3M
1,997 hedge funds and large institutions have $81B invested in 3M in 2019 Q1 according to their latest regulatory filings, with 138 funds opening new positions, 773 increasing their positions, 789 reducing their positions, and 79 closing their positions.
75% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 79
10% more capital invested
Capital invested by funds: $73.4B → $81B (+$7.58B)
2% more funds holding
Funds holding: 1,959 → 1,997 (+38)
1.36% more ownership
Funds ownership: 79.82% → 81.18% (+1.4%)
2% less repeat investments, than reductions
Existing positions increased: 773 | Existing positions reduced: 789
8% less call options, than puts
Call options by funds: $1B | Put options by funds: $1.09B
11% less funds holding in top 10
Funds holding in top 10: 111 → 99 (-12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$651M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$205M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$135M |
| 4 |
Legal & General Group
London,
United Kingdom
|
+$132M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$127M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$163M |
| 2 |
Bank of New York Mellon
New York
|
-$163M |
| 3 |
Asset Management One
Tokyo,
Japan
|
-$136M |
| 4 |
First Manhattan
New York
|
-$122M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$117M |
MMM Hedge Fund Activity: Q1 2019 in Review
1,997 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q1 2019, worth a combined $81B — up 10% from $73.4B a quarter earlier.
Buyers outnumbered sellers: 138 funds opened new MMM positions and 79 closed out — a net gain of 59 holders — while 773 added to existing stakes and 789 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $651M. The largest seller was Fidelity Investments, cutting an estimated $163M.
- 1,997 institutional investors held 3M (MMM) as of Q1 2019, up from 1,959 in Q4 2018.
- Funds reported $81B of 3M stock for Q1 2019, up 10% quarter-over-quarter.
- 138 funds opened new 3M positions in Q1 2019 and 79 closed out, a net change of +59 holders.
- The largest 3M buyer in Q1 2019 was Capital World Investors, an estimated $651M added.
- The largest 3M seller in Q1 2019 was Fidelity Investments, an estimated $163M sold.
Based on aggregated 13F filings for Q1 2019.