Canadian Imperial Bank of Commerce
332 hedge funds and large institutions have $14.8B invested in Canadian Imperial Bank of Commerce in 2020 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 85 increasing their positions, 159 reducing their positions, and 31 closing their positions.
111% more funds holding in top 10
Funds holding in top 10: 9 → 19 (+10)
39% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 31
15% more capital invested
Capital invested by funds: $12.8B → $14.8B (+$1.98B)
3% more funds holding
Funds holding: 323 → 332 (+9)
1.94% more ownership
Funds ownership: 85.81% → 87.74% (+1.9%)
20% less call options, than puts
Call options by funds: $268M | Put options by funds: $336M
47% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 159
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$173M |
| 2 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$137M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$99M |
| 4 |
CCMIC
Cardinal Capital Management Inc (Canada)
Winnipeg,
Manitoba, Canada
|
+$88.4M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$64.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$160M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$139M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$91.4M |
| 4 |
Renaissance Technologies
New York
|
-$32.6M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$24M |
CM Hedge Fund Activity: Q3 2020 in Review
332 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q3 2020, worth a combined $14.8B — up 15% from $12.8B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new CM positions and 31 closed out — a net gain of 12 holders — while 85 added to existing stakes and 159 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $173M. The largest seller was TD Asset Management, cutting an estimated $160M.
- 332 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q3 2020, up from 323 in Q2 2020.
- Funds reported $14.8B of Canadian Imperial Bank of Commerce stock for Q3 2020, up 15% quarter-over-quarter.
- 43 funds opened new Canadian Imperial Bank of Commerce positions in Q3 2020 and 31 closed out, a net change of +12 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q3 2020 was Royal Bank of Canada, an estimated $173M added.
- The largest Canadian Imperial Bank of Commerce seller in Q3 2020 was TD Asset Management, an estimated $160M sold.
Based on aggregated 13F filings for Q3 2020.