13F filing recap · Q3 2025

What did Situational Awareness LP buy in Q3 2025?

Reported stock-position changes between this filing and the previous one.

Stock value

$2.24B

Positions

Estimated turnover

110.0%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Quarter in review

Situational Awareness LP opened new positions in Coreweave, Galaxy Digital, Cipher Digital, Riot Platforms, Lumentum Holdings, Solaris Energy Infrastructure, Bloom Energy, Tower Semiconductor, Hut 8, Western Digital, Coherent, Bitdeer Technologies, Sandisk, and Seagate Technology. The firm exited Broadcom and Constellation Energy entirely. It also sharply increased its Core Scientific stake, added to Iren and Vistra, trimmed Applied Digital slightly, and substantially reduced Eqt Corporation.

New positions

CRWVCoreweave, Inc.$563.20Mreported value+4.12M shares GLXYGalaxy Digital Inc.$92.55Mreported value+2.74M shares CIFR 1.75 05/15/30Cipher Digital Inc.$72.27Mreported value+5.74M shares RIOTRiot Platforms, Inc.$68.37Mreported value+3.59M shares

Increased positions

CORZCore Scientific, Inc./tx$362.04Mreported value+12.19M shares+152.4%IRENIren Limited$338.85Mreported value+820.0K shares+12.8%VSTVistra Corp.$252.33Mreported value+13.7K shares+1.1%

Reduced positions

APLDApplied Digital Corporation$139.11Mreported value-527.6K shares-8.0%EQTEqt Corporation$66.26Mreported value-928.0K shares-43.3%

Exited positions

AVGOBroadcom Inc.$328.47Mprior reported value-1.19M shares-100.0%CEGConstellation Energy Corporation$103.02Mprior reported value-319.2K shares-100.0%