We are live on ! Find out more
CRNC icon

Cerence
CRNC

217 hedge funds and large institutions have $761M invested in Cerence in 2023 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 57 increasing their positions, 74 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

107% more call options, than puts

Call options by funds: $2.59M | Put options by funds: $1.25M

8% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 37

0% more funds holding

Funds holding: 216 → 217 (+1)

4% less capital invested

Capital invested by funds: $795M → $761M (-$33.8M)

2.64% less ownership

Funds ownership: 96.74% → 94.1% (-2.6%)

23% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 74

Holders
217
Holders Change
+1
Holders Change %
+0.46%
% of All Funds
3.16%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
40
Increased
57
Reduced
74
Closed
37
Calls
$2.59M
Puts
$1.25M
Net Calls
+$1.34M
Net Calls Change
+$69K

Top Buyers

Rank Fund Capital Flow
1
Invesco
Invesco
Georgia
+$21.6M
2
VBA
Van Berkom & Associates
Quebec, Canada
+$14.2M
3
Morgan Stanley
Morgan Stanley
New York
+$13.7M
4
Millennium Management
Millennium Management
New York
+$6.46M
5
PCMI
Paradigm Capital Management Inc
New York
+$5.47M

Top Sellers

Rank Fund Capital Flow
1
TI
Trigran Investments
Illinois
-$21.8M
2
OAM
Ophir Asset Management
Australia
-$16.2M
3
CS
Candriam SCA
Luxembourg
-$13.6M
4
CCPM
Cooper Creek Partners Management
New York
-$13.6M
5
Ameriprise
Ameriprise
Minnesota
-$12.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
Principal Financial Group
26
Principal Financial Group
Iowa
$4.13M -$122K -7,046 -3%
JP Morgan Chase
27
JP Morgan Chase
New York
$3.65M +$1.56M +89,961 +94%
Citadel Advisors
28
Citadel Advisors
Florida
$3M +$1.97M +113,131 +285%
Connor, Clark & Lunn Investment Management (CC&L)
29
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.96M +$48.3K +2,778 +2%
Allianz Asset Management
30
Allianz Asset Management
Germany
$2.72M +$799K +46,015 +50%
Voloridge Investment Management
31
Voloridge Investment Management
Florida
$2.62M -$271K -15,596 -10%
RhumbLine Advisers
32
RhumbLine Advisers
Massachusetts
$2.58M -$25.7K -1,481 -1%
CSS
33
Cubist Systematic Strategies
Connecticut
$2.53M +$2.23M +128,515 New
Citigroup
34
Citigroup
New York
$2.28M +$793K +45,639 +65%
Legal & General Group
35
Legal & General Group
United Kingdom
$2.18M -$24.1K -1,387 -1%
Bank of America
36
Bank of America
North Carolina
$1.92M +$40.5K +2,331 +2%
Fisher Asset Management
37
Fisher Asset Management
Washington
$1.88M -$60.6K -3,489 -4%
Barclays
38
Barclays
United Kingdom
$1.83M +$1.18M +67,715 +270%
Deutsche Bank
39
Deutsche Bank
Germany
$1.75M +$1.22M +70,036 +365%
Public Sector Pension Investment Board (PSP Investments)
40
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.65M +$588K +33,852 +68%
Swiss National Bank
41
Swiss National Bank
Switzerland
$1.56M -$158K -9,100 -10%
ECM
42
ExodusPoint Capital Management
New York
$1.48M +$1.31M +75,234 New
SEI Investments
43
SEI Investments
Pennsylvania
$1.46M +$137K +7,871 +12%
D.E. Shaw & Co
44
D.E. Shaw & Co
New York
$1.42M -$1.46M -83,995 -54%
UBS Group
45
UBS Group
Switzerland
$1.14M +$344K +19,796 +52%
CI
46
Cambiar Investors
Colorado
$1.14M – – –
Two Sigma Advisers
47
Two Sigma Advisers
New York
$1.12M -$2.57M -148,000 -72%
Capstone Investment Advisors
48
Capstone Investment Advisors
New York
$1.08M -$84.8K -4,883 -8%
CIC
49
Canal Insurance Company
South Carolina
$1.08M – – –
AFAS
50
Acorn Financial Advisory Services
Virginia
$1.06M +$231K +13,306 +33%
1
2
3 4 5

CRNC Hedge Fund Activity: Q4 2023 in Review

217 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Cerence (CRNC) for Q4 2023, worth a combined $761M — down 4.3% from $795M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new CRNC positions and 37 closed out — a net gain of 3 holders — while 57 added to existing stakes and 74 trimmed.

The largest buyer was Invesco, adding an estimated $21.6M. The largest seller was Trigran Investments, exiting entirely with an estimated $21.8M sold.

  • 217 institutional investors held Cerence (CRNC) as of Q4 2023, up from 216 in Q3 2023.
  • Funds reported $761M of Cerence stock for Q4 2023, down 4.3% quarter-over-quarter.
  • 40 funds opened new Cerence positions in Q4 2023 and 37 closed out, a net change of +3 holders.
  • The largest Cerence buyer in Q4 2023 was Invesco, an estimated $21.6M added.
  • The largest Cerence seller in Q4 2023 was Trigran Investments, an estimated $21.8M sold.

Based on aggregated 13F filings for Q4 2023.