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Cerence
CRNC

216 hedge funds and large institutions have $795M invested in Cerence in 2023 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 69 increasing their positions, 69 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more call options, than puts

Call options by funds: $3.5M | Put options by funds: $2.23M

3.35% more ownership

Funds ownership: 93.39% → 96.74% (+3.4%)

0% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 69

5% less funds holding

Funds holding: 227 → 216 (-11)

26% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 34

28% less capital invested

Capital invested by funds: $1.1B → $795M (-$307M)

Holders
216
Holders Change
-11
Holders Change %
-4.85%
% of All Funds
3.43%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
25
Increased
69
Reduced
69
Closed
34
Calls
$3.5M
Puts
$2.23M
Net Calls
+$1.27M
Net Calls Change
-$4.8M

Top Buyers

Rank Fund Capital Flow
1
VBA
Van Berkom & Associates
Quebec, Canada
+$29.5M
2
GACM
Global Alpha Capital Management
Quebec, Canada
+$10.1M
3
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$9.79M
4
ACB
Aristotle Capital Boston
Massachusetts
+$9.42M
5
First Trust Advisors
First Trust Advisors
Illinois
+$7.5M

Top Sellers

Rank Fund Capital Flow
1
CCPM
Cooper Creek Partners Management
New York
-$8.7M
2
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
-$8.43M
3
Marshall Wace
Marshall Wace
United Kingdom
-$6.6M
4
CM
Castleark Management
Illinois
-$6.18M
5
BlackRock
BlackRock
New York
-$4.95M
Name Holding Trade Value Shares
Change 		Change in
Stake
CFFP
176
Center for Financial Planning
Michigan
$2.83K – – –
FP
177
Financial Perspectives
Minnesota
$2.55K – – –
HL
178
HeadInvest LLC
Maine
$2.5K +$3.14K +125 New
EWA
179
EverSource Wealth Advisors
Alabama
$2.44K – – –
IPW
180
Impact Partnership Wealth
Georgia
$2.04K – – –
BAAM
181
Baker Avenue Asset Management
California
$2.02K – – –
NRG
182
Nemes Rush Group
Michigan
$1.96K -$41.8K -1,664 -95%
TWC
183
TD Waterhouse Canada
Ontario, Canada
$1.8K – – –
NSG
184
Nalls Sherbakoff Group
Tennessee
$1.43K – – –
FMII
185
Farmers & Merchants Investments Inc
Nebraska
$1.41K -$503 -20 -22%
GWSG
186
GPS Wealth Strategies Group
Colorado
$1.39K – – –
CWP
187
Concord Wealth Partners
Virginia
$1.26K – – –
WIM
188
Westside Investment Management
California
$1.26K – – –
TCM
189
TD Capital Management
Tennessee
$1.2K – – –
VWM
190
Venturi Wealth Management
Texas
$1.08K – – –
CSPIA
191
Cary Street Partners Investment Advisory
Virginia
$1.02K +$1.26K +50 New
BTI
192
Blue Trust Inc
Georgia
$1K -$75 -3 -12%
BFEC
193
Benjamin F. Edwards & Company
Missouri
$1K – – –
HFM
194
Harvest Fund Management
China
$1K – – –
AF
195
Advisornet Financial
Minnesota
$815 – – –
AWA
196
Authentikos Wealth Advisory
California
$774 +$955 +38 New
MTIC
197
Missouri Trust & Investment Company
Missouri
$693 – – –
BWM
198
Baystate Wealth Management
Massachusetts
$570 – – –
FFA
199
Fairfield Financial Advisors
Massachusetts
$509 – – –
GWS
200
Glassman Wealth Services
Virginia
$509 – – –
6 7
8
9 10

CRNC Hedge Fund Activity: Q3 2023 in Review

216 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Cerence (CRNC) for Q3 2023, worth a combined $795M — down 28% from $1.1B a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of CRNC and 25 opened new positions — a net loss of 9 holders — while 69 trimmed existing stakes and 69 added.

The largest buyer was Van Berkom & Associates, adding an estimated $29.5M. The largest seller was Cooper Creek Partners Management, cutting an estimated $8.7M.

  • 216 institutional investors held Cerence (CRNC) as of Q3 2023, down from 227 in Q2 2023.
  • Funds reported $795M of Cerence stock for Q3 2023, down 28% quarter-over-quarter.
  • 25 funds opened new Cerence positions in Q3 2023 and 34 closed out, a net change of -9 holders.
  • The largest Cerence buyer in Q3 2023 was Van Berkom & Associates, an estimated $29.5M added.
  • The largest Cerence seller in Q3 2023 was Cooper Creek Partners Management, an estimated $8.7M sold.

Based on aggregated 13F filings for Q3 2023.