Gramercy Funds Management’s New Germany Fund GF Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-19,269	Closed	-$256K	–	61
2016 Q2	$256K	Hold	19,269	–	–	0.11%	54
2016 Q1	$272K	Hold	19,269	–	–	0.08%	61
2015 Q4	$283K	Hold	19,269	–	–	0.09%	58
2015 Q3	$278K	Buy	+19,269	New	+$291K	0.09%	58
2015 Q1	–	Sell	-10,306	Closed	-$145K	–	76
2014 Q4	$145K	Sell	10,306 -57,905	-85%	-$964K	0.04%	64
2014 Q3	$1.14M	Sell	68,211 -41,879	-38%	-$738K	0.44%	41
2014 Q2	$2.06M	Hold	110,090	–	–	0.76%	21
2014 Q1	$2.14M	Buy	110,090 +44,233	+67%	+$853K	0.76%	25
2013 Q4	$1.31M	Sell	65,857 -125,875	-66%	-$2.8M	0.41%	36
2013 Q3	$3.95M	Sell	191,732 -228,454	-54%	-$4.4M	0.92%	22
2013 Q2	$7.39M	Buy	+420,186	New	+$7.36M	2.16%	16

Other funds holding GF

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

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

1CP

1607 Capital Partners Richmond, Virginia $1.39B AUM 8.35% 1-Year Est. Return

KIM

Karpus Investment Management Pittsford, New York $3.21B AUM 6.83% 1-Year Est. Return

SII Investments Appleton, Wisconsin $965M AUM 15.44% 1-Year Est. Return

Gabelli Funds Rye, New York $14.8B AUM 32.24% 1-Year Est. Return

SFS

Shaker Financial Services Arlington, Virginia $319M AUM 3.9% 1-Year Est. Return

TJHA

Thomas J. Herzfeld Advisors Miami Beach, Florida $294M AUM 2.62% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

Gramercy Funds Management's GF Position: Q3 2016 in Review

Gramercy Funds Management sold out of New Germany Fund (GF) in Q3 2016, closing a stake of 19,269 shares — an estimated $256K sold.

Gramercy Funds Management first reported a position in GF in Q2 2013 and held it in 11 quarters. The position peaked at $7.39M in Q2 2013. 41 funds tracked by Wall St. Rank hold GF as of Q3 2016.

Gramercy Funds Management reported no remaining New Germany Fund position as of Q3 2016 after selling out during the quarter.
Gramercy Funds Management sold 19,269 New Germany Fund shares in Q3 2016, an estimated $256K.
Gramercy Funds Management first reported a position in New Germany Fund in Q2 2013 and held it in 11 quarters.
Gramercy Funds Management's New Germany Fund position peaked at $7.39M in Q2 2013.
41 funds tracked by Wall St. Rank held New Germany Fund as of Q3 2016.

Based on Gramercy Funds Management's 13F filing for Q3 2016, filed 9 Nov 2016.