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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
BCI
101
Brinker Capital Investments
Pennsylvania
$2.95M
NG
102
NWK Group
California
$2.91M +$17.4K +159 +0.5%
T. Rowe Price Associates
103
T. Rowe Price Associates
Maryland
$2.91M +$144K +1,317 +5%
SPIA
104
Steward Partners Investment Advisory
New York
$2.85M +$66.9K +613 +2%
LCG
105
Lisanti Capital Growth
New York
$2.77M +$3.15M +28,865 New
N
106
Natixis
France
$2.77M -$228K -2,089 -7%
TPSF
107
Texas Permanent School Fund
Texas
$2.7M +$3.07M +28,114 New
AB
108
Amalgamated Bank
New York
$2.59M +$2.16M +19,795 +277%
KCM
109
Kornitzer Capital Management
Kansas
$2.58M -$251K -2,300 -8%
ZIM
110
Zacks Investment Management
Illinois
$2.54M +$74.7K +684 +3%
PSUF
111
People's United Financial
Connecticut
$2.46M -$30.2K -277 -1%
CIC
112
Canal Insurance Company
South Carolina
$2.42M
SFI
113
Susquehanna Fundamental Investments
Pennsylvania
$2.41M +$2.74M +25,100 New
DADC
114
D.A. Davidson & Co
Montana
$2.41M -$123K -1,129 -4%
Ensign Peak Advisors
115
Ensign Peak Advisors
Utah
$2.4M +$2.73M +25,000 New
HWM
116
Hohimer Wealth Management
Washington
$2.39M -$57.5K -527 -2%
State of New Jersey Common Pension Fund D
117
State of New Jersey Common Pension Fund D
New Jersey
$2.33M -$564K -5,165 -18%
GAM
118
Gotham Asset Management
New York
$2.28M +$2.06M +18,877 +393%
AA
119
ALPS Advisors
Colorado
$2.24M +$2.54M +23,300 New
FM
120
Freemont Management
Switzerland
$2.13M +$2.42M +22,200 New
AQR Capital Management
121
AQR Capital Management
Connecticut
$2.13M -$418K -3,825 -15%
HighTower Advisors
122
HighTower Advisors
Illinois
$2.13M +$665K +6,087 +38%
AP
123
AtonRa Partners
Switzerland
$2.09M +$84.1K +770 +4%
TFIPS
124
Towarzystwo Funduszy Inwestycyjnych PZU SA
$1.87M
Natixis Advisors
125
Natixis Advisors
Massachusetts
$1.84M +$475K +4,353 +29%

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.