Canadian Imperial Bank of Commerce
231 hedge funds and large institutions have $19.2B invested in Canadian Imperial Bank of Commerce in 2014 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 94 increasing their positions, 72 reducing their positions, and 16 closing their positions.
88% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 16
31% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 72
15% more call options, than puts
Call options by funds: $217M | Put options by funds: $190M
7% more capital invested
Capital invested by funds: $17.9B → $19.2B (+$1.25B)
6% more funds holding
Funds holding: 218 → 231 (+13)
6% more funds holding in top 10
Funds holding in top 10: 18 → 19 (+1)
2.93% more ownership
Funds ownership: 105.17% → 108.11% (+2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$315M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$127M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$116M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$102M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$56.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$132M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$65.4M |
| 3 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
-$46.9M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$45.7M |
| 5 |
AI
Analytic Investors
Los Angeles,
California
|
-$43M |
CM Hedge Fund Activity: Q2 2014 in Review
231 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q2 2014, worth a combined $19.2B — up 7% from $17.9B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CM positions and 16 closed out — a net gain of 14 holders — while 94 added to existing stakes and 72 trimmed.
The largest buyer was Norges Bank, adding an estimated $315M. The largest seller was I.G. Investment Management, cutting an estimated $132M.
- 231 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q2 2014, up from 218 in Q1 2014.
- Funds reported $19.2B of Canadian Imperial Bank of Commerce stock for Q2 2014, up 7% quarter-over-quarter.
- 30 funds opened new Canadian Imperial Bank of Commerce positions in Q2 2014 and 16 closed out, a net change of +14 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q2 2014 was Norges Bank, an estimated $315M added.
- The largest Canadian Imperial Bank of Commerce seller in Q2 2014 was I.G. Investment Management, an estimated $132M sold.
Based on aggregated 13F filings for Q2 2014.