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Asset Manager ← All Institutions

Graham Capital Management, L.P.

Q1 2026 · Filed 2026-05-15
Market Value
$2.2B
+10.2%
Holdings
1,450
-62
New Purchases
362
Added To
323
Closed
422
Reduced
339
Top 10 Concentration
20.1%
Turnover
54.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
EWY 2.04% 0.00% +2.04% $45M
XLF 1.49% 0.00% +1.49% $33M
IWM 1.08% 0.00% +1.08% $24M
AMZN 3.88% 2.87% +1.01% $85M
RSP 1.58% 0.57% +1.01% $35M
GOOG 2.15% 1.27% +0.88% $47M
HYG 0.90% 0.12% +0.78% $20M
EEM 0.75% 0.00% +0.75% $16M
EWZ 0.82% 0.08% +0.74% $18M
BE 0.72% 0.00% +0.72% $16M
OKTA 0.72% 0.00% +0.72% $16M
MA 0.66% 0.00% +0.66% $15M
EWW 0.85% 0.19% +0.66% $19M
NET 0.65% 0.05% +0.60% $14M
C 2.02% 1.42% +0.60% $44M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IBIT 1.63% 3.87% -2.24% $36M
EWC 0.00% 2.19% -2.19% $0
META 1.20% 2.50% -1.30% $26M
EOSE 0.00% 1.03% -1.03% $0
MCD 0.10% 1.06% -0.96% $2M
UPS 0.60% 1.51% -0.90% $13M
OIH 0.00% 0.69% -0.69% $0
FXI 0.00% 0.64% -0.64% $0
XLU 0.21% 0.81% -0.60% $5M
KWEB 0.36% 0.95% -0.59% $8M
VZ 0.04% 0.58% -0.54% $875K
JPM 0.00% 0.49% -0.49% $0
IREN 0.00% 0.46% -0.46% $0
AVGO 0.00% 0.44% -0.44% $0
TER 0.11% 0.54% -0.43% $2M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 53 $481M 22.0%
Large Cap 485 $1.3B 57.1%
Mid Cap 413 $334M 15.3%
Small Cap 375 $109M 5.0%
Micro Cap 124 $14M 0.6%

Portfolio Analytics

Avg Market Cap
$51.8B
Median Market Cap
$4.6B
Avg P/E
32.5
Median P/E
21.9
Avg Dividend Yield
0.02%
Avg Beta
1.11
# Stocks
1,405
# ETFs / Funds
45

Top Holdings (1,450 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 AMZN 3.88% 408,024 $85M $208.27 $28M +161,152 +65.3%
2 NVDA 2.34% 293,871 $51M $174.40 $10M +71,592 +32.2%
3 GOOG 2.15% 164,235 $47M $286.86 $22M +83,581 +103.6%
4 EWY 2.04% 362,700 $45M $123.01 +362,700 NEW
5 C 2.02% 389,193 $44M $113.41 $16M +148,099 +61.4%
6 IBIT 1.63% 925,862 $36M $38.42 -$41M -621,993 -40.2%
7 RSP 1.58% 179,869 $35M $191.92 $23M +121,069 +205.9%
8 NFLX 1.52% 346,906 $33M $96.15 -$4M -47,017 -11.9%
9 XLF 1.49% 659,300 $33M $49.37 +659,300 NEW
10 CRM 1.43% 167,792 $31M $186.67 $9M +84,040 +100.3%
11 CIFR 1.28% 2,178,594 $28M $12.87 -$5M -79,448 -3.5%
12 META 1.20% 45,936 $26M $572.13 -$23M -29,301 -38.9%
13 ERJ 1.09% 401,632 $24M $59.34 $8M +156,360 +63.8%
14 BA 1.08% 119,056 $24M $199.03 -$2M +1,000 +0.8%
15 IWM 1.08% 95,300 $24M $248.00 +95,300 NEW
16 CME 1.05% 77,801 $23M $295.35 $1M -2,231 -2.8%
17 MU 1.00% 64,873 $22M $337.84 -$6M -31,241 -32.5%
18 INTC 1.00% 495,755 $22M $44.13 $8M +128,631 +35.0%
19 PG 0.94% 142,191 $21M $144.44 $9M +62,572 +78.6%
20 HYG 0.90% 246,900 $20M $79.56 $17M +216,800 +720.3%
21 FSLR 0.90% 99,320 $20M $197.26 -$6M +1,246 +1.3%
22 EWW 0.85% 247,908 $19M $75.23 $15M +192,908 +350.7%
23 EWZ 0.82% 467,477 $18M $38.39 $16M +420,477 +894.6%
24 V 0.76% 55,008 $17M $302.24 $7M +26,976 +96.2%
25 EEM 0.75% 290,087 $16M $56.79 +290,087 NEW
26 BE 0.72% 116,921 $16M $135.49 +116,921 NEW
27 OKTA 0.72% 200,305 $16M $78.71 +200,305 NEW
28 SPOT 0.71% 32,164 $16M $484.91 $13M +27,015 +524.7%
29 ADP 0.69% 74,299 $15M $203.18 $5M +34,328 +85.9%
30 MA 0.66% 29,127 $15M $499.66 +29,127 NEW
31 NET 0.65% 68,903 $14M $206.34 $13M +64,171 +1356.1%
32 MET 0.62% 193,190 $14M $70.72 $8M +115,680 +149.2%
33 UPS 0.60% 134,414 $13M $98.38 -$17M -167,000 -55.4%
34 SO 0.57% 129,217 $12M $96.52 +129,217 NEW
35 ORLY 0.54% 127,894 $12M $92.31 $11M +116,014 +976.5%
36 GS 0.53% 13,743 $12M $845.99 +13,743 NEW
37 OPEN 0.53% 2,474,330 $12M $4.68 -$5M -293,878 -10.6%
38 IEX 0.52% 59,914 $11M $189.55 $3M +12,809 +27.2%
39 GDX 0.46% 110,000 $10M $91.77 $8M +85,000 +340.0%
40 IVE 0.46% 47,750 $10M $211.15 +47,750 NEW
41 MAR 0.44% 29,733 $10M $327.07 +29,733 NEW
42 MSFT 0.44% 26,270 $10M $370.17 -$2M +1,787 +7.3%
43 IGV 0.41% 112,318 $9M $80.05 $272K +29,818 +36.1%
44 WMT 0.39% 69,070 $9M $124.28 $1M +5,050 +7.9%
45 CFG 0.39% 140,716 $8M $59.97 $6M +102,309 +266.4%
46 PANW 0.38% 52,214 $8M $160.32 +52,214 NEW
47 TJX 0.38% 52,091 $8M $159.70 -$2M -13,377 -20.4%
48 KWEB 0.36% 279,000 $8M $28.43 -$11M -276,390 -49.8%
49 PEG 0.36% 96,432 $8M $80.95 $6M +68,772 +248.6%
50 IQV 0.35% 45,475 $8M $170.54 +45,475 NEW
51 MDB 0.35% 31,336 $8M $244.77 $5M +25,174 +408.5%
52 PRU 0.35% 78,044 $8M $97.69 $2M +25,724 +49.2%
53 ADI 0.34% 23,313 $7M $318.14 $7M +22,376 +2388.1%
54 ABC 0.34% 23,463 $7M $314.14 $36K +1,748 +8.1%
55 ED 0.31% 60,845 $7M $113.18 $4M +29,791 +95.9%
56 KHC 0.31% 305,664 $7M $22.49 +305,664 NEW
57 TPR 0.31% 48,335 $7M $141.11 +48,335 NEW
58 D 0.31% 108,509 $7M $61.82 $6M +93,055 +602.1%
59 PNW 0.31% 66,477 $7M $100.75 +66,477 NEW
60 ECL 0.30% 25,010 $7M $266.02 +25,010 NEW
61 BK 0.30% 56,050 $7M $118.63 $2M +14,594 +35.2%
62 DDOG 0.30% 56,139 $7M $118.05 $5M +47,416 +543.6%
63 FAST 0.30% 141,767 $7M $46.40 $5M +93,118 +191.4%
64 DT 0.30% 176,083 $7M $36.98 +176,083 NEW
65 REG 0.29% 85,029 $6M $75.66 +85,029 NEW
66 BRX 0.29% 222,751 $6M $28.80 $3M +87,187 +64.3%
67 ROST 0.29% 29,437 $6M $216.63 +29,437 NEW
68 HD 0.29% 19,279 $6M $328.89 -$5M -13,129 -40.5%
69 MS 0.29% 38,133 $6M $164.57 +38,133 NEW
70 TLT 0.29% 72,000 $6M $86.69 $3M +34,000 +89.5%
71 MNST 0.28% 83,152 $6M $72.46 $2M +29,964 +56.3%
72 PH 0.27% 6,698 $6M $895.24 $2M +2,466 +58.3%
73 DHI 0.27% 43,503 $6M $137.22 $5M +36,403 +512.7%
74 COST 0.27% 5,982 $6M $996.43 $3M +2,289 +62.0%
75 NVR 0.26% 870 $6M $6,589.83 $3M +561 +181.6%
76 BBAI 0.26% 1,627,417 $6M $3.52 +1,627,417 NEW
77 CNQ 0.26% 115,954 $6M $48.73 $5M +88,678 +325.1%
78 COF 0.26% 30,865 $6M $182.43 -$5M -13,799 -30.9%
79 SCHW 0.25% 58,635 $6M $93.98 $2M +20,380 +53.3%
80 FE 0.24% 105,243 $5M $50.66 $5M +100,463 +2101.7%
81 PR 0.24% 247,783 $5M $21.32 $5M +237,651 +2345.6%
82 AON 0.24% 16,254 $5M $322.78 +16,254 NEW
83 APG 0.24% 128,867 $5M $40.52 $1M +21,120 +19.6%
84 EPRT 0.24% 171,206 $5M $30.36 $3M +108,215 +171.8%
85 NTRA 0.24% 25,746 $5M $199.99 -$749K -1
86 SBUX 0.23% 56,751 $5M $89.59 -$94K -4,742 -7.7%
87 VENU 0.23% 1,530,628 $5M $3.31 +1,530,628 NEW
88 ADC 0.23% 66,695 $5M $75.38 $1M +12,349 +22.7%
89 FIVE 0.23% 21,897 $5M $228.48 $2M +4,260 +24.1%
90 AME 0.23% 23,277 $5M $214.36 -$2M -12,533 -35.0%
91 HST 0.23% 257,750 $5M $19.16 $3M +136,536 +112.6%
92 ETHA 0.22% 310,000 $5M $15.83 -$2M +10,000 +3.3%
93 JNJ 0.22% 20,059 $5M $244.44 $4M +13,530 +207.2%
94 XME 0.22% 45,000 $5M $108.01 +45,000 NEW
95 HON 0.22% 21,265 $5M $226.03 $2M +9,355 +78.5%
96 A 0.22% 42,055 $5M $113.98 $3M +30,927 +277.9%
97 LOW 0.22% 20,227 $5M $236.28 +20,227 NEW
98 DRI 0.22% 24,282 $5M $196.04 +24,282 NEW
99 BHP 0.22% 64,878 $5M $72.74 $2M +25,633 +65.3%
100 SPGI 0.21% 10,759 $5M $425.34 +10,759 NEW

Options Breakdown

32 Calls $342M Call Value 22 Puts $777M Put Value 2.27 P/C Ratio

Top Calls

SymbolSharesValueStatus
GDX 2,320,000 $213M NEW
IWM 150,000 $37M NEW
CRM 87,500 $16M NEW
QQQ 20,000 $12M NEW
GLD 25,000 $11M NEW
XLB 206,000 $10M NEW
SPY 10,000 $7M NEW
DAL 75,000 $5M NEW
COF 20,000 $4M NEW
DT 75,000 $3M NEW

Top Puts

SymbolSharesValueStatus
IWM 1,270,400 $315M NEW
HYG 2,410,900 $192M
IBIT 2,328,800 $89M
FBTC 696,200 $41M
GME 1,675,300 $39M
LCID 3,625,500 $35M
PCT 3,365,700 $17M
NVAX 2,086,600 $17M
EOSE 2,655,100 $13M
TLT 140,000 $12M

New Positions

SymbolValue% Port
EWY $45M 2.04%
XLF $33M 1.49%
IWM $24M 1.08%
EEM $16M 0.75%
BE $16M 0.72%
OKTA $16M 0.72%
MA $15M 0.66%
SO $12M 0.57%
GS $12M 0.53%
IVE $10M 0.46%
MAR $10M 0.44%
PANW $8M 0.38%
IQV $8M 0.35%
KHC $7M 0.31%
TPR $7M 0.31%

Sold Out Positions

SymbolValue% Port
T —%
YUM —%
RSI —%
ATEN —%
CVX —%
AR —%
ARMK —%
GNK —%
MTDR —%
AGRO —%
NOW —%
CODI —%
XOM —%
EPC —%
BROS —%
View SEC EDGAR Filings for Graham Capital Management, L.P. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms