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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
PFO
76
Pathstone Family Office
New Jersey
$444K +$529K +30,910 New
TPSF
77
Texas Permanent School Fund
Texas
$438K -$78.7K -4,593 -16%
Deutsche Bank
78
Deutsche Bank
Germany
$432K -$2.18M -127,323 -85%
CANY
79
Caxton Associates (New York)
New York
$396K -$82.4K -4,809 -18%
AIG
80
American International Group
New York
$396K -$2.9K -169 -0.8%
Neuberger Berman Group
81
Neuberger Berman Group
New York
$394K -$9.97M -582,166 -96%
Barclays
82
Barclays
United Kingdom
$386K +$132K +7,694 +59%
MIM
83
MetLife Investment Management
New Jersey
$381K – – –
GC
84
Guggenheim Capital
Illinois
$360K -$44.3K -2,588 -12%
LSERS
85
Louisiana State Employees Retirement System
Louisiana
$347K -$1.71K -100 -0.5%
RJA
86
Raymond James & Associates
Florida
$335K -$121K -7,084 -28%
AB
87
Amalgamated Bank
New York
$332K +$2.04K +119 +0.7%
QT
88
Quantbot Technologies
New York
$327K +$302K +17,633 New
Stifel Financial
89
Stifel Financial
Missouri
$318K +$111K +6,465 +61%
Cambridge Investment Research Advisors
90
Cambridge Investment Research Advisors
Iowa
$315K +$15K +874 +5%
LPL Financial
91
LPL Financial
California
$313K -$120K -7,017 -29%
Mariner
92
Mariner
Kansas
$304K +$281K +16,421 New
MSRPS
93
Maryland State Retirement & Pension System
Maryland
$298K – – –
Natixis Advisors
94
Natixis Advisors
Massachusetts
$295K +$38.2K +2,228 +16%
LA
95
Legacy Advisors
Pennsylvania
$293K +$271K +15,808 New
State of Tennessee, Department of Treasury
96
State of Tennessee, Department of Treasury
Tennessee
$291K – – –
State Board of Administration of Florida Retirement System
97
State Board of Administration of Florida Retirement System
Florida
$291K – – –
Manulife (Manufacturers Life Insurance)
98
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$287K -$480 -28 -0.2%
HSBC Holdings
99
HSBC Holdings
United Kingdom
$283K +$260K +15,187 New
VOYA Investment Management
100
VOYA Investment Management
Georgia
$277K – – –
2 3
4
5 6

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.