Gramercy Funds Management LLC Hedge Fund

CIK: 0001548836 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Nov 16, 2020

Total Value ($000): $972,326 (100.0% shares, 0.0% debt)

Holdings (15)

HYG ISHARES TR 43.1%

Value ($000) $419,500 Shares 5,000,000 Est. Cost — Unrealized —

EMB ISHARES TR 39.9%

Value ($000) $388,115 Shares 3,500,000 Est. Cost — Unrealized —

XOP SPDR SER TR 13.0%

Value ($000) $126,210 Shares 3,000,000 Est. Cost — Unrealized —

VALE VALE S A 1.3%

Value ($000) $12,676 Shares 1,198,100 Est. Cost $12.25 Unrealized —

GPRK GEOPARK LTD 0.7%

Value ($000) $7,159 Shares 972,641 Est. Cost $17.22 Unrealized -46.2%

GGB GERDAU SA 0.6%

Value ($000) $5,986 Shares 1,617,967 Est. Cost $3.88 Unrealized —

PBR PETROLEO BRASILEIRO SA PETRO 0.3%

Value ($000) $2,613 Shares 366,977 Est. Cost $5.50 Unrealized —

YPF YPF SOCIEDAD ANONIMA 0.3%

Value ($000) $2,507 Shares 702,168 Est. Cost $10.02 Unrealized —

CCU COMPANIA CERVECERIAS UNIDAS 0.2%

Value ($000) $2,101 Shares 162,000 Est. Cost $29.46 Unrealized —

FTI TECHNIPFMC PLC 0.1%

Value ($000) $1,345 Shares 213,100 Est. Cost $17.04 Unrealized -67.6%

TDW TIDEWATER INC NEW 0.1%

Value ($000) $1,252 Shares 186,576 Est. Cost $29.89 Unrealized -78.0%

BMA BANCO MACRO SA 0.1%

Value ($000) $858 Shares 60,000 Est. Cost $58.78 Unrealized —

TGS TRANSPORTADORA DE GAS SUR 0.1%

Value ($000) $758 Shares 182,257 Est. Cost $14.19 Unrealized —

PAM PAMPA ENERGIA S A 0.1%

Value ($000) $756 Shares 73,196 Est. Cost $35.77 Unrealized —

RIG TRANSOCEAN LTD 0.1%

Value ($000) $490 Shares 607,175 Est. Cost $11.13 Unrealized -85.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HYG	ISHARES TR	5,000,000	$419,500	43.1%	—	—	Put	464288513
EMB	ISHARES TR	3,500,000	$388,115	39.9%	—	—	Put	464288281
XOP	SPDR SER TR	3,000,000	$126,210	13.0%	—	—	Put	78468R556
VALE	VALE S A	1,198,100	$12,676	1.3%	$12.25	—	SPONSORED ADS	91912E105
GPRK	GEOPARK LTD	972,641	$7,159	0.7%	$17.22	-46.2%	USD SHS	G38327105
GGB	GERDAU SA	1,617,967	$5,986	0.6%	$3.88	—	SPON ADR REP PFD	373737105
PBR	PETROLEO BRASILEIRO SA PETRO	366,977	$2,613	0.3%	$5.50	—	SPONSORED ADR	71654V408
YPF	YPF SOCIEDAD ANONIMA	702,168	$2,507	0.3%	$10.02	—	SPON ADR CL D	984245100
CCU	COMPANIA CERVECERIAS UNIDAS	162,000	$2,101	0.2%	$29.46	—	SPONSORED ADR	204429104
FTI	TECHNIPFMC PLC	213,100	$1,345	0.1%	$17.04	-67.6%	COM	G87110105
TDW	TIDEWATER INC NEW	186,576	$1,252	0.1%	$29.89	-78.0%	COM	88642R109
BMA	BANCO MACRO SA	60,000	$858	0.1%	$58.78	—	SPON ADR B	05961W105
TGS	TRANSPORTADORA DE GAS SUR	182,257	$758	0.1%	$14.19	—	SPONSORED ADS B	893870204
PAM	PAMPA ENERGIA S A	73,196	$756	0.1%	$35.77	—	SPONS ADR LVL I	697660207
RIG	TRANSOCEAN LTD	607,175	$490	0.1%	$11.13	-85.3%	REG SHS	H8817H100