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Why Situational Awareness hedge fund imploded, even in a tame stock market

Markets CNBC By CNBC 31 Jul 2026 16:14 1 min read
Why Situational Awareness hedge fund imploded, even in a tame stock market

Leopold Aschenbrenner's $45 billion hedge fund was forced to slash public stock positions after a historic momentum reversal triggered margin calls.

Leopold Aschenbrenner's $45 billion hedge fund was forced to slash public stock positions after a historic momentum reversal triggered margin calls.

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