Canadian Imperial Bank of Commerce
364 hedge funds and large institutions have $17.1B invested in Canadian Imperial Bank of Commerce in 2020 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 111 increasing their positions, 142 reducing their positions, and 24 closing their positions.
154% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 24
23% more call options, than puts
Call options by funds: $338M | Put options by funds: $276M
16% more capital invested
Capital invested by funds: $14.8B → $17.1B (+$2.37B)
10% more funds holding
Funds holding: 332 → 364 (+32)
1.34% more ownership
Funds ownership: 87.74% → 89.08% (+1.3%)
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
22% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 142
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$142M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$121M |
| 3 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$80.3M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$75.7M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$71.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$143M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$113M |
| 3 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$88.2M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$63.3M |
| 5 |
CAM
Cidel Asset Management
Toronto, Ontario,
Ontario, Canada
|
-$28.9M |
CM Hedge Fund Activity: Q4 2020 in Review
364 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q4 2020, worth a combined $17.1B — up 16% from $14.8B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new CM positions and 24 closed out — a net gain of 37 holders — while 111 added to existing stakes and 142 trimmed.
The largest buyer was Bank of Nova Scotia, adding an estimated $142M. The largest seller was Bank of Montreal, cutting an estimated $143M.
- 364 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q4 2020, up from 332 in Q3 2020.
- Funds reported $17.1B of Canadian Imperial Bank of Commerce stock for Q4 2020, up 16% quarter-over-quarter.
- 61 funds opened new Canadian Imperial Bank of Commerce positions in Q4 2020 and 24 closed out, a net change of +37 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q4 2020 was Bank of Nova Scotia, an estimated $142M added.
- The largest Canadian Imperial Bank of Commerce seller in Q4 2020 was Bank of Montreal, an estimated $143M sold.
Based on aggregated 13F filings for Q4 2020.