Cresud (CRESY)

Market Cap: 453M

About: Cresud SACIF y A is engaged in agricultural business and urban properties and investment business. Under its agricultural business the company produces oilseed grains and cereals, sugar cane and meat. The Agricultural business of the company is further comprised of four reportable segments which are Agricultural production, Land transformation and Sales, Corporate and Other segments. The company participates in the real estate business in Argentina through its subsidiary IRSA. The real estate business is further comprised of five reportable segments, namely Shopping Malls, Offices, Sales and Developments, Hotels and others.

Employees: 2,706

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

11% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 18

2% more funds holding

Funds holding: 51 [Q4 2023] → 52 (+1) [Q1 2024]

0.04% less ownership

Funds ownership: 1.29% [Q4 2023] → 1.25% (-0.04%) [Q1 2024]

9% less capital invested

Capital invested by funds: $72.5M [Q4 2023] → $66M (-$6.48M) [Q1 2024]

42% less call options, than puts

Call options by funds: $544K | Put options by funds: $935K