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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
PI
76
PFS Investments
Georgia
$4.84M +$129K +1,183 +3%
LPL Financial
77
LPL Financial
California
$4.73M +$1.39M +12,745 +34%
Retirement Systems of Alabama
78
Retirement Systems of Alabama
Alabama
$4.73M +$5.37M +49,211 New
NCGI
79
Next Century Growth Investors
Minnesota
$4.66M -$670K -6,139 -11%
ERSOT
80
Employees Retirement System of Texas
Texas
$4.61M -$2.51M -23,000 -32%
CS
81
Credit Suisse
Switzerland
$4.53M -$1.54M -14,070 -23%
Baird Financial Group
82
Baird Financial Group
Wisconsin
$4.43M -$145K -1,329 -3%
Susquehanna International Group
83
Susquehanna International Group
Pennsylvania
$4.4M +$1.28M +11,709 +34%
MAP
84
Moody Aldrich Partners
Massachusetts
$4.39M -$2.78M -25,504 -36%
Two Sigma Investments
85
Two Sigma Investments
New York
$4.38M -$52.9K -485 -1%
Russell Investments Group
86
Russell Investments Group
United Kingdom
$4.35M -$1.15M -10,519 -19%
UBS AM
87
UBS AM
Illinois
$4.3M -$136K -1,248 -3%
ORI
88
Oak Ridge Investments
Illinois
$4.23M -$90K -824 -2%
PFM
89
Premier Fund Managers
United Kingdom
$4.22M
New York State Common Retirement Fund
90
New York State Common Retirement Fund
New York
$4.19M -$599K -5,489 -11%
Citadel Advisors
91
Citadel Advisors
Florida
$4.09M -$3.94M -36,107 -46%
Vontobel Holding
92
Vontobel Holding
Switzerland
$3.74M +$4.25M +38,928 New
SG Americas Securities
93
SG Americas Securities
New York
$3.73M +$213K +1,947 +5%
SV
94
Sturgeon Ventures
United Kingdom
$3.45M +$442K +4,053 +13%
Stifel Financial
95
Stifel Financial
Missouri
$3.41M +$445K +4,079 +13%
UBS Group
96
UBS Group
Switzerland
$3.39M -$234K -2,144 -6%
MOACM
97
Mutual of America Capital Management
New York
$3.22M +$3.66M +33,496 New
OAM
98
Oppenheimer Asset Management
New York
$3.06M -$582K -5,334 -14%
MIM
99
MetLife Investment Management
New Jersey
$3.01M +$1.91M +17,477 +126%
Comerica Bank
100
Comerica Bank
Texas
$3M +$1.73M +15,887 +101%

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.