Canadian Imperial Bank of Commerce
259 hedge funds and large institutions have $16.7B invested in Canadian Imperial Bank of Commerce in 2016 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 112 increasing their positions, 91 reducing their positions, and 19 closing their positions.
33% more call options, than puts
Call options by funds: $249M | Put options by funds: $187M
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
23% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 91
10% more funds holding in top 10
Funds holding in top 10: 20 → 22 (+2)
1% more funds holding
Funds holding: 256 → 259 (+3)
5% more capital invested
Capital invested by funds: $15.9B → $16.7B (+$738M)
0.61% more ownership
Funds ownership: 107.54% → 108.15% (+0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$93.3M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$67.1M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$56M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$52.5M |
| 5 |
Two Sigma Investments
New York
|
+$39.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$169M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$152M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$71.3M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$54.6M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$43.3M |
CM Hedge Fund Activity: Q3 2016 in Review
259 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q3 2016, worth a combined $16.7B — up 4.6% from $15.9B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CM positions and 19 closed out — a net gain of 6 holders — while 112 added to existing stakes and 91 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $93.3M. The largest seller was I.G. Investment Management, cutting an estimated $169M.
- 259 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q3 2016, up from 256 in Q2 2016.
- Funds reported $16.7B of Canadian Imperial Bank of Commerce stock for Q3 2016, up 4.6% quarter-over-quarter.
- 25 funds opened new Canadian Imperial Bank of Commerce positions in Q3 2016 and 19 closed out, a net change of +6 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q3 2016 was Bank of Montreal, an estimated $93.3M added.
- The largest Canadian Imperial Bank of Commerce seller in Q3 2016 was I.G. Investment Management, an estimated $169M sold.
Based on aggregated 13F filings for Q3 2016.