Canadian Imperial Bank of Commerce
359 hedge funds and large institutions have $18B invested in Canadian Imperial Bank of Commerce in 2017 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 142 increasing their positions, 101 reducing their positions, and 54 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 101
13% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 54
3% more capital invested
Capital invested by funds: $17.4B → $18B (+$585M)
0% more funds holding
Funds holding: 358 → 359 (+1)
3.56% less ownership
Funds ownership: 97.08% → 93.52% (-3.6%)
15% less funds holding in top 10
Funds holding in top 10: 26 → 22 (-4)
59% less call options, than puts
Call options by funds: $213M | Put options by funds: $524M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$82.2M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$65.7M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$63.3M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$57.6M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$53.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$257M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$151M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$130M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$100M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$88.1M |
CM Hedge Fund Activity: Q3 2017 in Review
359 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q3 2017, worth a combined $18B — up 3.4% from $17.4B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new CM positions and 54 closed out — a net gain of 7 holders — while 142 added to existing stakes and 101 trimmed.
The largest buyer was Federated Hermes, adding an estimated $82.2M. The largest seller was Ninety One (UK), cutting an estimated $257M.
- 359 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q3 2017, up from 358 in Q2 2017.
- Funds reported $18B of Canadian Imperial Bank of Commerce stock for Q3 2017, up 3.4% quarter-over-quarter.
- 61 funds opened new Canadian Imperial Bank of Commerce positions in Q3 2017 and 54 closed out, a net change of +7 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q3 2017 was Federated Hermes, an estimated $82.2M added.
- The largest Canadian Imperial Bank of Commerce seller in Q3 2017 was Ninety One (UK), an estimated $257M sold.
Based on aggregated 13F filings for Q3 2017.