We are live on ! Find out more
GCM

Graham Capital Management Portfolio holdings

AUM $4.14B
1-Year Est. Return 17.82%
This Fund
S&P 500
This Quarter Est. Return
-2.99%
1 Year Est. Return
+17.82%
3 Year Est. Return
+41.13%
5 Year Est. Return
+43.39%
10 Year Est. Return
+274.46%
AUM
$5.72B
AUM Growth
-$941M
Cap. Flow
-$1.63B
Cap. Flow %
-28.57%
Top 10 Hldgs %
49.29%
Holding
1,579
New
380
Increased
586
Reduced
258
Closed
326

Top Buys

Rank Stock Value
1
XLU icon
State Street Utilities Select Sector SPDR ETF
XLU
+$22M
2
MA icon
Mastercard
MA
+$16.9M
3
C icon
Citigroup
C
+$16.6M
4
ICOW icon
Pacer Developed Markets International Cash Cows 100 ETF
ICOW
+$15.3M
5
MELI icon
Mercado Libre
MELI
+$13.2M

Top Sells

Rank Stock Value
1
MSTR icon
Strategy Inc
MSTR
+$37.4M
2
HPE icon
Hewlett Packard
HPE
+$18.5M
3
PEP icon
PepsiCo
PEP
+$18.1M
4
TIP icon
iShares TIPS Bond ETF
TIP
+$15.7M
5
SO icon
Southern Company
SO
+$15M

Sector Composition

Rank Sector Weight
1 Financials 5.71%
2 Technology 5.51%
3 Industrials 4.35%
4 Consumer Discretionary 4.17%
5 Healthcare 3.18%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NU icon
26
Nu Holdings
NU
$66.9B
$12.9M 0.23%
1,264,296
+754,149
+148% +$8.91M
CNQ icon
27
Canadian Natural Resources
CNQ
$93.8B
$12.9M 0.23%
419,001
+152,883
+57% +$4.63M
RGA icon
28
Reinsurance Group of America
RGA
$16.1B
$12.5M 0.22%
63,631
+22,406
+54% +$4.64M
CSCO icon
29
Cisco
CSCO
$479B
$12.4M 0.22%
200,855
+95,985
+92% +$5.91M
DG icon
30
Dollar General
DG
$27.9B
$12M 0.21%
136,339
+86,055
+171% +$6.52M
GOOG icon
31
Alphabet (Google) Class C
GOOG
$4.32T
$11.8M 0.21%
75,600
+16,033
+27% +$2.94M
HD icon
32
Home Depot
HD
$355B
$11.5M 0.2%
31,293
+16,793
+116% +$6.54M
BP icon
33
BP
BP
$107B
$11.2M 0.2%
330,057
+101,359
+44% +$3.31M
VUG icon
34
Vanguard Morningstar Growth ETF
VUG
$231B
$10.8M 0.19%
+174,000
New +$11.7M
GLD icon
35
CALL
SPDR Gold Trust
GLD
$141B
$10.7M 0.19%
37,000
+17,000
+85% +$4.5M
CMS icon
36
CMS Energy
CMS
$22.3B
$10.6M 0.18%
140,669
+60,978
+77% +$4.26M
EMBJ
37
Embraer S.A. ADS
EMBJ
$13B
$10.5M 0.18%
227,859
-46,068
-17% -$2.05M
CARR icon
38
Carrier Global
CARR
$52.8B
$10.5M 0.18%
165,826
+23,288
+16% +$1.55M
D icon
39
Dominion Energy
D
$59.3B
$10.2M 0.18%
+181,917
New +$10M
NI icon
40
NiSource
NI
$20.4B
$9.77M 0.17%
+243,814
New +$9.39M
HBAN icon
41
Huntington Bancshares
HBAN
$35.5B
$9.68M 0.17%
644,586
+320,917
+99% +$5.17M
NFLX icon
42
Netflix
NFLX
$309B
$9.57M 0.17%
102,580
-142,000
-58% -$13.5M
QQQ icon
43
CALL
Invesco QQQ Trust
QQQ
$484B
$9.38M 0.16%
+20,000
New +$10.2M
ALL icon
44
Allstate
ALL
$67.5B
$9.32M 0.16%
45,007
+13,613
+43% +$2.65M
FAST icon
45
Fastenal
FAST
$59.5B
$9.32M 0.16%
+240,280
New +$9.01M
MFC icon
46
Manulife Financial
MFC
$73.5B
$9.3M 0.16%
298,623
+98,182
+49% +$2.97M
PG icon
47
Procter & Gamble
PG
$339B
$9.27M 0.16%
54,370
+13,355
+33% +$2.24M
RRC icon
48
Range Resources
RRC
$8.95B
$9.27M 0.16%
232,045
+67,536
+41% +$2.6M
NWSA icon
49
News Corp Class A
NWSA
$15.4B
$9.19M 0.16%
337,779
+110,472
+49% +$3.09M
FLG
50
Flagstar Bank National Association
FLG
$5.82B
$9.09M 0.16%
782,465
-153,981
-16% -$1.73M
1
2
3 4 5

Similar funds

SP
Stockbridge Partners Boston, Massachusetts $4.14B AUM 16.9% 1-Year Est. Return
BOK
Bank of Korea Seoul, South Korea $4.13B AUM
ZP
Zimmer Partners New York $4.15B AUM 14.2% 1-Year Est. Return
SHCM
Sachem Head Capital Management New York $4.15B AUM 48.05% 1-Year Est. Return
AP
Altarock Partners West Palm Beach, Florida $4.13B AUM 0.04% 1-Year Est. Return
BHC
Bowen Hanes & Co Ponte Vedra Beach, Florida $4.11B AUM 41.61% 1-Year Est. Return
BG
Bellevue Group Kuesnacht, Switzerland $4.2B AUM 54.85% 1-Year Est. Return
MGP
Metis Global Partners San Diego, California $4.07B AUM 30.82% 1-Year Est. Return

Graham Capital Management's Q1 2025 Portfolio in Review

As of Q1 2025, Graham Capital Management held 1,579 positions worth $5.72B, down 14% from $6.66B the previous quarter. Its ten largest holdings account for 49% of the portfolio.

Graham Capital Management withdrew a net $1.63B in Q1 2025, closing 326 positions and reducing 258 holdings. Its most notable exit was Strategy Inc, an estimated $37.4M position sold in full.

By sector, the portfolio is most concentrated in Financials at 5.7% of assets, up from 3.5% a quarter earlier, followed by Technology and Industrials.

Against the trend, Graham Capital Management opened a new position in Mastercard worth $17M.

  • Graham Capital Management's largest Q1 2025 buy was Mastercard: 31,082 shares worth $17M.
  • Graham Capital Management added most to State Street Utilities Select Sector SPDR ETF in Q1 2025, an estimated $22M increase.
  • Graham Capital Management's biggest Q1 2025 reduction was Netflix, cutting an estimated $13.5M.
  • Graham Capital Management fully exited Strategy Inc in Q1 2025, selling an estimated $37.4M.
  • Graham Capital Management's ten largest holdings make up 49% of its $5.72B portfolio in Q1 2025.
  • Graham Capital Management opened 380 new positions and closed 326 in Q1 2025.
  • Graham Capital Management's portfolio value fell 14% quarter-over-quarter to $5.72B.

Based on Graham Capital Management's 13F filing for Q1 2025, filed 15 May 2025.