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1,952 hedge funds and large institutions have $38.1B invested in 3M in 2023 Q1 according to their latest regulatory filings, with 134 funds opening new positions, 748 increasing their positions, 814 reducing their positions, and 221 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% less repeat investments, than reductions

Existing positions increased: 748 | Existing positions reduced: 814

1.04% less ownership

Funds ownership: 79.8%78.77% (-1%)

6% less funds holding

Funds holding: 2,0841,952 (-132)

12% less call options, than puts

Call options by funds: $886M | Put options by funds: $1B

16% less capital invested

Capital invested by funds: $45.3B → $38.1B (-$7.25B)

17% less funds holding in top 10

Funds holding in top 10: 2319 (-4)

39% less first-time investments, than exits

New positions opened: 134 | Existing positions closed: 221

Holders
1,952
Holders Change
-132
Holders Change %
-6.33%
% of All Funds
31.11%
Holding in Top 10
19
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-17.39%
% of All Funds
0.3%
New
134
Increased
748
Reduced
814
Closed
221
Calls
$886M
Puts
$1B
Net Calls
-$119M
Net Calls Change
-$187M
Name Holding Trade Value Shares
Change
Change in
Stake
EFG
1451
Ethos Financial Group
Pennsylvania
$315K +$339K +3,590 New
CA
1452
Cresta Advisors
Texas
$315K +$113K +1,196 +50%
AT
1453
Avalon Trust
New Mexico
$315K +$338K +3,588 New
SMWM
1454
Silvia McColl Wealth Management
California
$315K -$16.9K -179 -5%
CFAM
1455
Coury Firm Asset Management
Pennsylvania
$315K +$32.5K +345 +11%
SB
1456
Strategic Blueprint
Georgia
$313K +$16.3K +173 +5%
WTA
1457
Washington Trust Advisors
Massachusetts
$313K -$18.8K -199 -5%
CCA
1458
Checchi Capital Advisers
California
$313K -$37.3K -396 -10%
FCA
1459
Fortis Capital Advisors
Kansas
$312K +$59.7K +633 +22%
FCM
1460
Firestone Capital Management
Florida
$311K +$65.4K +694 +24%
PFA
1461
Petra Financial Advisors
Colorado
$310K +$22.4K +237 +7%
LWP
1462
Lumature Wealth Partners
Georgia
$310K +$29K +307 +10%
GTAM
1463
Global Trust Asset Management
Florida
$309K -$101K -1,072 -23%
RWM
1464
Revisor Wealth Management
Ohio
$308K +$331K +3,507 New
AHB
1465
Abner Herrman & Brock
New Jersey
$308K
DM
1466
Diker Management
New York
$308K
PT
1467
Plimoth Trust
Massachusetts
$307K -$594K -6,301 -64%
BO
1468
Bank OZK
Arkansas
$307K -$1.53M -16,269 -82%
ISL
1469
Ingalls & Snyder LLC
New York
$307K -$65.1K -690 -16%
PFBT
1470
Parkside Financial Bank & Trust
Missouri
$307K -$227K -2,406 -41%
RPGK
1471
Retirement Planning Group (Kansas)
Kansas
$306K +$328K +3,482 New
DWM
1472
Dorchester Wealth Management
Quebec, Canada
$306K -$25.4K -269 -7%
I2I
1473
Insight 2811 Inc
Illinois
$306K -$5.66K -60 -2%
ORAM
1474
One River Asset Management
Connecticut
$306K -$3.33M -35,310 -91%
CA
1475
Claro Advisors
Massachusetts
$306K +$56.7K +601 +21%

MMM Hedge Fund Activity: Q1 2023 in Review

1,952 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q1 2023, worth a combined $38.1B — down 16% from $45.3B a quarter earlier.

Sellers outnumbered buyers: 221 funds closed out of MMM and 134 opened new positions — a net loss of 87 holders — while 814 trimmed existing stakes and 748 added.

The largest buyer was Vanguard Group, adding an estimated $165M. The largest seller was Massachusetts Financial Services, cutting an estimated $345M.

  • 1,952 institutional investors held 3M (MMM) as of Q1 2023, down from 2,084 in Q4 2022.
  • Funds reported $38.1B of 3M stock for Q1 2023, down 16% quarter-over-quarter.
  • 134 funds opened new 3M positions in Q1 2023 and 221 closed out, a net change of -87 holders.
  • The largest 3M buyer in Q1 2023 was Vanguard Group, an estimated $165M added.
  • The largest 3M seller in Q1 2023 was Massachusetts Financial Services, an estimated $345M sold.

Based on aggregated 13F filings for Q1 2023.