Ken Griffin's Citadel sheds over $4 billion of Situational Awareness' bets

Saturday, August 22, 2026 - 22:18
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Ken Griffin's Citadel sheds over $4 billion of Situational Awareness' bets
Situational, an AI-focused ‌hedge fund run by former OpenAI researcher Aschenbrenner, sold the bulk of its stock bets to Citadel last month after heavy losses in its tech holdings forced it to unwind most of its public equities portfolio

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