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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
WG
1401
Welch Group
Alabama
$340K +$22.7K +241 +7%
CCM
1402
Cox Capital Management
Massachusetts
$340K
JMFC
1403
J.M. Forbes & Co
Massachusetts
$340K
OA
1404
Oxbow Advisors
Texas
$339K
HC
1405
Hoese & Co
Minnesota
$339K
CYG
1406
Clean Yield Group
Vermont
$339K -$140K -1,481 -28%
RMAM
1407
Raab & Moskowitz Asset Management
New Jersey
$339K
MCM
1408
MV Capital Management
Maryland
$339K +$65.1K +690 +22%
WTFG
1409
Wells Trecaso Financial Group
Ohio
$338K -$11.3K -120 -3%
TCM
1410
Telos Capital Management
California
$337K -$27K -286 -7%
MPCG
1411
Matrix Private Capital Group
New York
$337K -$4.34K -46 -1%
KTC
1412
Kistler-Tiffany Companies
Pennsylvania
$337K +$3.21K +34 +0.9%
LCGC
1413
Legacy Capital Group California
California
$336K +$361K +3,825 New
EAM
1414
Evanson Asset Management
California
$336K +$12K +127 +3%
W
1415
Wealthquest
Ohio
$335K -$12.4K -131 -3%
1WM
1416
1900 Wealth Management
Texas
$335K
WDL
1417
Well Done LLC
Michigan
$335K +$7.17K +76 +2%
RCWM
1418
Royal Capital Wealth Management
Indiana
$334K -$32.7K -347 -8%
SOW
1419
State of Wyoming
Wyoming
$334K +$101K +1,073 +39%
MKA
1420
M. Kulyk & Associates
Georgia
$333K -$18.2K -193 -5%
PWW
1421
Pettyjohn Wood & White
Virginia
$332K +$2.26K +24 +0.6%
SIM
1422
Studio Investment Management
Illinois
$332K +$34K +361 +11%
FFP
1423
FourThought Financial Partners
Florida
$331K -$67.5K -716 -16%
RDWM
1424
Red Door Wealth Management
Tennessee
$331K +$66.4K +704 +23%
RCM
1425
RB Capital Management
Nevada
$330K -$43.5K -461 -11%

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.