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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
SFP
1526
Shepherd Financial Partners
Massachusetts
$240K -$20K -236 -8%
CWP
1527
Corepath Wealth Partners
Arizona
$238K
GA
1528
Greenhaven Associates
New York
$237K
TC
1529
Telemus Capital
Michigan
$235K -$26.1K -307 -10%
CAM
1530
Campion Asset Management
Virginia
$235K -$13.7K -161 -5%
MA
1531
MKT Advisors
California
$234K +$1.19K +14 +0.6%
BMM
1532
Buffington Mohr McNeal
Idaho
$234K
MCCA
1533
Mill Creek Capital Advisors
Pennsylvania
$233K -$17.6K -207 -7%
P
1534
&Partners
Tennessee
$232K +$3.99K +47 +2%
WCG
1535
Weaver Consulting Group
California
$232K -$81.3K -957 -26%
PCI
1536
Planning Center Inc
Illinois
$232K -$21.2K -249 -8%
IGWM
1537
ICA Group Wealth Management
Colorado
$231K -$362K -4,258 -61%
AT
1538
Arvest Trust
Oklahoma
$230K +$210K +2,469 New
CWM
1539
Campbell Wealth Management
Virginia
$230K +$3.06K +36 +1%
SAM
1540
Shell Asset Management
Netherlands
$229K -$1.15M -13,552 -83%
TLCM
1541
Twin Lakes Capital Management
California
$229K
SAM
1542
S.A. Mason
Michigan
$229K
SC
1543
Schoolcraft Capital
Colorado
$227K +$231K +2,714 New
BAM
1544
Byrne Asset Management
New Jersey
$226K +$92K +1,083 +67%
SWM
1545
Silverlake Wealth Management
Vermont
$226K +$1.44K +17 +0.6%
HI
1546
Humankind Investments
New York
$226K -$491K -5,775 -68%
DTC
1547
Davidson Trust Company
Washington
$226K -$5.52K -65 -2%
HPM
1548
Hoxton Planning & Management
West Virginia
$225K -$13K -153 -5%
HFS
1549
Heritage Financial Services
Massachusetts
$225K
MFWP
1550
Mosaic Family Wealth Partners
Missouri
$225K +$170 +2 +0.1%

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.