Fund HoldingsGraham Capital Management, L.P.

Total Portfolio Value
$5.72B
Total Bought
$1.46B
Total Sold
$2.16B
Net Transaction
-$701.09M
Filing Period:
Securities
SharesValue ($K)
Q4 2024
Q1 2025
Change
Q4 2024
Q1 2025
Weight (%)
Change
ISHARES TR(Put)03,322,900+3,322,9000262,144+262,144
PERMIAN RESOURCES CORP0000165,3552.89%+165,355
BLOOM ENERGY CORP0000110,7851.94%+110,785
COINBASE GLOBAL INC(COIN)000073,9941.29%+73,994
ISHARES TR(Put)0774,100+774,100070,466+70,466
PENN ENTERTAINMENT INC(PENN)000063,8681.12%+63,868
BRIDGEBIO PHARMA INC(BBIO)000063,6471.11%+63,647
NOVAVAX INC(NVAX)000063,2091.11%+63,209
TILRAY BRANDS INC000060,6791.06%+60,679
RIVIAN AUTOMOTIVE INC(RIVN)000060,6441.06%+60,644
BLOOM ENERGY CORP(BE)000047,4550.83%+47,455
TRANSOCEAN INC000039,9380.70%+39,938
GROUPON INC(GRPN)000037,3300.65%+37,330
ECHOSTAR CORP(ECHO)000036,9480.65%+36,948
PURECYCLE TECHNOLOGIES INC(PCT)000033,5390.59%+33,539
GREEN PLAINS INC(GPRE)000031,6590.55%+31,659
PEABODY ENGR CORP(BTU)000030,6030.54%+30,603
SPDR S&P 500 ETF TR(SPY)(Call)050,800+50,800028,417+28,417
PLUG PWR INC000027,1430.47%+27,143
CALUMET INC(CLMT)(Put)01,999,400+1,999,400025,352+25,352
VANECK ETF TRUST(Call)
GOLD MINERS ETF
0663,700+663,700030,510+30,510
SELECT SECTOR SPDR TR
ST STR UTIL ETF
0355,000+355,000027,9920.49%+27,992
TRAVERE THERAPEUTICS INC(TVTX)000020,7490.36%+20,749
MASTERCARD INCORPORATED(MA)031,082+31,082017,0370.30%+17,037
PACER FDS TR
DEVELOPED MRKT
0495,435+495,435015,5620.27%+15,562
BLACKSTONE MORTGAGE TRUST IN(BXMT)000015,5180.27%+15,518
CITIGROUP INC(C)0281,047+281,047019,9520.35%+19,952
MERCADOLIBRE INC(MELI)07,214+7,214014,0740.25%+14,074
VANGUARD INDEX FDS029,000+29,000010,7540.19%+10,754
DOMINION ENERGY INC(D)0181,917+181,917010,2000.18%+10,200
THE REALREAL INC(REAL)000010,0960.18%+10,096
NISOURCE INC(NI)0243,814+243,81409,7750.17%+9,775
INVESCO QQQ TR(Call)020,000+20,00009,378+9,378
FASTENAL CO(FAST)0120,140+120,14009,3170.16%+9,317
ARBOR REALTY TRUST INC00009,2060.16%+9,206
MERCK & CO INC(MRK)096,589+96,58908,6700.15%+8,670
COCA COLA CO(KO)0118,718+118,71808,5030.15%+8,503
DOLLAR GEN CORP NEW(DG)0136,339+136,339011,9880.21%+11,988
SPDR SER TR
ST STR SP METAL
0142,000+142,00007,9510.14%+7,951
NU HLDGS LTD(NU)510,1471,264,296+754,1495,28512,9460.23%+7,661
MURPHY OIL CORP(MUR)0262,157+262,15707,4450.13%+7,445
ISHARES INC(Put)0200,000+200,00007,416+7,416
ISHARES INC
MSCI EMRG CHN
0132,425+132,42507,2950.13%+7,295
PRUDENTIAL FINL INC(PFH)070,511+70,51107,8750.14%+7,875
NORDSTROM INC0282,420+282,42006,9050.12%+6,905
DISNEY WALT CO(DIS)087,262+87,26208,6130.15%+8,613
TESLA INC(TSLA)026,005+26,00506,7390.12%+6,739
TRAVELERS COMPANIES INC(TRV)025,474+25,47406,7370.12%+6,737
DUPONT DE NEMOURS INC(DD)094,027+94,02707,0220.12%+7,022
AMEREN CORP(AEE)065,846+65,84606,6110.12%+6,611
TRAVERE THERAPEUTICS INC(TVTX)0379,900+379,90006,8080.12%+6,808
CONSOLIDATED EDISON INC(ED)058,352+58,35206,4530.11%+6,453
CISCO SYS INC(CSCO)104,870200,855+95,9856,20812,3950.22%+6,186
CANADIAN IMPERIAL BK COMM(CM)0107,248+107,24806,0380.11%+6,038
ATLASSIAN CORPORATION028,450+28,45006,0370.11%+6,037
LAM RESEARCH CORP(LRCX)095,093+95,09306,9130.12%+6,913
ISHARES TR
MSCI UK ETF NEW
0160,969+160,96906,0320.11%+6,032
SPDR S&P 500 ETF TR(SPY)010,600+10,60005,9300.10%+5,930
HOME DEPOT INC(HD)031,293+31,293011,4690.20%+11,469
SPDR GOLD TR(GLD)(Call)20,00037,000+17,0004,84310,661+5,819
BLACKSTONE INC(BX)040,450+40,45005,6540.10%+5,654
WEBSTER FINL CORP(WBS)0105,608+105,60805,4440.10%+5,444
FRONTIER COMMUNICATIONS PARE0151,760+151,76005,4420.10%+5,442
BOSTON SCIENTIFIC CORP(BSX)055,788+55,78805,6280.10%+5,628
ISHARES TR0150,000+150,00005,3760.09%+5,376
VISA INC(V)(Put)015,000+15,00005,257+5,257
CMS ENERGY CORP(CMS)0140,669+140,669010,5660.18%+10,566
INVESCO EXCH TRADED FD TR II070,000+70,00005,2300.09%+5,230
SELECT SECTOR SPDR TR
ST STR TECHN ETF
025,000+25,00005,1620.09%+5,162
ISHARES INC
MSCI JAPAN ETF
074,229+74,22905,0890.09%+5,089
3M CO(MMM)0130,090+130,090019,1050.33%+19,105
COSTCO WHSL CORP NEW(COST)05,359+5,35905,0680.09%+5,068
YPF SOCIEDAD ANONIMA(YPF)0150,221+150,22105,2640.09%+5,264
SELECT SECTOR SPDR TR
ST STR INDL ETF
037,500+37,50004,9150.09%+4,915
INVESCO EXCHANGE TRADED FD T
S&P500 EQL WGT
052,000+52,00009,0080.16%+9,008
CHIPOTLE MEXICAN GRILL INC(CMG)097,006+97,00604,8710.09%+4,871
YUM BRANDS INC(YUM)029,940+29,94004,7110.08%+4,711
CANADIAN NAT RES LTD(CNQ)0419,001+419,001012,9050.23%+12,905
INTEL CORP(INTC)0205,654+205,65404,6700.08%+4,670
MARVELL TECHNOLOGY INC(MRVL)074,975+74,97504,6160.08%+4,616
ISHARES INC0176,319+176,31904,5580.08%+4,558
HUNTINGTON BANCSHARES INC(HBAN)323,669644,586+320,9175,2669,6750.17%+4,409
BP PLC(BP)228,698330,057+101,3596,76011,1530.20%+4,392
URBAN OUTFITTERS INC(URBN)082,637+82,63704,3300.08%+4,330
OKTA INC(OKTA)049,011+49,01105,1570.09%+5,157
MGIC INVT CORP WIS(MTG)0171,810+171,81004,2570.07%+4,257
HONEYWELL INTL INC(HON)020,000+20,00004,2350.07%+4,235
ISHARES TR044,310+44,31004,1130.07%+4,113
AXIS CAP HLDGS LTD
SHS
046,870+46,87004,6980.08%+4,698
LOCKHEED MARTIN CORP(LMT)010,358+10,35804,6270.08%+4,627
ECOLAB INC(ECL)015,344+15,34403,8900.07%+3,890
WENDYS CO(WEN)0361,891+361,89105,2940.09%+5,294
BANK NEW YORK MELLON CORP045,960+45,96003,8550.07%+3,855
REINSURANCE GRP OF AMERICA I(RGA)063,631+63,631012,5290.22%+12,529
BRINKER INTL INC(EAT)045,011+45,01106,7090.12%+6,709
SYNOVUS FINL CORP077,694+77,69403,6310.06%+3,631
PUBLIC STORAGE OPER CO(PSA)016,237+16,23704,8600.09%+4,860
LULULEMON ATHLETICA INC(LULU)014,751+14,75104,1750.07%+4,175
RANGE RES CORP(RRC)164,509232,045+67,5365,9199,2660.16%+3,347
ALLSTATE CORP(ALL)31,39445,007+13,6136,0529,3200.16%+3,267
Page 1 of 1