Canadian Imperial Bank of Commerce
357 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, 113 increasing their positions, 139 reducing their positions, and 47 closing their positions.
1.07% less ownership
Funds ownership: 46.03% → 44.95% (-1.1%)
4% less funds holding
Funds holding: 370 → 357 (-13)
8% less capital invested
Capital invested by funds: $18.4B → $16.8B (-$1.56B)
15% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 47
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
19% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 139
29% less call options, than puts
Call options by funds: $507M | Put options by funds: $713M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$550M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$154M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$88.3M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$64.6M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$57.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$311M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$277M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$94.4M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$73.1M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$68.3M |
CM Hedge Fund Activity: Q4 2022 in Review
357 of the 6,237 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 — down 8.5% from $18.4B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of CM and 40 opened new positions — a net loss of 7 holders — while 139 trimmed existing stakes and 113 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.
- 357 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q4 2022, down from 370 in Q3 2022.
- Funds reported $16.8B of Canadian Imperial Bank of Commerce stock for Q4 2022, down 8.5% quarter-over-quarter.
- 40 funds opened new Canadian Imperial Bank of Commerce positions in Q4 2022 and 47 closed out, a net change of -7 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.