Canadian Imperial Bank of Commerce
387 hedge funds and large institutions have $20.8B invested in Canadian Imperial Bank of Commerce in 2017 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 160 increasing their positions, 100 reducing their positions, and 31 closing their positions.
97% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 31
60% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 100
16% more capital invested
Capital invested by funds: $18B → $20.8B (+$2.81B)
14% more funds holding in top 10
Funds holding in top 10: 22 → 25 (+3)
8% more funds holding
Funds holding: 359 → 387 (+28)
2.65% more ownership
Funds ownership: 93.52% → 96.17% (+2.6%)
46% less call options, than puts
Call options by funds: $282M | Put options by funds: $526M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$108M |
| 2 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$90.7M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$82.9M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$82.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$81.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$61.8M |
| 2 |
Renaissance Technologies
New York
|
-$45.6M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$36M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$31.4M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$28M |
CM Hedge Fund Activity: Q4 2017 in Review
387 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q4 2017, worth a combined $20.8B — up 16% from $18B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new CM positions and 31 closed out — a net gain of 30 holders — while 160 added to existing stakes and 100 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $108M. The largest seller was TD Asset Management, cutting an estimated $61.8M.
- 387 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q4 2017, up from 359 in Q3 2017.
- Funds reported $20.8B of Canadian Imperial Bank of Commerce stock for Q4 2017, up 16% quarter-over-quarter.
- 61 funds opened new Canadian Imperial Bank of Commerce positions in Q4 2017 and 31 closed out, a net change of +30 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q4 2017 was Deutsche Bank, an estimated $108M added.
- The largest Canadian Imperial Bank of Commerce seller in Q4 2017 was TD Asset Management, an estimated $61.8M sold.
Based on aggregated 13F filings for Q4 2017.