AI Stock God's Fund, the majority of the investment portfolio has been sold, with the buyer being Citadel Investment Group, owned by Ken Griffin.

July 30th - According to sources familiar with the matter, Situational Awareness, the AI-themed hedge fund founded by 25-year-old Wall Street's rising AI stock god and former OpenAI researcher Leopold Aschenbrenner, has sold most of its stock portfolio to Ken Griffin's investment firm Citadel after suffering massive losses. The company has been seeking a buyer to take over its positions and has been trying to raise new funds. Situational Awareness Fund's largest holdings at the end of the first quarter included Nebius, SanDisk, Micron, and CoreWeave, all of which have seen their stock prices drop by over 35% this month.

Ken Griffin is a renowned American billionaire hedge fund manager who founded Citadel in Chicago in 1990 and has served as its founder and CEO. Citadel is one of the world's largest and most successful hedge funds, managing assets worth tens of billions of dollars. It employs a multi-strategy investment approach (covering equities, fixed income, commodities, quantitative trading, etc.), and its subsidiary, Citadel Securities, is one of Wall Street's most significant market makers, holding a high market share in U.S. stock trading. Griffin himself is known for his astute trading style, strict risk management, and immense influence on the hedge fund industry, consistently ranking among the world's richest hedge fund managers.

Earlier reports indicated that