Canadian Imperial Bank of Commerce
240 hedge funds and large institutions have $16.1B invested in Canadian Imperial Bank of Commerce in 2016 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 91 increasing their positions, 90 reducing their positions, and 25 closing their positions.
38% more call options, than puts
Call options by funds: $213M | Put options by funds: $155M
14% more capital invested
Capital invested by funds: $14.1B → $16.1B (+$1.94B)
12% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 25
1% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 90
0% more funds holding
Funds holding: 239 → 240 (+1)
1.88% less ownership
Funds ownership: 107.44% → 105.55% (-1.9%)
13% less funds holding in top 10
Funds holding in top 10: 24 → 21 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$147M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$73.5M |
| 3 |
Goldman Sachs
New York
|
+$41M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$33.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$32.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$206M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$74.4M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$56.2M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$50.4M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$43.9M |
CM Hedge Fund Activity: Q1 2016 in Review
240 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q1 2016, worth a combined $16.1B — up 14% from $14.1B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new CM positions and 25 closed out — a net gain of 3 holders — while 91 added to existing stakes and 90 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $147M. The largest seller was Mackenzie Financial, exiting entirely with an estimated $206M sold.
- 240 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q1 2016, up from 239 in Q4 2015.
- Funds reported $16.1B of Canadian Imperial Bank of Commerce stock for Q1 2016, up 14% quarter-over-quarter.
- 28 funds opened new Canadian Imperial Bank of Commerce positions in Q1 2016 and 25 closed out, a net change of +3 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q1 2016 was 1832 Asset Management, an estimated $147M added.
- The largest Canadian Imperial Bank of Commerce seller in Q1 2016 was Mackenzie Financial, an estimated $206M sold.
Based on aggregated 13F filings for Q1 2016.