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1,878 hedge funds and large institutions have $35.8B invested in 3M in 2023 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 654 increasing their positions, 854 reducing their positions, and 175 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more funds holding in top 10

Funds holding in top 10: 1920 (+1)

0.45% more ownership

Funds ownership: 78.77%79.22% (+0.45%)

4% less funds holding

Funds holding: 1,9531,878 (-75)

6% less capital invested

Capital invested by funds: $38.1B → $35.8B (-$2.24B)

21% less call options, than puts

Call options by funds: $924M | Put options by funds: $1.18B

23% less repeat investments, than reductions

Existing positions increased: 654 | Existing positions reduced: 854

35% less first-time investments, than exits

New positions opened: 113 | Existing positions closed: 175

Holders
1,878
Holders Change
-75
Holders Change %
-3.84%
% of All Funds
29.48%
Holding in Top 10
20
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.26%
% of All Funds
0.31%
New
113
Increased
654
Reduced
854
Closed
175
Calls
$924M
Puts
$1.18B
Net Calls
-$252M
Net Calls Change
-$133M
Name Holding Trade Value Shares
Change
Change in
Stake
Rockefeller Capital Management
251
Rockefeller Capital Management
New York
$8.62M +$202K +2,379 +2%
Mackenzie Financial
252
Mackenzie Financial
Ontario, Canada
$8.55M +$1.3M +15,312 +18%
KAS
253
Kestra Advisory Services
Texas
$8.48M +$120K +1,418 +1%
X
254
Xponance
Pennsylvania
$8.39M -$148K -1,740 -2%
RFC
255
Regions Financial Corp
Alabama
$8.34M -$635K -7,479 -7%
JFL
256
Jarislowsky, Fraser Ltd
Quebec, Canada
$8.33M -$1.77M -20,876 -17%
Janus Henderson Group
257
Janus Henderson Group
United Kingdom
$8.15M -$888K -10,450 -10%
PVI
258
Pine Valley Investments
New Jersey
$8.13M +$8.25M +97,159 New
Calamos Advisors
259
Calamos Advisors
Illinois
$8.13M
ONB
260
Old National Bancorp
Indiana
$8.08M +$1.34M +15,755 +20%
HFRG
261
Houlihan Financial Resource Group
Virginia
$8.07M +$7.76M +91,386 +2,536%
GHA
262
GW Henssler & Associates
Georgia
$8.04M +$421K +4,956 +5%
MOACM
263
Mutual of America Capital Management
New York
$7.95M +$57.9K +682 +0.7%
HIC
264
Harvey Investment Company
Kentucky
$7.9M -$1.43M -16,858 -15%
PP
265
Prudential plc
United Kingdom
$7.87M -$2.84M -33,462 -26%
WIC
266
Wilkins Investment Counsel
Massachusetts
$7.85M -$623K -7,332 -7%
RJT
267
Raymond James Trust
Florida
$7.84M +$32.9K +387 +0.4%
BMSSC
268
B. Metzler seel. Sohn & Co
Germany
$7.75M +$724K +8,520 +10%
Northwestern Mutual Wealth Management
269
Northwestern Mutual Wealth Management
Wisconsin
$7.67M -$301K -3,542 -4%
MC
270
Mayar Capital
United Kingdom
$7.62M
CB
271
Commerce Bank
Missouri
$7.59M -$43.6K -513 -0.6%
AAF
272
Andra AP-fonden
Sweden
$7.34M +$1.51M +17,820 +25%
SG Americas Securities
273
SG Americas Securities
New York
$7.33M +$3.29M +38,685 +79%
FCI
274
Financial Counselors Inc
Kansas
$7.1M -$98.6K -1,161 -1%
KFP
275
Keystone Financial Planning
Ohio
$7.1M +$20.5K +241 +0.3%

MMM Hedge Fund Activity: Q2 2023 in Review

1,878 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2023, worth a combined $35.8B — down 5.9% from $38.1B a quarter earlier.

Sellers outnumbered buyers: 175 funds closed out of MMM and 113 opened new positions — a net loss of 62 holders — while 854 trimmed existing stakes and 654 added.

The largest buyer was EP Wealth Advisors, adding an estimated $659M. The largest seller was Fisher Asset Management, cutting an estimated $402M.

  • 1,878 institutional investors held 3M (MMM) as of Q2 2023, down from 1,953 in Q1 2023.
  • Funds reported $35.8B of 3M stock for Q2 2023, down 5.9% quarter-over-quarter.
  • 113 funds opened new 3M positions in Q2 2023 and 175 closed out, a net change of -62 holders.
  • The largest 3M buyer in Q2 2023 was EP Wealth Advisors, an estimated $659M added.
  • The largest 3M seller in Q2 2023 was Fisher Asset Management, an estimated $402M sold.

Based on aggregated 13F filings for Q2 2023.