# New 13F Filings: Leopold's Ghost Portfolio and The Shifting AI Trade

Page: https://stenobird.com/podcast/limitless-an-ai-podcast-7326914/new-13f-filings-leopold-s-ghost-portfolio-and-the-shifting-ai-trade
Text version: https://stenobird.com/podcast/limitless-an-ai-podcast-7326914/new-13f-filings-leopold-s-ghost-portfolio-and-the-shifting-ai-trade.md
Podcast: [Limitless: An AI Podcast](https://stenobird.com/podcast/limitless-an-ai-podcast-7326914)
Published: 2026-08-18T12:49:51+00:00
Episode link: https://share.transistor.fm/s/b9099693
Audio file: https://media.transistor.fm/b9099693/a60bf178.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/limitless-an-ai-podcast-7326914/episodes/new-13f-filings-leopold-s-ghost-portfolio-and-the-shifting-ai-trade
Duration seconds: 1804

## Resource

Today we review major 13F filings and what they show about positioning across the AI stack, including memory, chips, power, and infrastructure. We highlight concentrated bets in names like SanDisk, Micron, and Alphabet, along with broader exposure to NVIDIA, TSMC, SpaceX, and related infrastructure plays. ------ 🔒 Check Out Our Sponsor: LEDGER AGENT STACK 🔒 https://developers.ledger.com/docs/ai-tools/overview/?utm_source=Audio&utm_medium=Podcasts&utm_campaign=Limitless ------ 🌌 LIMITLESS HQ ⬇️ NEWSLETTER: https://limitlessft.substack.com/ FOLLOW ON X: https://x.com/LimitlessFT SPOTIFY: https://open.spotify.com/show/5oV29YUL8AzzwXkxEXlRMQ APPLE: https://podcasts.apple.com/us/podcast/limitless-podcast/id1813210890 RSS FEED: https://limitlessft.substack.com/ ------ TIMESTAMPS 0:00 AI Money Stacks 2:51 Memory Theses 5:02 Buffett Bets on Google 10:19 The Infrastructure Layer 19:48 Payments and AI Rails 21:21 Consensus Winners Emerge 24:53 Power, Memory, Neoclouds 27:10 Closing ------ RESOURCES Josh: https://x.com/JoshKale Ejaaz: https://x.com/cryptopunk7213 ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠ Josh works with Anthropic as a contractor. All views expressed are his own and do not represent Anthropic, its leadership, or its affiliates. Nothing in this episode is investment advice.

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/limitless-an-ai-podcast-7326914/episodes/new-13f-filings-leopold-s-ghost-portfolio-and-the-shifting-ai-trade/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/limitless-an-ai-podcast-7326914/new-13f-filings-leopold-s-ghost-portfolio-and-the-shifting-ai-trade.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.