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Canadian Imperial Bank of Commerce
CM

401 hedge funds and large institutions have $22.1B invested in Canadian Imperial Bank of Commerce in 2024 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 150 increasing their positions, 137 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 33

15% more call options, than puts

Call options by funds: $458M | Put options by funds: $399M

13% more funds holding in top 10

Funds holding in top 10: 16 → 18 (+2)

11% more capital invested

Capital invested by funds: $19.9B → $22.1B (+$2.19B)

2.15% more ownership

Funds ownership: 44.13% → 46.28% (+2.2%)

2% more funds holding

Funds holding: 393 → 401 (+8)

9% more repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 137

Holders
401
Holders Change
+8
Holders Change %
+2.04%
% of All Funds
5.76%
Holding in Top 10
18
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+12.5%
% of All Funds
0.26%
New
47
Increased
150
Reduced
137
Closed
33
Calls
$458M
Puts
$399M
Net Calls
+$58.3M
Net Calls Change
-$1.13M

Top Buyers

Rank Fund Capital Flow
1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$593M
2
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
+$112M
3
Fidelity International
Fidelity International
Bermuda
+$86.1M
4
Public Sector Pension Investment Board (PSP Investments)
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
+$85.9M
5
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
+$77.2M

Top Sellers

Rank Fund Capital Flow
1
Deutsche Bank
Deutsche Bank
Germany
-$90.8M
2
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
-$86.4M
3
TD Asset Management
TD Asset Management
Ontario, Canada
-$64M
4
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
-$30.9M
5
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
-$28.3M

CM Hedge Fund Activity: Q1 2024 in Review

401 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q1 2024, worth a combined $22.1B — up 11% from $19.9B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new CM positions and 33 closed out — a net gain of 14 holders — while 150 added to existing stakes and 137 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $593M. The largest seller was Deutsche Bank, cutting an estimated $90.8M.

  • 401 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q1 2024, up from 393 in Q4 2023.
  • Funds reported $22.1B of Canadian Imperial Bank of Commerce stock for Q1 2024, up 11% quarter-over-quarter.
  • 47 funds opened new Canadian Imperial Bank of Commerce positions in Q1 2024 and 33 closed out, a net change of +14 holders.
  • The largest Canadian Imperial Bank of Commerce buyer in Q1 2024 was Royal Bank of Canada, an estimated $593M added.
  • The largest Canadian Imperial Bank of Commerce seller in Q1 2024 was Deutsche Bank, an estimated $90.8M sold.

Based on aggregated 13F filings for Q1 2024.