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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
RW
1301
Rede Wealth
Virginia
$333K -$62.2K -724 -15%
WAM
1302
Weatherly Asset Management
California
$332K -$15.4K -179 -4%
GLLW
1303
Graves Light Lenhart Wealth
Virginia
$332K
RWM
1304
Revisor Wealth Management
Ohio
$330K +$773 +9 +0.2%
OWP
1305
Obermeyer Wealth Partners
Colorado
$330K -$23K -268 -6%
ZIG
1306
Zullo Investment Group
Pennsylvania
$329K +$18.5K +216 +5%
WAS
1307
Winch Advisory Services
Wisconsin
$329K -$3.95K -46 -1%
GIA
1308
GHP Investment Advisors
Colorado
$329K -$51K -594 -12%
MME
1309
Meag Munich Ergo
Germany
$328K +$155K +1,802 +75%
Members Trust
1310
Members Trust
Florida
$328K +$361K +4,206 New
GSEP
1311
Golden State Equity Partners
California
$327K +$42K +489 +13%
IF
1312
Insight Folios
North Carolina
$327K -$15.4K -179 -4%
MMG
1313
Monetary Management Group
Missouri
$325K -$38.6K -449 -10%
QPWM
1314
Quadrant Private Wealth Management
Pennsylvania
$325K -$2.15K -25 -0.6%
JCM
1315
J2 Capital Management
Michigan
$324K -$7.38K -86 -2%
LOIP
1316
Live Oak Investment Partners
Texas
$324K
BPWM
1317
Badgley Phelps Wealth Managers
Washington
$323K -$183K -2,137 -34%
AWA
1318
Aaron Wealth Advisors
Illinois
$323K +$41.1K +479 +13%
CW
1319
CreativeOne Wealth
Kansas
$323K -$236K -2,747 -40%
PMG
1320
ProVise Management Group
Florida
$321K +$82.3K +959 +31%
NERM
1321
New England Research & Management
Illinois
$320K
CGL
1322
Clarius Group LLC
Washington
$320K +$131K +1,521 +59%
CSPAM
1323
Cary Street Partners Asset Management
Virginia
$319K -$28.8K -335 -8%
FIA
1324
Foundations Investment Advisors
Arizona
$319K +$7.81K +91 +2%
SFO
1325
Stokes Family Office
Louisiana
$319K +$131K +1,520 +60%

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.