRC, $LBRT, $LITE, $TSEM

Source: SEC 13F via FMP · Mar 2026 report · 45-day filing delay. Long equity positions only. Not financial advice.