Vault-13

CERENCE INC CRNC 3 06.01.25

NOTE 3.000% 6/0 · US DOMESTIC · CUSIP 156727AB5

11 institutional holders +1 vs Q1 2024
20,00020.0k shares reported held*
$82.1mreported value*
3 new 0 added 3 reduced 2 sold out net bought ≈ $336.0k

* 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 ($5.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4373.89.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 15Q4 22: 14Q1 23: 16Q2 23: 16Q3 23: 12Q4 23: 13Q1 24: 10Q2 24: 1111Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202215
Q4 202214
Q1 202316
Q2 202316
Q3 202312
Q4 202313
Q1 202410
Q2 202411

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q4 22: 2 bought or addedQ4 22: 7 cut or sold outQ4 22Q1 23: 10 bought or addedQ1 23: 6 cut or sold outQ2 23: 3 bought or addedQ2 23: 13 cut or sold outQ2 23Q3 23: 5 bought or addedQ3 23: 6 cut or sold outQ4 23: 6 bought or addedQ4 23: 3 cut or sold outQ4 23Q1 24: 3 bought or addedQ1 24: 4 cut or sold outQ2 24: 3 bought or addedQ2 24: 5 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202227
Q1 2023106
Q2 2023313
Q3 202356
Q4 202363
Q1 202434
Q2 202435

Biggest buyers

HIGHBRIDGE CAPITAL MANAGEMENT LLC New +13,000,000+13.0m
Fort Baker Capital Management LP New +2,500,000+2.5m
JPMORGAN CHASE & CO New +826,000+826.0k

Biggest sellers

TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -8,000,000-8.0m
LAZARD ASSET MANAGEMENT LLC Sold out -5,000,000-5.0m
KORNITZER CAPITAL MANAGEMENT INC /KS Sold out -1,610,000-1.6m
DeepCurrents Investment Group LLC Reduced -890,000-890.0k
Verition Fund Management LLC Reduced -464,000-464.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.21% of their portfolio New York, NY 27,242,00027.2m $25.3m $25.3m 0.21% Unchanged
2 DeepCurrents Investment Group LLC 0.71% of their portfolio NEW YORK, NY 18,992,00019.0m $17.7m $17.7m 0.71% Reduced -890.0k -890,000
3 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.49% of their portfolio NEW YORK, NY 13,000,00013.0m $12.1m $12.1m 0.49% New
4 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 12,300,00012.3m $11.4m $11.4m 0.00% Unchanged
5 TENOR CAPITAL MANAGEMENT Co., L.P. 0.16% of their portfolio NEW YORK, NY 10,812,00010.8m $10.2m $10.2m 0.16% Reduced -8.0m -8,000,000
6 Verition Fund Management LLC 0.04% of their portfolio GREENWICH, CT 5,803,0005.8m $5.4m $5.4m 0.04% Reduced -464.0k -464,000
7 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,563,0002.6m $2.4m $2.4m 0.00% Unchanged
8 Fort Baker Capital Management LP 0.28% of their portfolio Larkspur, CA 2,500,0002.5m $2.3m $2.3m 0.28% New
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 826,000826.0k $766.6k $766.6k 0.00% New
10 Fox Hill Wealth Management 0.01% of their portfolio DEDHAM, MA 20,00020.0k $18.5k $18.5k 0.01% Unchanged
11 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged