Gramercy Funds Management LLC — 13F Holdings & Portfolio
CIK 1548836 · latest 13F-HR filed 2026-08-14
Gramercy Funds Management LLC manages $3.4M in 13F-reported U.S. long-equity assets across 1 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are MRT (100.00%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 0 new positions and exited 0; 0 existing positions rose in reported value and 1 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
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AUM
$3.4M
Long-equity book
Holdings
1
Distinct positions
Period
2026-06-30
Filed 2026-08-14
Q/Q Activity
+0 / −0 / ↑0 / ↓1
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 100%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Mar 31, 2026.
Assets Under Management
$7.42B
Discretionary
$7.42B
Employees
75
Accounts
51
Address
250 SOUTH AUSTRALIAN AVENUE
WEST PALM BEACH, FL 33401
WEST PALM BEACH, FL 33401
Phone
(203) 552-1900
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| EL-ERIAN, MOHAMED, ALY Control | CHAIR since Jul 2020 | 10–25% | Individual |
| GRAMERCY FINANCIAL GROUP LLC Control | OWNER since Jan 2010 | 50–75% | Domestic Entity |
| HUMPHREY, THOMAS, PATRICK Control | PRESIDENT since Feb 2023 | 5–10% | Individual |
| JOANNOU, ROBERT, MICHAEL Control | CO-CHIEF OPERATING OFFICER since Jan 2014 | Less than 5% | Individual |
| KOENIGSBERGER, ROBERT, SCOTT Control | CHIEF INVESTMENT OFFICER since Dec 2009 | Less than 5% | Individual |
| LANAVA, ROBERT, JOHN Control | CHIEF COMPLIANCE OFFICER since Dec 2009 | Less than 5% | Individual |
| O'MELIA, JOSHUA, MICHAEL Control | CHIEF LEGAL OFFICER since Mar 2019 | Less than 5% | Individual |
| SEAMAN, SCOTT, GUY Control | CO-CHIEF OPERATING OFFICER since Dec 2009 | Less than 5% | Individual |
| WILSON, DENNIS, MICHAEL Control | CHIEF FINANCIAL OFFICER since Jul 2021 | Less than 5% | Individual |
| GRAMERCY EM PE LLC | MEMBER since May 2018 | 5–10% | Domestic Entity |
| KUDU INVESTMENT US, LLC | MEMBER since Jun 2022 | 10–25% | Domestic Entity |
| CERRO NEGRO CAPITAL MANAGEMENT LLC Control Indirect owner via GRAMERCY FINANCIAL GROUP LLC | MEMBER since Jun 2009 | 75% or more | Domestic Entity |
| KOENIGSBERGER, ROBERT, SCOTT Control Indirect owner via CERRO NEGRO CAPITAL MANAGEMENT LLC | MANAGING MEMBER since Jun 2009 | 75% or more | Individual |
| KUDU INVESTMENT HOLDINGS, LLC Control Indirect owner via KUDU INVESTMENT US, LLC | MEMBER since Dec 2019 | 75% or more | Domestic Entity |
| KUDU INVESTMENT MANAGEMENT LLC Control Indirect owner via KUDU INVESTMENT HOLDINGS, LLC | MEMBER since Dec 2019 | 75% or more | Domestic Entity |
| SAN BERNARDINO COUNTY EMPLOYEES' RETIREMENT ASSOCIATION Control Indirect owner via GRAMERCY EM PE LLC | MANAGING MEMBER since May 2018 | 75% or more | Domestic Entity |
| SEAMAN, SCOTT, GUY Control Indirect owner via TALL OAKS CAPITAL MANAGEMENT LLC | MANAGING MEMBER since May 2018 | 75% or more | Individual |
| TALL OAKS CAPITAL MANAGEMENT LLC Control Indirect owner via GRAMERCY FINANCIAL GROUP LLC | MEMBER since May 2018 | 25–50% | Domestic Entity |
| WHITE MOUNTAINS INSURANCE GROUP, LTD. Control Indirect owner via WM HINSON (BERMUDA) LTD. | SHAREHOLDER since Oct 2020 | 75% or more | Foreign Entity |
| WM HINSON (BERMUDA) LTD. Control Indirect owner via WM INTERNATIONAL HOLDINGS LTD. | SHAREHOLDER since Jan 2023 | 75% or more | Foreign Entity |
| WM INTERNATIONAL HOLDINGS LTD. Control Indirect owner via WM REGENT LTD. | SHAREHOLDER since Oct 2020 | 75% or more | Foreign Entity |
| WM REGENT LTD. Control Indirect owner via KUDU INVESTMENT MANAGEMENT LLC | MEMBER since Oct 2020 | 75% or more | Foreign Entity |
Ownership & leadership changes · 13 filings with changes since Apr 2, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Mar 31, 2025 filing
- ChangedHUMPHREY, THOMAS, PATRICK · ownership Less than 5% → 5–10%
Mar 29, 2024 filing
- ChangedJOANNOU, ROBERT, MICHAEL · title CO-CHIEF FINANCIAL OFFICER → CO-CHIEF OPERATING OFFICER
- ChangedSEAMAN, SCOTT, GUY · title CHIEF OPERATING OFFICER → CO-CHIEF OPERATING OFFICER
- ChangedWILSON, DENNIS, MICHAEL · title CO-CHIEF FINANCIAL OFFICER → CHIEF FINANCIAL OFFICER
Mar 31, 2023 filing
- No longer listedBRIDGE HOLDINGS (BERMUDA) LTD. · SHAREHOLDER · 75% or more · indirect via WM INTERNATIONAL HOLDINGS LTD. · control person · listed since Oct 2020
- No longer listedWHITE MOUNTAINS INSURANCE GROUP, LTD. · SHAREHOLDER · 75% or more · indirect via BRIDGE HOLDINGS (BERMUDA) LTD. · control person · listed since Oct 2020
- AddedHUMPHREY, THOMAS, PATRICK · PRESIDENT · Less than 5% · control person
- AddedWHITE MOUNTAINS INSURANCE GROUP, LTD. · SHAREHOLDER · 75% or more · indirect via WM HINSON (BERMUDA) LTD. · control person
- AddedWILSON, DENNIS, MICHAEL · CO-CHIEF FINANCIAL OFFICER · Less than 5% · control person
- AddedWM HINSON (BERMUDA) LTD. · SHAREHOLDER · 75% or more · indirect via WM INTERNATIONAL HOLDINGS LTD. · control person
- ChangedJOANNOU, ROBERT, MICHAEL · title CHIEF FINANCIAL OFFICER → CO-CHIEF FINANCIAL OFFICER
Dec 2, 2022 filing
- AddedBRIDGE HOLDINGS (BERMUDA) LTD. · SHAREHOLDER · 75% or more · indirect via WM INTERNATIONAL HOLDINGS LTD. · control person
- AddedKUDU INVESTMENT HOLDINGS, LLC · MEMBER · 75% or more · indirect via KUDU INVESTMENT US, LLC · control person
- AddedKUDU INVESTMENT MANAGEMENT LLC · MEMBER · 75% or more · indirect via KUDU INVESTMENT HOLDINGS, LLC · control person
- AddedWHITE MOUNTAINS INSURANCE GROUP, LTD. · SHAREHOLDER · 75% or more · indirect via BRIDGE HOLDINGS (BERMUDA) LTD. · control person
- AddedWM INTERNATIONAL HOLDINGS LTD. · SHAREHOLDER · 75% or more · indirect via WM REGENT LTD. · control person
- AddedWM REGENT LTD. · MEMBER · 75% or more · indirect via KUDU INVESTMENT MANAGEMENT LLC · control person
- ChangedGRAMERCY EM PE LLC · ownership 10–25% → 5–10%
- ChangedGRAMERCY FINANCIAL GROUP LLC · ownership 75% or more → 50–75%
Jun 22, 2022 filing
- AddedKUDU INVESTMENT US, LLC · PARTNER · 10–25%
- ChangedKUDU INVESTMENT US, LLC · title PARTNER → MEMBER
Mar 31, 2022 filing
- AddedEL-ERIAN, MOHAMED, ALY · CHAIR · 10–25% · control person
Mar 29, 2019 filing
- No longer listedHERZBERG, DAVID, WALTER · PORTFOLIO MANAGER · Less than 5% · control person · listed since Jan 2015
- No longer listedRAUCH, ROBERT, LAWRENCE · PORTFOLIO MANAGER · Less than 5% · control person · listed since Dec 2011
- No longer listedTAYLOR, JAMES · CHIEF LEGAL OFFICER · Less than 5% · control person · listed since Mar 2010
- AddedGRAMERCY EM PE LLC · MEMBER · 10–25%
- AddedO'MELIA, JOSHUA, MICHAEL · CHIEF LEGAL OFFICER · Less than 5% · control person
- AddedSAN BERNARDINO COUNTY EMPLOYEES' RETIREMENT ASSOCIATION · MANAGING MEMBER · 75% or more · indirect via GRAMERCY EM PE LLC · control person
- AddedSEAMAN, SCOTT, GUY · MANAGING MEMBER · 75% or more · indirect via TALL OAKS CAPITAL MANAGEMENT LLC · control person
- AddedTALL OAKS CAPITAL MANAGEMENT LLC · MEMBER · 25–50% · indirect via GRAMERCY FINANCIAL GROUP LLC · control person
- ChangedCERRO NEGRO CAPITAL MANAGEMENT LLC · indirect via GRAMERCY FINANCIAL GROUP LLC: ownership 50–75% → 75% or more
Apr 23, 2018 filing
- AddedKOENIGSBERGER, ROBERT, SCOTT · MANAGING MEMBER · 75% or more · indirect via CERRO NEGRO CAPITAL MANAGEMENT LLC · control person
Mar 29, 2018 filing
- No longer listedBRITTS, DAVID, SCOTT · MEMBER · General partner, trustee or manager · indirect via CERRO NEGRO TRUST · control person · listed since Feb 2005
- No longer listedCERRO NEGRO TRUST · MEMBER · 75% or more · indirect via CERRO NEGRO CAPITAL MANAGEMENT LLC · control person · listed since Feb 2005
- No longer listedUS TRUST COMPANY OF DELAWARE · MEMBER · General partner, trustee or manager · indirect via CERRO NEGRO TRUST · control person · listed since Mar 2011
Mar 30, 2016 filing
- No longer listedCERRO NEGRO CAPITAL MANAGEMENT LLC · MEMBER · 50–75% · indirect via GRAMERCY LLC · control person · listed since Jun 2009
- AddedCERRO NEGRO CAPITAL MANAGEMENT LLC · MEMBER · 50–75% · indirect via GRAMERCY FINANCIAL GROUP LLC · control person
- AddedHERZBERG, DAVID, WALTER · PORTFOLIO MANAGER · Less than 5% · control person
Older changes (4 more filings)
Mar 31, 2015 filing
- ChangedLANAVA, ROBERT, JOHN · now a control person
- ChangedRAUCH, ROBERT, LAWRENCE · now a control person
- ChangedTAYLOR, JAMES · now a control person
Mar 31, 2014 filing
- AddedJOANNOU, ROBERT, MICHAEL · CHIEF FINANCIAL OFFICER · Less than 5% · control person
- ChangedSEAMAN, SCOTT, GUY · title CHIEF OPERATING OFFICER/CHIEF FINANCIAL OFFICER → CHIEF OPERATING OFFICER
Jul 26, 2012 filing
- No longer listedDEL VIRGINIA, JOHN · CHIEF FINANCIAL OFFICER · Less than 5% · listed since Dec 2009
- ChangedSEAMAN, SCOTT, GUY · title CHIEF OPERATING OFFICER → CHIEF OPERATING OFFICER/CHIEF FINANCIAL OFFICER
Apr 2, 2012 filing (earliest on record)
- ListedBRITTS, DAVID, SCOTT · MEMBER · General partner, trustee or manager · indirect via CERRO NEGRO TRUST · control person
- ListedCERRO NEGRO CAPITAL MANAGEMENT LLC · MEMBER · 50–75% · indirect via GRAMERCY LLC · control person
- ListedCERRO NEGRO TRUST · MEMBER · 75% or more · indirect via CERRO NEGRO CAPITAL MANAGEMENT LLC · control person
- ListedDEL VIRGINIA, JOHN · CHIEF FINANCIAL OFFICER · Less than 5%
- ListedGRAMERCY FINANCIAL GROUP LLC · OWNER · 75% or more · control person
- ListedKOENIGSBERGER, ROBERT, SCOTT · CHIEF INVESTMENT OFFICER · Less than 5% · control person
- ListedLANAVA, ROBERT, JOHN · CHIEF COMPLIANCE OFFICER · Less than 5%
- ListedRAUCH, ROBERT, LAWRENCE · PORTFOLIO MANAGER · Less than 5%
- ListedSEAMAN, SCOTT, GUY · CHIEF OPERATING OFFICER · Less than 5% · control person
- ListedTAYLOR, JAMES · CHIEF LEGAL OFFICER · Less than 5%
- ListedUS TRUST COMPANY OF DELAWARE · MEMBER · General partner, trustee or manager · indirect via CERRO NEGRO TRUST · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Gramercy Funds Management LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | MARTI TECHNOLOGIES INC | MRT | 573134103 | $3.4M | 100.00% | 2,570,413 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $3.4M | 1 | 0001493152-26-038298 |
| 2026-03-31 | 2026-05-15 | $6.1M | 2 | 0001493152-26-023726 |
| 2025-12-31 | 2026-02-17 | $5.5M | 1 | 0001493152-26-007084 |
| 2025-09-30 | 2025-11-14 | $3.7M | 1 | 0001493152-25-023412 |
Filer Information
Address
250 SOUTH AUSTRALIAN AVENUESUITE 1102
WEST PALM BEACH, FL 33401
Phone
(203) 552-1900
Filing Manager
Gramercy Funds Management LLC
West Palm Beach, FL
Signatory
Robert Lanava
Chief Compliance Officer