Gramercy Funds Management LLC

Q1 2014 13F-HR Holdings

Location
Greenwich, CT
Holdings as of
3/31/2014
Date filed
5/8/2014
Form type
13F-HR
Num holdings
67
Total value ($000)
$283,520
Net value change ($000)
-34,006 (-10.7%)
New positions
7
Sold out positions
13
Turnover %
10.9%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
EPI 5,442 NEW
DPG 2,316 NEW
ABERDEEN LATIN AMER EQTY FD 1,560 98.7%
KF 1,350 177.2%
CEE 1,284 85.6%
China Fund, Inc. 1,258 526.4%
FXI 985 13.4%
GF 829 63.1%
BANRO CORP 764 16.0%
IIF 692 11.7%
Top Reduces (Value $000, Stocks/ETFs)
EEM -17,155 -74.8%
VWO -8,126 -100.0%
TUR -6,758 -100.0%
Direxion Shares ETF Trust -2,921 -24.0%
NIE -2,839 -100.0%
ADX -2,274 -7.2%
THAI FUND, INC. -2,113 -20.7%
SPY -1,912 -100.0%
RVT -1,753 -6.1%
BXSY -1,635 -83.5%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type