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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
AAIS
1501
ABN AMRO Investment Solutions
$234K -$12.7K -148 -5%
HTHT
1502
Hemenway Trust Hemenway Trust
New Hampshire
$233K
BFS
1503
Bard Financial Services
Connecticut
$233K -$15.5K -180 -6%
SB
1504
Simmons Bank
Arkansas
$233K -$85.3K -993 -25%
GKWIM
1505
Gerber Kawasaki Wealth & Investment Management
California
$233K +$36.7K +427 +17%
KA
1506
Kure Advisory
Minnesota
$232K +$255K +2,965 New
MFS
1507
Mirabella Financial Services
United Kingdom
$232K +$254K +2,964 New
WA
1508
WP Advisors
California
$232K +$47K +547 +23%
NWM
1509
Northcape Wealth Management
New York
$231K -$20.9K -243 -8%
LWM
1510
Lodestone Wealth Management
Washington
$231K -$4.55K -53 -2%
CHC
1511
City Holding Co
West Virginia
$229K -$20.6K -240 -8%
SA
1512
Strategic Advocates
Utah
$227K +$249K +2,905 New
VCP
1513
Verus Capital Partners
Arizona
$227K +$249K +2,900 New
P
1514
&Partners
Tennessee
$227K +$10.3K +120 +4%
RFG
1515
RFP Financial Group
Georgia
$226K +$44.6K +520 +22%
NAS
1516
Nicolet Advisory Services
Wisconsin
$225K +$4.89K +57 +2%
HCM
1517
Hall Capital Management
Rhode Island
$225K
Kayne Anderson Rudnick Investment Management
1518
Kayne Anderson Rudnick Investment Management
California
$225K
SIAG
1519
Safeguard Investment Advisory Group
California
$225K -$11.3K -132 -4%
FCB
1520
First County Bank
Connecticut
$224K -$111K -1,292 -31%
MF
1521
Manchester Financial
California
$224K +$245K +2,857 New
NC
1522
NBW Capital
Massachusetts
$223K -$4.12K -48 -2%
GA
1523
Greenhaven Associates
New York
$222K
HC
1524
Hamilton Capital
Ohio
$221K +$242K +2,818 New
RIS
1525
Retirement Income Solutions
Michigan
$220K -$49.3K -574 -17%

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.