Gramercy Funds Management LLC Hedge Fund

CIK: 0001548836 · Show all filings

Period: Q2 2019 (← Previous) (Next →)

Filing Date: Aug 14, 2019

Total Value ($000): $195,175 (100.0% shares, 0.0% debt)

Holdings (17)

EEM ISHARES TR 40.7%

Value ($000) $79,384 Shares 1,850,000 Est. Cost $39.06 Unrealized —

GPRK GEOPARK LTD 11.4%

Value ($000) $22,290 Shares 1,202,252 Est. Cost $17.24 Unrealized -2.6%

— COSAN LTD 9.7%

Value ($000) $19,000 Shares 1,422,147 Est. Cost $8.15 Unrealized —

VALE VALE S A 6.6%

Value ($000) $12,920 Shares 961,340 Est. Cost $13.19 Unrealized —

GGB GERDAU S A 5.8%

Value ($000) $11,368 Shares 2,922,467 Est. Cost $3.88 Unrealized —

— BRF SA 5.4%

Value ($000) $10,610 Shares 1,396,003 Est. Cost $5.12 Unrealized —

YPF YPF SOCIEDAD ANONIMA 4.4%

Value ($000) $8,560 Shares 470,077 Est. Cost $14.01 Unrealized —

FTI TECHNIPFMC PLC 2.8%

Value ($000) $5,528 Shares 213,100 Est. Cost $17.04 Unrealized -2.6%

CCU COMPANIA CERVECERIAS UNIDAS 2.3%

Value ($000) $4,577 Shares 162,000 Est. Cost $29.46 Unrealized —

TDW TIDEWATER INC NEW 2.2%

Value ($000) $4,381 Shares 186,576 Est. Cost $29.89 Unrealized -23.1%

BMA BANCO MACRO SA 2.2%

Value ($000) $4,371 Shares 60,000 Est. Cost $58.78 Unrealized —

RIG TRANSOCEAN LTD 2.0%

Value ($000) $3,892 Shares 607,175 Est. Cost $11.13 Unrealized -33.2%

PAM PAMPA ENERGIA S A 1.3%

Value ($000) $2,538 Shares 73,196 Est. Cost $35.77 Unrealized —

TGS TRANSPORTADORA DE GAS SUR 1.3%

Value ($000) $2,538 Shares 175,504 Est. Cost $14.46 Unrealized —

BHC BAUSCH HEALTH COS INC 0.7%

Value ($000) $1,316 Shares 52,200 Est. Cost $22.90 Unrealized +3.7%

— GLOBAL X FDS 0.5%

Value ($000) $956 Shares 100,000 Est. Cost $9.13 Unrealized —

BHC BAUSCH HEALTH COS INC 0.5%

Value ($000) $946 Shares 37,500 Est. Cost $22.90 Unrealized +3.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EEM	ISHARES TR	1,850,000	$79,384	40.7%	$39.06	—	Put	464287234
GPRK	GEOPARK LTD	1,202,252	$22,290	11.4%	$17.24	-2.6%	USD SHS	G38327105
—	COSAN LTD	1,422,147	$19,000	9.7%	$8.15	—	SHS A	G25343107
VALE	VALE S A	961,340	$12,920	6.6%	$13.19	—	SPONSORED ADS	91912E105
GGB	GERDAU S A	2,922,467	$11,368	5.8%	$3.88	—	SPON ADR REP PFD	373737105
—	BRF SA	1,396,003	$10,610	5.4%	$5.12	—	SPONSORED ADR	10552T107
YPF	YPF SOCIEDAD ANONIMA	470,077	$8,560	4.4%	$14.01	—	SPON ADR CL D	984245100
FTI	TECHNIPFMC PLC	213,100	$5,528	2.8%	$17.04	-2.6%	COM	G87110105
CCU	COMPANIA CERVECERIAS UNIDAS	162,000	$4,577	2.3%	$29.46	—	SPONSORED ADR	204429104
TDW	TIDEWATER INC NEW	186,576	$4,381	2.2%	$29.89	-23.1%	COM	88642R109
BMA	BANCO MACRO SA	60,000	$4,371	2.2%	$58.78	—	SPON ADR B	05961W105
RIG	TRANSOCEAN LTD	607,175	$3,892	2.0%	$11.13	-33.2%	REG SHS	H8817H100
PAM	PAMPA ENERGIA S A	73,196	$2,538	1.3%	$35.77	—	SPONS ADR LVL I	697660207
TGS	TRANSPORTADORA DE GAS SUR	175,504	$2,538	1.3%	$14.46	—	SPONSORED ADS B	893870204
BHC	BAUSCH HEALTH COS INC	52,200	$1,316	0.7%	$22.90	+3.7%	Call	071734107
—	GLOBAL X FDS	100,000	$956	0.5%	$9.13	—	MSCI GREECE ETF	37950E366
BHC	BAUSCH HEALTH COS INC	37,500	$946	0.5%	$22.90	+3.7%	COM	071734107