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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
EWM
1526
Empirical Wealth Management
Washington
$220K -$125K -1,455 -34%
CAM
1527
Campion Asset Management
Virginia
$220K
CWM
1528
Campbell Wealth Management
Virginia
$218K +$3.09K +36 +1%
CAGAS
1529
Capital Advisory Group Advisory Services
Minnesota
$218K +$239K +2,783 New
WCG
1530
Weaver Consulting Group
California
$217K
ISL
1531
Ingalls & Snyder LLC
New York
$217K -$46.8K -545 -16%
PCI
1532
Planning Center Inc
Illinois
$217K
BMM
1533
Buffington Mohr McNeal
Idaho
$215K -$4.12K -48 -2%
EBA
1534
Eagle Bay Advisors
New York
$215K -$58.2K -678 -20%
CFA
1535
CWS Financial Advisors
Michigan
$214K +$235K +2,735 New
TLCM
1536
Twin Lakes Capital Management
California
$214K
RZH
1537
Relyea Zuckerberg Hanson
Connecticut
$214K +$4.21K +49 +2%
CAMV
1538
Concord Asset Management (Virginia)
Virginia
$214K +$234K +2,728 New
VP
1539
Verum Partners
North Carolina
$213K +$234K +2,721 New
MMPW
1540
Mitchell McLeod Pugh & Williams
Alabama
$213K -$12.1K -141 -5%
EAM
1541
Eukles Asset Management
Ohio
$212K +$7.38K +86 +3%
SC
1542
Schoolcraft Capital
Colorado
$212K
MFWP
1543
Mosaic Family Wealth Partners
Missouri
$211K +$172 +2 +0.1%
HFS
1544
Heritage Financial Services
Massachusetts
$211K
PAMG
1545
Patton Albertson Miller Group
Tennessee
$211K -$37.3K -435 -14%
MCC
1546
Money Concepts Capital
Florida
$210K +$11.5K +134 +5%
OBGC
1547
O'Brien Greene & Co
Pennsylvania
$209K -$27.6K -321 -11%
BAM
1548
Byrne Asset Management
New Jersey
$209K -$2.58K -30 -1%
SWM
1549
Silverlake Wealth Management
Vermont
$209K -$2.66K -31 -1%
BWA
1550
Burt Wealth Advisors
Maryland
$209K

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.