JPMORGAN CHASE & CO

Ticker: JPM CUSIP: 46625H100 Class: Common Stock

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 30,000 Value ($000) $9,667 Avg Close $309.53 Range $290.54 - $330.86

Q3 2025

Shares 22,500 Value ($000) $7,097 Avg Close $295.93 Range $278.95 - $316.47

Q1 2025

Shares 2,238 Value ($000) $549 Avg Close $250.91 Range $220.72 - $275.86

Q3 2024

Shares 25,089 Value ($000) $5,290 Avg Close $204.96 Range $185.80 - $219.46

Q1 2024

Shares 94,332 Value ($000) $18,895 Avg Close $173.61 Range $158.11 - $193.16

Q4 2023

Shares 154,977 Value ($000) $26,362 Avg Close $144.89 Range $129.30 - $163.25

Q3 2023

Shares 117,610 Value ($000) $17,056 Avg Close $142.31 Range $134.29 - $151.32

Q2 2023

Shares 21,365 Value ($000) $3,107 Avg Close $129.66 Range $119.02 - $137.67

Q1 2023

Shares 35,342 Value ($000) $4,605 Avg Close $128.16 Range $115.18 - $135.05

Q4 2022

Shares 9,725 Value ($000) $1,304 Avg Close $117.65 Range $94.06 - $128.78

Q3 2022

Shares 14,795 Value ($000) $1,546 Avg Close $105.62 Range $96.10 - $114.36

Q2 2022

Shares 42,739 Value ($000) $4,812 Avg Close $113.02 Range $101.22 - $124.46

Q1 2022

Shares 36,374 Value ($000) $4,958 Avg Close $133.66 Range $115.27 - $153.80

Q4 2021

Shares 1,396 Value ($000) $221 Avg Close $147.83 Range $136.71 - $155.72

Q2 2021

Shares 30,000 Value ($000) $4,666 Avg Close $139.74 Range $130.53 - $148.99

Q4 2020

Shares 80,000 Value ($000) $10,165 Avg Close $98.14 Range $82.75 - $111.83

Q3 2020

Shares 150,000 Value ($000) $14,440 Avg Close $85.44 Range $79.00 - $92.62

Q2 2020

Shares 210,000 Value ($000) $19,752 Avg Close $81.74 Range $70.76 - $99.77

Q3 2019

Shares 90,000 Value ($000) $10,592 Avg Close $95.08 Range $87.73 - $101.23

Q2 2019

Shares 100,000 Value ($000) $11,180 Avg Close $92.02 Range $84.61 - $97.81

Q1 2019

Shares 30,000 Value ($000) $3,036 Avg Close $85.34 Range $78.85 - $89.81

Q3 2018

Shares 30,005 Value ($000) $3,385 Avg Close $92.63 Range $83.41 - $97.31

Q2 2018

Shares 9,035 Value ($000) $941 Avg Close $89.02 Range $83.70 - $93.47

Q1 2018

Shares 8,524 Value ($000) $937 Avg Close $91.43 Range $83.98 - $96.37

Q4 2017

Shares 10,108 Value ($000) $1,081 Avg Close $81.33 Range $76.25 - $87.14

Q2 2017

Shares 13,600 Value ($000) $1,243 Avg Close $68.54 Range $64.85 - $73.60

Q4 2015

Shares 120,000 Value ($000) $7,924 Avg Close $49.68 Range $44.66 - $52.67

Q2 2014

Shares 135,600 Value ($000) $7,813 Avg Close $41.19 Range $38.82 - $44.74

Q4 2013

Shares 6,000 Value ($000) $351 Avg Close $39.63 Range $36.35 - $42.36

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	30,000	$9,667	$309.53	$290.54 - $330.86
Q3 2025	22,500	$7,097	$295.93	$278.95 - $316.47
Q1 2025	2,238	$549	$250.91	$220.72 - $275.86
Q3 2024	25,089	$5,290	$204.96	$185.80 - $219.46
Q1 2024	94,332	$18,895	$173.61	$158.11 - $193.16
Q4 2023	154,977	$26,362	$144.89	$129.30 - $163.25
Q3 2023	117,610	$17,056	$142.31	$134.29 - $151.32
Q2 2023	21,365	$3,107	$129.66	$119.02 - $137.67
Q1 2023	35,342	$4,605	$128.16	$115.18 - $135.05
Q4 2022	9,725	$1,304	$117.65	$94.06 - $128.78
Q3 2022	14,795	$1,546	$105.62	$96.10 - $114.36
Q2 2022	42,739	$4,812	$113.02	$101.22 - $124.46
Q1 2022	36,374	$4,958	$133.66	$115.27 - $153.80
Q4 2021	1,396	$221	$147.83	$136.71 - $155.72
Q2 2021	30,000	$4,666	$139.74	$130.53 - $148.99
Q4 2020	80,000	$10,165	$98.14	$82.75 - $111.83
Q3 2020	150,000	$14,440	$85.44	$79.00 - $92.62
Q2 2020	210,000	$19,752	$81.74	$70.76 - $99.77
Q3 2019	90,000	$10,592	$95.08	$87.73 - $101.23
Q2 2019	100,000	$11,180	$92.02	$84.61 - $97.81
Q1 2019	30,000	$3,036	$85.34	$78.85 - $89.81
Q3 2018	30,005	$3,385	$92.63	$83.41 - $97.31
Q2 2018	9,035	$941	$89.02	$83.70 - $93.47
Q1 2018	8,524	$937	$91.43	$83.98 - $96.37
Q4 2017	10,108	$1,081	$81.33	$76.25 - $87.14
Q2 2017	13,600	$1,243	$68.54	$64.85 - $73.60
Q4 2015	120,000	$7,924	$49.68	$44.66 - $52.67
Q2 2014	135,600	$7,813	$41.19	$38.82 - $44.74
Q4 2013	6,000	$351	$39.63	$36.35 - $42.36