Canadian Imperial Bank of Commerce
255 hedge funds and large institutions have $15.9B invested in Canadian Imperial Bank of Commerce in 2016 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 97 increasing their positions, 84 reducing their positions, and 18 closing their positions.
106% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 18
15% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 84
7% more funds holding
Funds holding: 239 → 255 (+16)
1.98% more ownership
Funds ownership: 105.55% → 107.54% (+2%)
1% less capital invested
Capital invested by funds: $16.1B → $15.9B (-$180M)
3% less call options, than puts
Call options by funds: $218M | Put options by funds: $224M
5% less funds holding in top 10
Funds holding in top 10: 21 → 20 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$192M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$154M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$105M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$72.1M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$62.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$203M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$124M |
| 3 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$100M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$46.6M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$43.7M |
CM Hedge Fund Activity: Q2 2016 in Review
255 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q2 2016, worth a combined $15.9B — down 1.1% from $16.1B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new CM positions and 18 closed out — a net gain of 19 holders — while 97 added to existing stakes and 84 trimmed.
The largest buyer was Mackenzie Financial, opening a new position worth an estimated $192M. The largest seller was Royal Bank of Canada, cutting an estimated $203M.
- 255 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q2 2016, up from 239 in Q1 2016.
- Funds reported $15.9B of Canadian Imperial Bank of Commerce stock for Q2 2016, down 1.1% quarter-over-quarter.
- 37 funds opened new Canadian Imperial Bank of Commerce positions in Q2 2016 and 18 closed out, a net change of +19 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q2 2016 was Mackenzie Financial, an estimated $192M added.
- The largest Canadian Imperial Bank of Commerce seller in Q2 2016 was Royal Bank of Canada, an estimated $203M sold.
Based on aggregated 13F filings for Q2 2016.