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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
LNWWM
751
Laird Norton Wetherby Wealth Management
California
$1.18M +$133K +1,547 +11%
AWA
752
Arkadios Wealth Advisors
Georgia
$1.17M +$772K +8,994 +150%
CCB
753
Country Club Bank
Missouri
$1.17M +$47.8K +557 +4%
FMWA
754
Forvis Mazars Wealth Advisors
Missouri
$1.17M -$356K -4,147 -22%
HI
755
Harbour Investments
Wisconsin
$1.17M +$40.6K +473 +3%
FC
756
FCA Corp
Texas
$1.17M +$46.5K +542 +4%
EBWM
757
Eagle Bluffs Wealth Management
Missouri
$1.16M +$1.27M +14,817 New
AMG
758
Advisors Management Group
Wisconsin
$1.16M +$54.5K +635 +4%
WCM
759
Whitener Capital Management
North Carolina
$1.16M -$47.2K -550 -4%
VDI
760
Vaughan David Investments
Illinois
$1.15M -$159K -1,853 -11%
EAM
761
Erste Asset Management
Austria
$1.15M -$5.24K -61 -0.4%
TCM
762
Triumph Capital Management
Colorado
$1.14M +$198K +2,304 +19%
IAIM
763
International Assets Investment Management
Florida
$1.14M +$27.8K +324 +2%
TWA
764
TCI Wealth Advisors
Arizona
$1.14M -$49K -571 -4%
SPA
765
Sherbrooke Park Advisers
New York
$1.14M +$662K +7,705 +113%
RAG
766
RIA Advisory Group
Iowa
$1.13M -$458K -5,338 -27%
RGI
767
River Global Investors
United Kingdom
$1.13M -$112K -1,303 -8%
VI
768
Vestcor Inc
New Brunswick, Canada
$1.13M -$105K -1,220 -8%
JFG
769
Jefferies Financial Group
New York
$1.12M -$878K -10,231 -42%
DMC
770
Drexel Morgan & Co
Pennsylvania
$1.12M
SIP
771
Stoneridge Investment Partners
Pennsylvania
$1.11M -$52.9K -616 -4%
SWM
772
SeaCrest Wealth Management
New York
$1.11M -$19.8K -231 -2%
JWCA
773
J.W. Coons Advisors
Ohio
$1.11M -$175K -2,033 -13%
CIP
774
Convergence Investment Partners
Florida
$1.11M +$1.22M +14,173 New
HFBOT
775
Home Federal Bank of Tennessee
Tennessee
$1.1M -$69K -804 -5%

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.