# GRAHAM CAPITAL WEALTH MANAGEMENT, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1907528. Source: https://holderbook.com/funds/1907528-graham-capital-wealth-management-llc/

- Reported value: $129.4M
- Positions: 62
- Weight of the ten largest: 43.8%
- Filed: 2026-08-07

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| AMERICAN EXCEPTIONALISM ACQU | [AEXA](https://holderbook.com/stocks/AEXA/) | $11.1M | 939,343 | 8.6% | 4 |
| INVESCO EXCHANGE TRADED FD T | [RSPT](https://holderbook.com/stocks/RSPT/) | $7.8M | 121,585 | 6.1% | 4 |
| EAGLE FINL SVCS INC | [EFSI](https://holderbook.com/stocks/EFSI/) | $5.6M | 135,623 | 4.3% | 5 |
| CANTOR EQUITY PARTNERS IV IN | [CEPF](https://holderbook.com/stocks/CEPF/) | $5.3M | 513,972 | 4.1% | 4 |
| INVESCO EXCHANGE TRADED FD T | [RSPC](https://holderbook.com/stocks/RSPC/) | $4.9M | 138,792 | 3.8% | 3 |
| SOUND FINL BANCORP INC | [SFBC](https://holderbook.com/stocks/SFBC/) | $4.9M | 113,257 | 3.8% | 11 |
| CMB.TECH NV | [CMBT](https://holderbook.com/stocks/CMBT/) | $4.7M | 335,831 | 3.6% | 4 |
| TRANSUNION | [TRU](https://holderbook.com/stocks/TRU/) | $4.2M | 58,551 | 3.3% | 2 |
| INVESCO EXCHANGE TRADED FD T | [RSPN](https://holderbook.com/stocks/RSPN/) | $4.1M | 64,765 | 3.2% | 3 |
| COASTAL FINL CORP WA | [CCB](https://holderbook.com/stocks/CCB/) | $3.9M | 50,634 | 3.0% | 2 |
| NAVIOS MARITIME PARTNERS L P | [NMM](https://holderbook.com/stocks/NMM/) | $3.9M | 55,010 | 3.0% | 1 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $3.8M | 15,948 | 2.9% | 11 |
| BLUE RIDGE BANKSHARES INC VA | [BRBS](https://holderbook.com/stocks/BRBS/) | $3.6M | 1,025,916 | 2.8% | 8 |
| PUBLIC SVC ENTERPRISE GROUP | [PEG](https://holderbook.com/stocks/PEG/) | $3.5M | 43,518 | 2.7% | 5 |
| OKEANIS ECO TANKERS COR | [ECO](https://holderbook.com/stocks/ECO/) | $3.5M | 68,948 | 2.7% | 2 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $3.4M | 50,300 | 2.7% | 19 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $3.4M | 45,649 | 2.6% | 1 |
| CENTRAL PLAINS BANCSHARES IN | [CPBI](https://holderbook.com/stocks/CPBI/) | $3.4M | 176,072 | 2.6% | 5 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $3.3M | 25,391 | 2.5% | 16 |
| CATALYST BANCORP INC | [CLST](https://holderbook.com/stocks/CLST/) | $3.2M | 195,939 | 2.5% | 10 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $3.0M | 55,998 | 2.3% | 9 |
| HOYNE BANCORP INC | [HYNE](https://holderbook.com/stocks/HYNE/) | $2.9M | 175,636 | 2.3% | 1 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $2.8M | 66,705 | 2.1% | 1 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $2.3M | 19,377 | 1.8% | 2 |
| PUBLIC POL HLDG CO INC | [PPHC](https://holderbook.com/stocks/PPHC/) | $2.1M | 282,236 | 1.6% | 2 |
| STAR BULK CARRIERS CORP. | [SBLK](https://holderbook.com/stocks/SBLK/) | $1.9M | 75,823 | 1.5% | 2 |
| NSTS BANCORP INC | [NSTS](https://holderbook.com/stocks/NSTS/) | $1.5M | 109,466 | 1.2% | 3 |
| BRISTOW GROUP INC | [VTOL](https://holderbook.com/stocks/VTOL/) | $1.5M | 35,738 | 1.1% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.4M | 4,021 | 1.1% | 17 |
| ELME COMMUNITIES | [ELME](https://holderbook.com/stocks/ELME/) | $1.4M | 961,056 | 1.1% | 1 |
| CAMDEN PPTY TR | [CPT](https://holderbook.com/stocks/CPT/) | $1.3M | 11,625 | 1.0% | 9 |
| LAKE SHORE BANCORP INC | [LSBK](https://holderbook.com/stocks/LSBK/) | $1.3M | 74,543 | 1.0% | 4 |
| UDR INC | [UDR](https://holderbook.com/stocks/UDR/) | $1.2M | 29,718 | 0.9% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.0M | 3,619 | 0.8% | 19 |
| BLACKROCK ETF TRUST II | [CLOA](https://holderbook.com/stocks/CLOA/) | $984.2K | 18,961 | 0.8% | 6 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $839.7K | 11,120 | 0.6% | 19 |
| FIRST NORTHN CMNTY BANCORP | [FNRN](https://holderbook.com/stocks/FNRN/) | $797.6K | 44,459 | 0.6% | 1 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $726.2K | 4,250 | 0.6% | 1 |
| MID-AMER APT CMNTYS INC | [MAA](https://holderbook.com/stocks/MAA/) | $693.2K | 4,989 | 0.5% | 9 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $666.8K | 2,037 | 0.5% | 15 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $625.2K | 910 | 0.5% | 10 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $622.7K | 7,095 | 0.5% | 19 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $553.6K | 2,767 | 0.4% | 8 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $552.1K | 1,480 | 0.4% | 19 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $483.0K | 647 | 0.4% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $417.4K | 741 | 0.3% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $408.0K | 1,712 | 0.3% | 11 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $384.8K | 2,127 | 0.3% | 10 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $303.9K | 2,683 | 0.2% | 6 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $301.1K | 402 | 0.2% | 8 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $297.0K | 842 | 0.2% | 19 |
| FIDELITY COVINGTON TRUST | [FUTY](https://holderbook.com/stocks/FUTY/) | $274.6K | 4,701 | 0.2% | 2 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $250.5K | 4,684 | 0.2% | 4 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $243.4K | 1,283 | 0.2% | 5 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $228.4K | 828 | 0.2% | 13 |
| FIDELITY COVINGTON TRUST | [FBCG](https://holderbook.com/stocks/FBCG/) | $227.1K | 3,656 | 0.2% | 1 |
| ISHARES TR | [IUSG](https://holderbook.com/stocks/IUSG/) | $224.0K | 1,191 | 0.2% | 1 |
| FIDELITY COVINGTON TRUST | [FDVV](https://holderbook.com/stocks/FDVV/) | $220.9K | 3,664 | 0.2% | 1 |
| DWS MUN INCOME TR | [KTF](https://holderbook.com/stocks/KTF/) | $215.8K | 23,460 | 0.2% | 6 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $201.4K | 570 | 0.2% | 1 |
| INVESCO ACTVELY MNGD ETC FD | [PDBC](https://holderbook.com/stocks/PDBC/) | $188.0K | 11,836 | 0.1% | 8 |
| ETSY INC | - | $9.5K | 10,000 | 0.0% | 6 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +4.5% | +14.8% | -10.3% | 100% |
| Q1 2026 | +4.6% | -4.6% | +9.2% | 100% |
| Q4 2025 | -0.5% | +2.4% | -2.8% | 98% |
| Q3 2025 | +2.4% | +7.8% | -5.5% | 98% |
| Q2 2025 | -0.4% | +10.5% | -10.8% | 100% |
| Q1 2025 | +0.9% | -4.6% | +5.4% | 99% |
| Q4 2024 | -4.1% | +2.1% | -6.3% | 97% |
| Q3 2024 | +5.7% | +5.4% | +0.3% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $129.4M | 62 |
| Q1 2026 | $112.6M | 56 |
| Q4 2025 | $108.8M | 63 |
| Q3 2025 | $98.2M | 73 |
| Q2 2025 | $90.0M | 70 |
| Q1 2025 | $93.5M | 69 |
| Q4 2024 | $116.0M | 73 |
| Q3 2024 | $97.7M | 59 |
| Q2 2024 | $74.1M | 48 |
| Q1 2024 | $58.6M | 42 |
| Q4 2023 | $37.9M | 37 |
| Q3 2023 | $42.4M | 41 |