Published Aug 5, 2026, 5:50 PM ET · Updated 3 months ago · 1 source
Hedge Funds Take Big Hit in July After Bruising AI Selloff
bloomberg
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Original Report
A spate of well-known hedge funds reported steep losses in July as AI shares tumbled, most notably forcing the highly leveraged Situational Awareness to sell most of its stock portfolio at a deep discount to Ken Griffin’s Citadel.