IM Cannabis
IMCC
9 hedge funds and large institutions have $401K invested in IM Cannabis in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
1.66% less ownership
Funds ownership: 8.04% → 6.38% (-1.7%)
10% less funds holding
Funds holding: 10 → 9 (-1)
30% less capital invested
Capital invested by funds: $569K → $401K (-$168K)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
+$111K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$41.5K |
| 3 |
Renaissance Technologies
New York
|
+$4.03K |
| 4 |
VF
Virtu Financial
New York
|
+$575 |
| 5 |
FNWA
Financial Network Wealth Advisors
Murray,
Utah
|
+$115 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCM
Black Maple Capital Management
Milwaukee,
Wisconsin
|
-$212K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$24.5K |
| 3 |
Millennium Management
New York
|
-$8.81K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.63K |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$230 |
IMCC Hedge Fund Activity: Q2 2024 in Review
9 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in IM Cannabis (IMCC) for Q2 2024, worth a combined $401K — down 30% from $569K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of IMCC and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 3 added.
The largest buyer was AdvisorShares Investments, adding an estimated $111K. The largest seller was Black Maple Capital Management, exiting entirely with an estimated $212K sold.
- 9 institutional investors held IM Cannabis (IMCC) as of Q2 2024, down from 10 in Q1 2024.
- Funds reported $401K of IM Cannabis stock for Q2 2024, down 30% quarter-over-quarter.
- 2 funds opened new IM Cannabis positions in Q2 2024 and 3 closed out, a net change of -1 holder.
- The largest IM Cannabis buyer in Q2 2024 was AdvisorShares Investments, an estimated $111K added.
- The largest IM Cannabis seller in Q2 2024 was Black Maple Capital Management, an estimated $212K sold.
Based on aggregated 13F filings for Q2 2024.