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1,905 hedge funds and large institutions have $78.5B invested in 3M in 2018 Q2 according to their latest regulatory filings, with 95 funds opening new positions, 728 increasing their positions, 781 reducing their positions, and 108 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.64% more ownership

Funds ownership: 79.95%80.59% (+0.64%)

7% less repeat investments, than reductions

Existing positions increased: 728 | Existing positions reduced: 781

1% less funds holding

Funds holding: 1,9341,905 (-29)

10% less capital invested

Capital invested by funds: $87.2B → $78.5B (-$8.71B)

12% less first-time investments, than exits

New positions opened: 95 | Existing positions closed: 108

34% less funds holding in top 10

Funds holding in top 10: 14999 (-50)

45% less call options, than puts

Call options by funds: $659M | Put options by funds: $1.21B

Holders
1,905
Holders Change
-29
Holders Change %
-1.5%
% of All Funds
43.61%
Holding in Top 10
99
Holding in Top 10 Change
-50
Holding in Top 10 Change %
-33.56%
% of All Funds
2.27%
New
95
Increased
728
Reduced
781
Closed
108
Calls
$659M
Puts
$1.21B
Net Calls
-$548M
Net Calls Change
+$7.43M
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
26
Deutsche Bank
Germany
$500M -$150M -878,852 -22%
Janus Henderson Group
27
Janus Henderson Group
United Kingdom
$490M +$15.9M +93,129 +3%
ClearBridge Investments
28
ClearBridge Investments
New York
$473M -$2.95M -17,271 -0.6%
Franklin Resources
29
Franklin Resources
California
$473M +$271M +1,587,340 +123%
TCIM
30
TIAA CREF Investment Management
New York
$472M -$434M -2,543,271 -47%
Fiera Capital (Canada)
31
Fiera Capital (Canada)
Quebec, Canada
$419M +$21M +123,320 +5%
Sumitomo Mitsui Trust Group
32
Sumitomo Mitsui Trust Group
Japan
$414M +$25.6M +149,963 +6%
Caisse de Depot et Placement du Quebec (CDPQ)
33
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$402M +$44.3M +259,532 +12%
Swiss National Bank
34
Swiss National Bank
Switzerland
$401M +$11.9M +69,966 +3%
FPP
35
Findlay Park Partners
United Kingdom
$401M -$13.7M -80,132 -3%
PPA
36
Parametric Portfolio Associates
Washington
$400M -$29.3M -171,506 -7%
UBS AM
37
UBS AM
Illinois
$389M -$2.01M -11,766 -0.5%
JP Morgan Chase
38
JP Morgan Chase
New York
$378M -$41.4M -242,802 -10%
American Century Companies
39
American Century Companies
Missouri
$358M -$9.12M -53,417 -2%
Neuberger Berman Group
40
Neuberger Berman Group
New York
$355M +$70.1M +410,511 +23%
Dimensional Fund Advisors
41
Dimensional Fund Advisors
Texas
$341M +$9.16M +53,693 +3%
New York State Common Retirement Fund
42
New York State Common Retirement Fund
New York
$306M -$20.7M -121,394 -6%
O
43
OppenheimerFunds
New York
$300M +$25M +146,248 +9%
Capital Research Global Investors
44
Capital Research Global Investors
California
$300M +$182M +1,067,029 +141%
MPI
45
Mairs & Power Inc
Minnesota
$299M +$22M +129,120 +8%
JIM
46
Jensen Investment Management
Oregon
$297M +$27.1M +158,529 +10%
California Public Employees Retirement System
47
California Public Employees Retirement System
California
$281M -$6.2M -36,311 -2%
Ameriprise
48
Ameriprise
Minnesota
$265M -$24.6M -144,338 -8%
T. Rowe Price Associates
49
T. Rowe Price Associates
Maryland
$259M -$68.1M -399,126 -20%
Principal Financial Group
50
Principal Financial Group
Iowa
$258M -$3.13M -18,333 -1%

MMM Hedge Fund Activity: Q2 2018 in Review

1,905 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2018, worth a combined $78.5B — down 10% from $87.2B a quarter earlier.

Sellers outnumbered buyers: 108 funds closed out of MMM and 95 opened new positions — a net loss of 13 holders — while 781 trimmed existing stakes and 728 added.

The largest buyer was Parnassus Investments, opening a new position worth an estimated $733M. The largest seller was TIAA CREF Investment Management, cutting an estimated $434M.

  • 1,905 institutional investors held 3M (MMM) as of Q2 2018, down from 1,934 in Q1 2018.
  • Funds reported $78.5B of 3M stock for Q2 2018, down 10% quarter-over-quarter.
  • 95 funds opened new 3M positions in Q2 2018 and 108 closed out, a net change of -13 holders.
  • The largest 3M buyer in Q2 2018 was Parnassus Investments, an estimated $733M added.
  • The largest 3M seller in Q2 2018 was TIAA CREF Investment Management, an estimated $434M sold.

Based on aggregated 13F filings for Q2 2018.