Gramercy Funds Management LLC Hedge Fund

Location: West Palm Beach, FL

CIK: 0001548836 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 11, 2017

Total Value: $83.03M (100.0% shares, 0.0% debt)

Holdings (35)

— COSAN LTD 30.7%

Value $25.45M Shares 2,979,964 Est. Cost $8.15 Unrealized —

YPF YPF SOCIEDAD ANONIMA 19.9%

Value $16.5M Shares 679,796 Est. Cost $18.94 Unrealized —

— MORGAN STANLEY CHINA A SH FD 6.2%

Value $5.117M Shares 266,241 Est. Cost $25.57 Unrealized —

— KOREA FD 4.9%

Value $4.082M Shares 110,736 Est. Cost $36.93 Unrealized —

— JPMORGAN CHINA REGION FD INC 3.3%

Value $2.724M Shares 148,622 Est. Cost $16.30 Unrealized —

— THAI FD INC 3.2%

Value $2.619M Shares 305,621 Est. Cost $16.44 Unrealized —

EEM ISHARES TR 2.8%

Value $2.363M Shares 60,000 Est. Cost $35.02 Unrealized —

— TAIWAN FD INC 2.8%

Value $2.322M Shares 127,322 Est. Cost $17.63 Unrealized —

— ABERDEEN LATIN AMER EQTY FD 2.7%

Value $2.206M Shares 93,797 Est. Cost $25.77 Unrealized —

— ABERDEEN SINGAPORE FD INC 2.6%

Value $2.17M Shares 202,829 Est. Cost $9.87 Unrealized —

— KOREA EQUITY FD INC 2.4%

Value $2.006M Shares 228,456 Est. Cost $8.03 Unrealized —

PAG PENSKE AUTOMOTIVE GRP INC 2.1%

Value $1.742M Shares 37,215 Est. Cost $35.60 Unrealized +43.6%

— TEMPLETON DRAGON FD INC 2.0%

Value $1.691M Shares 90,007 Est. Cost $20.46 Unrealized —

— MORGAN STANLEY INDIA INVS FD 1.6%

Value $1.307M Shares 41,454 Est. Cost $20.94 Unrealized —

XXCHNXX CHINA FD INC 1.4%

Value $1.144M Shares 68,821 Est. Cost $16.71 Unrealized —

— ABERDEEN INDONESIA FD INC 1.3%

Value $1.093M Shares 151,806 Est. Cost $8.48 Unrealized —

— BANRO CORP 1.2%

Value $1.036M Shares 8,294,250 Est. Cost $0.58 Unrealized —

— ASIA PAC FD INC 1.2%

Value $969K Shares 79,267 Est. Cost $11.27 Unrealized —

— VALEANT PHARMACEUTICALS INTL 1.1%

Value $910K Shares 82,500 Est. Cost $16.19 Unrealized —

— STONE HBR EMERG MKTS TL INC 1.0%

Value $855K Shares 55,500 Est. Cost $11.74 Unrealized —

— GLOBAL X FDS 1.0%

Value $796K Shares 100,000 Est. Cost $9.26 Unrealized —

XFEOX FIRST TR/ABERDEEN EMERG OPT 0.9%

Value $737K Shares 48,300 Est. Cost $14.96 Unrealized —

UBR PROSHARES TR 0.7%

Value $577K Shares 8,000 Est. Cost $56.99 Unrealized —

— ABERDEEN CHILE FD INC 0.7%

Value $559K Shares 80,077 Est. Cost $5.98 Unrealized —

GLOB GLOBANT S A 0.5%

Value $407K Shares 11,190 Est. Cost $34.90 Unrealized 0.0%

EZA ISHARES 0.3%

Value $278K Shares 5,040 Est. Cost $53.54 Unrealized —

BMA BANCO MACRO SA 0.3%

Value $274K Shares 3,165 Est. Cost $86.57 Unrealized —

— LATIN AMERN DISCOVERY FD INC 0.3%

Value $273K Shares 25,933 Est. Cost $11.11 Unrealized —

— INDIA FD INC 0.3%

Value $264K Shares 10,400 Est. Cost $22.69 Unrealized —

AGRO ADECOAGRO S A 0.3%

Value $227K Shares 19,775 Est. Cost $9.58 Unrealized +9.1%

— MORGAN STANLEY ASIA PAC FD I 0.2%

Value $177K Shares 11,522 Est. Cost $15.68 Unrealized —

— MEXICO EQUITY & INCOME FD 0.1%

Value $54,000 Shares 4,961 Est. Cost $14.22 Unrealized —

— ABERDEEN EMERGING MKTS SMALL 0.1%

Value $51,000 Shares 3,900 Est. Cost $15.93 Unrealized —

— ASIA TIGERS FD INC 0.0%

Value $27,000 Shares 2,390 Est. Cost $11.22 Unrealized —

— HERZFELD CARIBBEAN BASIN FD 0.0%

Value $17,000 Shares 2,390 Est. Cost $6.27 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	COSAN LTD	2,979,964	$25.45M	30.7%	$8.15	—	SHS A	G25343107
YPF	YPF SOCIEDAD ANONIMA	679,796	$16.5M	19.9%	$18.94	—	SPON ADR CL D	984245100
—	MORGAN STANLEY CHINA A SH FD	266,241	$5.117M	6.2%	$25.57	—	COM	617468103
—	KOREA FD	110,736	$4.082M	4.9%	$36.93	—	COM NEW	500634209
—	JPMORGAN CHINA REGION FD INC	148,622	$2.724M	3.3%	$16.30	—	COM	48126T104
—	THAI FD INC	305,621	$2.619M	3.2%	$16.44	—	COM	882904105
EEM	ISHARES TR	60,000	$2.363M	2.8%	$35.02	—	MSCI EMG MKT ETF	464287234
—	TAIWAN FD INC	127,322	$2.322M	2.8%	$17.63	—	COM	874036106
—	ABERDEEN LATIN AMER EQTY FD	93,797	$2.206M	2.7%	$25.77	—	COM	00306K106
—	ABERDEEN SINGAPORE FD INC	202,829	$2.17M	2.6%	$9.87	—	COM	003244100
—	KOREA EQUITY FD INC	228,456	$2.006M	2.4%	$8.03	—	COM	50063B104
PAG	PENSKE AUTOMOTIVE GRP INC	37,215	$1.742M	2.1%	$35.60	+43.6%	COM	70959W103
—	TEMPLETON DRAGON FD INC	90,007	$1.691M	2.0%	$20.46	—	COM	88018T101
—	MORGAN STANLEY INDIA INVS FD	41,454	$1.307M	1.6%	$20.94	—	COM	61745C105
XXCHNXX	CHINA FD INC	68,821	$1.144M	1.4%	$16.71	—	COM	169373107
—	ABERDEEN INDONESIA FD INC	151,806	$1.093M	1.3%	$8.48	—	COM	00305P106
—	BANRO CORP	8,294,250	$1.036M	1.2%	$0.58	—	COM	066800103
—	ASIA PAC FD INC	79,267	$969K	1.2%	$11.27	—	COM	044901106
—	VALEANT PHARMACEUTICALS INTL	82,500	$910K	1.1%	$16.19	—	COM	91911K102
—	STONE HBR EMERG MKTS TL INC	55,500	$855K	1.0%	$11.74	—	COM	86164W100
—	GLOBAL X FDS	100,000	$796K	1.0%	$9.26	—	MSCI GREECE ETF	37950E366
XFEOX	FIRST TR/ABERDEEN EMERG OPT	48,300	$737K	0.9%	$14.96	—	COM	33731K102
UBR	PROSHARES TR	8,000	$577K	0.7%	$56.99	—	ULTRA MSCI BRAZI	74347B490
—	ABERDEEN CHILE FD INC	80,077	$559K	0.7%	$5.98	—	COM	00301W105
GLOB	GLOBANT S A	11,190	$407K	0.5%	$34.90	0.0%	COM	L44385109
EZA	ISHARES	5,040	$278K	0.3%	$53.54	—	MSCI STH AFR ETF	464286780
BMA	BANCO MACRO SA	3,165	$274K	0.3%	$86.57	—	SPON ADR B	05961W105
—	LATIN AMERN DISCOVERY FD INC	25,933	$273K	0.3%	$11.11	—	COM	51828C106
—	INDIA FD INC	10,400	$264K	0.3%	$22.69	—	COM	454089103
AGRO	ADECOAGRO S A	19,775	$227K	0.3%	$9.58	+9.1%	COM	L00849106
—	MORGAN STANLEY ASIA PAC FD I	11,522	$177K	0.2%	$15.68	—	COM	61744U106
—	MEXICO EQUITY & INCOME FD	4,961	$54,000	0.1%	$14.22	—	COM	592834105
—	ABERDEEN EMERGING MKTS SMALL	3,900	$51,000	0.1%	$15.93	—	COM	00301T102
—	ASIA TIGERS FD INC	2,390	$27,000	0.0%	$11.22	—	COM	04516T105
—	HERZFELD CARIBBEAN BASIN FD	2,390	$17,000	0.0%	$6.27	—	COM	42804T106