IM Cannabis
IMCC
14 hedge funds and large institutions have $569K invested in IM Cannabis in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 4 closing their positions.
53% more capital invested
Capital invested by funds: $371K → $569K (+$197K)
0.05% more ownership
Funds ownership: 1.29% → 1.34% (+0.05%)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
13% less funds holding
Funds holding: 16 → 14 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
+$61.6K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$16.2K |
| 3 |
VF
Virtu Financial
New York
|
+$5.28K |
| 4 |
Renaissance Technologies
New York
|
+$1.58K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lynwood Capital Management
Toronto,
Ontario, Canada
|
-$71.4K |
| 2 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
-$5.17K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.6K |
| 4 |
ECM
EMC Capital Management
Houston,
Texas
|
-$3K |
| 5 |
Millennium Management
New York
|
-$200 |
IMCC Hedge Fund Activity: Q1 2024 in Review
14 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in IM Cannabis (IMCC) for Q1 2024, worth a combined $569K — up 53% from $371K a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of IMCC and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 3 added.
The largest buyer was AdvisorShares Investments, adding an estimated $61.6K. The largest seller was Lynwood Capital Management, exiting entirely with an estimated $71.4K sold.
- 14 institutional investors held IM Cannabis (IMCC) as of Q1 2024, down from 16 in Q4 2023.
- Funds reported $569K of IM Cannabis stock for Q1 2024, up 53% quarter-over-quarter.
- 2 funds opened new IM Cannabis positions in Q1 2024 and 4 closed out, a net change of -2 holders.
- The largest IM Cannabis buyer in Q1 2024 was AdvisorShares Investments, an estimated $61.6K added.
- The largest IM Cannabis seller in Q1 2024 was Lynwood Capital Management, an estimated $71.4K sold.
Based on aggregated 13F filings for Q1 2024.