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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
CASB
1126
Cape Ann Savings Bank
Massachusetts
$506K -$49.5K -583 -9%
TT
1127
TI-Trust
Illinois
$505K
FFA
1128
First Foundation Advisors
California
$504K +$88.9K +1,047 +21%
JFGIW
1129
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$504K -$224K -2,638 -30%
WAC
1130
William Allan Corp
Colorado
$504K -$29.7K -350 -5%
AWA
1131
Arkadios Wealth Advisors
Georgia
$503K +$58.7K +691 +13%
FPAS
1132
Focus Partners Advisor Solutions
Missouri
$501K +$65.6K +772 +15%
BSG
1133
Black Swift Group
Colorado
$500K +$508K +5,980 New
TAM
1134
Trillium Asset Management
Massachusetts
$499K -$13.3K -156 -3%
MM
1135
MQS Management
New York
$498K +$505K +5,950 New
MCM
1136
Manchester Capital Management
Vermont
$498K
OP
1137
ORG Partners
Indiana
$497K +$500K +5,882 New
OC
1138
Oakworth Capital
Alabama
$497K -$18.2K -214 -3%
PWAM
1139
Pinnacle West Asset Management
Wyoming
$496K -$6.63K -78 -1%
AFG
1140
Allegheny Financial Group
Pennsylvania
$495K +$340 +4 +0.1%
BIM
1141
Bridges Investment Management
Nebraska
$494K
FWM
1142
Forza Wealth Management
Florida
$491K +$29.7K +350 +6%
RMCM
1143
Reynders McVeigh Capital Management
Massachusetts
$491K -$35.8K -421 -7%
BIA
1144
Beacon Investment Advisors
Maryland
$490K -$64.4K -758 -11%
AG
1145
Ascent Group
Virginia
$487K -$43.1K -507 -8%
SC
1146
Sawyer & Company
Massachusetts
$487K -$6.12K -72 -1%
IW
1147
Imprint Wealth
South Carolina
$486K +$50.5K +594 +11%
FFM
1148
Forum Financial Management
Illinois
$486K +$150K +1,770 +44%
HCM
1149
Hillman Capital Management
Maryland
$484K +$47.8K +563 +11%
GL
1150
Graypoint LLC
New York
$483K +$122K +1,434 +33%

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.