Qfr Capital Management adds Adecoagro SA (AGRO) to its portfolio

Adecoagro SA (AGRO) : Qfr Capital Management added new position in Adecoagro SA during the most recent quarter end. The investment management firm now holds 90,189 shares of Adecoagro SA which is valued at $914,516 , the company said in a statement filed on Aug 15, 2016 with the SEC.Adecoagro SA makes up approximately 12.85% of Qfr Capital Management’s portfolio.

Other Hedge Funds, Including , Envestnet Asset Management Inc added AGRO to its portfolio by purchasing 2,151 company shares during the most recent quarter which is valued at $21,811. Trexquant Investment Lp sold out all of its stake in AGRO during the most recent quarter. The investment firm sold 37,680 shares of AGRO which is valued $382,075.Bienville Capital Management boosted its stake in AGRO in the latest quarter, The investment management firm added 190,031 additional shares and now holds a total of 3,984,600 shares of Adecoagro SA which is valued at $40,403,844. Adecoagro SA makes up approx 10.88% of Bienville Capital Management’s portfolio. Fox Run Management L.l.c. sold out all of its stake in AGRO during the most recent quarter. The investment firm sold 12,100 shares of AGRO which is valued $131,285.

Adecoagro SA opened for trading at $10.04 and hit $10.23 on the upside on Thursday, eventually ending the session at $10.23, with a gain of 1.79% or 0.18 points. The heightened volatility saw the trading volume jump to 5,36,142 shares. Company has a market cap of $1,252 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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