CIBC Private Wealth Group LLC Increases Stake in Vertiv Holdings Co.

Investment firm boosts position in data center infrastructure company

Mar. 19, 2026 at 8:24am

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CIBC Private Wealth Group LLC increased its stake in Vertiv Holdings Co. (NYSE:VRT) by 64.1% during the third quarter, according to a recent SEC filing. The firm now owns 364,756 shares of the company's stock, worth approximately $55 million.

Why it matters

Vertiv is a major provider of critical digital infrastructure and continuity solutions for data centers, communication networks, and other industries. CIBC Private Wealth Group's increased investment signals confidence in Vertiv's growth potential as demand for data center and IT services continues to rise.

The details

CIBC Private Wealth Group added 142,518 shares to its Vertiv Holdings position during the third quarter, bringing its total stake to 364,756 shares. The firm now owns approximately 0.10% of Vertiv's outstanding shares. Other hedge funds have also been active in Vertiv, with Watts Gwilliam & Co. LLC, CIBC Bancorp USA Inc., and Caerus Investment Advisors LLC among those increasing or establishing new positions in the company.

  • CIBC Private Wealth Group increased its Vertiv stake during the third quarter of 2026.

The players

CIBC Private Wealth Group LLC

An investment management firm and subsidiary of Canadian Imperial Bank of Commerce (CIBC).

Vertiv Holdings Co.

A global provider of critical digital infrastructure and continuity solutions for data centers, communication networks, and commercial/industrial environments.

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The takeaway

CIBC Private Wealth Group's increased stake in Vertiv Holdings reflects growing investor confidence in the data center infrastructure company as demand for its products and services continues to rise amid the ongoing digital transformation.