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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
LB
1501
Leo Brokerage
Texas
$291K +$312K +3,306 New
ACA
1502
Anchor Capital Advisors
Massachusetts
$290K -$10.2K -108 -3%
AA
1503
AJ Advisors
Tennessee
$290K +$4.53K +48 +1%
LC
1504
Landaas & Company
Wisconsin
$289K
GWP
1505
Gateway Wealth Partners
Wisconsin
$289K +$32.5K +345 +12%
SSWG
1506
Seven Springs Wealth Group
Tennessee
$289K
MFC
1507
Mechanics Financial Corp
Ohio
$288K -$5.56K -59 -2%
GAB
1508
German American Bancorp
Indiana
$287K
AOWM
1509
Alpha Omega Wealth Management
Virginia
$287K +$3.4K +36 +1%
EWM
1510
Empirical Wealth Management
Washington
$286K -$79.5K -843 -21%
WCM
1511
Weik Capital Management
Pennsylvania
$286K -$230K -2,442 -43%
ZAM
1512
Zevin Asset Management
Massachusetts
$283K
SIAG
1513
Safeguard Investment Advisory Group
California
$283K -$14.9K -158 -5%
APWM
1514
Atlas Private Wealth Management
New York
$283K -$11.2K -119 -4%
VAM
1515
Verity Asset Management
North Carolina
$281K -$29K -308 -9%
JWBC
1516
J.W. Burns & Co
New York
$281K -$25.5K -270 -8%
FPFS
1517
First Personal Financial Services
North Carolina
$280K +$14.7K +156 +5%
GAG
1518
GM Advisory Group
New York
$280K +$301K +3,189 New
LPIC
1519
LeJeune Puetz Investment Counsel
Michigan
$279K +$299K +3,175 New
RP
1520
Riverbridge Partners
Minnesota
$278K
BFG
1521
Barber Financial Group
Kansas
$278K -$566 -6 -0.2%
RWP
1522
Ridgecrest Wealth Partners
California
$278K +$298K +3,159 New
CHC
1523
City Holding Co
West Virginia
$278K -$54.1K -574 -15%
TFF
1524
The Family Firm
Maryland
$277K +$1.89K +20 +0.6%
PFGIA
1525
Patriot Financial Group Insurance Agency
Massachusetts
$277K +$73K +774 +33%

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.