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Canadian Imperial Bank of Commerce

387 hedge funds and large institutions have $20.8B invested in Canadian Imperial Bank of Commerce in 2017 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 160 increasing their positions, 100 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 31

60% more repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 100

16% more capital invested

Capital invested by funds: $18B → $20.8B (+$2.81B)

14% more funds holding in top 10

Funds holding in top 10: 2225 (+3)

8% more funds holding

Funds holding: 359387 (+28)

2.65% more ownership

Funds ownership: 93.52%96.17% (+2.6%)

46% less call options, than puts

Call options by funds: $282M | Put options by funds: $526M

Holders
387
Holders Change
+28
Holders Change %
+7.8%
% of All Funds
8.78%
Holding in Top 10
25
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+13.64%
% of All Funds
0.57%
New
61
Increased
160
Reduced
100
Closed
31
Calls
$282M
Puts
$526M
Net Calls
-$244M
Net Calls Change
+$66.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Allianz Asset Management
26
Allianz Asset Management
Germany
$152M -$7.67M -168,426 -5%
IIM
27
Intact Investment Management
Quebec, Canada
$151M -$510K -11,200 -0.5%
CCM
28
Causeway Capital Management
California
$145M +$90.7M +1,992,080 +201%
GCC
29
Guardian Capital (Canada)
Ontario, Canada
$139M -$2.48M -54,572 -2%
Goldman Sachs
30
Goldman Sachs
New York
$138M +$43.2M +948,566 +51%
Skandinaviska Enskilda Banken (SEB)
31
Skandinaviska Enskilda Banken (SEB)
Sweden
$137M +$45.9M +1,008,742 +83%
SC
32
Scotia Capital
Ontario, Canada
$136M +$6.12M +134,490 +5%
Sumitomo Mitsui Trust Group
33
Sumitomo Mitsui Trust Group
Japan
$122M +$1.93M +42,302 +2%
Bank of America
34
Bank of America
North Carolina
$119M +$8.89M +195,250 +9%
SRAIM
35
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$119M -$6.11M -134,192 -5%
APG Asset Management
36
APG Asset Management
Netherlands
$100M +$1.05M +23,000 +0.9%
Invesco
37
Invesco
Georgia
$99.9M -$9.04M -198,430 -9%
Renaissance Technologies
38
Renaissance Technologies
New York
$83M -$45.6M -1,001,758 -37%
CS
39
Credit Suisse
Switzerland
$80.4M +$1.93M +42,346 +3%
Public Sector Pension Investment Board (PSP Investments)
40
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$77.8M -$15M -328,492 -17%
AIMCA
41
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$72.4M +$911K +20,000 +2%
FDCDDQ
42
Federation des caisses Desjardins du Quebec
Quebec, Canada
$72.1M +$7.99M +175,494 +14%
PAM
43
Panagora Asset Management
Massachusetts
$70.2M +$15.1M +331,564 +30%
Wells Fargo
44
Wells Fargo
California
$68.2M +$25M +549,112 +64%
Bank of New York Mellon
45
Bank of New York Mellon
New York
$67.3M +$2.36M +51,878 +4%
Morgan Stanley
46
Morgan Stanley
New York
$64M +$21.2M +466,134 +55%
Dimensional Fund Advisors
47
Dimensional Fund Advisors
Texas
$63.3M +$1.95M +42,900 +3%
CCMIC
48
Cardinal Capital Management Inc (Canada)
Manitoba, Canada
$62.7M -$2.64M -57,902 -4%
HAM
49
Highstreet Asset Management
Ontario, Canada
$62.5M +$16.9M +370,898 +41%
State of Wisconsin Investment Board
50
State of Wisconsin Investment Board
Wisconsin
$61.9M -$720K -15,806 -1%

CM Hedge Fund Activity: Q4 2017 in Review

387 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q4 2017, worth a combined $20.8B — up 16% from $18B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new CM positions and 31 closed out — a net gain of 30 holders — while 160 added to existing stakes and 100 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $108M. The largest seller was TD Asset Management, cutting an estimated $61.8M.

  • 387 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q4 2017, up from 359 in Q3 2017.
  • Funds reported $20.8B of Canadian Imperial Bank of Commerce stock for Q4 2017, up 16% quarter-over-quarter.
  • 61 funds opened new Canadian Imperial Bank of Commerce positions in Q4 2017 and 31 closed out, a net change of +30 holders.
  • The largest Canadian Imperial Bank of Commerce buyer in Q4 2017 was Deutsche Bank, an estimated $108M added.
  • The largest Canadian Imperial Bank of Commerce seller in Q4 2017 was TD Asset Management, an estimated $61.8M sold.

Based on aggregated 13F filings for Q4 2017.