The filing shows the fund’s reported assets rose 148% quarter over quarter to 136 as of March 31, alongside heavier downside hedging in AI and semiconductor-linked positions.
Situational Awareness LP disclosed first-quarter holdings that included about $8.459 billion in reported put options, according to the filing. As of March 31, the fund’s assets increased 148% from the prior quarter to 136. The document also indicated expanded downside protection tied to artificial intelligence and semiconductor-related assets, suggesting a more defensive positioning around sectors that have been central to recent equity market gains.