Gramercy Funds Management LLC Hedge Fund

CIK: 0001548836 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 14, 2020

Total Value ($000): $133,612 (100.0% shares, 0.0% debt)

Holdings (15)

EEM ISHARES TR 38.6%

Value ($000) $51,601 Shares 1,150,000 Est. Cost — Unrealized —

GPRK GEOPARK LTD 15.8%

Value ($000) $21,114 Shares 955,406 Est. Cost $17.24 Unrealized +10.4%

VALE VALE S A 13.3%

Value ($000) $17,706 Shares 1,341,380 Est. Cost $12.71 Unrealized —

GGB GERDAU S A 10.7%

Value ($000) $14,320 Shares 2,922,467 Est. Cost $3.88 Unrealized —

YPF YPF SOCIEDAD ANONIMA 3.6%

Value ($000) $4,838 Shares 417,786 Est. Cost $14.01 Unrealized —

FTI TECHNIPFMC PLC 3.4%

Value ($000) $4,569 Shares 213,100 Est. Cost $17.04 Unrealized -12.8%

RIG TRANSOCEAN LTD 3.1%

Value ($000) $4,177 Shares 607,175 Est. Cost $11.13 Unrealized -53.7%

TDW TIDEWATER INC NEW 2.7%

Value ($000) $3,597 Shares 186,576 Est. Cost $29.89 Unrealized -46.6%

CCU COMPANIA CERVECERIAS UNIDAS 2.3%

Value ($000) $3,073 Shares 162,000 Est. Cost $29.46 Unrealized —

BMA BANCO MACRO SA 1.6%

Value ($000) $2,175 Shares 60,000 Est. Cost $58.78 Unrealized —

BHC BAUSCH HEALTH COS INC 1.2%

Value ($000) $1,562 Shares 52,200 Est. Cost $22.90 Unrealized +13.5%

TGS TRANSPORTADORA DE GAS SUR 1.0%

Value ($000) $1,307 Shares 182,257 Est. Cost $14.19 Unrealized —

VALPQ VALARIS PLC 0.9%

Value ($000) $1,248 Shares 190,186 Est. Cost $4.81 Unrealized —

PAM PAMPA ENERGIA S A 0.9%

Value ($000) $1,203 Shares 73,196 Est. Cost $35.77 Unrealized —

BHC BAUSCH HEALTH COS INC 0.8%

Value ($000) $1,122 Shares 37,500 Est. Cost $22.90 Unrealized +13.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EEM	ISHARES TR	1,150,000	$51,601	38.6%	—	—	Put	464287234
GPRK	GEOPARK LTD	955,406	$21,114	15.8%	$17.24	+10.4%	USD SHS	G38327105
VALE	VALE S A	1,341,380	$17,706	13.3%	$12.71	—	SPONSORED ADS	91912E105
GGB	GERDAU S A	2,922,467	$14,320	10.7%	$3.88	—	SPON ADR REP PFD	373737105
YPF	YPF SOCIEDAD ANONIMA	417,786	$4,838	3.6%	$14.01	—	SPON ADR CL D	984245100
FTI	TECHNIPFMC PLC	213,100	$4,569	3.4%	$17.04	-12.8%	COM	G87110105
RIG	TRANSOCEAN LTD	607,175	$4,177	3.1%	$11.13	-53.7%	REG SHS	H8817H100
TDW	TIDEWATER INC NEW	186,576	$3,597	2.7%	$29.89	-46.6%	COM	88642R109
CCU	COMPANIA CERVECERIAS UNIDAS	162,000	$3,073	2.3%	$29.46	—	SPONSORED ADR	204429104
BMA	BANCO MACRO SA	60,000	$2,175	1.6%	$58.78	—	SPON ADR B	05961W105
BHC	BAUSCH HEALTH COS INC	52,200	$1,562	1.2%	$22.90	+13.5%	Call	071734107
TGS	TRANSPORTADORA DE GAS SUR	182,257	$1,307	1.0%	$14.19	—	SPONSORED ADS B	893870204
VALPQ	VALARIS PLC	190,186	$1,248	0.9%	$4.81	—	SHS CLASS A	G9402V109
PAM	PAMPA ENERGIA S A	73,196	$1,203	0.9%	$35.77	—	SPONS ADR LVL I	697660207
BHC	BAUSCH HEALTH COS INC	37,500	$1,122	0.8%	$22.90	+13.5%	COM	071734107