Kopernik Global Investors, LLC Reports 6.38% Stake in Cresud Inc. (CRESY)

On June 18, 2026, Kopernik Global Investors, LLC and its controlling member David B. Iben filed a Schedule 13G disclosing a 6.38% ownership stake in Cresud Inc. (CRESY). The reporting persons beneficially own 4,523,081 American Depositary Shares (ADS), where each ADS represents ten shares of Common Stock. This filing marks a significant increase from a previous reported position of zero, establishing the firm as a major shareholder. The shares are held by various investment advisory clients, including registered investment companies and separately managed accounts, though no single client owns more than 5%. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The reported ownership percentage is based on 709,308,309 common shares outstanding as of March 31, 2026. This joint filing includes a power of attorney and a joint filing agreement between the reporting parties.