Canadian Imperial Bank of Commerce
389 hedge funds and large institutions have $22B invested in Canadian Imperial Bank of Commerce in 2024 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 141 increasing their positions, 145 reducing their positions, and 45 closing their positions.
2.64% more ownership
Funds ownership: 46.28% → 48.92% (+2.6%)
0% less capital invested
Capital invested by funds: $22.1B → $22B (-$86.6M)
3% less repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 145
6% less call options, than puts
Call options by funds: $446M | Put options by funds: $474M
3% less funds holding
Funds holding: 401 → 389 (-12)
11% less funds holding in top 10
Funds holding in top 10: 18 → 16 (-2)
13% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$223M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$188M |
| 3 |
MSC
MUFG Securities (Canada)
New York
|
+$169M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$152M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$130M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$127M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$108M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$92.9M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$51.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$44.8M |
CM Hedge Fund Activity: Q2 2024 in Review
389 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q2 2024, worth a combined $22B — down 0.39% from $22.1B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CM and 39 opened new positions — a net loss of 6 holders — while 145 trimmed existing stakes and 141 added.
The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, adding an estimated $223M. The largest seller was Bank of Montreal, cutting an estimated $127M.
- 389 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q2 2024, down from 401 in Q1 2024.
- Funds reported $22B of Canadian Imperial Bank of Commerce stock for Q2 2024, down 0.39% quarter-over-quarter.
- 39 funds opened new Canadian Imperial Bank of Commerce positions in Q2 2024 and 45 closed out, a net change of -6 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q2 2024 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $223M added.
- The largest Canadian Imperial Bank of Commerce seller in Q2 2024 was Bank of Montreal, an estimated $127M sold.
Based on aggregated 13F filings for Q2 2024.