Billionaire investor Leopold Aschenbrenner's Situational Awareness Fund disclosed a position in SharonAI Holdings in its latest quarterly filing, with the stock surging about 196% since the start of the quarter. The 796,108-share stake, valued at roughly $18.1 million at the time of disclosure, is now worth approximately $64.3 million based on the June 26 closing price.
Billionaire investor Leopold Aschenbrenner's Situational Awareness Fund disclosed a position in SharonAI Holdings in its latest quarterly filing, with the stock surging about 196% since the start of the quarter. The 796,108-share stake, valued at roughly $18.1 million at the time of disclosure, is now worth approximately $64.3 million based on the June 26 closing price.
Leopold Aschenbrenner's Situational Awareness Fund disclosed a SharonAI Holdings stake that has returned about 196% this quarter.
The stake was disclosed in a Form 13F filing with the Securities and Exchange Commission, which showed the fund held 796,108 shares of the Australian AI computing company as of the end of the prior quarter. Aschenbrenner, a former OpenAI researcher, founded Situational Awareness in 2024 and has gained attention for early bets on AI infrastructure companies.
SharonAI, one of three Nvidia Cloud Partners in Australia, has surged more than 4,000% over the past six months. The company recently secured about $1.6 billion in financing for an AI data center project with Nvidia and entered a $700 million offering of 4.75% convertible senior notes due 2032. Its shares traded at $80.77 on June 26, up from $27.62 on April 1.
The 196% gain makes SharonAI one of the best-performing holdings in Aschenbrenner's portfolio this quarter. The fund's other disclosed positions include T1 Energy, up about 90% since April, and HIVE Digital Technologies, which has doubled. Investors will watch for the next 13F filing to see whether the fund added to its position or took profits.
SharonAI rents computing power to AI labs and enterprises that need access to Nvidia chips without building their own data centers. The company has signed a $1.25 billion contract with Indian IT services firm ESDS and a $950 million take-or-pay agreement with an unnamed Asia-Pacific technology company, according to company filings. About 75% of Wall Street's revenue forecasts for SharonAI are tied to the ESDS contract, which requires the Indian firm to pay roughly $250 million annually for five years.
This article is for informational purposes only and does not constitute investment advice.
