Situational Awareness LP 13F: Quarter-over-Quarter Portfolio Changes
Situational Awareness LP reported a disclosed portfolio value of approximately $3.9 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 1.5% quarter on quarter. Over the quarter, the fund initiated 10 new positions, bought more shares in 9 holdings, trimmed 3 holdings, and exited 8 positions.
Situational Awareness LP's top buy was a new stake in T1 Energy INC (TE) , equal to 1.1% of the disclosed portfolio. Its top sell was Lumentum Hldgs INC (LITE) . The fund exited the position completely after it had accounted for 12.2% of the previous portfolio.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| T1 ENERGY INC | TE | 1.1% | History → |
| ADVANCED MICRO DEVICES INC | AMD | 0.5% | Holders → |
| SHARONAI HOLDINGS INC | SHAZ | 0.5% | Holders → |
| VANECK ETF TRUST | SMH | 0.3% | Holders → |
| TAIWAN SEMIC-ADR | TSM | 0.2% | Holders → |
| HIVE DIGITAL TECHNOLOGIES LT | HIVE | 0.2% | Holders → |
| ASML HLDG NV | ASML | 0.2% | Holders → |
| MICRON TECHNOLOGY INC | MU | 0.2% | Holders → |
| CORNING INC | GLW | 0.0% | Holders → |
| NVIDIA CORPORATION COM | NVDA | 0.0% | Holders → |
Top BuysQ1 2026
The fund's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| INTEL CORP | INTC | +0.2% | +20234300.0% | Holders → |
| CLEANSPARK INC | CLSK | +2.3% | +648.4% | History → |
| BITFARMS LTD | 1B2 | +0.6% | +188.2% | Holders → |
| BITDEER TECHNOLOGIES GROUP | BTDR | +0.3% | +92.4% | Holders → |
| RIOT PLATFORMS INC | RIOT | +1.7% | +86.5% | History → |
| IREN LIMITED | IREN | +2.0% | +34.5% | History → |
| APPLIED DIGITAL CORP | APLD | +1.2% | +18.9% | History → |
| COREWEAVE INC | CRWV | +3.3% | +17.7% | History → |
| SANDISK CORP | SNDK | +12.4% | +8.2% | History → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| SOLARIS ENERGY INFRASTRUCTURE | SEI | -0.6% | 40.8% | History → |
| BLOOM ENERGY | BE | 0.4% | 35.6% | History → |
| CORE SCIENTIFIC INC NEW | CORZ | -0.6% | 9.6% | History → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| LUMENTUM HLDGS INC | LITE | 12.2% |
| CIPHER DIGITAL INC | CIFR | 3.9% |
| EQT CORP | EQT | 3.4% |
| COHERENT CORP | COHR | 2.3% |
| TOWER SEMICONDUCTOR LTD | TSEM | 2.2% |
| KILROY REALTY CORP | KRC | 1.3% |
| HUT 8 CORP | HUT | 1.0% |
| LIBERTY ENERGY INC | LBRT | 0.3% |
Net Portfolio Value ChangeQ1 2026
- $3.9BPrior quarter
- $3.9BCurrent quarter
- $-0.1BNet delta
- -1.5%% change
Methodology & FAQ
How Situational Awareness LP Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Situational Awareness LP: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did Situational Awareness LP buy in Q1 2026?
In Q1 2026, Situational Awareness LP initiated 10 new positions (T1 ENERGY INC (TE), ADVANCED MICRO DEVICES INC (AMD), SHARONAI HOLDINGS INC (SHAZ), VANECK ETF TRUST (SMH), TAIWAN SEMIC-ADR (TSM), HIVE DIGITAL TECHNOLOGIES LT (HIVE), ASML HLDG NV (ASML), MICRON TECHNOLOGY INC (MU), CORNING INC (GLW), NVIDIA CORPORATION COM (NVDA)); bought more shares of INTEL CORP (INTC), CLEANSPARK INC (CLSK), BITFARMS LTD (1B2), BITDEER TECHNOLOGIES GROUP (BTDR), RIOT PLATFORMS INC (RIOT) — the largest 5 of 9 adds.
What stocks did Situational Awareness LP sell in Q1 2026?
In Q1 2026, Situational Awareness LP fully sold 8 positions (LUMENTUM HLDGS INC (LITE), CIPHER DIGITAL INC (CIFR), EQT CORP (EQT), COHERENT CORP (COHR), TOWER SEMICONDUCTOR LTD (TSEM), KILROY REALTY CORP (KRC), HUT 8 CORP (HUT), LIBERTY ENERGY INC (LBRT)); reduced holdings in SOLARIS ENERGY INFRASTRUCTURE (SEI), BLOOM ENERGY (BE), CORE SCIENTIFIC INC NEW (CORZ).
Which positions did Situational Awareness LP initiate in Q1 2026?
Situational Awareness LP established 10 new positions in Q1 2026: T1 ENERGY INC (TE, 1.1%), ADVANCED MICRO DEVICES INC (AMD, 0.5%), SHARONAI HOLDINGS INC (SHAZ, 0.5%), VANECK ETF TRUST (SMH, 0.3%), TAIWAN SEMIC-ADR (TSM, 0.2%), HIVE DIGITAL TECHNOLOGIES LT (HIVE, 0.2%), ASML HLDG NV (ASML, 0.2%), MICRON TECHNOLOGY INC (MU, 0.2%), CORNING INC (GLW, 0.0%), NVIDIA CORPORATION COM (NVDA, 0.0%).
Which existing positions saw the largest allocation increases for Situational Awareness LP in Q1 2026?
Of 9 existing positions with share-count increases in Q1 2026, the largest were: INTEL CORP (INTC, +0.2% weight, +20234300.0% shares), CLEANSPARK INC (CLSK, +2.3% weight, +648.4% shares), BITFARMS LTD (1B2, +0.6% weight, +188.2% shares), BITDEER TECHNOLOGIES GROUP (BTDR, +0.3% weight, +92.4% shares), RIOT PLATFORMS INC (RIOT, +1.7% weight, +86.5% shares), IREN LIMITED (IREN, +2.0% weight, +34.5% shares), APPLIED DIGITAL CORP (APLD, +1.2% weight, +18.9% shares), COREWEAVE INC (CRWV, +3.3% weight, +17.7% shares), SANDISK CORP (SNDK, +12.4% weight, +8.2% shares).
Which positions did Situational Awareness LP fully exit in Q1 2026?
Situational Awareness LP fully exited 8 positions in Q1 2026: LUMENTUM HLDGS INC (LITE, last-reported weight 12.2%), CIPHER DIGITAL INC (CIFR, last-reported weight 3.9%), EQT CORP (EQT, last-reported weight 3.4%), COHERENT CORP (COHR, last-reported weight 2.3%), TOWER SEMICONDUCTOR LTD (TSEM, last-reported weight 2.2%), KILROY REALTY CORP (KRC, last-reported weight 1.3%), HUT 8 CORP (HUT, last-reported weight 1.0%), LIBERTY ENERGY INC (LBRT, last-reported weight 0.3%).
Which existing positions saw the largest allocation reductions for Situational Awareness LP in Q1 2026?
Of 3 existing positions with share-count reductions in Q1 2026, the largest were: SOLARIS ENERGY INFRASTRUCTURE (SEI, -0.6% weight, -40.8% shares), BLOOM ENERGY (BE, 0.4% weight, -35.6% shares), CORE SCIENTIFIC INC NEW (CORZ, -0.6% weight, -9.6% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.