Graham Capital Management, L.P.
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q4 2025 ▲▼ | Q1 2026 ▲▼ | Change ▲▼ | Q4 2025 ▲▼ | Q1 2026 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| ISHARES TR(Put) | 0 | 1,270,400 | +1,270,400 | 0 | 315,059,200 | — | +315,059,200 |
| VANECK ETF TRUST(Call) GOLD MINERS ETF | 0 | 2,320,000 | +2,320,000 | 0 | 212,906,400 | — | +212,906,400 |
| ISHARES TR(Put) | 400,000 | 2,410,900 | +2,010,900 | 32,252,000 | 191,811,204 | — | +159,559,204 |
| APPLIED DIGITAL CORP(APLD) | 0 | 0 | 0 | 0 | 96,469,821 | 3.26% | +96,469,821 |
| GREEN PLAINS INC(GPRE) | 0 | 0 | 0 | 0 | 82,157,121 | 2.78% | +82,157,121 |
| SUNRUN INC(RUN) | 0 | 0 | 0 | 0 | 60,673,641 | 2.05% | +60,673,641 |
| TILRAY BRANDS INC | 0 | 0 | 0 | 0 | 59,688,884 | 2.02% | +59,688,884 |
| PURECYCLE TECHNOLOGIES INC(PCT) | 0 | 0 | 0 | 0 | 59,442,892 | 2.01% | +59,442,892 |
| RIVIAN AUTOMOTIVE INC(RIVN) | 0 | 0 | 0 | 0 | 57,364,869 | 1.94% | +57,364,869 |
| GROUPON INC(GRPN) | 0 | 0 | 0 | 0 | 54,051,614 | 1.83% | +54,051,614 |
| THE REALREAL INC(REAL) | 0 | 0 | 0 | 0 | 49,481,645 | 1.67% | +49,481,645 |
| ISHARES INC | 0 | 362,700 | +362,700 | 0 | 44,615,727 | 1.51% | +44,615,727 |
| RAMACO RES INC | 0 | 0 | 0 | 0 | 43,171,409 | 1.46% | +43,171,409 |
| BRIDGEBIO PHARMA INC(BBIO) | 0 | 0 | 0 | 0 | 40,117,204 | 1.36% | +40,117,204 |
| ISHARES TR(Call) | 0 | 150,000 | +150,000 | 0 | 37,200,000 | — | +37,200,000 |
| SELECT SECTOR SPDR TR ST STR FINL ETF | 0 | 659,300 | +659,300 | 0 | 32,549,641 | 1.10% | +32,549,641 |
| LUCID GROUP INC(LCID)(Put) | 343,320 | 3,625,500 | +3,282,180 | 3,628,892 | 34,551,015 | — | +30,922,123 |
| CLEANSPARK INC(CLSK) | 0 | 0 | 0 | 0 | 28,726,415 | 0.97% | +28,726,415 |
| AMAZON COM INC(AMZN) | 246,872 | 408,024 | +161,152 | 56,982,995 | 84,979,158 | 2.87% | +27,996,163 |
| ISHARES TR | 0 | 95,300 | +95,300 | 0 | 23,634,400 | 0.80% | +23,634,400 |
| INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT | 58,800 | 179,869 | +121,069 | 11,263,728 | 34,520,458 | 1.17% | +23,256,730 |
| ALPHABET INC(GOOG) | 80,654 | 164,235 | +83,581 | 25,309,225 | 47,112,452 | 1.59% | +21,803,227 |
| TRAVERE THERAPEUTICS INC(TVTX) | 0 | 0 | 0 | 0 | 21,353,296 | 0.72% | +21,353,296 |
| GREEN PLAINS INC(GPRE) | 0 | 0 | 0 | 0 | 19,278,459 | 0.65% | +19,278,459 |
| ISHARES TR | 30,100 | 246,900 | +216,800 | 2,426,963 | 19,643,364 | 0.66% | +17,216,401 |
| SOLARIS ENERGY INFRAS INC(SEI) | 0 | 0 | 0 | 0 | 16,562,235 | 0.56% | +16,562,235 |
| ISHARES TR | 0 | 290,087 | +290,087 | 0 | 16,474,041 | 0.56% | +16,474,041 |
| ISHARES INC | 47,000 | 467,477 | +420,477 | 1,493,190 | 17,946,442 | 0.61% | +16,453,252 |
| SALESFORCE INC(CRM)(Call) | 0 | 87,500 | +87,500 | 0 | 16,333,625 | — | +16,333,625 |
| CITIGROUP INC(C) | 241,094 | 389,193 | +148,099 | 28,133,259 | 44,138,378 | 1.49% | +16,005,119 |
| BLOOM ENERGY CORP | 0 | 116,921 | +116,921 | 0 | 15,841,626 | 0.54% | +15,841,626 |
| OKTA INC(OKTA) | 0 | 200,305 | +200,305 | 0 | 15,766,007 | 0.53% | +15,766,007 |
| MARA HOLDINGS INC(MARA) | 0 | 0 | 0 | 0 | 15,051,392 | 0.51% | +15,051,392 |
| ISHARES INC | 55,000 | 247,908 | +192,908 | 3,813,150 | 18,650,119 | 0.63% | +14,836,969 |
| APPLIED OPTOELECTRONICS INC(AAOI) | 0 | 0 | 0 | 0 | 14,578,878 | 0.49% | +14,578,878 |
| MASTERCARD INCORPORATED(MA) | 0 | 29,127 | +29,127 | 0 | 14,553,597 | 0.49% | +14,553,597 |
| CLOUDFLARE INC(NET) | 4,732 | 68,903 | +64,171 | 932,914 | 14,217,445 | 0.48% | +13,284,531 |
| GREEN PLAINS INC(GPRE) | 0 | 0 | 0 | 0 | 13,174,334 | 0.45% | +13,174,334 |
| SPOTIFY TECHNOLOGY S A(SPOT) | 5,149 | 32,164 | +27,015 | 2,990,076 | 15,596,645 | 0.53% | +12,606,569 |
| SOUTHERN CO(SO) | 0 | 129,217 | +129,217 | 0 | 12,472,025 | 0.42% | +12,472,025 |
| GOLDMAN SACHS GROUP INC(GS) | 0 | 13,743 | +13,743 | 0 | 11,626,441 | 0.39% | +11,626,441 |
| INVESCO QQQ TR(Call) | 0 | 20,000 | +20,000 | 0 | 11,543,600 | — | +11,543,600 |
| T1 ENERGY INC(TE) | 0 | 0 | 0 | 0 | 11,065,950 | 0.37% | +11,065,950 |
| SPDR GOLD TR(GLD)(Call) | 0 | 25,000 | +25,000 | 0 | 10,757,250 | — | +10,757,250 |
| OREILLY AUTOMOTIVE INC(ORLY) | 11,880 | 127,894 | +116,014 | 1,083,575 | 11,805,895 | 0.40% | +10,722,320 |
| SELECT SECTOR SPDR TR(Call) ST STR MATER ETF | 0 | 206,000 | +206,000 | 0 | 10,293,820 | — | +10,293,820 |
| ISHARES TR | 0 | 47,750 | +47,750 | 0 | 10,082,413 | 0.34% | +10,082,413 |
| NVIDIA CORPORATION(NVDA) | 222,279 | 293,871 | +71,592 | 41,455,034 | 51,251,102 | 1.73% | +9,796,068 |
| MARRIOTT INTL INC NEW(MAR) | 0 | 29,733 | +29,733 | 0 | 9,724,772 | 0.33% | +9,724,772 |
| CALUMET INC(CLMT)(Put) | 2,610,100 | 1,713,400 | -896,700 | 51,862,687 | 61,511,060 | — | +9,648,373 |
| SALESFORCE INC(CRM) | 83,752 | 167,792 | +84,040 | 22,186,742 | 31,321,733 | 1.06% | +9,134,991 |
| PROCTER & GAMBLE CO(PG) | 79,619 | 142,191 | +62,572 | 11,410,199 | 20,538,068 | 0.69% | +9,127,869 |
| PALO ALTO NETWORKS INC(PANW) | 0 | 52,214 | +52,214 | 0 | 8,370,948 | 0.28% | +8,370,948 |
| INTEL CORP(INTC) | 367,124 | 495,755 | +128,631 | 13,546,876 | 21,877,668 | 0.74% | +8,330,792 |
| EMBRAER S.A.(EMBJ) | 245,272 | 401,632 | +156,360 | 15,788,159 | 23,832,843 | 0.81% | +8,044,684 |
| VANECK ETF TRUST GOLD MINERS ETF | 25,000 | 110,000 | +85,000 | 2,144,250 | 10,094,700 | 0.34% | +7,950,450 |
| IQVIA HLDGS INC(IQV) | 0 | 45,475 | +45,475 | 0 | 7,755,307 | 0.26% | +7,755,307 |
| METLIFE INC(MET) | 77,510 | 193,190 | +115,680 | 6,118,639 | 13,662,397 | 0.46% | +7,543,758 |
| ANALOG DEVICES INC(ADI) | 937 | 23,313 | +22,376 | 254,114 | 7,416,798 | 0.25% | +7,162,684 |
| KRAFT HEINZ CO(KHC) | 0 | 305,664 | +305,664 | 0 | 6,874,383 | 0.23% | +6,874,383 |
| TAPESTRY INC(TPR) | 0 | 48,335 | +48,335 | 0 | 6,820,552 | 0.23% | +6,820,552 |
| VISA INC(V) | 28,032 | 55,008 | +26,976 | 9,831,103 | 16,625,618 | 0.56% | +6,794,515 |
| PINNACLE WEST CAP CORP(PNW) | 0 | 66,477 | +66,477 | 0 | 6,697,558 | 0.23% | +6,697,558 |
| ECOLAB INC(ECL) | 0 | 25,010 | +25,010 | 0 | 6,653,160 | 0.22% | +6,653,160 |
| DYNATRACE INC(DT) | 0 | 176,083 | +176,083 | 0 | 6,511,549 | 0.22% | +6,511,549 |
| STATE STR SPDR S&P 500 ETF T(SPY)(Call) | 0 | 10,000 | +10,000 | 0 | 6,503,400 | — | +6,503,400 |
| REGENCY CTRS CORP(REG) | 0 | 85,029 | +85,029 | 0 | 6,433,294 | 0.22% | +6,433,294 |
| ROSS STORES INC(ROST) | 0 | 29,437 | +29,437 | 0 | 6,376,937 | 0.22% | +6,376,937 |
| MORGAN STANLEY(MS) | 0 | 38,133 | +38,133 | 0 | 6,275,548 | 0.21% | +6,275,548 |
| CITIZENS FINL GROUP INC(CFG) | 38,407 | 140,716 | +102,309 | 2,243,353 | 8,438,739 | 0.29% | +6,195,386 |
| BLACKSTONE MORTGAGE TRUST IN(BXMT) | 0 | 0 | 0 | 0 | 5,934,982 | 0.20% | +5,934,982 |
| DOMINION ENERGY INC(D) | 15,454 | 108,509 | +93,055 | 905,450 | 6,708,026 | 0.23% | +5,802,576 |
| BIGBEAR AI HLDGS INC(BBAI) | 0 | 1,627,417 | +1,627,417 | 0 | 5,728,508 | 0.19% | +5,728,508 |
| PUBLIC SVC ENTERPRISE GROUP(PEG) | 27,660 | 96,432 | +68,772 | 2,221,098 | 7,806,170 | 0.26% | +5,585,072 |
| DATADOG INC(DDOG) | 8,723 | 56,139 | +47,416 | 1,186,241 | 6,627,209 | 0.22% | +5,440,968 |
| AON PLC(AON) | 0 | 16,254 | +16,254 | 0 | 5,246,466 | 0.18% | +5,246,466 |
| PERMIAN RESOURCES CORP(PR) | 10,132 | 247,783 | +237,651 | 142,152 | 5,282,734 | 0.18% | +5,140,582 |
| FIRSTENERGY CORP(FE) | 4,780 | 105,243 | +100,463 | 214,001 | 5,331,610 | 0.18% | +5,117,609 |
| MONGODB INC(MDB) | 6,162 | 31,336 | +25,174 | 2,586,130 | 7,670,113 | 0.26% | +5,083,983 |
| VENU HLDG CORP | 0 | 1,530,628 | +1,530,628 | 0 | 5,066,379 | 0.17% | +5,066,379 |
| DELTA AIR LINES INC(DAL)(Call) | 0 | 75,000 | +75,000 | 0 | 4,986,000 | — | +4,986,000 |
| GAMESTOP CORP(GME)(Put) | 1,675,100 | 1,675,300 | +200 | 33,636,008 | 38,598,912 | — | +4,962,904 |
| D R HORTON INC(DHI) | 7,100 | 43,503 | +36,403 | 1,022,613 | 5,969,482 | 0.20% | +4,946,869 |
| SPDR SERIES TRUST ST STR SP METAL | 0 | 45,000 | +45,000 | 0 | 4,860,450 | 0.16% | +4,860,450 |
| AUTOMATIC DATA PROCESSING IN | 39,971 | 74,299 | +34,328 | 10,281,740 | 15,096,071 | 0.51% | +4,814,331 |
| LOWES COS INC(LOW) | 0 | 20,227 | +20,227 | 0 | 4,779,236 | 0.16% | +4,779,236 |
| DARDEN RESTAURANTS INC(DRI) | 0 | 24,282 | +24,282 | 0 | 4,760,243 | 0.16% | +4,760,243 |
| CANADIAN NAT RES LTD MED TER(CNQ) | 27,276 | 115,954 | +88,678 | 923,293 | 5,650,438 | 0.19% | +4,727,145 |
| FASTENAL CO(FAST) | 48,649 | 141,767 | +93,118 | 1,952,284 | 6,577,989 | 0.22% | +4,625,705 |
| S&P GLOBAL INC(SPGI) | 0 | 10,759 | +10,759 | 0 | 4,576,233 | 0.15% | +4,576,233 |
| COLGATE PALMOLIVE CO(CL) | 0 | 52,164 | +52,164 | 0 | 4,445,938 | 0.15% | +4,445,938 |
| SUNCOR ENERGY INC NEW(SU) | 0 | 66,716 | +66,716 | 0 | 4,410,595 | 0.15% | +4,410,595 |
| TARGET CORP(TGT) | 0 | 33,421 | +33,421 | 0 | 4,050,625 | 0.14% | +4,050,625 |
| BCE INC(BCE) | 0 | 158,894 | +158,894 | 0 | 4,010,485 | 0.14% | +4,010,485 |
| WELLS FARGO & CO(WFC)(Put) | 0 | 50,000 | +50,000 | 0 | 3,980,500 | — | +3,980,500 |
| SELECT SECTOR SPDR TR ST STR MATER ETF | 0 | 79,000 | +79,000 | 0 | 3,947,630 | 0.13% | +3,947,630 |
| TOTALENERGIES SE(TTE) | 0 | 43,202 | +43,202 | 0 | 3,930,518 | 0.13% | +3,930,518 |
| EBAY INC.(EBAY) | 0 | 42,903 | +42,903 | 0 | 3,905,031 | 0.13% | +3,905,031 |
| TEXAS ROADHOUSE INC(TXRH) | 0 | 23,290 | +23,290 | 0 | 3,846,111 | 0.13% | +3,846,111 |
| CONSOLIDATED EDISON INC(ED) | 31,054 | 60,845 | +29,791 | 3,084,283 | 6,886,437 | 0.23% | +3,802,154 |