3M
2,027 hedge funds and large institutions have $60.3B invested in 3M in 2020 Q3 according to their latest regulatory filings, with 137 funds opening new positions, 771 increasing their positions, 831 reducing their positions, and 77 closing their positions.
78% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 77
2% more funds holding
Funds holding: 1,994 → 2,027 (+33)
2% more capital invested
Capital invested by funds: $59B → $60.3B (+$1.26B)
0.42% less ownership
Funds ownership: 78.73% → 78.32% (-0.42%)
7% less repeat investments, than reductions
Existing positions increased: 771 | Existing positions reduced: 831
12% less funds holding in top 10
Funds holding in top 10: 49 → 43 (-6)
18% less call options, than puts
Call options by funds: $938M | Put options by funds: $1.14B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Newport Trust Company
Washington,
District of Columbia
|
+$1.76B |
| 2 |
BlackRock
New York
|
+$215M |
| 3 |
JP Morgan Chase
New York
|
+$194M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$88.5M |
| 5 |
Millennium Management
New York
|
+$59.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$1.79B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$782M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$244M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$97.5M |
| 5 |
Goldman Sachs
New York
|
-$74.9M |
MMM Hedge Fund Activity: Q3 2020 in Review
2,027 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q3 2020, worth a combined $60.3B — up 2.1% from $59B a quarter earlier.
Buyers outnumbered sellers: 137 funds opened new MMM positions and 77 closed out — a net gain of 60 holders — while 771 added to existing stakes and 831 trimmed.
The largest buyer was Newport Trust Company, opening a new position worth an estimated $1.76B. The largest seller was State Street, cutting an estimated $1.79B.
- 2,027 institutional investors held 3M (MMM) as of Q3 2020, up from 1,994 in Q2 2020.
- Funds reported $60.3B of 3M stock for Q3 2020, up 2.1% quarter-over-quarter.
- 137 funds opened new 3M positions in Q3 2020 and 77 closed out, a net change of +60 holders.
- The largest 3M buyer in Q3 2020 was Newport Trust Company, an estimated $1.76B added.
- The largest 3M seller in Q3 2020 was State Street, an estimated $1.79B sold.
Based on aggregated 13F filings for Q3 2020.