We just covered the From Fired Researcher to $13.7 Billion King: How Leopold Aschenbrenner Broke the Hedge Fund World and Kilroy Realty Corporation (NYSE:KRC) ranks 35th on this list.
Latest filings show that Situational Awareness LP has sold off the stake it held in Kilroy Realty Corporation (NYSE:KRC)
The stock had appeared in the 13F portfolio of the fund in the fourth quarter of 2025. This stake comprised 1.3 million shares. The firm is a leading US landlord and developer, with operations in the San Francisco Bay Area, Los Angeles, Seattle, San Diego, and Austin.
The bear case for the stock focuses on structural headwinds in West Coast office real estate, sub-basement occupancy levels, and underlying cash-flow erosion. Even if bears accept FFO as the primary metric for REIT valuation, the year-over-year trajectory shows a business in active operational decay. Sell These 4 Stocks and Go All In on These 3 Stocks Before May 9th for 100x Returns?