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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
MWM
876
Meridian Wealth Management
Kentucky
$813K -$242K -2,824 -21%
GF
877
Gries Financial
Ohio
$811K +$76K +885 +9%
TIM
878
Tevis Investment Management
Texas
$809K +$280K +3,259 +46%
RSVP
879
Ramsay Stattman Vela & Price
Colorado
$806K -$130K -1,519 -13%
LNB
880
Ledyard National Bank
$803K -$11.8K -137 -1%
CRC
881
Curi RMB Capital
Illinois
$801K -$41.4K -482 -4%
CC
882
Claybrook Capital
Massachusetts
$800K
ACA
883
Aptus Capital Advisors
Alabama
$798K +$221K +2,579 +34%
UBV
884
United Bank (Virginia)
Virginia
$790K -$6.78K -79 -0.8%
FWM
885
Focused Wealth Management
New York
$786K +$86 +1 +0%
BL
886
Balentine LLC
Georgia
$783K +$215K +2,506 +33%
STC
887
Sarah T. Connolly
$782K -$12.3K -143 -1%
CWMGP
888
Capstone Wealth Management Group (Pennsylvania)
Pennsylvania
$781K -$95.7K -1,115 -10%
CFFP
889
Center for Financial Planning
Michigan
$781K +$12K +140 +1%
SWM
890
Spire Wealth Management
Virginia
$779K +$48.3K +563 +6%
GIA
891
Guyasuta Investment Advisors
Pennsylvania
$779K
PL
892
Parthenon LLC
Kentucky
$776K -$20.6K -240 -2%
BTWM
893
Baker Tilly Wealth Management
Wisconsin
$772K +$317K +3,689 +60%
MCA
894
MSH Capital Advisors
Arizona
$770K +$21.9K +255 +3%
CIC
895
Crawford Investment Counsel
Georgia
$768K +$6.1K +71 +0.7%
FFBTD
896
First Financial Bank - Trust Division
Ohio
$767K -$2.92K -34 -0.3%
V
897
VeraBank
Texas
$766K
DMBA
898
Deseret Mutual Benefit Administrators
Utah
$764K -$54.8K -638 -6%
SIA
899
Soltis Investment Advisors
Utah
$761K +$32.7K +381 +4%
PG
900
Prostatis Group
Maryland
$760K -$82.3M -958,094 -99%

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.