We are live on ! Find out more

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
PA
526
Pinnacle Associates
New York
$2.3M -$18.7K -218 -0.7%
RWM
527
Ritholtz Wealth Management
New York
$2.3M +$86.2K +1,004 +4%
SDIC
528
South Dakota Investment Council
South Dakota
$2.29M +$41K +478 +2%
TC
529
Trilogy Capital
California
$2.28M +$265K +3,089 +12%
BBHC
530
Brown Brothers Harriman & Co
New York
$2.28M -$234K -2,721 -9%
SFA
531
Sequoia Financial Advisors
Ohio
$2.27M -$93.7K -1,091 -4%
SW
532
SVB Wealth
Massachusetts
$2.27M -$143K -1,667 -5%
MS
533
Maven Securities
Jersey
$2.26M +$2.48M +28,901 New
AIP
534
Ameritas Investment Partners
Nebraska
$2.26M +$1.51M +17,619 +157%
IAA
535
Independent Advisor Alliance
North Carolina
$2.25M -$56.2K -654 -2%
API
536
Advisor Partners II
California
$2.25M +$548K +6,382 +29%
SMI
537
Shelter Mutual Insurance
Missouri
$2.24M
HW
538
Hancock Whitney
Mississippi
$2.24M +$489K +5,698 +25%
MCM
539
MAI Capital Management
Ohio
$2.24M -$57.7K -672 -2%
LJHT
540
Laurie J. Hall Trustee
$2.24M -$120K -1,397 -5%
MWM
541
Modera Wealth Management
New Jersey
$2.23M -$453K -5,276 -16%
MCM
542
Mengis Capital Management
Oregon
$2.19M -$49K -571 -2%
SFI
543
Siemens Fonds Invest
Germany
$2.18M -$91.1K -1,061 -4%
CANC
544
Culbertson A N & Co
Virginia
$2.18M -$78K -909 -3%
ACM
545
Argyle Capital Management
Pennsylvania
$2.17M +$205K +2,392 +9%
DTL
546
Dynamic Technology Lab
Singapore
$2.17M -$768K -8,941 -24%
BC
547
Burney Company
Virginia
$2.17M -$13.3K -155 -0.6%
CA
548
Cornerstone Advisors
North Carolina
$2.16M +$2.37M +27,628 New
PRC
549
Pearl River Capital
Michigan
$2.16M +$2.37M +27,564 New
PMAM
550
Penn Mutual Asset Management
Pennsylvania
$2.15M

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.