The Chonkerton

Why Situational Awareness hedge fund imploded, even in a tame stock market

business

Leopold Aschenbrenner's hedge fund, Situational Awareness, was forced to slash public stock positions after a historic momentum reversal triggered margin calls, according to CNBC. The forty-five billion dollar fund's setback stands out against a backdrop of relative market calm.

Source: https://www.cnbc.com/2026/07/31/why-leopold-aschenbrenner...

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton