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Cerence

362 hedge funds and large institutions have $3.65B invested in Cerence in 2021 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 100 increasing their positions, 118 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 41

22% more call options, than puts

Call options by funds: $47.1M | Put options by funds: $38.5M

6% more funds holding

Funds holding: 342362 (+20)

3.25% more ownership

Funds ownership: 96.88%100.13% (+3.2%)

6% less capital invested

Capital invested by funds: $3.89B → $3.65B (-$246M)

15% less repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 118

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
362
Holders Change
+20
Holders Change %
+5.85%
% of All Funds
6.34%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
64
Increased
100
Reduced
118
Closed
41
Calls
$47.1M
Puts
$38.5M
Net Calls
+$8.63M
Net Calls Change
-$41.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
26
Bank of America
North Carolina
$32.2M -$2.64M -24,137 -7%
Charles Schwab
27
Charles Schwab
California
$29.3M -$77.1K -706 -0.2%
Morgan Stanley
28
Morgan Stanley
New York
$28.4M -$4.38M -40,154 -12%
Wells Fargo
29
Wells Fargo
California
$28.2M +$272K +2,488 +0.9%
Royal Bank of Canada
30
Royal Bank of Canada
Ontario, Canada
$28M +$18.8M +171,772 +143%
Norges Bank
31
Norges Bank
Norway
$27.4M +$2.95M +27,009 +10%
RJA
32
Raymond James & Associates
Florida
$26.8M -$172K -1,576 -0.6%
Handelsbanken Fonder
33
Handelsbanken Fonder
Sweden
$26.6M -$11.1M -101,400 -27%
PCMI
34
Paradigm Capital Management Inc
New York
$26M
GIP
35
Granite Investment Partners
California
$23M -$724K -6,630 -3%
CS
36
Candriam SCA
Luxembourg
$21.9M +$5.12M +46,928 +26%
Principal Financial Group
37
Principal Financial Group
Iowa
$20.1M +$14.2M +129,900 +163%
HAM
38
Honeycomb Asset Management
New York
$19.5M +$355K +3,252 +2%
RIM
39
Ranger Investment Management
Texas
$19.5M -$6.47M -59,295 -23%
JP Morgan Chase
40
JP Morgan Chase
New York
$18.3M -$5.42M -49,615 -21%
Canada Life
41
Canada Life
Manitoba, Canada
$15.2M +$885K +8,109 +5%
GACM
42
Global Alpha Capital Management
Quebec, Canada
$14.7M -$4.54M -41,600 -21%
Fuller & Thaler Asset Management
43
Fuller & Thaler Asset Management
California
$13.3M -$622K -5,695 -4%
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$12.9M -$484K -4,430 -3%
N
45
Nuveen
North Carolina
$12.8M -$780K -7,145 -5%
HI
46
Handelsinvest Investeringsforvaltning
Denmark
$11.5M -$1.09M -10,000 -8%
Deutsche Bank
47
Deutsche Bank
Germany
$11.3M +$7.45M +68,281 +139%
OCM
48
Osterweis Capital Management
California
$11.1M -$292K -2,675 -2%
MCM
49
McRae Capital Management
New Jersey
$10.9M -$31.3K -287 -0.3%
Voloridge Investment Management
50
Voloridge Investment Management
Florida
$10.7M -$3.38M -31,003 -22%

CRNC Hedge Fund Activity: Q3 2021 in Review

362 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Cerence (CRNC) for Q3 2021, worth a combined $3.65B — down 6.3% from $3.89B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new CRNC positions and 41 closed out — a net gain of 23 holders — while 100 added to existing stakes and 118 trimmed.

The largest buyer was BlackRock, adding an estimated $148M. The largest seller was Fred Alger Management, cutting an estimated $49.6M.

  • 362 institutional investors held Cerence (CRNC) as of Q3 2021, up from 342 in Q2 2021.
  • Funds reported $3.65B of Cerence stock for Q3 2021, down 6.3% quarter-over-quarter.
  • 64 funds opened new Cerence positions in Q3 2021 and 41 closed out, a net change of +23 holders.
  • The largest Cerence buyer in Q3 2021 was BlackRock, an estimated $148M added.
  • The largest Cerence seller in Q3 2021 was Fred Alger Management, an estimated $49.6M sold.

Based on aggregated 13F filings for Q3 2021.