We are live on ! Find out more

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
WKWM
1026
Walter & Keenan Wealth Management
Indiana
$580K -$379K -4,414 -37%
AA
1027
Auxano Advisors
Washington
$579K +$286K +3,329 +82%
ORAM
1028
One River Asset Management
Connecticut
$577K +$240K +2,792 +61%
FLPIM
1029
F.L. Putnam Investment Management
Massachusetts
$575K -$135K -1,571 -18%
AWM
1030
Accurate Wealth Management
Florida
$574K +$15K +175 +2%
PI
1031
PFG Investments
New York
$574K -$910K -10,601 -59%
WDL
1032
Well Done LLC
Michigan
$573K
DPIM
1033
Duff & Phelps Investment Management
Illinois
$573K +$11K +128 +2%
PCMF
1034
Private Capital Management (Florida)
Florida
$569K -$82.2K -957 -12%
CANY
1035
Caxton Associates (New York)
New York
$569K -$149K -1,733 -19%
CFMC
1036
Curbstone Financial Management Corp
New Hampshire
$568K -$66.8K -778 -10%
AIM
1037
Allen Investment Management
New York
$568K
WSC
1038
Wellington Shields & Co
New York
$568K +$244K +2,842 +64%
HCP
1039
Hexagon Capital Partners
Arkansas
$565K +$73.1K +851 +13%
MWM
1040
Massachusetts Wealth Management
Massachusetts
$565K -$5.15K -60 -0.8%
GI
1041
GAMCO Investors
Connecticut
$563K -$41.1K -479 -6%
RRA
1042
Round Rock Advisors
Connecticut
$563K +$6.44K +75 +1%
CCG
1043
Coastwise Capital Group
California
$563K -$15.2K -177 -2%
PAM
1044
Paradigm Asset Management
New York
$562K -$61.6K -718 -9%
V
1045
ViaWealth
Kansas
$560K +$91.6K +1,067 +18%
VCM
1046
Violich Capital Management
California
$560K
CI
1047
Cigna Investments
Connecticut
$558K -$77.7K -905 -11%
PAS
1048
Park Avenue Securities
New York
$558K +$611K +7,122 New
BP
1049
Ballentine Partners
Massachusetts
$556K +$29.4K +343 +5%
HCMT
1050
Highland Capital Management (Tennessee)
Tennessee
$552K

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.