Canadian Imperial Bank of Commerce
212 hedge funds and large institutions have $17.4B invested in Canadian Imperial Bank of Commerce in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 80 increasing their positions, 76 reducing their positions, and 17 closing their positions.
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
8% more capital invested
Capital invested by funds: $16.1B → $17.4B (+$1.28B)
5% more funds holding
Funds holding: 201 → 212 (+11)
5% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 76
0.37% more ownership
Funds ownership: 103.58% → 103.94% (+0.37%)
5% less funds holding in top 10
Funds holding in top 10: 22 → 21 (-1)
50% less call options, than puts
Call options by funds: $133M | Put options by funds: $269M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$129M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$91.4M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$80.8M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$59.2M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$42.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$43.2M |
| 2 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$39.3M |
| 3 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$35.8M |
| 4 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
-$30.8M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$29.7M |
CM Hedge Fund Activity: Q4 2013 in Review
212 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q4 2013, worth a combined $17.4B — up 7.9% from $16.1B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CM positions and 17 closed out — a net gain of 12 holders — while 80 added to existing stakes and 76 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $129M. The largest seller was Royal Bank of Canada, cutting an estimated $43.2M.
- 212 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q4 2013, up from 201 in Q3 2013.
- Funds reported $17.4B of Canadian Imperial Bank of Commerce stock for Q4 2013, up 7.9% quarter-over-quarter.
- 29 funds opened new Canadian Imperial Bank of Commerce positions in Q4 2013 and 17 closed out, a net change of +12 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q4 2013 was Acadian Asset Management, an estimated $129M added.
- The largest Canadian Imperial Bank of Commerce seller in Q4 2013 was Royal Bank of Canada, an estimated $43.2M sold.
Based on aggregated 13F filings for Q4 2013.