Cerence Inc. (CRNC)

Highly Crowded

Held by 193 of 5,944 reporting institutions (91th percentile) — extremely crowded.

Data as of Q1 2026

Institutional Ownership

81.29%

QoQ Change

-1.54%

Total Value

$225.4B

Shares Outstanding

45.2M

Crowding AnalysisHighly Crowded

Holders193of 5,944

Avg: 68

Uncrowded91th percentileCrowded

Institutional Activity

Buy/Sell Ratio0.94x

78th percentile

104 buying111 selling

+41

New

-46

Closed

-445,831

Net shares

Holding Period Distribution

estimate

Median: 3 QAvg: 3 QHolders: 193

Ownership Concentration

Top 5: 34.1%Top 10: 52.3%

BlackRock,11.3%

AMERICAN CAPITAL MANAGEMENT6.9%

PARADIGM CAPITAL MANAGEMENT INC/NY6.8%

VANGUARD CAPITAL MANAGEMENT4.9%

No Street GP4.2%

Others (188)65.9%

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Conviction-Weighted Ownership

Median weight: 0.01%Avg weight: 0.50%Max: 2.93%High conviction (>1%): 1

BlackRock,

AMERICAN CAPITAL MANAGEMENT

PARADIGM CAPITAL MANAGEMENT INC/NY

VANGUARD CAPITAL MANAGEMENT

No Street GP

VANGUARD PORTFOLIO MANAGEMENT

STATE STREET

DIMENSIONAL FUND ADVISORS

One Fin Capital Management

FEDERATED HERMES,

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Whale Moves Timeline (8 Quarters)

Biggest dollar-value position changes among top 10 holders

NEWVANGUARD CAPITAL MANAGEMENT$11M1.8M shr

NEWVANGUARD PORTFOLIO MANAGEMENT$9M1.4M shr

NEWOne Fin Capital Management$8M1.3M shr

NEWFEDERATED HERMES$8M1.2M shr

BOUGHTPARADIGM CAPITAL MANAGEMENT INC/NY$3M481K shr

NEWMILLENNIUM MANAGEMENT$12M1.2M shr

BOUGHTCITADEL ADVISORS$5M427K shr

BOUGHTNo Street GP$4M400K shr

SOLDConnor, Clark & Lunn Investment Management$1M139K shr

BOUGHTDIMENSIONAL FUND ADVISORS$1M136K shr

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Institutional Trends (8 Quarters)

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Institutional Holders

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