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1,952 hedge funds and large institutions have $38.1B invested in 3M in 2023 Q1 according to their latest regulatory filings, with 134 funds opening new positions, 748 increasing their positions, 814 reducing their positions, and 221 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% less repeat investments, than reductions

Existing positions increased: 748 | Existing positions reduced: 814

1.04% less ownership

Funds ownership: 79.8%78.77% (-1%)

6% less funds holding

Funds holding: 2,0841,952 (-132)

12% less call options, than puts

Call options by funds: $886M | Put options by funds: $1B

16% less capital invested

Capital invested by funds: $45.3B → $38.1B (-$7.25B)

17% less funds holding in top 10

Funds holding in top 10: 2319 (-4)

39% less first-time investments, than exits

New positions opened: 134 | Existing positions closed: 221

Holders
1,952
Holders Change
-132
Holders Change %
-6.33%
% of All Funds
31.11%
Holding in Top 10
19
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-17.39%
% of All Funds
0.3%
New
134
Increased
748
Reduced
814
Closed
221
Calls
$886M
Puts
$1B
Net Calls
-$119M
Net Calls Change
-$187M
Name Holding Trade Value Shares
Change
Change in
Stake
GD
776
Grandfield & Dodd
New York
$1.28M +$83.9K +890 +6%
CCM
777
Cullen Capital Management
New York
$1.28M -$70M -741,934 -98%
SSI
778
Scott & Selber Inc
Texas
$1.28M +$3.3K +35 +0.2%
FMWA
779
Forvis Mazars Wealth Advisors
Missouri
$1.27M +$1.7K +18 +0.1%
PFSC
780
Peoples Financial Services Corp
Pennsylvania
$1.27M -$101K -1,076 -7%
ZIC
781
ZWJ Investment Counsel
Georgia
$1.27M -$50.6K -537 -4%
CFA
782
Cahill Financial Advisors
Minnesota
$1.27M +$202K +2,142 +17%
SCP
783
Sandhill Capital Partners
New York
$1.26M -$2.11M -22,349 -61%
PWP
784
Private Wealth Partners
California
$1.26M +$150K +1,592 +12%
WJWM
785
Williams Jones Wealth Management
New York
$1.25M -$86K -912 -6%
BA
786
Ballast Advisors
Minnesota
$1.25M -$152K -1,615 -10%
IAIM
787
International Assets Investment Management
Florida
$1.25M -$1.16M -12,325 -46%
ACM
788
AlphaStar Capital Management
North Carolina
$1.25M -$273K -2,897 -17%
VNA
789
Valley National Advisers
Pennsylvania
$1.25M +$2.36K +25 +0.2%
CCM
790
Chiron Capital Management
Florida
$1.25M +$181K +1,914 +16%
DFA
791
Delta Financial Advisors
Louisiana
$1.24M +$8.11K +86 +0.6%
PTC
792
Private Trust Company
Ohio
$1.24M +$335K +3,554 +34%
EFS
793
Essex Financial Services
Connecticut
$1.24M -$8.3K -88 -0.6%
VAS
794
Vestmark Advisory Solutions
Massachusetts
$1.23M -$943K -10,001 -42%
BMC
795
Beaton Management Company
Massachusetts
$1.23M +$231K +2,448 +21%
PFS
796
Prospera Financial Services
Texas
$1.23M -$243K -2,573 -16%
UCB
797
United Community Bank
South Carolina
$1.22M +$82.3K +873 +7%
LWAM
798
Legacy Wealth Asset Management
Minnesota
$1.22M -$31.3K -332 -2%
AMG
799
Advisors Management Group
Wisconsin
$1.22M +$189K +2,009 +17%
IHL
800
Investment House LLC
California
$1.21M -$529K -5,609 -29%

MMM Hedge Fund Activity: Q1 2023 in Review

1,952 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q1 2023, worth a combined $38.1B — down 16% from $45.3B a quarter earlier.

Sellers outnumbered buyers: 221 funds closed out of MMM and 134 opened new positions — a net loss of 87 holders — while 814 trimmed existing stakes and 748 added.

The largest buyer was Vanguard Group, adding an estimated $165M. The largest seller was Massachusetts Financial Services, cutting an estimated $345M.

  • 1,952 institutional investors held 3M (MMM) as of Q1 2023, down from 2,084 in Q4 2022.
  • Funds reported $38.1B of 3M stock for Q1 2023, down 16% quarter-over-quarter.
  • 134 funds opened new 3M positions in Q1 2023 and 221 closed out, a net change of -87 holders.
  • The largest 3M buyer in Q1 2023 was Vanguard Group, an estimated $165M added.
  • The largest 3M seller in Q1 2023 was Massachusetts Financial Services, an estimated $345M sold.

Based on aggregated 13F filings for Q1 2023.