IM Cannabis
IMCC
14 hedge funds and large institutions have $6.6M invested in IM Cannabis in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 5 closing their positions.
1,175% more capital invested
Capital invested by funds: $518K → $6.6M (+$6.08M)
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
0.59% less ownership
Funds ownership: 6.94% → 6.35% (-0.59%)
7% less funds holding
Funds holding: 15 → 14 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lynwood Capital Management
Toronto,
Ontario, Canada
|
+$481K |
| 2 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
+$95.9K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$40.2K |
| 4 |
VF
Virtu Financial
New York
|
+$15.6K |
| 5 |
SG
StoneX Group
New York
|
+$10.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$139K |
| 2 |
BMCM
Black Maple Capital Management
Milwaukee,
Wisconsin
|
-$96.2K |
| 3 |
BBA
Baader Bank Aktiengesellschaft
Unterschleissheim,
Germany
|
-$61.9K |
| 4 |
Jane Street
New York
|
-$14.1K |
| 5 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
-$1.01K |
IMCC Hedge Fund Activity: Q1 2023 in Review
14 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in IM Cannabis (IMCC) for Q1 2023, worth a combined $6.6M — up 1,175% from $518K a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of IMCC and 4 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was Lynwood Capital Management, opening a new position worth an estimated $481K. The largest seller was Wasatch Advisors, exiting entirely with an estimated $139K sold.
- 14 institutional investors held IM Cannabis (IMCC) as of Q1 2023, down from 15 in Q4 2022.
- Funds reported $6.6M of IM Cannabis stock for Q1 2023, up 1,175% quarter-over-quarter.
- 4 funds opened new IM Cannabis positions in Q1 2023 and 5 closed out, a net change of -1 holder.
- The largest IM Cannabis buyer in Q1 2023 was Lynwood Capital Management, an estimated $481K added.
- The largest IM Cannabis seller in Q1 2023 was Wasatch Advisors, an estimated $139K sold.
Based on aggregated 13F filings for Q1 2023.