Senvest Management LLC lowered its holdings in shares of Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) by 12.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,286,461 shares of the company’s stock after selling 184,852 shares during the period. Cresud S.A.C.I.F. y A. comprises 2.0% of Senvest Management LLC’s portfolio, making the stock its 19th largest holding. Senvest Management LLC owned approximately 2.57% of Cresud S.A.C.I.F. y A. worth $25,022,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Stelac Advisory Services LLC acquired a new position in Cresud S.A.C.I.F. y A. during the second quarter worth about $103,000. Van ECK Associates Corp raised its position in Cresud S.A.C.I.F. y A. by 46.7% during the second quarter. Van ECK Associates Corp now owns 5,554 shares of the company’s stock worth $108,000 after acquiring an additional 1,767 shares during the last quarter. Parkwood LLC raised its position in Cresud S.A.C.I.F. y A. by 18.9% during the second quarter. Parkwood LLC now owns 34,638 shares of the company’s stock worth $674,000 after acquiring an additional 5,500 shares during the last quarter. William Blair Investment Management LLC acquired a new position in Cresud S.A.C.I.F. y A. during the second quarter worth about $847,000. Finally, Renaissance Technologies LLC acquired a new position in Cresud S.A.C.I.F. y A. during the first quarter worth about $1,242,000. Institutional investors own 24.90% of the company’s stock.

Separately, BidaskClub upgraded 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.

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