By Brian Yalung
Publication Date: 2026-05-19 11:22:00
Leopold Aschenbrenner, the former OpenAI researcher turned hedge fund manager who has argued that artificial general intelligence (AGI) deserves more attention than AI chips, has backed up this theory with a major portfolio repositioning.
This followed Aschenbrenner’s Q1 13F Disclosure filed with the U.S. Securities and Exchange Commission on May 15 and accepted on May 18. It revealed that its disclosed equity exposure has increased from $5.5 billion to $13.67 billion, focusing on energy infrastructure, computing capacity and crypto-related data centers. These sectors are increasingly seen as critical to supporting the infrastructure required to develop and deploy AGI at scale.
Aschenbrenner’s eye-catching portfolio
The numbers show that Aschenbrenner’s 165-page essay “Situational Awareness” continues to influence his investment approach. In it thesisHe argued against discounting AGI because he believed it was closer than most market participants expected. This perspective is now reflected in his…
