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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
SW
501
SVB Wealth
Massachusetts
$2.57M -$231K -2,716 -8%
PWM
502
Perigon Wealth Management
California
$2.55M +$24.1K +284 +0.9%
LA
503
Lynch & Associates
Indiana
$2.53M +$398K +4,680 +18%
SFA
504
Sequoia Financial Advisors
Ohio
$2.52M -$7.17M -84,392 -74%
LJHT
505
Laurie J. Hall Trustee
$2.51M -$82.7K -973 -3%
TCM
506
Twin Capital Management
Pennsylvania
$2.5M -$112K -1,313 -4%
SFP
507
Sweet Financial Partners
Minnesota
$2.5M -$27.1K -319 -1%
RC
508
RBF Capital
California
$2.5M +$1.02M +11,960 +67%
WAM
509
WFA Asset Management
Wisconsin
$2.5M +$1.22M +14,349 +92%
PA
510
Pinnacle Associates
New York
$2.48M +$1.26M +14,829 +100%
SS
511
Simplicity Solutions
Minnesota
$2.48M -$208K -2,443 -8%
BTW
512
Boston Trust Walden
Massachusetts
$2.47M -$1.05M -12,327 -29%
IAA
513
Independent Advisor Alliance
North Carolina
$2.46M +$81K +953 +3%
MCM
514
MAI Capital Management
Ohio
$2.45M -$480K -5,656 -16%
RWA
515
Ropes Wealth Advisors
Massachusetts
$2.44M +$199K +2,341 +9%
SDIC
516
South Dakota Investment Council
South Dakota
$2.41M +$81.3K +957 +3%
MLICM
517
Metropolitan Life Insurance Company (MetLife)
New York
$2.41M -$59K -695 -2%
SFI
518
Siemens Fonds Invest
Germany
$2.41M -$35.5K -418 -1%
CANC
519
Culbertson A N & Co
Virginia
$2.4M -$121K -1,426 -5%
SMI
520
Shelter Mutual Insurance
Missouri
$2.4M
MCM
521
Mengis Capital Management
Oregon
$2.39M -$140K -1,650 -5%
RWM
522
Ritholtz Wealth Management
New York
$2.37M +$1.63M +19,233 +211%
N
523
Natixis
France
$2.36M -$4.54M -53,494 -66%
OC
524
Oppenheimer & Co
New York
$2.35M +$178K +2,094 +8%
Capstone Investment Advisors
525
Capstone Investment Advisors
New York
$2.35M +$826K +9,725 +53%

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.