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1,905 hedge funds and large institutions have $78.5B invested in 3M in 2018 Q2 according to their latest regulatory filings, with 95 funds opening new positions, 728 increasing their positions, 781 reducing their positions, and 108 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.64% more ownership

Funds ownership: 79.95%80.59% (+0.64%)

7% less repeat investments, than reductions

Existing positions increased: 728 | Existing positions reduced: 781

1% less funds holding

Funds holding: 1,9341,905 (-29)

10% less capital invested

Capital invested by funds: $87.2B → $78.5B (-$8.71B)

12% less first-time investments, than exits

New positions opened: 95 | Existing positions closed: 108

34% less funds holding in top 10

Funds holding in top 10: 14999 (-50)

45% less call options, than puts

Call options by funds: $659M | Put options by funds: $1.21B

Holders
1,905
Holders Change
-29
Holders Change %
-1.5%
% of All Funds
43.61%
Holding in Top 10
99
Holding in Top 10 Change
-50
Holding in Top 10 Change %
-33.56%
% of All Funds
2.27%
New
95
Increased
728
Reduced
781
Closed
108
Calls
$659M
Puts
$1.21B
Net Calls
-$548M
Net Calls Change
+$7.43M
Name Holding Trade Value Shares
Change
Change in
Stake
SCCM
101
Schafer Cullen Capital Management
New York
$95.2M +$250K +1,465 +0.3%
RFC
102
Regions Financial Corp
Alabama
$95M -$4.79M -28,072 -5%
M&T Bank
103
M&T Bank
New York
$94.8M -$408K -2,388 -0.4%
Canada Life
104
Canada Life
Manitoba, Canada
$94.7M -$24.1M -141,099 -20%
JMPWA
105
JP Morgan Private Wealth Advisors
California
$91.9M +$1.95M +11,400 +2%
NB
106
Norinchukin Bank
Japan
$89.9M +$12.5M +73,303 +15%
AG
107
Aperio Group
California
$89.2M -$26.7M -156,639 -22%
ATO
108
Alecta Tjanstepension Omsesidigt
Sweden
$88.5M +$91.8M +538,200 New
BTW
109
Boston Trust Walden
Massachusetts
$88.2M -$111K -652 -0.1%
Retirement Systems of Alabama
110
Retirement Systems of Alabama
Alabama
$87.6M -$1.2M -7,008 -1%
Axa
111
Axa
France
$86.7M -$2.14M -12,564 -2%
CP
112
Coho Partners
Pennsylvania
$86.2M +$2.51M +14,691 +3%
N
113
Natixis
France
$81M +$9.59M +56,185 +13%
TBC
114
Tweedy, Browne Co
Connecticut
$80.4M -$1.98M -11,600 -2%
AII
115
AGF Investments Inc
Ontario, Canada
$80M +$23.4M +137,277 +39%
Ohio Public Employees Retirement System (OPERS)
116
Ohio Public Employees Retirement System (OPERS)
Ohio
$79.4M -$1.6M -9,353 -2%
SB
117
Suntrust Banks
Georgia
$79.1M -$233K -1,368 -0.3%
Toronto Dominion Bank
118
Toronto Dominion Bank
Ontario, Canada
$78.9M +$12.4M +72,565 +18%
AQR Capital Management
119
AQR Capital Management
Connecticut
$78.6M -$33.3M -195,120 -29%
Fifth Third Bancorp
120
Fifth Third Bancorp
Ohio
$78.1M -$831K -4,871 -1%
USAA
121
United Services Automobile Association
Texas
$76.4M -$6.3M -36,941 -7%
FI
122
Focused Investors
California
$71.8M +$15.8M +92,331 +27%
EAM
123
Eagle Asset Management
Florida
$71.6M -$24M -140,390 -24%
PRO
124
Pensioenfonds Rail & OV
Netherlands
$69.6M +$1.4M +8,182 +2%
GIA
125
Gateway Investment Advisers
Ohio
$69.5M -$808K -4,735 -1%

MMM Hedge Fund Activity: Q2 2018 in Review

1,905 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2018, worth a combined $78.5B — down 10% from $87.2B a quarter earlier.

Sellers outnumbered buyers: 108 funds closed out of MMM and 95 opened new positions — a net loss of 13 holders — while 781 trimmed existing stakes and 728 added.

The largest buyer was Parnassus Investments, opening a new position worth an estimated $733M. The largest seller was TIAA CREF Investment Management, cutting an estimated $434M.

  • 1,905 institutional investors held 3M (MMM) as of Q2 2018, down from 1,934 in Q1 2018.
  • Funds reported $78.5B of 3M stock for Q2 2018, down 10% quarter-over-quarter.
  • 95 funds opened new 3M positions in Q2 2018 and 108 closed out, a net change of -13 holders.
  • The largest 3M buyer in Q2 2018 was Parnassus Investments, an estimated $733M added.
  • The largest 3M seller in Q2 2018 was TIAA CREF Investment Management, an estimated $434M sold.

Based on aggregated 13F filings for Q2 2018.