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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
CSB
151
City State Bank
Iowa
$7K – – –
VCM
152
Versant Capital Management
Arizona
$6.12K +$5.24K +306 +1,275%
MWM
153
Mascoma Wealth Management
New Hampshire
$6.08K – – –
PFBT
154
Parkside Financial Bank & Trust
Missouri
$5.84K +$1.61K +94 +43%
Fifth Third Bancorp
155
Fifth Third Bancorp
Ohio
$5.71K +$1.47K +86 +39%
CFGS
156
Concourse Financial Group Securities
Alabama
$5.63K – – –
NFSG
157
Newbridge Financial Services Group
Florida
$5.63K – – –
LC
158
Lindbrook Capital
California
$5.37K +$3.25K +190 +190%
NA
159
NewEdge Advisors
Louisiana
$4.99K +$21.8K +1,272 New
KFS
160
Kelly Financial Services
Massachusetts
$4.06K – – –
Northwestern Mutual Wealth Management
161
Northwestern Mutual Wealth Management
Wisconsin
$4.02K +$308 +18 +9%
CAL
162
Capital Advisors Ltd
Ohio
$4K +$1.87K +109 +135%
TFS
163
TrustCore Financial Services
Tennessee
$3.71K – – –
First Manhattan
164
First Manhattan
New York
$3.48K – – –
CT
165
Cambridge Trust
Massachusetts
$3K – – –
Rockefeller Capital Management
166
Rockefeller Capital Management
New York
$3K – – –
CTA
167
Colonial Trust Advisors
South Carolina
$2.87K +$2.65K +155 New
SSB
168
Sandy Spring Bank
Maryland
$2.78K -$2.62K -153 -50%
FDCDDQ
169
Federation des caisses Desjardins du Quebec
Quebec, Canada
$2.65K -$376K -21,942 -99%
CWA
170
Clearview Wealth Advisors
Oregon
$2.58K -$3.1K -181 -57%
CFFP
171
Center for Financial Planning
Michigan
$2.58K – – –
FMII
172
Farmers & Merchants Investments Inc
Nebraska
$2.45K -$74.5K -4,350 -97%
FP
173
Financial Perspectives
Minnesota
$2.32K – – –
CA
174
CoreCap Advisors
Michigan
$2.26K +$2.09K +122 New
TF
175
TimeScale Financial
Massachusetts
$2.24K – – –
5 6
7
8 9

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.