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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
JWM
976
JGP Wealth Management
Oregon
$667K -$96.1K -1,119 -12%
MAS
977
Meeder Advisory Services
Ohio
$666K -$61K -710 -8%
SA
978
Strategic Advisors
New York
$666K -$30.8K -359 -4%
BC
979
Bridgefront Capital
Texas
$664K +$196K +2,278 +37%
BB
980
Bell Bank
North Dakota
$663K -$16.6K -193 -2%
WTB
981
Washington Trust Bank
Washington
$661K +$4.12K +48 +0.6%
PGIM
982
Pacific Global Investment Management
California
$659K -$129K -1,500 -15%
FCT
983
First Community Trust
Iowa
$659K -$20.5K -239 -3%
MCM
984
Mork Capital Management
California
$658K
LSV Asset Management
985
LSV Asset Management
Illinois
$655K +$134K +1,555 +23%
GCM
986
Graham Capital Management
Connecticut
$654K +$717K +8,353 New
WA
987
WESPAC Advisors
California
$652K +$20.3K +236 +3%
WP
988
WMS Partners
Maryland
$647K -$152K -1,773 -18%
SC
989
SouthState Corp
Florida
$645K -$12.8K -149 -2%
FCIM
990
Fairview Capital Investment Management
California
$645K
GLA
991
Good Life Advisors
Pennsylvania
$644K +$385K +4,485 +120%
LIM
992
Leavell Investment Management
Alabama
$641K -$88.6K -1,032 -11%
IHL
993
Investment House LLC
California
$639K -$202K -2,352 -22%
WSTAM
994
Wilbanks Smith & Thomas Asset Management
Virginia
$638K -$29.3K -341 -4%
KAM
995
KEB Asset Management
Illinois
$637K -$5.75K -67 -0.8%
IPW
996
Impact Partnership Wealth
Georgia
$634K -$207K -2,416 -23%
TBWA
997
Three Bridge Wealth Advisors
California
$632K +$296K +3,448 +74%
HAIM
998
Hunter Associates Investment Management
Pennsylvania
$632K +$42.8K +499 +7%
CTA
999
Colonial Trust Advisors
South Carolina
$632K +$601 +7 +0.1%
TTWM
1000
TCV Trust & Wealth Management
Virginia
$625K +$20.5K +239 +3%

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.