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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
JMPWA
151
JP Morgan Private Wealth Advisors
California
$1.02M +$42K +385 +4%
ASRS
152
Arizona State Retirement System
Arizona
$990K +$5.57K +51 +0.5%
Thrivent Financial for Lutherans
153
Thrivent Financial for Lutherans
Minnesota
$955K +$1.08M +9,934 New
LSERS
154
Louisiana State Employees Retirement System
Louisiana
$932K +$1.06M +9,700 New
KAS
155
Kestra Advisory Services
Texas
$926K -$44.6K -409 -4%
Victory Capital Management
156
Victory Capital Management
Texas
$924K -$340K -3,111 -24%
WB
157
WesBanco Bank
West Virginia
$913K +$1.04M +9,496 New
SOMRS
158
State of Michigan Retirement System
Michigan
$913K +$1.04M +9,500 New
Commonwealth Equity Services
159
Commonwealth Equity Services
Massachusetts
$896K +$6K +55 +0.6%
PNC Financial Services Group
160
PNC Financial Services Group
Pennsylvania
$861K +$40.7K +373 +4%
NL
161
NVWM LLC
Pennsylvania
$842K +$876K +8,026 +1,085%
MC
162
McMorgan & Co
California
$812K +$923K +8,452 New
EVM
163
Eaton Vance Management
Massachusetts
$799K +$10.9K +100 +1%
VAS
164
Vestmark Advisory Solutions
Massachusetts
$771K +$27.8K +255 +3%
NMERB
165
New Mexico Educational Retirement Board
New Mexico
$750K +$852K +7,800 New
SAM
166
Shell Asset Management
Netherlands
$741K -$36K -330 -4%
Allianz Asset Management
167
Allianz Asset Management
Germany
$732K -$233K -2,138 -22%
ProShare Advisors
168
ProShare Advisors
Maryland
$718K -$256K -2,344 -24%
MBT
169
Montecito Bank & Trust
California
$716K
Balyasny Asset Management
170
Balyasny Asset Management
Illinois
$695K +$790K +7,236 New
PFS
171
Prospera Financial Services
Texas
$679K -$93K -852 -11%
EGM
172
Engineers Gate Manager
New York
$675K +$767K +7,023 New
BDF
173
Balasa Dinverno & Foltz
$668K -$11.2K -103 -1%
Cambridge Investment Research Advisors
174
Cambridge Investment Research Advisors
Iowa
$637K +$256K +2,345 +55%
CGH
175
Crossmark Global Holdings
Texas
$635K +$722K +6,610 New

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.