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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
GRP
1076
Global Retirement Partners
California
$521K -$89.8K -1,046 -13%
WWP
1077
WR Wealth Planners
Missouri
$520K
AWE
1078
Avidian Wealth Enterprises
Texas
$520K +$141K +1,646 +33%
BFM
1079
Boston Financial Management
Massachusetts
$520K -$2.83K -33 -0.5%
MSE
1080
MUFG Securities EMEA
United Kingdom
$519K +$177K +2,066 +45%
WF
1081
Wayfinding Financial
Washington
$518K +$25.8K +300 +5%
PHIC
1082
Pine Haven Investment Counsel
Massachusetts
$518K -$73.4K -855 -11%
SCM
1083
Stonebridge Capital Management
California
$517K -$245K -2,858 -30%
BFA
1084
Brendel Financial Advisors
New Hampshire
$517K
WPW
1085
Waldron Private Wealth
Pennsylvania
$517K -$50K -582 -8%
MJRIC
1086
Mogy Joel R Investment Counsel
California
$515K -$380K -4,425 -40%
FG
1087
Fiduciary Group
Georgia
$515K -$44.7K -521 -7%
DGAM
1088
Desjardins Global Asset Management
Quebec, Canada
$514K -$81.2K -946 -13%
Two Sigma Investments
1089
Two Sigma Investments
New York
$514K +$564K +6,567 New
LAS
1090
Lloyd Advisory Services
Georgia
$510K +$559K +6,511 New
NG
1091
Norden Group
Utah
$510K +$559K +6,511 New
SDWIA
1092
Schwarz Dygos Wheeler Investment Advisors
Minnesota
$509K +$154K +1,799 +38%
AWC
1093
Adamsbrown Wealth Consultants
Kansas
$509K +$7.99K +93 +1%
VSQM
1094
V-Square Quantitative Management
Illinois
$509K +$222K +2,591 +66%
PSCM
1095
Per Stirling Capital Management
Texas
$508K -$2.58K -30 -0.5%
CCA
1096
Checchi Capital Advisers
California
$507K +$245K +2,854 +79%
BMCM
1097
Burns Matteson Capital Management
New York
$503K -$13.4K -156 -2%
MYLI
1098
Meiji Yasuda Life Insurance
Japan
$503K -$31.8K -370 -5%
RWP
1099
RWA Wealth Partners
Massachusetts
$502K +$65.1K +758 +13%
WAC
1100
William Allan Corp
Colorado
$501K +$32.7K +381 +6%

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.