Canadian Imperial Bank of Commerce
382 hedge funds and large institutions have $18B invested in Canadian Imperial Bank of Commerce in 2023 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 156 increasing their positions, 109 reducing their positions, and 30 closing their positions.
93% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 30
43% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 109
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
7% more capital invested
Capital invested by funds: $16.8B → $18B (+$1.21B)
7% more funds holding
Funds holding: 358 → 382 (+24)
0.47% less ownership
Funds ownership: 45.21% → 44.75% (-0.47%)
21% less call options, than puts
Call options by funds: $562M | Put options by funds: $709M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$130M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$130M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$89.7M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$67.2M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$58.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$220M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$168M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$139M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$91.7M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$88.3M |
CM Hedge Fund Activity: Q1 2023 in Review
382 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q1 2023, worth a combined $18B — up 7.2% from $16.8B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new CM positions and 30 closed out — a net gain of 28 holders — while 156 added to existing stakes and 109 trimmed.
The largest buyer was Fidelity International, adding an estimated $130M. The largest seller was 1832 Asset Management, cutting an estimated $220M.
- 382 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q1 2023, up from 358 in Q4 2022.
- Funds reported $18B of Canadian Imperial Bank of Commerce stock for Q1 2023, up 7.2% quarter-over-quarter.
- 58 funds opened new Canadian Imperial Bank of Commerce positions in Q1 2023 and 30 closed out, a net change of +28 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q1 2023 was Fidelity International, an estimated $130M added.
- The largest Canadian Imperial Bank of Commerce seller in Q1 2023 was 1832 Asset Management, an estimated $220M sold.
Based on aggregated 13F filings for Q1 2023.