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Cerence
CRNC

223 hedge funds and large institutions have $667M invested in Cerence in 2022 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 61 increasing their positions, 76 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more call options, than puts

Call options by funds: $1.98M | Put options by funds: $1.29M

14% more capital invested

Capital invested by funds: $585M → $667M (+$82.5M)

3% less funds holding

Funds holding: 230 → 223 (-7)

3.09% less ownership

Funds ownership: 94.32% → 91.23% (-3.1%)

17% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 35

20% less repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 76

Holders
223
Holders Change
-7
Holders Change %
-3.04%
% of All Funds
3.58%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
29
Increased
61
Reduced
76
Closed
35
Calls
$1.98M
Puts
$1.29M
Net Calls
+$691K
Net Calls Change
-$6.03M

Top Buyers

Rank Fund Capital Flow
1
CCPM
Cooper Creek Partners Management
New York
+$13.6M
2
VBA
Van Berkom & Associates
Quebec, Canada
+$12.1M
3
Invesco
Invesco
Georgia
+$12M
4
BlackRock
BlackRock
New York
+$6.17M
5
Vanguard Group
Vanguard Group
Pennsylvania
+$4.82M

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$10.1M
2
Neuberger Berman Group
Neuberger Berman Group
New York
-$9.97M
3
PCMI
Paradigm Capital Management Inc
New York
-$8.79M
4
Wellington Management Group
Wellington Management Group
Massachusetts
-$8.37M
5
GACM
Global Alpha Capital Management
Quebec, Canada
-$7.78M
Name Holding Trade Value Shares
Change 		Change in
Stake
SSA
226
Schonfeld Strategic Advisors
New York
– -$572K -36,278 Closed
Susquehanna International Group
227
Susquehanna International Group
Pennsylvania
– -$492K -28,724 Closed
ACM
228
AlphaCrest Capital Management
New York
– -$412K -26,133 Closed
GCP
229
GSA Capital Partners
United Kingdom
– -$259K -16,472 Closed
SEI Investments
230
SEI Investments
Pennsylvania
– -$248K -15,732 Closed
Ensign Peak Advisors
231
Ensign Peak Advisors
Utah
– -$203K -12,910 Closed
Verition Fund Management
232
Verition Fund Management
Connecticut
– -$175K -11,141 Closed
CAC
233
Cowen and Company
New York
– -$1K -10,000 Closed
MOACM
234
Mutual of America Capital Management
New York
– -$123K -7,836 Closed
CM
235
Caption Management
Oklahoma
– -$79K -5,000 Closed
WAM
236
Westport Asset Management
Connecticut
– -$79K -5,000 Closed
Amundi
237
Amundi
France
– -$79K -4,832 Closed
Lazard Asset Management
238
Lazard Asset Management
New York
– -$39K -2,513 Closed
HPC
239
HM Payson & Co
Maine
– -$39K -2,500 Closed
TWA
240
TCI Wealth Advisors
Arizona
– -$7K -461 Closed
GKIM
241
GW&K Investment Management
Massachusetts
– -$7K -433 Closed
Macquarie Group
242
Macquarie Group
Australia
– -$13K -400 Closed
MAM
243
Meeder Asset Management
Ohio
– -$2K -143 Closed
GWSG
244
GPS Wealth Strategies Group
Colorado
– -$2K -109 Closed
BWS
245
BCR Wealth Strategies
Alabama
– -$2K -102 Closed
AA
246
AlphaMark Advisors
Kentucky
– -$1K -68 Closed
WT
247
Washington Trust
Rhode Island
– -$1K -37 Closed
RMC
248
Resources Management Corp
Connecticut
– -$171 -10 -33%
MFA
249
McClarren Financial Advisors
Pennsylvania
– +$34 +2 New
6 7 8 9
10

CRNC Hedge Fund Activity: Q4 2022 in Review

223 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Cerence (CRNC) for Q4 2022, worth a combined $667M — up 14% from $585M a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of CRNC and 29 opened new positions — a net loss of 6 holders — while 76 trimmed existing stakes and 61 added.

The largest buyer was Cooper Creek Partners Management, adding an estimated $13.6M. The largest seller was Goldman Sachs, cutting an estimated $10.1M.

  • 223 institutional investors held Cerence (CRNC) as of Q4 2022, down from 230 in Q3 2022.
  • Funds reported $667M of Cerence stock for Q4 2022, up 14% quarter-over-quarter.
  • 29 funds opened new Cerence positions in Q4 2022 and 35 closed out, a net change of -6 holders.
  • The largest Cerence buyer in Q4 2022 was Cooper Creek Partners Management, an estimated $13.6M added.
  • The largest Cerence seller in Q4 2022 was Goldman Sachs, an estimated $10.1M sold.

Based on aggregated 13F filings for Q4 2022.