We are live on
!
Find out more
GFM
Gramercy Funds Management Portfolio holdings
AUM
$6.07M
1-Year Est. Return
35.69%
This Fund
S&P 500
This Quarter
Est. Return
+13.69%
1 Year Est. Return
-35.69%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$374M
AUM Growth
-$151M
(-29%)
Cap. Flow
-$169M
Cap. Flow
% of AUM
-45.26%
Top 10 Holdings %
Top 10 Hldgs %
90.87%
Holding
26
New
7
Increased
4
Reduced
3
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
YPF
YPF
|
+$19.9M |
| 2 |
TechnipFMC
FTI
|
+$12.4M |
| 3 |
GeoPark
GPRK
|
+$9.02M |
| 4 |
Gerdau
GGB
|
+$8.71M |
| 5 |
Vale
VALE
|
+$8.15M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CZZ
Cosan Limited
CZZ
|
+$12.2M |
| 2 |
iShares MSCI Mexico ETF
EWW
|
+$10.4M |
| 3 |
Cemex
CX
|
+$9.57M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$4.17M |
| 5 |
Transportadora de Gas del Sur
TGS
|
+$2.63M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 18.35% |
| 2 | Consumer Staples | 13.5% |
| 3 | Materials | 4.41% |
| 4 | Financials | 0.73% |
| 5 | Industrials | 0.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $173M | 46.21% |
+2,000,000
| New | +$170M |
|
2
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$784B
| $35.3M | 9.44% |
+125,100
| New | +$34M |
|
|
BRFS
3
DELISTED
BRF SA
BRFS
| $25.7M | 6.87% |
4,415,053
+444,000
| +11% | +$2.67M |
|
|
4
GeoPark
GPRK
$622M
| $20.8M | 5.55% |
1,207,061
+510,642
| +73% | +$9.02M |
|
|
CZZ
5
DELISTED
Cosan Limited
CZZ
| $20M | 5.36% |
1,729,333
-1,105,650
| -39% | -$12.2M |
|
|
6
YPF
YPF
$20.4B
| $19M | 5.08% |
+1,355,745
| New | +$19.9M |
|
|
7
iShares MSCI Emerging Markets ETF
EEM
$28.6B
| $17.8M | 4.76% |
415,000
-99,140
| -19% | -$4.17M |
|
|
8
TechnipFMC
FTI
$27.5B
| $12M | 3.2% |
1,022,440
+736,034
| +257% | +$12.4M |
|
|
9
Gerdau
GGB
$9.74B
| $8.28M | 2.21% |
+2,688,234
| New | +$8.71M |
|
|
10
Vale
VALE
$63.8B
| $8.22M | 2.2% |
+629,700
| New | +$8.15M |
|
11
Transocean
RIG
$5.62B
| $7.6M | 2.03% |
782,679
+175,504
| +29% | +$1.5M |
|
|
ESV
12
DELISTED
Ensco Rowan plc
ESV
| $5.01M | 1.34% |
53,275
-136,911
| -72% | -$2.39M |
|
13
Compañía de Cervecerías Unidas
CCU
$2.16B
| $4.77M | 1.28% |
+162,000
| New | +$4.52M |
|
|
14
State Street SPDR S&P 500 ETF Trust
SPY
$784B
| $4.69M | 1.25% |
+16,600
| New | +$4.51M |
|
15
Tidewater
TDW
$3.65B
| $4.33M | 1.16% |
186,576
| – | – |
|
16
Banco Macro
BMA
$6.02B
| $2.75M | 0.73% |
60,000
| – | – |
|
17
Pampa Energía
PAM
$4.77B
| $2.02M | 0.54% |
73,196
| – | – |
|
18
CALL
Bausch Health
BHC
$2.25B
| $1.29M | 0.34% |
52,200
| – | – |
|
|
19
Bausch Health
BHC
$2.25B
| $926K | 0.25% |
37,500
| – | – |
|
|
GREK
20
Global X MSCI Greece ETF
GREK
$302M
| $804K | 0.21% |
33,333
| – | – |
|
|
21
Cemex
CX
$17.2B
| – | – |
-1,986,248
| Closed | -$9.57M |
|
|
22
PUT
iShares MSCI Emerging Markets ETF
EEM
$28.6B
| – | – |
-1,000,000
| Closed | -$39.1M |
|
23
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| – | – |
-2,000,000
| Closed | -$208M |
|
|
24
iShares MSCI Mexico ETF
EWW
$1.93B
| – | – |
-253,750
| Closed | -$10.4M |
|
25
CALL
iShares China Large-Cap ETF
FXI
$4.37B
| – | – |
-4,000,000
| Closed | -$156M |
|
Similar funds
PFGWM
BM
WI
SAS
LA
OFC
SA
AI
Gramercy Funds Management's Q1 2019 Portfolio in Review
As of Q1 2019, Gramercy Funds Management held 26 positions worth $374M, down 29% from $525M the previous quarter. Its ten largest holdings account for 91% of the portfolio.
Gramercy Funds Management withdrew a net $169M in Q1 2019, closing 6 positions and reducing 3 holdings. Its most notable exit was iShares MSCI Mexico ETF, an estimated $10.4M position sold in full.
By sector, the portfolio is most concentrated in Energy at 18% of assets, up from 5.1% a quarter earlier, followed by Consumer Staples and Materials.
Against the trend, Gramercy Funds Management opened a new position in YPF worth $19M.
- Gramercy Funds Management's largest Q1 2019 buy was YPF: 1,355,745 shares worth $19M.
- Gramercy Funds Management added most to TechnipFMC in Q1 2019, an estimated $12.4M increase.
- Gramercy Funds Management's biggest Q1 2019 reduction was Cosan Limited, cutting an estimated $12.2M.
- Gramercy Funds Management fully exited iShares MSCI Mexico ETF in Q1 2019, selling an estimated $10.4M.
- Gramercy Funds Management's ten largest holdings make up 91% of its $374M portfolio in Q1 2019.
- Gramercy Funds Management opened 7 new positions and closed 6 in Q1 2019.
- Gramercy Funds Management's portfolio value fell 29% quarter-over-quarter to $374M.
Based on Gramercy Funds Management's 13F filing for Q1 2019, filed 15 May 2019.