3M
1,612 hedge funds and large institutions have $66B invested in 3M in 2016 Q1 according to their latest regulatory filings, with 108 funds opening new positions, 618 increasing their positions, 644 reducing their positions, and 62 closing their positions.
74% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 62
18% more funds holding in top 10
Funds holding in top 10: 111 → 131 (+20)
8% more capital invested
Capital invested by funds: $61.3B → $66B (+$4.77B)
2% more funds holding
Funds holding: 1,584 → 1,612 (+28)
0.19% more ownership
Funds ownership: 79.14% → 79.32% (+0.19%)
4% less repeat investments, than reductions
Existing positions increased: 618 | Existing positions reduced: 644
16% less call options, than puts
Call options by funds: $606M | Put options by funds: $721M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$168M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$113M |
| 3 |
Swiss National Bank
Zurich,
Switzerland
|
+$71.5M |
| 4 |
O
OppenheimerFunds
New York
|
+$60.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$58.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$267M |
| 2 |
GA
Greenhaven Associates
Purchase,
New York
|
-$208M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$175M |
| 4 |
Flossbach Von Storch
Cologne,
Germany
|
-$130M |
| 5 |
State Street
Boston,
Massachusetts
|
-$117M |
MMM Hedge Fund Activity: Q1 2016 in Review
1,612 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q1 2016, worth a combined $66B — up 7.8% from $61.3B a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new MMM positions and 62 closed out — a net gain of 46 holders — while 618 added to existing stakes and 644 trimmed.
The largest buyer was American Century Companies, adding an estimated $168M. The largest seller was First Eagle Investment Management, cutting an estimated $267M.
- 1,612 institutional investors held 3M (MMM) as of Q1 2016, up from 1,584 in Q4 2015.
- Funds reported $66B of 3M stock for Q1 2016, up 7.8% quarter-over-quarter.
- 108 funds opened new 3M positions in Q1 2016 and 62 closed out, a net change of +46 holders.
- The largest 3M buyer in Q1 2016 was American Century Companies, an estimated $168M added.
- The largest 3M seller in Q1 2016 was First Eagle Investment Management, an estimated $267M sold.
Based on aggregated 13F filings for Q1 2016.