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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
JGIA
201
Jackson Grant Investment Advisers
Connecticut
$489 – – –
MCM
202
Manchester Capital Management
Vermont
$489 – – –
GWMIA
203
Global Wealth Management Investment Advisory
Florida
$469 – – –
PWMG
204
Prestige Wealth Management Group
New Jersey
$388 – – –
KFI
205
Key Financial Inc
Pennsylvania
$326 – – –
GWSA
206
Global Wealth Strategies & Associates
Colorado
$244 – – –
National Bank of Canada
207
National Bank of Canada
Quebec, Canada
$178 – – –
FWM
208
Focused Wealth Management
New York
$81 – – –
RG
209
Retirement Group
California
$81 – – –
AA
210
Addison Advisors
Vermont
$62 – – –
JWA
211
JFS Wealth Advisors
Pennsylvania
$62 – – –
MIM
212
Macroview Investment Management
Maryland
$41 +$50 +2 New
SWM
213
Sugarloaf Wealth Management
Georgia
$20 – – –
GRP
214
Global Retirement Partners
California
$19 – – –
Marshall Wace
215
Marshall Wace
United Kingdom
– -$6.6M -225,733 Closed
CM
216
Castleark Management
Illinois
– -$6.18M -211,553 Closed
RC
217
Roubaix Capital
Colorado
– -$3.43M -117,331 Closed
EGI
218
EAM Global Investors
California
– -$3.28M -112,065 Closed
Squarepoint
219
Squarepoint
New York
– -$2.59M -88,689 Closed
EI
220
EAM Investors
California
– -$2.4M -81,941 Closed
MAG
221
Millrace Asset Group
Pennsylvania
– -$2.18M -74,633 Closed
LCG
222
Lisanti Capital Growth
New York
– -$1.72M -58,935 Closed
HF
223
HRT Financial
New York
– -$1.28M -43,693 Closed
II
224
Ibex Investors
Colorado
– -$1.23M -42,000 Closed
Susquehanna International Group
225
Susquehanna International Group
Pennsylvania
– -$1.03M -40,964 Closed
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.