Gramercy Funds Management LLC Hedge Fund

CIK: 0001548836 · Show all filings

Period: Q3 2019 (← Previous) (Next →)

Filing Date: Nov 14, 2019

Total Value ($000): $147,709 (100.0% shares, 0.0% debt)

Holdings (15)

EEM ISHARES TR 51.2%

Value ($000) $75,610 Shares 1,850,000 Est. Cost — Unrealized —

GPRK GEOPARK LTD 15.0%

Value ($000) $22,133 Shares 1,202,252 Est. Cost $17.24 Unrealized +4.0%

VALE VALE S A 10.4%

Value ($000) $15,426 Shares 1,341,380 Est. Cost $12.71 Unrealized —

GGB GERDAU S A 6.2%

Value ($000) $9,206 Shares 2,922,467 Est. Cost $3.88 Unrealized —

FTI TECHNIPFMC PLC 3.5%

Value ($000) $5,144 Shares 213,100 Est. Cost $17.04 Unrealized +4.2%

YPF YPF SOCIEDAD ANONIMA 2.6%

Value ($000) $3,865 Shares 417,786 Est. Cost $14.01 Unrealized —

CCU COMPANIA CERVECERIAS UNIDAS 2.4%

Value ($000) $3,595 Shares 162,000 Est. Cost $29.46 Unrealized —

TDW TIDEWATER INC NEW 1.9%

Value ($000) $2,819 Shares 186,576 Est. Cost $29.89 Unrealized -36.9%

RIG TRANSOCEAN LTD 1.8%

Value ($000) $2,714 Shares 607,175 Est. Cost $11.13 Unrealized -52.3%

BMA BANCO MACRO SA 1.1%

Value ($000) $1,561 Shares 60,000 Est. Cost $58.78 Unrealized —

TGS TRANSPORTADORA DE GAS SUR 1.0%

Value ($000) $1,490 Shares 175,504 Est. Cost $14.46 Unrealized —

PAM PAMPA ENERGIA S A 0.9%

Value ($000) $1,271 Shares 73,196 Est. Cost $35.77 Unrealized —

BHC BAUSCH HEALTH COS INC 0.8%

Value ($000) $1,141 Shares 52,200 Est. Cost $22.90 Unrealized -0.1%

VALPQ VALARIS PLC 0.6%

Value ($000) $915 Shares 190,186 Est. Cost $4.81 Unrealized —

BHC BAUSCH HEALTH COS INC 0.6%

Value ($000) $819 Shares 37,500 Est. Cost $22.90 Unrealized -0.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EEM	ISHARES TR	1,850,000	$75,610	51.2%	—	—	Put	464287234
GPRK	GEOPARK LTD	1,202,252	$22,133	15.0%	$17.24	+4.0%	USD SHS	G38327105
VALE	VALE S A	1,341,380	$15,426	10.4%	$12.71	—	SPONSORED ADS	91912E105
GGB	GERDAU S A	2,922,467	$9,206	6.2%	$3.88	—	SPON ADR REP PFD	373737105
FTI	TECHNIPFMC PLC	213,100	$5,144	3.5%	$17.04	+4.2%	COM	G87110105
YPF	YPF SOCIEDAD ANONIMA	417,786	$3,865	2.6%	$14.01	—	SPON ADR CL D	984245100
CCU	COMPANIA CERVECERIAS UNIDAS	162,000	$3,595	2.4%	$29.46	—	SPONSORED ADR	204429104
TDW	TIDEWATER INC NEW	186,576	$2,819	1.9%	$29.89	-36.9%	COM	88642R109
RIG	TRANSOCEAN LTD	607,175	$2,714	1.8%	$11.13	-52.3%	REG SHS	H8817H100
BMA	BANCO MACRO SA	60,000	$1,561	1.1%	$58.78	—	SPON ADR B	05961W105
TGS	TRANSPORTADORA DE GAS SUR	175,504	$1,490	1.0%	$14.46	—	SPONSORED ADS B	893870204
PAM	PAMPA ENERGIA S A	73,196	$1,271	0.9%	$35.77	—	SPONS ADR LVL I	697660207
BHC	BAUSCH HEALTH COS INC	52,200	$1,141	0.8%	$22.90	-0.1%	Call	071734107
VALPQ	VALARIS PLC	190,186	$915	0.6%	$4.81	—	SHS CLASS A	G9402V109
BHC	BAUSCH HEALTH COS INC	37,500	$819	0.6%	$22.90	-0.1%	COM	071734107