Gramercy Funds Management’s GDL Fund GDL Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-28,937	Closed	-$290K	–	66
2016 Q1	$290K	Hold	28,937	–	–	0.09%	57
2015 Q4	$290K	Buy	28,937 +25,037	+642%	+$250K	0.09%	56
2015 Q3	$38K	Sell	3,900 -3,889	-50%	-$39.3K	0.01%	66
2015 Q2	$79K	Buy	7,789 +3,889	+100%	+$40.4K	0.02%	59
2015 Q1	$40K	Buy	3,900 +400	+11%	+$4.11K	0.01%	65
2014 Q4	$36K	Hold	3,500	–	–	0.01%	72
2014 Q3	$37K	Buy	+3,500	New	+$37.5K	0.01%	71

Other funds holding GDL

Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return

GCIA

Gabelli & Co Investment Advisers Rye, New York $674M AUM 64.52% 1-Year Est. Return

AAM

Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return

GPC

Glacier Peak Capital Bellevue, Washington $96.2M AUM 0.45% 1-Year Est. Return

Matisse Capital Portland, Oregon $234M AUM 19.72% 1-Year Est. Return

PAIM

Punch & Associates Investment Management Edina, Minnesota $1.73B AUM 27.65% 1-Year Est. Return

RCM

Rivernorth Capital Management West Palm Beach, Florida $2B AUM 0.66% 1-Year Est. Return

GAMCO Investors Greenwich, Connecticut $10.2B AUM 30.27% 1-Year Est. Return

Cornerstone Advisors Asheville, North Carolina $2.72B AUM 22.17% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Gramercy Funds Management's GDL Position: Q2 2016 in Review

Gramercy Funds Management sold out of GDL Fund (GDL) in Q2 2016, closing a stake of 28,937 shares — an estimated $290K sold.

Gramercy Funds Management first reported a position in GDL in Q3 2014 and held it in 7 quarters. The position peaked at $290K in Q1 2016. 48 funds tracked by Wall St. Rank hold GDL as of Q2 2016.

Gramercy Funds Management reported no remaining GDL Fund position as of Q2 2016 after selling out during the quarter.
Gramercy Funds Management sold 28,937 GDL Fund shares in Q2 2016, an estimated $290K.
Gramercy Funds Management first reported a position in GDL Fund in Q3 2014 and held it in 7 quarters.
Gramercy Funds Management's GDL Fund position peaked at $290K in Q1 2016.
48 funds tracked by Wall St. Rank held GDL Fund as of Q2 2016.

Based on Gramercy Funds Management's 13F filing for Q2 2016, filed 10 Aug 2016.