Canadian Imperial Bank of Commerce
279 hedge funds and large institutions have $17.7B invested in Canadian Imperial Bank of Commerce in 2016 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 111 increasing their positions, 85 reducing their positions, and 20 closing their positions.
135% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 20
31% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 85
14% more funds holding in top 10
Funds holding in top 10: 22 → 25 (+3)
9% more funds holding
Funds holding: 257 → 279 (+22)
6% more capital invested
Capital invested by funds: $16.7B → $17.7B (+$1.08B)
1.07% more ownership
Funds ownership: 108.15% → 109.22% (+1.1%)
49% less call options, than puts
Call options by funds: $120M | Put options by funds: $236M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$660M |
| 2 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$91.2M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$88.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$80.2M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$57.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$442M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$275M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$81.6M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$52.6M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$42.7M |
CM Hedge Fund Activity: Q4 2016 in Review
279 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q4 2016, worth a combined $17.7B — up 6.5% from $16.7B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new CM positions and 20 closed out — a net gain of 27 holders — while 111 added to existing stakes and 85 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $660M. The largest seller was I.G. Investment Management, cutting an estimated $442M.
- 279 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q4 2016, up from 257 in Q3 2016.
- Funds reported $17.7B of Canadian Imperial Bank of Commerce stock for Q4 2016, up 6.5% quarter-over-quarter.
- 47 funds opened new Canadian Imperial Bank of Commerce positions in Q4 2016 and 20 closed out, a net change of +27 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q4 2016 was 1832 Asset Management, an estimated $660M added.
- The largest Canadian Imperial Bank of Commerce seller in Q4 2016 was I.G. Investment Management, an estimated $442M sold.
Based on aggregated 13F filings for Q4 2016.