We are live on ! Find out more

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
AWAU
1251
Alliance Wealth Advisors (Utah)
Utah
$368K +$173K +2,012 +75%
BHBT
1252
Burke & Herbert Bank & Trust
Virginia
$368K -$31.7K -369 -7%
NFA
1253
Northern Financial Advisors
Michigan
$368K +$403K +4,698 New
MOS
1254
MGO One Seven
Ohio
$367K +$1.12K +13 +0.3%
PP
1255
PDS Planning
Ohio
$367K -$16K -186 -4%
JEST
1256
JTC Employer Solutions Trustee
Jersey
$367K +$363K +4,228 +913%
VHAM
1257
Van Hulzen Asset Management
California
$366K -$7.21K -84 -2%
SPWM
1258
Schrum Private Wealth Management
Florida
$365K -$9.1K -106 -2%
ZIG
1259
Zuckerman Investment Group
Illinois
$364K
FFM
1260
Forum Financial Management
Illinois
$363K -$101K -1,173 -20%
CHJWM
1261
Carlton Hofferkamp & Jenks Wealth Management
Texas
$361K -$131K -1,526 -24%
JF
1262
Joule Financial
Kentucky
$361K +$33.9K +395 +9%
EA
1263
Emerald Advisors
Washington
$360K -$17.8K -207 -4%
CSB
1264
City State Bank
Iowa
$360K +$176K +2,045 +80%
9WM
1265
9258 Wealth Management
Ohio
$357K +$17.3K +201 +5%
NWA
1266
New World Advisors
Massachusetts
$357K
FTWA
1267
Fifth Third Wealth Advisors
Ohio
$357K +$1.46K +17 +0.4%
EB
1268
Exchange Bank
California
$356K
CAM
1269
CPA Asset Management
Florida
$356K
AF
1270
Arrow Financial
New York
$355K -$3.69K -43 -0.9%
CF
1271
Centaurus Financial
California
$355K +$7.64K +89 +2%
TW
1272
Transform Wealth
Colorado
$355K -$350K -4,081 -47%
HPIA
1273
Hamilton Point Investment Advisors
North Carolina
$355K
ATC
1274
Adirondack Trust Company
New York
$354K -$46.3K -539 -11%
BFM
1275
Boothbay Fund Management
New York
$353K +$4.04K +47 +1%

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.