Leopold Aschenbrenner's 2026 recap so far
$225M to $45B to a fire sale to buying it all back:
1. Fired from OpenAI's Superalignment team April 2024
2. Publishes "Situational Awareness," goes viral in June 2024
3. Launches fund, $225M seed from the Collison brothers, Nat Friedman, Daniel Gross in July 2024
4. Discloses $254.8M across 6 holdings in his first 13F, filed in February 2025
5. DeepSeek panic hits the market, he buys into the dip in January 2025
6. Portfolio grows to $5.52B across 29 holdings, filed in February 2026
7. Files a $13.68B, 42-holding 13F rotating from chips into power infrastructure in May 2026
8. AUM hits $45B, up 439% YTD, running up to 4x leverage in early July 2026
9. AI infrastructure stocks crack, margin calls hit from Goldman, JPMorgan, Bank of America
10. Forced to sell his entire public book to Ken Griffin's Citadel at a discount
11. AUM falls from $45B to $10B in three weeks
12. Gets married the same week, to Anthropic's chief of staff
13. JPMorgan cuts him off as a lender, he moves to Clear Street
14. Deploys $400M into a private company, on top of $100M the month before
15. Starts buying AI options again on $AMD, $BE, $CRWV, $SKHY in September 2026
16. Up 80% YTD, carried by $5B Anthropic stake up 620% YTD
17. Next 13F comes due in November 16 2026
And currently on Autopilot, the 'Leopold Tracker' doesn't use leverage and is up 78% from March 5th to Sept 24th
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