Graham Capital Management’s State Street SPDR S&P 500 ETF Trust SPY Stock Holding History

Graham Capital Management’s Portfolio SPY Stock Details SPY Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$6.5M	Buy	+10,000	New	+$6.8M	0.16%	100
2025 Q2	–	Sell	-50,800	Closed	-$28.4M	–	1606
2025 Q1	$28.4M	Buy	+50,800	New	+$29.9M	0.5%	25
2022 Q2	–	Sell	-325,000	Closed	-$147M	–	1223
2022 Q1	$147M	Buy	+325,000	New	+$145M	5.07%	3
2021 Q1	–	Sell	-220,000	Closed	-$82.3M	–	162
2020 Q4	$82.3M	Buy	+220,000	New	+$78M	3.02%	8
2020 Q3	–	Sell	-1,145,000	Closed	-$353M	–	102
2020 Q2	$353M	Buy	+1,145,000	New	+$335M	16.99%	1
2019 Q4	–	Sell	-764,000	Closed	-$227M	–	94
2019 Q3	$227M	Sell	764,000 -396,000	-34%	-$117M	7.4%	3
2019 Q2	$340M	Buy	+1,160,000	New	+$334M	10%	2
2018 Q1	–	Sell	-1,500,000	Closed	-$400M	–	131
2017 Q4	$400M	Sell	1,500,000 -450,000	-23%	-$117M	10.43%	3
2017 Q3	$490M	Buy	+1,950,000	New	+$481M	10.28%	3
2015 Q3	–	Sell	-1,271,600	Closed	-$262M	–	130
2015 Q2	$262M	Buy	+1,271,600	New	+$267M	14.49%	1
2014 Q4	–	Sell	-1,868,000	Closed	-$368M	–	171
2014 Q3	$368M	Sell	1,868,000 -953,600	-34%	-$189M	16.24%	1
2014 Q2	$552M	Buy	2,821,600 +2,321,600	+464%	+$441M	16.62%	1
2014 Q1	$93.5M	Buy	+500,000	New	+$91.8M	5.11%	2
2013 Q4	–	Sell	-220,000	Closed	-$37M	–	139
2013 Q3	$37M	Buy	+220,000	New	+$36.9M	2.27%	9

Other funds holding SPY

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Graham Capital Management's SPY Position: Q1 2026 in Review

Graham Capital Management sold out of State Street SPDR S&P 500 ETF Trust (SPY) in Q1 2026, closing a stake of 8,000 shares — an estimated $5.44M sold.

Graham Capital Management first reported a position in SPY in Q3 2013 and held it in 18 quarters. The position peaked at $1.58B in Q3 2018. 4,555 funds tracked by Wall St. Rank hold SPY as of Q1 2026.

Graham Capital Management reported no remaining State Street SPDR S&P 500 ETF Trust position as of Q1 2026 after selling out during the quarter.
Graham Capital Management sold 8,000 State Street SPDR S&P 500 ETF Trust shares in Q1 2026, an estimated $5.44M.
Graham Capital Management first reported a position in State Street SPDR S&P 500 ETF Trust in Q3 2013 and held it in 18 quarters.
Graham Capital Management's State Street SPDR S&P 500 ETF Trust position peaked at $1.58B in Q3 2018.
4,555 funds tracked by Wall St. Rank held State Street SPDR S&P 500 ETF Trust as of Q1 2026.

Based on Graham Capital Management's 13F filing for Q1 2026, filed 15 May 2026.