Canadian Imperial Bank of Commerce
226 hedge funds and large institutions have $15.9B invested in Canadian Imperial Bank of Commerce in 2015 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 106 increasing their positions, 97 reducing their positions, and 32 closing their positions.
3.09% more ownership
Funds ownership: 107.05% → 110.14% (+3.1%)
9% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 97
6% more call options, than puts
Call options by funds: $173M | Put options by funds: $164M
0% more funds holding in top 10
Funds holding in top 10: 21 → 21 (0)
6% less funds holding
Funds holding: 240 → 226 (-14)
12% less capital invested
Capital invested by funds: $18.1B → $15.9B (-$2.23B)
38% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$315M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$192M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$90M |
| 4 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$75.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$63.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$165M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$88.5M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$82.3M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$40.4M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$35.9M |
CM Hedge Fund Activity: Q1 2015 in Review
226 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q1 2015, worth a combined $15.9B — down 12% from $18.1B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CM and 20 opened new positions — a net loss of 12 holders — while 97 trimmed existing stakes and 106 added.
The largest buyer was Vanguard Group, opening a new position worth an estimated $315M. The largest seller was Deutsche Bank, cutting an estimated $165M.
- 226 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q1 2015, down from 240 in Q4 2014.
- Funds reported $15.9B of Canadian Imperial Bank of Commerce stock for Q1 2015, down 12% quarter-over-quarter.
- 20 funds opened new Canadian Imperial Bank of Commerce positions in Q1 2015 and 32 closed out, a net change of -12 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q1 2015 was Vanguard Group, an estimated $315M added.
- The largest Canadian Imperial Bank of Commerce seller in Q1 2015 was Deutsche Bank, an estimated $165M sold.
Based on aggregated 13F filings for Q1 2015.