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
-0.11%
1 Year Est. Return
+17.82%
3 Year Est. Return
+41.13%
5 Year Est. Return
+43.39%
10 Year Est. Return
+148.36%
AUM
$4.14B
AUM Growth
-$38.8M
Cap. Flow
-$605M
Cap. Flow %
-14.61%
Top 10 Hldgs %
30.31%
Holding
1,593
New
402
Increased
336
Reduced
352
Closed
473

Top Buys

Rank Stock Value
1
EWY icon
iShares MSCI South Korea ETF
EWY
+$45.4M
2
AMZN icon
Amazon
AMZN
+$35.5M
3
XLF icon
State Street Financial Select Sector SPDR ETF
XLF
+$34.4M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$26.3M
5
IWM icon
iShares Russell 2000 ETF
IWM
+$24.6M

Top Sells

Rank Stock Value
1
EWC icon
iShares MSCI Canada ETF
EWC
+$43.5M
2
IBIT icon
iShares Bitcoin Trust
IBIT
+$26.9M
3
MCD icon
McDonald's
MCD
+$19.7M
4
EOSE icon
Eos Energy Enterprises
EOSE
+$19.3M
5
META icon
Meta Platforms (Facebook)
META
+$18.8M

Sector Composition

Rank Sector Weight
1 Technology 9.27%
2 Financials 6.94%
3 Industrials 6.85%
4 Consumer Discretionary 6.52%
5 Communication Services 3.87%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TBPH icon
1476
Theravance Biopharma
TBPH
$875M
– –
-10,296
Closed -$193K
TCBI icon
1477
Texas Capital Bancshares
TCBI
$4.29B
– –
-3,699
Closed -$335K
TDG icon
1478
TransDigm Group
TDG
$73.2B
– –
-2,800
Closed -$3.72M
TDOC icon
1479
Teladoc Health
TDOC
$1.69B
– –
-51,313
Closed -$359K
TDS icon
1480
Telephone and Data Systems
TDS
$3.87B
– –
-34,152
Closed -$1.4M
TDUP icon
1481
ThredUp
TDUP
$760M
– –
-110,095
Closed -$704K
TERN
1482
DELISTED
Terns Pharmaceuticals
TERN
– –
-10,958
Closed -$443K
TFX icon
1483
Teleflex
TFX
$5.94B
– –
-2,282
Closed -$278K
THRY icon
1484
Thryv Holdings
THRY
$184M
– –
-18,023
Closed -$109K
TIP icon
1485
iShares TIPS Bond ETF
TIP
$14.5B
– –
-30,400
Closed -$3.34M
TITN icon
1486
Titan Machinery
TITN
$458M
– –
-11,640
Closed -$175K
TLRY icon
1487
CALL
Tilray
TLRY
$498M
– –
-405,400
Closed -$3.66M
TLRY icon
1488
Tilray
TLRY
$498M
– –
-359,540
Closed -$3.25M
TLS icon
1489
Telos
TLS
$344M
– –
-68,754
Closed -$351K
TMCI icon
1490
Treace Medical Concepts
TMCI
$260M
– –
-11,007
Closed -$27K
TNGX icon
1491
Tango Therapeutics
TNGX
$4.34B
– –
-51,319
Closed -$455K
TNYA icon
1492
Tenaya Therapeutics
TNYA
$164M
– –
-178,764
Closed -$127K
TOST icon
1493
Toast
TOST
$18.8B
– –
-10,279
Closed -$365K
TRIN icon
1494
Trinity Capital Inc.
TRIN
$1.59B
– –
-11,234
Closed -$165K
TRNS icon
1495
Transcat
TRNS
$804M
– –
-5,508
Closed -$312K
TSLA icon
1496
CALL
Tesla
TSLA
$1.21T
– –
-4,500
Closed -$2.02M
TSM icon
1497
TSMC
TSM
$2.03T
– –
-702
Closed -$213K
TTGT icon
1498
TechTarget
TTGT
$323M
– –
-10,729
Closed -$57.9K
TTMI icon
1499
TTM Technologies
TTMI
$11.3B
– –
-3,391
Closed -$234K
TWO
1500
Two Harbors Investment
TWO
$1.27B
– –
-34,164
Closed -$359K
58 59
60
61 62

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
BT
Banque Transatlantique Paris, France $4.17B AUM 28.5% 1-Year Est. Return
BHC
Bowen Hanes & Co Ponte Vedra Beach, Florida $4.11B AUM 41.61% 1-Year Est. Return
HIP
HUB Investment Partners Austin, Texas $4.18B AUM 24.76% 1-Year Est. Return

Graham Capital Management's Q1 2026 Portfolio in Review

As of Q1 2026, Graham Capital Management held 1,593 positions worth $4.14B, down 0.93% from $4.18B the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Graham Capital Management withdrew a net $605M in Q1 2026, closing 473 positions and reducing 352 holdings. Its most notable exit was iShares MSCI Canada ETF, an estimated $43.5M position sold in full.

By sector, the portfolio is most concentrated in Technology at 9.3% of assets, up from 8.9% a quarter earlier, followed by Financials and Industrials.

Against the trend, Graham Capital Management opened a new position in iShares MSCI South Korea ETF worth $44.6M.

  • Graham Capital Management's largest Q1 2026 buy was iShares MSCI South Korea ETF: 362,700 shares worth $44.6M.
  • Graham Capital Management added most to Amazon in Q1 2026, an estimated $35.5M increase.
  • Graham Capital Management's biggest Q1 2026 reduction was iShares Bitcoin Trust, cutting an estimated $26.9M.
  • Graham Capital Management fully exited iShares MSCI Canada ETF in Q1 2026, selling an estimated $43.5M.
  • Graham Capital Management's ten largest holdings make up 30% of its $4.14B portfolio in Q1 2026.
  • Graham Capital Management opened 402 new positions and closed 473 in Q1 2026.
  • Graham Capital Management's portfolio value fell 0.93% quarter-over-quarter to $4.14B.

Based on Graham Capital Management's 13F filing for Q1 2026, filed 15 May 2026.