Canadian Imperial Bank of Commerce
372 hedge funds and large institutions have $15.9B invested in Canadian Imperial Bank of Commerce in 2019 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 128 increasing their positions, 157 reducing their positions, and 47 closing their positions.
2.59% more ownership
Funds ownership: 94.72% → 97.31% (+2.6%)
0% more funds holding in top 10
Funds holding in top 10: 20 → 20 (0)
6% less call options, than puts
Call options by funds: $469M | Put options by funds: $500M
6% less funds holding
Funds holding: 394 → 372 (-22)
6% less capital invested
Capital invested by funds: $16.8B → $15.9B (-$939M)
18% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 157
38% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$1.34B |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$125M |
| 3 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$64.5M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$62.7M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
+$43.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$162M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$142M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$117M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$107M |
| 5 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$93.3M |
CM Hedge Fund Activity: Q2 2019 in Review
372 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q2 2019, worth a combined $15.9B — down 5.6% from $16.8B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of CM and 29 opened new positions — a net loss of 18 holders — while 157 trimmed existing stakes and 128 added.
The largest buyer was Toronto Dominion Bank, adding an estimated $1.34B. The largest seller was CIBC Asset Management, cutting an estimated $162M.
- 372 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q2 2019, down from 394 in Q1 2019.
- Funds reported $15.9B of Canadian Imperial Bank of Commerce stock for Q2 2019, down 5.6% quarter-over-quarter.
- 29 funds opened new Canadian Imperial Bank of Commerce positions in Q2 2019 and 47 closed out, a net change of -18 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q2 2019 was Toronto Dominion Bank, an estimated $1.34B added.
- The largest Canadian Imperial Bank of Commerce seller in Q2 2019 was CIBC Asset Management, an estimated $162M sold.
Based on aggregated 13F filings for Q2 2019.