Graham Capital Management, L.P.
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| ISHARES TR(Put) | 2,352,900 | 3,897,000 | +1,544,100 | 507,732,291 | 942,918,120 | — | +435,185,829 |
| BLOOM ENERGY CORP(BE) | 44,760,000 | 0 | -44,760,000 | 63,447,788 | 213,720,466 | 7.92% | +150,272,678 |
| ISHARES TR(Call) | 0 | 588,200 | +588,200 | 0 | 142,320,872 | — | +142,320,872 |
| BLOOM ENERGY CORP(BE) | 36,170,000 | 0 | -36,170,000 | 53,725,902 | 164,247,970 | 6.08% | +110,522,068 |
| VANECK ETF TRUST | 100,000 | 812,500 | +712,500 | 5,206,000 | 62,075,000 | 2.30% | +56,869,000 |
| EOS ENERGY ENTERPRISES INC(EOSE)(Put) | 7,601,100 | 7,743,900 | +142,800 | 38,917,632 | 88,203,021 | — | +49,285,389 |
| ISHARES TR(Put) | 0 | 599,700 | +599,700 | 0 | 48,689,643 | — | +48,689,643 |
| GAMESTOP CORP NEW(GME)(Put) | 1,000 | 1,675,100 | +1,674,100 | 24,390 | 45,696,728 | — | +45,672,338 |
| SUNRUN INC(RUN) | 31,529,000 | 0 | -31,529,000 | 22,513,125 | 63,518,512 | 2.35% | +41,005,387 |
| GROUPON INC(GRPN) | 0 | 0 | 0 | 0 | 39,187,350 | 1.45% | +39,187,350 |
| ISHARES TR(Call) | 0 | 700,000 | +700,000 | 0 | 37,380,000 | — | +37,380,000 |
| ISHARES SILVER TR(SLV)(Call) | 2,326,000 | 900,000 | -1,426,000 | 4,620,700 | 38,133,000 | — | +33,512,300 |
| GROUPON INC | 0 | 0 | 0 | 0 | 26,426,881 | 0.98% | +26,426,881 |
| BEYOND MEAT INC(Put) | 0 | 11,293,500 | +11,293,500 | 0 | 21,344,715 | — | +21,344,715 |
| SELECT SECTOR SPDR TR | 26,100 | 160,102 | +134,002 | 3,850,272 | 24,692,531 | 0.91% | +20,842,259 |
| OPENDOOR TECHNOLOGIES INC(OPEN)(Put) | 0 | 2,410,800 | +2,410,800 | 0 | 19,214,076 | — | +19,214,076 |
| NOVAVAX INC(NVAX)(Put) | 2,449,900 | 2,549,900 | +100,000 | 6,293,060 | 22,107,633 | — | +15,814,573 |
| THE REALREAL INC(REAL) | 13,008,000 | 0 | -13,008,000 | 10,301,100 | 25,850,163 | 0.96% | +15,549,063 |
| FIDELITY WISE ORIGIN BITCOIN(FBTC)(Put) | 1,075,400 | 1,166,800 | +91,400 | 101,076,846 | 116,458,308 | — | +15,381,462 |
| ISHARES TR | 0 | 58,400 | +58,400 | 0 | 14,130,464 | 0.52% | +14,130,464 |
| SELECT SECTOR SPDR TR | 506,950 | 635,206 | +128,256 | 41,397,537 | 55,396,315 | 2.05% | +13,998,778 |
| TILRAY BRANDS INC | 59,500,000 | 0 | -59,500,000 | 54,658,164 | 68,591,250 | 2.54% | +13,933,086 |
| VANGUARD INDEX FDS | 110,000 | 176,000 | +66,000 | 19,441,400 | 32,822,240 | 1.22% | +13,380,840 |
| BRIDGEBIO PHARMA INC(BBIO) | 24,859 | 278,128 | +253,269 | 1,073,412 | 14,445,968 | 0.54% | +13,372,556 |
| ISHARES INC | 0 | 165,220 | +165,220 | 0 | 13,234,122 | 0.49% | +13,234,122 |
| LUCID GROUP INC(LCID)(Put) | 0 | 551,840 | +551,840 | 0 | 13,128,274 | — | +13,128,274 |
| TERADYNE INC(TER) | 0 | 93,830 | +93,830 | 0 | 12,914,761 | 0.48% | +12,914,761 |
| FIRST SOLAR INC(FSLR) | 1,500 | 59,600 | +58,100 | 248,310 | 13,143,588 | 0.49% | +12,895,278 |
| BEYOND MEAT INC | 0 | 0 | 0 | 0 | 12,325,913 | 0.46% | +12,325,913 |
| FEDEX CORP(FDX)(Put) | 0 | 50,000 | +50,000 | 0 | 11,790,500 | — | +11,790,500 |
| SELECT SECTOR SPDR TR | 0 | 214,000 | +214,000 | 0 | 11,528,180 | 0.43% | +11,528,180 |
| TRAVERE THERAPEUTICS INC(TVTX) | 0 | 466,998 | +466,998 | 0 | 11,161,252 | 0.41% | +11,161,252 |
| SUNRUN INC(RUN)(Put) | 2,377,700 | 1,764,700 | -613,000 | 19,449,586 | 30,511,663 | — | +11,062,077 |
| AMAZON COM INC(AMZN) | 116,754 | 166,698 | +49,944 | 25,614,660 | 36,601,880 | 1.36% | +10,987,220 |
| EXXON MOBIL CORP | 0 | 89,812 | +89,812 | 0 | 10,126,303 | 0.38% | +10,126,303 |
| ISHARES INC | 0 | 139,545 | +139,545 | 0 | 8,944,835 | 0.33% | +8,944,835 |
| CITIGROUP INC(C) | 47,203 | 111,703 | +64,500 | 4,017,919 | 11,337,855 | 0.42% | +7,319,936 |
| ALTRIA GROUP INC(MO) | 38,463 | 141,853 | +103,390 | 2,255,086 | 9,370,809 | 0.35% | +7,115,723 |
| GREEN PLAINS INC(GPRE) | 43,053,000 | 0 | -43,053,000 | 36,754,897 | 43,862,505 | 1.62% | +7,107,608 |
| JPMORGAN CHASE & CO.(JPM) | 0 | 22,500 | +22,500 | 0 | 7,097,175 | 0.26% | +7,097,175 |
| MARA HOLDINGS INC(MARA)(Put) | 2,731,000 | 2,731,000 | 0 | 42,822,080 | 49,868,060 | — | +7,045,980 |
| KRANESHARES TRUST | 0 | 163,169 | +163,169 | 0 | 6,854,730 | 0.25% | +6,854,730 |
| META PLATFORMS INC(META) | 30,351 | 39,653 | +9,302 | 22,401,770 | 29,120,370 | 1.08% | +6,718,600 |
| TE CONNECTIVITY PLC(TEL) | 0 | 30,184 | +30,184 | 0 | 6,626,294 | 0.25% | +6,626,294 |
| ISHARES ETHEREUM TR(ETHA) | 525,000 | 526,904 | +1,904 | 10,011,750 | 16,602,745 | 0.61% | +6,590,995 |
| ISHARES INC | 0 | 129,000 | +129,000 | 0 | 6,520,950 | 0.24% | +6,520,950 |
| AMPHENOL CORP NEW | 0 | 52,656 | +52,656 | 0 | 6,516,180 | 0.24% | +6,516,180 |
| CALUMET INC(CLMT)(Put) | 2,610,100 | 2,610,100 | 0 | 41,135,176 | 47,634,325 | — | +6,499,149 |
| SPDR SERIES TRUST(Put) | 0 | 100,000 | +100,000 | 0 | 6,330,000 | — | +6,330,000 |
| VISA INC(V) | 0 | 18,279 | +18,279 | 0 | 6,240,085 | 0.23% | +6,240,085 |
| MCDONALDS CORP(MCD) | 0 | 19,671 | +19,671 | 0 | 5,977,820 | 0.22% | +5,977,820 |
| PLUG POWER INC(PLUG)(Put) | 6,893,100 | 6,903,100 | +10,000 | 10,270,719 | 16,084,223 | — | +5,813,504 |
| GENERAL MLS INC(GIS) | 55,884 | 165,839 | +109,955 | 2,895,350 | 8,361,602 | 0.31% | +5,466,252 |
| CUMMINS INC(CMI) | 4,707 | 16,505 | +11,798 | 1,541,543 | 6,971,217 | 0.26% | +5,429,674 |
| PENTAIR PLC(PNR) | 0 | 46,800 | +46,800 | 0 | 5,183,568 | 0.19% | +5,183,568 |
| MICROSOFT CORP(MSFT) | 0 | 10,005 | +10,005 | 0 | 5,182,090 | 0.19% | +5,182,090 |
| ISHARES TR | 0 | 328,731 | +328,731 | 0 | 5,088,756 | 0.19% | +5,088,756 |
| APPLIED OPTOELECTRONICS INC(AAOI) | 0 | 0 | 0 | 0 | 5,002,384 | 0.19% | +5,002,384 |
| INVESCO QQQ TR | 0 | 8,200 | +8,200 | 0 | 4,923,034 | 0.18% | +4,923,034 |
| ISHARES TR | 100,000 | 201,000 | +101,000 | 3,676,000 | 8,269,140 | 0.31% | +4,593,140 |
| MEDTRONIC PLC(MDT) | 0 | 47,242 | +47,242 | 0 | 4,499,328 | 0.17% | +4,499,328 |
| PROCAP ACQUISITION CORP | 0 | 437,135 | +437,135 | 0 | 4,489,376 | 0.17% | +4,489,376 |
| AMAZON COM INC(AMZN)(Put) | 0 | 20,000 | +20,000 | 0 | 4,391,400 | — | +4,391,400 |
| FERGUSON ENTERPRISES INC(FERG) | 0 | 18,300 | +18,300 | 0 | 4,109,814 | 0.15% | +4,109,814 |
| ALLEGION PLC(ALLE) | 0 | 22,500 | +22,500 | 0 | 3,990,375 | 0.15% | +3,990,375 |
| MSC INDL DIRECT INC(MSM) | 0 | 42,962 | +42,962 | 0 | 3,958,519 | 0.15% | +3,958,519 |
| EMCOR GROUP INC(EME) | 4,150 | 9,300 | +5,150 | 2,219,794 | 6,040,722 | 0.22% | +3,820,928 |
| LAMAR ADVERTISING CO NEW(LAMR) | 0 | 30,000 | +30,000 | 0 | 3,672,600 | 0.14% | +3,672,600 |
| CURTISS WRIGHT CORP(CW) | 1,628 | 8,199 | +6,571 | 795,359 | 4,451,565 | 0.16% | +3,656,206 |
| INVESCO EXCHANGE TRADED FD T | 48,100 | 65,000 | +16,900 | 8,741,694 | 12,330,500 | 0.46% | +3,588,806 |
| OKLO INC(OKLO) | 0 | 32,093 | +32,093 | 0 | 3,582,542 | 0.13% | +3,582,542 |
| NASDAQ INC(NDAQ) | 12,516 | 52,855 | +40,339 | 1,119,181 | 4,675,025 | 0.17% | +3,555,844 |
| LIBERTY MEDIA CORP DEL(FWONA) | 0 | 32,893 | +32,893 | 0 | 3,435,674 | 0.13% | +3,435,674 |
| SOFI TECHNOLOGIES INC(SOFI) | 43,686 | 159,694 | +116,008 | 795,522 | 4,219,115 | 0.16% | +3,423,593 |
| ISHARES TR | 0 | 38,000 | +38,000 | 0 | 3,396,060 | 0.13% | +3,396,060 |
| SOUTHERN CO(SO) | 0 | 35,213 | +35,213 | 0 | 3,337,136 | 0.12% | +3,337,136 |
| BITFARMS LTD(Call) | 0 | 1,176,500 | +1,176,500 | 0 | 3,317,730 | — | +3,317,730 |
| NORTHROP GRUMMAN CORP(NOC) | 0 | 5,354 | +5,354 | 0 | 3,262,299 | 0.12% | +3,262,299 |
| NORTHERN TR CORP(NTRS) | 2,416 | 26,453 | +24,037 | 306,325 | 3,560,574 | 0.13% | +3,254,249 |
| LOWES COS INC(LOW) | 7,867 | 19,806 | +11,939 | 1,745,451 | 4,977,446 | 0.18% | +3,231,995 |
| HONEYWELL INTL INC(HON) | 15,015 | 31,864 | +16,849 | 3,496,693 | 6,707,372 | 0.25% | +3,210,679 |
| LINDE PLC(LIN) | 0 | 6,433 | +6,433 | 0 | 3,055,675 | 0.11% | +3,055,675 |
| GATES INDL CORP PLC | 197,157 | 305,940 | +108,783 | 4,540,526 | 7,593,431 | 0.28% | +3,052,905 |
| VERISK ANALYTICS INC(VRSK) | 9,093 | 23,119 | +14,026 | 2,832,470 | 5,814,660 | 0.22% | +2,982,190 |
| COCA COLA CO(KO) | 117,245 | 168,950 | +51,705 | 8,295,084 | 11,204,764 | 0.41% | +2,909,680 |
| ALLSTATE CORP(ALL) | 10,261 | 23,015 | +12,754 | 2,065,642 | 4,940,170 | 0.18% | +2,874,528 |
| ROPER TECHNOLOGIES INC(ROP) | 0 | 5,718 | +5,718 | 0 | 2,851,509 | 0.11% | +2,851,509 |
| GRACO INC(GGG) | 0 | 32,977 | +32,977 | 0 | 2,801,726 | 0.10% | +2,801,726 |
| JOHNSON CTLS INTL PLC | 24,150 | 48,639 | +24,489 | 2,550,723 | 5,347,858 | 0.20% | +2,797,135 |
| FRANCO NEV CORP(FNV) | 0 | 12,394 | +12,394 | 0 | 2,762,747 | 0.10% | +2,762,747 |
| DONALDSON INC(DCI) | 0 | 32,700 | +32,700 | 0 | 2,676,495 | 0.10% | +2,676,495 |
| SEMLER SCIENTIFIC INC(Put) | 0 | 85,300 | +85,300 | 0 | 2,559,000 | — | +2,559,000 |
| HOME DEPOT INC(HD) | 14,641 | 19,400 | +4,759 | 5,367,976 | 7,860,686 | 0.29% | +2,492,710 |
| MODINE MFG CO(MOD) | 0 | 17,479 | +17,479 | 0 | 2,484,815 | 0.09% | +2,484,815 |
| NVENT ELECTRIC PLC(NVT) | 37,500 | 52,743 | +15,243 | 2,746,875 | 5,202,570 | 0.19% | +2,455,695 |
| INTERNATIONAL FLAVORS&FRAGRA(IFF) | 0 | 39,345 | +39,345 | 0 | 2,421,291 | 0.09% | +2,421,291 |
| BITDEER TECHNOLOGIES GROUP(BTDR)(Put) | 430,700 | 430,700 | 0 | 4,944,436 | 7,360,663 | — | +2,416,227 |
| AUTOZONE INC(AZO) | 0 | 550 | +550 | 0 | 2,359,632 | 0.09% | +2,359,632 |
| CHENIERE ENERGY INC(LNG) | 28,083 | 38,707 | +10,624 | 6,838,772 | 9,095,371 | 0.34% | +2,256,599 |
| GE AEROSPACE(GE) | 0 | 7,500 | +7,500 | 0 | 2,256,150 | 0.08% | +2,256,150 |