Toronto Dominion Bank lessened its stake in shares of Canadian Imperial Bank of Commerce ( NYSE:CM – Free Report ) (TSE:CM) by 7.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,864,323 shares of the bank's stock after selling 2,112,557 shares during the quarter. Canadian Imperial Bank of Commerce comprises approximately 1.7% of Toronto Dominion Bank's portfolio, making the stock its 11th biggest position. Toronto Dominion Bank's holdings in Canadian Imperial Bank of Commerce were worth $1,056,218,000 at the end of the most recent reporting period.

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