Holders — by stockHoldings — by fund
Graham Capital Management, L.P.
Everything this manager disclosed owning in US-listed stocks — its complete Form 13F portfolio · as of 2026-06-30 · filed with the SEC up to 45 days after quarter end · CIK 0001315421
$5.50B
disclosed book value
1,182
positions
17.2%
largest position share
Positions, as of 2026-06-30
top 100 of 1,182 · 13F covers long US-listed positions only — cash, bonds, private and foreign stakes are not disclosed · PUT/CALL tags = options positions (share-equivalents), not shares held
| # | Issuer | Shares | Value | % of book |
|---|---|---|---|---|
| 1 | IWMISHARES TRPUT | 3.1M | $943.0M | 17.2% |
| 2 | GDXVANECK ETF TRUSTCALL | 2.5M | $189.5M | 3.4% |
| 3 | GME 0 06/15/32GAMESTOP CORP | 147.6M | $150.1M | 2.7% |
| 4 | PENG 2 08/15/30PENGUIN SOLUTIONS INC | 42.3M | $119.9M | 2.2% |
| 5 | QQQINVESCO QQQ TRCALL | 156,000 | $114.9M | 2.1% |
| 6 | APLD 2.75 06/01/30APPLIED DIGITAL CORP | 24.4M | $97.1M | 1.8% |
| 7 | NVDANVIDIA CORPORATION | 411,680 | $82.4M | 1.5% |
| 8 | GPRE 5.25 11/01/30 UNRSGREEN PLAINS INC | 57.4M | $78.0M | 1.4% |
| 9 | AMZNAMAZON COM INC | 314,943 | $75.1M | 1.4% |
| 10 | GRPN 4.875 06/30/30 UNRSGROUPON INC | 74.4M | $73.8M | 1.3% |
| 11 | RIVN 3.625 10/15/30RIVIAN AUTOMOTIVE INC | 59.8M | $64.0M | 1.2% |
| 12 | CLMTCALUMET INCPUT | 1.7M | $61.7M | 1.1% |
| 13 | RUN 4 03/01/30SUNRUN INC | 50.9M | $60.6M | 1.1% |
| 14 | REAL 4 02/15/31THE REALREAL INC | 41.4M | $58.2M | 1.1% |
| 15 | PCT 4.75 07/01/32PURECYCLE TECHNOLOGIES INC | 57.3M | $58.1M | 1.1% |
| 16 | IBITISHARES BITCOIN TRUST ETFPUT | 1.7M | $57.9M | 1.1% |
| 17 | GOOGALPHABET INC | 162,787 | $57.5M | 1% |
| 18 | XMESPDR SERIES TRUSTCALL | 500,000 | $53.5M | 1% |
| 19 | AAOI 2.75 01/15/30APPLIED OPTOELECTRONICS INC | 14.0M | $49.9M | 0.9% |
| 20 | CCITIGROUP INC | 341,021 | $47.7M | 0.9% |
| 21 | TLRY 5.2 06/15/27TILRAY BRANDS INC | 46.5M | $47.0M | 0.9% |
| 22 | MARA 0 03/01/30MARA HOLDINGS INC | 45.9M | $46.1M | 0.8% |
| 23 | METC 0 11/01/31RAMACO RES INC | 56.3M | $41.7M | 0.8% |
| 24 | BBIO 2.5 03/15/27BRIDGEBIO PHARMA INC | 22.2M | $39.7M | 0.7% |
| 25 | CLSK 0 06/15/30CLEANSPARK INC | 29.5M | $38.6M | 0.7% |
| 26 | HYGISHARES TR | 478,500 | $38.3M | 0.7% |
| 27 | KEELKEEL INFRASTRUCTURE CORP | 6.6M | $37.9M | 0.7% |
| 28 | SPYSTATE STR SPDR S&P 500 ETF TPUT | 100,000 | $37.9M | 0.7% |
| 29 | GMEGAMESTOP CORPPUT | 1.7M | $37.1M | 0.7% |
| 30 | CIFRCIPHER DIGITAL INC | 1.5M | $37.0M | 0.7% |
| 31 | GORILLA TECHNOLOGY GROUP INCPUT | 1.8M | $35.8M | 0.7% |
| 32 | FBTCFIDELITY WISE ORIGIN BITCOINPUT | 696,200 | $35.5M | 0.6% |
| 33 | EMBJEMBRAER S.A. | 504,172 | $32.2M | 0.6% |
| 34 | SMCI 0 06/15/30SUPER MICRO COMPUTER INC | 35.6M | $31.8M | 0.6% |
| 35 | METAMETA PLATFORMS INC | 50,076 | $28.2M | 0.5% |
| 36 | MUMICRON TECHNOLOGY INC | 22,779 | $26.3M | 0.5% |
| 37 | XHBSPDR SERIES TRUST | 226,500 | $26.2M | 0.5% |
| 38 | SMCI 7 06/01/29SUPER MICRO COMPUTER INC | 500,000 | $25.6M | 0.5% |
| 39 | TVTXTRAVERE THERAPEUTICS INC | 446,696 | $25.4M | 0.5% |
| 40 | XLVSELECT SECTOR SPDR TR | 155,000 | $24.6M | 0.4% |
| 41 | XYZBLOCK INC | 318,609 | $24.2M | 0.4% |
| 42 | INTCINTEL CORP | 171,262 | $23.9M | 0.4% |
| 43 | GPRE 2.25 03/15/27GREEN PLAINS INC | 23.7M | $23.8M | 0.4% |
| 44 | FSLRFIRST SOLAR INC | 99,200 | $23.4M | 0.4% |
| 45 | BABOEING CO | 107,864 | $23.3M | 0.4% |
| 46 | PANWPALO ALTO NETWORKS INC | 67,110 | $22.9M | 0.4% |
| 47 | EWYISHARES INC | 112,004 | $22.6M | 0.4% |
| 48 | RSPINVESCO EXCHANGE TRADED FD T | 106,000 | $22.6M | 0.4% |
| 49 | UBER 0 05/15/28UBER TECHNOLOGIES INC | 19.0M | $22.0M | 0.4% |
| 50 | KOCOCA COLA CO | 267,554 | $21.7M | 0.4% |
| 51 | TSLATESLA INCPUT | 50,000 | $21.0M | 0.4% |
| 52 | EOSEEOS ENERGY ENTERPRISES INC | 3.6M | $21.0M | 0.4% |
| 53 | SPYSTATE STR SPDR S&P 500 ETF T | 27,900 | $20.8M | 0.4% |
| 54 | KRESPDR SERIES TRUST | 268,000 | $20.1M | 0.4% |
| 55 | NVAXNOVAVAX INCPUT | 2.1M | $19.7M | 0.4% |
| 56 | AVGOBROADCOM INC | 50,016 | $18.9M | 0.3% |
| 57 | CMECME GROUP INC | 84,553 | $18.7M | 0.3% |
| 58 | IWMISHARES TR | 62,000 | $18.6M | 0.3% |
| 59 | XLESELECT SECTOR SPDR TR | 350,000 | $18.6M | 0.3% |
| 60 | GLDSPDR GOLD TRCALL | 50,000 | $18.4M | 0.3% |
| 61 | AAPLAPPLE INCPUT | 58,500 | $16.9M | 0.3% |
| 62 | EWZISHARES INC | 462,000 | $15.9M | 0.3% |
| 63 | COSTCOSTCO WHOLESALE CORPORATION | 16,688 | $15.6M | 0.3% |
| 64 | OKTAOKTA INC | 114,400 | $15.6M | 0.3% |
| 65 | SHWSHERWIN WILLIAMS CO | 44,299 | $15.3M | 0.3% |
| 66 | EWWISHARES INC | 192,048 | $14.5M | 0.3% |
| 67 | IEXIDEX CORP | 59,798 | $13.6M | 0.2% |
| 68 | GPRE 5.25 11/01/30 144AGREEN PLAINS INC | 9.3M | $12.7M | 0.2% |
| 69 | XLISELECT SECTOR SPDR TR | 66,240 | $12.3M | 0.2% |
| 70 | NETCLOUDFLARE INC | 49,237 | $12.1M | 0.2% |
| 71 | LOWLOWES COS INC | 52,565 | $11.6M | 0.2% |
| 72 | CBRSCEREBRAS SYSTEMS INC | 52,420 | $11.6M | 0.2% |
| 73 | XLBSELECT SECTOR SPDR TR | 225,000 | $11.4M | 0.2% |
| 74 | MDBMONGODB INC | 33,561 | $11.3M | 0.2% |
| 75 | HDHOME DEPOT INC | 31,921 | $11.3M | 0.2% |
| 76 | LQDISHARES TRPUT | 100,000 | $10.9M | 0.2% |
| 77 | NINISOURCE INC | 223,547 | $10.6M | 0.2% |
| 78 | MAMASTERCARD INCORPORATED | 20,169 | $10.4M | 0.2% |
| 79 | HLTHILTON WORLDWIDE HLDGS INC | 30,466 | $10.1M | 0.2% |
| 80 | RTXRTX CORPORATION | 52,871 | $10.0M | 0.2% |
| 81 | FTVFORTIVE CORP | 163,335 | $10.0M | 0.2% |
| 82 | ENPHENPHASE ENERGY INC | 199,018 | $9.8M | 0.2% |
| 83 | OPENOPENDOOR TECHNOLOGIES INC | 2.1M | $9.8M | 0.2% |
| 84 | GEGE AEROSPACE | 25,900 | $9.7M | 0.2% |
| 85 | NVENT ELEC PLC | 56,160 | $9.5M | 0.2% |
| 86 | FDXFEDEX CORP | 30,091 | $9.4M | 0.2% |
| 87 | JBHTHUNT J B TRANS SVCS INC | 30,819 | $8.9M | 0.2% |
| 88 | BRK/BBERKSHIRE HATHAWAY INC DEL | 17,628 | $8.8M | 0.2% |
| 89 | MSFTMICROSOFT CORPCALL | 23,500 | $8.8M | 0.2% |
| 90 | HWMHOWMET AEROSPACE INC | 32,228 | $8.7M | 0.2% |
| 91 | DTDYNATRACE INC | 197,000 | $8.7M | 0.2% |
| 92 | IBITISHARES BITCOIN TRUST ETF | 259,000 | $8.6M | 0.2% |
| 93 | FASTFASTENAL CO | 175,804 | $8.4M | 0.2% |
| 94 | MSFTMICROSOFT CORP | 22,479 | $8.4M | 0.2% |
| 95 | AOSSMITH A O CORP | 133,343 | $8.4M | 0.2% |
| 96 | CATCATERPILLAR INC | 7,824 | $8.3M | 0.2% |
| 97 | TMUST-MOBILE US INC | 48,950 | $8.2M | 0.1% |
| 98 | TWLOTWILIO INC | 39,388 | $8.1M | 0.1% |
| 99 | TEMTEMPUS AI INC | 139,000 | $8.1M | 0.1% |
| 100 | CGNXCOGNEX CORP | 110,803 | $8.0M | 0.1% |
Source: SEC Form 13F-HR, reporting period 2026-06-30. Values are the manager's filed June-30-style quarter-end marks, not live prices. Research, not investment advice.