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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
AWM
1051
Aries Wealth Management
Maine
$666K
CG
1052
Caprock Group
Idaho
$664K +$12.9K +137 +2%
VCS
1053
Vaughan & Co Securities
New Jersey
$663K +$711K +7,541 New
MSFS
1054
Main Street Financial Solutions
Pennsylvania
$658K +$30.6K +325 +5%
SSG
1055
Summit Securities Group
New York
$652K +$306K +3,242 +78%
WB
1056
Webster Bank
Connecticut
$649K -$16.9K -179 -2%
SN
1057
Sittner & Nelson
Oregon
$647K +$17.6K +187 +3%
QP
1058
Quilter Plc
United Kingdom
$647K +$73.6K +780 New
AIA
1059
Armor Investment Advisors
North Carolina
$646K -$8.49K -90 -1%
BTWM
1060
Baker Tilly Wealth Management
Wisconsin
$646K +$180K +1,911 +35%
FWTB
1061
First Western Trust Bank
Colorado
$645K +$9.34K +99 +1%
WA
1062
WBH Advisory
Maryland
$644K +$691K +7,329 New
SSW
1063
Smith Shellnut Wilson
Mississippi
$643K
TNB
1064
Thomasville National Bank
Georgia
$642K +$8.96K +95 +1%
LSV Asset Management
1065
LSV Asset Management
Illinois
$641K
CC
1066
Chicago Capital
Illinois
$640K -$73.1K -775 -10%
LJAC
1067
L.J. Altfest & Co
New York
$639K +$377 +4 +0.1%
AIM
1068
Allen Investment Management
New York
$638K
ACA
1069
Aptus Capital Advisors
Alabama
$637K +$684K +7,250 New
AWM
1070
Accurate Wealth Management
Florida
$636K +$11.6K +123 +2%
HHGA
1071
Halbert Hargrove Global Advisors
California
$633K -$29.7K -315 -4%
DPIM
1072
Duff & Phelps Investment Management
Illinois
$632K
CHAM
1073
Clear Harbor Asset Management
Connecticut
$630K -$760K -8,063 -53%
MIG
1074
McGuire Investment Group
Rhode Island
$629K -$283 -3 -0%
VCM
1075
Violich Capital Management
California
$629K

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.