Bienville Capital Management buys $40.2 Million stake in Adecoagro SA (AGRO)

Adecoagro SA (AGRO) : Bienville Capital Management scooped up 584,184 additional shares in Adecoagro SA during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 3,794,569 shares of Adecoagro SA which is valued at $40.2 Million.Adecoagro SA makes up approximately 13.09% of Bienville Capital Management’s portfolio.

Other Hedge Funds, Including , Edmond De Rothschild Asset Management (france) sold out all of its stake in AGRO during the most recent quarter. The investment firm sold 39,570 shares of AGRO which is valued $419,046.Blackrock Institutional Trust Company N.a. boosted its stake in AGRO in the latest quarter, The investment management firm added 148,681 additional shares and now holds a total of 200,658 shares of Adecoagro SA which is valued at $2.1 Million.Global X Management Co boosted its stake in AGRO in the latest quarter, The investment management firm added 67,105 additional shares and now holds a total of 157,454 shares of Adecoagro SA which is valued at $1.7 Million. Adecoagro SA makes up approx 0.10% of Global X Management Co’s portfolio. Princeton Alpha Management Lp added AGRO to its portfolio by purchasing 45,583 company shares during the most recent quarter which is valued at $483,636. Adecoagro SA makes up approx 0.08% of Princeton Alpha Management Lp’s portfolio.State Of New Jersey Common Pension Fund D reduced its stake in AGRO by selling 2,100 shares or 11.23% in the most recent quarter. The Hedge Fund company now holds 16,600 shares of AGRO which is valued at $176,956.

Adecoagro SA opened for trading at $10.15 and hit $10.42 on the upside on Friday, eventually ending the session at $10.23, with a gain of 0.79% or 0.08 points. The heightened volatility saw the trading volume jump to 5,84,579 shares. Company has a market cap of $1,239 M.

Adecoagro S.A. is a holding company. The Company through its operating subsidiaries primarily engaged in agricultural and agro-industrial activities. The Company has three operating segments: Farming Sugar Ethanol and Energy and Land Transformation. The Company’s Farming segment is further consisted of four segments: Crops which produces a range of agricultural commodities; Rice which produces irrigated rice; Dairy which produces raw milk and All Other which consists of leasing pasture land to cattle farmers in Argentina and leasing its coffee plantation in the Rio de Janeiro farm to a third party. Its Sugar Ethanol and Energy segment consists of cultivating sugarcane which is processed in owned sugar mills transformed into ethanol sugar and electricity and marketed. Its Land Transformation segment consists of the identification and acquisition of underdeveloped and undermanaged farmland businesses and realization of value through the strategic disposition of assets.

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