PhoTime
Oct 17, 5:06 PM
VARA held about 10.9M
$CRWV shares as of June 30, plus big bets on
$NBIS,
$BE and
$LITE. It reported
$40.1B in positions against about
$9.1B in assets, which some analysts read as 4x+ leverage. It already lost 44% in July. On Oct 15, rumours spread that it may had blown up. A person familiar with the fund said it's "doing fine" though. Nothing is confirmed yet.
Situational Awareness already blew up once. It fell 67% in July and sold most of its stock portfolio to Citadel at a discount. It has since then been reportedly been buying
$CRWV and
$BE again. That's worth watching as well, but its current size and leverage aren't public.
These are rumours, not facts. The next 13F filings land mid-November and will show who was really exposed.
Educational only, not financial advice.
$QQQ
