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
-2.99%
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
$5.72B
AUM Growth
-$941M
Cap. Flow
-$1.63B
Cap. Flow %
-28.57%
Top 10 Hldgs %
49.29%
Holding
1,579
New
380
Increased
586
Reduced
258
Closed
326

Top Buys

Rank Stock Value
1
XLU icon
State Street Utilities Select Sector SPDR ETF
XLU
+$22M
2
MA icon
Mastercard
MA
+$16.9M
3
C icon
Citigroup
C
+$16.6M
4
ICOW icon
Pacer Developed Markets International Cash Cows 100 ETF
ICOW
+$15.3M
5
MELI icon
Mercado Libre
MELI
+$13.2M

Top Sells

Rank Stock Value
1
MSTR icon
Strategy Inc
MSTR
+$37.4M
2
HPE icon
Hewlett Packard
HPE
+$18.5M
3
PEP icon
PepsiCo
PEP
+$18.1M
4
TIP icon
iShares TIPS Bond ETF
TIP
+$15.7M
5
SO icon
Southern Company
SO
+$15M

Sector Composition

Rank Sector Weight
1 Financials 5.71%
2 Technology 5.51%
3 Industrials 4.35%
4 Consumer Discretionary 4.17%
5 Healthcare 3.18%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ASAN icon
176
Asana
ASAN
$2.13B
$3.25M 0.06%
+223,359
New +$4.24M
XRAY icon
177
Dentsply Sirona
XRAY
$2.43B
$3.25M 0.06%
+217,827
New +$3.86M
SG icon
178
Sweetgreen
SG
$642M
$3.25M 0.06%
129,793
+25,671
+25% +$708K
KLAC icon
179
KLA
KLAC
$259B
$3.24M 0.06%
47,640
-41,020
-46% -$2.95M
RY icon
180
Royal Bank of Canada
RY
$293B
$3.21M 0.06%
28,478
+11,532
+68% +$1.36M
CRK icon
181
Comstock Resources
CRK
$3.94B
$3.2M 0.06%
157,425
+121,607
+340% +$2.33M
BKNG icon
182
Booking.com
BKNG
$161B
$3.18M 0.06%
17,275
+16,150
+1,436% +$3.09M
ORA icon
183
Ormat Technologies
ORA
$6.65B
$3.16M 0.06%
44,625
+8,868
+25% +$601K
FNF icon
184
Fidelity National Financial
FNF
$13.5B
$3.15M 0.06%
+48,426
New +$2.91M
XP icon
185
XP
XP
$8.39B
$3.15M 0.06%
228,782
+9,846
+4% +$136K
PLTR icon
186
Palantir
PLTR
$413B
$3.14M 0.06%
+37,245
New +$3.27M
FND icon
187
Floor & Decor
FND
$6.68B
$3.13M 0.05%
38,916
+20,374
+110% +$1.92M
WMB icon
188
Williams Companies
WMB
$86.1B
$3.07M 0.05%
+51,427
New +$2.94M
MSOS icon
189
AdvisorShares Pure US Cannabis ETF
MSOS
$880M
$3.07M 0.05%
1,176,253
+1,129,753
+2,430% +$3.64M
ALRM icon
190
Alarm.com
ALRM
$2.85B
$3.06M 0.05%
55,064
+7,687
+16% +$461K
XLF icon
191
State Street Financial Select Sector SPDR ETF
XLF
$58.2B
$3.06M 0.05%
61,500
-207,670
-77% -$10.4M
THG icon
192
Hanover Insurance
THG
$7.98B
$3.05M 0.05%
+17,555
New +$2.84M
APTV icon
193
Aptiv
APTV
$10.3B
$3.04M 0.05%
51,146
+33,459
+189% +$2.12M
UAL icon
194
United Airlines
UAL
$42.1B
$3.03M 0.05%
+43,924
New +$4.15M
LPX icon
195
Louisiana-Pacific
LPX
$5.49B
$3.03M 0.05%
32,968
-4,330
-12% -$452K
ALAB icon
196
Astera Labs
ALAB
$58B
$3.02M 0.05%
50,652
+30,537
+152% +$2.82M
F icon
197
Ford
F
$55.7B
$3.01M 0.05%
299,857
+132,591
+79% +$1.3M
AMBA icon
198
Ambarella
AMBA
$3.81B
$3.01M 0.05%
59,728
+28,895
+94% +$1.98M
OPK icon
199
Opko Health
OPK
$1.02B
$3.01M 0.05%
+1,810,392
New +$2.98M
BIPC icon
200
Brookfield Infrastructure
BIPC
$4.85B
$2.98M 0.05%
82,478
+21,247
+35% +$836K
6 7
8
9 10

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 Q1 2025 Portfolio in Review

As of Q1 2025, Graham Capital Management held 1,579 positions worth $5.72B, down 14% from $6.66B the previous quarter. Its ten largest holdings account for 49% of the portfolio.

Graham Capital Management withdrew a net $1.63B in Q1 2025, closing 326 positions and reducing 258 holdings. Its most notable exit was Strategy Inc, an estimated $37.4M position sold in full.

By sector, the portfolio is most concentrated in Financials at 5.7% of assets, up from 3.5% a quarter earlier, followed by Technology and Industrials.

Against the trend, Graham Capital Management opened a new position in Mastercard worth $17M.

  • Graham Capital Management's largest Q1 2025 buy was Mastercard: 31,082 shares worth $17M.
  • Graham Capital Management added most to State Street Utilities Select Sector SPDR ETF in Q1 2025, an estimated $22M increase.
  • Graham Capital Management's biggest Q1 2025 reduction was Netflix, cutting an estimated $13.5M.
  • Graham Capital Management fully exited Strategy Inc in Q1 2025, selling an estimated $37.4M.
  • Graham Capital Management's ten largest holdings make up 49% of its $5.72B portfolio in Q1 2025.
  • Graham Capital Management opened 380 new positions and closed 326 in Q1 2025.
  • Graham Capital Management's portfolio value fell 14% quarter-over-quarter to $5.72B.

Based on Graham Capital Management's 13F filing for Q1 2025, filed 15 May 2025.