Dark
Light
System
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 (2014Q3)
Original 13F HR (0001140361-14-041712) filed in 2014.11.14
#
Name
Shares
Value ($)
%
Options
Notes
1 ISHARES TR 1,503,247 62,475 2.76%
2 HALLIBURTON CO 894,739 57,720 2.55%
3 COBALT INTL ENERGY INC 60,000,000 49,706 2.19%
4 ISHARES TR 373,134 40,802 1.80%
5 BANK AMER CORP 2,157,634 36,788 1.62%
6 EQT CORP 390,100 35,710 1.58%
7 VIPSHOP HLDGS LTD 30,000,000 35,537 1.57%
8 CITIGROUPINC 632,471 32,775 1.45%
9 SOLARCITY CORP 26,000,000 31,093 1.37%
10 ANADARKO PETE CORP 300,999 30,533 1.35%
11 SELECT SECTOR SPDR TR 1,108,500 25,684 1.13%
12 RADIAN GROUP INC 17,600,000 25,194 1.11%
13 Mannkind 21,500,000 24,266 1.07%
14 VERIZON COMMUNICATIONS INC 398,444 19,918 0.88%
15 DRYSHIPS INC. 5%14F DUE 12/01/14 DRYSHIPS INC. 20,000,000 19,784 0.87%
16 HESS CORP 207,690 19,589 0.86%
17 YAHOO INC 473,850 19,309 0.85%
18 NEWFIELD EXPL CO 512,535 19,000 0.84%
19 RITE AID CORP 9,372,000 18,248 0.81%
20 CIMAREX ENERGY 139,171 17,609 0.78%
21 CANADIAN NAT RES LTD 373,713 14,515 0.64%
22 GENERAL MTRS CO 428,894 13,699 0.60%
23 SUNCOR ENERGY INC NEW 372,054 13,450 0.59%
24 ENCANA CORP 624,500 13,246 0.58%
25 D R HORTON INC 640,348 13,140 0.58%
26 EOG RES INC 128,972 12,771 0.56%
27 AK STL CORP 7,500,000 12,721 0.56%
28 WALTER INVT MGMT CORP 14,412,000 12,023 0.53%
29 BARRICK GOLD CORP 793,738 11,636 0.51%
30 CORNING INC 565,000 10,927 0.48%
31 SUNPOWER CORP 7,000,000 10,681 0.47%
32 BAKER HUGHES INC 162,825 10,593 0.47%
33 HUNTSMAN CORP 397,684 10,336 0.46%
34 MARATHON OIL CORP 273,841 10,294 0.45%
35 PRECISION DRILLING CORP 864,347 9,326 0.41%
36 CABOT OIL & GAS CORP 281,100 9,189 0.41%
37 ROYAL DUTCH SHELL PLC 114,473 8,715 0.38%
38 ATWOOD OCEANICS INC 192,991 8,432 0.37%
39 BILL BARRETT CP 363,171 8,004 0.35%
40 SPDR S&P 500 ETF TR 38,024 7,491 0.33%
41 Patterson UTI Energy Inc Com 224,700 7,309 0.32%
42 BLACKBERRY LTD 721,100 7,168 0.32%
43 Penn Virginia Corp 557,609 7,087 0.31%
44 DIAMONDBACK ENERGY INC 91,736 6,860 0.30%
45 NORTHERN OIL & GAS INC NEV 452,655 6,437 0.28%
46 FMC TECHNOLOGIES INC 110,900 6,023 0.27%
47 INTL PAPER CO 121,400 5,796 0.26%
48 ATHLON ENERGY INC 94,302 5,491 0.24%
49 CONCHO RESOURCES 42,964 5,387 0.24%
50 AXIALL CORPORATION 146,599 5,250 0.23%
Page 1 of 4