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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
MIA
1376
MMBG Investment Advisors
Florida
$354K -$1.58M -16,755 -81%
SIG
1377
Sargent Investment Group
Maryland
$353K +$1.6K +17 +0.4%
AMIM
1378
Aull & Monroe Investment Management
Alabama
$352K
WFS
1379
Widmann Financial Services
Maryland
$352K +$10.2K +108 +3%
RVM
1380
Robinson Value Management
Texas
$352K
KLWA
1381
Kelly Lawrence W & Associates
California
$352K +$113K +1,196 +43%
EGA
1382
Eagle Global Advisors
Texas
$352K
WPA
1383
Winning Points Advisors
Florida
$351K -$25.4K -269 -6%
DWM
1384
Dakota Wealth Management
Florida
$350K -$241K -2,559 -39%
FWP
1385
FAS Wealth Partners
Kansas
$350K +$15.9K +169 +4%
CA
1386
Crewe Advisors
Utah
$350K -$849 -9 -0.2%
CWM
1387
Calamos Wealth Management
Illinois
$349K -$3.3K -35 -0.9%
ERWM
1388
Elk River Wealth Management
Colorado
$349K -$5.66K -60 -1%
MPIA
1389
Mountain Pacific Investment Advisers
Idaho
$348K -$78.9K -837 -17%
SC
1390
SRB Corp
Massachusetts
$347K -$30.2K -320 -8%
CSA
1391
Cottage Street Advisors
Massachusetts
$346K -$70.2M -744,400 -99%
DWM
1392
Drive Wealth Management
Utah
$346K -$50.3K -533 -12%
KFI
1393
Key Financial Inc
Pennsylvania
$345K +$7.73K +82 +2%
ESCM
1394
Echo Street Capital Management
New York
$344K -$779K -8,264 -68%
MAG
1395
Mayfair Advisory Group
Alabama
$344K +$124K +1,320 +51%
SIAP
1396
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$343K +$368K +3,905 New
SEEDPG
1397
S.E.E.D. Planning Group
New York
$343K -$23.2K -246 -6%
LOIP
1398
Live Oak Investment Partners
Texas
$342K
CPA
1399
Cardiff Park Advisors
California
$341K
IWM
1400
Integris Wealth Management
California
$341K

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.