Canadian Imperial Bank of Commerce
390 hedge funds and large institutions have $16.8B invested in Canadian Imperial Bank of Commerce in 2019 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 145 increasing their positions, 129 reducing their positions, and 31 closing their positions.
110% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 31
12% more repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 129
7% more funds holding
Funds holding: 364 → 390 (+26)
1.06% more ownership
Funds ownership: 89.26% → 90.32% (+1.1%)
2% more call options, than puts
Call options by funds: $404M | Put options by funds: $397M
2% more capital invested
Capital invested by funds: $16.5B → $16.8B (+$276M)
9% less funds holding in top 10
Funds holding in top 10: 22 → 20 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$201M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$119M |
| 3 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$77.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$72.4M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$64.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$138M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$71.7M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$61.1M |
| 4 |
Two Sigma Investments
New York
|
-$52.4M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$50.9M |
CM Hedge Fund Activity: Q4 2019 in Review
390 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q4 2019, worth a combined $16.8B — up 1.7% from $16.5B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new CM positions and 31 closed out — a net gain of 34 holders — while 145 added to existing stakes and 129 trimmed.
The largest buyer was Alberta Investment Management Corp (AIMCo), adding an estimated $201M. The largest seller was Acadian Asset Management, cutting an estimated $138M.
- 390 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q4 2019, up from 364 in Q3 2019.
- Funds reported $16.8B of Canadian Imperial Bank of Commerce stock for Q4 2019, up 1.7% quarter-over-quarter.
- 65 funds opened new Canadian Imperial Bank of Commerce positions in Q4 2019 and 31 closed out, a net change of +34 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q4 2019 was Alberta Investment Management Corp (AIMCo), an estimated $201M added.
- The largest Canadian Imperial Bank of Commerce seller in Q4 2019 was Acadian Asset Management, an estimated $138M sold.
Based on aggregated 13F filings for Q4 2019.