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1,833 hedge funds and large institutions have $33.5B invested in 3M in 2023 Q3 according to their latest regulatory filings, with 134 funds opening new positions, 655 increasing their positions, 782 reducing their positions, and 157 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.88% less ownership

Funds ownership: 79.22%77.34% (-1.9%)

2% less funds holding

Funds holding: 1,8781,833 (-45)

6% less capital invested

Capital invested by funds: $35.8B → $33.5B (-$2.32B)

13% less call options, than puts

Call options by funds: $840M | Put options by funds: $970M

15% less first-time investments, than exits

New positions opened: 134 | Existing positions closed: 157

16% less repeat investments, than reductions

Existing positions increased: 655 | Existing positions reduced: 782

25% less funds holding in top 10

Funds holding in top 10: 2015 (-5)

Holders
1,833
Holders Change
-45
Holders Change %
-2.4%
% of All Funds
29.09%
Holding in Top 10
15
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-25%
% of All Funds
0.24%
New
134
Increased
655
Reduced
782
Closed
157
Calls
$840M
Puts
$970M
Net Calls
-$130M
Net Calls Change
+$122M
Name Holding Trade Value Shares
Change
Change in
Stake
JC
426
JB Capital
Connecticut
$3.47M +$982K +11,442 +35%
TSS
427
Two Sigma Securities
New York
$3.47M -$2.9M -33,824 -43%
SYBT
428
Stock Yards Bank & Trust
Kentucky
$3.45M -$154K -1,799 -4%
SLWA
429
San Luis Wealth Advisors
California
$3.44M +$1.69M +19,738 +81%
SWP
430
Stratos Wealth Partners
Ohio
$3.41M +$182K +2,117 +5%
TI
431
Tidal Investments
Wisconsin
$3.4M +$1.02M +11,910 +38%
GT
432
Glenview Trust
Kentucky
$3.39M -$191K -2,223 -5%
CCG
433
Cypress Capital Group
Florida
$3.39M +$95.9K +1,117 +3%
FMII
434
Farmers & Merchants Investments Inc
Nebraska
$3.34M -$294K -3,427 -7%
MIA
435
MainStreet Investment Advisors
Illinois
$3.34M -$183K -2,135 -5%
AWS
436
Atria Wealth Solutions
New York
$3.33M -$18.1K -211 -0.5%
LA
437
Lakeside Advisors
Washington
$3.31M -$96.3K -1,121 -3%
IFAM
438
Institutional & Family Asset Management
Colorado
$3.3M +$42.1K +490 +1%
MCM
439
Monarch Capital Management
Indiana
$3.3M -$99.1K -1,154 -3%
MSAM
440
Moloney Securities Asset Management
Missouri
$3.3M +$3.41M +39,761 +1,651%
CI
441
CX Institutional
Indiana
$3.29M -$298K -3,469 -8%
Parallax Volatility Advisers
442
Parallax Volatility Advisers
California
$3.28M +$3.37M +39,237 +1,479%
AIM
443
Achmea Investment Management
Netherlands
$3.25M -$226K -2,637 -6%
KA
444
Kintegral Advisory
New York
$3.22M -$1.98K -23 -0.1%
LSERS
445
Louisiana State Employees Retirement System
Louisiana
$3.2M +$10.2K +119 +0.3%
WorldQuant Millennium Advisors
446
WorldQuant Millennium Advisors
New York
$3.19M +$3.5M +40,811 New
TPWA
447
TRUE Private Wealth Advisors
Oregon
$3.19M +$254K +2,953 +8%
MFA
448
Mayflower Financial Advisors
Massachusetts
$3.19M +$4.55K +53 +0.1%
NB
449
Norinchukin Bank
Japan
$3.18M -$602K -7,007 -15%
MSS
450
Mitchell Sinkler & Starr
Pennsylvania
$3.17M +$533K +6,213 +18%

MMM Hedge Fund Activity: Q3 2023 in Review

1,833 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q3 2023, worth a combined $33.5B — down 6.5% from $35.8B a quarter earlier.

Sellers outnumbered buyers: 157 funds closed out of MMM and 134 opened new positions — a net loss of 23 holders — while 782 trimmed existing stakes and 655 added.

The largest buyer was Bank of America, adding an estimated $372M. The largest seller was EP Wealth Advisors, cutting an estimated $666M.

  • 1,833 institutional investors held 3M (MMM) as of Q3 2023, down from 1,878 in Q2 2023.
  • Funds reported $33.5B of 3M stock for Q3 2023, down 6.5% quarter-over-quarter.
  • 134 funds opened new 3M positions in Q3 2023 and 157 closed out, a net change of -23 holders.
  • The largest 3M buyer in Q3 2023 was Bank of America, an estimated $372M added.
  • The largest 3M seller in Q3 2023 was EP Wealth Advisors, an estimated $666M sold.

Based on aggregated 13F filings for Q3 2023.