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
+2.21%
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
$2.9B
AUM Growth
+$826M
(+40%)
Cap. Flow
-$519M
Cap. Flow
% of AUM
-17.86%
Top 10 Holdings %
Top 10 Hldgs %
66.35%
Holding
107
New
31
Increased
13
Reduced
12
Closed
19
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
|
+$55.8M |
| 2 |
Microsoft
MSFT
|
+$44.1M |
| 3 |
WLL
Whiting Petroleum Corporation
WLL
|
+$40.6M |
| 4 |
3M
MMM
|
+$32.2M |
| 5 |
Marriott International
MAR
|
+$23.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$21.6M |
| 2 |
Salesforce
CRM
|
+$18.7M |
| 3 |
Home Depot
HD
|
+$12.5M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$11.9M |
| 5 |
Nike
NKE
|
+$11.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 4.17% |
| 2 | Technology | 3.44% |
| 3 | Consumer Discretionary | 3.42% |
| 4 | Financials | 1.88% |
| 5 | Energy | 0.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
APHA
51
PUT
DELISTED
Aphria Inc. Common Shares
APHA
| $1.88M | 0.06% |
422,700
-515,200
| -55% | -$2.41M |
|
52
Southwest Airlines
LUV
$23B
| $1.71M | 0.06% |
45,500
+9,100
| +25% | +$323K |
|
53
iShares MSCI Brazil ETF
EWZ
$8.95B
| $1.49M | 0.05% |
+54,000
| New | +$1.66M |
|
54
Twist Bioscience
TWST
$7.25B
| $1.12M | 0.04% |
14,748
-23,313
| -61% | -$1.45M |
|
55
PENN Entertainment
PENN
$2.71B
| $727K | 0.03% |
+10,000
| New | +$491K |
|
56
Genworth Financial
GNW
$3.71B
| $670K | 0.02% |
+200,000
| New | +$533K |
|
|
NKLA
57
DELISTED
Nikola Corporation Common Stock
NKLA
| $614K | 0.02% |
+1,000
| New | +$1.16M |
|
|
TWO
58
Two Harbors Investment
TWO
$1.27B
| $509K | 0.02% |
25,000
| – | – |
|
|
UNIT
59
Uniti Group
UNIT
$2.32B
| $470K | 0.02% |
+44,661
| New | +$433K |
|
|
ACB
60
PUT
Aurora Cannabis
ACB
$185M
| $316K | 0.01% |
6,812
| – | – |
|
|
WLL
61
PUT
DELISTED
Whiting Petroleum Corporation
WLL
| $115K | ﹤0.01% |
6,691
-13,986
| -68% | -$779K |
|
|
MNK
62
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $24K | ﹤0.01% |
+25,000
| New | +$44.3K |
|
|
AVDL
63
DELISTED
Avadel Pharmaceuticals
AVDL
| – | – |
-63,600
| Closed | -$513K |
|
|
64
Alibaba
BABA
$308B
| – | – |
-100,000
| Closed | -$21.6M |
|
|
BZUN
65
PUT
Baozun
BZUN
$172M
| – | – |
-413,200
| Closed | -$15.9M |
|
|
66
Salesforce
CRM
$158B
| – | – |
-100,000
| Closed | -$18.7M |
|
|
67
VanEck Gold Miners ETF
GDX
$27.4B
| – | – |
-324,852
| Closed | -$11.9M |
|
|
68
Home Depot
HD
$355B
| – | – |
-50,000
| Closed | -$12.5M |
|
69
iShares Biotechnology ETF
IBB
$9.77B
| – | – |
-75,000
| Closed | -$10.3M |
|
70
Intel
INTC
$513B
| – | – |
-25,000
| Closed | -$1.5M |
|
71
NIO
NIO
$11.9B
| – | – |
-364,840
| Closed | -$5.62M |
|
|
72
Nike
NKE
$61.9B
| – | – |
-120,000
| Closed | -$11.8M |
|
73
Annaly Capital Management
NLY
$17.4B
| – | – |
-17,500
| Closed | -$459K |
|
74
Northern Oil and Gas
NOG
$2.35B
| – | – |
-354,424
| Closed | -$2.97M |
|
|
RWT
75
Redwood Trust
RWT
$594M
| – | – |
-18,936
| Closed | -$134K |
|
Similar funds
SP
BOK
ZP
SHCM
AP
BHC
BG
MGP
Graham Capital Management's Q3 2020 Portfolio in Review
As of Q3 2020, Graham Capital Management held 107 positions worth $2.9B, up 40% from $2.08B the previous quarter. Its ten largest holdings account for 66% of the portfolio.
Graham Capital Management withdrew a net $519M in Q3 2020, closing 19 positions and reducing 12 holdings. Its most notable exit was Alibaba, an estimated $21.6M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 4.2% of assets, up from 3.2% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Graham Capital Management opened a new position in State Street SPDR S&P Oil & Gas Exploration & Production ETF worth $46.6M.
- Graham Capital Management's largest Q3 2020 buy was State Street SPDR S&P Oil & Gas Exploration & Production ETF: 1,108,846 shares worth $46.6M.
- Graham Capital Management added most to 3M in Q3 2020, an estimated $32.2M increase.
- Graham Capital Management's biggest Q3 2020 reduction was JPMorgan Chase, cutting an estimated $5.89M.
- Graham Capital Management fully exited Alibaba in Q3 2020, selling an estimated $21.6M.
- Graham Capital Management's ten largest holdings make up 66% of its $2.9B portfolio in Q3 2020.
- Graham Capital Management opened 31 new positions and closed 19 in Q3 2020.
- Graham Capital Management's portfolio value rose 40% quarter-over-quarter to $2.9B.
Based on Graham Capital Management's 13F filing for Q3 2020, filed 16 Nov 2020.