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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
HWA
1401
Heritage Wealth Advisors
Virginia
$307K -$44.6K -525 -13%
CD
1402
Chapin Davis
Maryland
$306K -$35.2K -414 -10%
AWA
1403
Aaron Wealth Advisors
Illinois
$305K -$2.55K -30 -0.8%
WA
1404
WealthTrust Axiom
Pennsylvania
$305K +$170 +2 +0.1%
WTFG
1405
Wells Trecaso Financial Group
Ohio
$305K -$17.8K -209 -5%
RCWM
1406
Royal Capital Wealth Management
Indiana
$304K -$13.6K -160 -4%
TSW
1407
Thompson Siegel & Walmsley
Virginia
$304K
CFAM
1408
Coury Firm Asset Management
Pennsylvania
$304K +$4.25K +50 +1%
CCA
1409
Checchi Capital Advisers
California
$303K +$5.18K +61 +2%
FAG
1410
Financial Advisory Group
Texas
$303K
RCM
1411
RB Capital Management
Nevada
$302K -$12.5K -147 -4%
AT
1412
Avalon Trust
New Mexico
$300K
CA
1413
Cresta Advisors
Texas
$300K
BAM
1414
Bosun Asset Management
Illinois
$300K +$17.2K +202 +6%
SMWM
1415
Silvia McColl Wealth Management
California
$300K
WTA
1416
Washington Trust Advisors
Massachusetts
$298K
ACP
1417
Arcus Capital Partners
Georgia
$298K +$303K +3,564 New
FSA
1418
Fort Sheridan Advisors
Illinois
$298K +$7.82K +92 +3%
DWM
1419
Drive Wealth Management
Utah
$298K -$32.4K -381 -10%
LL
1420
LPWM LLC
Minnesota
$294K -$188K -2,216 -39%
GWA
1421
GGM Wealth Advisors
Maryland
$294K +$293K +3,447 New
AHB
1422
Abner Herrman & Brock
New Jersey
$293K
DM
1423
Diker Management
New York
$293K
TIMH
1424
Tilt Investment Management Holdings
New York
$291K
CWM
1425
Chesapeake Wealth Management
Virginia
$290K

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.