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1,901 hedge funds and large institutions have $63.9B invested in 3M in 2019 Q3 according to their latest regulatory filings, with 108 funds opening new positions, 693 increasing their positions, 818 reducing their positions, and 129 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.31% less ownership

Funds ownership: 81.16%80.85% (-0.31%)

2% less funds holding

Funds holding: 1,9321,901 (-31)

4% less funds holding in top 10

Funds holding in top 10: 4947 (-2)

6% less capital invested

Capital invested by funds: $67.8B → $63.9B (-$3.92B)

15% less repeat investments, than reductions

Existing positions increased: 693 | Existing positions reduced: 818

16% less first-time investments, than exits

New positions opened: 108 | Existing positions closed: 129

32% less call options, than puts

Call options by funds: $671M | Put options by funds: $991M

Holders
1,901
Holders Change
-31
Holders Change %
-1.6%
% of All Funds
41.68%
Holding in Top 10
47
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-4.08%
% of All Funds
1.03%
New
108
Increased
693
Reduced
818
Closed
129
Calls
$671M
Puts
$991M
Net Calls
-$321M
Net Calls Change
+$96.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Robeco Institutional Asset Management
226
Robeco Institutional Asset Management
Netherlands
$20.3M +$1.78M +12,761 +9%
XK
227
Xact Kapitalforvaltning
Sweden
$20.2M +$1.69M +12,106 +9%
ALAM
228
Asahi Life Asset Management
Japan
$20.2M +$3.99M +28,516 +24%
HNB
229
Huntington National Bank
Ohio
$20.1M -$5.2M -37,165 -20%
VRS
230
Virginia Retirement Systems
Virginia
$19.9M
Assenagon Asset Management
231
Assenagon Asset Management
Luxembourg
$19.6M +$17.2M +122,729 +625%
KIA
232
KCM Investment Advisors
California
$19.5M -$310K -2,220 -2%
Bank of Nova Scotia
233
Bank of Nova Scotia
Ontario, Canada
$19.3M -$3.23M -23,072 -14%
SPC
234
Stewart & Patten Company
California
$19.3M -$179K -1,283 -0.9%
Cambridge Investment Research Advisors
235
Cambridge Investment Research Advisors
Iowa
$19.2M -$13.3K -95 -0.1%
Skandinaviska Enskilda Banken (SEB)
236
Skandinaviska Enskilda Banken (SEB)
Sweden
$19.2M +$1.2M +8,563 +7%
ASRS
237
Arizona State Retirement System
Arizona
$19M -$398K -2,845 -2%
Creative Planning
238
Creative Planning
Kansas
$18.8M -$703K -5,026 -4%
PI
239
PineBridge Investments
New York
$18.7M +$4.26M +30,498 +29%
MA
240
MUFG Americas
New York
$18.6M -$2.39M -17,106 -11%
TF
241
TIAA FSB
Florida
$18.6M -$264K -1,885 -1%
TCOV
242
Trust Company of Vermont
Vermont
$18.5M +$383K +2,739 +2%
MTC
243
McDaniel Terry & Co
Texas
$18.4M -$226K -1,618 -1%
SOADOR
244
State of Alaska Department of Revenue
Alaska
$18.4M -$7.41M -53,035 -28%
GJIC
245
Gamble Jones Investment Counsel
California
$18.3M -$182K -1,305 -1%
USAA
246
United Services Automobile Association
Texas
$18M -$69M -493,532 -79%
TH
247
TCTC Holdings
Texas
$17.9M -$1.64M -11,762 -8%
MSL
248
Mackay Shields LLC
New York
$17.8M -$3.7M -26,458 -17%
TBA
249
Tower Bridge Advisors
Pennsylvania
$17.8M +$660K +4,718 +4%
PP
250
PrairieView Partners
Minnesota
$17.8M +$2.65M +18,936 +17%

MMM Hedge Fund Activity: Q3 2019 in Review

1,901 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q3 2019, worth a combined $63.9B — down 5.8% from $67.8B a quarter earlier.

Sellers outnumbered buyers: 129 funds closed out of MMM and 108 opened new positions — a net loss of 21 holders — while 818 trimmed existing stakes and 693 added.

The largest buyer was BlackRock, adding an estimated $254M. The largest seller was Fundsmith LLP, exiting entirely with an estimated $612M sold.

  • 1,901 institutional investors held 3M (MMM) as of Q3 2019, down from 1,932 in Q2 2019.
  • Funds reported $63.9B of 3M stock for Q3 2019, down 5.8% quarter-over-quarter.
  • 108 funds opened new 3M positions in Q3 2019 and 129 closed out, a net change of -21 holders.
  • The largest 3M buyer in Q3 2019 was BlackRock, an estimated $254M added.
  • The largest 3M seller in Q3 2019 was Fundsmith LLP, an estimated $612M sold.

Based on aggregated 13F filings for Q3 2019.