Gramercy Funds Management’s Cosan Limited CZZ Stock Holding History

Gramercy Funds Management’s Portfolio CZZ Stock Details CZZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q3	–	Sell	-1,422,147	Closed	-$19M	–	18
2019 Q2	$19M	Sell	1,422,147 -307,186	-18%	-$3.78M	9.73%	3
2019 Q1	$20M	Sell	1,729,333 -1,105,650	-39%	-$12.2M	5.36%	5
2018 Q4	$24.9M	Hold	2,834,983	–	–	4.75%	4
2018 Q3	$19.1M	Hold	2,834,983	–	–	3.69%	4
2018 Q2	$21.6M	Hold	2,834,983	–	–	4.21%	3
2018 Q1	$29.5M	Sell	2,834,983 -30,895	-1%	-$338K	5.91%	3
2017 Q4	$27.8M	Sell	2,865,878 -83,196	-3%	-$752K	4.52%	3
2017 Q3	$24M	Sell	2,949,074 -30,890	-1%	-$232K	4.41%	3
2017 Q2	$19.1M	Hold	2,979,964	–	–	3.58%	4
2017 Q1	$25.4M	Buy	2,979,964 +1,845,603	+163%	+$15.5M	30.65%	1
2016 Q4	$8.52M	Buy	+1,134,361	New	+$8.91M	4.38%	4

Other funds holding CZZ

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

DIGDR

Dynamo Internacional Gestao de Recursos Rio De Janeiro, Brazil $292M AUM 6.08% 1-Year Est. Return

DADR

Dynamo Administracao de Recursos Rio De Janeiro, Brazil $18.5M AUM 37.41% 1-Year Est. Return

Martin Currie Edinburgh, United Kingdom $2.61B AUM 29.41% 1-Year Est. Return

Prudential plc London, England, United Kingdom $17.1B AUM 15.7% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada $155B AUM 29.93% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

Gramercy Funds Management's CZZ Position: Q3 2019 in Review

Gramercy Funds Management sold out of Cosan Limited (CZZ) in Q3 2019, closing a stake of 1,422,147 shares — an estimated $19M sold.

Gramercy Funds Management first reported a position in CZZ in Q4 2016 and held it in 11 quarters. The position peaked at $29.5M in Q1 2018. 125 funds tracked by Wall St. Rank hold CZZ as of Q3 2019.

Gramercy Funds Management reported no remaining Cosan Limited position as of Q3 2019 after selling out during the quarter.
Gramercy Funds Management sold 1,422,147 Cosan Limited shares in Q3 2019, an estimated $19M.
Gramercy Funds Management first reported a position in Cosan Limited in Q4 2016 and held it in 11 quarters.
Gramercy Funds Management's Cosan Limited position peaked at $29.5M in Q1 2018.
125 funds tracked by Wall St. Rank held Cosan Limited as of Q3 2019.

Based on Gramercy Funds Management's 13F filing for Q3 2019, filed 14 Nov 2019.