IM Cannabis
IMCC
22 hedge funds and large institutions have $31.2M invested in IM Cannabis in 2021 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 4 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
29% more funds holding
Funds holding: 17 → 22 (+5)
0.05% less ownership
Funds ownership: 0.27% → 0.22% (-0.05%)
28% less capital invested
Capital invested by funds: $43.5M → $31.2M (-$12.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KJHP
K.J. Harrison & Partners
Toronto,
Ontario, Canada
|
+$1.11M |
| 2 |
ECM
EMC Capital Management
Houston,
Texas
|
+$291K |
| 3 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
+$271K |
| 4 |
CAC
Cowen and Company
New York
|
+$266K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$1.81M |
| 2 |
ACM
Altium Capital Management
New York
|
-$1.71M |
| 3 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$328K |
| 4 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$201K |
| 5 |
Millennium Management
New York
|
-$182K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$3K | -10 | Closed |
|
27
Osaic Holdings
Scottsdale,
Arizona
| – | +$506 | +2 | New |
|
IMCC Hedge Fund Activity: Q3 2021 in Review
22 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in IM Cannabis (IMCC) for Q3 2021, worth a combined $31.2M — down 28% from $43.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new IMCC positions and 4 closed out — a net gain of 5 holders — while 8 added to existing stakes and 3 trimmed.
The largest buyer was K.J. Harrison & Partners, adding an estimated $1.11M. The largest seller was Wasatch Advisors, cutting an estimated $1.81M.
- 22 institutional investors held IM Cannabis (IMCC) as of Q3 2021, up from 17 in Q2 2021.
- Funds reported $31.2M of IM Cannabis stock for Q3 2021, down 28% quarter-over-quarter.
- 9 funds opened new IM Cannabis positions in Q3 2021 and 4 closed out, a net change of +5 holders.
- The largest IM Cannabis buyer in Q3 2021 was K.J. Harrison & Partners, an estimated $1.11M added.
- The largest IM Cannabis seller in Q3 2021 was Wasatch Advisors, an estimated $1.81M sold.
Based on aggregated 13F filings for Q3 2021.