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1,833 hedge funds and large institutions have $33.5B invested in 3M in 2023 Q3 according to their latest regulatory filings, with 134 funds opening new positions, 655 increasing their positions, 782 reducing their positions, and 157 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.88% less ownership

Funds ownership: 79.22%77.34% (-1.9%)

2% less funds holding

Funds holding: 1,8781,833 (-45)

6% less capital invested

Capital invested by funds: $35.8B → $33.5B (-$2.32B)

13% less call options, than puts

Call options by funds: $840M | Put options by funds: $970M

15% less first-time investments, than exits

New positions opened: 134 | Existing positions closed: 157

16% less repeat investments, than reductions

Existing positions increased: 655 | Existing positions reduced: 782

25% less funds holding in top 10

Funds holding in top 10: 2015 (-5)

Holders
1,833
Holders Change
-45
Holders Change %
-2.4%
% of All Funds
29.09%
Holding in Top 10
15
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-25%
% of All Funds
0.24%
New
134
Increased
655
Reduced
782
Closed
157
Calls
$840M
Puts
$970M
Net Calls
-$130M
Net Calls Change
+$122M
Name Holding Trade Value Shares
Change
Change in
Stake
IW
1126
Imprint Wealth
South Carolina
$482K +$30.2K +352 +6%
MIM
1127
Morningstar Investment Management
Illinois
$480K
PGA
1128
Portland Global Advisors
Maine
$477K
MWM
1129
Mission Wealth Management
California
$477K -$106K -1,234 -17%
SCA
1130
St. Clair Advisors
Ohio
$475K
TCBWMS
1131
Texas Capital Bank Wealth Management Services
Texas
$474K -$21.5K -250 -4%
SN
1132
Sittner & Nelson
Oregon
$472K +$69.5K +810 +16%
TT
1133
TI-Trust
Illinois
$472K
KFA
1134
Krane Funds Advisors
New York
$471K -$14.3K -166 -3%
LA
1135
LVW Advisors
New York
$470K +$516K +6,008 New
FBT
1136
First Bankers Trust
Kentucky
$470K +$25.7K +299 +5%
FWM
1137
Forza Wealth Management
Florida
$469K +$10.3K +120 +2%
CASB
1138
Cape Ann Savings Bank
Massachusetts
$468K -$5.32K -62 -1%
RAM
1139
Readystate Asset Management
Illinois
$468K -$519K -6,046 -50%
BBNA
1140
Bremer Bank National Association
Minnesota
$467K -$390K -4,546 -43%
SG
1141
StoneX Group
New York
$467K -$189K -2,200 -27%
MCM
1142
Manchester Capital Management
Vermont
$466K
AM
1143
AGF Management
Ontario, Canada
$465K +$511K +5,947 New
TCWM
1144
Total Clarity Wealth Management
Illinois
$464K +$43.7K +509 +9%
TPWM
1145
Twelve Points Wealth Management
Massachusetts
$464K +$42.5K +495 +9%
SSW
1146
Smith Shellnut Wilson
Mississippi
$461K -$121K -1,407 -19%
WIA
1147
World Investment Advisors
California
$461K +$54.5K +635 +12%
AFG
1148
Allegheny Financial Group
Pennsylvania
$460K -$2.58K -30 -0.5%
GWSG
1149
GPS Wealth Strategies Group
Colorado
$458K -$429K -4,997 -46%
FAN
1150
Financial Advisors Network
California
$458K +$503K +5,853 New

MMM Hedge Fund Activity: Q3 2023 in Review

1,833 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q3 2023, worth a combined $33.5B — down 6.5% from $35.8B a quarter earlier.

Sellers outnumbered buyers: 157 funds closed out of MMM and 134 opened new positions — a net loss of 23 holders — while 782 trimmed existing stakes and 655 added.

The largest buyer was Bank of America, adding an estimated $372M. The largest seller was EP Wealth Advisors, cutting an estimated $666M.

  • 1,833 institutional investors held 3M (MMM) as of Q3 2023, down from 1,878 in Q2 2023.
  • Funds reported $33.5B of 3M stock for Q3 2023, down 6.5% quarter-over-quarter.
  • 134 funds opened new 3M positions in Q3 2023 and 157 closed out, a net change of -23 holders.
  • The largest 3M buyer in Q3 2023 was Bank of America, an estimated $372M added.
  • The largest 3M seller in Q3 2023 was EP Wealth Advisors, an estimated $666M sold.

Based on aggregated 13F filings for Q3 2023.