Canadian Imperial Bank of Commerce
389 hedge funds and large institutions have $19.5B invested in Canadian Imperial Bank of Commerce in 2021 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 121 increasing their positions, 152 reducing their positions, and 27 closing their positions.
111% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 27
53% more call options, than puts
Call options by funds: $335M | Put options by funds: $219M
14% more capital invested
Capital invested by funds: $17.1B → $19.5B (+$2.34B)
7% more funds holding
Funds holding: 364 → 389 (+25)
0.81% less ownership
Funds ownership: 89.08% → 88.27% (-0.81%)
6% less funds holding in top 10
Funds holding in top 10: 17 → 16 (-1)
20% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 152
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$238M |
| 2 |
Goldman Sachs
New York
|
+$178M |
| 3 |
D.E. Shaw & Co
New York
|
+$69.1M |
| 4 |
MSC
MUFG Securities (Canada)
New York
|
+$66.6M |
| 5 |
Man Group
London,
United Kingdom
|
+$66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$287M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$260M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$179M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$96.9M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$87.2M |
CM Hedge Fund Activity: Q1 2021 in Review
389 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q1 2021, worth a combined $19.5B — up 14% from $17.1B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new CM positions and 27 closed out — a net gain of 30 holders — while 121 added to existing stakes and 152 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $238M. The largest seller was Canada Life, cutting an estimated $287M.
- 389 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q1 2021, up from 364 in Q4 2020.
- Funds reported $19.5B of Canadian Imperial Bank of Commerce stock for Q1 2021, up 14% quarter-over-quarter.
- 57 funds opened new Canadian Imperial Bank of Commerce positions in Q1 2021 and 27 closed out, a net change of +30 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q1 2021 was Mackenzie Financial, an estimated $238M added.
- The largest Canadian Imperial Bank of Commerce seller in Q1 2021 was Canada Life, an estimated $287M sold.
Based on aggregated 13F filings for Q1 2021.