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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
RP
1126
Rowlandmiller & Partners
Georgia
$565K +$849 +9 +0.1%
MP
1127
McDonald Partners
Ohio
$563K -$687K -7,289 -53%
CWM
1128
Cornerstone Wealth Management
Missouri
$562K +$603K +6,395 New
WAC
1129
William Allan Corp
Colorado
$560K -$18.8K -199 -3%
VCM
1130
Viewpoint Capital Management
Washington
$559K +$113K +1,196 +23%
SCM
1131
Schnieders Capital Management
California
$556K -$441K -4,674 -42%
TCBWMS
1132
Texas Capital Bank Wealth Management Services
Texas
$554K +$594K +6,299 New
RMCM
1133
Reynders McVeigh Capital Management
Massachusetts
$552K -$160K -1,695 -21%
PBC
1134
Pavion Blue Capital
California
$552K
GIP
1135
Granite Investment Partners
California
$550K -$904K -9,587 -61%
FP
1136
Fiduciary Planning
Florida
$550K -$2.45K -26 -0.4%
LPT
1137
Legacy Private Trust
Wisconsin
$547K -$11.3K -120 -2%
PGA
1138
Portland Global Advisors
Maine
$546K -$118K -1,248 -17%
TAM
1139
Trillium Asset Management
Massachusetts
$544K +$377 +4 +0.1%
HVM
1140
Harvest Volatility Management
Connecticut
$544K -$25.5K -270 -4%
MSE
1141
MUFG Securities EMEA
United Kingdom
$542K +$241K +2,560 +71%
AWC
1142
Adamsbrown Wealth Consultants
Kansas
$542K -$149K -1,585 -20%
FBT
1143
First Bankers Trust
Kentucky
$542K
EF
1144
Empowered Funds
Pennsylvania
$541K +$581K +6,157 New
AWC
1145
Abundance Wealth Counselors
Pennsylvania
$541K +$581K +6,157 New
OC
1146
Oakworth Capital
Alabama
$541K -$39.1K -415 -6%
JWM
1147
Jeppson Wealth Management
California
$541K +$43.1K +457 +8%
MLA
1148
MB, Levis & Associates
Pennsylvania
$540K +$11.3K +120 +2%
CCWM
1149
Cassaday & Co Wealth Management
Virginia
$539K -$2.83K -30 -0.5%
EWM
1150
Endurance Wealth Management
Rhode Island
$539K +$115K +1,220 +25%

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.