Situational Awareness LP — Q1 2026

$13.68B

↑+$8.16B(+148%)vs. prior quarter

13F-HR · Filed May 18, 2026 · 42 positions · EDGAR information table ↗ · All filings ↗

All filings

Q4 '24$254.8M6 pos Q1 '25$1.01B12 pos Q2 '25$2.12B9 pos Q3 '25$4.14B28 pos Q4 '25$5.52B29 pos Q1 '26$13.68B42 pos

Changes vs. Q4 2025

+23 new−10 exited↑9 doubled down↓4 trimmed

Added (23)

New positions this quarter

SMHputVANECK ETF TRUST$2.04B5,327,900 sh
NVDAputNVIDIA CORPORATION$1.57B8,992,300 sh
ORCLputORACLE CORP$1.07B7,293,000 sh
AVGOputBROADCOM INC$1.01B3,251,100 sh
AMDputADVANCED MICRO DEVICES INC$969.2M4,764,100 sh
MUputMICRON TECHNOLOGY INC$583.7M1,727,700 sh
TSMputTAIWAN SEMICONDUCTOR MANUFAC$535.1M1,583,400 sh
ASMLputASML HLDG NV N Y REGISTRY$494.1M374,100 sh
MUcallMICRON TECHNOLOGY INC$422.3M1,250,000 sh
SNDKcallSANDISK CORP$388.8M611,900 sh
TSMcallTAIWAN SEMICONDUCTOR MANUFAC$354.8M1,050,000 sh
INTCputINTEL CORP$159.1M3,605,400 sh
+ 11 more

Exited (10)

Sold the whole position

INTCcallINTEL CORP$746.8M20,237,400 sh
LITELUMENTUM HLDGS INC$478.6M1,298,400 sh
CIFRCIPHER MINING INC$154.5M10,469,093 sh
EQTEQT CORP$133.0M2,482,225 sh
COHRCOHERENT CORP$88.6M480,300 sh
TSEMTOWER SEMICONDUCTOR LTD$84.9M723,004 sh
KRCKILROY RLTY CORP$49.6M1,327,700 sh
HUTHUT 8 CORP$39.5M860,200 sh
EQTcallEQT CORP$37.5M700,000 sh
LBRTLIBERTY ENERGY INC$10.5M567,200 sh

Doubled down (9)

Share count expanded

BITFBITFARMS LTD+13.0M sh+$22.5M value
CLSKCLEANSPARK INC+10.6M sh+$87.9M value
RIOTRIOT PLATFORMS INC+5.33M sh+$64.0M value
IRENIREN LIMITED+3.00M sh+$72.4M value
APLDAPPLIED DIGITAL CORP+2.14M sh+$41.9M value
BTDRBITDEER TECHNOLOGIES GROUP+1.65M sh+$9.7M value
CRWVCOREWEAVE INC+1.08M sh+$119.3M value
INTCINTEL CORP+202K sh+$8.9M value
SNDKSANDISK CORP+86K sh+$474.1M value

Trimmed (4)

Share count shrunk

CRWVcallCOREWEAVE INC−9.00M sh−$633.9M value
BEBLOOM ENERGY CORP−3.59M sh+$3.2M value
CORZCORE SCIENTIFIC INC NEW−2.75M sh−$29.6M value
SEISOLARIS ENERGY INFRAS INC−761K sh−$23.3M value

"Doubled down" / "trimmed" is based on share count, not dollar value — a position's value can move from price alone without any buy or sell.

All holdings

42 positions · $13.68B total

#	Ticker	Issuer	13F Value	Live mark	Weight	Shares	First held
01	SMHPut	VANECK ETF TRUSTSEMICONDUCTR ETF	$2.04B	$1.42B if not sold	14.9%	5,327,900	Q2 '25 $570.1M
02	NVDAPut	NVIDIA CORPORATIONCOM	$1.57B	$1.22B if not sold	11.5%	8,992,300	Q3 '25 $298.5M
03	ORCLPut	ORACLE CORPCOM	$1.07B	$851.5M if not sold	7.8%	7,293,000	this quarter
04	AVGOPut	BROADCOM INCCOM	$1.01B	$746.2M if not sold	7.4%	3,251,100	Q3 '25 $75.9M
05	AMDPut	ADVANCED MICRO DEVICES INCCOM	$969.2M	$463.6M if not sold	7.1%	4,764,100	this quarter
06	BE	BLOOM ENERGY CORPCOM CL A	$878.7M	$1.70B if not sold	6.4%	6,485,408 −3.59M	Q4 '25 $875.5M
07	SNDK	SANDISK CORPCOM	$724.4M	$1.56B if not sold	5.3%	1,140,119 +86K	Q3 '25 $12.9M
08	MUPut	MICRON TECHNOLOGY INCCOM	$583.7M	$270.1M if not sold	4.3%	1,727,700	Q3 '25 $50.2M
09	CRWV	COREWEAVE INCCOM CL A	$556.1M	$724.3M if not sold	4.1%	7,177,919 +1.08M	Q1 '25 $45.4M
10	TSMPut	TAIWAN SEMICONDUCTOR MANUFACSPONSORED ADS	$535.1M	$452.5M if not sold	3.9%	1,583,400	Q3 '25 $75.4M
11	ASMLPut	ASML HLDG NV N Y REGISTRYSHS	$494.1M	$439.5M if not sold	3.6%	374,100	this quarter
12	MUCall	MICRON TECHNOLOGY INCCOM	$422.3M	$912.4M if not sold	3.1%	1,250,000	this quarter
13	IREN	IREN LIMITEDORDINARY SHARES	$401.0M	$591.1M if not sold	2.9%	11,698,835 +3.00M	Q1 '25 $20.5M
14	CORZ	CORE SCIENTIFIC INC NEWCOM	$389.1M	$600.8M if not sold	2.8%	26,008,473 −2.75M	Q1 '25 $32.7M
15	SNDKCall	SANDISK CORPCOM	$388.8M	$838.0M if not sold	2.8%	611,900	this quarter
16	TSMCall	TAIWAN SEMICONDUCTOR MANUFACSPONSORED ADS	$354.8M	$419.7M if not sold	2.6%	1,050,000	this quarter
17	APLD	APPLIED DIGITAL CORPCOM NEW	$320.0M	$549.7M if not sold	2.3%	13,478,438 +2.14M	Q1 '25 $22.7M
18	INTCPut	INTEL CORPCOM	$159.1M	$64.1M if not sold	1.2%	3,605,400	this quarter
19	RIOT	RIOT PLATFORMS INCCOM	$142.2M	$263.4M if not sold	1.0%	11,502,137 +5.33M	Q3 '25 $68.4M
20	CRWVCall	COREWEAVE INCCOM CL A	$140.6M	$183.1M if not sold	1.0%	1,814,500 −9.00M	Q3 '25 $316.7M
21	CLSK	CLEANSPARK INCCOM NEW	$104.5M	$164.7M if not sold	0.8%	12,276,139 +10.6M	Q4 '25 $16.6M
22	SEI	SOLARIS ENERGY INFRAS INCCOM CL A	$62.5M	$83.8M if not sold	0.5%	1,105,551 −761K	Q3 '25 $46.0M
23	BECall	BLOOM ENERGY CORPCOM CL A	$55.3M	$107.2M if not sold	0.4%	408,500	Q4 '25 $35.5M
24	TE	T1 ENERGY INCCOM NEW	$43.9M	$67.1M if not sold	0.3%	10,000,000	this quarter
25	BITF	BITFARMS LTDCOM	$38.8M	$87.3M if not sold	0.3%	19,875,840 +13.0M	Q4 '25 $16.2M
26	BTDR	BITDEER TECHNOLOGIES GROUPCL A ORD SHS	$29.8M	$44.2M if not sold	0.2%	3,439,450 +1.65M	Q3 '25 $15.9M
27	PSIX	POWER SOLUTIONS INTL INCCOM NEW	$26.3M	$17.0M if not sold	0.2%	432,300	Q4 '25 $24.7M
28	GLWPut	CORNING INCCOM	$21.0M	$15.5M if not sold	0.2%	154,600	this quarter
29	WYFI	WHITEFIBER INCSHS	$20.9M	$41.4M if not sold	0.2%	1,757,600	Q4 '25 $27.8M
30	AMD	ADVANCED MICRO DEVICES INCCOM	$20.2M	$42.2M if not sold	0.1%	99,138	this quarter
31	BW	BABCOCK & WILCOX ENTERPRISESCOM	$19.9M	$27.6M if not sold	0.1%	1,353,900	Q4 '25 $8.6M
32	SHAZ	SHARONAI HOLDINGS INCCOM CL A ADDED	$18.1M	$45.0M if not sold	0.1%	796,108	this quarter
33	PUMP	PROPETRO HLDG CORPCOM	$13.1M	$15.7M if not sold	0.1%	910,300	Q4 '25 $8.7M
34	SMH	VANECK ETF TRUSTSEMICONDUCTR ETF	$10.3M	$14.9M if not sold	0.1%	26,950	this quarter
35	INTC	INTEL CORPCOM	$8.9M	$22.2M if not sold	0.1%	202,344 +202K	Q4 '25 $37
36	TSM	TAIWAN SEMICONDUCTOR MANUFACSPONSORED ADS	$7.6M	$9.0M if not sold	0.1%	22,423	this quarter
37	INFYPut	INFOSYS LTDSPONSORED ADR	$6.8M	$7.5M if not sold	0.0%	500,000	Q4 '25 $8.9M
38	HIVE	HIVE DIGITAL TECHNOLOGIES LTCOM NEW	$6.4M	$13.1M if not sold	0.0%	3,391,547	this quarter
39	ASML	ASML HLDG NV N Y REGISTRYSHS	$6.1M	$6.9M if not sold	0.0%	4,633	this quarter
40	MU	MICRON TECHNOLOGY INCCOM	$5.9M	$12.7M if not sold	0.0%	17,362	this quarter
41	GLW	CORNING INCCOM	$718K	$976K if not sold	0.0%	5,283	this quarter
42	NVDA	NVIDIA CORPORATIONCOM	$498K	$640K if not sold	0.0%	2,855	this quarter