Canadian Imperial Bank of Commerce
201 hedge funds and large institutions have $16.2B invested in Canadian Imperial Bank of Commerce in 2013 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 96 increasing their positions, 61 reducing their positions, and 14 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 61
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
12% more capital invested
Capital invested by funds: $14.4B → $16.2B (+$1.78B)
5% more funds holding in top 10
Funds holding in top 10: 21 → 22 (+1)
3% more funds holding
Funds holding: 195 → 201 (+6)
0.42% less ownership
Funds ownership: 103.99% → 103.58% (-0.42%)
55% less call options, than puts
Call options by funds: $96.5M | Put options by funds: $213M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$73.8M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$63.8M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$43M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$38.9M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$38.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$158M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$149M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$63.1M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$47.2M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$34.5M |
CM Hedge Fund Activity: Q3 2013 in Review
201 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q3 2013, worth a combined $16.2B — up 12% from $14.4B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CM positions and 14 closed out — a net gain of 8 holders — while 96 added to existing stakes and 61 trimmed.
The largest buyer was I.G. Investment Management, adding an estimated $73.8M. The largest seller was Royal Bank of Canada, cutting an estimated $158M.
- 201 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q3 2013, up from 195 in Q2 2013.
- Funds reported $16.2B of Canadian Imperial Bank of Commerce stock for Q3 2013, up 12% quarter-over-quarter.
- 22 funds opened new Canadian Imperial Bank of Commerce positions in Q3 2013 and 14 closed out, a net change of +8 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q3 2013 was I.G. Investment Management, an estimated $73.8M added.
- The largest Canadian Imperial Bank of Commerce seller in Q3 2013 was Royal Bank of Canada, an estimated $158M sold.
Based on aggregated 13F filings for Q3 2013.