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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
STA
1251
Summit Trail Advisors
New York
$396K +$402K +4,728 New
LC
1252
LCNB Corp
Ohio
$395K -$21.5K -253 -5%
BFC
1253
Bedel Financial Consulting
Indiana
$395K +$2.63K +31 +0.7%
SDWIA
1254
Schwarz Dygos Wheeler Investment Advisors
Minnesota
$394K -$50.7K -597 -11%
JIC
1255
Joel Isaacson & Co
New York
$393K -$23.7K -279 -6%
HVIA
1256
Hudson Valley Investment Advisors
New York
$393K -$18.9K -222 -5%
HIA
1257
Harbor Investment Advisory
Maryland
$392K -$159K -1,869 -29%
MOS
1258
MGO One Seven
Ohio
$392K -$177K -2,080 -31%
MCM
1259
Maple Capital Management
Vermont
$390K +$23.4K +275 +6%
ZIG
1260
Zuckerman Investment Group
Illinois
$390K +$29.7K +350 +8%
TBWA
1261
Three Bridge Wealth Advisors
California
$388K -$16.1K -190 -4%
MHIC
1262
Marble Harbor Investment Counsel
Massachusetts
$387K -$45.8K -539 -10%
BO
1263
Bank OZK
Arkansas
$386K +$94.9K +1,117 +32%
JWM
1264
Jeppson Wealth Management
California
$385K -$131K -1,546 -25%
MMG
1265
Monetary Management Group
Missouri
$385K -$35.5K -418 -8%
NFG
1266
Nations Financial Group
Iowa
$384K -$17K -200 -4%
RA
1267
RFG Advisory
Alabama
$384K -$66.5K -783 -15%
AF
1268
Arrow Financial
New York
$383K -$45.2K -532 -10%
CIAS
1269
CFS Investment Advisory Services
New Jersey
$383K -$37K -436 -9%
TA
1270
Tiedemann Advisors
New York
$383K +$14.4K +169 +4%
RB
1271
Rodgers Brothers
Pennsylvania
$382K -$25.5K -300 -6%
MSE
1272
MUFG Securities EMEA
United Kingdom
$382K -$136K -1,604 -26%
ORAM
1273
One River Asset Management
Connecticut
$382K +$87.4K +1,029 +29%
NWA
1274
New World Advisors
Massachusetts
$382K
SCM
1275
Schnieders Capital Management
California
$381K -$150K -1,771 -28%

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.