GRAHAM CAPITAL MANAGEMENT, L.P.

PrivateCIK: 1315421
Location

ROWAYTON, CT

1093
Positions
$4.14B
Total AUM (reported)
729.71M
Total Shares

Allocation by class

TOTAL AUM$4.14B1093 positions
COM$1.46B35.2%
RUSSELL 2000 ETF$375.89M9.1%
GOLD MINERS ETF$223.00M5.4%
IBOXX HI YD ETF$211.45M5.1%
CL A$166.99M4.0%
COM NEW$148.10M3.6%
SHS BEN INT$125.04M3.0%

Portfolio Concentration

Top 319.6%4–1013.8%11–2516.6%Rest50.0%TOP 1033.4%0%100%
Top 3$810.35M19.6%
4–10$572.77M13.8%
11–25$688.91M16.6%
Rest$2.07B50.0%

Top 3 weight

19.6%

Top 10 weight

33.4%

Voting Authority Distribution

Total shares with voting rights: 729.71M

Sole

Full voting authority

729.71M

shares

% of voting shares100.0%
Shared

Joint voting authority

0.00

shares

% of voting shares0.0%
None

No voting authority

0.00

shares

% of voting shares0.0%

Investment Discretion (by position count)

Sole1093
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings1093
Rows:

ISHARES TR

SOLE
RUSSELL 2000 ETF
Shares1.52M
TypeSH
Market value$375.89M
9.08%
Sole
1.52M
Shared
0.00
None
0.00

VANECK ETF TRUST

SOLE
GOLD MINERS ETF
Shares2.43M
TypeSH
Market value$223.00M
5.39%
Sole
2.43M
Shared
0.00
None
0.00

ISHARES TR

SOLE
IBOXX HI YD ETF
Shares2.66M
TypeSH
Market value$211.45M
5.11%
Sole
2.66M
Shared
0.00
None
0.00

ISHARES BITCOIN TRUST ETF

SOLE
SHS BEN INT
Shares3.25M
TypeSH
Market value$125.04M
3.02%
Sole
3.25M
Shared
0.00
None
0.00

APPLIED DIGITAL CORP

SOLE
NOTE 2.750% 6/0
Shares36.34M
TypePRN
Market value$96.47M
2.33%
Sole
36.34M
Shared
0.00
None
0.00

AMAZON COM INC

SOLE
COM
Shares418.82K
TypeSH
Market value$87.23M
2.11%
Sole
418.82K
Shared
0.00
None
0.00

GREEN PLAINS INC

SOLE
NOTE 5.250%11/0
Shares58.31M
TypePRN
Market value$82.16M
1.98%
Sole
58.31M
Shared
0.00
None
0.00

CALUMET INC

SOLE
COM
Shares1.71M
TypeSH
Market value$61.51M
1.49%
Sole
1.71M
Shared
0.00
None
0.00

SUNRUN INC

SOLE
NOTE 4.000% 3/0
Shares50.94M
TypePRN
Market value$60.67M
1.47%
Sole
50.94M
Shared
0.00
None
0.00

TILRAY BRANDS INC

SOLE
NOTE 5.200% 6/1
Shares59M
TypePRN
Market value$59.69M
1.44%
Sole
59M
Shared
0.00
None
0.00

PURECYCLE TECHNOLOGIES INC

SOLE
NOTE 7.250% 8/1
Shares68.17M
TypePRN
Market value$59.44M
1.44%
Sole
68.17M
Shared
0.00
None
0.00

RIVIAN AUTOMOTIVE INC

SOLE
NOTE 3.625%10/1
Shares59.79M
TypePRN
Market value$57.36M
1.39%
Sole
59.79M
Shared
0.00
None
0.00

GROUPON INC

SOLE
NOTE 4.875% 6/3
Shares65.47M
TypePRN
Market value$54.05M
1.31%
Sole
65.47M
Shared
0.00
None
0.00

NVIDIA CORPORATION

SOLE
COM
Shares303.87K
TypeSH
Market value$53.00M
1.28%
Sole
303.87K
Shared
0.00
None
0.00

THE REALREAL INC

SOLE
DEBT 4.000% 2/1
Shares41.38M
TypePRN
Market value$49.48M
1.20%
Sole
41.38M
Shared
0.00
None
0.00

SALESFORCE INC

SOLE
COM
Shares255.29K
TypeSH
Market value$47.66M
1.15%
Sole
255.29K
Shared
0.00
None
0.00

ALPHABET INC

SOLE
CAP STK CL C
Shares164.24K
TypeSH
Market value$47.11M
1.14%
Sole
164.24K
Shared
0.00
None
0.00

ISHARES INC

SOLE
MSCI STH KOR ETF
Shares362.70K
TypeSH
Market value$44.62M
1.08%
Sole
362.70K
Shared
0.00
None
0.00

CITIGROUP INC

SOLE
COM NEW
Shares389.19K
TypeSH
Market value$44.14M
1.07%
Sole
389.19K
Shared
0.00
None
0.00

RAMACO RES INC

SOLE
NOTE 11/0
Shares56.30M
TypePRN
Market value$43.17M
1.04%
Sole
56.30M
Shared
0.00
None
0.00

FIDELITY WISE ORIGIN BITCOIN

SOLE
SHS
Shares696.20K
TypeSH
Market value$41.10M
0.99%
Sole
696.20K
Shared
0.00
None
0.00

BRIDGEBIO PHARMA INC

SOLE
NOTE 2.500% 3/1
Shares22.24M
TypePRN
Market value$40.12M
0.97%
Sole
22.24M
Shared
0.00
None
0.00

GAMESTOP CORP

SOLE
CL A
Shares1.68M
TypeSH
Market value$38.60M
0.93%
Sole
1.68M
Shared
0.00
None
0.00

LUCID GROUP INC

SOLE
COM NEW
Shares3.63M
TypeSH
Market value$34.55M
0.83%
Sole
3.63M
Shared
0.00
None
0.00

INVESCO EXCHANGE TRADED FD T

SOLE
S&P500 EQL WGT
Shares179.87K
TypeSH
Market value$34.52M
0.83%
Sole
179.87K
Shared
0.00
None
0.00
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