Graham Capital Management’s First Merchants FRME Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	$294K	Sell	7,686 -7,984	-51%	-$306K	﹤0.01%	963
2025 Q1	$634K	Buy	15,670 +5,984	+62%	+$242K	0.01%	682
2024 Q4	$386K	Buy	+9,686	New	+$386K	0.01%	802
2024 Q1	–	Sell	-5,573	Closed	-$207K	–	1120
2023 Q4	$207K	Buy	+5,573	New	+$207K	﹤0.01%	811