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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
HBT
1551
Hills Bank & Trust
Iowa
$208K -$19.2K -224 -8%
HI
1552
Humankind Investments
New York
$208K -$3.52K -41 -2%
KAS
1553
KPP Advisory Services
Kentucky
$208K +$228K +2,654 New
CWP
1554
Corepath Wealth Partners
Arizona
$208K
EW
1555
Evoke Wealth
California
$208K -$88.6K -1,032 -28%
WHG
1556
Westwood Holdings Group
Texas
$207K +$227K +2,649 New
FNT
1557
First Nebraska Trust
Nebraska
$207K +$3.69K +43 +2%
DTC
1558
Davidson Trust Company
Washington
$206K -$5.07K -59 -2%
SSG
1559
Summit Securities Group
New York
$206K -$1.13M -13,167 -83%
HAG
1560
HF Advisory Group
Maryland
$205K -$59.4K -692 -21%
SAM
1561
S.A. Mason
Michigan
$205K +$1.03K +12 +0.5%
WP
1562
WealthPLAN Partners
Nebraska
$203K +$18.2K +212 +9%
EW
1563
Element Wealth
Mississippi
$203K +$6.53K +76 +3%
AT
1564
Arvest Trust
Oklahoma
$203K +$10.2K +119 +5%
BDFN
1565
Bond & Devick Financial Network
Minnesota
$202K -$8.16K -95 -4%
EAM
1566
Evanson Asset Management
California
$202K -$102K -1,184 -31%
HNWAG
1567
High Net Worth Advisory Group
Florida
$202K
PCMK
1568
Paragon Capital Management (Kansas)
Kansas
$201K -$1.54K -18 -0.7%
TC
1569
Telemus Capital
Michigan
$201K -$20.8K -242 -9%
PA
1570
PSI Advisors
Florida
$201K +$35.1K +409 +19%
TFA
1571
Transamerica Financial Advisors
Florida
$201K +$4.72K +55 +2%
FBB
1572
Fulton Breakefield Broenniman
Maryland
$201K -$161K -1,875 -42%
MCCA
1573
Mill Creek Capital Advisors
Pennsylvania
$201K -$19K -221 -8%
QT
1574
Quantbot Technologies
New York
$201K -$2.47M -28,783 -92%
LF
1575
Lantz Financial
Illinois
$201K +$2.66K +31 +1%

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.