Graham Capital Management, L.P.

Est. AUM

$4.14B

13F long equity only

Positions

1,120

Period

Mar 2026 (Q1)

SEC EDGAR

View filings ↗

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	ISHARES TRPUT	RUSSELL 2000 ETF	$315.1M	1,270,400	7.61%	SOLE
2	VANECK ETF TRUSTCALL	GOLD MINERS ETF	$212.9M	2,320,000	5.14%	SOLE
3	ISHARES TRPUT	IBOXX HI YD ETF	$191.8M	2,410,900	4.63%	SOLE
4	APPLIED DIGITAL CORP	NOTE 2.750% 6/0	$96.5M	36,338,000	2.33%	SOLE
5	ISHARES BITCOIN TRUST ETFPUT	SHS BEN INT	$89.5M	2,328,800	2.16%	SOLE
6	AMAZON COM INC	COM	$85.0M	408,024	2.05%	SOLE
7	GREEN PLAINS INC	NOTE 5.250%11/0	$82.2M	58,308,000	1.98%	SOLE
8	CALUMET INCPUT	COM	$61.5M	1,713,400	1.49%	SOLE
9	SUNRUN INC	NOTE 4.000% 3/0	$60.7M	50,940,000	1.47%	SOLE
10	TILRAY BRANDS INC	NOTE 5.200% 6/1	$59.7M	59,000,000	1.44%	SOLE
11	PURECYCLE TECHNOLOGIES INC	NOTE 7.250% 8/1	$59.4M	68,167,000	1.44%	SOLE
12	RIVIAN AUTOMOTIVE INC	NOTE 3.625%10/1	$57.4M	59,794,000	1.39%	SOLE
13	GROUPON INC	NOTE 4.875% 6/3	$54.1M	65,471,000	1.31%	SOLE
14	NVIDIA CORPORATION	COM	$51.3M	293,871	1.24%	SOLE
15	THE REALREAL INC	DEBT 4.000% 2/1	$49.5M	41,375,000	1.20%	SOLE
16	ALPHABET INC	CAP STK CL C	$47.1M	164,235	1.14%	SOLE
17	ISHARES INC	MSCI STH KOR ETF	$44.6M	362,700	1.08%	SOLE
18	CITIGROUP INC	COM NEW	$44.1M	389,193	1.07%	SOLE
19	RAMACO RES INC	NOTE 11/0	$43.2M	56,300,000	1.04%	SOLE
20	FIDELITY WISE ORIGIN BITCOINPUT	SHS	$41.1M	696,200	0.99%	SOLE
21	BRIDGEBIO PHARMA INC	NOTE 2.500% 3/1	$40.1M	22,241,000	0.97%	SOLE
22	GAMESTOP CORPPUT	CL A	$38.6M	1,675,300	0.93%	SOLE
23	ISHARES TRCALL	RUSSELL 2000 ETF	$37.2M	150,000	0.90%	SOLE
24	ISHARES BITCOIN TRUST ETF	SHS BEN INT	$35.6M	925,862	0.86%	SOLE
25	LUCID GROUP INCPUT	COM NEW	$34.6M	3,625,500	0.83%	SOLE
26	INVESCO EXCHANGE TRADED FD T	S&P500 EQL WGT	$34.5M	179,869	0.83%	SOLE
27	NETFLIX INC.	COM	$33.4M	346,906	0.81%	SOLE
28	SELECT SECTOR SPDR TR	STATE STREET FIN	$32.5M	659,300	0.79%	SOLE
29	SALESFORCE INC	COM	$31.3M	167,792	0.76%	SOLE
30	CLEANSPARK INC	NOTE 6/1	$28.7M	29,519,000	0.69%	SOLE
31	CIPHER DIGITAL INC	COM	$28.0M	2,178,594	0.68%	SOLE
32	META PLATFORMS INC	CL A	$26.3M	45,936	0.63%	SOLE
33	EMBRAER S.A.	SPONSORED ADS	$23.8M	401,632	0.58%	SOLE
34	BOEING CO	COM	$23.7M	119,056	0.57%	SOLE
35	ISHARES TR	RUSSELL 2000 ETF	$23.6M	95,300	0.57%	SOLE
36	CME GROUP INC	COM	$23.0M	77,801	0.56%	SOLE
37	MICRON TECHNOLOGY INC	COM	$21.9M	64,873	0.53%	SOLE
38	INTEL CORP	COM	$21.9M	495,755	0.53%	SOLE
39	TRAVERE THERAPEUTICS INC	NOTE 2.250% 3/0	$21.4M	16,872,000	0.52%	SOLE
40	PROCTER & GAMBLE CO	COM	$20.5M	142,191	0.50%	SOLE
41	ISHARES TR	IBOXX HI YD ETF	$19.6M	246,900	0.47%	SOLE
42	FIRST SOLAR INC	COM	$19.6M	99,320	0.47%	SOLE
43	GREEN PLAINS INC	NOTE 2.250% 3/1	$19.3M	19,175,000	0.47%	SOLE
44	ISHARES INC	MSCI MEXICO ETF	$18.6M	247,908	0.45%	SOLE
45	ISHARES INC	MSCI BRAZIL ETF	$17.9M	467,477	0.43%	SOLE
46	PURECYCLE TECHNOLOGIES INCPUT	COM	$17.5M	3,365,700	0.42%	SOLE
47	NOVAVAX INCPUT	COM NEW	$17.0M	2,086,600	0.41%	SOLE
48	VISA INC	COM CL A	$16.6M	55,008	0.40%	SOLE
49	SOLARIS ENERGY INFRAS INC	NOTE 0.250%10/0	$16.6M	13,233,000	0.40%	SOLE
50	ISHARES TR	MSCI EMG MKT ETF	$16.5M	290,087	0.40%	SOLE

1–50 of 1,120

1 / 23

Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.