PANews, August 2: According to the Wall Street Journal, Leopold Aschenbrenner, a former OpenAI researcher who manages the AI hedge fund Situational Awareness, agreed on Wednesday evening to sell approximately $3.5 billion in Anthropic equity to investors led by Greenoaks and Sequoia Capital amid margin call pressures. However, the deal was withdrawn the following morning. Ultimately, the fund chose to sell the majority of its public equity portfolio to Citadel to repay leverage and retain private equity stakes in Anthropic and other holdings.
AI Hedge Fund’s Situational Awareness Nearly Sells $3.5B Anthropic Stake Amid Margin Pressure
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Summary
Situational Awareness, the AI hedge fund led by Leopold Aschenbrenner, nearly sold its $3.5 billion stake in Anthropic to Greenoaks and Sequoia Capital amid margin trading pressures. The deal collapsed the following day, and the fund instead sold most of its public shares to Citadel to preserve its private holdings. The move reflects a recalibrated risk-to-reward strategy, prioritizing stability over short-term liquidity.
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