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1,952 hedge funds and large institutions have $38.1B invested in 3M in 2023 Q1 according to their latest regulatory filings, with 134 funds opening new positions, 748 increasing their positions, 814 reducing their positions, and 221 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% less repeat investments, than reductions

Existing positions increased: 748 | Existing positions reduced: 814

1.04% less ownership

Funds ownership: 79.8%78.77% (-1%)

6% less funds holding

Funds holding: 2,0841,952 (-132)

12% less call options, than puts

Call options by funds: $886M | Put options by funds: $1B

16% less capital invested

Capital invested by funds: $45.3B → $38.1B (-$7.25B)

17% less funds holding in top 10

Funds holding in top 10: 2319 (-4)

39% less first-time investments, than exits

New positions opened: 134 | Existing positions closed: 221

Holders
1,952
Holders Change
-132
Holders Change %
-6.33%
% of All Funds
31.11%
Holding in Top 10
19
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-17.39%
% of All Funds
0.3%
New
134
Increased
748
Reduced
814
Closed
221
Calls
$886M
Puts
$1B
Net Calls
-$119M
Net Calls Change
-$187M
Name Holding Trade Value Shares
Change
Change in
Stake
SIM
1326
Sentry Investment Management
Wisconsin
$383K -$2.83K -30 -0.7%
ISWM
1327
Independent Solutions Wealth Management
New York
$382K +$61.9K +656 +18%
TPWM
1328
Twelve Points Wealth Management
Massachusetts
$381K +$62.4K +662 +18%
GL
1329
Graypoint LLC
New York
$381K -$191K -2,022 -32%
MA
1330
MCF Advisors
Kentucky
$381K -$13K -138 -3%
MA
1331
MBA Advisors
Pennsylvania
$381K +$754 +8 +0.2%
VA
1332
Valmark Advisers
Ohio
$381K +$42.2K +448 +12%
FPCG
1333
Fort Pitt Capital Group
Pennsylvania
$380K -$158K -1,677 -28%
CM
1334
Cercano Management
Washington
$378K
ZIG
1335
Zuckerman Investment Group
Illinois
$378K
SB
1336
Simmons Bank
Arkansas
$378K -$53.6K -568 -12%
CB
1337
Cadence Bank
Mississippi
$377K -$108K -1,149 -21%
FWM
1338
FFT Wealth Management
Pennsylvania
$377K +$121K +1,280 +43%
LF
1339
Lantz Financial
Illinois
$376K +$167K +1,770 +71%
SLF
1340
Sun Life Financial
Ontario, Canada
$376K
AWE
1341
Avidian Wealth Enterprises
Texas
$375K -$64.5K -684 -14%
WAS
1342
Winch Advisory Services
Wisconsin
$374K -$377 -4 -0.1%
CCFM
1343
Clear Creek Financial Management
Washington
$373K +$28.2K +299 +8%
I
1344
InceptionR
California
$373K -$303K -3,208 -43%
PB
1345
Pinnacle Bancorp
Nebraska
$373K
MSA
1346
Marino Stram & Associates
Massachusetts
$372K -$16.1K -171 -4%
BAM
1347
Berkshire Asset Management
Pennsylvania
$371K +$398K +4,219 New
MCC
1348
Money Concepts Capital
Florida
$371K -$1.13M -12,016 -74%
EWA
1349
Encompass Wealth Advisors
Oregon
$370K +$189 +2 +0%
DCM
1350
Donaldson Capital Management
Indiana
$369K -$63.9K -678 -14%

MMM Hedge Fund Activity: Q1 2023 in Review

1,952 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q1 2023, worth a combined $38.1B — down 16% from $45.3B a quarter earlier.

Sellers outnumbered buyers: 221 funds closed out of MMM and 134 opened new positions — a net loss of 87 holders — while 814 trimmed existing stakes and 748 added.

The largest buyer was Vanguard Group, adding an estimated $165M. The largest seller was Massachusetts Financial Services, cutting an estimated $345M.

  • 1,952 institutional investors held 3M (MMM) as of Q1 2023, down from 2,084 in Q4 2022.
  • Funds reported $38.1B of 3M stock for Q1 2023, down 16% quarter-over-quarter.
  • 134 funds opened new 3M positions in Q1 2023 and 221 closed out, a net change of -87 holders.
  • The largest 3M buyer in Q1 2023 was Vanguard Group, an estimated $165M added.
  • The largest 3M seller in Q1 2023 was Massachusetts Financial Services, an estimated $345M sold.

Based on aggregated 13F filings for Q1 2023.