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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
PA
1351
Procyon Advisors
Connecticut
$339K +$95.8K +1,128 +39%
ANTB
1352
AMG National Trust Bank
Colorado
$337K -$60.4K -711 -15%
QI
1353
Qtron Investments
Massachusetts
$336K -$89.3K -1,051 -21%
AMIM
1354
Aull & Monroe Investment Management
Alabama
$336K
RVM
1355
Robinson Value Management
Texas
$335K
QP
1356
Quilter Plc
United Kingdom
$334K -$32K -377 -48%
HKAM
1357
Horizon Kinetics Asset Management
New York
$334K +$45.7K +538 +16%
ZIG
1358
Zullo Investment Group
Pennsylvania
$334K +$50.9K +599 +18%
CA
1359
Crewe Advisors
Utah
$334K +$510 +6 +0.2%
FIA
1360
Foundations Investment Advisors
Arizona
$333K +$20.3K +239 +6%
USB
1361
Union Savings Bank
Connecticut
$333K +$303K +3,571 New
CWM
1362
Calamos Wealth Management
Illinois
$332K
SB
1363
Simmons Bank
Arkansas
$332K -$27.6K -325 -8%
MIA
1364
MMBG Investment Advisors
Florida
$332K
EGA
1365
Eagle Global Advisors
Texas
$330K -$5.1K -60 -1%
UAS
1366
United Asset Strategies
New York
$329K -$230K -2,705 -41%
KFI
1367
Key Financial Inc
Pennsylvania
$328K +$170 +2 +0.1%
TC
1368
Trust Company
Kansas
$328K +$15.5K +182 +5%
IWA
1369
Inspirion Wealth Advisors
Illinois
$327K -$102K -1,196 -23%
VSQM
1370
V-Square Quantitative Management
Illinois
$327K -$17.9K -211 -5%
BAM
1371
Berkshire Asset Management
Pennsylvania
$327K -$26.8K -315 -7%
SIM
1372
Studio Investment Management
Illinois
$326K +$10.4K +122 +3%
WC
1373
Whitney & Co
New York
$325K -$25.4K -299 -7%
MSA
1374
Marino Stram & Associates
Massachusetts
$325K -$29.8K -351 -8%
CPA
1375
Cardiff Park Advisors
California
$325K

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.