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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
AIS
401
American Investment Services
Massachusetts
$3.81M +$3.02M +35,569 +356%
CI
402
CX Institutional
Indiana
$3.81M -$658K -7,747 -15%
MIA
403
MainStreet Investment Advisors
Illinois
$3.75M -$144K -1,693 -4%
BCM
404
Birmingham Capital Management
Alabama
$3.7M -$373K -4,389 -9%
AIM
405
Achmea Investment Management
Netherlands
$3.7M +$831K +9,778 +28%
WSFS
406
Wilmington Savings Fund Society
Delaware
$3.7M -$4.53M -53,349 -55%
CS
407
Candriam SCA
Luxembourg
$3.7M -$4.61M -54,270 -55%
OAM
408
Oppenheimer Asset Management
New York
$3.68M -$137K -1,607 -4%
CMP
409
Coston McIsaac & Partners
Maine
$3.66M +$204K +2,405 +6%
VPIM
410
Vanguard Personalized Indexing Management
California
$3.66M +$1.18M +13,847 +46%
LA
411
Lakeside Advisors
Washington
$3.64M -$90.3K -1,063 -2%
MCM
412
Monarch Capital Management
Indiana
$3.63M -$176K -2,075 -5%
MAM
413
Martingale Asset Management
Massachusetts
$3.6M +$255 +3 +0%
BIA
414
Barry Investment Advisors
Massachusetts
$3.6M -$1.38M -16,200 -27%
FI
415
Fosun International
China
$3.6M
AWS
416
Atria Wealth Solutions
New York
$3.58M -$422K -4,962 -10%
CCG
417
Cypress Capital Group
Florida
$3.53M -$106K -1,251 -3%
CA
418
Cetera Advisors
Colorado
$3.52M -$59.6K -702 -2%
IFAM
419
Institutional & Family Asset Management
Colorado
$3.49M +$83.6K +984 +2%
SPIA
420
Steward Partners Investment Advisory
New York
$3.49M +$22.3K +263 +0.6%
SAM
421
Sompo Asset Management
Japan
$3.48M +$758K +8,922 +27%
SL
422
Summitry LLC
California
$3.48M +$244K +2,868 +7%
SWP
423
Stratos Wealth Partners
Ohio
$3.47M +$412K +4,852 +13%
WA
424
Waverly Advisors
Alabama
$3.45M +$3.26M +38,401 +1,337%
GIP
425
Greatmark Investment Partners
Georgia
$3.45M -$321K -3,782 -8%

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.