Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cerence Inc (CRNC)

192 + Investors. Track Smart Money conviction in CRNC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
56%

Smart Money Signals — CRNC

Based on 198 hedge funds · latest filing: 2026 Q2 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
198 hedge funds hold CRNC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +14% more funds vs a year ago

fund count last 6Q
+24 new funds entered over the past year (+14% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 56% buying

112 buying89 selling
Last quarter: 112 funds bought or added vs 89 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-10 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 45 → 38 → 43 → 33. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 21% medium ■ 25% new
107 out of 198 hedge funds have held CRNC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +81% but shares only +3% — price-driven

Value
+81%
Shares
+2%
Last quarter: the total dollar value of institutional holdings rose +81%, but actual share count only changed +3%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~33 new funds/quarter

26 → 45 → 38 → 43 → 33 new funds/Q
New funds entering each quarter: 45 → 38 → 43 → 33. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 63% veterans vs 26% newcomers

■ 63% veterans ■ 11% 1-2yr ■ 26% new
Entry-cohort mix of 207 holders: 131 (63%) are 2+ year veterans, 22 entered 1–2 years ago, and 54 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
45 of 192 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in CRNC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CRNC

In 2026 Q2, 112 hedge funds were net buyers of CRNC (33 opened a new position, 79 added to an existing one), while 89 reduced or exited (56 trimmed, 33 sold completely) — a 56% buyer ratio, indicating a slight buying edge. 43% of total institutional value in CRNC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 198.

Hedge Fund Ownership: CRNC

How many hedge funds hold CRNC — quarterly history vs. share price
Quarterly hedge fund ownership of CRNC vs. share price

Market Analysis: CRNC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CRNC

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 0 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: CRNC
192 + Investors

Track Smart Money conviction in CRNC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 192 198 -3.03%
13F Shares 39M 38M 2.93%
Total Value $421M $232M 81.49%
New Positions 33 43 -10
Increased Positions 75 60 +15
Closed Positions 33 44 -11
Reduced Positions 55 65 -10
Total Calls 7 7 -
Total Puts 7 7 -
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: CRNC

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Institutional Holders (2026 Q2)

192 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CRNC. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CRNC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 One Fin Capital Management LP 5.23% 1,430,000 $16.2M
2 American Capital Management Inc 1.22% 2,407,398 $27.3M
3 No Street GP LP 1.04% 1,525,000 $17.3M
4 Paradigm Capital Management Inc/Ny 0.77% 2,511,992 $28.4M
5 Globeflex Capital L P 0.45% 308,748 $3.5M
6 Ares Systematic Credit Ltd 0.42% 61,428 $695K
7 Olympiad Research LP 0.40% 17,046 $193K
8 Themes Management Co LLC 0.33% 43,960 $498K
9 Crawford Fund Management, LLC 0.19% 107,000 $1.2M
10 Kovack Advisors, Inc. 0.16% 283,986 $3.3M
11 Acorn Financial Advisory Services Inc /Adv 0.13% 88,851 $1.0M
12 Integrated Quantitative Investments LLC 0.06% 32,588 $369K
13 Numerai GP LLC 0.06% 62,844 $711K
14 Bridgeway Capital Management, LLC 0.06% 292,100 $3.3M
15 Mosley Wealth Management 0.04% 11,608 $131K
16 State of Wyoming 0.04% 35,443 $401K
17 Almanack Investment Partners, LLC. 0.04% 26,845 $304K
18 Algert Global LLC 0.03% 260,427 $2.9M
19 Concurrent Investment Advisors, LLC 0.03% 343,020 $3.9M
20 Axq Capital, LP 0.03% 22,843 $259K
21 Trexquant Investment LP 0.02% 371,828 $4.2M
22 Federated Hermes, INC. 0.02% 1,279,897 $14.5M
23 Jump Financial, LLC 0.02% 184,667 $1.5M
24 Prelude Capital Management, LLC 0.02% 23,066 $261K
25 Aquatic Capital Management LLC 0.02% 44,172 $500K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Cerence Inc (CRNC)

What does the Smart Money Trend signal show for CRNC?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for CRNC?

Slight buying edge — 56% buying: Last quarter: 112 funds bought or added vs 89 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CRNC holders?

Elite ownership — 43% AUM from top-100 funds: 45 of 192 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in CRNC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CRNC?

54% of holders stayed for 2+ years: 107 out of 198 hedge funds have held CRNC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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