Gramercy Funds Management LLC Hedge Fund

CIK: 0001548836 · Show all filings

Period: Q4 2020 (← Previous) (Next →)

Filing Date: Feb 16, 2021

Total Value ($000): $426,725 (100.0% shares, 0.0% debt)

Holdings (15)

EMB ISHARES TR 62.5%

Value ($000) $266,593 Shares 2,300,000 Est. Cost — Unrealized —

XOP SPDR SER TR 13.7%

Value ($000) $58,500 Shares 1,000,000 Est. Cost — Unrealized —

HYG ISHARES TR 10.2%

Value ($000) $43,650 Shares 500,000 Est. Cost — Unrealized —

VALE VALE S A 4.7%

Value ($000) $20,080 Shares 1,198,100 Est. Cost $12.25 Unrealized —

GPRK GEOPARK LTD 3.0%

Value ($000) $12,635 Shares 972,641 Est. Cost $17.22 Unrealized -45.2%

GGB GERDAU SA 1.8%

Value ($000) $7,556 Shares 1,617,967 Est. Cost $3.88 Unrealized —

PBR PETROLEO BRASILEIRO SA PETRO 1.0%

Value ($000) $4,121 Shares 366,977 Est. Cost $5.50 Unrealized —

YPF YPF SOCIEDAD ANONIMA 0.8%

Value ($000) $3,300 Shares 702,168 Est. Cost $10.02 Unrealized —

CCU COMPANIA CERVECERIAS UNIDAS 0.6%

Value ($000) $2,381 Shares 162,000 Est. Cost $29.46 Unrealized —

FTI TECHNIPFMC PLC 0.5%

Value ($000) $2,003 Shares 213,100 Est. Cost $17.04 Unrealized -66.1%

TDW TIDEWATER INC NEW 0.4%

Value ($000) $1,612 Shares 186,576 Est. Cost $29.89 Unrealized -73.4%

RIG TRANSOCEAN LTD 0.3%

Value ($000) $1,403 Shares 607,175 Est. Cost $11.13 Unrealized -86.8%

PAM PAMPA ENERGIA S A 0.2%

Value ($000) $1,009 Shares 73,196 Est. Cost $35.77 Unrealized —

TGS TRANSPORTADORA DE GAS SUR 0.2%

Value ($000) $948 Shares 182,257 Est. Cost $14.19 Unrealized —

BMA BANCO MACRO SA 0.2%

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

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EMB	ISHARES TR	2,300,000	$266,593	62.5%	—	—	Put	464288281
XOP	SPDR SER TR	1,000,000	$58,500	13.7%	—	—	Put	78468R556
HYG	ISHARES TR	500,000	$43,650	10.2%	—	—	Put	464288513
VALE	VALE S A	1,198,100	$20,080	4.7%	$12.25	—	SPONSORED ADS	91912E105
GPRK	GEOPARK LTD	972,641	$12,635	3.0%	$17.22	-45.2%	USD SHS	G38327105
GGB	GERDAU SA	1,617,967	$7,556	1.8%	$3.88	—	SPON ADR REP PFD	373737105
PBR	PETROLEO BRASILEIRO SA PETRO	366,977	$4,121	1.0%	$5.50	—	SPONSORED ADR	71654V408
YPF	YPF SOCIEDAD ANONIMA	702,168	$3,300	0.8%	$10.02	—	SPON ADR CL D	984245100
CCU	COMPANIA CERVECERIAS UNIDAS	162,000	$2,381	0.6%	$29.46	—	SPONSORED ADR	204429104
FTI	TECHNIPFMC PLC	213,100	$2,003	0.5%	$17.04	-66.1%	COM	G87110105
TDW	TIDEWATER INC NEW	186,576	$1,612	0.4%	$29.89	-73.4%	COM	88642R109
RIG	TRANSOCEAN LTD	607,175	$1,403	0.3%	$11.13	-86.8%	REG SHS	H8817H100
PAM	PAMPA ENERGIA S A	73,196	$1,009	0.2%	$35.77	—	SPONS ADR LVL I	697660207
TGS	TRANSPORTADORA DE GAS SUR	182,257	$948	0.2%	$14.19	—	SPONSORED ADS B	893870204
BMA	BANCO MACRO SA	60,000	$934	0.2%	$58.78	—	SPON ADR B	05961W105