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 3.84%
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
QQQ icon
101
Invesco QQQ Trust
QQQ
$484B
$4.92M 0.08%
+8,200
New +$4.7M
ADBE icon
102
Adobe
ADBE
$105B
$4.92M 0.08%
13,948
+1,302
+10% +$467K
OSCR icon
103
Oscar Health
OSCR
$8.61B
$4.77M 0.08%
251,872
+61,605
+32% +$1.02M
NDAQ icon
104
Nasdaq
NDAQ
$52.9B
$4.68M 0.07%
52,855
+40,339
+322% +$3.74M
MNST icon
105
Monster Beverage
MNST
$88.5B
$4.52M 0.07%
67,135
-150,336
-69% -$9.38M
VLTO icon
106
Veralto
VLTO
$24B
$4.51M 0.07%
42,336
+17,876
+73% +$1.89M
MDT icon
107
Medtronic
MDT
$112B
$4.5M 0.07%
+47,242
New +$4.34M
APG icon
108
APi Group
APG
$18B
$4.49M 0.07%
130,695
+63,195
+94% +$2.21M
PCAP
109
ProCap Acquisition Corp
PCAP
$327M
$4.49M 0.07%
+437,135
New +$4.51M
NVR icon
110
NVR
NVR
$17B
$4.48M 0.07%
557
+140
+34% +$1.11M
CW icon
111
Curtiss-Wright
CW
$25.5B
$4.45M 0.07%
8,199
+6,571
+404% +$3.24M
GD icon
112
General Dynamics
GD
$106B
$4.43M 0.07%
13,000
+3,061
+31% +$965K
GRPN icon
113
PUT
Groupon
GRPN
$1.02B
$4.41M 0.07%
189,000
-236,000
-56% -$6.79M
AMZN icon
114
PUT
Amazon
AMZN
$2.96T
$4.39M 0.07%
+20,000
New +$4.53M
CHE icon
115
Chemed
CHE
$7.22B
$4.26M 0.07%
9,525
+2,083
+28% +$943K
SOFI icon
116
SoFi Technologies
SOFI
$23.7B
$4.22M 0.07%
159,694
+116,008
+266% +$2.75M
CEPT
117
DELISTED
Cantor Equity Partners II
CEPT
$4.16M 0.07%
394,318
– –
FERG icon
118
Ferguson
FERG
$49.8B
$4.11M 0.07%
+18,300
New +$4.14M
DLTR icon
119
Dollar Tree
DLTR
$25.2B
$4.02M 0.06%
42,601
+15,333
+56% +$1.64M
ALLE icon
120
Allegion
ALLE
$14.4B
$3.99M 0.06%
+22,500
New +$3.72M
MSM icon
121
MSC Industrial Direct
MSM
$6.86B
$3.96M 0.06%
+42,962
New +$3.83M
LHX icon
122
L3Harris
LHX
$53.4B
$3.91M 0.06%
12,791
+5,591
+78% +$1.53M
MCK icon
123
McKesson
MCK
$101B
$3.89M 0.06%
5,030
-3,785
-43% -$2.67M
GENI icon
124
Genius Sports
GENI
$2.11B
$3.84M 0.06%
310,359
-219,155
-41% -$2.62M
RCL icon
125
Royal Caribbean
RCL
$85.6B
$3.81M 0.06%
11,785
+3,880
+49% +$1.3M
3 4
5
6 7

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.