RE: CIBC SellingHi Trax:
You are correct. Over the past two weeks (since Feb. 15th) CIBC has been the major net seller. The good news is that others have more than picked up those shares, notably Fraser Mackenzie.
My guess is that it is a minor shuffling within the content of funds by different companies. Probably just normal business.
I hope this formats reasonably well:
House Positions for IAE, TSX from Feb. 15 to Mar. 02
|
|
| House | Bought | Sold | Net |
| 111 Fraser Mackenzie | 4,496,837 | 3,629,000 | 867,837 |
| 12 Wellington | 1,231,200 | 523,400 | 707,800 |
| 14 ITG | 484,135 | 47,100 | 437,035 |
| 7 TD Sec | 1,150,655 | 818,557 | 332,098 |
| | | | |
| 1 Anonymous | 714,200 | 1,192,500 | -478,300 |
| 27 Dundee | 0 | -531,256 | -531,256 |
| 79 CIBC | 1,585,675 | 2,147,643 | -561,968 |