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Bloomberg

Citadel Offloads Risk From Situational Awareness

Friday, August 21, 2026


Ken Griffin's Citadel acquired a stock portfolio from Situational Awareness, an AI hedge fund led by Leopold Aschenbrenner, last month. Citadel has since offloaded more than 80% of the aggregate risk associated with that portfolio. The specific terms and timing of the risk transfer were not disclosed.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-21/citadel-offloads-risk-from-situational-awareness-video

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