Graham Capital Management, L.P. - Q42025 Holdings

Graham Capital Management, L.P. holds 1162 stocks with a total portfolio value of $ 4.18B as of Q42025. In Q42025, Graham Capital Management, L.P. added 427 new positions, increased stakes in 368 stocks, reduced 357 holdings, and fully exited 440 positions. The largest holding is Strategy Inc (MSTR), representing 15.13% of the total portfolio.