Canada

Lombard Odier Expands Holdings Across Banks Tech Materials in 1Q

Lombard Odier Asset Management Switzerland SA boosted its stakes in five companies in Q1: Canadian Imperial Bank of Commerce (CM) up 83.8 to 78,960 shares valued at about $7.48 million; U.S. Bancorp (USB) up 81.2 to 155,257 shares valued at about $8.08 million; Carpenter Technology (CRS) added 9,738 shares valued at roughly $3.84 million; Palantir Technologies (PLTR) increased to 111,367 shares worth about $16.29 million, making it the 28th-largest holding; and Alcoa (AA) rising 90.9% to 90,258 shares valued at about $5.99 million, reflecting broad expansion across several positions.