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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
AFM
1476
Armstrong Fleming & Moore
District of Columbia
$262K +$266K +3,136 New
AAIS
1477
ABN AMRO Investment Solutions
$262K
PAMG
1478
Patton Albertson Miller Group
Tennessee
$262K -$463K -5,456 -64%
CPW
1479
Crestmont Private Wealth
Texas
$261K +$26K +306 +11%
AMBIA
1480
Allen Mooney & Barnes Investment Advisors
Georgia
$261K +$265K +3,118 New
SEEDPG
1481
S.E.E.D. Planning Group
New York
$261K -$67.1K -790 -20%
VCWA
1482
Vanguard Capital Wealth Advisors
Colorado
$260K +$264K +3,111 New
TA
1483
TKG Advisors
Indiana
$260K +$20.4K +240 +8%
LA
1484
Lane & Associates
New Jersey
$260K +$32.1K +378 +14%
JWM
1485
Janiczek Wealth Management
Colorado
$260K +$79K +930 +43%
AOWM
1486
Alpha Omega Wealth Management
Virginia
$260K -$13.8K -162 -5%
PFA
1487
Petra Financial Advisors
Colorado
$259K -$36.3K -427 -12%
PMFA
1488
Plante Moran Financial Advisors
Michigan
$259K +$66.1K +778 +34%
FPFS
1489
First Personal Financial Services
North Carolina
$259K -$8.66K -102 -3%
CCA
1490
Cobblestone Capital Advisors
New York
$258K
FMLI
1491
Fukoku Mutual Life Insurance
Japan
$258K
PT
1492
Plimoth Trust
Massachusetts
$257K -$36.5K -430 -12%
AIC
1493
Archer Investment Corporation
Indiana
$256K +$152K +1,786 +140%
GWM
1494
Greenwich Wealth Management
Connecticut
$255K +$3.65K +43 +1%
BCM
1495
Boltwood Capital Management
California
$255K +$5.1K +60 +2%
FPWM
1496
FSB Premier Wealth Management
Iowa
$253K -$37.5K -442 -13%
CBA
1497
Coastal Bridge Advisors
Connecticut
$253K +$1.27K +15 +0.5%
1WA
1498
180 Wealth Advisors
Washington
$252K +$13.3K +156 +6%
LWM
1499
Lodestone Wealth Management
Washington
$252K -$1.27K -15 -0.5%
IEFM
1500
IQ EQ Fund Management
Ireland
$252K

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.