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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
LNB
901
Ledyard National Bank
$910K -$71.6K -759 -7%
MBT
902
Montecito Bank & Trust
California
$905K -$8.87K -94 -0.9%
IWM
903
IHT Wealth Management
Illinois
$904K +$293K +3,106 +43%
Aristotle Capital Management
904
Aristotle Capital Management
California
$897K -$39.5K -419 -4%
CWM
905
Circle Wealth Management
New Jersey
$897K -$849 -9 -0.1%
PL
906
Parthenon LLC
Kentucky
$892K
CFGS
907
Concourse Financial Group Securities
Alabama
$891K -$78.9K -837 -8%
STC
908
Sarah T. Connolly
$891K -$3.4K -36 -0.4%
AC
909
Arjuna Capital
North Carolina
$891K +$956K +10,135 New
GIA
910
Guyasuta Investment Advisors
Pennsylvania
$887K -$5.56K -59 -0.6%
DBRC
911
D.B. Root & Company
Pennsylvania
$883K +$98.6K +1,046 +12%
WDA
912
Wendell David Associates
New Hampshire
$882K
MFG
913
Merit Financial Group
Georgia
$882K -$690K -7,313 -42%
P
914
Pitcairn
Pennsylvania
$881K +$161K +1,708 +21%
PGIM
915
Pacific Global Investment Management
California
$881K +$80.9K +858 +9%
SWM
916
Spire Wealth Management
Virginia
$879K +$370K +3,928 +65%
FFBTD
917
First Financial Bank - Trust Division
Ohio
$878K -$58.8K -623 -6%
TCWM
918
Total Clarity Wealth Management
Illinois
$878K +$942K +9,993 New
FWM
919
Focused Wealth Management
New York
$876K +$283 +3 +0%
MA
920
Montag & Associates
Georgia
$875K -$48.4K -513 -5%
CT
921
Chicago Trust
Illinois
$874K -$38.3K -406 -4%
MAS
922
Meeder Advisory Services
Ohio
$872K -$257K -2,730 -22%
NP
923
NorthRock Partners
Minnesota
$870K +$109K +1,156 +13%
GWSG
924
GPS Wealth Strategies Group
Colorado
$868K +$931K +9,872 New
DMBA
925
Deseret Mutual Benefit Administrators
Utah
$866K +$36.7K +389 +4%

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.