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1,905 hedge funds and large institutions have $78.5B invested in 3M in 2018 Q2 according to their latest regulatory filings, with 95 funds opening new positions, 728 increasing their positions, 781 reducing their positions, and 108 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.64% more ownership

Funds ownership: 79.95%80.59% (+0.64%)

7% less repeat investments, than reductions

Existing positions increased: 728 | Existing positions reduced: 781

1% less funds holding

Funds holding: 1,9341,905 (-29)

10% less capital invested

Capital invested by funds: $87.2B → $78.5B (-$8.71B)

12% less first-time investments, than exits

New positions opened: 95 | Existing positions closed: 108

34% less funds holding in top 10

Funds holding in top 10: 14999 (-50)

45% less call options, than puts

Call options by funds: $659M | Put options by funds: $1.21B

Holders
1,905
Holders Change
-29
Holders Change %
-1.5%
% of All Funds
43.61%
Holding in Top 10
99
Holding in Top 10 Change
-50
Holding in Top 10 Change %
-33.56%
% of All Funds
2.27%
New
95
Increased
728
Reduced
781
Closed
108
Calls
$659M
Puts
$1.21B
Net Calls
-$548M
Net Calls Change
+$7.43M
Name Holding Trade Value Shares
Change
Change in
Stake
Mitsubishi UFJ Trust & Banking
51
Mitsubishi UFJ Trust & Banking
Japan
$248M +$686K +4,021 +0.3%
APG Asset Management
52
APG Asset Management
Netherlands
$246M -$63.5M -371,813 -18%
AllianceBernstein
53
AllianceBernstein
Tennessee
$234M -$9.13M -53,525 -4%
RhumbLine Advisers
54
RhumbLine Advisers
Massachusetts
$215M +$1.22M +7,160 +0.6%
CS
55
Credit Suisse
Switzerland
$215M +$6.03M +35,326 +3%
CSIA
56
Charles Schwab Investment Advisory
California
$213M +$221M +1,296,719 New
EVM
57
Eaton Vance Management
Massachusetts
$206M -$269M -1,574,874 -56%
TA
58
Teachers Advisors
New York
$200M -$96.2M -563,965 -32%
California State Teachers Retirement System (CalSTRS)
59
California State Teachers Retirement System (CalSTRS)
California
$198M +$1.04M +6,105 +0.5%
Asset Management One
60
Asset Management One
Japan
$190M -$5.08M -29,756 -3%
New York State Teachers Retirement System (NYSTRS)
61
New York State Teachers Retirement System (NYSTRS)
New York
$186M -$6.9M -40,458 -3%
BG
62
Bahl & Gaynor
Ohio
$185M +$11.8M +69,318 +7%
Schroder Investment Management Group
63
Schroder Investment Management Group
United Kingdom
$185M +$16.4M +96,036 +9%
KeyBank National Association
64
KeyBank National Association
Ohio
$183M -$994K -5,826 -0.5%
SP
65
Sarasin & Partners
United Kingdom
$179M +$39.2M +229,456 +27%
PAMU
66
Pictet Asset Management (UK)
United Kingdom
$176M -$91M -533,465 -33%
Grantham, Mayo, Van Otterloo & Co (GMO)
67
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$170M +$92.7M +543,182 +111%
Prudential Financial
68
Prudential Financial
New Jersey
$165M -$126M -736,741 -42%
State Board of Administration of Florida Retirement System
69
State Board of Administration of Florida Retirement System
Florida
$154M -$1.85M -10,852 -1%
BNP Paribas Financial Markets
70
BNP Paribas Financial Markets
France
$153M +$129M +755,275 +431%
1832 Asset Management
71
1832 Asset Management
Ontario, Canada
$151M +$43.5M +254,783 +38%
Bank of Montreal
72
Bank of Montreal
Ontario, Canada
$151M +$6.59M +38,627 +4%
Barclays
73
Barclays
United Kingdom
$150M -$21.2M -124,197 -12%
AAMU
74
Amundi Asset Management US
Massachusetts
$149M +$931K +5,457 +0.6%
JFL
75
Jarislowsky, Fraser Ltd
Quebec, Canada
$148M +$9.87M +57,823 +7%

MMM Hedge Fund Activity: Q2 2018 in Review

1,905 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2018, worth a combined $78.5B — down 10% from $87.2B a quarter earlier.

Sellers outnumbered buyers: 108 funds closed out of MMM and 95 opened new positions — a net loss of 13 holders — while 781 trimmed existing stakes and 728 added.

The largest buyer was Parnassus Investments, opening a new position worth an estimated $733M. The largest seller was TIAA CREF Investment Management, cutting an estimated $434M.

  • 1,905 institutional investors held 3M (MMM) as of Q2 2018, down from 1,934 in Q1 2018.
  • Funds reported $78.5B of 3M stock for Q2 2018, down 10% quarter-over-quarter.
  • 95 funds opened new 3M positions in Q2 2018 and 108 closed out, a net change of -13 holders.
  • The largest 3M buyer in Q2 2018 was Parnassus Investments, an estimated $733M added.
  • The largest 3M seller in Q2 2018 was TIAA CREF Investment Management, an estimated $434M sold.

Based on aggregated 13F filings for Q2 2018.