Long-Term Capital Management

Leopold Aschenbrenner's hedge fund, Situational Awareness LP, lost $20 billion this week, according to a Wall Street Journal report, after Citadel bought its stock portfolio following big losses in AI…

Leopold Aschenbrenner's $45 billion AI hedge fund, Situational Awareness, collapsed in late July 2026, triggering a 75% volatility spike in semiconductor stocks (SOX Index), the third such instance af…

Leopold Aschenbrenner's hedge fund Situational Awareness lost 67% in July as leveraged AI bets unraveled, forcing the fund to sell most of its public holdings to Citadel and remove all leverage. The f…