We are live on ! Find out more

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
CT
1426
Columbia Trust
Oregon
$290K
PWW
1427
Pettyjohn Wood & White
Virginia
$290K -$26.4K -311 -8%
GA
1428
Gateway Advisory
New Jersey
$290K +$294K +3,465 New
FCM
1429
Firestone Capital Management
Florida
$290K -$11.2K -132 -4%
SA
1430
Shilanski & Associates
Alaska
$288K +$1.1K +13 +0.4%
CS
1431
Comerica Securities
Michigan
$287K -$15.5K -182 -5%
GTAM
1432
Global Trust Asset Management
Florida
$286K -$7.56K -89 -3%
EBA
1433
Eagle Bay Advisors
New York
$286K -$55.7K -656 -16%
TCPWM
1434
Traverso Chambers Private Wealth Management
California
$286K
BFA
1435
Beaumont Financial Advisors
Massachusetts
$283K -$19.6K -231 -6%
RIS
1436
Retirement Income Solutions
Michigan
$283K -$27.9K -329 -9%
MWM
1437
Merriman Wealth Management
Washington
$281K
BIA
1438
Bigelow Investment Advisors
Maine
$281K -$519K -6,115 -65%
VA
1439
Valmark Advisers
Ohio
$281K -$82.9K -976 -23%
FCA
1440
Fortis Capital Advisors
Kansas
$281K -$16.7K -197 -6%
AA
1441
AJ Advisors
Tennessee
$280K +$4.16K +49 +1%
NEWAS
1442
N.E.W. Advisory Services
Wisconsin
$279K -$70.5K -830 -20%
SP
1443
Successful Portfolios
Florida
$279K +$1.1K +13 +0.4%
JWBC
1444
J.W. Burns & Co
New York
$278K +$10.2K +120 +4%
ISL
1445
Ingalls & Snyder LLC
New York
$277K -$15.5K -183 -5%
HAG
1446
HF Advisory Group
Maryland
$276K +$28K +330 +11%
MFC
1447
Mechanics Financial Corp
Ohio
$276K +$1.78K +21 +0.6%
LSA
1448
Lion Street Advisors
Texas
$275K +$157K +1,843 New
1WM
1449
1900 Wealth Management
Texas
$273K -$9.17K -108 -3%
GAB
1450
German American Bancorp
Indiana
$273K

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.