3M
1,959 hedge funds and large institutions have $73.4B invested in 3M in 2018 Q4 according to their latest regulatory filings, with 199 funds opening new positions, 629 increasing their positions, 829 reducing their positions, and 117 closing their positions.
70% more first-time investments, than exits
New positions opened: 199 | Existing positions closed: 117
11% more funds holding in top 10
Funds holding in top 10: 100 → 111 (+11)
3% more funds holding
Funds holding: 1,897 → 1,959 (+62)
0.16% less ownership
Funds ownership: 79.98% → 79.82% (-0.16%)
11% less capital invested
Capital invested by funds: $82.6B → $73.4B (-$9.18B)
24% less repeat investments, than reductions
Existing positions increased: 629 | Existing positions reduced: 829
29% less call options, than puts
Call options by funds: $591M | Put options by funds: $837M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$319M |
| 2 |
BlackRock
New York
|
+$229M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$184M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$154M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$332M |
| 2 |
Morgan Stanley
New York
|
-$280M |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$239M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$214M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$152M |
MMM Hedge Fund Activity: Q4 2018 in Review
1,959 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q4 2018, worth a combined $73.4B — down 11% from $82.6B a quarter earlier.
Buyers outnumbered sellers: 199 funds opened new MMM positions and 117 closed out — a net gain of 82 holders — while 629 added to existing stakes and 829 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $319M. The largest seller was Fidelity Investments, cutting an estimated $332M.
- 1,959 institutional investors held 3M (MMM) as of Q4 2018, up from 1,897 in Q3 2018.
- Funds reported $73.4B of 3M stock for Q4 2018, down 11% quarter-over-quarter.
- 199 funds opened new 3M positions in Q4 2018 and 117 closed out, a net change of +82 holders.
- The largest 3M buyer in Q4 2018 was Wellington Management Group, an estimated $319M added.
- The largest 3M seller in Q4 2018 was Fidelity Investments, an estimated $332M sold.
Based on aggregated 13F filings for Q4 2018.