Managers / Q2 2021 · view latest →
Gramercy Funds Management LLC
CIK 0001548836 · 250 SOUTH AUSTRALIAN AVENUE, SUITE 1102, WEST PALM BEACH, FL, 33401 · 203-552-1900
Summary
Gramercy Funds Management LLC reported $553M in U.S.-listed holdings across 4 positions for Q2 2021.
Compared with Q1 2021, the fund opened 1 new position and exited 10.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ETP · 99.9% · $552M
- Other · 0.1% · $828,000
Quarter-over-Quarter Changes full breakdown →
vs Q1 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NOBLE CORP NEW | NEW | +33.5K | 33.5K | +$828,000 | $828,000 |
| ISHARES TR | ADDED | +1.43M | 1.93M | +$126M | $169M |
| VALE S A | SOLD OUT | −951.2K | 0 | −$17M | $0 |
| GEOPARK LTD | SOLD OUT | −209.1K | 0 | −$3M | $0 |
| PBRPETROLEO BRASILEIRO SA PETRO | SOLD OUT | −367.0K | 0 | −$3M | $0 |
| YPF SOCIEDAD ANONIMA | SOLD OUT | −702.2K | 0 | −$3M | $0 |
| COMPANIA CERVECERIAS UNIDAS | SOLD OUT | −162.0K | 0 | −$3M | $0 |
| TECHNIPFMC PLC | SOLD OUT | −163.1K | 0 | −$1M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2021
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $6M | 2 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $6M | 1 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $4M | 1 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $6M | 1 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $6M | 1 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $6M | 1 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | Under review | 1 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $438M | 2 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | Under review | 2 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | Under review | 1 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $592M | 3 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $0 | 1 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $0 | 1 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $0 | 1 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $0 | 1 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $188M | 1 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $235M | 3 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $287M | 2 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $289M | 2 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $553M | 4 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $395M | 13 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $427M | 15 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $972M | 15 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $702M | 18 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $480M | 17 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $134M | 15 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $148M | 15 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $195M | 17 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $374M | 20 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $525M | 19 | Feb 14, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.