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1,417 hedge funds and large institutions have $61.4B invested in 3M in 2014 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 483 increasing their positions, 666 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 62

0% less funds holding

Funds holding: 1,4241,417 (-7)

0.61% less ownership

Funds ownership: 82.22%81.61% (-0.61%)

4% less capital invested

Capital invested by funds: $64.1B → $61.4B (-$2.7B)

6% less call options, than puts

Call options by funds: $675M | Put options by funds: $721M

14% less funds holding in top 10

Funds holding in top 10: 133115 (-18)

27% less repeat investments, than reductions

Existing positions increased: 483 | Existing positions reduced: 666

Holders
1,417
Holders Change
-7
Holders Change %
-0.49%
% of All Funds
40.92%
Holding in Top 10
115
Holding in Top 10 Change
-18
Holding in Top 10 Change %
-13.53%
% of All Funds
3.32%
New
70
Increased
483
Reduced
666
Closed
62
Calls
$675M
Puts
$721M
Net Calls
-$45.5M
Net Calls Change
+$637M
Name Holding Trade Value Shares
Change
Change in
Stake
SFM
1126
Signature Financial Management
Virginia
$560K +$76.4K +688 +16%
FFC
1127
First Financial Corp
Indiana
$559K -$1.21M -10,916 -69%
WEC
1128
Winslow Evans & Crocker
Massachusetts
$559K -$53.2K -479 -9%
ITIM
1129
Indiana Trust & Investment Management
Indiana
$558K
BST
1130
Bath Savings Trust
Maine
$550K
PPSG
1131
Princeton Portfolio Strategies Group
New Jersey
$549K +$199K +1,794 +59%
CWM
1132
Confluence Wealth Management
Oregon
$546K +$535K +4,812 New
CWM
1133
Concert Wealth Management
California
$544K -$16.8K -151 -3%
SDJVC
1134
St. Denis J. Villere & Co
Louisiana
$543K -$79.8K -718 -13%
ZIG
1135
Zuckerman Investment Group
Illinois
$543K -$18.9K -170 -3%
PCA
1136
Peddock Capital Advisors
Massachusetts
$543K
RJA
1137
Robshaw & Julian Associates
New York
$543K
BP
1138
Ballentine Partners
Massachusetts
$542K +$10.1K +91 +2%
DM
1139
Diker Management
New York
$534K -$39.9K -359 -7%
SAM
1140
SignalPoint Asset Management
Missouri
$532K -$45.2K -407 -8%
TFO
1141
Tarbox Family Office
California
$531K -$6K -54 -1%
IB
1142
Intrust Bank
Kansas
$529K +$18K +162 +4%
MC
1143
Middleton & Co
Massachusetts
$528K -$6.55K -59 -1%
LC
1144
Lourd Capital
California
$524K
EGA
1145
Eagle Global Advisors
Texas
$522K
GA
1146
Glenhill Advisors
New York
$516K +$209K +1,877 +70%
Verition Fund Management
1147
Verition Fund Management
Connecticut
$515K +$182K +1,641 +57%
CK
1148
Carnick & Kubik
Colorado
$514K -$15.9K -143 -3%
SGAM
1149
Steinberg Global Asset Management
Florida
$512K
PSI
1150
Pinnacle Summer Investments
Virginia
$512K +$2.67K +24 +0.5%

MMM Hedge Fund Activity: Q1 2014 in Review

1,417 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q1 2014, worth a combined $61.4B — down 4.2% from $64.1B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new MMM positions and 62 closed out — a net gain of 8 holders — while 483 added to existing stakes and 666 trimmed.

The largest buyer was Janus Henderson Investors US, adding an estimated $96.4M. The largest seller was State Street, cutting an estimated $275M.

  • 1,417 institutional investors held 3M (MMM) as of Q1 2014, down from 1,424 in Q4 2013.
  • Funds reported $61.4B of 3M stock for Q1 2014, down 4.2% quarter-over-quarter.
  • 70 funds opened new 3M positions in Q1 2014 and 62 closed out, a net change of +8 holders.
  • The largest 3M buyer in Q1 2014 was Janus Henderson Investors US, an estimated $96.4M added.
  • The largest 3M seller in Q1 2014 was State Street, an estimated $275M sold.

Based on aggregated 13F filings for Q1 2014.