3M
1,932 hedge funds and large institutions have $67.8B invested in 3M in 2019 Q2 according to their latest regulatory filings, with 108 funds opening new positions, 734 increasing their positions, 838 reducing their positions, and 149 closing their positions.
0.02% less ownership
Funds ownership: 81.18% → 81.16% (-0.02%)
3% less funds holding
Funds holding: 1,996 → 1,932 (-64)
12% less repeat investments, than reductions
Existing positions increased: 734 | Existing positions reduced: 838
16% less capital invested
Capital invested by funds: $81B → $67.8B (-$13.2B)
28% less first-time investments, than exits
New positions opened: 108 | Existing positions closed: 149
32% less call options, than puts
Call options by funds: $877M | Put options by funds: $1.29B
51% less funds holding in top 10
Funds holding in top 10: 99 → 49 (-50)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$719M |
| 2 |
Flossbach Von Storch
Cologne,
Germany
|
+$597M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$504M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$485M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$316M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$732M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$501M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$466M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$340M |
| 5 |
JP Morgan Chase
New York
|
-$227M |
MMM Hedge Fund Activity: Q2 2019 in Review
1,932 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2019, worth a combined $67.8B — down 16% from $81B a quarter earlier.
Sellers outnumbered buyers: 149 funds closed out of MMM and 108 opened new positions — a net loss of 41 holders — while 838 trimmed existing stakes and 734 added.
The largest buyer was Capital Research Global Investors, adding an estimated $719M. The largest seller was Parnassus Investments, exiting entirely with an estimated $732M sold.
- 1,932 institutional investors held 3M (MMM) as of Q2 2019, down from 1,996 in Q1 2019.
- Funds reported $67.8B of 3M stock for Q2 2019, down 16% quarter-over-quarter.
- 108 funds opened new 3M positions in Q2 2019 and 149 closed out, a net change of -41 holders.
- The largest 3M buyer in Q2 2019 was Capital Research Global Investors, an estimated $719M added.
- The largest 3M seller in Q2 2019 was Parnassus Investments, an estimated $732M sold.
Based on aggregated 13F filings for Q2 2019.