Baird’s 3M MMM Stock Holding History

Baird’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 Q1	$37.9M	Sell	274,617 -31,105	-10%	-$4.29M	0.39%	74
2014 Q4	$42M	Buy	305,722 +70,219	+30%	+$9.01M	0.45%	56
2014 Q3	$27.9M	Buy	235,503 +4,521	+2%	+$543K	0.39%	87
2014 Q2	$27.7M	Sell	230,982 -1,192	-0.5%	-$140K	0.39%	85
2014 Q1	$26.3M	Sell	232,174 -334	-0.1%	-$37.1K	0.38%	85
2013 Q4	$27.3M	Buy	232,508 +272	+0.1%	+$29K	0.47%	37
2013 Q3	$23.2M	Buy	232,236 +1,041	+0.5%	+$101K	0.43%	44
2013 Q2	$21.1M	Buy	+231,195	New	+$21M	0.42%	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

BIT

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

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 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

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

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

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

BFA

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

Baird's MMM Position: Q1 2015 in Review

Baird reduced its 3M (MMM) stake by 10% in Q1 2015, selling an estimated $4.29M and leaving 274,617 shares worth $37.9M. The position accounts for 0.39% of the portfolio, ranked #74.

Baird first reported a position in MMM in Q2 2013 and has held it in 8 quarters since. The position peaked at $42M in Q4 2014. 1,553 funds tracked by Wall St. Rank hold MMM as of Q1 2015.

Baird held 274,617 shares of 3M worth $37.9M as of Q1 2015.
Baird sold 31,105 3M shares in Q1 2015, an estimated $4.29M.
3M made up 0.39% of Baird's portfolio in Q1 2015, its #74 holding.
Baird first reported a position in 3M in Q2 2013 and has held it in 8 quarters since.
Baird's 3M position peaked at $42M in Q4 2014.
1,553 funds tracked by Wall St. Rank held 3M as of Q1 2015.

Based on Baird's 13F filing for Q1 2015, filed 13 May 2015.