Canadian Imperial Bank of Commerce
390 hedge funds and large institutions have $18.9B invested in Canadian Imperial Bank of Commerce in 2018 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 147 increasing their positions, 129 reducing their positions, and 42 closing their positions.
14% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 42
14% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 129
8% more funds holding in top 10
Funds holding in top 10: 25 → 27 (+2)
1% more funds holding
Funds holding: 387 → 390 (+3)
0.85% less ownership
Funds ownership: 96.17% → 95.32% (-0.85%)
9% less capital invested
Capital invested by funds: $20.8B → $18.9B (-$1.89B)
45% less call options, than puts
Call options by funds: $200M | Put options by funds: $362M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$520M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$71.5M |
| 3 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$64.9M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$42.1M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$40.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$198M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$89.3M |
| 3 |
Goldman Sachs
New York
|
-$83.2M |
| 4 |
HAM
Highstreet Asset Management
London,
Ontario, Canada
|
-$59M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$57.5M |
CM Hedge Fund Activity: Q1 2018 in Review
390 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q1 2018, worth a combined $18.9B — down 9.1% from $20.8B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new CM positions and 42 closed out — a net gain of 6 holders — while 147 added to existing stakes and 129 trimmed.
The largest buyer was CIBC World Market, adding an estimated $520M. The largest seller was 1832 Asset Management, cutting an estimated $198M.
- 390 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q1 2018, up from 387 in Q4 2017.
- Funds reported $18.9B of Canadian Imperial Bank of Commerce stock for Q1 2018, down 9.1% quarter-over-quarter.
- 48 funds opened new Canadian Imperial Bank of Commerce positions in Q1 2018 and 42 closed out, a net change of +6 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q1 2018 was CIBC World Market, an estimated $520M added.
- The largest Canadian Imperial Bank of Commerce seller in Q1 2018 was 1832 Asset Management, an estimated $198M sold.
Based on aggregated 13F filings for Q1 2018.