X0202
13F-HR
LIVE
0001315421
XXXXXXXX
12-31-2025
12-31-2025
false
Graham Capital Management, L.P.
40 HIGHLAND AVENUE
ROWAYTON
CT
06853
13F HOLDINGS REPORT
028-11610
000160925
801-73422
N
Timothy Sperry
Chief Compliance Officer
203-899-3400
/s/ Timothy Sperry
Rowayton
CT
02-17-2026
0
1189
4178760475