IM Cannabis
IMCC
15 hedge funds and large institutions have $1.73M invested in IM Cannabis in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
7% more funds holding
Funds holding: 14 → 15 (+1)
4.02% more ownership
Funds ownership: 6.35% → 10.37% (+4%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
74% less capital invested
Capital invested by funds: $6.6M → $1.73M (-$4.87M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCM
Black Maple Capital Management
Milwaukee,
Wisconsin
|
+$351K |
| 2 |
LCM
Lynwood Capital Management
Toronto,
Ontario, Canada
|
+$82.4K |
| 3 |
Renaissance Technologies
New York
|
+$17.6K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$14.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
StoneX Group
New York
|
-$7.22K |
| 2 |
ECM
EMC Capital Management
Houston,
Texas
|
-$3.43K |
| 3 |
VF
Virtu Financial
New York
|
-$3.12K |
| 4 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
-$2.34K |
IMCC Hedge Fund Activity: Q2 2023 in Review
15 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in IM Cannabis (IMCC) for Q2 2023, worth a combined $1.73M — down 74% from $6.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new IMCC positions and 2 closed out — a net gain of 1 holder — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Black Maple Capital Management, opening a new position worth an estimated $351K. The largest seller was StoneX Group, exiting entirely with an estimated $7.22K sold.
- 15 institutional investors held IM Cannabis (IMCC) as of Q2 2023, up from 14 in Q1 2023.
- Funds reported $1.73M of IM Cannabis stock for Q2 2023, down 74% quarter-over-quarter.
- 3 funds opened new IM Cannabis positions in Q2 2023 and 2 closed out, a net change of +1 holder.
- The largest IM Cannabis buyer in Q2 2023 was Black Maple Capital Management, an estimated $351K added.
- The largest IM Cannabis seller in Q2 2023 was StoneX Group, an estimated $7.22K sold.
Based on aggregated 13F filings for Q2 2023.