GCM

Graham Capital Management Portfolio holdings

AUM $3.15B

AUM

$3.15B

AUM Growth

-$86.5M (-3%)

Cap. Flow

+$701M

Cap. Flow % of AUM

22.24%

Top 10 Holdings %Top 10 Hldgs %

25.78%

Holding

1,552

New

362

Increased

582

Reduced

247

Closed

316

Top Buys

1	Utilities Select Sector SPDR Fund XLU	$22.2M
2	Mastercard MA	$17M
3	Pacer Developed Markets International Cash Cows 100 ETF ICOW	$15.6M
4	Citigroup C	$15.4M
5	Mercado Libre MELI	$12.9M

Top Sells

1	Netflix NFLX	$13.2M
2	iShares iBoxx $ High Yield Corporate Bond ETF HYG	$10.8M
3	Financial Select Sector SPDR Fund XLF	$10.3M
4	S&P Global SPGI	$9.05M
5	NVIDIA NVDA	$8.17M

Sector Composition

1	Financials	10.32%
2	Technology	10.21%
3	Industrials	7.85%
4	Consumer Discretionary	7.56%
5	Healthcare	5.76%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1301	1301 Lazard LAZ $4.04B	$0	0%	0 -4,003	Closed	–
1302	1302 Liberty Broadband Class C LBRDK $13.4B	$0	0%	0 -4,164	Closed	–
1303	1303 Lucid Motors LCID $6.56B	$0	0%	0 -27,121	Closed	–
1304	1304 L3Harris LHX $45.5B	$0	0%	0 -9,258	Closed	–
1305	1305 Light & Wonder LNW $7.19B	$0	0%	0 -3,871	Closed	–
1306	1306 Logitech LOGI $12.2B	$0	0%	0 -27,658	Closed	–
1307	1307 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD $30.6B	$0	0%	0 -104,900	Closed	–
1308	1308 Liquidity Services LQDT $724M	$0	0%	0 -7,578	Closed	–
1309	1309 Larimar Therapeutics LRMR $172M	$0	0%	0 -14,078	Closed	–
1310	1310 Southwest Airlines LUV $19.1B	$0	0%	0 -108,765	Closed	–
1311	1311 LyondellBasell Industries LYB $17.5B	$0	0%	0 -4,310	Closed	–
1312	1312 LegalZoom.com LZ $1.65B	$0	0%	0 -44,451	Closed	–
1313	1313 Marathon Digital Holdings MARA $5.55B	$0	0%	0	–	–
1314	1314 Mattel MAT $6B	$0	0%	0 -11,193	Closed	–
1315	1315 Maxeon Solar Technologies MAXN $49.5M	$0	0%	0	–	–
1316	1316 Microchip Technology MCHP $35.2B	$0	0%	0 -11,566	Closed	–
1317	1317 McKesson MCK $90.2B	$0	0%	0 -3,971	Closed	–
1318	1318 Medtronic MDT $107B	$0	0%	0 -16,548	Closed	–
1319	1319 MetLife MET $52.8B	$0	0%	0 -62,196	Closed	–
1320	1320 MGM Resorts International MGM $8.48B	$0	0%	0 -78,448	Closed	–
1321	1321 Mohawk Industries MHK $6.16B	$0	0%	0 -4,500	Closed	–
1322	1322 McCormick & Company Non-Voting MKC $19.7B	$0	0%	0 -6,294	Closed	–
1323	1323 MKS Inc. Common Stock MKSI $5.53B	$0	0%	0 -9,110	Closed	–
1324	1324 Mueller Industries MLI $8.56B	$0	0%	0 -6,000	Closed	–
1325	1325 Monro MNRO $468M	$0	0%	0 -30,667	Closed	–