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Institutional Investment Manager
Graham Capital Management, L.P.
Graham Capital Management, L.P. (CIK: 0001315421) incorporated in Delaware, located at 40 Highland Avenue, Rowayton, CT. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q1)
Original 13F HR (0001140361-14-020884) filed in 2014.05.14
#
Name
Shares
Value ($)
%
Options
Notes
51 Verso Corp 250,000 723 0.04%
52 FREEPORT-MCMORAN INC 250,000 8,268 0.45% Call
53 FREEPORT-MCMORAN INC 250,000 8,268 0.45% Call
54 ENCANA CORP 250,000 5,345 0.29%
55 ISHARES TR 255,000 10,452 0.57% Call
56 CIMAREX ENERGY 257,365 30,655 1.68%
57 Penn Virginia Corp 268,200 4,691 0.26%
58 ISHARES 278,458 17,807 0.97%
59 SELECT SECTOR SPDR TR 289,777 25,808 1.41%
60 Market Vectors Gold 294,700 6,955 0.38% Call
61 CANADIAN SOLAR INC 302,100 9,679 0.53% Put
62 APACHE CORP 304,470 25,256 1.38%
63 ISHARES 307,733 6,084 0.33%
64 ARCH COAL INC 333,096 1,606 0.09%
65 ARCH COAL INC 350,000 1,687 0.09% Put
66 ANADARKO PETR 370,811 31,430 1.72%
67 LYONDELLBASELL INDUSTRIES N 378,776 33,688 1.84%
68 CABOT OIL & GAS CORP 382,031 12,943 0.71%
69 SPDR S&P 500 ETF TR 398,568 74,548 4.07%
70 BARRICK GOLD CORP 455,859 8,128 0.44%
71 COBALT INTL ENERGY INC 467,352 8,562 0.47%
72 ISHARES 467,821 28,771 1.57%
73 ISHARES TR 500,000 20,495 1.12% Call
74 Walter Energy, Inc. 500,000 3,780 0.21% Put
75 POWERSHARES QQQ TRUST 500,000 43,840 2.40% Put
76 SPDR S&P 500 ETF TR 500,000 93,520 5.11% Call
77 ISHARES TR 500,000 20,495 1.12% Call
78 WEATHERFORDI 526,763 9,145 0.50%
79 EQT CORP 542,835 52,639 2.88%
80 VERIZON COMMUNICATIONS INC 569,583 27,095 1.48%
81 CANADIAN NAT RES LTD 585,000 22,446 1.23%
82 SELECT SECTOR SPDR TR 600,000 13,404 0.73%
83 FREEPORT-MCMORAN INC 651,369 21,541 1.18%
84 HALLIBURTON CO 689,525 40,606 2.22%
85 COBALT INTL ENERGY INC 700,000 12,824 0.70% Put
86 GENERAL MTRS CO 792,300 27,271 1.49%
87 IAMGOLD CORP 800,000 2,816 0.15% Put
88 ALLIED NEVADA GOLD UTIL 867,000 3,737 0.20% Put
89 ISHARES TR 875,144 35,872 1.96%
90 QUICKSILVER RESOURCES INC COM 958,551 2,521 0.14%
91 PRECISION DRILLING CORP 960,700 11,500 0.63%
92 SUNCOR ENERGY INC NEW 975,842 34,115 1.86%
93 ISHARES 1,000,000 45,020 2.46% Call
94 ANGLOGOLD ASHANTI LIMITED 1,120,000 19,130 1.05% Put
95 NORTHERN OIL & GAS INC NEV 1,123,812 16,430 0.90%
96 SPDR S&P 500 ETF TR 1,200,000 224,448 12.26% Put
97 NEWFIELD EXPL CO 1,219,459 38,242 2.09%
98 BANK AMER CORP 1,240,686 21,340 1.17%
99 MARATHON OIL CORP 1,561,515 55,465 3.03%
100 GOODRICH PETE CORP 4,000,000 4,087 0.22%
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