Graham Capital Management’s W&T Offshore WTI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-87,530	Closed	-$143K	–	1562
2025 Q4	$143K	Buy	87,530 +6,195	+8%	+$11.9K	﹤0.01%	1107
2025 Q3	$148K	Buy	+81,335	New	+$144K	0.01%	1121
2025 Q2	–	Sell	-20,767	Closed	-$32.2K	–	1696
2025 Q1	$32.2K	Buy	20,767 +2,499	+14%	+$4.12K	﹤0.01%	1243
2024 Q4	$30.3K	Sell	18,268 -138,597	-88%	-$277K	﹤0.01%	1197
2024 Q3	$337K	Sell	156,865 -132,140	-46%	-$294K	0.01%	744
2024 Q2	$618K	Sell	289,005 -5,129	-2%	-$11.9K	0.02%	520
2024 Q1	$779K	Buy	294,134 +149,780	+104%	+$428K	0.02%	487
2023 Q4	$471K	Sell	144,354 -72,558	-33%	-$268K	0.02%	611
2023 Q3	$950K	Sell	216,912 -174,253	-45%	-$720K	0.03%	382
2023 Q2	$1.51M	Buy	391,165 +178,509	+84%	+$768K	0.05%	272
2023 Q1	$1.08M	Buy	+212,656	New	+$1.19M	0.04%	475
2022 Q4	–	Sell	-68,065	Closed	-$398K	–	1394
2022 Q3	$398K	Sell	68,065 -204,572	-75%	-$1.12M	0.02%	815
2022 Q2	$1.18M	Buy	272,637 +28,888	+12%	+$162K	0.05%	384
2022 Q1	$931K	Buy	243,749 +218,859	+879%	+$964K	0.04%	331
2021 Q4	$80K	Buy	+24,890	New	+$95.8K	﹤0.01%	515