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1,878 hedge funds and large institutions have $35.8B invested in 3M in 2023 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 654 increasing their positions, 854 reducing their positions, and 175 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more funds holding in top 10

Funds holding in top 10: 1920 (+1)

0.45% more ownership

Funds ownership: 78.77%79.22% (+0.45%)

4% less funds holding

Funds holding: 1,9531,878 (-75)

6% less capital invested

Capital invested by funds: $38.1B → $35.8B (-$2.24B)

21% less call options, than puts

Call options by funds: $924M | Put options by funds: $1.18B

23% less repeat investments, than reductions

Existing positions increased: 654 | Existing positions reduced: 854

35% less first-time investments, than exits

New positions opened: 113 | Existing positions closed: 175

Holders
1,878
Holders Change
-75
Holders Change %
-3.84%
% of All Funds
29.48%
Holding in Top 10
20
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.26%
% of All Funds
0.31%
New
113
Increased
654
Reduced
854
Closed
175
Calls
$924M
Puts
$1.18B
Net Calls
-$252M
Net Calls Change
-$133M
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
826
Beddow Capital Management
Wyoming
$985K +$36.1K +425 +4%
VCA
827
Verdence Capital Advisors
Maryland
$985K +$353K +4,155 +55%
EM
828
Excalibur Management
Massachusetts
$977K -$111K -1,304 -10%
GFA
829
Gifford Fong Associates
California
$976K
CC
830
Cipher Capital
New York
$967K -$4.19M -49,357 -81%
EWA
831
Exencial Wealth Advisors
Oklahoma
$964K -$12.9K -152 -1%
EHC
832
Everett Harris & Co
California
$962K -$58.8K -692 -6%
FC
833
FORA Capital
Florida
$954K -$6.54M -76,930 -87%
RCG
834
Regatta Capital Group
California
$951K -$45.2K -532 -4%
TCOT
835
Trust Company of Toledo
Ohio
$942K -$132K -1,555 -12%
I
836
InceptionR
California
$942K +$596K +7,018 +166%
AIP
837
Ameritas Investment Partners
Nebraska
$939K
BFA
838
Bragg Financial Advisors
North Carolina
$936K -$15.7K -185 -2%
GC
839
Grimes & Company
Massachusetts
$935K -$21.2K -249 -2%
CWMGP
840
Capstone Wealth Management Group (Pennsylvania)
Pennsylvania
$929K -$11.9K -140 -1%
Dodge & Cox
841
Dodge & Cox
California
$923K
SSB
842
Sandy Spring Bank
Maryland
$922K -$120K -1,414 -11%
MJRIC
843
Mogy Joel R Investment Counsel
California
$921K
EHWM
844
Eads & Heald Wealth Management
Georgia
$915K -$28.4K -334 -3%
OAM
845
Ostrum Asset Management
France
$910K +$765 +9 +0.1%
ACL
846
Applied Capital LLC
Florida
$910K +$42.9K +505 +5%
GWSG
847
GPS Wealth Strategies Group
Colorado
$908K +$83.4K +982 +10%
MMHP
848
Murphy Middleton Hinkle & Parker
Georgia
$902K +$595 +7 +0.1%
HL
849
HeadInvest LLC
Maine
$901K -$382K -4,494 -30%
BFG
850
Berger Financial Group
Minnesota
$900K -$35.1K -413 -4%

MMM Hedge Fund Activity: Q2 2023 in Review

1,878 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2023, worth a combined $35.8B — down 5.9% from $38.1B a quarter earlier.

Sellers outnumbered buyers: 175 funds closed out of MMM and 113 opened new positions — a net loss of 62 holders — while 854 trimmed existing stakes and 654 added.

The largest buyer was EP Wealth Advisors, adding an estimated $659M. The largest seller was Fisher Asset Management, cutting an estimated $402M.

  • 1,878 institutional investors held 3M (MMM) as of Q2 2023, down from 1,953 in Q1 2023.
  • Funds reported $35.8B of 3M stock for Q2 2023, down 5.9% quarter-over-quarter.
  • 113 funds opened new 3M positions in Q2 2023 and 175 closed out, a net change of -62 holders.
  • The largest 3M buyer in Q2 2023 was EP Wealth Advisors, an estimated $659M added.
  • The largest 3M seller in Q2 2023 was Fisher Asset Management, an estimated $402M sold.

Based on aggregated 13F filings for Q2 2023.