Gramercy Funds Management LLC Hedge Fund

Location: West Palm Beach, FL

CIK: 0001548836 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 15, 2020

Total Value: $480M (100.0% shares, 0.0% debt)

Holdings (17)

EMB ISHARES TR 36.3%

Value $174M Shares 1,800,000 Est. Cost — Unrealized —

EEM ISHARES TR 35.0%

Value $168M Shares 4,922,500 Est. Cost — Unrealized —

HYG ISHARES TR 20.9%

Value $100M Shares 1,299,000 Est. Cost — Unrealized —

VALE VALE S A 2.6%

Value $12.41M Shares 1,497,630 Est. Cost $12.25 Unrealized —

GPRK GEOPARK LTD 1.4%

Value $6.877M Shares 972,640 Est. Cost $17.22 Unrealized -6.9%

GGB GERDAU SA 0.8%

Value $3.863M Shares 2,022,467 Est. Cost $3.88 Unrealized —

YPF YPF SOCIEDAD ANONIMA 0.6%

Value $2.928M Shares 702,168 Est. Cost $10.02 Unrealized —

PBR PETROLEO BRASILEIRO SA PETRO 0.6%

Value $2.766M Shares 502,977 Est. Cost $5.50 Unrealized —

CCU COMPANIA CERVECERIAS UNIDAS 0.5%

Value $2.168M Shares 162,000 Est. Cost $29.46 Unrealized —

FTI TECHNIPFMC PLC 0.3%

Value $1.436M Shares 213,100 Est. Cost $17.04 Unrealized -38.0%

TDW TIDEWATER INC NEW 0.3%

Value $1.321M Shares 186,576 Est. Cost $29.89 Unrealized -54.9%

BMA BANCO MACRO SA 0.2%

Value $1.019M Shares 60,000 Est. Cost $58.78 Unrealized —

TGS TRANSPORTADORA DE GAS SUR 0.2%

Value $838K Shares 182,257 Est. Cost $14.19 Unrealized —

PAM PAMPA ENERGIA S A 0.2%

Value $827K Shares 73,196 Est. Cost $35.77 Unrealized —

RIG TRANSOCEAN LTD 0.1%

Value $704K Shares 607,175 Est. Cost $11.13 Unrealized -64.9%

BHC BAUSCH HEALTH COS INC 0.1%

Value $581K Shares 37,500 Est. Cost $22.90 Unrealized +5.3%

VALPQ VALARIS PLC 0.0%

Value $86,000 Shares 190,186 Est. Cost $4.81 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EMB	ISHARES TR	1,800,000	$174M	36.3%	—	—	Put	464288281
EEM	ISHARES TR	4,922,500	$168M	35.0%	—	—	Put	464287234
HYG	ISHARES TR	1,299,000	$100M	20.9%	—	—	Put	464288513
VALE	VALE S A	1,497,630	$12.41M	2.6%	$12.25	—	SPONSORED ADS	91912E105
GPRK	GEOPARK LTD	972,640	$6.877M	1.4%	$17.22	-6.9%	USD SHS	G38327105
GGB	GERDAU SA	2,022,467	$3.863M	0.8%	$3.88	—	SPON ADR REP PFD	373737105
YPF	YPF SOCIEDAD ANONIMA	702,168	$2.928M	0.6%	$10.02	—	SPON ADR CL D	984245100
PBR	PETROLEO BRASILEIRO SA PETRO	502,977	$2.766M	0.6%	$5.50	—	SPONSORED ADR	71654V408
CCU	COMPANIA CERVECERIAS UNIDAS	162,000	$2.168M	0.5%	$29.46	—	SPONSORED ADR	204429104
FTI	TECHNIPFMC PLC	213,100	$1.436M	0.3%	$17.04	-38.0%	COM	G87110105
TDW	TIDEWATER INC NEW	186,576	$1.321M	0.3%	$29.89	-54.9%	COM	88642R109
BMA	BANCO MACRO SA	60,000	$1.019M	0.2%	$58.78	—	SPON ADR B	05961W105
TGS	TRANSPORTADORA DE GAS SUR	182,257	$838K	0.2%	$14.19	—	SPONSORED ADS B	893870204
PAM	PAMPA ENERGIA S A	73,196	$827K	0.2%	$35.77	—	SPONS ADR LVL I	697660207
RIG	TRANSOCEAN LTD	607,175	$704K	0.1%	$11.13	-64.9%	REG SHS	H8817H100
BHC	BAUSCH HEALTH COS INC	37,500	$581K	0.1%	$22.90	+5.3%	COM	071734107
VALPQ	VALARIS PLC	190,186	$86,000	0.0%	$4.81	—	SHS CLASS A	G9402V109