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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
CWS
1001
Confluence Wealth Services
Pennsylvania
$625K +$90.8K +1,057 +15%
NHC
1002
Nicholas Hoffman & Company
Georgia
$623K -$33.9K -395 -5%
RWPA
1003
Richard W. Paul & Associates
Michigan
$621K +$486K +5,657 +249%
CB
1004
CNB Bank
Pennsylvania
$617K +$1.54K +18 +0.2%
VT
1005
Vise Technologies
New York
$616K -$381K -4,439 -36%
AB
1006
Atlas Brown
Kentucky
$613K -$33.3K -388 -5%
B
1007
Bailard
California
$611K +$136K +1,584 +25%
S
1008
SignatureFD
Georgia
$611K +$30.1K +351 +5%
WOC
1009
West Oak Capital
California
$610K -$13.3K -155 -2%
LFAS
1010
Level Four Advisory Services
Texas
$610K -$124K -1,440 -16%
PBK
1011
Peoples Bank (Kansas)
Kansas
$609K +$668K +7,784 New
ACA
1012
Atlas Capital Advisors
Wyoming
$609K
EPFB
1013
Employees Provident Fund Board
Malaysia
$609K
TFS
1014
Thoroughbred Financial Services
Tennessee
$607K +$451K +5,248 +209%
SLI
1015
Sumitomo Life Insurance
Japan
$605K -$21K -245 -3%
FAIM
1016
Financial Advocates Investment Management
Washington
$603K +$54.4K +634 +9%
ESB
1017
Essex Savings Bank
Connecticut
$600K +$15.2K +177 +2%
NCM
1018
Neumann Capital Management
California
$598K
WT
1019
Washington Trust
Rhode Island
$596K -$7.64K -89 -1%
MC
1020
Machina Capital
France
$594K +$651K +7,586 New
HWA
1021
Heartwood Wealth Advisors
Virginia
$591K +$648K +7,547 New
AFM
1022
Abbot Financial Management
Massachusetts
$589K -$132K -1,535 -17%
VCS
1023
Vaughan & Co Securities
New Jersey
$588K -$86 -1 -0%
DSC
1024
Duncker Streett & Co
Missouri
$587K -$159K -1,848 -20%
YIA
1025
YHB Investment Advisors
Connecticut
$585K -$19.4K -226 -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.