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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
HWA
1351
Heritage Wealth Advisors
Virginia
$369K +$6.41K +68 +2%
WC
1352
Whitney & Co
New York
$368K +$94 +1 +0%
QPWM
1353
Quadrant Private Wealth Management
Pennsylvania
$367K -$1.6K -17 -0.4%
IF
1354
Insight Folios
North Carolina
$366K +$30.7K +326 +8%
NEWAS
1355
N.E.W. Advisory Services
Wisconsin
$366K -$46.7K -495 -11%
PWM
1356
Paulson Wealth Management
Illinois
$366K +$28.2K +299 +8%
NAM
1357
NTV Asset Management
West Virginia
$366K
PAM
1358
Peak Asset Management
Colorado
$366K +$189 +2 +0%
WDG
1359
Wealth Dimensions Group
Ohio
$365K +$1.79K +19 +0.5%
CBTWT
1360
Community Bank & Trust (Waco, Texas)
Texas
$365K -$1.42K -15 -0.4%
FCB
1361
First County Bank
Connecticut
$365K -$1.6K -17 -0.4%
EWA
1362
EP Wealth Advisors
California
$364K -$172K -1,821 -14%
MIM
1363
Marco Investment Management
Georgia
$364K
SAM
1364
SignalPoint Asset Management
Missouri
$363K -$4.9K -52 -1%
VSQM
1365
V-Square Quantitative Management
Illinois
$362K +$389K +4,121 New
CAG
1366
Crestwood Advisors Group
Massachusetts
$361K +$41K +435 +12%
AA
1367
Auxano Advisors
Washington
$358K
EBA
1368
Eagle Bay Advisors
New York
$358K -$13.7K -145 -3%
CD
1369
Chapin Davis
Maryland
$358K -$184K -1,947 -32%
PSIWM
1370
Paradigm Strategies in Wealth Management
Minnesota
$357K +$943 +10 +0.2%
LOAMS
1371
Lombard Odier Asset Management (Switzerland)
Switzerland
$357K
CWP
1372
Concord Wealth Partners
Virginia
$357K -$127K -1,349 -25%
PP
1373
PDS Planning
Ohio
$356K +$6.04K +64 +2%
PSCM
1374
Per Stirling Capital Management
Texas
$355K
FFM
1375
Forum Financial Management
Illinois
$355K +$94 +1 +0%

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.