Absolute Return Capital’s 3M MMM Stock Holding History

Absolute Return Capital’s Portfolio MMM Stock Details MMM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-148,924	Closed	-$17.7M	–	218
2015 Q3	$17.7M	Sell	148,924 -27,643	-16%	-$3.4M	1.13%	7
2015 Q2	$22.8M	Sell	176,567 -157,123	-47%	-$21.1M	0.91%	13
2015 Q1	$46M	Sell	333,690 -75,670	-18%	-$10.4M	1.21%	7
2014 Q4	$56.2M	Sell	409,360 -68,205	-14%	-$8.75M	1.16%	8
2014 Q3	$56.6M	Buy	477,565 +57,794	+14%	+$6.95M	0.79%	21
2014 Q2	$50.3M	Buy	419,771 +174,750	+71%	+$20.5M	0.59%	24
2014 Q1	$27.8M	Sell	245,021 -24,773	-9%	-$2.75M	0.4%	66
2013 Q4	$31.6M	Buy	269,794 +38,938	+17%	+$4.15M	0.35%	88
2013 Q3	$23M	Sell	230,856 -170,822	-43%	-$16.6M	0.32%	99
2013 Q2	$36.7M	Buy	+401,678	New	+$36.5M	0.47%	51

Other funds holding MMM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

State Farm Mutual Automobile Insurance Bloomington, Illinois $127B AUM 32.55% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Absolute Return Capital's MMM Position: Q4 2015 in Review

Absolute Return Capital sold out of 3M (MMM) in Q4 2015, closing a stake of 148,924 shares — an estimated $17.7M sold.

Absolute Return Capital first reported a position in MMM in Q2 2013 and held it in 10 quarters. The position peaked at $56.6M in Q3 2014. 1,584 funds tracked by Wall St. Rank hold MMM as of Q4 2015.

Absolute Return Capital reported no remaining 3M position as of Q4 2015 after selling out during the quarter.
Absolute Return Capital sold 148,924 3M shares in Q4 2015, an estimated $17.7M.
Absolute Return Capital first reported a position in 3M in Q2 2013 and held it in 10 quarters.
Absolute Return Capital's 3M position peaked at $56.6M in Q3 2014.
1,584 funds tracked by Wall St. Rank held 3M as of Q4 2015.

Based on Absolute Return Capital's 13F filing for Q4 2015.