Situational Awareness LP 13F: Quarter-over-Quarter Portfolio Changes
Situational Awareness LP reported a disclosed portfolio value of approximately $20.2 billion in its latest SEC Form 13F-HR filing for Q2 2026, up 423.1% quarter on quarter. Over the quarter, the fund initiated 5 new positions, bought more shares in 11 holdings, trimmed 3 holdings, and exited 8 positions.
Situational Awareness LP's top buy was Micron Technology INC (MU) . The fund bought 27712.4% more shares, lifting the position's portfolio weight by 27.5 percentage points. Its top sell was Bitfarms LTD (1B2) . The fund exited the position completely after it had accounted for 1.0% of the previous portfolio.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| NEBIUS GROUP N.V. | NBIS | 6.1% | History → |
| STMICROELECTRONICS NV | STM | 2.9% | History → |
| KEEL INFRASTRUCTURE CORP | KEEL | 0.8% | Holders → |
| VISHAY INTERTECHNOLOGY INC | VSH | 0.1% | Holders → |
| CEREBRAS SYSTEMS INC | CBRS | 0.0% | Holders → |
Top BuysQ2 2026
Showing the top 10 buys among 11 existing positions where the fund bought more shares in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| MICRON TECHNOLOGY INC | MU | +27.5% | +27712.4% | History → |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | +6.1% | +11713.9% | History → |
| SHARONAI HOLDINGS INC | SHAZ | +1.8% | +577.8% | Holders → |
| HIVE DIGITAL TECHNOLOGIES LT | HIVE | +-0.0% | +169.3% | Holders → |
| SANDISK CORP | SNDK | +9.3% | +118.9% | History → |
| PROPETRO HLDG CORP | PUMP | +-0.2% | +115.4% | Holders → |
| BABCOCK & WILCOX ENTERPRISES | BW | +-0.4% | +49.7% | Holders → |
| RIOT PLATFORMS INC | RIOT | +-1.4% | +48.7% | History → |
| APPLIED DIGITAL CORP | APLD | +-6.0% | +14.1% | History → |
| COREWEAVE INC | CRWV | +-10.7% | +4.2% | History → |
Top SellsQ2 2026
The fund's top sells among positions it retained in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| T1 ENERGY INC | TE | -0.9% | 51.0% | Holders → |
| IREN LIMITED | IREN | -8.3% | 19.0% | Holders → |
| BLOOM ENERGY CORP | BE | -13.4% | 3.3% | History → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| BITFARMS LTD | 1B2 | 1.0% |
| POWER SOLUTIONS INTL INC | PSIX | 0.7% |
| ADVANCED MICRO DEVICES INC | AMD | 0.5% |
| VANECK ETF TRUST | SMH | 0.3% |
| INTEL CORP | INTC | 0.2% |
| ASML HLDG NV | ASML | 0.2% |
| CORNING INC | GLW | 0.0% |
| NVIDIA CORPORATION | NVDA | 0.0% |
Net Portfolio Value ChangeQ2 2026
- $3.9BPrior quarter
- $20.2BCurrent quarter
- +$16.3BNet delta
- +423.1%% 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 Q2 2026?
In Q2 2026, Situational Awareness LP initiated 5 new positions (NEBIUS GROUP N.V. (NBIS), STMICROELECTRONICS NV (STM), KEEL INFRASTRUCTURE CORP (KEEL), VISHAY INTERTECHNOLOGY INC (VSH), CEREBRAS SYSTEMS INC (CBRS)); bought more shares of MICRON TECHNOLOGY INC (MU), TAIWAN SEMICONDUCTOR MANUFAC (TSM), SHARONAI HOLDINGS INC (SHAZ), HIVE DIGITAL TECHNOLOGIES LT (HIVE), SANDISK CORP (SNDK) (the largest 5 of 11 adds).
What stocks did Situational Awareness LP sell in Q2 2026?
In Q2 2026, Situational Awareness LP fully sold 8 positions (BITFARMS LTD (1B2), POWER SOLUTIONS INTL INC (PSIX), ADVANCED MICRO DEVICES INC (AMD), VANECK ETF TRUST (SMH), INTEL CORP (INTC), ASML HLDG NV (ASML), CORNING INC (GLW), NVIDIA CORPORATION (NVDA)); reduced holdings in T1 ENERGY INC (TE), IREN LIMITED (IREN), BLOOM ENERGY CORP (BE).
Which positions did Situational Awareness LP initiate in Q2 2026?
Situational Awareness LP established 5 new positions in Q2 2026: NEBIUS GROUP N.V. (NBIS, 6.1%), STMICROELECTRONICS NV (STM, 2.9%), KEEL INFRASTRUCTURE CORP (KEEL, 0.8%), VISHAY INTERTECHNOLOGY INC (VSH, 0.1%), CEREBRAS SYSTEMS INC (CBRS, 0.0%).
Which existing positions saw the largest allocation increases for Situational Awareness LP in Q2 2026?
Of 11 existing positions with share-count increases in Q2 2026, the largest were: MICRON TECHNOLOGY INC (MU, +27.5% weight, +27712.4% shares), TAIWAN SEMICONDUCTOR MANUFAC (TSM, +6.1% weight, +11713.9% shares), SHARONAI HOLDINGS INC (SHAZ, +1.8% weight, +577.8% shares), HIVE DIGITAL TECHNOLOGIES LT (HIVE, +-0.0% weight, +169.3% shares), SANDISK CORP (SNDK, +9.3% weight, +118.9% shares), PROPETRO HLDG CORP (PUMP, +-0.2% weight, +115.4% shares), BABCOCK & WILCOX ENTERPRISES (BW, +-0.4% weight, +49.7% shares), RIOT PLATFORMS INC (RIOT, +-1.4% weight, +48.7% shares), APPLIED DIGITAL CORP (APLD, +-6.0% weight, +14.1% shares), COREWEAVE INC (CRWV, +-10.7% weight, +4.2% shares).
Which positions did Situational Awareness LP fully exit in Q2 2026?
Situational Awareness LP fully exited 8 positions in Q2 2026: BITFARMS LTD (1B2, last-reported weight 1.0%), POWER SOLUTIONS INTL INC (PSIX, last-reported weight 0.7%), ADVANCED MICRO DEVICES INC (AMD, last-reported weight 0.5%), VANECK ETF TRUST (SMH, last-reported weight 0.3%), INTEL CORP (INTC, last-reported weight 0.2%), ASML HLDG NV (ASML, last-reported weight 0.2%), CORNING INC (GLW, last-reported weight 0.0%), NVIDIA CORPORATION (NVDA, last-reported weight 0.0%).
Which existing positions saw the largest allocation reductions for Situational Awareness LP in Q2 2026?
Of 3 existing positions with share-count reductions in Q2 2026, the largest were: T1 ENERGY INC (TE, -0.9% weight, -51.0% shares), IREN LIMITED (IREN, -8.3% weight, -19.0% shares), BLOOM ENERGY CORP (BE, -13.4% weight, -3.3% 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.