CIBC World Market Inc.
CIBC World Markets Inc. is the capital markets and investment banking subsidiary of Canadian Imperial Bank of Commerce (CIBC), headquartered in Toronto, Ontario, Canada. It operates primarily in the securities and commodity contracts intermediation and brokerage industry. CIBC World Markets Inc. provides investment banking, capital markets, corporate banking, trading, hedging, M&A advisory, debt and equity financing, and research services. The firm serves corporate, institutional, and government clients across North America and globally. CIBC was founded in 1867 and as part of the CIBC group, employs thousands globally, with direct employee counts at CIBC World Markets Inc. reported as approximately 2,000.
Investment Strategy
CIBC World Markets Inc. focuses on providing full-spectrum capital markets solutions including M&A advisory, corporate banking, equity and debt underwriting, trading, hedging, and research. The firm takes a client-centric approach, leveraging teams across multiple sectors and geographies to deliver tailored risk management and investment strategies. Through its global platform, CIBC World Markets seeks to help clients manage interest rates, foreign exchange exposure, and commodity price risks. It combines structured financial advisory with robust market analytics to support clients in navigating complex financial environments and achieving long-term growth.
Latest 13F Filing Activity
CIBC World Market Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 1,261 equity positions and 79 options positions with a total 13F market value of $50B. The fund increased holdings in Emera Inc., Barrick MNG Corp., Toronto Dominion BK Ont among other positions. CIBC World Market Inc. reduced exposure to Barrick Gold Corp., Select Sector SPDR TR, Select Sector SPDR TR among others.
Top Holdings
Equity Positions (1,261)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
T TD | TORONTO DOMINION BK ONT | 6.38% | $3.22B | 43,872,464 | $50.72 | $73.45 | +$260.4M |
R RY | ROYAL BK CDA | 6.16% | $3.11B | 23,646,375 | $80.12 | $131.55 | +$89.5M |
B BNS | BANK NOVA SCOTIA HALIFAX | 3.10% | $1.57B | 28,324,364 | $50.62 | $55.27 | +$98.9M |
B BMO | BANK MONTREAL QUE | 2.97% | $1.50B | 13,551,901 | $73.73 | $110.63 | -$132.8M |
E ENB | ENBRIDGE INC | 2.38% | $1.20B | 26,567,072 | $37.94 | $45.32 | -$105.9M |
Options Positions (10)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORPORATION | Bought | Call | $1.47B | 92,926 | $157.99 | $156.57 | +89,955 | +$1.44B |
S SHOP | SHOPIFY INC | Bought | Call | $983.4M | 85,250 | $115.35 | $113.95 | +82,080 | +$953.1M |
E EWC | ISHARES INC | Sold | Put | $559.0M | 121,000 | $46.20 | $40.90 | -19,575 | -$13.8M |
X XLF | SELECT SECTOR SPDR TR | Bought | Put | $518.9M | 99,078 | $52.37 | $42.91 | +18,000 | +$115.0M |
R RY | ROYAL BK CDA | Bought | Call | $202.2M | 15,369 | $131.55 | $107.98 | +904 | +$39.1M |