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
+7.17%
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
$6.32B
AUM Growth
-$299M
Cap. Flow
-$1.27B
Cap. Flow %
-20.09%
Top 10 Hldgs %
55.44%
Holding
1,726
New
458
Increased
249
Reduced
476
Closed
529

Top Buys

Rank Stock Value
1
GDX icon
VanEck Gold Miners ETF
GDX
+$42.9M
2
XLI icon
State Street Industrial Select Sector SPDR ETF
XLI
+$20.3M
3
IWM icon
iShares Russell 2000 ETF
IWM
+$13.4M
4
BBIO icon
BridgeBio Pharma
BBIO
+$12.4M
5
EWY icon
iShares MSCI South Korea ETF
EWY
+$12.3M

Top Sells

Rank Stock Value
1
EEM icon
iShares MSCI Emerging Markets ETF
EEM
+$16M
2
IBIT icon
iShares Bitcoin Trust
IBIT
+$15.8M
3
CAT icon
Caterpillar
CAT
+$15.8M
4
ICE icon
Intercontinental Exchange
ICE
+$13.1M
5
CVX icon
Chevron
CVX
+$12.9M

Sector Composition

Rank Sector Weight
1 Industrials 3.82%
2 Technology 3.72%
3 Financials 3.06%
4 Consumer Discretionary 2.78%
5 Healthcare 2.27%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CVX icon
626
Chevron
CVX
$371B
$470K 0.01%
3,026
-83,592
-97% -$12.9M
ANAB icon
627
AnaptysBio
ANAB
$1.66B
$469K 0.01%
+15,320
New +$352K
HRTG icon
628
Heritage Insurance Holdings
HRTG
$976M
$468K 0.01%
18,589
+3,836
+26% +$87.1K
CRVL icon
629
CorVel
CRVL
$3.19B
$468K 0.01%
+6,043
New +$539K
GNK icon
630
Genco Shipping & Trading
GNK
$1.11B
$467K 0.01%
+26,263
New +$434K
LQDA icon
631
Liquidia Corp
LQDA
$8B
$467K 0.01%
+20,536
New +$445K
WWW icon
632
Wolverine World Wide
WWW
$1.55B
$466K 0.01%
+16,995
New +$447K
AMD icon
633
Advanced Micro Devices
AMD
$775B
$465K 0.01%
+2,877
New +$464K
CNC icon
634
Centene
CNC
$32.8B
$464K 0.01%
13,000
-34,833
-73% -$1.05M
ASC icon
635
Ardmore Shipping
ASC
$684M
$462K 0.01%
38,921
+13,308
+52% +$149K
GTX icon
636
Garrett Motion
GTX
$5.59B
$461K 0.01%
33,883
-100,710
-75% -$1.28M
PBH icon
637
Prestige Consumer Healthcare
PBH
$2.57B
$461K 0.01%
+7,386
New +$514K
PR
638
Permian Resources
PR
$17.1B
$452K 0.01%
35,300
-99,513
-74% -$1.36M
TBBK icon
639
The Bancorp
TBBK
$2.82B
$451K 0.01%
+6,020
New +$420K
EBS icon
640
Emergent Biosolutions
EBS
$240M
$450K 0.01%
51,072
+11,812
+30% +$91.9K
HELE icon
641
Helen of Troy
HELE
$692M
$449K 0.01%
17,826
-12,445
-41% -$301K
WTRG icon
642
Essential Utilities
WTRG
$11.3B
$449K 0.01%
+11,247
New +$429K
TRVI icon
643
Trevi Therapeutics
TRVI
$2.65B
$449K 0.01%
49,043
+8,982
+22% +$67.4K
HALO icon
644
Halozyme
HALO
$12.3B
$447K 0.01%
+6,094
New +$405K
ENTA icon
645
Enanta Pharmaceuticals
ENTA
$399M
$447K 0.01%
37,323
+18,593
+99% +$149K
INSW icon
646
International Seaways
INSW
$4.65B
$446K 0.01%
+9,683
New +$418K
TFX icon
647
Teleflex
TFX
$6.05B
$443K 0.01%
+3,621
New +$439K
VBTX
648
DELISTED
Veritex Holdings
VBTX
$442K 0.01%
13,170
-13,574
-51% -$438K
BLMN icon
649
Bloomin' Brands
BLMN
$956M
$441K 0.01%
+61,555
New +$495K
UMH
650
UMH Properties
UMH
$1.36B
$441K 0.01%
+29,708
New +$476K
24 25
26
27 28

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 Q3 2025 Portfolio in Review

As of Q3 2025, Graham Capital Management held 1,726 positions worth $6.32B, down 4.5% from $6.62B the previous quarter. Its ten largest holdings account for 55% of the portfolio.

Graham Capital Management withdrew a net $1.27B in Q3 2025, closing 529 positions and reducing 476 holdings. Its most notable exit was iShares MSCI Emerging Markets ETF, an estimated $16M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 3.8% of assets, down from 4.3% a quarter earlier, followed by Technology and Financials.

Against the trend, Graham Capital Management opened a new position in iShares Russell 2000 ETF worth $14.1M.

  • Graham Capital Management's largest Q3 2025 buy was iShares Russell 2000 ETF: 58,400 shares worth $14.1M.
  • Graham Capital Management added most to VanEck Gold Miners ETF in Q3 2025, an estimated $42.9M increase.
  • Graham Capital Management's biggest Q3 2025 reduction was iShares Bitcoin Trust, cutting an estimated $15.8M.
  • Graham Capital Management fully exited iShares MSCI Emerging Markets ETF in Q3 2025, selling an estimated $16M.
  • Graham Capital Management's ten largest holdings make up 55% of its $6.32B portfolio in Q3 2025.
  • Graham Capital Management opened 458 new positions and closed 529 in Q3 2025.
  • Graham Capital Management's portfolio value fell 4.5% quarter-over-quarter to $6.32B.

Based on Graham Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.