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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
KCM
926
Kathmere Capital Management
Pennsylvania
$724K +$184K +2,147 +30%
MYIA
927
Mount Yale Investment Advisors
Colorado
$723K -$28.1K -327 -3%
DI
928
Diligent Investors
California
$723K +$49.4K +575 +7%
BLC
929
Brown, Lisle/Cummings
Rhode Island
$723K +$14.6K +170 +2%
CWP
930
Cyndeo Wealth Partners
Florida
$720K +$348K +4,049 +79%
SRC
931
Stone Run Capital
New York
$720K -$51.3K -598 -6%
BHPW
932
Beverly Hills Private Wealth
California
$719K +$429 +5 +0.1%
JWCA
933
J.W. Cole Advisors
Florida
$718K +$24.7K +288 +3%
LIM
934
Longfellow Investment Management
Massachusetts
$718K
EF
935
Empowered Funds
Pennsylvania
$716K +$141K +1,642 +22%
MGIA
936
Moneta Group Investment Advisors
Missouri
$716K -$88K -1,025 -10%
KCFA
937
Key Client Fiduciary Advisors
New Jersey
$715K -$3K -35 -0.4%
SVWAG
938
Sound View Wealth Advisors Group
Georgia
$713K +$11K +128 +1%
MFG
939
Merit Financial Group
Georgia
$712K -$103K -1,196 -12%
BHIA
940
Birch Hill Investment Advisors
Massachusetts
$711K
MMHP
941
Murphy Middleton Hinkle & Parker
Georgia
$711K -$145K -1,688 -16%
P
942
Pitcairn
Pennsylvania
$709K +$27K +315 +4%
KFGK
943
Keystone Financial Group (Kentucky)
Kentucky
$707K +$71.8K +836 +10%
WQ
944
Wealth Quarterback
New Jersey
$707K +$67.3K +784 +10%
BAM
945
Belpointe Asset Management
Nevada
$706K +$43.7K +509 +6%
IWA
946
IVC Wealth Advisors
Pennsylvania
$706K -$13.4K -156 -2%
GWMI
947
Guardian Wealth Management (Illinois)
Illinois
$706K +$7.73K +90 +1%
IAN
948
Integrated Advisors Network
Texas
$704K +$76K +885 +11%
PCMM
949
Piedmont Capital Management (Montana)
Montana
$704K +$134K +1,563 +21%
FCCM
950
First City Capital Management
Georgia
$703K -$150K -1,745 -16%

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.