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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
BIAS
1326
Beacon Investment Advisory Services
New Jersey
$355K -$139K -1,635 -28%
WDG
1327
Wealth Dimensions Group
Ohio
$354K +$6.54K +77 +2%
JCM
1328
J2 Capital Management
Michigan
$354K +$359K +4,227 New
JF
1329
Joule Financial
Kentucky
$353K +$358K +4,214 New
RWM
1330
Revisor Wealth Management
Ohio
$352K +$59.6K +702 +20%
BFAG
1331
Blackston Financial Advisory Group
Florida
$352K -$22.3K -262 -6%
FWP
1332
FAS Wealth Partners
Kansas
$352K +$18.1K +213 +5%
QPWM
1333
Quadrant Private Wealth Management
Pennsylvania
$350K
ODG
1334
O'Dell Group
Ohio
$349K -$16.3K -192 -4%
PAM
1335
Peak Asset Management
Colorado
$348K
FCB
1336
First County Bank
Connecticut
$348K +$595 +7 +0.2%
CBTWT
1337
Community Bank & Trust (Waco, Texas)
Texas
$347K
LOIP
1338
Live Oak Investment Partners
Texas
$343K
WIC
1339
Woodmont Investment Counsel
Tennessee
$343K -$701K -8,248 -67%
HWMG
1340
Hurlow Wealth Management Group
Indiana
$343K -$40.7K -479 -10%
TCM
1341
Telos Capital Management
California
$343K +$21.8K +257 +7%
LB
1342
Leo Brokerage
Texas
$343K +$67K +789 +24%
KLWA
1343
Kelly Lawrence W & Associates
California
$343K
NERM
1344
New England Research & Management
Illinois
$342K -$471K -5,546 -58%
QCM
1345
Quantinno Capital Management
New York
$342K -$316K -3,720 -48%
AFC
1346
AFT Forsyth & Company
Florida
$342K -$25.3K -298 -7%
PSIWM
1347
Paradigm Strategies in Wealth Management
Minnesota
$341K +$934 +11 +0.3%
IPW
1348
Inlet Private Wealth
Florida
$341K +$34.5K +406 +11%
SIG
1349
Sargent Investment Group
Maryland
$340K +$2.04K +24 +0.6%
RC
1350
RBO & Co
California
$340K +$345K +4,066 New

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.