Graham Capital Wealth Management, LLC
Net buyer this quarter
$129M
50
+$12.8M
39.5%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
| AEXA | $11.1M | 8.58% | Not reported | +14.3% | Q3 2025 |
 EFSI | $5.62M | 4.35% | 2.51% | -1.0% | Q2 2025 |
 CEPF | $5.35M | 4.13% | Not reported | +10.5% | Q3 2025 |
 SFBC | $4.88M | 3.77% | 4.41% | +4.3% | Q4 2023 |
 CMBT | $4.7M | 3.63% | 0.11% | -13.6% | Q3 2025 |
 TRU | $4.22M | 3.27% | 0.03% | +0.7% | Q1 2026 |
 CCB | $3.92M | 3.03% | 0.33% | +1.5% | Q1 2026 |
 NMM | $3.85M | 2.98% | 0.19% | New | Q2 2026 |
 LNG | $3.81M | 2.95% | 0.01% | +2.3% | Q4 2023 |
 BRBS | $3.62M | 2.80% | 1.14% | +0.9% | Q3 2024 |
 PEG | $3.53M | 2.73% | 0.01% | +3.5% | Q4 2021 |
 ECO | $3.46M | 2.67% | 0.19% | +31.1% | Q1 2026 |
 D | $3.43M | 2.66% | 0.01% | +2.7% | Q4 2021 |
 WMB | $3.39M | 2.62% | 0.00% | New | Q2 2026 |
 CPBI | $3.35M | 2.59% | 4.21% | -0.9% | Q2 2025 |
 EOG | $3.29M | 2.55% | 0.00% | +2.9% | Q3 2022 |
 CLST | $3.23M | 2.50% | 4.86% | -0.7% | Q1 2024 |
 ENB | $3.04M | 2.35% | 0.00% | -1.1% | Q2 2024 |
 HYNE | $2.94M | 2.27% | 2.17% | New | Q2 2026 |
 DVN | $2.76M | 2.13% | 0.01% | Not reported | Q4 2024 |
 APO | $2.29M | 1.77% | 0.00% | -1.2% | Q1 2026 |
 PPHC | $2.09M | 1.62% | 0.94% | +49.6% | Q1 2026 |
 SBLK | $1.89M | 1.46% | 0.07% | +1.7% | Q1 2026 |
 NSTS | $1.51M | 1.16% | 2.08% | +8.6% | Q4 2025 |
 VTOL | $1.48M | 1.14% | 0.12% | -1.6% | Q4 2024 |
 GOOGL | $1.44M | 1.11% | 0.00% | -1.3% | Q2 2022 |
 ELME | $1.42M | 1.10% | 1.08% | New | Q2 2026 |
 CPT | $1.33M | 1.03% | 0.01% | -7.6% | Q2 2024 |
 LSBK | $1.33M | 1.03% | 0.95% | -0.9% | Q3 2025 |
 UDR | $1.19M | 0.92% | 0.01% | -8.8% | Q4 2024 |
 AAPL | $1.05M | 0.81% | 0.00% | -5.0% | Q4 2021 |
 IAU | $840K | 0.65% | 0.00% | -5.4% | Q4 2021 |
| FNRN | $798K | 0.62% | 0.27% | New | Q2 2026 |
 SPCX | $726K | 0.56% | Not reported | New | Q2 2026 |
 MAA | $693K | 0.54% | 0.00% | -7.6% | Q2 2024 |
 JPM | $667K | 0.52% | 0.00% | -1.1% | Q4 2021 |
 NEE | $623K | 0.48% | 0.00% | Not reported | Q4 2021 |
 NVDA | $554K | 0.43% | 0.00% | -0.9% | Q1 2023 |
 MSFT | $552K | 0.43% | 0.00% | Not reported | Q4 2021 |
 SPY | $483K | 0.37% | Not reported | +1.7% | Q1 2023 |
 META | $417K | 0.32% | Not reported | -2.4% | Q1 2023 |
 AMZN | $408K | 0.32% | 0.00% | -0.3% | Q1 2023 |
 PM | $385K | 0.30% | 0.00% | -0.6% | Q1 2024 |
 WMT | $304K | 0.23% | 0.00% | -4.9% | Q1 2023 |
 HD | $297K | 0.23% | 0.00% | Not reported | Q4 2021 |
| SLV | $250K | 0.19% | 0.00% | -2.5% | Q1 2023 |
 RTX | $243K | 0.19% | 0.00% | -3.4% | Q1 2023 |
 CI | $228K | 0.18% | 0.00% | -1.1% | Q4 2021 |
 KTF | $216K | 0.17% | Not reported | -0.8% | Q1 2025 |
| GOOG | $201K | 0.16% | Not reported | Not reported | Q1 2023 |
| Q1 2026 | |||||
| AEXA | $8.9M | 7.90% | Not reported | +1866.3% | Q3 2025 |
| CMBT | $4.92M | 4.37% | 0.12% | -11.1% | Q3 2025 |
| EFSI | $4.79M | 4.26% | 2.53% | +6.8% | Q2 2025 |
| SFBC | $4.75M | 4.22% | 4.23% | +20.2% | Q4 2023 |
| CEPF | $4.74M | 4.21% | Not reported | +131.5% | Q3 2025 |
| LNG | $4.42M | 3.93% | 0.01% | -37.3% | Q4 2023 |
| BRBS | $4.27M | 3.79% | 1.13% | +1.8% | Q3 2024 |
| TRU | $4.02M | 3.57% | 0.03% | New | Q1 2026 |
| CCB | $3.8M | 3.37% | 0.33% | New | Q1 2026 |
| EOG | $3.57M | 3.17% | 0.00% | -1.6% | Q3 2022 |
| PEG | $3.4M | 3.02% | 0.01% | -1.2% | Q4 2021 |
| CLST | $3.27M | 2.90% | 4.86% | +1.1% | Q1 2024 |
| CTRA | $3.2M | 2.84% | Not reported | -1.6% | Q1 2024 |
| ENB | $3.07M | 2.72% | 0.00% | -1.1% | Q2 2024 |
| CPBI | $3.04M | 2.70% | 4.23% | -1.3% | Q2 2025 |
| D | $3.03M | 2.69% | 0.01% | -1.7% | Q4 2021 |
| ECO | $2.66M | 2.36% | 0.15% | New | Q1 2026 |
| PPHC | $2.47M | 2.19% | 0.65% | New | Q1 2026 |
 CFBK | $2.26M | 2.00% | 1.52% | -47.1% | Q1 2024 |
| APO | $2.19M | 1.94% | 0.00% | New | Q1 2026 |
| SBLK | $1.71M | 1.52% | 0.07% | New | Q1 2026 |
| VTOL | $1.7M | 1.51% | 0.12% | -63.0% | Q4 2024 |
| CPT | $1.23M | 1.09% | 0.01% | -42.5% | Q2 2024 |
| NSTS | $1.18M | 1.04% | 1.92% | +45.0% | Q4 2025 |
| GOOGL | $1.17M | 1.04% | 0.00% | -2.6% | Q2 2022 |
| LSBK | $1.14M | 1.01% | 0.96% | -2.9% | Q3 2025 |
| UDR | $1.1M | 0.98% | 0.01% | -48.0% | Q4 2024 |
| IAU | $1.04M | 0.92% | 0.00% | -2.3% | Q4 2021 |
| AAPL | $967K | 0.86% | 0.00% | +2.7% | Q4 2021 |
| MAA | $659K | 0.59% | 0.00% | -49.2% | Q2 2024 |
| NEE | $659K | 0.59% | 0.00% | Not reported | Q4 2021 |
| JPM | $606K | 0.54% | 0.00% | Not reported | Q4 2021 |
| MSFT | $548K | 0.49% | 0.00% | Not reported | Q4 2021 |
| NVDA | $487K | 0.43% | 0.00% | Not reported | Q1 2023 |
| META | $434K | 0.39% | Not reported | Not reported | Q1 2023 |
| SPY | $413K | 0.37% | Not reported | -0.3% | Q1 2023 |
| AMZN | $358K | 0.32% | 0.00% | Not reported | Q1 2023 |
| PM | $354K | 0.31% | 0.00% | -8.6% | Q1 2024 |
| WMT | $351K | 0.31% | 0.00% | +2.2% | Q1 2023 |
| SLV | $327K | 0.29% | 0.00% | -3.5% | Q1 2023 |
| HD | $277K | 0.25% | 0.00% | -2.3% | Q4 2021 |
| RTX | $256K | 0.23% | 0.00% | -1.9% | Q1 2023 |
| CI | $223K | 0.20% | 0.00% | -86.2% | Q4 2021 |
 PEP | $218K | 0.19% | 0.00% | -18.8% | Q4 2021 |
| KTF | $215K | 0.19% | Not reported | -32.9% | Q1 2025 |
 NFLX | $206K | 0.18% | 0.00% | Not reported | Q1 2023 |
| Q4 2025 | |||||
| EFSI | $5.1M | 4.69% | 2.39% | -1.3% | Q2 2025 |
| LNG | $4.83M | 4.44% | 0.01% | -0.7% | Q4 2023 |
| BRBS | $4.27M | 3.92% | 1.09% | -1.3% | Q3 2024 |
| CMBT | $4.22M | 3.88% | 0.14% | +36.3% | Q3 2025 |
| SFBC | $3.94M | 3.62% | 3.52% | +275.4% | Q4 2023 |
 HCC | $3.83M | 3.52% | 0.08% | -1.4% | Q4 2023 |
| CFBK | $3.81M | 3.50% | 2.88% | +6.6% | Q1 2024 |
| VTOL | $3.59M | 3.30% | 0.34% | -0.5% | Q4 2024 |
| PEG | $3.42M | 3.14% | 0.01% | -1.9% | Q4 2021 |
| CLST | $3.07M | 2.82% | 4.79% | -0.6% | Q1 2024 |
| CPBI | $3.04M | 2.80% | 4.28% | +98.6% | Q2 2025 |
| D | $2.92M | 2.68% | 0.01% | +2.7% | Q4 2021 |
| ENB | $2.74M | 2.52% | 0.00% | -1.5% | Q2 2024 |
| EOG | $2.63M | 2.42% | 0.00% | -2.5% | Q3 2022 |
| CTRA | $2.43M | 2.24% | Not reported | -1.4% | Q1 2024 |
| CPT | $2.41M | 2.21% | 0.02% | -0.8% | Q2 2024 |
| UDR | $2.3M | 2.11% | 0.02% | -3.7% | Q4 2024 |
 NLOP | $2.19M | 2.01% | 0.57% | +41.6% | Q2 2025 |
| CEPF | $2.07M | 1.90% | Not reported | +172.3% | Q3 2025 |
 CHCT | $1.8M | 1.65% | 0.38% | -1.0% | Q3 2024 |
 GNK | $1.74M | 1.60% | 0.22% | New | Q4 2025 |
| CI | $1.67M | 1.54% | 0.00% | -1.3% | Q4 2021 |
| MAA | $1.48M | 1.36% | 0.01% | -2.3% | Q2 2024 |
| GOOGL | $1.31M | 1.20% | 0.00% | -0.4% | Q2 2022 |
| LSBK | $1.13M | 1.04% | 0.99% | +1.8% | Q3 2025 |
 FISV | $1.13M | 1.04% | 0.00% | -13.4% | Q4 2021 |
| AAPL | $1.01M | 0.93% | 0.00% | +0.2% | Q4 2021 |
| IAU | $977K | 0.90% | 0.00% | -2.6% | Q4 2021 |
| NSTS | $900K | 0.83% | 1.32% | New | Q4 2025 |
 KNTK | $795K | 0.73% | 0.02% | -2.6% | Q1 2023 |
| MSFT | $716K | 0.66% | 0.00% | -1.5% | Q4 2021 |
| JPM | $663K | 0.61% | 0.00% | -4.3% | Q4 2021 |
| NEE | $570K | 0.52% | 0.00% | -1.1% | Q4 2021 |
| NVDA | $521K | 0.48% | 0.00% | +0.2% | Q1 2023 |
| META | $501K | 0.46% | Not reported | -0.4% | Q1 2023 |
| AEXA | $476K | 0.44% | Not reported | -1.4% | Q3 2025 |
| SPY | $435K | 0.40% | Not reported | -24.6% | Q1 2023 |
| CEPV | $398K | 0.37% | Not reported | New | Q4 2025 |
| AMZN | $396K | 0.36% | 0.00% | -8.0% | Q1 2023 |
| PM | $375K | 0.34% | 0.00% | -13.6% | Q1 2024 |
| SLV | $321K | 0.29% | 0.00% | Not reported | Q1 2023 |
| KTF | $320K | 0.29% | Not reported | -1.7% | Q1 2025 |
| WMT | $308K | 0.28% | 0.00% | Not reported | Q1 2023 |
| HD | $297K | 0.27% | 0.00% | Not reported | Q4 2021 |
| PEP | $248K | 0.23% | 0.00% | Not reported | Q4 2021 |
| RTX | $248K | 0.23% | 0.00% | -2.2% | Q1 2023 |
 TJX | $221K | 0.20% | 0.00% | -4.5% | Q1 2023 |
 TSLA | $211K | 0.19% | 0.00% | -1.1% | Q1 2023 |
 WRB | $202K | 0.19% | 0.00% | -32.7% | Q2 2023 |
| Q3 2025 | |||||
| LNG | $5.88M | 5.99% | 0.01% | -0.2% | Q4 2023 |
| EFSI | $4.91M | 5.01% | 2.42% | +5.3% | Q2 2025 |
| BRBS | $4.28M | 4.36% | 1.10% | +21.1% | Q3 2024 |
| PEG | $3.62M | 3.69% | 0.01% | -0.3% | Q4 2021 |
| VTOL | $3.56M | 3.62% | 0.34% | -0.5% | Q4 2024 |
| CFBK | $3.43M | 3.50% | 2.70% | -1.5% | Q1 2024 |
| CMBT | $3.01M | 3.07% | 0.15% | New | Q3 2025 |
| D | $2.97M | 3.02% | 0.01% | 0.0% | Q4 2021 |
| ENB | $2.93M | 2.99% | 0.00% | -1.9% | Q2 2024 |
| EOG | $2.88M | 2.94% | 0.00% | +1.2% | Q3 2022 |
| HCC | $2.81M | 2.86% | 0.08% | -2.9% | Q4 2023 |
| CLST | $2.58M | 2.63% | 4.75% | -1.4% | Q1 2024 |
| FISV | $2.5M | 2.55% | 0.00% | Not reported | Q4 2021 |
| UDR | $2.42M | 2.47% | 0.02% | -0.5% | Q4 2024 |
| CPT | $2.36M | 2.40% | 0.02% | -1.6% | Q2 2024 |
 WPC | $2.27M | 2.31% | 0.02% | -7.8% | Q4 2021 |
| CTRA | $2.22M | 2.26% | Not reported | +1.1% | Q1 2024 |
| NLOP | $1.78M | 1.81% | 0.40% | -1.5% | Q2 2025 |
| CI | $1.78M | 1.81% | 0.00% | -0.4% | Q4 2021 |
| SILA | $1.74M | 1.77% | 0.13% | -2.3% | Q3 2024 |
| CHCT | $1.69M | 1.72% | 0.39% | +1.6% | Q3 2024 |
 AMT | $1.55M | 1.58% | 0.00% | -3.5% | Q4 2024 |
| MAA | $1.52M | 1.55% | 0.01% | -1.1% | Q2 2024 |
| CPBI | $1.47M | 1.49% | 2.15% | +192.9% | Q2 2025 |
| CEPO | $1.38M | 1.41% | Not reported | -1.4% | Q1 2025 |
 SMC | $1.21M | 1.23% | 0.55% | -0.3% | Q4 2024 |
| ASPCU | $1.19M | 1.22% | Not reported | -48.8% | Q4 2024 |
| SFBC | $1.11M | 1.13% | 0.94% | +357.6% | Q4 2023 |
 KOS | $1.09M | 1.11% | 0.14% | -9.0% | Q3 2024 |
| GOOGL | $1.02M | 1.04% | 0.00% | -0.2% | Q2 2022 |
| LSBK | $988K | 1.01% | 0.97% | New | Q3 2025 |
| KNTK | $968K | 0.99% | 0.02% | -1.9% | Q1 2023 |
| AAPL | $943K | 0.96% | 0.00% | -0.4% | Q4 2021 |
| IAU | $899K | 0.92% | 0.00% | -0.6% | Q4 2021 |
| MSFT | $778K | 0.79% | 0.00% | Not reported | Q4 2021 |
| CEPF | $752K | 0.77% | Not reported | New | Q3 2025 |
| JPM | $679K | 0.69% | 0.00% | Not reported | Q4 2021 |
| CAEP | $616K | 0.63% | Not reported | -4.2% | Q2 2025 |
| SPY | $564K | 0.57% | Not reported | +10.4% | Q1 2023 |
| META | $560K | 0.57% | Not reported | Not reported | Q1 2023 |
| NEE | $542K | 0.55% | 0.00% | -1.4% | Q4 2021 |
| NVDA | $520K | 0.53% | 0.00% | +2.6% | Q1 2023 |
| NTWOU | $509K | 0.52% | Not reported | -2.5% | Q4 2024 |
| AEXA | $463K | 0.47% | Not reported | New | Q3 2025 |
| PM | $439K | 0.45% | 0.00% | -1.6% | Q1 2024 |
| VACHU | $429K | 0.44% | Not reported | -1.5% | Q3 2024 |
| AMZN | $410K | 0.42% | 0.00% | -1.9% | Q1 2023 |
 FACTU | $374K | 0.38% | Not reported | -74.4% | Q4 2024 |
| HD | $349K | 0.36% | 0.00% | -7.5% | Q4 2021 |
| KTF | $329K | 0.33% | Not reported | -8.3% | Q1 2025 |