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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
IWM
1376
Integris Wealth Management
California
$325K
CCM
1377
Cox Capital Management
Massachusetts
$324K
PAG
1378
Powers Advisory Group
Illinois
$324K +$14.9K +175 +5%
JMFC
1379
J.M. Forbes & Co
Massachusetts
$324K
DAC
1380
Dividend Assets Capital
South Carolina
$324K +$849 +10 +0.3%
OA
1381
Oxbow Advisors
Texas
$323K
SAM
1382
SignalPoint Asset Management
Missouri
$323K -$23.6K -278 -7%
MPCG
1383
Matrix Private Capital Group
New York
$321K
KTC
1384
Kistler-Tiffany Companies
Pennsylvania
$321K +$255 +3 +0.1%
W
1385
Wealthquest
Ohio
$319K
RMAM
1386
Raab & Moskowitz Asset Management
New Jersey
$318K -$4.42K -52 -1%
PA
1387
Probity Advisors
Texas
$317K +$322K +3,790 New
MKA
1388
M. Kulyk & Associates
Georgia
$317K
EFG
1389
Ethos Financial Group
Pennsylvania
$315K
EAM
1390
Evanson Asset Management
California
$315K -$5.1K -60 -2%
ERWM
1391
Elk River Wealth Management
Colorado
$314K -$18.3K -216 -5%
GLA
1392
Good Life Advisors
Pennsylvania
$313K +$66.9K +788 +27%
CAG
1393
Crestwood Advisors Group
Massachusetts
$312K -$31.9K -376 -9%
WB
1394
West Bancorporation
Iowa
$311K
SB
1395
Strategic Blueprint
Georgia
$311K +$12.3K +145 +4%
TFO
1396
Tarbox Family Office
California
$310K +$170 +2 +0.1%
GSEP
1397
Golden State Equity Partners
California
$309K +$313K +3,690 New
EW
1398
Evoke Wealth
California
$308K -$2.8K -33 -0.9%
WDC
1399
Woodward Diversified Capital
California
$308K
TGAM
1400
TBH Global Asset Management
Tennessee
$307K

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.