Investor: Leopold Aschenbrenner
Number of Assets: 29
Reporting Period: Q4 - 2025
Holdings at Report: $5,516,758,344
Return Since Report: +$3,688,420,530
Return Since Report: +66.86%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Bitfarms Ltd. (BITF) | Equity | +100% | 6,897,100 | 0.41% | $2.35 | N/A | $16,208,185 | N/A | N/A | N/A |
| Bloom Energy Corp. (BE) | Equity | +100% | 10,076,022 | 22.37% | $86.89 | $275.95 | $875,505,552 | $2,780,478,271 | +$1,904,972,719 | +217.59% |
| Bloom Energy Corporation (BE) | Call | +100% | 408,500 | N/A | $86.89 | N/A | $35,494,565 | N/A | N/A | N/A |
| Cipher Mining Inc. (CIFR) | Equity | +100% | 10,469,093 | 3.95% | $14.76 | $20.33 | $154,523,813 | $212,836,661 | +$58,312,848 | +37.74% |
| Cleanspark Inc. (CLSK) | Equity | +100% | 1,640,400 | 0.42% | $10.12 | N/A | $16,600,848 | N/A | N/A | N/A |
| Coherent Corp. (COHR) | Equity | +211.08% | 480,300 | 2.27% | $184.57 | $382.45 | $88,648,971 | $183,690,735 | +$95,041,764 | +107.21% |
| Core Scientific Inc. (CORZ) | Equity | +42.50% | 28,756,478 | 10.70% | $14.56 | $24.21 | $418,694,320 | $696,194,332 | +$277,500,012 | +66.28% |
| CoreWeave Inc. (CRWV) | Equity | +48.19% | 6,098,812 | 11.16% | $71.61 | $107.30 | $436,735,927 | $654,402,528 | +$217,666,601 | +49.84% |
| Applied Digital Corp. (APLD) | Equity | +86.98% | 11,339,060 | 7.10% | $24.52 | $42.56 | $278,033,751 | $482,590,394 | +$204,556,643 | +73.57% |
| Babcock & Wilcox Enterprises Inc. (BW) | Equity | +100% | 1,353,900 | 0.22% | $6.34 | N/A | $8,583,726 | N/A | N/A | N/A |
| Bitdeer Technologies Group (BTDR) | Equity | +92.34% | 1,788,000 | 0.51% | $11.21 | $13.35 | $20,043,480 | $23,869,800 | +$3,826,320 | +19.09% |
| Coreweave INC | Call | +100% | 10,814,500 | N/A | $71.61 | N/A | $774,426,345 | N/A | N/A | N/A |
| EQT Corp. (EQT) | Equity | +103.90% | 2,482,225 | 3.40% | $53.60 | $56.21 | $133,047,260 | $139,525,867 | +$6,478,607 | +4.87% |
| EQT Corporation (EQT) | Call | +100% | 700,000 | N/A | $53.60 | N/A | $37,520,000 | N/A | N/A | N/A |
| Hut 8 Corp. (HUT) | Equity | +43.61% | 860,200 | 1.01% | $45.94 | N/A | $39,517,588 | N/A | N/A | N/A |
| Iren Limited (IREN) | Equity | +20.50% | 8,700,621 | 8.40% | $37.77 | $62.21 | $328,622,455 | $541,222,129 | +$212,599,674 | +64.69% |
| Infosys Limited (INFY) | Put | +100% | 500,000 | N/A | $17.82 | N/A | $8,910,000 | N/A | N/A | N/A |
| Intel Corp. (INTC) | Equity | +100% | 1 | 0.00% | $37.00 | $108.77 | $37 | $109 | +$72 | +193.97% |
| Intel Corporation (INTC) | Call | +100% | 20,237,400 | N/A | $36.90 | N/A | $746,760,060 | N/A | N/A | N/A |
| Kilroy Realty Corp. (KRC) | Equity | +100% | 1,327,700 | 1.27% | $37.37 | $34.36 | $49,616,149 | $45,619,772 | -$3,996,377 | -8.05% |
| Liberty Energy Inc. (LBRT) | Equity | +100% | 567,200 | 0.27% | $18.46 | N/A | $10,470,512 | N/A | N/A | N/A |
| Lumentum Holdings Inc. (LITE) | Equity | +100% | 1,298,400 | 12.23% | $368.59 | $970.70 | $478,577,256 | $1,260,356,880 | +$781,779,624 | +163.35% |
| Power Solutions Intl INC | Equity | +100% | 432,300 | 0.63% | $57.14 | N/A | $24,701,622 | N/A | N/A | N/A |
| Propetro Holding Corp. (PUMP) | Equity | +100% | 910,300 | 0.22% | $9.51 | N/A | $8,656,953 | N/A | N/A | N/A |
| Riot Platforms Inc. (RIOT) | Equity | +71.67% | 6,167,700 | 2.00% | $12.67 | $23.49 | $78,144,759 | $144,879,273 | +$66,734,514 | +85.40% |
| Sandisk corp | Equity | +816.70% | 1,054,200 | 6.39% | $237.38 | $0.00 | $250,245,996 | $0 | -$250,245,996 | -100% |
| Solaris Energy Infras inc (SOI) | Equity | +62.26% | 1,866,500 | 2.19% | $45.97 | N/A | $85,803,005 | N/A | N/A | N/A |
| Tower Semiconductor Ltd. (TSEM) | Equity | +53.63% | 723,004 | 2.17% | $117.42 | $273.98 | $84,895,130 | $198,088,636 | +$113,193,506 | +133.33% |
| Whitefiber INC | Equity | +100% | 1,757,600 | 0.71% | $15.80 | N/A | $27,770,080 | N/A | N/A | N/A |