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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
GTAM
1426
Global Trust Asset Management
Florida
$265K -$3.43K -40 -1%
HVIA
1427
Hudson Valley Investment Advisors
New York
$264K -$113K -1,317 -28%
HWA
1428
Heritage Wealth Advisors
Virginia
$264K -$25.7K -299 -8%
FCA
1429
Fortis Capital Advisors
Kansas
$262K
MWM
1430
Merriman Wealth Management
Washington
$262K -$773 -9 -0.3%
CYG
1431
Clean Yield Group
Vermont
$262K +$28.2K +328 +10%
IGWM
1432
ICA Group Wealth Management
Colorado
$261K +$49.8K +580 +21%
FBC
1433
Fairfield, Bush & Co
Connecticut
$261K -$205K -2,386 -42%
RL
1434
Rogco LP
Oklahoma
$261K +$286K +3,330 New
SP
1435
Successful Portfolios
Florida
$261K
AWM
1436
Axxcess Wealth Management
California
$260K +$68.3K +796 +31%
PSIWM
1437
Paradigm Strategies in Wealth Management
Minnesota
$260K -$64.9K -756 -19%
MFC
1438
Mechanics Financial Corp
Ohio
$258K
LL
1439
LPWM LLC
Minnesota
$258K -$4.64K -54 -2%
DAS
1440
Dynamic Advisor Solutions
Arizona
$258K -$156K -1,812 -35%
QL
1441
Quarry LP
New York
$258K +$265K +3,088 +1,485%
MGAM
1442
McGowan Group Asset Management
Texas
$258K -$90.3K -1,052 -24%
GAB
1443
German American Bancorp
Indiana
$255K
BSA
1444
Bull Street Advisors
Georgia
$255K +$23.6K +275 +9%
AG
1445
Advocate Group
Minnesota
$255K -$163K -1,900 -37%
BIA
1446
Bigelow Investment Advisors
Maine
$254K -$9.79K -114 -3%
NAM
1447
NTV Asset Management
West Virginia
$253K
ADMI
1448
Albert D. Mason Inc
Massachusetts
$253K
TA
1449
TKG Advisors
Indiana
$253K +$10.2K +119 +4%
AA
1450
AJ Advisors
Tennessee
$252K -$10.7K -125 -4%

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.