Leopold Aschenbrenner, the alleged OpenAI leaker, has become a rising star in investing since leaving the company in 2024, with his Situational Awareness LP hedge fund becoming a top performer for shareholders in 2026.
Specifically, data shared by the company shows that this investment vehicle has seen a significant 61% increase in asset value in just two months. autopilot – Trading bot platform responsible for many popular automated and copy trading strategies – May 1 on X.
Latest news: Leopold is closing in on the big game.
1 week ago: $5,000,000
Today: $9,000,000Leopold Aschenbrenner tracker is already up 61% in less than 2 months
He had $5.29 billion under management this year, according to recent filings.
That portfolio is now expected to look like this… pic.twitter.com/Rjt5716UOe
— Autopilot (@joinautopilot) May 1, 2026
The performance is made even more impressive by the fact that portfolios that emulate Aschenbrenner’s strategy have trading lags compared to actual hedge funds.
Situated Aware Hedge Fund Investment Strategies
An examination of Situational Awareness LP’s most recent available 13-F filings reveals a strategy consistent with Mr. Aschenbrenner’s background as an artificial intelligence (AI) researcher, and may even have taken advantage of most traders’ relative ignorance regarding the details of the technology.
Specifically, unlike most investors, who have been deeply involved in the acquisition of prominent technology companies such as Nvidia (NASDAQ: NVDA) due to their involvement in the boom, hedge funds are building positions in companies involved in the necessary underlying infrastructure.
Situational Awareness maximum investment increases by 240% in 2026
Situational Awareness’s largest holding at the end of 2025 was Bloom Energy (NYSE:BE), accounting for 16% of its $5.5 billion total portfolio. In addition to the impressive rally in 2025, which saw the stock rise more than 1,500% in the past 12 months, 2026 also delivered a strong performance.
Specifically, BE stock has gained 239.38% over the last year as its price ended at $86.89 and rose to $294.89. Aschenbrenner’s position in the company, which makes solid oxide fuel cells (SOFCs) used in AI data centers, has therefore increased from $875 million as of Dec. 31 to nearly $3 billion as of May 4, 2026, as of this writing.
Most of Aschenbrenner’s bets are on AI infrastructure stocks
The investment pattern can be seen in other major stocks as well. In fact, the hedge fund’s second and third positions consisted of bullish options on data center company Coreweave (NASDAQ:CRWV) and influential semiconductor giant Intel (NASDAQ:INTC).
Elsewhere, Leopold Aschenbrenner is playing a key role in continuing and expanding the AI boom.
His other major investments include Lumentum Holdings (NASDAQ: LITE), a large optical manufacturer deeply embedded in the communications supply chain, and SanDisk (NASDAQ: SNDK), a memory giant that has experienced explosive growth since returning to the stock market in early 2025.
SNDK stock is up 400% in 2026, meaning the $250 million position is now worth $1.25 billion at press time. LITE stock has increased 167.14% year-to-date (year-to-date), adding $800 million in value to the situational awareness stock, reported at $478 million in its most recent 13-F.
This is the only bearish bet on situational awareness in the latest 13-F.
Finally, the hedge fund reported just one bearish bet worth just under $9 million on Indian multinational technology company Infosys (NSE: INFY) in its latest quarterly disclosure.
Still, differences in the nature of bets are not reflected in differences in situational awareness success, with INFY down 28.34% year-to-date.
Featured image via Shutterstock
