Loading…
Investors / Leopold Aschenbrenner
Leopold Aschenbrenner
$13.7B AUM · $2.8B long-equity AI exposure · pure AGI thesis with active hedges — puts on AMD/ASML/AVGO
13F
23 positions · Q2 2026AI holdings · 18 tickers
$19.85B| # | Ticker | Company | Layer | Value | Shares | % of AUM | Entry quarter |
|---|---|---|---|---|---|---|---|
| 1 | SNDK | $5.7B | 28.0% | ||||
| 2 | MU | $5.6B | 27.5% | ||||
| 3 | BE | $1.9B | 9.4% | ||||
| 4 | TSM | $1.3B | 6.3% | ||||
| 5 | NBIS | $1.2B | 6.1% | ||||
| 6 | CRWV | $744.5M | 3.7% | ||||
| 7 | CORZ | $665.6M | 3.3% | ||||
| 8 | STM | $584.3M | 2.9% | ||||
| 9 | APLD | $469M | 2.3% | ||||
| 10 | RIOT | $468.2M | 2.3% | ||||
| 11 | SHAZ | $456.8M | 2.3% | ||||
| 12 | IREN | $433.3M | 2.1% | ||||
| 13 | CLSK | $178.6M | 0.9% | ||||
| 14 | SEI | $90.9M | 0.4% | ||||
| 15 | BTDR | $54.6M | 0.3% | ||||
| 16 | HIVE | $33.2M | 0.2% | ||||
| 17 | BW | $28.6M | 0.1% | ||||
| 18 | CBRS | $2.2M | 0.0% |
Other holdings · 5 tickers
$314.8M · non-AI| # | Ticker | Company | Value | Shares | % of AUM | Entry quarter |
|---|---|---|---|---|---|---|
| 19 | KEEL | $151.8M | 0.8% | |||
| 20 | WYFI | $68.3M | 0.3% | |||
| 21 | TE | $46.5M | 0.2% | |||
| 22 | PUMP | $28.1M | 0.1% | |||
| 23 | VSH | $20.2M | 0.1% |
This page surfaces Aschenbrenner's universe-eligible AI/Robotics/Power positions. He also holds INFY (AI consulting), ProPetro, T1 Energy, WhiteFiber, and small speculative names that fall outside our current AI value-chain definition. Put options on AMD/ASML/AVGO are listed separately under Hedges and excluded from the AI value total.
13G/13D
2 active stakes · SEC ≥5% filings| Ticker | Company | Filing | Filing Date | % Stake | Shares | Value | Action | |
|---|---|---|---|---|---|---|---|---|
| NBIS | Nebius Group NV | SC 13G | 2026-05-27 | 5.6% | 12.4M shares | — | NEW | |
| CORZ | Core Scientific Inc | SC 13D/A | 2025-10-14 | 9.4% | 28.8M shares | — | AMEND |
Per SEC rules, investors must disclose ≥5% positions within 5-10 days of crossing the threshold; this section reflects filings since the latest 13F.
Hedges & Tactical Bets
Put options and call options
- BE↑ Call$44MNotional145,800 shares
- TSM↑ Call$24MNotional50,000 shares
- INFY↓ Put$5MNotional500,000 shares
Holdings Timeline
Include non-AI changes (44)
Q4 2024
Q1 2025
Q2 2025
Q3 2025
Q4 2025
Q1 2026
Q2 2026
SNDK
—
—
—
NEW+115K
ADD+939K
ADD+86K
ADD+1M
MU
—
—
—
—
—
NEW+17K
ADD+5M
SMH↓ Put
—
—
NEW+2M
—
—
NEW+5M
—
BE
—
—
—
—
NEW+10M
TRIM−4M
TRIM−213K
NVDA↓ Put
—
—
—
NEW+2M
—
NEW+9M
—
TSM
—
—
—
—
—
NEW+22K
ADD+3M
NBIS
—
—
—
—
—
—
NEW+4M
ORCL↓ Put
—
—
—
—
—
NEW+7M
—
AVGO↓ Put
—
—
—
NEW+230K
—
NEW+3M
—
AMD↓ Put
—
—
—
—
—
NEW+5M
—
INTC↑ Call
—
NEW+20M
HOLD
HOLD
HOLD
—
—
CRWV
—
NEW+1M
—
NEW+4M
ADD+2M
ADD+1M
ADD+302K
CORZ
—
NEW+5M
ADD+3M
ADD+12M
ADD+9M
TRIM−3M
HOLD
STM
—
—
—
—
—
—
NEW+8M
MU↓ Put
—
—
—
NEW+300K
—
NEW+2M
—
TSM↓ Put
—
—
—
NEW+270K
—
NEW+2M
—
ASML↓ Put
—
—
—
—
—
NEW+374K
—
APLD
—
NEW+4M
ADD+3M
TRIM−528K
ADD+5M
ADD+2M
ADD+2M
RIOT
—
—
—
NEW+4M
ADD+3M
ADD+5M
ADD+6M
SHAZ
—
—
—
—
—
NEW+796K
ADD+5M
IREN
—
NEW+3M
ADD+3M
ADD+820K
ADD+1M
ADD+3M
TRIM−2M
MU↑ Call
—
—
—
—
—
NEW+1M
—
SNDK↑ Call
—
—
—
—
—
NEW+612K
—
CRWV↓ Put
—
—
—
NEW+1M
—
—
—
CLSK
—
—
—
—
NEW+2M
ADD+11M
HOLD
INTC↓ Put
—
—
—
—
—
NEW+4M
—
CRWV↑ Call
—
—
—
NEW+2M
ADD+9M
TRIM−9M
—
SEI
—
—
—
NEW+1M
ADD+716K
TRIM−761K
ADD+24K
BTDR
—
—
—
NEW+930K
ADD+858K
ADD+2M
HOLD
BE↑ Call
—
—
—
—
NEW+409K
HOLD
TRIM−263K
HIVE
—
—
—
—
—
NEW+3M
ADD+6M
BW
—
—
—
—
NEW+1M
HOLD
ADD+674K
TSM↑ Call
—
—
—
—
—
NEW+1M
TRIM−1M
GLW↓ Put
—
—
—
—
—
NEW+155K
—
INFY↓ Put
—
—
—
—
NEW+500K
HOLD
HOLD
CBRS
—
—
—
—
—
—
NEW+10K
ASML
—
—
—
—
—
NEW+5K
DROP
INTC
—
—
—
—
NEW+1
ADD+202K
DROP
GLW
—
—
—
—
—
NEW+5K
DROP
SMH
—
—
—
—
—
NEW+27K
DROP
AVGO
—
NEW+700K
ADD+492K
—
DROP
—
DROP
AMD
—
—
—
—
—
NEW+99K
DROP
BITF
—
—
—
—
NEW+7M
ADD+13M
DROP
PSIX
—
—
—
—
NEW+432K
HOLD
DROP
ORCL
—
—
—
—
—
—
NEW
NVDA
—
—
—
—
—
NEW+3K
DROP
COHR
—
—
—
NEW+154K
ADD+326K
DROP
—
CIFR
—
—
—
—
NEW+10M
DROP
—
HUT
—
—
—
NEW+599K
ADD+261K
DROP
—
INFY
—
—
—
—
—
NEW
—
LITE
—
—
—
—
NEW+1M
DROP
—
STX
—
—
—
NEW+49K
DROP
—
—
ONTO
—
NEW+587K
DROP
—
—
—
—
VRT
HOLD
DROP
—
—
—
—
—
MRVL
HOLD
DROP
—
—
—
—
—
Not held
low → high position value
Hover any cell for share + value delta| Period | Action | Ticker | Δ Shares | Δ Value |
|---|---|---|---|---|
| Q2 2026 | ADD | MU | +4,811,424 | +$5.6B |
| Q2 2026 | ADD | SNDK | +1,355,225 | +$4.9B |
| Q2 2026 | ADD | TSM | +2,626,612 | +$1.3B |
| Q2 2026 | NEW | NBIS | +4,464,260 | +$1.2B |
| Q2 2026 | TRIM | BE | -212,600 | +$1B |
| Q2 2026 | NEW | STM | +7,802,700 | +$584.3M |
| Q2 2026 | ADD | SHAZ | +4,600,019 | +$438.7M |
| Q2 2026 | TRIM | TSM↑ Call | -1,000,000 | $-331M |
| Q2 2026 | ADD | RIOT | +5,597,863 | +$326M |
| Q2 2026 | ADD | CRWV | +301,639 | +$188.4M |
| Q2 2026 | ADD | APLD | +1,906,178 | +$149M |
| Q2 2026 | DROP | BITF | -19,875,840 | $-38.8M |
| Q2 2026 | TRIM | IREN | -2,224,736 | +$32.2M |
| Q2 2026 | ADD | SEI | +24,070 | +$28.4M |
| Q2 2026 | ADD | HIVE | +5,742,179 | +$26.8M |
| Q2 2026 | DROP | PSIX | -432,300 | $-26.3M |
| Q2 2026 | DROP | AMD | -99,138 | $-20.2M |
| Q2 2026 | TRIM | BE↑ Call | -262,700 | $-11.2M |
| Q2 2026 | DROP | SMH | -26,950 | $-10.3M |
| Q2 2026 | DROP | INTC | -202,344 | $-8.9M |
| Q2 2026 | ADD | BW | +673,551 | +$8.7M |
| Q2 2026 | DROP | ASML | -4,633 | $-6.1M |
| Q2 2026 | NEW | CBRS | +10,000 | +$2.2M |
| Q2 2026 | DROP | GLW | -5,283 | $-718K |
| Q2 2026 | DROP | NVDA | -2,855 | $-498K |
| Q2 2026 | DROP | AVGO | 0 | $0 |
| Q2 2026 | NEW | ORCL | 0 | $0 |
| Q1 2026 | NEW | SMH↓ Put | +5,327,900 | +$2B |
| Q1 2026 | NEW | NVDA↓ Put | +8,992,300 | +$1.6B |
| Q1 2026 | NEW | ORCL↓ Put | +7,293,000 | +$1.1B |
| Q1 2026 | NEW | AVGO↓ Put | +3,251,100 | +$1B |
| Q1 2026 | NEW | AMD↓ Put | +4,764,100 | +$969.2M |
| Q1 2026 | TRIM | CRWV↑ Call | -9,000,000 | $-633.9M |
| Q1 2026 | NEW | MU↓ Put | +1,727,700 | +$583.7M |
| Q1 2026 | NEW | TSM↓ Put | +1,583,400 | +$535.1M |
| Q1 2026 | NEW | ASML↓ Put | +374,100 | +$494.1M |
| Q1 2026 | DROP | LITE | -1,298,400 | $-478.6M |
| Q1 2026 | ADD | SNDK | +85,919 | +$474.1M |
| Q1 2026 | NEW | MU↑ Call | +1,250,000 | +$422.3M |
| Q1 2026 | NEW | SNDK↑ Call | +611,900 | +$388.8M |
| Q1 2026 | NEW | TSM↑ Call | +1,050,000 | +$354.8M |
| Q1 2026 | NEW | INTC↓ Put | +3,605,400 | +$159.1M |
| Q1 2026 | DROP | CIFR | -10,469,093 | $-154.5M |
| Q1 2026 | ADD | CRWV | +1,079,107 | +$119.3M |
| Q1 2026 | DROP | COHR | -480,300 | $-88.6M |
| Q1 2026 | ADD | CLSK | +10,635,739 | +$87.9M |
| Q1 2026 | ADD | IREN | +2,998,214 | +$72.4M |
| Q1 2026 | ADD | RIOT | +5,334,437 | +$64M |
| Q1 2026 | ADD | APLD | +2,139,378 | +$41.9M |
| Q1 2026 | DROP | HUT | -860,200 | $-39.5M |
| Q1 2026 | TRIM | CORZ | -2,748,005 | $-29.6M |
| Q1 2026 | TRIM | SEI | -760,949 | $-23.3M |
| Q1 2026 | ADD | BITF | +12,978,740 | +$22.5M |
| Q1 2026 | NEW | GLW↓ Put | +154,600 | +$21M |
| Q1 2026 | NEW | AMD | +99,138 | +$20.2M |
| Q1 2026 | NEW | SHAZ | +796,108 | +$18.1M |
| Q1 2026 | NEW | SMH | +26,950 | +$10.3M |
| Q1 2026 | ADD | BTDR | +1,651,450 | +$9.7M |
| Q1 2026 | ADD | INTC | +202,343 | +$8.9M |
| Q1 2026 | NEW | TSM | +22,423 | +$7.6M |
| Q1 2026 | NEW | HIVE | +3,391,547 | +$6.4M |
| Q1 2026 | NEW | ASML | +4,633 | +$6.1M |
| Q1 2026 | NEW | MU | +17,362 | +$5.9M |
| Q1 2026 | TRIM | BE | -3,590,614 | +$3.2M |
| Q1 2026 | NEW | GLW | +5,283 | +$718K |
| Q1 2026 | NEW | NVDA | +2,855 | +$498K |
| Q1 2026 | NEW | INFY | 0 | $0 |
| Q4 2025 | NEW | BE | +10,076,022 | +$875.5M |
| Q4 2025 | NEW | LITE | +1,298,400 | +$478.6M |
| Q4 2025 | ADD | CRWV↑ Call | +8,500,000 | +$457.7M |
| Q4 2025 | ADD | SNDK | +939,200 | +$237.3M |
| Q4 2025 | NEW | CIFR | +10,469,093 | +$154.5M |
| Q4 2025 | ADD | APLD | +5,274,905 | +$138.9M |
| Q4 2025 | ADD | CRWV | +1,983,356 | $-126.5M |
| Q4 2025 | ADD | COHR | +325,900 | +$72M |
| Q4 2025 | ADD | CORZ | +8,575,944 | +$56.7M |
| Q4 2025 | ADD | SEI | +716,200 | +$39.8M |
| Q4 2025 | NEW | BE↑ Call | +408,500 | +$35.5M |
| Q4 2025 | NEW | PSIX | +432,300 | +$24.7M |
| Q4 2025 | ADD | HUT | +261,200 | +$18.7M |
| Q4 2025 | NEW | CLSK | +1,640,400 | +$16.6M |
| Q4 2025 | NEW | BITF | +6,897,100 | +$16.2M |
| Q4 2025 | DROP | STX | -48,567 | $-11.5M |
| Q4 2025 | ADD | IREN | +1,480,200 | $-10.2M |
| Q4 2025 | ADD | RIOT | +2,575,001 | +$9.8M |
| Q4 2025 | NEW | INFY↓ Put | +500,000 | +$8.9M |
| Q4 2025 | NEW | BW | +1,353,900 | +$8.6M |
| Q4 2025 | ADD | BTDR | +858,400 | +$4.2M |
| Q4 2025 | NEW | INTC | +1 | +$37 |
| Q4 2025 | DROP | AVGO | 0 | $0 |
| Q3 2025 | NEW | CRWV | +4,115,456 | +$563.2M |
| Q3 2025 | NEW | CRWV↑ Call | +2,314,500 | +$316.7M |
| Q3 2025 | NEW | NVDA↓ Put | +1,600,000 | +$298.5M |
| Q3 2025 | ADD | IREN | +820,037 | +$245.6M |
| Q3 2025 | ADD | CORZ | +12,186,496 | +$225.6M |
| Q3 2025 | NEW | CRWV↓ Put | +1,400,000 | +$191.6M |
| Q3 2025 | NEW | AVGO↓ Put | +230,000 | +$75.9M |
| Q3 2025 | NEW | TSM↓ Put | +270,000 | +$75.4M |
| Q3 2025 | TRIM | APLD | -527,645 | +$72.7M |
| Q3 2025 | NEW | RIOT | +3,592,699 | +$68.4M |
| Q3 2025 | NEW | MU↓ Put | +300,000 | +$50.2M |
| Q3 2025 | NEW | SEI | +1,150,300 | +$46M |
| Q3 2025 | NEW | HUT | +599,000 | +$20.9M |
| Q3 2025 | NEW | COHR | +154,400 | +$16.6M |
| Q3 2025 | NEW | BTDR | +929,600 | +$15.9M |
| Q3 2025 | NEW | SNDK | +115,000 | +$12.9M |
| Q3 2025 | NEW | STX | +48,567 | +$11.5M |
| Q2 2025 | NEW | SMH↓ Put | +2,044,100 | +$570.1M |
| Q2 2025 | ADD | AVGO | +491,606 | +$211.3M |
| Q2 2025 | ADD | CORZ | +3,472,460 | +$103.7M |
| Q2 2025 | ADD | IREN | +3,034,254 | +$72.8M |
| Q2 2025 | DROP | ONTO | -586,717 | $-71.2M |
| Q2 2025 | ADD | APLD | +2,556,200 | +$43.7M |
| Q1 2025 | NEW | INTC↑ Call | +20,237,400 | +$459.6M |
| Q1 2025 | NEW | AVGO | +700,000 | +$117.2M |
| Q1 2025 | DROP | MRVL | -785,896 | $-86.8M |
| Q1 2025 | NEW | ONTO | +586,717 | +$71.2M |
| Q1 2025 | DROP | VRT | -455,146 | $-51.7M |
| Q1 2025 | NEW | CRWV | +1,225,000 | +$45.4M |
| Q1 2025 | NEW | CORZ | +4,521,578 | +$32.7M |
| Q1 2025 | NEW | APLD | +4,035,600 | +$22.7M |
| Q1 2025 | NEW | IREN | +3,366,130 | +$20.5M |