Gramercy Funds Management LLC Hedge Fund

CIK: 0001548836 · Show all filings

Period: Q4 2018 (← Previous) (Next →)

Filing Date: Feb 14, 2019

Total Value ($000): $525,019 (100.0% shares, 0.0% debt)

Holdings (19)

EMB ISHARES TR 39.6%

Value ($000) $207,820 Shares 2,000,000 Est. Cost — Unrealized —

FXI ISHARES TR 29.8%

Value ($000) $156,320 Shares 4,000,000 Est. Cost — Unrealized —

EEM ISHARES TR 7.4%

Value ($000) $39,060 Shares 1,000,000 Est. Cost $39.06 Unrealized —

— COSAN LTD 4.8%

Value ($000) $24,948 Shares 2,834,983 Est. Cost $8.15 Unrealized —

— BRF SA 4.3%

Value ($000) $22,556 Shares 3,971,053 Est. Cost $5.04 Unrealized —

EEM ISHARES TR 3.8%

Value ($000) $20,082 Shares 514,140 Est. Cost $39.06 Unrealized —

EWW ISHARES INC 2.0%

Value ($000) $10,449 Shares 253,750 Est. Cost $41.18 Unrealized —

GPRK GEOPARK LTD 1.8%

Value ($000) $9,586 Shares 693,644 Est. Cost $16.89 Unrealized -4.8%

CX CEMEX SAB DE CV 1.8%

Value ($000) $9,574 Shares 1,986,248 Est. Cost $6.12 Unrealized —

RIG TRANSOCEAN LTD 0.8%

Value ($000) $4,214 Shares 607,175 Est. Cost $11.87 Unrealized -14.1%

FTI TECHNIPFMC PLC 0.8%

Value ($000) $4,172 Shares 213,100 Est. Cost $20.01 Unrealized -13.0%

TDW TIDEWATER INC NEW 0.7%

Value ($000) $3,569 Shares 186,576 Est. Cost $29.89 Unrealized -12.8%

— ENSCO PLC 0.5%

Value ($000) $2,708 Shares 760,744 Est. Cost $6.08 Unrealized —

BMA BANCO MACRO SA 0.5%

Value ($000) $2,653 Shares 60,000 Est. Cost $58.78 Unrealized —

TGS TRANSPORTADORA DE GAS SUR 0.5%

Value ($000) $2,633 Shares 175,504 Est. Cost $12.14 Unrealized —

PAM PAMPA ENERGIA S A 0.4%

Value ($000) $2,328 Shares 73,196 Est. Cost $35.77 Unrealized —

BHC BAUSCH HEALTH COS INC 0.2%

Value ($000) $964 Shares 52,200 Est. Cost $22.90 Unrealized +3.9%

BHC BAUSCH HEALTH COS INC 0.1%

Value ($000) $693 Shares 37,500 Est. Cost $22.90 Unrealized +3.9%

— GLOBAL X FDS 0.1%

Value ($000) $690 Shares 100,000 Est. Cost $9.13 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EMB	ISHARES TR	2,000,000	$207,820	39.6%	—	—	Put	464288281
FXI	ISHARES TR	4,000,000	$156,320	29.8%	—	—	Call	464287184
EEM	ISHARES TR	1,000,000	$39,060	7.4%	$39.06	—	Put	464287234
—	COSAN LTD	2,834,983	$24,948	4.8%	$8.15	—	SHS A	G25343107
—	BRF SA	3,971,053	$22,556	4.3%	$5.04	—	SPONSORED ADR	10552T107
EEM	ISHARES TR	514,140	$20,082	3.8%	$39.06	—	MSCI EMG MKT ETF	464287234
EWW	ISHARES INC	253,750	$10,449	2.0%	$41.18	—	MSCI MEXICO ETF	464286822
GPRK	GEOPARK LTD	693,644	$9,586	1.8%	$16.89	-4.8%	USD SHS	G38327105
CX	CEMEX SAB DE CV	1,986,248	$9,574	1.8%	$6.12	—	SPON ADR NEW	151290889
RIG	TRANSOCEAN LTD	607,175	$4,214	0.8%	$11.87	-14.1%	REG SHS	H8817H100
FTI	TECHNIPFMC PLC	213,100	$4,172	0.8%	$20.01	-13.0%	COM	G87110105
TDW	TIDEWATER INC NEW	186,576	$3,569	0.7%	$29.89	-12.8%	COM	88642R109
—	ENSCO PLC	760,744	$2,708	0.5%	$6.08	—	SHS CLASS A	G3157S106
BMA	BANCO MACRO SA	60,000	$2,653	0.5%	$58.78	—	SPON ADR B	05961W105
TGS	TRANSPORTADORA DE GAS SUR	175,504	$2,633	0.5%	$12.14	—	SPON ADR B	893870204
PAM	PAMPA ENERGIA S A	73,196	$2,328	0.4%	$35.77	—	SPONS ADR LVL I	697660207
BHC	BAUSCH HEALTH COS INC	52,200	$964	0.2%	$22.90	+3.9%	Call	071734107
BHC	BAUSCH HEALTH COS INC	37,500	$693	0.1%	$22.90	+3.9%	COM	071734107
—	GLOBAL X FDS	100,000	$690	0.1%	$9.13	—	MSCI GREECE ETF	37950E366