Canadian Imperial Bank of Commerce
394 hedge funds and large institutions have $16.8B invested in Canadian Imperial Bank of Commerce in 2019 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 161 increasing their positions, 126 reducing their positions, and 40 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 126
15% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 40
7% more capital invested
Capital invested by funds: $15.8B → $16.8B (+$1.07B)
1% more funds holding
Funds holding: 390 → 394 (+4)
0.4% less ownership
Funds ownership: 95.12% → 94.72% (-0.4%)
7% less call options, than puts
Call options by funds: $308M | Put options by funds: $333M
13% less funds holding in top 10
Funds holding in top 10: 23 → 20 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$212M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$143M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$75.5M |
| 4 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$66.7M |
| 5 |
Goldman Sachs
New York
|
+$43.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$149M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$126M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$81.7M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$69.3M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$57.8M |
CM Hedge Fund Activity: Q1 2019 in Review
394 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q1 2019, worth a combined $16.8B — up 6.8% from $15.8B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new CM positions and 40 closed out — a net gain of 6 holders — while 161 added to existing stakes and 126 trimmed.
The largest buyer was Toronto Dominion Bank, adding an estimated $212M. The largest seller was Skandinaviska Enskilda Banken (SEB), exiting entirely with an estimated $149M sold.
- 394 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q1 2019, up from 390 in Q4 2018.
- Funds reported $16.8B of Canadian Imperial Bank of Commerce stock for Q1 2019, up 6.8% quarter-over-quarter.
- 46 funds opened new Canadian Imperial Bank of Commerce positions in Q1 2019 and 40 closed out, a net change of +6 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q1 2019 was Toronto Dominion Bank, an estimated $212M added.
- The largest Canadian Imperial Bank of Commerce seller in Q1 2019 was Skandinaviska Enskilda Banken (SEB), an estimated $149M sold.
Based on aggregated 13F filings for Q1 2019.