CIBC Asset Management Inc Buys Brookfield Asset Management Inc, SPDR Select Sector Fund - Consumer Staples, Fortis Inc, Sells Bank of Montreal, SPDR S&P 500, iShares MSCI EAFE

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Apr 30, 2020
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Toronto, A6, based Investment company CIBC Asset Management Inc (Current Portfolio) buys Brookfield Asset Management Inc, SPDR Select Sector Fund - Consumer Staples, Fortis Inc, Barrick Gold Corp, Rogers Communications Inc, sells Bank of Montreal, SPDR S&P 500, iShares MSCI EAFE, Magna International Inc, Cenovus Energy Inc during the 3-months ended 2020Q1, according to the most recent filings of the investment company, CIBC Asset Management Inc. As of 2020Q1, CIBC Asset Management Inc owns 1018 stocks with a total value of $14.1 billion. These are the details of the buys and sells.

For the details of CIBC Asset Management Inc's stock buys and sells, go to https://www.gurufocus.com/guru/cibc+asset+management+inc/current-portfolio/portfolio

These are the top 5 holdings of CIBC Asset Management Inc
  1. The Toronto-Dominion Bank (TD) - 22,865,926 shares, 6.88% of the total portfolio. Shares added by 4.85%
  2. Royal Bank of Canada (RY) - 12,677,067 shares, 5.56% of the total portfolio. Shares added by 4.27%
  3. Brookfield Asset Management Inc (BAM) - 21,486,470 shares, 4.49% of the total portfolio. Shares added by 67.42%
  4. Enbridge Inc (ENB) - 20,138,759 shares, 4.15% of the total portfolio. Shares reduced by 4.59%
  5. TELUS Corp (TU) - 31,536,692 shares, 3.53% of the total portfolio. Shares added by 9.58%
New Purchase: SPDR Select Sector Fund - Consumer Staples (XLP)

CIBC Asset Management Inc initiated holding in SPDR Select Sector Fund - Consumer Staples. The purchase prices were between $48.63 and $64.79, with an estimated average price of $61. The stock is now traded at around $58.26. The impact to a portfolio due to this purchase was 1.12%. The holding were 2,891,473 shares as of .

New Purchase: KraneShares Trust CSI China Internet (KWEB)

CIBC Asset Management Inc initiated holding in KraneShares Trust CSI China Internet. The purchase prices were between $40.37 and $54.58, with an estimated average price of $49.48. The stock is now traded at around $48.34. The impact to a portfolio due to this purchase was 0.11%. The holding were 344,925 shares as of .

New Purchase: SpringWorks Therapeutics Inc (SWTX)

CIBC Asset Management Inc initiated holding in SpringWorks Therapeutics Inc. The purchase prices were between $20.44 and $41.21, with an estimated average price of $32.72. The stock is now traded at around $30.26. The impact to a portfolio due to this purchase was 0.02%. The holding were 111,266 shares as of .

New Purchase: TFI International Inc (TFII)

CIBC Asset Management Inc initiated holding in TFI International Inc. The purchase prices were between $17.08 and $35.96, with an estimated average price of $30.09. The stock is now traded at around $27.75. The impact to a portfolio due to this purchase was 0.01%. The holding were 50,828 shares as of .

New Purchase: Royal Philips NV (PHG)

CIBC Asset Management Inc initiated holding in Royal Philips NV. The purchase prices were between $31.86 and $50.42, with an estimated average price of $44.72. The stock is now traded at around $43.91. The impact to a portfolio due to this purchase was 0.01%. The holding were 35,850 shares as of .

New Purchase: Primo Water Corp (GC6)

CIBC Asset Management Inc initiated holding in Primo Water Corp. The purchase prices were between $6.25 and $14.4, with an estimated average price of $12.15. The stock is now traded at around $9.15. The impact to a portfolio due to this purchase was 0.01%. The holding were 87,945 shares as of .

Added: Brookfield Asset Management Inc (BAM)

CIBC Asset Management Inc added to a holding in Brookfield Asset Management Inc by 67.42%. The purchase prices were between $22.05 and $45.53, with an estimated average price of $38.6. The stock is now traded at around $33.82. The impact to a portfolio due to this purchase was 1.81%. The holding were 21,486,470 shares as of .

Added: Fortis Inc (FTS)

CIBC Asset Management Inc added to a holding in Fortis Inc by 297.41%. The purchase prices were between $29.08 and $44.3, with an estimated average price of $41.07. The stock is now traded at around $38.75. The impact to a portfolio due to this purchase was 0.76%. The holding were 3,704,869 shares as of .

Added: Barrick Gold Corp (GOLD)

CIBC Asset Management Inc added to a holding in Barrick Gold Corp by 33.41%. The purchase prices were between $15.67 and $22.03, with an estimated average price of $18.74. The stock is now traded at around $25.72. The impact to a portfolio due to this purchase was 0.52%. The holding were 15,836,831 shares as of .

Added: Rogers Communications Inc (RCI)

CIBC Asset Management Inc added to a holding in Rogers Communications Inc by 37.76%. The purchase prices were between $32.41 and $50.94, with an estimated average price of $46.93. The stock is now traded at around $41.82. The impact to a portfolio due to this purchase was 0.3%. The holding were 3,767,275 shares as of .

Added: Vanguard FTSE All World Ex US (VEU)

CIBC Asset Management Inc added to a holding in Vanguard FTSE All World Ex US by 24.96%. The purchase prices were between $35.86 and $54.78, with an estimated average price of $49.6. The stock is now traded at around $43.81. The impact to a portfolio due to this purchase was 0.29%. The holding were 4,954,264 shares as of .

Added: Brookfield Renewable Partners LP (BEP)

CIBC Asset Management Inc added to a holding in Brookfield Renewable Partners LP by 44.68%. The purchase prices were between $30.74 and $56.95, with an estimated average price of $47.58. The stock is now traded at around $46.89. The impact to a portfolio due to this purchase was 0.26%. The holding were 2,795,225 shares as of .

Sold Out: Ovintiv Inc (OVV)

CIBC Asset Management Inc sold out a holding in Ovintiv Inc. The sale prices were between $2.95 and $31.75, with an estimated average price of $17.7.

Sold Out: Macerich Co (MAC)

CIBC Asset Management Inc sold out a holding in Macerich Co. The sale prices were between $5.63 and $26.92, with an estimated average price of $20.14.

Sold Out: Infosys Ltd (INFY)

CIBC Asset Management Inc sold out a holding in Infosys Ltd. The sale prices were between $6.94 and $11.41, with an estimated average price of $10.09.

Sold Out: Precision Drilling Corp (PDS)

CIBC Asset Management Inc sold out a holding in Precision Drilling Corp. The sale prices were between $0.29 and $1.61, with an estimated average price of $1.08.

Sold Out: Grifols SA (GRFS)

CIBC Asset Management Inc sold out a holding in Grifols SA. The sale prices were between $16.28 and $25.63, with an estimated average price of $22.47.

Sold Out: WellCare Health Plans Inc (WCG)

CIBC Asset Management Inc sold out a holding in WellCare Health Plans Inc. The sale prices were between $324.75 and $349.92, with an estimated average price of $335.39.



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