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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
TSWM
1201
Triangle Securities Wealth Management
North Carolina
$417K
THWM
1202
Taylor Hoffman Wealth Management
Virginia
$415K +$39.1K +455 +9%
RFG
1203
Range Financial Group
Oregon
$412K -$2.66K -31 -0.6%
APM
1204
Advanced Portfolio Management
New York
$412K +$452K +5,262 New
BRM
1205
Boston Research & Management
Massachusetts
$411K +$4.12K +48 +0.9%
RGC
1206
Roberts, Glore & Co
Illinois
$410K +$28.2K +329 +7%
EB
1207
Eastern Bank
Massachusetts
$409K
PCA
1208
Peddock Capital Advisors
Massachusetts
$407K +$32.9K +383 +8%
PSB
1209
Piscataqua Savings Bank
New Hampshire
$405K
GL
1210
Graypoint LLC
New York
$404K -$52.7K -614 -11%
BI
1211
Berkeley Inc
Idaho
$403K -$297K -3,463 -40%
NRD
1212
Nebula Research & Development
New York
$402K +$441K +5,131 New
AWM
1213
Aberdeen Wealth Management
Illinois
$401K -$304K -3,539 -41%
GCP
1214
GSA Capital Partners
United Kingdom
$400K -$862K -10,036 -66%
PCM
1215
PenderFund Capital Management
British Columbia, Canada
$399K +$322K +3,755 New
IAMOG
1216
Investors Asset Management of Georgia
Georgia
$399K +$25.7K +299 +6%
BCA
1217
Bray Capital Advisors
Florida
$398K -$53.8K -627 -11%
OC
1218
Oakworth Capital
Alabama
$398K -$73.5K -856 -14%
JPWM
1219
Jamison Private Wealth Management
Georgia
$396K +$434K +5,055 New
LCM
1220
Logan Capital Management
Pennsylvania
$394K
CA
1221
Cornerstone Advisory
Maryland
$392K +$6.27K +73 +1%
MAG
1222
Mayfair Advisory Group
Alabama
$389K +$63.9K +744 +17%
CBTWT
1223
Community Bank & Trust (Waco, Texas)
Texas
$389K +$5.24K +61 +1%
BFC
1224
Bedel Financial Consulting
Indiana
$389K +$21.2K +247 +5%
SC
1225
Savoie Capital
Illinois
$388K +$426K +4,962 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.