{"id":48919,"date":"2026-07-31T18:41:27","date_gmt":"2026-07-31T18:41:27","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=48919"},"modified":"2026-07-31T18:41:27","modified_gmt":"2026-07-31T18:41:27","slug":"billionaire-ken-griffins-citadel-swoops-in-on-ai-portfolio-of-hedge-fund-that-just-suffered-deep-losses-report","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=48919","title":{"rendered":"Billionaire Ken Griffin\u2019s Citadel Swoops In on AI Portfolio of Hedge Fund That Just Suffered Deep Losses: Report"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"600\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2025\/08\/chase-dollar-jpm.jpg?resize=1024,600\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" \/><\/p>\n<p>Leopold Aschenbrenner\u2019s Situational Awareness hedge fund has transferred the majority of its publicly traded stock positions to Citadel after incurring substantial losses on artificial intelligence bets.<\/p>\n<p>The transaction follows efforts by the firm to find buyers for those holdings and attract fresh investor money in recent days, <a href=\"https:\/\/www.wsj.com\/finance\/citadel-buys-situational-awarenesss-stock-portfolio-after-big-losses-in-ai-5117159b?mod=rss_markets_main\" rel=\"noopener\" target=\"_blank\">reports<\/a> The Wall Street Journal.<\/p>\n<p>Among the affected positions were shares in South Korean semiconductor producer SK Hynix and other AI infrastructure companies that declined sharply amid broader market skepticism toward the sector. SK Hynix recently reported a 557% year-over-year increase in operating profit and its stock price is up by around 16% at the time of writing.<\/p>\n<p>The fund, launched roughly two years ago by Aschenbrenner, a former OpenAI researcher, had expanded rapidly to manage well over $20 billion before the recent downturn.<\/p>\n<p>Millennium Management, a hedge fund, also submitted a bid for the portfolio during the sale process.<\/p>\n<p>Situational Awareness continues to hold its private equity investments, which encompass positions in leading AI developer Anthropic.<\/p>\n<p>Additional reporting indicates the fund experienced sharp recent drawdowns in long AI infrastructure names alongside adverse moves in certain short positions, though it remained significantly positive on a year-to-date basis through June.<\/p>\n<p>The firm has communicated with investors about potential capital commitments starting in August and highlighted upcoming catalysts such as a possible Anthropic initial public offering.<\/p>\n<p><em><span>Follow us on <a href=\"https:\/\/x.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span>Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<div class=\"dianomi_context\" data-dianomi-context-id=\"736\"><\/div>\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/dailyhodl.com\/2026\/07\/31\/billionaire-ken-griffins-citadel-swoops-in-on-ai-portfolio-of-hedge-fund-that-just-suffered-deep-losses-report\/\">Billionaire Ken Griffin\u2019s Citadel Swoops In on AI Portfolio of Hedge Fund That Just Suffered Deep Losses: Report<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/dailyhodl.com\/\">The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Leopold Aschenbrenner\u2019s Situational Awareness hedge fund has transferred the majority of its publicly traded stock positions to Citadel after incurring substantial losses on artificial intelligence bets. The transaction follows efforts by the firm to find buyers for those holdings and attract fresh investor money in recent days, reports The Wall Street Journal. Among the affected [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48920,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-48919","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Billionaire Ken Griffin\u2019s Citadel Swoops In on AI Portfolio of Hedge Fund That Just Suffered Deep Losses: Report - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=48919\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Billionaire Ken Griffin\u2019s Citadel Swoops In on AI Portfolio of Hedge Fund That Just Suffered Deep Losses: Report - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Leopold Aschenbrenner\u2019s Situational Awareness hedge fund has transferred the majority of its publicly traded stock positions to Citadel after incurring substantial losses on artificial intelligence bets. The transaction follows efforts by the firm to find buyers for those holdings and attract fresh investor money in recent days, reports The Wall Street Journal. 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