Gramercy Funds Management’s iShares JPMorgan USD Emerging Markets Bond ETF EMB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2022 Q3	–	Sell	-2,200,000	Closed	-$188M	–	1
2022 Q2	$188M	Buy	+2,200,000	New	+$199M	100%	1
2022 Q1	–	Sell	-2,620,000	Closed	-$286M	–	4
2021 Q4	$286M	Hold	2,620,000	–	–	99.71%	1
2021 Q3	$288M	Sell	2,620,000 -120,000	-4%	-$13.5M	99.69%	1
2021 Q2	$308M	Buy	2,740,000 +440,000	+19%	+$49M	55.69%	1
2021 Q1	$250M	Hold	2,300,000	–	–	63.35%	1
2020 Q4	$267M	Sell	2,300,000 -1,200,000	-34%	-$136M	62.47%	1
2020 Q3	$388M	Buy	3,500,000 +1,850,000	+112%	+$208M	39.92%	2
2020 Q2	$180M	Sell	1,650,000 -150,000	-8%	-$15.5M	25.65%	2
2020 Q1	$174M	Buy	+1,800,000	New	+$198M	36.26%	1
2019 Q1	–	Sell	-2,000,000	Closed	-$208M	–	23
2018 Q4	$208M	Hold	2,000,000	–	–	39.58%	1
2018 Q3	$216M	Hold	2,000,000	–	–	41.68%	1
2018 Q2	$214M	Hold	2,000,000	–	–	41.54%	2
2018 Q1	$226M	Sell	2,000,000 -463,300	-19%	-$52.6M	45.28%	1
2017 Q4	$286M	Buy	+2,463,300	New	+$285M	46.51%	1