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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
BONST
1301
Bank of Nova Scotia Trust
Ontario, Canada
$368K -$44.8K -527 -11%
NRI
1302
NFP Retirement Inc
California
$368K +$57.9K +682 +18%
REMPR
1303
Roof Eidam Maycock Peralta (REMP)
California
$368K
LI
1304
LMCG Investments
Massachusetts
$368K
HWP
1305
Highline Wealth Partners
California
$367K +$510 +6 +0.1%
SFG
1306
Summit Financial Group
West Virginia
$366K -$20.3K -239 -5%
WPA
1307
Winning Points Advisors
Florida
$365K
9WM
1308
9258 Wealth Management
Ohio
$365K -$32K -377 -8%
IF
1309
Insight Folios
North Carolina
$364K +$15.8K +186 +4%
MGAM
1310
McGowan Group Asset Management
Texas
$364K +$121K +1,422 +49%
WFS
1311
Widmann Financial Services
Maryland
$362K +$26.9K +317 +8%
PB
1312
Pinnacle Bancorp
Nebraska
$361K +$6.54K +77 +2%
SW
1313
Simplicity Wealth
New Jersey
$361K -$5.35K -63 -1%
CT
1314
Clearstead Trust
Maine
$359K -$93.6K -1,102 -20%
AA
1315
Auxano Advisors
Washington
$358K
AUB
1316
Atlantic Union Bankshares
Virginia
$358K -$73.6K -866 -17%
NRG
1317
Nemes Rush Group
Michigan
$358K +$363K +4,275 New
CIA
1318
Cladis Investment Advisory
Montana
$358K -$18.8K -221 -5%
MAG
1319
Mayfair Advisory Group
Alabama
$357K +$43.2K +509 +13%
MA
1320
MCF Advisors
Kentucky
$357K -$5.78K -68 -2%
PCM
1321
Penserra Capital Management
California
$357K +$360K +4,241 +11,781%
EWM
1322
Empirical Wealth Management
Washington
$357K +$85.5K +1,006 +31%
WAS
1323
Winch Advisory Services
Wisconsin
$356K +$85 +1 +0%
RCAG
1324
Rehmann Capital Advisory Group
Michigan
$356K -$119K -1,404 -25%
MCM
1325
MV Capital Management
Maryland
$356K +$33.7K +397 +10%

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.