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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
OIM
651
Orca Investment Management
Oregon
$1.56M -$30.5K -355 -2%
FNBTCON
652
First National Bank & Trust Co of Newtown
Pennsylvania
$1.56M -$168K -1,956 -9%
AF
653
Advisornet Financial
Minnesota
$1.56M -$429K -4,998 -20%
GVAG
654
Great Valley Advisor Group
Delaware
$1.56M +$59.5K +693 +4%
IIM
655
Ipswich Investment Management
Massachusetts
$1.55M -$169K -1,973 -9%
KPWS
656
Kestra Private Wealth Services
Texas
$1.55M -$20.2K -235 -1%
GLA
657
Great Lakes Advisors
Illinois
$1.53M +$408K +4,754 +32%
IFG
658
Independent Financial Group
California
$1.53M +$158K +1,843 +10%
CC
659
Cannell & Co
New York
$1.52M -$30.8K -359 -2%
PL
660
Perpetual Ltd
Australia
$1.52M +$155K +1,805 +10%
LWANC
661
Laurel Wealth Advisors (North Carolina)
North Carolina
$1.51M -$247K -2,872 -13%
QCM
662
Qsemble Capital Management
New York
$1.51M -$61.6K -717 -4%
CIC
663
Cornercap Investment Counsel
Georgia
$1.51M +$29.1K +339 +2%
BA
664
Bristlecone Advisors
Washington
$1.5M +$147K +1,707 +10%
CIAS
665
Capital Investment Advisory Services
North Carolina
$1.5M -$132K -1,539 -7%
CRB
666
Chad R. Baker
$1.5M
CI
667
Ceera Investments
Texas
$1.5M +$103K +1,198 +7%
FP
668
Financial Perspectives
Minnesota
$1.48M +$601 +7 +0%
TYCC
669
Texas Yale Capital Corp
Florida
$1.48M -$34.8K -405 -2%
NRS
670
Neville Rodie & Shaw
New York
$1.48M
PFS
671
Physicians Financial Services
North Carolina
$1.48M -$30.8K -359 -2%
BFA
672
Buttonwood Financial Advisors
Maryland
$1.47M +$45.8K +533 +3%
CCIA
673
Cherry Creek Investment Advisors
Colorado
$1.46M +$1.38M +16,067 +608%
AAIM
674
Asset Advisors Investment Management
Georgia
$1.45M
DFA
675
Delta Financial Advisors
Louisiana
$1.45M +$226K +2,636 +17%

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.