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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
AWAU
1551
Alliance Wealth Advisors (Utah)
Utah
$225K +$16.8K +198 +8%
BDFN
1552
Bond & Devick Financial Network
Minnesota
$224K +$228K +2,681 New
RZH
1553
Relyea Zuckerberg Hanson
Connecticut
$224K +$228K +2,679 New
BWA
1554
Burt Wealth Advisors
Maryland
$223K
FANJ
1555
Financial Architects (New Jersey)
New Jersey
$223K +$1.95K +23 +0.9%
Parallax Volatility Advisers
1556
Parallax Volatility Advisers
California
$222K +$222K +2,617 +7,269%
CCIA
1557
Cherry Creek Investment Advisors
Colorado
$221K +$224K +2,642 New
AIM
1558
Alhambra Investment Management
Florida
$220K +$1.02K +12 +0.5%
DOA
1559
D'Orazio & Associates
Virginia
$220K +$223K +2,629 New
EAM
1560
Eukles Asset Management
Ohio
$220K +$18.9K +222 +9%
NAM
1561
NorthCrest Asset Manangement
Minnesota
$220K +$9.94K +117 +5%
GWP
1562
Gateway Wealth Partners
Wisconsin
$220K -$56.2K -661 -20%
SAG
1563
SageView Advisory Group
California
$218K +$221K +2,604 New
CT
1564
Colonial Trust
South Carolina
$218K +$849 +10 +0.4%
FNT
1565
First Nebraska Trust
Nebraska
$218K +$21.3K +251 +11%
CA
1566
Carson Advisory
Georgia
$218K +$8.41K +99 +4%
PCMK
1567
Paragon Capital Management (Kansas)
Kansas
$217K
T
1568
TRUADVICE
Florida
$217K -$13.5K -159 -6%
JE
1569
JMAC Enterprises
Pennsylvania
$216K
OWA
1570
One Wealth Advisors
California
$216K +$10.2K +120 +5%
LFA
1571
Laraway Financial Advisors
Minnesota
$216K -$9.01K -106 -4%
HNWAG
1572
High Net Worth Advisory Group
Florida
$216K
BWFA
1573
Baltimore-Washington Financial Advisors
Maryland
$215K -$37.9K -446 -15%
CGL
1574
Clarius Group LLC
Washington
$214K -$73.8K -869 -25%
PGAM
1575
Princeton Global Asset Management
New Jersey
$214K +$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.