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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
CC
1226
Chicago Capital
Illinois
$409K -$203K -2,392 -33%
NAG
1227
Northstar Advisory Group
New Jersey
$409K +$105K +1,238 +34%
PP
1228
PDS Planning
Ohio
$408K +$69.8K +822 +20%
RG
1229
Rathbones Group
United Kingdom
$408K -$47.3K -557 -10%
CSI
1230
Cross Staff Investments
New York
$408K +$170 +2 +0%
MIM
1231
MTM Investment Management
South Carolina
$406K +$340 +4 +0.1%
THWM
1232
Taylor Hoffman Wealth Management
Virginia
$406K +$106K +1,250 +35%
LWP
1233
Lumature Wealth Partners
Georgia
$405K +$112K +1,314 +37%
VCM
1234
Vigilant Capital Management
Maine
$405K -$77.5K -912 -16%
CAM
1235
Claret Asset Management
Quebec, Canada
$405K -$8.07K -95 -2%
SAM
1236
Summit Asset Management
Tennessee
$404K -$17.2K -203 -4%
SCM
1237
Shelton Capital Management
Colorado
$404K -$23.1K -272 -5%
PCA
1238
Peddock Capital Advisors
Massachusetts
$403K +$3.06K +36 +0.8%
EA
1239
Emerald Advisors
Washington
$402K +$20.6K +243 +5%
QCG
1240
Quadrant Capital Group
Ohio
$402K -$4.67K -55 -1%
PCS
1241
Personal CFO Solutions
New Jersey
$401K +$21.6K +254 +6%
EAM
1242
Empirical Asset Management
Massachusetts
$401K +$407K +4,786 New
SPWM
1243
Straight Path Wealth Management
Michigan
$400K -$340 -4 -0.1%
GCM
1244
Glynn Capital Management
California
$400K
APA
1245
Astoria Portfolio Advisors
New York
$400K -$17.2K -202 -4%
SPWM
1246
Schrum Private Wealth Management
Florida
$399K -$4.25K -50 -1%
DA
1247
Detalus Advisors
Missouri
$399K -$76.7K -903 -16%
VHAM
1248
Van Hulzen Asset Management
California
$398K -$15.4M -181,749 -97%
LCGC
1249
Legacy Capital Group California
California
$396K +$77.3K +910 +24%
SOW
1250
State of Wyoming
Wyoming
$396K +$79.3K +933 +25%

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.