Canadian Imperial Bank of Commerce
364 hedge funds and large institutions have $16.5B invested in Canadian Imperial Bank of Commerce in 2019 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 150 increasing their positions, 107 reducing their positions, and 45 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 107
10% more funds holding in top 10
Funds holding in top 10: 20 → 22 (+2)
4% more capital invested
Capital invested by funds: $15.9B → $16.5B (+$657M)
2% less call options, than puts
Call options by funds: $588M | Put options by funds: $602M
2% less funds holding
Funds holding: 372 → 364 (-8)
8.05% less ownership
Funds ownership: 97.31% → 89.26% (-8%)
13% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$166M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$107M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$86.5M |
| 4 |
Goldman Sachs
New York
|
+$69.4M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$54.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$1.13B |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$445M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$149M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$115M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$63.5M |
CM Hedge Fund Activity: Q3 2019 in Review
364 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q3 2019, worth a combined $16.5B — up 4.1% from $15.9B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CM and 39 opened new positions — a net loss of 6 holders — while 107 trimmed existing stakes and 150 added.
The largest buyer was Bank of Montreal, adding an estimated $166M. The largest seller was Toronto Dominion Bank, cutting an estimated $1.13B.
- 364 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q3 2019, down from 372 in Q2 2019.
- Funds reported $16.5B of Canadian Imperial Bank of Commerce stock for Q3 2019, up 4.1% quarter-over-quarter.
- 39 funds opened new Canadian Imperial Bank of Commerce positions in Q3 2019 and 45 closed out, a net change of -6 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q3 2019 was Bank of Montreal, an estimated $166M added.
- The largest Canadian Imperial Bank of Commerce seller in Q3 2019 was Toronto Dominion Bank, an estimated $1.13B sold.
Based on aggregated 13F filings for Q3 2019.