Situational Awareness LP

SAN FRANCISCO, CA · CIK 0002045724

Portfolio Value: $5.52B

Positions: 25

Period: 2025-12-31

Filed: 2026-02-11

Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024

Portfolio Value

$5.52B

Positions

New

Increased

Decreased

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Situational Awareness LP Q4 2025 13F Filing Summary

Situational Awareness LP (SAN FRANCISCO, CA) reported a portfolio value of $5.52B across 25 positions in their Q4 2025 SEC 13F filing (period ending 2025-12-31). Top holdings include COREWEAVE INC ($1.21B), BLOOM ENERGY CORP ($911.00M), INTEL CORP ($746.76M). The top 10 positions account for 89.7% of the portfolio. This quarter saw 12 new positions, 13 increases, 19 complete exits. Notable new buys: BLOOM ENERGY CORP ($911.00M), LUMENTUM HLDGS INC ($478.58M), CIPHER MINING INC ($154.52M). Notable exits: CIPHER MINING INC, BLOOM ENERGY CORP, GALAXY DIGITAL INC..

All Holdings

#	Stock	CUSIP	Value↓	Shares	Weight	Change
1	COREWEAVE INC COM CL A	21873S108	$1.21B	16,913,312	21.95%	+116.0%
2	BLOOM ENERGY CORP COM CL A	93712107	$911.00M	10,484,522	16.51%	New
3	INTEL CORP COM	458140100	$746.76M	20,237,401	13.54%	+0.0%
4	LUMENTUM HLDGS INC COM	55024U109	$478.58M	1,298,400	8.67%	New
5	CORE SCIENTIFIC INC NEW COM	21874A106	$418.69M	28,756,478	7.59%	+42.5%
6	IREN LIMITED ORDINARY SHARES	Q4982L109	$328.62M	8,700,621	5.96%	+20.5%
7	APPLIED DIGITAL CORP COM NEW	38169207	$278.03M	11,339,060	5.04%	+87.0%
8	SANDISK CORP COM	80004C200	$250.25M	1,054,200	4.54%	+816.7%
9	EQT CORP COM	26884L109	$170.57M	3,182,225	3.09%	+161.4%
10	CIPHER MINING INC COM	17253J106	$154.52M	10,469,093	2.80%	New
11	COHERENT CORP COM	19247G107	$88.65M	480,300	1.61%	+211.1%
12	SOLARIS ENERGY INFRAS INC COM CL A	83418M103	$85.80M	1,866,500	1.56%	+62.3%
13	TOWER SEMICONDUCTOR LTD SHS NEW	M87915274	$84.90M	723,004	1.54%	+53.6%
14	RIOT PLATFORMS INC COM	767292105	$78.14M	6,167,700	1.42%	+71.7%
15	KILROY RLTY CORP COM	49427F108	$49.62M	1,327,700	0.90%	New
16	HUT 8 CORP COM	44812J104	$39.52M	860,200	0.72%	+43.6%
17	WHITEFIBER INC SHS	G96115103	$27.77M	1,757,600	0.50%	New
18	POWER SOLUTIONS INTL INC COM NEW	73933G202	$24.70M	432,300	0.45%	New
19	BITDEER TECHNOLOGIES GROUP CL A ORD SHS	G11448100	$20.04M	1,788,000	0.36%	+92.3%
20	CLEANSPARK INC COM NEW	18452B209	$16.60M	1,640,400	0.30%	New
21	BITFARMS LTD COM	09173B107	$16.21M	6,897,100	0.29%	New
22	LIBERTY ENERGY INC COM CL A	53115L104	$10.47M	567,200	0.19%	New
23	INFOSYS LTD SPONSORED ADR	456788108	$8.91M	500,000	0.16%	New
24	PROPETRO HLDG CORP COM	74347M108	$8.66M	910,300	0.16%	New
25	BABCOCK & WILCOX ENTERPRISES COM	05614L209	$8.58M	1,353,900	0.16%	New

Position Changes

Stock	Value	Shares
BLOOM ENERGY CORP	$911.00M	10,484,522
LUMENTUM HLDGS INC	$478.58M	1,298,400
CIPHER MINING INC	$154.52M	10,469,093
KILROY RLTY CORP	$49.62M	1,327,700
WHITEFIBER INC	$27.77M	1,757,600
POWER SOLUTIONS INTL INC	$24.70M	432,300
CLEANSPARK INC	$16.60M	1,640,400
BITFARMS LTD	$16.21M	6,897,100
LIBERTY ENERGY INC	$10.47M	567,200
INFOSYS LTD	$8.91M	500,000
PROPETRO HLDG CORP	$8.66M	910,300
BABCOCK & WILCOX ENTERPRISES	$8.58M	1,353,900