Canadian Imperial Bank of Commerce
390 hedge funds and large institutions have $15.8B invested in Canadian Imperial Bank of Commerce in 2018 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 118 increasing their positions, 156 reducing their positions, and 51 closing their positions.
6% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 51
0.19% more ownership
Funds ownership: 94.93% → 95.12% (+0.19%)
0% less funds holding
Funds holding: 391 → 390 (-1)
8% less funds holding in top 10
Funds holding in top 10: 25 → 23 (-2)
21% less capital invested
Capital invested by funds: $20B → $15.8B (-$4.24B)
24% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 156
29% less call options, than puts
Call options by funds: $280M | Put options by funds: $394M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$137M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
+$74.4M |
| 3 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$59.1M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$51.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$44.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$103M |
| 2 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$81.7M |
| 3 |
Two Sigma Investments
New York
|
-$80.9M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$59.7M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$31.4M |
CM Hedge Fund Activity: Q4 2018 in Review
390 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q4 2018, worth a combined $15.8B — down 21% from $20B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new CM positions and 51 closed out — a net gain of 3 holders — while 118 added to existing stakes and 156 trimmed.
The largest buyer was Causeway Capital Management, adding an estimated $137M. The largest seller was Arrowstreet Capital, cutting an estimated $103M.
- 390 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q4 2018, down from 391 in Q3 2018.
- Funds reported $15.8B of Canadian Imperial Bank of Commerce stock for Q4 2018, down 21% quarter-over-quarter.
- 54 funds opened new Canadian Imperial Bank of Commerce positions in Q4 2018 and 51 closed out, a net change of +3 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q4 2018 was Causeway Capital Management, an estimated $137M added.
- The largest Canadian Imperial Bank of Commerce seller in Q4 2018 was Arrowstreet Capital, an estimated $103M sold.
Based on aggregated 13F filings for Q4 2018.