Canadian Imperial Bank of Commerce
358 hedge funds and large institutions have $15.6B invested in Canadian Imperial Bank of Commerce in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 135 increasing their positions, 138 reducing their positions, and 56 closing their positions.
26% more call options, than puts
Call options by funds: $503M | Put options by funds: $399M
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
2% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 138
1.47% less ownership
Funds ownership: 44.83% → 43.37% (-1.5%)
9% less funds holding
Funds holding: 393 → 358 (-35)
12% less capital invested
Capital invested by funds: $17.7B → $15.6B (-$2.2B)
59% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$200M |
| 2 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$79.7M |
| 3 |
Two Sigma Investments
New York
|
+$27.8M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$26.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$289M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$217M |
| 3 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
-$149M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$82.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$67.7M |
CM Hedge Fund Activity: Q3 2023 in Review
358 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q3 2023, worth a combined $15.6B — down 12% from $17.7B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of CM and 23 opened new positions — a net loss of 33 holders — while 138 trimmed existing stakes and 135 added.
The largest buyer was Bank of Montreal, adding an estimated $200M. The largest seller was Capital World Investors, cutting an estimated $289M.
- 358 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q3 2023, down from 393 in Q2 2023.
- Funds reported $15.6B of Canadian Imperial Bank of Commerce stock for Q3 2023, down 12% quarter-over-quarter.
- 23 funds opened new Canadian Imperial Bank of Commerce positions in Q3 2023 and 56 closed out, a net change of -33 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q3 2023 was Bank of Montreal, an estimated $200M added.
- The largest Canadian Imperial Bank of Commerce seller in Q3 2023 was Capital World Investors, an estimated $289M sold.
Based on aggregated 13F filings for Q3 2023.