CERENCE INC CRNC
COM · Common Stock · CUSIP 156727109 · ISIN US1567271093
American multinational software company that develops artificial intelligence assistant technology primarily for automobiles
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersBurlington, MA
- Founded2019
- Websitecerence.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($189.8k this quarter). Holder counts are more reliable. Shares outstanding: 45.2m as of 2026-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $11.30. Options: 10 managers hold calls ($11.4m notional), 10 hold puts ($6.4m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 230 |
| Q4 2022 | 222 |
| Q1 2023 | 228 |
| Q2 2023 | 227 |
| Q3 2023 | 217 |
| Q4 2023 | 218 |
| Q1 2024 | 189 |
| Q2 2024 | 187 |
| Q3 2024 | 159 |
| Q4 2024 | 164 |
| Q1 2025 | 179 |
| Q2 2025 | 175 |
| Q3 2025 | 190 |
| Q4 2025 | 198 |
| Q1 2026 | 196 |
| Q2 2026 | 195 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 60 | 98 |
| Q4 2024 | 76 | 70 |
| Q1 2025 | 94 | 77 |
| Q2 2025 | 83 | 82 |
| Q3 2025 | 100 | 85 |
| Q4 2025 | 96 | 87 |
| Q1 2026 | 98 | 102 |
| Q2 2026 | 101 | 82 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $20.8m | $16.1m | 0.77 |
| Q4 2025 | $15.3m | $13.8m | 0.90 |
| Q1 2026 | $4.9m | $4.9m | 1.01 |
| Q2 2026 | $11.4m | $6.4m | 0.57 |
Biggest buyers
| BlackRock, Inc. | Added | +373.0k |
| MORGAN STANLEY | Added | +313.3k |
| GLOBEFLEX CAPITAL L P | New | +308.7k |
| AQR CAPITAL MANAGEMENT LLC | Added | +275.7k |
| GOLDMAN SACHS GROUP INC | Added | +251.7k |
| Pacer Advisors, Inc. | New | +251.3k |
| Concurrent Investment Advisors, LLC | Added | +248.2k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Added | +245.0k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +230.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +215.5k |
Biggest sellers
| MARSHALL WACE, LLP | Reduced | -500.0k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -354.0k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -318.3k |
| BANK OF AMERICA CORP /DE/ | Reduced | -295.7k |
| TUDOR INVESTMENT CORP ET AL | Reduced | -270.6k |
| Trexquant Investment LP | Reduced | -163.2k |
| D. E. Shaw & Co., Inc. | Reduced | -140.8k |
| Y-Intercept (Hong Kong) Ltd | Reduced | -137.2k |
| Balyasny Asset Management L.P. | Sold out | -115.0k |
| AMERICAN CAPITAL MANAGEMENT INC | Reduced | -111.9k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $3.6m319.0k shares |
| IMC-Chicago, LLC | Added | $1.6m144.9k shares |
| PEAK6 LLC | Added | $1.6m144.0k shares |
| JANE STREET GROUP, LLC | Added | $957.7k84.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $869.4k76.8k shares |
| GROUP ONE TRADING LLC | Added | $866.0k76.5k shares |
| SIMPLEX TRADING, LLC | Added | $735.8k65.0k shares |
| Walleye Trading LLC | Added | $682.6k60.3k shares |
| K2 PRINCIPAL FUND, L.P. | New | $226.4k20.0k shares |
| Point72 Asset Management, L.P. | Reduced | $155.1k13.7k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $2.0m176.6k shares |
| Crawford Fund Management, LLC | Reduced | $1.2m107.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.0m88.4k shares |
| IMC-Chicago, LLC | Reduced | $699.6k61.8k shares |
| GROUP ONE TRADING LLC | Added | $427.9k37.8k shares |
| Walleye Trading LLC | Added | $340.7k30.1k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $330.5k29.2k shares |
| JANE STREET GROUP, LLC | Reduced | $192.4k17.0k shares |
| Point72 Asset Management, L.P. | Reduced | $143.8k12.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $86.0k7.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| PARADIGM CAPITAL MANAGEMENT INC/NY 13G · institution +0.9 pts · filed 2026-05-15 | 5.6% |
| AMERICAN CAPITAL MANAGEMENT INC 13G · institution -1.3 pts · filed 2026-05-15 | 5.6% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 4 | $625.8k | — |
| Q1 2025 | 0 | — | 2 | $151.3k | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $51.0k | — |
| Q4 2025 | 0 | — | 5 | $4.5m | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 1 | $229.6k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-10 | Salinas Jennifer EVP Chief Admin Officer | Sold | $229.6k26.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 4.5m $51.4m | Added +373.0k |
| PARADIGM CAPITAL MANAGEMENT INC/NY 0.77% of their portfolio | 2.5m $28.4m | Added +4.7k |
| AMERICAN CAPITAL MANAGEMENT INC 1.22% of their portfolio | 2.4m $27.3m | Reduced -111.9k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.8m $20.8m | Added +32.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 1.6m $18.7m | Added +215.5k |
| No Street GP LP 1.04% of their portfolio | 1.5m $17.3m | Unchanged |
| One Fin Capital Management LP 5.66% of their portfolio | 1.4m $16.2m | Added +130.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.4m $15.9m | Added +51.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.3m $15.2m | Added +251.7k |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 1.3m $14.5m | Added +43.1k |
| STATE STREET CORP 0.00% of their portfolio | 1.2m $14.1m | Reduced -107.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.2m $13.3m | Added +86.3k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.2m $12.8m | Added +275.7k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 807.8k $9.1m | Reduced -354.0k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 777.2k $8.8m | Reduced -318.3k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 772.3k $8.7m | Added +89.8k |
| Nuveen, LLC 0.00% of their portfolio | 731.4k $8.3m | Reduced -13.7k |
| MORGAN STANLEY 0.00% of their portfolio | 716.7k $8.1m | Added +313.3k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 545.2k $6.2m | Reduced -500.0k |
| MACKENZIE FINANCIAL CORP 0.01% of their portfolio | 521.3k $5.9m | Added +10.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 388.9k $4.4m | Added +14.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 380.6k $4.3m | Added +29.9k |
| Trexquant Investment LP 0.03% of their portfolio | 371.8k $4.2m | Reduced -163.2k |
| Concurrent Investment Advisors, LLC 0.03% of their portfolio | 343.0k $3.9m | Added +248.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 315.9k $3.6m | Added +10.4k |
| GLOBEFLEX CAPITAL L P 0.45% of their portfolio | 308.7k $3.5m | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 307.0k $3.5m | Added +9.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 292.9k $3.3m | Added +102.1k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 292.1k $3.3m | Added +245.0k |
| Kovack Advisors, Inc. 0.16% of their portfolio | 284.0k $3.3m | Added +30.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 262.6k $3.0m | Added +230.7k |
| ALGERT GLOBAL LLC 0.03% of their portfolio | 260.4k $2.9m | Added +16.1k |
| Pacer Advisors, Inc. 0.01% of their portfolio | 251.3k $2.8m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 241.3k $2.7m | Added +108.8k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 214.3k $2.4m | Reduced -140.8k |
| Invesco Ltd. 0.00% of their portfolio | 210.7k $2.4m | Reduced -48.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 207.4k $2.3m | Added +63.7k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 197.4k $2.2m | New |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 194.5k $2.2m | Reduced -7.8k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 157.3k $1.8m | Added +52.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 153.4k $1.7m | Reduced -38.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 144.5k $1.6m | Added +8.5k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 143.0k $1.6m | Reduced -13.3k |
| PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio | 140.4k $1.6m | Added +26.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 134.1k $1.5m | Added +12.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 120.3k $1.3m | Reduced -7.0k |
| IMC-Chicago, LLC 0.01% of their portfolio | 104.1k $1.2m | Added +69.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 103.7k $1.2m | Reduced -295.7k |
| ACORN FINANCIAL ADVISORY SERVICES INC /ADV 0.13% of their portfolio | 88.9k $1.0m | Reduced -20.7k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio | 84.2k $953.6k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 83.9k $949.3k | Added +21.1k |
| UBS Group AG 0.00% of their portfolio | 82.1k $929.7k | Added +2.7k |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 79.6k $900.7k | Added +57.4k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 76.5k $866.3k | Added +12.4k |
| Quantinno Capital Management LP 0.00% of their portfolio | 75.1k $850.2k | Added +32.8k |
| Graham Capital Management, L.P. 0.02% of their portfolio | 72.6k $822.0k | New |
| TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio | 71.3k $806.6k | Reduced -270.6k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 71.0k $803.2k | Reduced -61.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 69.2k $783.8k | Added +9.8k |
| FMR LLC 0.00% of their portfolio | 65.9k $746.2k | Added +58.7k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 64.0k $724.1k | Added +37.5k |
| Mariner, LLC 0.00% of their portfolio | 63.3k $716.5k | Added +42.4k |
| Numerai GP LLC 0.06% of their portfolio | 62.8k $711.4k | Added +45.9k |
| Ares Systematic Credit Ltd 0.42% of their portfolio | 61.4k $695.4k | Reduced -16.2k |
| SG Americas Securities, LLC 0.00% of their portfolio | 57.3k $649.0k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 56.1k $634.8k | Added +3.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 54.9k $621.2k | Added +6.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 50.7k $320.0k | Added +11.5k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 50.1k $524.5k | Added +19.6k |
| Aquatic Capital Management LLC 0.02% of their portfolio | 44.2k $500.0k | New |
| Themes Management Co LLC 0.33% of their portfolio | 44.0k $497.6k | Reduced -4.5k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 43.9k $497.4k | Added +16.0k |
| PINNACLE ASSOCIATES LTD 0.01% of their portfolio | 43.6k $494.1k | Reduced -1.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio | 40.5k $458.5k | New |
| Creative Planning 0.00% of their portfolio | 39.9k $451.6k | Added +20.1k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 38.8k $439.0k | Added +13.7k |
| Cerity Partners LLC 0.00% of their portfolio | 35.6k $403.4k | Added +11.4k |
| State of Wyoming 0.04% of their portfolio | 35.4k $401.2k | Reduced -8.6k |
| Integrated Quantitative Investments LLC 0.06% of their portfolio | 32.6k $368.9k | Reduced -3.7k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 30.1k $340.9k | Added +26.2k |
| XTX Topco Ltd 0.00% of their portfolio | 28.7k $325.4k | Reduced -85.6k |
| Almanack Investment Partners, LLC. 0.04% of their portfolio | 26.8k $303.9k | New |
| Campbell & CO Investment Adviser LLC 0.02% of their portfolio | 26.7k $301.9k | Added +7.6k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 25.3k $286.7k | Added +2.9k |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 25.3k $286.4k | Added +22.7k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 23.9k $271.1k | Reduced -1.8k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 23.1k $261.1k | Reduced -12.1k |
| AXQ CAPITAL, LP 0.03% of their portfolio | 22.8k $258.6k | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 22.8k $258.1k | Reduced -44.2k |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 21.1k $239.0k | Added +1.4k |
| CITIGROUP INC 0.00% of their portfolio | 20.7k $234.4k | Added +18.6k |
| Caprock Group, LLC 0.00% of their portfolio | 18.5k $209.9k | New |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 17.8k $201.6k | New |
| Y-Intercept (Hong Kong) Ltd 0.00% of their portfolio | 17.2k $194.2k | Reduced -137.2k |
| Wealthcare Advisory Partners LLC 0.00% of their portfolio | 17.1k $193.4k | Reduced -425 |
| Olympiad Research LP 0.40% of their portfolio | 17.0k $193.0k | Added +4.7k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 16.4k $186.1k | Reduced -6.6k |
| Phoenix Financial Ltd. 0.00% of their portfolio | 15.3k $172.6k | New |
| LPL Financial LLC 0.00% of their portfolio | 15.1k $171.5k | Reduced -5.2k |
| Leonteq Securities AG 0.01% of their portfolio | 14.2k $160.2k | Reduced -3.1k |