National Bank of Canada’s Canadian Imperial Bank of Commerce CM Stock Holding History

National Bank of Canada’s Portfolio CM Stock Details CM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.23B	Sell	12,952,062 -637,764	-5%	-$61M	1.1%	16
2025 Q4	$1.23B	Sell	13,589,826 -343,774	-2%	-$29.5M	1.12%	15
2025 Q3	$1.11B	Sell	13,933,600 -552,739	-4%	-$41.6M	1.11%	14
2025 Q2	$1.03B	Sell	14,486,339 -2,445,872	-14%	-$157M	0.98%	16
2025 Q1	$951M	Buy	16,932,211 +2,835,960	+20%	+$171M	1%	16
2024 Q4	$893M	Buy	14,096,251 +2,780,278	+25%	+$177M	0.95%	17
2024 Q3	$694M	Sell	11,315,973 -7,024,896	-38%	-$380M	0.79%	20
2024 Q2	$867M	Buy	18,340,869 +3,874,580	+27%	+$188M	1.18%	12
2024 Q1	$714M	Buy	14,466,289 +1,599,349	+12%	+$75.5M	1.09%	13
2023 Q4	$616M	Sell	12,866,940 -3,059,838	-19%	-$122M	0.98%	18
2023 Q3	$599M	Buy	15,926,778 +230,044	+1%	+$9.5M	0.91%	17
2023 Q2	$670M	Buy	15,696,734 +1,307,942	+9%	+$55.3M	1.23%	12
2023 Q1	$610M	Sell	14,388,792 -185,443	-1%	-$8.14M	1.5%	14
2022 Q4	$589M	Buy	14,574,235 +12,474,796	+594%	+$550M	1.5%	11
2022 Q3	$91.8M	Buy	2,099,439 +25,987	+1%	+$1.27M	0.49%	43
2022 Q2	$99.5M	Buy	2,073,452 +116,004	+6%	+$6.32M	0.45%	48
2022 Q1	$119M	Buy	1,957,448 +95,522	+5%	+$6.03M	0.35%	62
2021 Q4	$108M	Buy	+1,861,926	New	+$108M	0.37%	54

Other funds holding CM

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return

Toronto Dominion Bank Toronto, Ontario, Ontario, Canada $69.7B AUM 40.86% 1-Year Est. Return

Bank of Nova Scotia Toronto, Ontario, Canada $57.2B AUM 35.3% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $61.3B AUM 39.33% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

National Bank of Canada's CM Position: Q1 2026 in Review

National Bank of Canada reduced its Canadian Imperial Bank of Commerce (CM) stake by 4.7% in Q1 2026, selling an estimated $61M and leaving 12,952,062 shares worth $1.23B. The position accounts for 1.1% of the portfolio, ranked #16.

National Bank of Canada first reported a position in CM in Q4 2021 and has held it in 18 quarters since. The position peaked at $1.23B in Q4 2025. 514 funds tracked by Wall St. Rank hold CM as of Q1 2026.

National Bank of Canada held 12,952,062 shares of Canadian Imperial Bank of Commerce worth $1.23B as of Q1 2026.
National Bank of Canada sold 637,764 Canadian Imperial Bank of Commerce shares in Q1 2026, an estimated $61M.
Canadian Imperial Bank of Commerce made up 1.1% of National Bank of Canada's portfolio in Q1 2026, its #16 holding.
National Bank of Canada first reported a position in Canadian Imperial Bank of Commerce in Q4 2021 and has held it in 18 quarters since.
National Bank of Canada's Canadian Imperial Bank of Commerce position peaked at $1.23B in Q4 2025.
514 funds tracked by Wall St. Rank held Canadian Imperial Bank of Commerce as of Q1 2026.

Based on National Bank of Canada's 13F filing for Q1 2026, filed 15 May 2026.