Gramercy Funds Management LLC Hedge Fund

Location: West Palm Beach, FL

CIK: 0001548836 · Show all filings

Period: Q4 2020 (← Previous) (Next →)

Filing Date: Feb 16, 2021

Total Value: $427M (100.0% shares, 0.0% debt)

Holdings (15)

EMB ISHARES TR 62.5%

Value $267M Shares 2,300,000 Est. Cost — Unrealized —

XOP SPDR SER TR 13.7%

Value $58.5M Shares 1,000,000 Est. Cost — Unrealized —

HYG ISHARES TR 10.2%

Value $43.65M Shares 500,000 Est. Cost — Unrealized —

VALE VALE S A 4.7%

Value $20.08M Shares 1,198,100 Est. Cost $12.25 Unrealized —

GPRK GEOPARK LTD 3.0%

Value $12.63M Shares 972,641 Est. Cost $17.22 Unrealized -45.2%

GGB GERDAU SA 1.8%

Value $7.556M Shares 1,617,967 Est. Cost $3.88 Unrealized —

PBR PETROLEO BRASILEIRO SA PETRO 1.0%

Value $4.121M Shares 366,977 Est. Cost $5.50 Unrealized —

YPF YPF SOCIEDAD ANONIMA 0.8%

Value $3.3M Shares 702,168 Est. Cost $10.02 Unrealized —

CCU COMPANIA CERVECERIAS UNIDAS 0.6%

Value $2.381M Shares 162,000 Est. Cost $29.46 Unrealized —

FTI TECHNIPFMC PLC 0.5%

Value $2.003M Shares 213,100 Est. Cost $17.04 Unrealized -66.1%

TDW TIDEWATER INC NEW 0.4%

Value $1.612M Shares 186,576 Est. Cost $29.89 Unrealized -73.4%

RIG TRANSOCEAN LTD 0.3%

Value $1.403M Shares 607,175 Est. Cost $11.13 Unrealized -86.8%

PAM PAMPA ENERGIA S A 0.2%

Value $1.009M Shares 73,196 Est. Cost $35.77 Unrealized —

TGS TRANSPORTADORA DE GAS SUR 0.2%

Value $948K Shares 182,257 Est. Cost $14.19 Unrealized —

BMA BANCO MACRO SA 0.2%

Value $934K Shares 60,000 Est. Cost $58.78 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EMB	ISHARES TR	2,300,000	$267M	62.5%	—	—	Put	464288281
XOP	SPDR SER TR	1,000,000	$58.5M	13.7%	—	—	Put	78468R556
HYG	ISHARES TR	500,000	$43.65M	10.2%	—	—	Put	464288513
VALE	VALE S A	1,198,100	$20.08M	4.7%	$12.25	—	SPONSORED ADS	91912E105
GPRK	GEOPARK LTD	972,641	$12.63M	3.0%	$17.22	-45.2%	USD SHS	G38327105
GGB	GERDAU SA	1,617,967	$7.556M	1.8%	$3.88	—	SPON ADR REP PFD	373737105
PBR	PETROLEO BRASILEIRO SA PETRO	366,977	$4.121M	1.0%	$5.50	—	SPONSORED ADR	71654V408
YPF	YPF SOCIEDAD ANONIMA	702,168	$3.3M	0.8%	$10.02	—	SPON ADR CL D	984245100
CCU	COMPANIA CERVECERIAS UNIDAS	162,000	$2.381M	0.6%	$29.46	—	SPONSORED ADR	204429104
FTI	TECHNIPFMC PLC	213,100	$2.003M	0.5%	$17.04	-66.1%	COM	G87110105
TDW	TIDEWATER INC NEW	186,576	$1.612M	0.4%	$29.89	-73.4%	COM	88642R109
RIG	TRANSOCEAN LTD	607,175	$1.403M	0.3%	$11.13	-86.8%	REG SHS	H8817H100
PAM	PAMPA ENERGIA S A	73,196	$1.009M	0.2%	$35.77	—	SPONS ADR LVL I	697660207
TGS	TRANSPORTADORA DE GAS SUR	182,257	$948K	0.2%	$14.19	—	SPONSORED ADS B	893870204
BMA	BANCO MACRO SA	60,000	$934K	0.2%	$58.78	—	SPON ADR B	05961W105