TSAKOS ENERGY NAVIGATION LTD

Ticker: TEN CUSIP: G9108L173 Class: Foreign Stock

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

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

Q4 2025

Shares 15,739 Value ($000) $353 Avg Close $23.41 Range $20.50 - $26.69

Q3 2023

Shares 19,388 Value ($000) $403 Avg Close $19.82 Range $17.06 - $22.35

Q1 2023

Shares 28,273 Value ($000) $549 Avg Close $19.55 Range $15.00 - $24.78

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	15,739	$353	$23.41	$20.50 - $26.69
Q3 2023	19,388	$403	$19.82	$17.06 - $22.35
Q1 2023	28,273	$549	$19.55	$15.00 - $24.78