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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
RA
1476
Rise Advisors
New York
$244K +$21.7K +253 +9%
GWM
1477
Greenwich Wealth Management
Connecticut
$244K +$5.75K +67 +2%
BCM
1478
Boltwood Capital Management
California
$243K +$5.15K +60 +2%
HHGA
1479
Halbert Hargrove Global Advisors
California
$243K -$190K -2,217 -42%
FMLI
1480
Fukoku Mutual Life Insurance
Japan
$242K
BFA
1481
Beaumont Financial Advisors
Massachusetts
$241K -$26K -303 -9%
FFP
1482
FourThought Financial Partners
Florida
$241K -$5.92K -69 -2%
1WA
1483
180 Wealth Advisors
Washington
$240K +$7.99K +93 +3%
SIA
1484
Strategic Investment Advisors
Michigan
$240K +$264K +3,069 New
AIC
1485
Archer Investment Corporation
Indiana
$240K +$429 +5 +0.2%
FFA
1486
Fragasso Financial Advisors
Pennsylvania
$239K +$9.53K +111 +4%
CAM
1487
Cozad Asset Management
Illinois
$239K -$118K -1,375 -31%
JWBC
1488
J.W. Burns & Co
New York
$239K -$23.1K -269 -8%
CT
1489
Clearstead Trust
Maine
$238K -$107K -1,246 -29%
RB
1490
Rodgers Brothers
Pennsylvania
$238K -$131K -1,530 -33%
SSWG
1491
Seven Springs Wealth Group
Tennessee
$238K +$4.12K +48 +2%
PT
1492
Plimoth Trust
Massachusetts
$236K -$4.12K -48 -2%
LWM
1493
Laidlaw Wealth Management
New York
$236K +$52.5K +611 +25%
CB
1494
Community Bank
New York
$236K -$130K -1,519 -34%
IEFM
1495
IQ EQ Fund Management
Ireland
$235K
FPWM
1496
FSB Premier Wealth Management
Iowa
$234K -$3.09K -36 -1%
NAG
1497
Northstar Advisory Group
New Jersey
$234K -$163K -1,895 -39%
IIM
1498
Intact Investment Management
Quebec, Canada
$234K -$1.32M -15,428 -84%
HCM
1499
Hillman Capital Management
Maryland
$234K -$239K -2,789 -48%
SOS
1500
Silver Oak Securities
Tennessee
$234K +$6.35K +74 +3%

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.