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Private company

GLOBAL MACRO TRUST

GLOBAL MACRO TRUST is an American commodity contracts brokers and dealers company based in Wilmington.2

Last updated Oct 21, 2026.

Overview

-$3.7MNet income, fiscal 20253
  • IndustryCommodity Contracts Brokers & Dealers2
  • HeadquartersWilmington, United States2
  • Incorporated inDE4
  • Business addressC/O Millburn Corp, 411 West Putnam Avenue, Greenwich, Ct 068304
  • Filer categoryNon-accelerated filer, Smaller reporting company4
  • Legal formFUND2
  • Kind of organizationFund2
  • LEI549300U0LB0G9NLKJ4152
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O WILMINGTON TRUST COMPANY, 19890 Wilmington, United States2
  • Registered withSecurities and Exchange Commission, 00011457652

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Global Macro Trust (the “Trust”) is a Delaware statutory trust organized on July 23, 2001 pursuant to a Declaration of Trust and Trust Agreement (the “Trust Agreement”), under the Delaware Statutory Trust Act. The Trust originally filed a registration statement, under the Securities Act of 1933, as amended (the “Securities Act”), with the Securities and Exchange Commission (“SEC”) to register units of beneficial interest (the “Units”), which registration statement became effective March 26, 2002. Between April 1, 2002 and June 30, 2002, the Units were publicly offered at an initial price of $1,000 per Unit. The Trust commenced operations on July 1, 2002. The Trust has subsequently registered additional Units with the SEC. The net asset value of a Series 1 Unit that originally sold for $1,000 as of July 1, 2002 was $1,069.25 as of December 31, 2025. The net asset value of a Series 3 Unit …5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Operating income6783-$484.8K in 2025−92% since 2021
-$6.0M-$4.0M-$2.0M02021: -$5.8M-$5.8M20212022: -$3.8M-$3.8M2022−34%2023: -$533.7K-$533.7K2023−86%2024: -$45.2K-$45.2K2024−92%2025: -$484.8K-$484.8K2025+972%
Net income6783-$3.7M in 2025
-$10.0M0$10.0M$20.0M2021: $4.7M$4.7M20212022: $15.5M$15.5M2022+232%2023: -$7.3M-$7.3M20232024: $6.0M$6.0M20242025: -$3.7M-$3.7M2025
Fiscal year20212022202320242025
Selling, general and admin$6.5M6$5.9M7$5.1M8$4.1M3$3.4M3
Operating expenses$5.8M6$5.3M7$4.6M8$3.9M3$3.2M3
Operating income-$5.8M6-$3.8M7-$533.7K8-$45.2K3-$484.8K3
Net income$4.7M6$15.5M7-$7.3M8$6.0M3-$3.7M3

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What it owns

What GLOBAL MACRO TRUST reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$2.3M3 Dec 31, 2025$3.2M3 Dec 31, 2024−29.2%
Marketable securities, current$2.0M3 Dec 31, 2025$2.9M3 Dec 31, 2024−31.7%

Properties, in its own words

The Trust does not own or use any physical properties in the conduct of its business. The Managing Owner performs administrative services for the Trust from its offices.

Item 2 of the 10-K filed Mar 31, 2026.5

Timeline

  1. Jul 23, 2001Founded GLOBAL MACRO TRUST is founded2

Filings

54 filings to the SEC since October 2021: 7 annual reports, 15 quarterly reports, 12 insider forms, 20 other. The latest 20:

  1. Aug 13, 202610-Q EDGAR
  2. May 15, 202610-Q EDGAR
  3. Mar 31, 202610-K EDGAR
  4. Dec 23, 20254/A PRIMARY DOCUMENT EDGAR
  5. Dec 23, 20254 PRIMARY DOCUMENT EDGAR
  6. Nov 13, 202510-Q EDGAR
  7. Aug 13, 202510-Q EDGAR
  8. May 14, 202510-Q EDGAR
  9. Mar 31, 202510-K EDGAR
  10. Nov 15, 2024UPLOAD EDGAR
  11. Nov 13, 202410-Q EDGAR
  12. Oct 24, 2024CORRESP EDGAR
  13. Oct 10, 2024UPLOAD EDGAR
  14. Aug 13, 202410-Q EDGAR
  15. Jul 18, 202410-K/A EDGAR
  16. May 14, 202410-Q EDGAR
  17. Apr 2, 202410-K/A EDGAR
  18. Mar 29, 202410-K EDGAR
  19. Nov 13, 202310-Q EDGAR
  20. Aug 14, 202310-Q EDGAR

The 54 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

12 open-market trades by officers, directors and large owners since October 2021: 9 buys and 3 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 1, 2025Beker HarveySale139$388,138.00$54.1MForm 4
Dec 1, 2025Beker HarveySale139$1,000.00$139.5KForm 4
Oct 3, 2022Fitzsimmons MarkSale8$23,000.00$191.6KForm 4
Jul 1, 2022Beker HarveyBuy0$1,000.00$390Form 4
Jun 1, 2022Beker HarveyBuy1$2,500.00$2.5KForm 4
May 2, 2022Beker HarveyBuy1$2,500.00$2.5KForm 4
Apr 1, 2022Beker HarveyBuy1$2,500.00$2.6KForm 4
Mar 1, 2022Beker HarveyBuy1$2,500.00$2.9KForm 4
Feb 1, 2022Buckbinder GreggBuy12$27,000.00$335.9KForm 4
Feb 1, 2022Beker HarveyBuy1$2,500.00$2.9KForm 4
Jan 3, 2022Buckbinder GreggBuy9$20,300.00$184.5KForm 4
Jan 3, 2022Beker HarveyBuy5$10,150.00$46.2KForm 4

From Forms 4 filed with the SEC.

SEC filer profile

How GLOBAL MACRO TRUST is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGLOBAL MACRO TRUST1
  • CIK0001145765
  • Employer ID (EIN)36-73628305
  • Filer statusNon-accelerated filer5
  • Incorporated inDelaware5
  • Fiscal year endsDecember 311
  • Industry code (SIC)6221 Commodity Contracts Brokers & Dealers1
  • SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
  • Business addressC/O Millburn Corp, 411 West Putnam Avenue, Greenwich, CT 068301
  • Phone20362575541
  • Shares outstanding0 as of Jun 30, 202610
  • Public float$0 as of Dec 31, 20253
  • AuditorDeloitte & Touche LLP, New York, NY PCAOB ID 345
  • On EDGAR sinceAug 8, 20011
  • Filings621 in all: 424B3 (268), 4 (160), 10-Q (74), 10-K (24), POS AM (20), EFFECT (18), UPLOAD (9), CORRESP (8)1
    All 18 form types

    S-1 (7), S-1/A (7), 4/A (6), 8-K (6), 3 (5), 10-K/A (3), 10-Q/A (2), 5 (2), 8-A12G (1), 8-K/A (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2026
    Quarterly report (10-Q) Aug 13, 2026
    Latest 8-K (8-K) Mar 23, 2020

Risk factors and legal proceedings

Legal proceedings

The Managing Owner is not aware of any pending legal proceedings to which either the Trust is a party or to which any of its assets are subject. In addition there are no pending material legal proceedings involving the Managing Owner.

The opening of Item 3, Legal Proceedings.5

Sources

The numbers on this page point here. Each one links to the record it came from.

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