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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
VVP
701
Venture Visionary Partners
Ohio
$1.34M -$14.4K -168 -1%
CWM
702
C2C Wealth Management
Arizona
$1.33M
DBT
703
Dubuque Bank & Trust
Iowa
$1.33M -$26.6K -310 -2%
FWCM
704
Ferguson Wellman Capital Management
Oregon
$1.33M -$77.9K -907 -5%
SC
705
Stolper & Co
Oklahoma
$1.32M +$46.1K +537 +3%
BIA
706
Barry Investment Advisors
Massachusetts
$1.32M -$2.25M -26,151 -61%
RIL
707
Rothschild Investment LLC
Illinois
$1.32M +$319K +3,714 +28%
GFS
708
GYL Financial Synergies
Connecticut
$1.32M +$40.9K +476 +3%
AAS
709
Ameritas Advisory Services
Nebraska
$1.32M +$976K +11,365 +198%
DIA
710
Dana Investment Advisors
Wisconsin
$1.31M -$3.52K -41 -0.2%
EI
711
EDMP Inc
Florida
$1.31M +$235K +2,735 +20%
WWM
712
Western Wealth Management
Colorado
$1.31M +$896K +10,441 +167%
Kovitz Investment Group Partners
713
Kovitz Investment Group Partners
Illinois
$1.3M +$18.3K +213 +1%
VCA
714
Verdence Capital Advisors
Maryland
$1.3M +$417K +4,854 +41%
CAM
715
Carret Asset Management
New York
$1.28M -$252K -2,936 -15%
PCIA
716
Prime Capital Investment Advisors
Kansas
$1.28M -$121K -1,415 -8%
LNC
717
Lincoln National Corp
Pennsylvania
$1.28M -$5.41K -63 -0.4%
ACM
718
Allred Capital Management
Texas
$1.28M -$15.6K -182 -1%
CWA
719
CM Wealth Advisors
Ohio
$1.28M +$102K +1,184 New
IA
720
IFG Advisory
Georgia
$1.27M +$19.8K +231 +1%
LFG
721
Lazard Frères Gestion
France
$1.26M +$17.1K +199 +1%
LIA
722
LS Investment Advisors
Michigan
$1.25M +$343 +4 +0%
ST
723
Smithfield Trust
Pennsylvania
$1.24M -$28.8K -335 -2%
WPC
724
Waters Parkerson & Co
Louisiana
$1.24M -$22.6K -263 -2%
MIM
725
Miller Investment Management
Pennsylvania
$1.24M

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.