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 (2015Q1)
Original 13F HR (0001140361-15-019984) filed in 2015.05.15
#
Name
Shares
Value ($)
%
Options
Notes
1 SPDR S&P 500 ETF TR 2,000,000 412,860 20.27% Put
2 VIPSHOP HLDGS LTD 2,086,000 61,412 3.02% Put
3 YY INC 670,000 36,555 1.79% Put
4 ISHARES TR 210,000 23,545 1.16% Put
5 JINKOSOLAR HLDG CO LTD 666,900 17,099 0.84% Put
6 SOLARCITY CORP 330,000 16,922 0.83% Put
7 SUNEDISON INC 562,500 13,500 0.66% Put
8 GULFPORT ENERGY CORP 250,000 11,478 0.56% Put
9 QIHOO 360 TECHNOLOGY CO LTD 220,000 11,264 0.55% Put
10 WALTER INVT MGMT CORP 439,100 7,091 0.35% Put
11 CONSOL ENERGY INC 250,000 6,973 0.34% Put
12 TRINA SOLAR ADR REPTG 50 ORD 500,000 6,045 0.30% Put
13 KCG HLDGS INC 450,000 5,517 0.27% Put
14 SOLARCITY CORP 100,000 5,128 0.25% Put
15 SEADRILL LIMITED 450,000 4,208 0.21% Put
16 SINA CORP 125,000 4,020 0.20% Put
17 QIHOO 360 TECHNOLOGY CO LTD 75,000 3,840 0.19% Put
18 MCDERMOTT INTL INC 750,000 2,880 0.14% Put
19 Horsehead Holding Corp. 160,000 2,026 0.10% Put
20 Peabody Energy Corp 400,000 1,968 0.10% Put
21 MCDERMOTT INTL INC 400,000 1,536 0.08% Put
22 QUIKSILVER INC COM 800,000 1,480 0.07% Put
23 QUIKSILVER INC COM 800,000 1,480 0.07% Put
24 MCDERMOTT INTL INC 376,000 1,444 0.07% Put
25 WEIGHT WATCHERS INTL INC NEW 155,800 1,089 0.05% Put
26 Walter Energy, Inc. 550,000 341 0.02% Put
27 BANK AMER CORP 4,196,000 64,576 3.17% Call
28 ISHARES TR 1,287,100 51,651 2.54% Call
29 BANK AMER CORP 2,500,000 38,475 1.89% Call
30 ISHARES TR 511,300 20,518 1.01% Call
31 ISHARES TR 510,000 20,466 1.00% Call
32 ISHARES TR 490,000 19,664 0.97% Call
33 BANK AMER CORP 1,041,100 16,023 0.79% Call
34 ISHARES TR 1,578,096 63,329 3.11%
35 SunEdison Inc 32,500,000 55,879 2.74%
36 VIPSHOP HLDGS LTD 35,000,000 54,658 2.68%
37 POWERSHARES QQQ TRUST 486,001 51,322 2.52%
38 Solarcity Corp 36,500,000 38,310 1.88%
39 QIHOO 360 TECHNOLOGY CO LTD 40,000,000 38,011 1.87%
40 RADIAN GROUP INC 20,600,000 33,019 1.62%
41 CITIGROUP INC 619,765 31,930 1.57%
42 RITE AID CORP 9,372,000 31,573 1.55%
43 GENERAL MTRS CO 808,603 30,323 1.49%
44 CONOCOPHILLIPS 450,958 28,077 1.38%
45 CONCHO RESOURCES 234,553 27,189 1.34%
46 COBALT INTL ENERGY INC 35,000,000 25,488 1.25%
47 HALLIBURTON CO 553,392 24,283 1.19%
48 CIMAREX ENERGY 207,000 23,824 1.17%
49 BAKER HUGHES INC 366,815 23,322 1.15%
50 RANGE RES CORP 440,000 22,898 1.12%
Page 1 of 3