IM Cannabis
IMCC
16 hedge funds and large institutions have $371K invested in IM Cannabis in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 3 closing their positions.
0.49% less ownership
Funds ownership: 1.79% → 1.29% (-0.49%)
6% less funds holding
Funds holding: 17 → 16 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
64% less capital invested
Capital invested by funds: $1.04M → $371K (-$669K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.1K |
| 2 |
Millennium Management
New York
|
+$8.11K |
| 3 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
+$7.82K |
| 4 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$7.65K |
| 5 |
Renaissance Technologies
New York
|
+$7.32K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lynwood Capital Management
Toronto,
Ontario, Canada
|
-$211K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$15.8K |
| 3 |
BMCM
Black Maple Capital Management
Milwaukee,
Wisconsin
|
-$4.69K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.92K |
| 5 |
CWP
Concord Wealth Partners
Abingdon,
Virginia
|
-$360 |
IMCC Hedge Fund Activity: Q4 2023 in Review
16 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in IM Cannabis (IMCC) for Q4 2023, worth a combined $371K — down 64% from $1.04M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of IMCC and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 3 added.
The largest buyer was Royal Bank of Canada, adding an estimated $12.1K. The largest seller was Lynwood Capital Management, cutting an estimated $211K.
- 16 institutional investors held IM Cannabis (IMCC) as of Q4 2023, down from 17 in Q3 2023.
- Funds reported $371K of IM Cannabis stock for Q4 2023, down 64% quarter-over-quarter.
- 2 funds opened new IM Cannabis positions in Q4 2023 and 3 closed out, a net change of -1 holder.
- The largest IM Cannabis buyer in Q4 2023 was Royal Bank of Canada, an estimated $12.1K added.
- The largest IM Cannabis seller in Q4 2023 was Lynwood Capital Management, an estimated $211K sold.
Based on aggregated 13F filings for Q4 2023.