Canadian Imperial Bank of Commerce
439 hedge funds and large institutions have $26.3B invested in Canadian Imperial Bank of Commerce in 2024 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 162 increasing their positions, 130 reducing their positions, and 23 closing their positions.
235% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 23
38% more funds holding in top 10
Funds holding in top 10: 16 → 22 (+6)
25% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 130
19% more capital invested
Capital invested by funds: $22B → $26.3B (+$4.28B)
13% more funds holding
Funds holding: 389 → 439 (+50)
3.27% less ownership
Funds ownership: 48.92% → 45.65% (-3.3%)
12% less call options, than puts
Call options by funds: $591M | Put options by funds: $670M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$133M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$101M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$70.8M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$70.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$57.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$566M |
| 2 |
Goldman Sachs
New York
|
-$469M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$380M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$212M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$167M |
CM Hedge Fund Activity: Q3 2024 in Review
439 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Canadian Imperial Bank of Commerce (CM) for Q3 2024, worth a combined $26.3B — up 19% from $22B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new CM positions and 23 closed out — a net gain of 54 holders — while 162 added to existing stakes and 130 trimmed.
The largest buyer was Fidelity International, adding an estimated $133M. The largest seller was Bank of Montreal, cutting an estimated $566M.
- 439 institutional investors held Canadian Imperial Bank of Commerce (CM) as of Q3 2024, up from 389 in Q2 2024.
- Funds reported $26.3B of Canadian Imperial Bank of Commerce stock for Q3 2024, up 19% quarter-over-quarter.
- 77 funds opened new Canadian Imperial Bank of Commerce positions in Q3 2024 and 23 closed out, a net change of +54 holders.
- The largest Canadian Imperial Bank of Commerce buyer in Q3 2024 was Fidelity International, an estimated $133M added.
- The largest Canadian Imperial Bank of Commerce seller in Q3 2024 was Bank of Montreal, an estimated $566M sold.
Based on aggregated 13F filings for Q3 2024.