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
51 GULFPORT ENERGY CORP 250,000 11,478 0.56% Put
52 QIHOO 360 TECHNOLOGY CO LTD 220,000 11,264 0.55% Put
53 SELECT SECTOR SPDR TR 450,000 10,850 0.53%
54 AMERICAN AIRLS GROUP INC 195,500 10,318 0.51%
55 BAIDU INC 46,450 9,680 0.48%
56 SUNTRUST BKS INC 229,793 9,442 0.46%
57 SUPERIOR ENERGY SVCS INC 410,000 9,159 0.45%
58 SOUFUN HLDGS LTD 10,000,000 8,795 0.43%
59 PATTERSON UTI ENERGY INC 461,442 8,664 0.43%
60 NABORS INDUSTRIES LTD 597,900 8,161 0.40%
61 ENCANA CORP 727,200 8,108 0.40%
62 UNITED RENTALS INC 87,751 7,999 0.39%
63 GULFPORT ENERGY CORP 156,458 7,183 0.35%
64 ISTAR FINL INC 6,000,000 7,159 0.35%
65 WALTER INVT MGMT CORP 439,100 7,091 0.35% Put
66 SHIP FINANCE INTERNATIONAL L 7,100,000 7,072 0.35%
67 CONSOL ENERGY INC 250,000 6,973 0.34% Put
68 CARRIZO OIL & GAS INC 140,000 6,951 0.34%
69 GILEAD SCIENCES INC 69,792 6,849 0.34%
70 TRINA SOLAR ADR REPTG 50 ORD 500,000 6,045 0.30% Put
71 MICHAEL KORS HLDGS LTD 91,193 5,996 0.29%
72 Exelexis 7,715,000 5,865 0.29%
73 PDC ENERGY INC 106,450 5,753 0.28%
74 WILLIAMS COS INC DEL 110,000 5,565 0.27%
75 KCG HLDGS INC 450,000 5,517 0.27% Put
76 PRECISION DRILLING CORP 862,498 5,468 0.27%
77 SOLARCITY CORP 100,000 5,128 0.25% Put
78 MICROSOFT CORP 115,250 4,685 0.23%
79 SEADRILL LIMITED 450,000 4,208 0.21% Put
80 LYONDELLBASELL INDUSTRIES N 46,294 4,065 0.20%
81 SINA CORP 125,000 4,020 0.20% Put
82 INTEROIL CORP 4,000,000 4,000 0.20%
83 QIHOO 360 TECHNOLOGY CO LTD 75,000 3,840 0.19% Put
84 CRESCENT PT ENERGY CORP 122,800 3,468 0.17%
85 MRC Global Inc 255,000 3,022 0.15%
86 RPC INC 232,714 2,981 0.15%
87 MCDERMOTT INTL INC 750,000 2,880 0.14% Put
88 CME GROUP INC 30,000 2,841 0.14%
89 MEMORIAL RESOURCE DEV CORP 150,000 2,661 0.13%
90 BP PLC 65,000 2,542 0.12%
91 VERIZON COMMUNICATIONS INC 47,431 2,307 0.11%
92 Horsehead Holding Corp. 160,000 2,026 0.10% Put
93 GENERAL ELECTRIC CO 81,400 2,020 0.10%
94 Peabody Energy Corp 400,000 1,968 0.10% Put
95 COBALT INTL ENERGY INC 200,000 1,882 0.09%
96 Market Vectors Gold 102,790 1,875 0.09%
97 MICRON TECHNOLOGY INC 67,098 1,820 0.09%
98 FRANKS INTL N V 85,000 1,590 0.08%
99 YAHOO INC 35,650 1,584 0.08%
100 MCDERMOTT INTL INC 400,000 1,536 0.08% Put
Page 2 of 3