GRAHAM CAPITAL MANAGEMENT, L.P.

PrivateCIK: 1315421
Location

ROWAYTON, CT

1182
Positions
$5.50B
Total AUM (reported)
949.84M
Total Shares

Allocation by class

TOTAL AUM$5.50B1182 positions
COM$1.69B30.7%
RUSSELL 2000 ETF$961.62M17.5%
NOTE 6/1$220.49M4.0%
CL A$220.34M4.0%
GOLD MINERS ETF$192.17M3.5%
COM NEW$129.67M2.4%
NOTE 2.000% 8/1$119.86M2.2%

Portfolio Concentration

Top 323.7%4–1011.7%11–2514.8%Rest49.8%TOP 1035.4%0%100%
Top 3$1.30B23.7%
4–10$643.82M11.7%
11–25$812.84M14.8%
Rest$2.73B49.8%

Top 3 weight

23.7%

Top 10 weight

35.4%

Voting Authority Distribution

Total shares with voting rights: 949.79M

Sole

Full voting authority

949.79M

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)

Sole1182
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings1182
Rows:

ISHARES TR

SOLE
RUSSELL 2000 ETF
Shares3.20M
TypeSH
Market value$961.62M
17.50%
Sole
3.20M
Shared
0.00
None
0.00

VANECK ETF TRUST

SOLE
GOLD MINERS ETF
Shares2.55M
TypeSH
Market value$192.17M
3.50%
Sole
2.55M
Shared
0.00
None
0.00

GAMESTOP CORP

SOLE
NOTE 6/1
Shares147.65M
TypePRN
Market value$150.11M
2.73%
Sole
147.65M
Shared
0.00
None
0.00

PENGUIN SOLUTIONS INC

SOLE
NOTE 2.000% 8/1
Shares42.25M
TypePRN
Market value$119.86M
2.18%
Sole
42.25M
Shared
0.00
None
0.00

INVESCO QQQ TR

SOLE
UNIT SER 1
Shares156K
TypeSH
Market value$114.88M
2.09%
Sole
156K
Shared
0.00
None
0.00

APPLIED DIGITAL CORP

SOLE
NOTE 2.750% 6/0
Shares24.36M
TypePRN
Market value$97.12M
1.77%
Sole
24.36M
Shared
0.00
None
0.00

NVIDIA CORPORATION

SOLE
COM
Shares421.68K
TypeSH
Market value$84.37M
1.54%
Sole
421.68K
Shared
0.00
None
0.00

GREEN PLAINS INC

SOLE
NOTE 5.250%11/0
Shares57.43M
TypePRN
Market value$77.99M
1.42%
Sole
57.43M
Shared
0.00
None
0.00

AMAZON COM INC

SOLE
COM
Shares317.94K
TypeSH
Market value$75.78M
1.38%
Sole
317.94K
Shared
0.00
None
0.00

GROUPON INC

SOLE
NOTE 4.875% 6/3
Shares74.37M
TypePRN
Market value$73.82M
1.34%
Sole
74.37M
Shared
0.00
None
0.00

ISHARES BITCOIN TRUST ETF

SOLE
SHS BEN INT
Shares2M
TypeSH
Market value$66.57M
1.21%
Sole
2M
Shared
0.00
None
0.00

RIVIAN AUTOMOTIVE INC

SOLE
NOTE 3.625%10/1
Shares59.79M
TypePRN
Market value$64.05M
1.17%
Sole
59.79M
Shared
0.00
None
0.00

CALUMET INC

SOLE
COM
Shares1.71M
TypeSH
Market value$61.72M
1.12%
Sole
1.71M
Shared
0.00
None
0.00

SUNRUN INC

SOLE
NOTE 4.000% 3/0
Shares50.94M
TypePRN
Market value$60.58M
1.10%
Sole
50.94M
Shared
0.00
None
0.00

ALPHABET INC

SOLE
CAP STK CL C
Shares167.79K
TypeSH
Market value$59.28M
1.08%
Sole
167.79K
Shared
0.00
None
0.00

STATE STR SPDR S&P 500 ETF T

SOLE
TR UNIT
Shares127.90K
TypeSH
Market value$58.76M
1.07%
Sole
77.90K
Shared
0.00
None
0.00

THE REALREAL INC

SOLE
DEBT 4.000% 2/1
Shares41.38M
TypePRN
Market value$58.24M
1.06%
Sole
41.38M
Shared
0.00
None
0.00

PURECYCLE TECHNOLOGIES INC

SOLE
NOTE 4.750% 7/0
Shares57.25M
TypePRN
Market value$58.06M
1.06%
Sole
57.25M
Shared
0.00
None
0.00

SPDR SERIES TRUST

SOLE
ST STR SP METAL
Shares500K
TypeSH
Market value$53.47M
0.97%
Sole
500K
Shared
0.00
None
0.00

APPLIED OPTOELECTRONICS INC

SOLE
NOTE 2.750% 1/1
Shares14.01M
TypePRN
Market value$49.90M
0.91%
Sole
14.01M
Shared
0.00
None
0.00

CITIGROUP INC

SOLE
COM NEW
Shares341.02K
TypeSH
Market value$47.73M
0.87%
Sole
341.02K
Shared
0.00
None
0.00

TILRAY BRANDS INC

SOLE
NOTE 5.200% 6/1
Shares46.50M
TypePRN
Market value$46.99M
0.86%
Sole
46.50M
Shared
0.00
None
0.00

MARA HOLDINGS INC

SOLE
NOTE 3/0
Shares45.91M
TypePRN
Market value$46.10M
0.84%
Sole
45.91M
Shared
0.00
None
0.00

RAMACO RES INC

SOLE
NOTE 11/0
Shares56.30M
TypePRN
Market value$41.75M
0.76%
Sole
56.30M
Shared
0.00
None
0.00

BRIDGEBIO PHARMA INC

SOLE
NOTE 2.500% 3/1
Shares22.24M
TypePRN
Market value$39.65M
0.72%
Sole
22.24M
Shared
0.00
None
0.00
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