Cerence
CRNC
158 hedge funds and large institutions have $113M invested in Cerence in 2024 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 37 increasing their positions, 51 reducing their positions, and 50 closing their positions.
6% more capital invested
Capital invested by funds: $106M → $113M (+$6.68M)
9.72% less ownership
Funds ownership: 89.61% → 79.88% (-9.7%)
15% less funds holding
Funds holding: 186 → 158 (-28)
27% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 51
50% less call options, than puts
Call options by funds: $1.28M | Put options by funds: $2.55M
52% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$2.42M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.2M |
| 3 |
Jane Street
New York
|
+$1.32M |
| 4 |
Millennium Management
New York
|
+$1.24M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$7.58M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$3.15M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.55M |
| 4 |
Citigroup
New York
|
-$1.66M |
| 5 |
MIM
Meros Investment Management
Dallas,
Texas
|
-$1.45M |
CRNC Hedge Fund Activity: Q3 2024 in Review
158 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Cerence (CRNC) for Q3 2024, worth a combined $113M — up 6.3% from $106M a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of CRNC and 24 opened new positions — a net loss of 26 holders — while 51 trimmed existing stakes and 37 added.
The largest buyer was Jacobs Levy Equity Management, opening a new position worth an estimated $2.42M. The largest seller was First Trust Advisors, exiting entirely with an estimated $7.58M sold.
- 158 institutional investors held Cerence (CRNC) as of Q3 2024, down from 186 in Q2 2024.
- Funds reported $113M of Cerence stock for Q3 2024, up 6.3% quarter-over-quarter.
- 24 funds opened new Cerence positions in Q3 2024 and 50 closed out, a net change of -26 holders.
- The largest Cerence buyer in Q3 2024 was Jacobs Levy Equity Management, an estimated $2.42M added.
- The largest Cerence seller in Q3 2024 was First Trust Advisors, an estimated $7.58M sold.
Based on aggregated 13F filings for Q3 2024.