He’s here, bringing the latest positions to us.
The much-anticipated OPENAI researcher Leopold Aschenbrenner has just revealed the latest AI holdings of the SAF fund.
Let me sum it up in one sentence,
Long on power, racks, and storage;
Short on logic chip complexes (GPU/ASIC/foundry/lithography).
Buying Put options worth up to 8.46 billion,
Actually, I think he’s hedging against an overheated market in Q1 rather than going fully bearish.
His current top 5 holdings this quarter:
1. Fuel Cell Company BE — 879M (but he reduced his position)
2. SanDisk SNDK — 724M
3. CRWV — 556M (increased position)
4. My favorite stock IREN — 401M (he added to it)
5. CORZ — 389M (also reduced)
Newly established stocks. We’re cutting the small long positions.
The core new directions are three:
1. TE (local solar, new piece in power generation)
2. SHAZ (AI computing underdog, betting on the second tier)
3. HIVE (mining company getting into AI)
Completely liquidated the three AI side plays,
1. Optical Communication (LITE, COHR)
2. Natural Gas Supply Chain (EQT, LBRT)
3. Secondary mining stocks + secondary OEM (CIFR, HUT, TSEM)
Very interesting,
I see this dude even bought Wu Jihan’s Bitdeer.
Looks like he’s really bullish on data centers,
and not betting on the execution of a single company.
Copy the homework, comrades.
The much-anticipated OPENAI researcher Leopold Aschenbrenner has just revealed the latest AI holdings of the SAF fund.
Let me sum it up in one sentence,
Long on power, racks, and storage;
Short on logic chip complexes (GPU/ASIC/foundry/lithography).
Buying Put options worth up to 8.46 billion,
Actually, I think he’s hedging against an overheated market in Q1 rather than going fully bearish.
His current top 5 holdings this quarter:
1. Fuel Cell Company BE — 879M (but he reduced his position)
2. SanDisk SNDK — 724M
3. CRWV — 556M (increased position)
4. My favorite stock IREN — 401M (he added to it)
5. CORZ — 389M (also reduced)
Newly established stocks. We’re cutting the small long positions.
The core new directions are three:
1. TE (local solar, new piece in power generation)
2. SHAZ (AI computing underdog, betting on the second tier)
3. HIVE (mining company getting into AI)
Completely liquidated the three AI side plays,
1. Optical Communication (LITE, COHR)
2. Natural Gas Supply Chain (EQT, LBRT)
3. Secondary mining stocks + secondary OEM (CIFR, HUT, TSEM)
Very interesting,
I see this dude even bought Wu Jihan’s Bitdeer.
Looks like he’s really bullish on data centers,
and not betting on the execution of a single company.
Copy the homework, comrades.
