Gramercy Funds Management LLC

Q2 2014 13F-HR Holdings

Location
Greenwich, CT
Holdings as of
6/30/2014
Date filed
8/11/2014
Form type
13F-HR
Num holdings
64
Total value ($000)
$270,711
Net value change ($000)
-12,809 (-4.5%)
New positions
8
Sold out positions
11
Turnover %
12.2%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q1 2014
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)
DPG 3,975 171.6%
JEQ 2,544 NEW
CEE 2,210 79.4%
EZA 1,560 NEW
GAM 1,521 5.4%
MXE 1,511 54.5%
STEW 1,465 26.9%
BOULDER TOTAL RETURN FD INC 1,367 22.8%
RNP 1,359 NEW
TURKISH INV FD 1,290 1023.8%
Top Reduces (Value $000, Stocks/ETFs)
Direxion Shares ETF Trust -9,239 -100.0%
FXI -7,374 -88.4%
EEM -5,778 -100.0%
EPI -5,442 -100.0%
MORGAN STANLEY ASIA PAC FD I -2,825 -34.1%
ZWEIG FD -2,001 -100.0%
JAPAN EQUITY FD INC COM -1,422 -100.0%
IFN -1,115 -100.0%
RVT -1,083 -4.0%
PETROLEUM & RES CORP -972 -5.8%
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.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type