Newfoundland Capital Management boosted its position in shares of Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) by 45.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,990,970 shares of the company’s stock after buying an additional 620,690 shares during the period. Cresud S.A.C.I.F. y A. makes up approximately 15.4% of Newfoundland Capital Management’s portfolio, making the stock its largest position. Newfoundland Capital Management owned 3.98% of Cresud S.A.C.I.F. y A. worth $38,725,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Tricadia Capital Management LLC increased its stake in shares of Cresud S.A.C.I.F. y A. by 10.3% in the first quarter. Tricadia Capital Management LLC now owns 131,112 shares of the company’s stock worth $2,631,000 after buying an additional 12,200 shares in the last quarter. Opera Trading Capital purchased a new stake in shares of Cresud S.A.C.I.F. y A. during the second quarter worth approximately $1,273,000. Parametric Portfolio Associates LLC increased its stake in shares of Cresud S.A.C.I.F. y A. by 39.2% in the first quarter. Parametric Portfolio Associates LLC now owns 171,063 shares of the company’s stock worth $3,433,000 after buying an additional 48,169 shares in the last quarter. Dorsey Wright & Associates increased its stake in shares of Cresud S.A.C.I.F. y A. by 44.2% in the first quarter. Dorsey Wright & Associates now owns 89,183 shares of the company’s stock worth $1,790,000 after buying an additional 27,347 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in shares of Cresud S.A.C.I.F. y A. during the first quarter worth approximately $1,242,000. 24.90% of the stock is currently owned by institutional investors.

Cresud S.A.C.I.F. y A. (NASDAQ CRESY) opened at 18.88 on Monday. Cresud S.A.C.I.F. y A. has a 52-week low of $13.59 and a 52-week high of $22.28.

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Separately, BidaskClub raised shares of Cresud S.A.C.I.F. y A. from a “sell” rating to a “hold” rating in a research report on Friday, July 14th.

Cresud S.A.C.I.F. y A. Company Profile

Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria is an agricultural company engaged in the production of basic agricultural commodities with presence in the agricultural sector of Brazil, through its investment in Brasilagro, as well as in other Latin American countries. In addition, the Company leases lands to third parties and perform agency and agro-industrial services, including a meat packing plant.

Institutional Ownership by Quarter for Cresud S.A.C.I.F. y A. (NASDAQ:CRESY)

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