Gramercy Funds Management LLC Hedge Fund

CIK: 0001548836 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 14, 2020

Total Value ($000): $702,470 (100.0% shares, 0.0% debt)

Holdings (18)

EEM ISHARES TR 28.0%

Value ($000) $196,851 Shares 4,922,500 Est. Cost — Unrealized —

EMB ISHARES TR 25.7%

Value ($000) $180,213 Shares 1,650,000 Est. Cost — Unrealized —

SPY SPDR S&P 500 ETF TR 21.9%

Value ($000) $154,180 Shares 500,000 Est. Cost — Unrealized —

HYG ISHARES TR 17.4%

Value ($000) $122,430 Shares 1,500,000 Est. Cost — Unrealized —

VALE VALE S A 2.2%

Value ($000) $15,441 Shares 1,497,630 Est. Cost $12.25 Unrealized —

GPRK GEOPARK LTD 1.4%

Value ($000) $9,522 Shares 972,640 Est. Cost $17.22 Unrealized -47.9%

GGB GERDAU SA 0.9%

Value ($000) $5,987 Shares 2,022,467 Est. Cost $3.88 Unrealized —

PBR PETROLEO BRASILEIRO SA PETRO 0.6%

Value ($000) $4,160 Shares 502,977 Est. Cost $5.50 Unrealized —

YPF YPF SOCIEDAD ANONIMA 0.6%

Value ($000) $4,037 Shares 702,168 Est. Cost $10.02 Unrealized —

CCU COMPANIA CERVECERIAS UNIDAS 0.3%

Value ($000) $2,320 Shares 162,000 Est. Cost $29.46 Unrealized —

FTI TECHNIPFMC PLC 0.2%

Value ($000) $1,458 Shares 213,100 Est. Cost $17.04 Unrealized -66.4%

BMA BANCO MACRO SA 0.2%

Value ($000) $1,113 Shares 60,000 Est. Cost $58.78 Unrealized —

RIG TRANSOCEAN LTD 0.2%

Value ($000) $1,111 Shares 607,175 Est. Cost $11.13 Unrealized -86.0%

TDW TIDEWATER INC NEW 0.1%

Value ($000) $1,043 Shares 186,576 Est. Cost $29.89 Unrealized -81.0%

TGS TRANSPORTADORA DE GAS SUR 0.1%

Value ($000) $1,026 Shares 182,257 Est. Cost $14.19 Unrealized —

PAM PAMPA ENERGIA S A 0.1%

Value ($000) $768 Shares 73,196 Est. Cost $35.77 Unrealized —

BHC BAUSCH HEALTH COS INC 0.1%

Value ($000) $686 Shares 37,500 Est. Cost $22.90 Unrealized -23.0%

VALPQ VALARIS PLC 0.0%

Value ($000) $124 Shares 190,186 Est. Cost $4.81 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EEM	ISHARES TR	4,922,500	$196,851	28.0%	—	—	Put	464287234
EMB	ISHARES TR	1,650,000	$180,213	25.7%	—	—	Put	464288281
SPY	SPDR S&P 500 ETF TR	500,000	$154,180	21.9%	—	—	Put	78462F103
HYG	ISHARES TR	1,500,000	$122,430	17.4%	—	—	Put	464288513
VALE	VALE S A	1,497,630	$15,441	2.2%	$12.25	—	SPONSORED ADS	91912E105
GPRK	GEOPARK LTD	972,640	$9,522	1.4%	$17.22	-47.9%	USD SHS	G38327105
GGB	GERDAU SA	2,022,467	$5,987	0.9%	$3.88	—	SPON ADR REP PFD	373737105
PBR	PETROLEO BRASILEIRO SA PETRO	502,977	$4,160	0.6%	$5.50	—	SPONSORED ADR	71654V408
YPF	YPF SOCIEDAD ANONIMA	702,168	$4,037	0.6%	$10.02	—	SPON ADR CL D	984245100
CCU	COMPANIA CERVECERIAS UNIDAS	162,000	$2,320	0.3%	$29.46	—	SPONSORED ADR	204429104
FTI	TECHNIPFMC PLC	213,100	$1,458	0.2%	$17.04	-66.4%	COM	G87110105
BMA	BANCO MACRO SA	60,000	$1,113	0.2%	$58.78	—	SPON ADR B	05961W105
RIG	TRANSOCEAN LTD	607,175	$1,111	0.2%	$11.13	-86.0%	REG SHS	H8817H100
TDW	TIDEWATER INC NEW	186,576	$1,043	0.1%	$29.89	-81.0%	COM	88642R109
TGS	TRANSPORTADORA DE GAS SUR	182,257	$1,026	0.1%	$14.19	—	SPONSORED ADS B	893870204
PAM	PAMPA ENERGIA S A	73,196	$768	0.1%	$35.77	—	SPONS ADR LVL I	697660207
BHC	BAUSCH HEALTH COS INC	37,500	$686	0.1%	$22.90	-23.0%	COM	071734107
VALPQ	VALARIS PLC	190,186	$124	0.0%	$4.81	—	SHS CLASS A	G9402V109