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1,833 hedge funds and large institutions have $33.5B invested in 3M in 2023 Q3 according to their latest regulatory filings, with 134 funds opening new positions, 655 increasing their positions, 782 reducing their positions, and 157 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.88% less ownership

Funds ownership: 79.22%77.34% (-1.9%)

2% less funds holding

Funds holding: 1,8781,833 (-45)

6% less capital invested

Capital invested by funds: $35.8B → $33.5B (-$2.32B)

13% less call options, than puts

Call options by funds: $840M | Put options by funds: $970M

15% less first-time investments, than exits

New positions opened: 134 | Existing positions closed: 157

16% less repeat investments, than reductions

Existing positions increased: 655 | Existing positions reduced: 782

25% less funds holding in top 10

Funds holding in top 10: 2015 (-5)

Holders
1,833
Holders Change
-45
Holders Change %
-2.4%
% of All Funds
29.09%
Holding in Top 10
15
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-25%
% of All Funds
0.24%
New
134
Increased
655
Reduced
782
Closed
157
Calls
$840M
Puts
$970M
Net Calls
-$130M
Net Calls Change
+$122M
Name Holding Trade Value Shares
Change
Change in
Stake
LI
1376
LMCG Investments
Massachusetts
$289K -$60.2K -701 -16%
PCM
1377
Penserra Capital Management
California
$289K -$49.8K -580 -14%
JFGIW
1378
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$289K -$200K -2,330 -39%
WDC
1379
Woodward Diversified Capital
California
$288K -$86 -1 -0%
WA
1380
WealthTrust Axiom
Pennsylvania
$288K +$2.15K +25 +0.7%
TGAM
1381
TBH Global Asset Management
Tennessee
$287K -$258 -3 -0.1%
SFC
1382
Strategic Financial Concepts
Texas
$286K +$314K +3,656 New
FFA
1383
Farther Finance Advisors
California
$286K +$152K +1,769 +94%
VA
1384
Valmark Advisers
Ohio
$286K +$25.4K +296 +9%
STA
1385
Summit Trail Advisors
New York
$285K -$93.2K -1,085 -23%
TSW
1386
Thompson Siegel & Walmsley
Virginia
$285K
WTFG
1387
Wells Trecaso Financial Group
Ohio
$285K
NG
1388
Northstar Group
New York
$284K -$75.6K -880 -19%
SAM
1389
Summit Asset Management
Tennessee
$284K -$103K -1,196 -25%
RMAM
1390
Raab & Moskowitz Asset Management
New Jersey
$282K -$17K -198 -5%
WC
1391
Whitney & Co
New York
$281K -$25.7K -299 -8%
AT
1392
Avalon Trust
New Mexico
$281K
CA
1393
Cresta Advisors
Texas
$281K
NIC
1394
Northwest Investment Counselors
Oregon
$281K -$508K -5,922 -62%
PWW
1395
Pettyjohn Wood & White
Virginia
$281K +$10.4K +121 +3%
SMWM
1396
Silvia McColl Wealth Management
California
$280K
MA
1397
MBA Advisors
Pennsylvania
$280K +$60.3K +702 +24%
PMFA
1398
Plante Moran Financial Advisors
Michigan
$280K +$40.6K +473 +15%
USB
1399
Union Savings Bank
Connecticut
$280K
HFRG
1400
Houlihan Financial Resource Group
Virginia
$279K -$7.85M -91,386 -96%

MMM Hedge Fund Activity: Q3 2023 in Review

1,833 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q3 2023, worth a combined $33.5B — down 6.5% from $35.8B a quarter earlier.

Sellers outnumbered buyers: 157 funds closed out of MMM and 134 opened new positions — a net loss of 23 holders — while 782 trimmed existing stakes and 655 added.

The largest buyer was Bank of America, adding an estimated $372M. The largest seller was EP Wealth Advisors, cutting an estimated $666M.

  • 1,833 institutional investors held 3M (MMM) as of Q3 2023, down from 1,878 in Q2 2023.
  • Funds reported $33.5B of 3M stock for Q3 2023, down 6.5% quarter-over-quarter.
  • 134 funds opened new 3M positions in Q3 2023 and 157 closed out, a net change of -23 holders.
  • The largest 3M buyer in Q3 2023 was Bank of America, an estimated $372M added.
  • The largest 3M seller in Q3 2023 was EP Wealth Advisors, an estimated $666M sold.

Based on aggregated 13F filings for Q3 2023.