25-Year-Old AI Stock Prodigy Reveals Q1 Holdings: Portfolio Surges 148% QoQ to $13.6 Billion
May 18: 25-year-old Wall Street AI stock wunderkind Leopold Aschenbrenner’s fund, Situational Awareness LP, has released its Q1 holdings report via a mandatory 13F filing. As of March 31, the fund’s assets under management (AUM) surged 148% to $13.6 billion. Below are its holdings worth $1 billion or more, as outlined in the filing:
- VanEck ETF Trust (SMH): $2.053 billion (99.5% of position in put options)
- NVIDIA Corporation (NVDA): $1.569 billion
- Sandisk Corp (SNDK): $1.113 billion
- Oracle Corp (ORCL): $1.073 billion
- Micron Technology Inc (MU): $1.012 billion
- Broadcom Inc (AVGO): $1.006 billion
### Background on Aschenbrenner and his fund
Leopold Aschenbrenner, founder of Situational Awareness LP, is a German investment prodigy born between 2001 and 2002. He previously worked at the FTX Future Fund, then joined OpenAI as a researcher in 2023 before being fired in 2024 over allegations of leaking confidential information and failing to cooperate with an internal investigatio
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Base Protocol AI Track Sees Small-Cap Rotation, with Multiple Tokens Such as GITLAWB Doubling in Market Cap Within a Week
May 18th, as per GMGN monitoring, the Base ecosystem fund has recently reallocated a portion of its holdings from early-stage projects like Clanker and VIRTUAL to more dynamic AI-focused initiatives. Even though the broader market is in a correction phase today, several tokens within the Base ecosystem are bucking the trend, with stabilized market capitalizations and even notable gains. The key performances are as follows:
POD: Currently boasts a market cap of $184 million, with a 139% weekly gain and hitting a new high of $238 million this morning. It serves as the default uncensored AI model provider on the Venice platform, and is benefiting from continued momentum in the VVV market;
BNKR: Has a market cap of $55.1 million, with a 72% weekly increase, and reached a recent peak of $70 million this morning. It’s an AI-driven automated trading project—projects launched on its platform have been gaining traction lately, drawing significant attention and capital inflows;
GITLAWB: Reports
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Anchorage associated address withdrew 397,000 HYPE from CEX, worth approximately $18 million
May 18: Per Onchain Lens monitoring, an address linked to Anchorage Digital pulled 397,000 HYPE tokens from Bybit and OKX, totaling roughly $18 million in value. That same wallet has stacked up a total of 2.13 million HYPE tokens over the past month, worth approximately $91.99 million.
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Vitalik to Discuss Ethereum High-Performance Apps and ZK Rollup Scaling Roadmap with Lighter Founder Tonight at 11:00 PM
May 18: Ethereum co-founder Vitalik Buterin will join a fireside chat today at 11:00 PM UTC+8, sitting down with Joseph Lubin—co-founder of both Ethereum and Consensys—and Vlad Novakovski, founder of Lighter. The discussion will focus on high-performance use cases within the Ethereum ecosystem, covering key topics like progress in Ethereum ZK Rollup applications, the scalability roadmap, and the future direction of Decentralized Finance (DeFi).
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ETH/BTC exchange rate hits a new low for this bear market cycle, currently standing at 0.02752
May 18 — Per HTX market data, Bitcoin hit $77,000 this morning, while Ethereum extended its losses. The ETH/BTC exchange rate has notched a new low for this bear market, now trading at 0.02752.
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Bloomberg: The revenue-sharing provision of the *Clarity Act* compromise will solidify Circle's leading position, with stablecoin supply hitting a record high, strengthening its position
May 18 marked a pivotal legislative step for U.S. policymakers advancing the Clarity Act, which cleared a key 15-9 vote and locked in a bipartisan compromise on stablecoin yield rules. Bernstein analysts note this provision will structurally benefit Circle, further reinforcing its market position.
The compromise text prohibits issuers from offering passive yields on stablecoin balances equivalent to interest on bank deposits, but explicitly allows incentives tied to actual usage—such as rewards for transactions, payments, and other real-world use cases.
Notably, Circle does not directly provide passive yields to USDC holders itself; instead, it runs incentive programs through partners like Coinbase, using distribution arrangements and usage-based reward structures.
In a Monday client report, Gautam Chhugani-led Bernstein team outlined that this legislative language safeguards "usage-based incentives" and the distribution framework supporting USDC growth, while curbing the prior mark
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