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1,878 hedge funds and large institutions have $35.8B invested in 3M in 2023 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 654 increasing their positions, 854 reducing their positions, and 175 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more funds holding in top 10

Funds holding in top 10: 1920 (+1)

0.45% more ownership

Funds ownership: 78.77%79.22% (+0.45%)

4% less funds holding

Funds holding: 1,9531,878 (-75)

6% less capital invested

Capital invested by funds: $38.1B → $35.8B (-$2.24B)

21% less call options, than puts

Call options by funds: $924M | Put options by funds: $1.18B

23% less repeat investments, than reductions

Existing positions increased: 654 | Existing positions reduced: 854

35% less first-time investments, than exits

New positions opened: 113 | Existing positions closed: 175

Holders
1,878
Holders Change
-75
Holders Change %
-3.84%
% of All Funds
29.48%
Holding in Top 10
20
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.26%
% of All Funds
0.31%
New
113
Increased
654
Reduced
854
Closed
175
Calls
$924M
Puts
$1.18B
Net Calls
-$252M
Net Calls Change
-$133M
Name Holding Trade Value Shares
Change
Change in
Stake
MAM
1076
Marquette Asset Management
Minnesota
$561K -$35.8K -421 -6%
CHJWM
1077
Carlton Hofferkamp & Jenks Wealth Management
Texas
$561K -$46.6K -549 -8%
BFM
1078
Boston Financial Management
Massachusetts
$559K -$152K -1,785 -21%
SWM
1079
Sendero Wealth Management
Texas
$558K +$566K +6,668 New
WWP
1080
WR Wealth Planners
Missouri
$556K +$130K +1,527 +30%
MAM
1081
Mastrapasqua Asset Management
Tennessee
$555K +$2.46K +29 +0.4%
FB
1082
Fulton Bank
Pennsylvania
$553K +$3.48K +41 +0.6%
BFA
1083
Brendel Financial Advisors
New Hampshire
$553K +$74.6K +878 +15%
PP
1084
Pacifica Partners
Canada
$553K -$117K -1,381 -17%
MC
1085
Martin & Co
Tennessee
$551K -$25.6K -301 -4%
BMCM
1086
Burns Matteson Capital Management
New York
$551K +$559K +6,583 New
HVM
1087
Harvest Volatility Management
Connecticut
$551K +$21.7K +255 +4%
WA
1088
WBH Advisory
Maryland
$550K -$63.9K -752 -10%
WB
1089
Webster Bank
Connecticut
$550K -$68.6K -807 -11%
RSWM
1090
Robertson Stephens Wealth Management
California
$547K -$5.35K -63 -1%
FAM
1091
Formidable Asset Management
Ohio
$547K +$255 +3 +0%
WI
1092
Wedgewood Investors
Pennsylvania
$547K -$22.1K -260 -4%
PSCM
1093
Per Stirling Capital Management
Texas
$546K +$211K +2,478 +61%
CWM
1094
Cornerstone Wealth Management
Missouri
$539K +$3.57K +42 +0.7%
CCWM
1095
Cassaday & Co Wealth Management
Virginia
$539K +$25.4K +299 +5%
AWC
1096
Adamsbrown Wealth Consultants
Kansas
$536K +$20.6K +243 +4%
ISWM
1097
Independent Solutions Wealth Management
New York
$534K +$172K +2,026 +47%
HCP
1098
Hexagon Capital Partners
Arkansas
$533K +$108K +1,269 +25%
FM
1099
Foster & Motley
Ohio
$531K -$32K -377 -6%
TCBWMS
1100
Texas Capital Bank Wealth Management Services
Texas
$528K +$849 +10 +0.2%

MMM Hedge Fund Activity: Q2 2023 in Review

1,878 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2023, worth a combined $35.8B — down 5.9% from $38.1B a quarter earlier.

Sellers outnumbered buyers: 175 funds closed out of MMM and 113 opened new positions — a net loss of 62 holders — while 854 trimmed existing stakes and 654 added.

The largest buyer was EP Wealth Advisors, adding an estimated $659M. The largest seller was Fisher Asset Management, cutting an estimated $402M.

  • 1,878 institutional investors held 3M (MMM) as of Q2 2023, down from 1,953 in Q1 2023.
  • Funds reported $35.8B of 3M stock for Q2 2023, down 5.9% quarter-over-quarter.
  • 113 funds opened new 3M positions in Q2 2023 and 175 closed out, a net change of -62 holders.
  • The largest 3M buyer in Q2 2023 was EP Wealth Advisors, an estimated $659M added.
  • The largest 3M seller in Q2 2023 was Fisher Asset Management, an estimated $402M sold.

Based on aggregated 13F filings for Q2 2023.