Leopold Aschenbrenner - Situational Awareness Partners Options Holdings (Q3 2025)
As of Sep 30, 2025, the Situational Awareness Partners portfolio disclosed options positions in its latest SEC 13F filing reported on May 18, 2026. These filings include call and put options tied to underlying equity holdings, providing a deeper look at the fund's use of derivatives for exposure and hedging.
The reported options activity included 1 call contract and 5 put contracts across companies such as Intel Corporation (INTC), NVIDIA Corporation (NVDA), VanEck Gold Miners ETF (GDX). Options positions can signal strategies around hedging risk, enhancing leverage, or adjusting portfolio exposure during market shifts.
Options Positions
Showing 6 of 6 positions.
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q3 2025 | INTC | Intel Corporation | CALL | 20,237,400 | $678,964,770.00 |
| Q3 2025 | NVDA | NVIDIA Corporation | PUT | 1,600,000 | $298,528,000.00 |
| Q3 2025 | GDX | VanEck Gold Miners ETF | PUT | 600,000 | $195,816,000.00 |
| Q3 2025 | AVGO | Broadcom Inc. | PUT | 230,000 | $75,879,300.00 |
| Q3 2025 | TSM | Taiwan Semiconductor Manufactur | PUT | 270,000 | $75,408,300.00 |
| Q3 2025 | MU | Micron Technology, Inc. | PUT | 300,000 | $50,196,000.00 |
Note: Notional value represents the total exposure of the options position.