3M
1,955 hedge funds and large institutions have $94.1B invested in 3M in 2017 Q4 according to their latest regulatory filings, with 286 funds opening new positions, 586 increasing their positions, 799 reducing their positions, and 52 closing their positions.
450% more first-time investments, than exits
New positions opened: 286 | Existing positions closed: 52
13% more funds holding
Funds holding: 1,736 → 1,955 (+219)
12% more funds holding in top 10
Funds holding in top 10: 145 → 163 (+18)
12% more capital invested
Capital invested by funds: $84.1B → $94.1B (+$9.99B)
0.08% more ownership
Funds ownership: 80.29% → 80.37% (+0.08%)
27% less repeat investments, than reductions
Existing positions increased: 586 | Existing positions reduced: 799
74% less call options, than puts
Call options by funds: $474M | Put options by funds: $1.84B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$249M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$232M |
| 3 |
State Street
Boston,
Massachusetts
|
+$197M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$187M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$184M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$845M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$303M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$255M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$189M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$166M |
MMM Hedge Fund Activity: Q4 2017 in Review
1,955 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q4 2017, worth a combined $94.1B — up 12% from $84.1B a quarter earlier.
Buyers outnumbered sellers: 286 funds opened new MMM positions and 52 closed out — a net gain of 234 holders — while 586 added to existing stakes and 799 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $249M. The largest seller was Massachusetts Financial Services, cutting an estimated $845M.
- 1,955 institutional investors held 3M (MMM) as of Q4 2017, up from 1,736 in Q3 2017.
- Funds reported $94.1B of 3M stock for Q4 2017, up 12% quarter-over-quarter.
- 286 funds opened new 3M positions in Q4 2017 and 52 closed out, a net change of +234 holders.
- The largest 3M buyer in Q4 2017 was Fidelity Investments, an estimated $249M added.
- The largest 3M seller in Q4 2017 was Massachusetts Financial Services, an estimated $845M sold.
Based on aggregated 13F filings for Q4 2017.