2026 Q2 Portfolio Activity
In 2026 Q2, Graham Capital Management, L.P. maintained a portfolio of 1574 distinct positions. The most significant new addition was KEEL INFRASTRUCTURE CORP, now representing 0.69% of the total fund value. They heavily accumulated shares in ISHARES TR, increasing the position by 3193.4%. The fund also reduced its exposure to ISHARES TR by 95.1%.
Position History
hover any row below to update
Loading…
Total Positions
1574
Quarter
2026 Q2
Top Holding
IWM (17.2%)
Top 10 Concentration
35.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 1574
Graham Capital Management, L.P. Full Holdings List — 2026 Q2
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
IWM
PUT
ISHARES TR
|
PUT Option | 17.16% | 7.61% |
#1
Prev: #1
|
9.0 |
—
|
1,868,200 | 147.1% |
P
S
|
3,138,600 | $942,992,370 | 2006 Q3 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
GDX
CALL
VANECK ETF TRUS...
|
CALL Option | 3.45% | 5.14% |
#2
Prev: #2
|
4.9 |
—
|
192,000 | 8.3% |
P
S
|
2,512,000 | $189,530,400 | 2016 Q2 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
N/A
GAMESTOP CORP
|
|
Bond/Debt | 2.73% | — |
#3
Prev: #—
|
5.6 |
—
|
147,647,000 | — |
NEW
|
147,647,000 | $150,110,830 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
N/A
PENGUIN SOLUTIO...
|
|
Bond/Debt | 2.18% | — |
#4
Prev: #—
|
4.9 |
—
|
42,250,000 | — |
NEW
|
42,250,000 | $119,862,616 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
QQQ
CALL
INVESCO QQQ TR
|
CALL Option | 2.09% | 0.28% |
#5
64
Prev: #69
|
4.3 |
—
|
136,000 | 680.0% |
P
S
|
156,000 | $114,878,400 | 2006 Q3 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
N/A
APPLIED DIGITAL...
|
|
Bond/Debt | 1.77% | 2.33% |
#6
2
Prev: #4
|
0.7 |
—
|
-11,975,000 | -33.0% |
P
S
|
24,363,000 | $97,120,817 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
NVDA
NVIDIA CORPORAT...
|
Technology | 1.50% | 1.24% |
#7
7
Prev: #14
|
3.1 |
—
|
117,809 | 40.1% |
P
S
|
411,680 | $82,373,051 | 2005 Q4 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
N/A
GREEN PLAINS IN...
|
|
Bond/Debt | 1.42% | 1.98% |
#8
1
Prev: #7
|
1.1 |
—
|
-878,000 | -1.5% |
P
S
|
57,430,000 | $77,985,627 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
AMZN
AMAZON COM INC
|
Consumer Cyclical | 1.37% | 2.05% |
#9
3
Prev: #6
|
0.5 |
—
|
-93,081 | -22.8% |
P
S
|
314,943 | $75,063,515 | 2006 Q1 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
N/A
GROUPON INC
|
|
Bond/Debt | 1.34% | 1.31% |
#10
3
Prev: #13
|
2.5 |
—
|
8,900,000 | 13.6% |
P
S
|
74,371,000 | $73,822,618 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
N/A
RIVIAN AUTOMOTI...
|
|
Bond/Debt | 1.17% | 1.39% |
#11
1
Prev: #12
|
1.5 |
—
|
no change | no change |
P
S
|
59,794,000 | $64,045,503 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
CLMT
PUT
CALUMET INC
|
PUT Option | 1.12% | 1.49% |
#12
4
Prev: #8
|
1.4 |
—
|
no change | no change |
P
S
|
1,713,400 | $61,716,668 | 2025 Q1 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
N/A
SUNRUN INC
|
|
Bond/Debt | 1.10% | 1.47% |
#13
4
Prev: #9
|
1.4 |
—
|
no change | no change |
P
S
|
50,940,000 | $60,583,864 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
N/A
THE REALREAL IN...
|
|
Bond/Debt | 1.06% | 1.20% |
#14
1
Prev: #15
|
1.4 |
—
|
no change | no change |
P
S
|
41,375,000 | $58,237,898 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
N/A
PURECYCLE TECHN...
|
|
Bond/Debt | 1.06% | — |
#15
Prev: #—
|
3.9 |
—
|
57,250,000 | — |
NEW
|
57,250,000 | $58,063,414 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
IBIT
PUT
ISHARES BITCOIN...
|
PUT Option | 1.05% | 2.16% |
#16
11
Prev: #5
|
0.4 |
—
|
-588,200 | -25.3% |
P
S
|
1,740,600 | $57,944,574 | 2024 Q1 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
GOOG
ALPHABET INC
|
Communication Services | 1.05% | 1.14% |
#17
1
Prev: #16
|
0.9 |
—
|
-1,448 | -0.9% |
P
S
|
162,787 | $57,517,531 | 2006 Q2 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
XME
CALL
SPDR SERIES TRU...
|
CALL Option | 0.97% | — |
#18
Prev: #—
|
3.9 |
—
|
500,000 | — |
NEW
|
500,000 | $53,465,000 | 2012 Q1 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
N/A
APPLIED OPTOELE...
|
|
Bond/Debt | 0.91% | — |
#19
Prev: #—
|
3.9 |
—
|
14,006,000 | — |
NEW
|
14,006,000 | $49,904,448 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
C
CITIGROUP INC
|
Financial Services | 0.87% | 1.07% |
#20
2
Prev: #18
|
0.8 |
—
|
-48,172 | -12.4% |
P
S
|
341,021 | $47,729,299 | 2007 Q2 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
N/A
TILRAY BRANDS I...
|
|
Bond/Debt | 0.86% | 1.44% |
#21
11
Prev: #10
|
0.3 |
—
|
-12,500,000 | -21.2% |
P
S
|
46,500,000 | $46,985,925 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
N/A
MARA HOLDINGS I...
|
|
Bond/Debt | 0.84% | 0.36% |
#22
34
Prev: #56
|
3.3 |
—
|
28,909,000 | 170.1% |
P
S
|
45,909,000 | $46,096,116 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
N/A
RAMACO RES INC
|
|
Bond/Debt | 0.76% | 1.04% |
#23
4
Prev: #19
|
1.3 |
—
|
no change | no change |
P
S
|
56,300,000 | $41,749,969 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
N/A
BRIDGEBIO PHARM...
|
|
Bond/Debt | 0.72% | 0.97% |
#24
3
Prev: #21
|
1.3 |
—
|
no change | no change |
P
S
|
22,241,000 | $39,650,143 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
N/A
CLEANSPARK INC
|
|
Bond/Debt | 0.70% | 0.69% |
#25
5
Prev: #30
|
1.3 |
—
|
no change | no change |
P
S
|
29,519,000 | $38,604,621 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
HYG
ISHARES TR
|
ETF | 0.70% | 0.47% |
#26
15
Prev: #41
|
3.3 |
—
|
231,600 | 93.8% |
P
S
|
478,500 | $38,265,645 | 2012 Q1 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
KEEL
KEEL INFRASTRUC...
|
Technology | 0.69% | — |
#27
Prev: #—
|
3.8 |
—
|
6,611,174 | — |
NEW
|
6,611,174 | $37,948,139 | 2026 Q2 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
SPY
PUT
STATE STR SPDR ...
|
PUT Option | 0.69% | 0.03% |
#28
355
Prev: #383
|
3.3 |
—
|
60,000 | 150.0% |
P
S
|
100,000 | $37,930,000 | 2006 Q2 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
GME
PUT
GAMESTOP CORP
|
PUT Option | 0.68% | 0.93% |
#29
7
Prev: #22
|
0.8 |
—
|
6,800 | 0.4% |
P
S
|
1,682,100 | $37,140,768 | 2007 Q4 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
CIFR
CIPHER DIGITAL ...
|
Technology | 0.67% | 0.68% |
#30
1
Prev: #31
|
0.3 |
—
|
-668,453 | -30.7% |
P
S
|
1,510,141 | $36,998,455 | 2025 Q4 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
GRRR
PUT
GORILLA TECHNOL...
|
PUT Option | 0.65% | — |
#31
Prev: #—
|
3.8 |
—
|
1,800,700 | — |
NEW
|
1,800,700 | $35,797,916 | 2026 Q2 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
FBTC
PUT
FIDELITY WISE O...
|
PUT Option | 0.65% | 0.99% |
#32
12
Prev: #20
|
1.3 |
—
|
no change | no change |
P
S
|
696,200 | $35,541,010 | 2024 Q1 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
ERJ
EMBRAER S.A.
|
Unknown | 0.59% | 0.58% |
#33
Prev: #33
|
2.7 |
—
|
102,540 | 25.5% |
P
S
|
504,172 | $32,166,174 | 2014 Q3 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
N/A
SUPER MICRO COM...
|
|
Bond/Debt | 0.58% | — |
#34
Prev: #—
|
3.7 |
—
|
35,625,000 | — |
NEW
|
35,625,000 | $31,775,911 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
META
META PLATFORMS ...
|
Communication Services | 0.51% | 0.63% |
#35
3
Prev: #32
|
2.2 |
—
|
4,140 | 9.0% |
P
S
|
50,076 | $28,207,310 | 2012 Q4 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
MU
MICRON TECHNOLO...
|
Technology | 0.48% | 0.53% |
#36
1
Prev: #37
|
0.2 |
—
|
-42,094 | -64.9% |
P
S
|
22,779 | $26,293,572 | 2006 Q4 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
XHB
SPDR SERIES TRU...
|
Unknown | 0.48% | 0.10% |
#37
114
Prev: #151
|
3.2 |
—
|
185,500 | 452.4% |
P
S
|
226,500 | $26,174,340 | 2017 Q1 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
N/A
SUPER MICRO COM...
|
|
Unknown | 0.47% | — |
#38
Prev: #—
|
3.7 |
—
|
500,000 | — |
NEW
|
500,000 | $25,641,855 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
TVTX
TRAVERE THERAPE...
|
Healthcare | 0.46% | — |
#39
Prev: #—
|
3.7 |
—
|
446,696 | — |
NEW
|
446,696 | $25,376,800 | 2021 Q4 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
XLV
SELECT SECTOR S...
|
ETF | 0.45% | 0.10% |
#40
116
Prev: #156
|
3.2 |
—
|
127,900 | 472.0% |
P
S
|
155,000 | $24,592,300 | 2015 Q2 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
XYZ
BLOCK INC
|
Technology | 0.44% | 0.05% |
#41
248
Prev: #289
|
3.2 |
—
|
285,609 | 865.5% |
P
S
|
318,609 | $24,214,284 | 2020 Q1 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
INTC
INTEL CORP
|
Technology | 0.44% | 0.53% |
#42
4
Prev: #38
|
0.2 |
—
|
-324,493 | -65.5% |
P
S
|
171,262 | $23,913,313 | 2006 Q1 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
N/A
GREEN PLAINS IN...
|
|
Bond/Debt | 0.43% | 0.47% |
#43
Prev: #43
|
2.7 |
—
|
4,519,000 | 23.6% |
P
S
|
23,694,000 | $23,781,412 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
FSLR
FIRST SOLAR INC
|
Technology | 0.43% | 0.47% |
#44
2
Prev: #42
|
0.7 |
—
|
-120 | -0.1% |
P
S
|
99,200 | $23,407,232 | 2006 Q4 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
BA
BOEING CO
|
Industrials | 0.42% | 0.57% |
#45
11
Prev: #34
|
0.7 |
—
|
-11,192 | -9.4% |
P
S
|
107,864 | $23,349,320 | 2007 Q2 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
PANW
PALO ALTO NETWO...
|
Technology | 0.42% | 0.20% |
#46
35
Prev: #81
|
2.7 |
—
|
14,896 | 28.5% |
P
S
|
67,110 | $22,885,852 | 2018 Q2 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
EWY
ISHARES INC
|
ETF | 0.41% | 1.08% |
#47
30
Prev: #17
|
0.2 |
—
|
-250,696 | -69.1% |
P
S
|
112,004 | $22,613,608 | 2007 Q3 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
RSP
INVESCO EXCHANG...
|
Unknown | 0.41% | 0.83% |
#48
22
Prev: #26
|
0.2 |
—
|
-73,869 | -41.1% |
P
S
|
106,000 | $22,553,620 | 2024 Q3 | 13F Filing | 2026-06-30 | 2026-08-14 | |||
|
N/A
UBER TECHNOLOGI...
|
|
Bond/Debt | 0.40% | — |
#49
Prev: #—
|
3.7 |
—
|
19,000,000 | — |
NEW
|
19,000,000 | $22,009,013 | — | 13F Filing | 2026-06-30 | 2026-08-14 | ||
|
KO
COCA COLA CO
|
Consumer Defensive | 0.40% | 0.07% |
#50
147
Prev: #197
|
3.2 |
—
|
226,792 | 556.4% |
P
S
|
267,554 | $21,744,114 | 2005 Q4 | 13F Filing | 2026-06-30 | 2026-08-14 |
Showing 1-50 of 1574 holdings