Cerence
CRNC
163 hedge funds and large institutions have $260M invested in Cerence in 2024 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 45 increasing their positions, 40 reducing their positions, and 29 closing their positions.
131% more capital invested
Capital invested by funds: $113M → $260M (+$147M)
110% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $5.75M
34% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 29
13% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 40
4% more funds holding
Funds holding: 157 → 163 (+6)
2.89% less ownership
Funds ownership: 79.85% → 76.96% (-2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$4.23M |
| 2 |
D.E. Shaw & Co
New York
|
+$4.09M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$2.13M |
| 4 |
Walleye Capital
New York
|
+$1.69M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.59M |
| 2 |
ACM
American Capital Management
New York
|
-$2.16M |
| 3 |
Jane Street
New York
|
-$2.13M |
| 4 |
PA
Pinnacle Associates
New York
|
-$2.09M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$1.15M |
CRNC Hedge Fund Activity: Q4 2024 in Review
163 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Cerence (CRNC) for Q4 2024, worth a combined $260M — up 131% from $113M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new CRNC positions and 29 closed out — a net gain of 10 holders — while 45 added to existing stakes and 40 trimmed.
The largest buyer was Paradigm Capital Management Inc, adding an estimated $4.23M. The largest seller was Jacobs Levy Equity Management, exiting entirely with an estimated $2.59M sold.
- 163 institutional investors held Cerence (CRNC) as of Q4 2024, up from 157 in Q3 2024.
- Funds reported $260M of Cerence stock for Q4 2024, up 131% quarter-over-quarter.
- 39 funds opened new Cerence positions in Q4 2024 and 29 closed out, a net change of +10 holders.
- The largest Cerence buyer in Q4 2024 was Paradigm Capital Management Inc, an estimated $4.23M added.
- The largest Cerence seller in Q4 2024 was Jacobs Levy Equity Management, an estimated $2.59M sold.
Based on aggregated 13F filings for Q4 2024.