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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
STC
876
Sarah T. Connolly
$848K
PG
877
Prostatis Group
Maryland
$847K +$82.2M +967,937 New
USCWA
878
U.S. Capital Wealth Advisors
Texas
$841K -$710K -8,361 -45%
WP
879
WMS Partners
Maryland
$841K -$59K -694 -6%
WDA
880
Wendell David Associates
New Hampshire
$840K
FWM
881
Focused Wealth Management
New York
$840K +$5.44K +64 +0.6%
OTL
882
Oak Thistle LLC
New York
$835K +$848K +9,982 New
GIA
883
Guyasuta Investment Advisors
Pennsylvania
$832K -$12.7K -150 -1%
LTAS
884
Linden Thomas Advisory Services
North Carolina
$832K +$23.6K +278 +3%
PGIM
885
Pacific Global Investment Management
California
$830K -$8.41K -99 -1%
VFG
886
V2 Financial group
Illinois
$830K +$8.66K +102 +1%
AIM
887
Acropolis Investment Management
Missouri
$826K -$94.2K -1,109 -10%
CFFP
888
Center for Financial Planning
Michigan
$823K
FFBTD
889
First Financial Bank - Trust Division
Ohio
$822K -$14.2K -167 -2%
CT
890
Chicago Trust
Illinois
$821K -$12.1K -142 -1%
HCM
891
Howland Capital Management
Massachusetts
$820K -$61K -718 -7%
SRC
892
Stone Run Capital
New York
$820K -$244K -2,870 -23%
V
893
VeraBank
Texas
$819K -$65.3K -769 -7%
BC
894
Brookfield Corp
Ontario, Canada
$819K +$579K +6,812 +229%
CST
895
Charles Schwab Trust
Nevada
$819K
FA
896
FDx Advisors
Illinois
$816K -$1.2M -14,089 -59%
CIC
897
Crawford Investment Counsel
Georgia
$815K
BHPW
898
Beverly Hills Private Wealth
California
$810K +$14.2K +167 +2%
EH
899
Equitable Holdings
New York
$810K -$779K -9,169 -49%
AF
900
Allworth Financial
California
$809K +$48K +565 +6%

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.