Aschenbremer's hedge fund liquidates entire stock portfolio, seeks new capital

Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, liquidated its entire stock portfolio on Thursday morning, offloading both long and short positions simultaneously. Most of the assets were taken on by Ken Griffin's Citadel. The move was not a routine investment decision — the fund is now seeking fresh capital, according to CNBC sources.