Canadian Imperial Bank of Commerce
358 hedge funds and large institutions have $17.4B invested in Canadian Imperial Bank of Commerce in 2017 Q2 according to their latest regulatory filings, with 95 funds opening new positions, 154 increasing their positions, 74 reducing their positions, and 26 closing their positions.
265% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 26
108% more repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 74
23% more funds holding
Funds holding: 290 → 358 (+68)
8% more funds holding in top 10
Funds holding in top 10: 24 → 26 (+2)
8% less call options, than puts
Call options by funds: $214M | Put options by funds: $233M
5% less capital invested
Capital invested by funds: $18.4B → $17.4B (-$985M)
8.85% less ownership
Funds ownership: 105.93% → 97.08% (-8.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QI
QV Investors
Calgary,
Alberta, Canada
|
+$285M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$112M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$95.8M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$90.1M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$74.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$650M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$314M |
| 3 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$292M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$140M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$125M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMA
376
FNY Managed Accounts
New York
| – | -$6K | -150 | Closed |
|
|
WP
377
WealthPLAN Partners
Omaha,
Nebraska
| – | -$4.62K | -108 | Closed |
|
|
FAM
378
Fred Alger Management
New York
| – | -$5K | -106 | Closed |
|
379
Pacer Advisors
Malvern,
Pennsylvania
| – | +$81 | +2 | New |
|
|
RWA
380
Ropes Wealth Advisors
Boston,
Massachusetts
| – | +$81 | +2 | New |
|
|
SAM
381
Securian Asset Management
St Paul,
Minnesota
| – | +$81 | +2 | New |
|
382
Swiss National Bank
Zurich,
Switzerland
| – | +$81 | +2 | New |
|
|
WCBA
383
Weaver C. Barksdale & Associates
Nashville,
Tennessee
| – | +$81 | +2 | New |
|
|
MLICM
384
Metropolitan Life Insurance Company (MetLife)
New York
| – | +$242 | +6 | New |
|
385
Retirement Systems of Alabama
Montgomery,
Alabama
| – | +$242 | +6 | New |
|
CM Hedge Fund Activity: Q2 2017 in Review
358 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q2 2017, worth a combined $17.4B — down 5.4% from $18.4B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new CM positions and 26 closed out — a net gain of 69 holders — while 154 added to existing stakes and 74 trimmed.
The largest buyer was QV Investors, opening a new position worth an estimated $285M. The largest seller was Bank of Nova Scotia, cutting an estimated $650M.
- 358 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q2 2017, up from 290 in Q1 2017.
- Funds reported $17.4B of Canadian Imperial Bank of Commerce stock for Q2 2017, down 5.4% quarter-over-quarter.
- 95 funds opened new Canadian Imperial Bank of Commerce positions in Q2 2017 and 26 closed out, a net change of +69 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q2 2017 was QV Investors, an estimated $285M added.
- The largest Canadian Imperial Bank of Commerce seller in Q2 2017 was Bank of Nova Scotia, an estimated $650M sold.
Based on aggregated 13F filings for Q2 2017.