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Canadian Imperial Bank of Commerce

358 hedge funds and large institutions have $16.8B invested in Canadian Imperial Bank of Commerce in 2022 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 114 increasing their positions, 139 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more capital invested

Capital invested by funds: $16.4B → $16.8B (+$433M)

0.85% less ownership

Funds ownership: 46.06%45.21% (-0.85%)

4% less funds holding

Funds holding: 371358 (-13)

17% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 48

18% less repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 139

18% less funds holding in top 10

Funds holding in top 10: 119 (-2)

29% less call options, than puts

Call options by funds: $507M | Put options by funds: $713M

Holders
358
Holders Change
-13
Holders Change %
-3.5%
% of All Funds
5.75%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.14%
New
40
Increased
114
Reduced
139
Closed
48
Calls
$507M
Puts
$713M
Net Calls
-$206M
Net Calls Change
-$43.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$2.77B -$311M -7,052,437 -9%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$2.12B +$64.6M +1,464,708 +3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.31B +$32.3M +733,149 +2%
Bank of Nova Scotia
4
Bank of Nova Scotia
Ontario, Canada
$1.19B +$88.3M +2,001,966 +7%
Toronto Dominion Bank
5
Toronto Dominion Bank
Ontario, Canada
$975M +$12.3M +279,933 +1%
TD Asset Management
6
TD Asset Management
Ontario, Canada
$869M -$15.1M -343,507 -2%
Capital World Investors
7
Capital World Investors
California
$803M +$154M +3,481,462 +21%
National Bank of Canada
8
National Bank of Canada
Quebec, Canada
$589M +$550M +12,474,796 +594%
CIBC World Market
9
CIBC World Market
Ontario, Canada
$561M +$22.4M +506,942 +4%
Mackenzie Financial
10
Mackenzie Financial
Ontario, Canada
$392M -$14.8M -336,470 -3%
1832 Asset Management
11
1832 Asset Management
Ontario, Canada
$367M -$34.4M -779,451 -8%
CIBC Asset Management
12
CIBC Asset Management
Ontario, Canada
$359M -$9.04M -205,031 -2%
Norges Bank
13
Norges Bank
Norway
$305M -$94.4M -2,140,108 -22%
Canada Pension Plan Investment Board
14
Canada Pension Plan Investment Board
Ontario, Canada
$206M -$9.68M -219,600 -4%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
15
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$205M +$57.9M +1,312,000 +35%
Legal & General Group
16
Legal & General Group
United Kingdom
$204M -$16.5M -373,815 -7%
Connor, Clark & Lunn Investment Management (CC&L)
17
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$201M -$25.7M -582,537 -10%
Deutsche Bank
18
Deutsche Bank
Germany
$200M +$2.8M +63,589 +1%
JP Morgan Chase
19
JP Morgan Chase
New York
$193M -$165K -3,740 -0.1%
TWC
20
TD Waterhouse Canada
Ontario, Canada
$185M -$22.4M -508,567 -13%
SC
21
Scotia Capital
Ontario, Canada
$162M +$9.99M +226,554 +6%
Bank of America
22
Bank of America
North Carolina
$142M -$277M -6,276,534 -64%
Amundi
23
Amundi
France
$136M -$5.35M -121,399 -4%
BCIM
24
British Columbia Investment Management
British Columbia, Canada
$118M -$9.49M -215,094 -7%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$118M -$457K -10,353 -0.4%

CM Hedge Fund Activity: Q4 2022 in Review

358 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q4 2022, worth a combined $16.8B — up 2.6% from $16.4B a quarter earlier.

Sellers outnumbered buyers: 48 funds closed out of CM and 40 opened new positions — a net loss of 8 holders — while 139 trimmed existing stakes and 114 added.

The largest buyer was National Bank of Canada, adding an estimated $550M. The largest seller was Royal Bank of Canada, cutting an estimated $311M.

  • 358 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q4 2022, down from 371 in Q3 2022.
  • Funds reported $16.8B of Canadian Imperial Bank of Commerce stock for Q4 2022, up 2.6% quarter-over-quarter.
  • 40 funds opened new Canadian Imperial Bank of Commerce positions in Q4 2022 and 48 closed out, a net change of -8 holders.
  • The largest Canadian Imperial Bank of Commerce buyer in Q4 2022 was National Bank of Canada, an estimated $550M added.
  • The largest Canadian Imperial Bank of Commerce seller in Q4 2022 was Royal Bank of Canada, an estimated $311M sold.

Based on aggregated 13F filings for Q4 2022.