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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
SW
1101
SlateStone Wealth
Florida
$594K +$225K +2,381 +54%
GRP
1102
Global Retirement Partners
California
$593K +$355K +3,769 +121%
FM
1103
Foster & Motley
Ohio
$591K +$377 +4 +0.1%
CCG
1104
Coastwise Capital Group
California
$591K +$246K +2,607 +63%
WF
1105
Wayfinding Financial
Washington
$590K +$41.5K +440 +7%
WWM
1106
Western Wealth Management
Colorado
$585K +$200K +2,120 +47%
UAS
1107
United Asset Strategies
New York
$584K +$47.4K +503 +8%
PFT
1108
Providence First Trust
Arizona
$583K
CHJWM
1109
Carlton Hofferkamp & Jenks Wealth Management
Texas
$583K -$38.9K -413 -6%
CASB
1110
Cape Ann Savings Bank
Massachusetts
$582K -$15.5K -164 -2%
BIA
1111
Beacon Investment Advisors
Maryland
$581K -$111K -1,174 -15%
MAM
1112
Mastrapasqua Asset Management
Tennessee
$580K +$38.4K +407 +7%
RSWM
1113
Robertson Stephens Wealth Management
California
$580K +$27.1K +287 +5%
MCCP
1114
Mission Creek Capital Partners
California
$578K -$84.3K -894 -12%
FB
1115
Fulton Bank
Pennsylvania
$578K +$85.9K +911 +16%
HIA
1116
Harbor Investment Advisory
Maryland
$576K -$119K -1,266 -16%
ACM
1117
Ategra Capital Management
Virginia
$575K -$256K -2,719 -29%
DLA
1118
Douglas Lane & Associates
New York
$573K -$90.9K -964 -13%
AIA
1119
AIMZ Investment Advisors
California
$573K -$22.4K -237 -4%
FAM
1120
Formidable Asset Management
Ohio
$572K +$94 +1 +0%
BPWM
1121
Badgley Phelps Wealth Managers
Washington
$571K -$12.6K -134 -2%
CNBTD
1122
Citizens National Bank Trust Department
Mississippi
$570K
NFP
1123
Narus Financial Partners
Utah
$568K +$270K +2,861 +79%
CCM
1124
CAAS Capital Management
New York
$568K -$390K -4,133 -39%
TFA
1125
Trinity Financial Advisors
Ohio
$567K -$144K -1,528 -19%

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.