3M
1,694 hedge funds and large institutions have $71.1B invested in 3M in 2016 Q4 according to their latest regulatory filings, with 149 funds opening new positions, 596 increasing their positions, 685 reducing their positions, and 82 closing their positions.
82% more first-time investments, than exits
New positions opened: 149 | Existing positions closed: 82
3% more funds holding
Funds holding: 1,650 → 1,694 (+44)
3% more capital invested
Capital invested by funds: $69.1B → $71.1B (+$1.94B)
0.4% more ownership
Funds ownership: 78.83% → 79.23% (+0.4%)
0% more funds holding in top 10
Funds holding in top 10: 134 → 134 (0)
13% less repeat investments, than reductions
Existing positions increased: 596 | Existing positions reduced: 685
36% less call options, than puts
Call options by funds: $637M | Put options by funds: $998M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$293M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$255M |
| 3 |
Asset Management One
Tokyo,
Japan
|
+$170M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$142M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$112M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$184M |
| 2 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
-$178M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$119M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$111M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$109M |
MMM Hedge Fund Activity: Q4 2016 in Review
1,694 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q4 2016, worth a combined $71.1B — up 2.8% from $69.1B a quarter earlier.
Buyers outnumbered sellers: 149 funds opened new MMM positions and 82 closed out — a net gain of 67 holders — while 596 added to existing stakes and 685 trimmed.
The largest buyer was State Street, adding an estimated $293M. The largest seller was Fidelity Investments, cutting an estimated $184M.
- 1,694 institutional investors held 3M (MMM) as of Q4 2016, up from 1,650 in Q3 2016.
- Funds reported $71.1B of 3M stock for Q4 2016, up 2.8% quarter-over-quarter.
- 149 funds opened new 3M positions in Q4 2016 and 82 closed out, a net change of +67 holders.
- The largest 3M buyer in Q4 2016 was State Street, an estimated $293M added.
- The largest 3M seller in Q4 2016 was Fidelity Investments, an estimated $184M sold.
Based on aggregated 13F filings for Q4 2016.