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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
TPWM
1176
Twelve Points Wealth Management
Massachusetts
$454K +$92.8K +1,092 +25%
SCM
1177
Stevens Capital Management
Pennsylvania
$454K +$461K +5,421 New
DI
1178
DFPG Investments
Utah
$454K -$283K -3,332 -39%
CB
1179
Cadence Bank
Mississippi
$454K +$96.3K +1,134 +26%
TCWM
1180
Total Clarity Wealth Management
Illinois
$454K -$388K -4,573 -46%
VCM
1181
Viewpoint Capital Management
Washington
$452K -$81.3K -957 -15%
MAM
1182
Mystic Asset Management
Rhode Island
$449K +$5.86K +69 +1%
NFSG
1183
Newbridge Financial Services Group
Florida
$448K +$55.6K +655 +14%
TSWM
1184
Triangle Securities Wealth Management
North Carolina
$446K -$38K -447 -8%
CSC
1185
Caldwell Sutter Capital
California
$445K +$250K +2,939 +123%
HHGA
1186
Halbert Hargrove Global Advisors
California
$445K -$160K -1,886 -26%
SWA
1187
Stratos Wealth Advisors
Ohio
$443K +$76.2K +897 +20%
RFG
1188
Range Financial Group
Oregon
$443K -$5.27K -62 -1%
MA
1189
MONECO Advisors
Connecticut
$443K -$69.1K -813 -13%
WI
1190
Wintrust Investments
Illinois
$441K +$448K +5,276 New
GIA
1191
GHP Investment Advisors
Colorado
$439K -$340K -4,008 -44%
WIA
1192
World Investment Advisors
California
$439K +$38.1K +448 +9%
PP
1193
Paloma Partners
Connecticut
$439K +$445K +5,243 New
SN
1194
Sittner & Nelson
Oregon
$437K -$182K -2,143 -29%
EB
1195
Eastern Bank
Massachusetts
$437K
BRM
1196
Boston Research & Management
Massachusetts
$435K -$10.8K -127 -2%
PSB
1197
Piscataqua Savings Bank
New Hampshire
$433K
WAP
1198
Wealthcare Advisory Partners
Pennsylvania
$432K -$32.3K -380 -7%
BFA
1199
Beacon Financial Advisory
Ohio
$432K +$510 +6 +0.1%
AG
1200
Advocate Group
Minnesota
$432K -$3.43M -40,375 -89%

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.