"AI Stock Guru" Leopold's fund to disclose Q3 holdings on Nov 16, once saw 67% monthly drawdown amid AI stock crash

On October 18, Situational Awareness, the fund under "AI stock guru" Leopold, will disclose its third-quarter stock holdings on November 16. The fund reportedly posted a 439% return in the first half of this year, mainly betting on SanDisk (SNDK) and Micron (MU) with roughly 4x leverage. However, the July crash in AI-related stocks caused its portfolio to fall about 67% in a single month, after which the fund sold most of its public stock holdings, a significant portion of which was taken over by Citadel.