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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
FMWA
651
Forvis Mazars Wealth Advisors
Missouri
$1.6M +$389K +4,574 +32%
FP
652
Financial Perspectives
Minnesota
$1.59M +$595 +7 +0%
CIC
653
Cornercap Investment Counsel
Georgia
$1.58M -$54.2K -638 -3%
NRS
654
Neville Rodie & Shaw
New York
$1.58M -$20.3K -239 -1%
FNFDCM
655
Folger Nolan Fleming Douglas Capital Management
District of Columbia
$1.57M -$46.5K -547 -3%
UCI
656
Uncommon Cents Investing
Wisconsin
$1.57M +$213K +2,505 +15%
AAIM
657
Asset Advisors Investment Management
Georgia
$1.55M -$71.1K -837 -4%
MPPW
658
Mitchell & Pahl Private Wealth
Oklahoma
$1.55M +$106K +1,250 +7%
IIM
659
Intact Investment Management
Quebec, Canada
$1.54M -$1.73M -20,332 -52%
BCM
660
Buckhead Capital Management
Georgia
$1.53M -$473K -5,568 -23%
BFA
661
Buttonwood Financial Advisors
Maryland
$1.53M +$114K +1,337 +8%
HHAA
662
Henry H. Armstrong Associates
Pennsylvania
$1.52M -$18.8K -221 -1%
ACP
663
Aviance Capital Partners
Florida
$1.51M +$20.2K +238 +1%
TCA
664
Transcend Capital Advisors
New Jersey
$1.51M +$15.7K +185 +1%
CWM
665
C2C Wealth Management
Arizona
$1.51M +$62.5K +736 +4%
CCP
666
Clough Capital Partners
Massachusetts
$1.5M
PI
667
PFG Investments
New York
$1.5M +$1.05M +12,353 +221%
CI
668
Ceera Investments
Texas
$1.5M +$48.1K +566 +3%
FWCM
669
Ferguson Wellman Capital Management
Oregon
$1.49M -$201K -2,371 -12%
PCIA
670
Prime Capital Investment Advisors
Kansas
$1.49M +$700K +8,245 +86%
SGC
671
Slocum, Gordon & Co
Rhode Island
$1.49M -$25.8K -304 -2%
FMTC
672
Farmers & Merchants Trust Company
California
$1.49M -$43.6K -513 -3%
IFG
673
Independent Financial Group
California
$1.48M +$145K +1,712 +11%
NGA
674
Naples Global Advisors
Florida
$1.48M -$282K -3,320 -16%
BFO
675
Biltmore Family Office
North Carolina
$1.47M -$595 -7 -0%

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.