We are live on ! Find out more
CM icon

Canadian Imperial Bank of Commerce

382 hedge funds and large institutions have $18B invested in Canadian Imperial Bank of Commerce in 2023 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 156 increasing their positions, 109 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

93% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 30

43% more repeat investments, than reductions

Existing positions increased: 156 | Existing positions reduced: 109

33% more funds holding in top 10

Funds holding in top 10: 912 (+3)

7% more capital invested

Capital invested by funds: $16.8B → $18B (+$1.21B)

7% more funds holding

Funds holding: 358382 (+24)

0.47% less ownership

Funds ownership: 45.21%44.75% (-0.47%)

21% less call options, than puts

Call options by funds: $562M | Put options by funds: $709M

Holders
382
Holders Change
+24
Holders Change %
+6.7%
% of All Funds
6.09%
Holding in Top 10
12
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+33.33%
% of All Funds
0.19%
New
58
Increased
156
Reduced
109
Closed
30
Calls
$562M
Puts
$709M
Net Calls
-$148M
Net Calls Change
+$58.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$2.9B -$6.11M -139,238 -0.2%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$2.83B +$130M +2,957,847 +6%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.38B +$11.1M +251,974 +0.8%
Bank of Nova Scotia
4
Bank of Nova Scotia
Ontario, Canada
$1.16B -$91.7M -2,089,092 -7%
Toronto Dominion Bank
5
Toronto Dominion Bank
Ontario, Canada
$934M -$88.3M -2,011,157 -8%
TD Asset Management
6
TD Asset Management
Ontario, Canada
$895M -$15.9M -361,225 -2%
Capital World Investors
7
Capital World Investors
California
$707M -$139M -3,177,941 -16%
National Bank of Canada
8
National Bank of Canada
Quebec, Canada
$610M -$8.14M -185,443 -1%
CIBC World Market
9
CIBC World Market
Ontario, Canada
$586M -$2.69M -61,296 -0.4%
CIBC Asset Management
10
CIBC Asset Management
Ontario, Canada
$433M +$58.9M +1,342,882 +15%
Mackenzie Financial
11
Mackenzie Financial
Ontario, Canada
$389M -$22.8M -518,770 -5%
Norges Bank
12
Norges Bank
Norway
$318M -$2.61M -59,490 -0.8%
Canada Pension Plan Investment Board
13
Canada Pension Plan Investment Board
Ontario, Canada
$303M +$89.7M +2,043,650 +40%
JP Morgan Chase
14
JP Morgan Chase
New York
$223M +$20.7M +471,370 +10%
Legal & General Group
15
Legal & General Group
United Kingdom
$212M -$1.57M -35,731 -0.7%
Deutsche Bank
16
Deutsche Bank
Germany
$211M +$1.07M +24,369 +0.5%
TWC
17
TD Waterhouse Canada
Ontario, Canada
$200M +$9.86M +224,606 +7%
1832 Asset Management
18
1832 Asset Management
Ontario, Canada
$172M -$220M -5,019,907 -55%
SC
19
Scotia Capital
Ontario, Canada
$170M +$819K +18,667 +0.5%
Fidelity International
20
Fidelity International
Bermuda
$164M +$130M +2,968,706 +328%
Bank of America
21
Bank of America
North Carolina
$163M +$14.1M +321,068 +9%
Connor, Clark & Lunn Investment Management (CC&L)
22
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$150M -$62.9M -1,432,141 -29%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$129M +$5.37M +122,253 +4%
BCIM
24
British Columbia Investment Management
British Columbia, Canada
$119M -$4.52M -102,969 -4%
Manulife (Manufacturers Life Insurance)
25
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$104M -$3.33M -75,887 -3%

CM Hedge Fund Activity: Q1 2023 in Review

382 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q1 2023, worth a combined $18B — up 7.2% from $16.8B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new CM positions and 30 closed out — a net gain of 28 holders — while 156 added to existing stakes and 109 trimmed.

The largest buyer was Fidelity International, adding an estimated $130M. The largest seller was 1832 Asset Management, cutting an estimated $220M.

  • 382 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q1 2023, up from 358 in Q4 2022.
  • Funds reported $18B of Canadian Imperial Bank of Commerce stock for Q1 2023, up 7.2% quarter-over-quarter.
  • 58 funds opened new Canadian Imperial Bank of Commerce positions in Q1 2023 and 30 closed out, a net change of +28 holders.
  • The largest Canadian Imperial Bank of Commerce buyer in Q1 2023 was Fidelity International, an estimated $130M added.
  • The largest Canadian Imperial Bank of Commerce seller in Q1 2023 was 1832 Asset Management, an estimated $220M sold.

Based on aggregated 13F filings for Q1 2023.