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Cerence

227 hedge funds and large institutions have $1.1B invested in Cerence in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 70 increasing their positions, 67 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more call options, than puts

Call options by funds: $11.1M | Put options by funds: $5.01M

8% more capital invested

Capital invested by funds: $1.02B → $1.1B (+$86M)

3.55% more ownership

Funds ownership: 89.84%93.39% (+3.5%)

4% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 67

0% less funds holding

Funds holding: 228227 (-1)

3% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 29

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
227
Holders Change
-1
Holders Change %
-0.44%
% of All Funds
3.56%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
28
Increased
70
Reduced
67
Closed
29
Calls
$11.1M
Puts
$5.01M
Net Calls
+$6.07M
Net Calls Change
+$6.36M
Name Holding Trade Value Shares
Change
Change in
Stake
AF
201
Advisornet Financial
Minnesota
$1.17K
CA
202
Clearstead Advisors
Ohio
$1.02K
HFM
203
Harvest Fund Management
China
$1K -$63.1K -2,302 -99%
BTI
204
Blue Trust Inc
Georgia
$1K -$658 -24 -49%
BFEC
205
Benjamin F. Edwards & Company
Missouri
$1K
MTIC
206
Missouri Trust & Investment Company
Missouri
$994
BWM
207
Baystate Wealth Management
Massachusetts
$818
FFA
208
Fairfield Financial Advisors
Massachusetts
$731
GWS
209
Glassman Wealth Services
Virginia
$731
JGIA
210
Jackson Grant Investment Advisers
Connecticut
$702
MCM
211
Manchester Capital Management
Vermont
$702
GWMIA
212
Global Wealth Management Investment Advisory
Florida
$672 +$631 +23 New
PWMG
213
Prestige Wealth Management Group
New Jersey
$556
KFI
214
Key Financial Inc
Pennsylvania
$468
GWSA
215
Global Wealth Strategies & Associates
Colorado
$351
National Bank of Canada
216
National Bank of Canada
Quebec, Canada
$263
CFO
217
CVA Family Office
Colorado
$175
CMA
218
Cedar Mountain Advisors
Oregon
$117
FWM
219
Focused Wealth Management
New York
$117
RG
220
Retirement Group
California
$117
AA
221
Addison Advisors
Vermont
$88
JWA
222
JFS Wealth Advisors
Pennsylvania
$88
GRP
223
Global Retirement Partners
California
$29
SWM
224
Sugarloaf Wealth Management
Georgia
$29
VVP
225
Vulcan Value Partners
Alabama
-$13.7M -488,634 Closed

CRNC Hedge Fund Activity: Q2 2023 in Review

227 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Cerence (CRNC) for Q2 2023, worth a combined $1.1B — up 8.5% from $1.02B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of CRNC and 28 opened new positions — a net loss of 1 holder — while 67 trimmed existing stakes and 70 added.

The largest buyer was Trigran Investments, adding an estimated $13.9M. The largest seller was Vulcan Value Partners, exiting entirely with an estimated $13.7M sold.

  • 227 institutional investors held Cerence (CRNC) as of Q2 2023, down from 228 in Q1 2023.
  • Funds reported $1.1B of Cerence stock for Q2 2023, up 8.5% quarter-over-quarter.
  • 28 funds opened new Cerence positions in Q2 2023 and 29 closed out, a net change of -1 holder.
  • The largest Cerence buyer in Q2 2023 was Trigran Investments, an estimated $13.9M added.
  • The largest Cerence seller in Q2 2023 was Vulcan Value Partners, an estimated $13.7M sold.

Based on aggregated 13F filings for Q2 2023.