Canadian Imperial Bank of Commerce
339 hedge funds and large institutions have $11.5B invested in Canadian Imperial Bank of Commerce in 2020 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 126 increasing their positions, 136 reducing their positions, and 73 closing their positions.
5% more call options, than puts
Call options by funds: $227M | Put options by funds: $217M
0.9% less ownership
Funds ownership: 90.32% → 89.42% (-0.9%)
7% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 136
13% less funds holding
Funds holding: 390 → 339 (-51)
31% less capital invested
Capital invested by funds: $16.8B → $11.5B (-$5.29B)
45% less funds holding in top 10
Funds holding in top 10: 20 → 11 (-9)
59% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$251M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$213M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$111M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$93M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$88.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$213M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$194M |
| 3 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$124M |
| 4 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$93.7M |
| 5 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$86.2M |
CM Hedge Fund Activity: Q1 2020 in Review
339 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q1 2020, worth a combined $11.5B — down 31% from $16.8B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of CM and 30 opened new positions — a net loss of 43 holders — while 136 trimmed existing stakes and 126 added.
The largest buyer was TD Asset Management, adding an estimated $251M. The largest seller was Alberta Investment Management Corp (AIMCo), cutting an estimated $213M.
- 339 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q1 2020, down from 390 in Q4 2019.
- Funds reported $11.5B of Canadian Imperial Bank of Commerce stock for Q1 2020, down 31% quarter-over-quarter.
- 30 funds opened new Canadian Imperial Bank of Commerce positions in Q1 2020 and 73 closed out, a net change of -43 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q1 2020 was TD Asset Management, an estimated $251M added.
- The largest Canadian Imperial Bank of Commerce seller in Q1 2020 was Alberta Investment Management Corp (AIMCo), an estimated $213M sold.
Based on aggregated 13F filings for Q1 2020.