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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
AIA
1101
AIMZ Investment Advisors
California
$528K -$17.8K -209 -3%
SRC
1102
Shufro Rose & Co
New York
$527K -$1.34M -15,824 -72%
CPIA
1103
Cornell Pochily Investment Advisors
New York
$525K -$205K -2,416 -28%
WAAG
1104
Wealth Alliance Advisory Group
Kansas
$525K +$52.7K +620 +11%
BPWM
1105
Badgley Phelps Wealth Managers
Washington
$525K -$19.3K -227 -3%
WWM
1106
Western Wealth Management
Colorado
$524K -$33.3K -392 -6%
PG
1107
Proffitt & Goodson
Tennessee
$524K +$14.9K +175 +3%
DLA
1108
Douglas Lane & Associates
New York
$524K -$22.1K -260 -4%
GIP
1109
Granite Investment Partners
California
$524K
FP
1110
Fiduciary Planning
Florida
$524K
CNBTD
1111
Citizens National Bank Trust Department
Mississippi
$523K -$20.3K -239 -4%
B
1112
Bailard
California
$521K -$190K -2,241 -26%
TF
1113
Tompkins Financial
New York
$520K -$172K -2,021 -25%
BG
1114
Bollard Group
Massachusetts
$520K +$10.4K +123 +2%
BC
1115
Bridgefront Capital
Texas
$520K +$527K +6,208 New
KFA
1116
Krane Funds Advisors
New York
$517K +$42.4K +499 +9%
RPCONE
1117
Retirement Planning Company of New England
Rhode Island
$517K +$71.6K +843 +16%
BTWM
1118
Baker Tilly Wealth Management
Wisconsin
$516K -$100K -1,178 -16%
AWC
1119
Abundance Wealth Counselors
Pennsylvania
$513K -$2.72K -32 -0.5%
MIM
1120
Morningstar Investment Management
Illinois
$513K +$520K +6,126 New
HR
1121
Howe & Rusling
New York
$511K +$27.4K +323 +6%
PGA
1122
Portland Global Advisors
Maine
$510K -$10.1K -119 -2%
V
1123
ViaWealth
Kansas
$510K -$158K -1,855 -23%
EWM
1124
Endurance Wealth Management
Rhode Island
$509K -$4.84K -57 -0.9%
SCA
1125
St. Clair Advisors
Ohio
$508K +$112K +1,317 +28%

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.