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1,952 hedge funds and large institutions have $38.1B invested in 3M in 2023 Q1 according to their latest regulatory filings, with 134 funds opening new positions, 748 increasing their positions, 814 reducing their positions, and 221 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% less repeat investments, than reductions

Existing positions increased: 748 | Existing positions reduced: 814

1.04% less ownership

Funds ownership: 79.8%78.77% (-1%)

6% less funds holding

Funds holding: 2,0841,952 (-132)

12% less call options, than puts

Call options by funds: $886M | Put options by funds: $1B

16% less capital invested

Capital invested by funds: $45.3B → $38.1B (-$7.25B)

17% less funds holding in top 10

Funds holding in top 10: 2319 (-4)

39% less first-time investments, than exits

New positions opened: 134 | Existing positions closed: 221

Holders
1,952
Holders Change
-132
Holders Change %
-6.33%
% of All Funds
31.11%
Holding in Top 10
19
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-17.39%
% of All Funds
0.3%
New
134
Increased
748
Reduced
814
Closed
221
Calls
$886M
Puts
$1B
Net Calls
-$119M
Net Calls Change
-$187M
Name Holding Trade Value Shares
Change
Change in
Stake
WA
1576
Waverly Advisors
Alabama
$252K +$3.87K +41 +1%
Kayne Anderson Rudnick Investment Management
1577
Kayne Anderson Rudnick Investment Management
California
$252K -$19K -201 -7%
HCM
1578
Hall Capital Management
Rhode Island
$252K
TA
1579
TKG Advisors
Indiana
$252K +$271K +2,870 New
BSA
1580
Bull Street Advisors
Georgia
$252K
MFG
1581
Monte Financial Group
Connecticut
$251K -$3.63M -38,465 -93%
MMPW
1582
Mitchell McLeod Pugh & Williams
Alabama
$251K +$377 +4 +0.1%
HPM
1583
Hoxton Planning & Management
West Virginia
$250K -$78.8K -836 -23%
TI
1584
Truepoint Inc
Ohio
$250K +$268K +2,841 New
GA
1585
Greenhaven Associates
New York
$249K
1WA
1586
180 Wealth Advisors
Washington
$248K +$42.5K +451 +19%
CPW
1587
Crestmont Private Wealth
Texas
$248K +$38K +403 +17%
FFA
1588
Fragasso Financial Advisors
Pennsylvania
$247K -$12.4K -132 -4%
BMM
1589
Buffington Mohr McNeal
Idaho
$246K -$16.9K -179 -6%
CWP
1590
Corepath Wealth Partners
Arizona
$246K +$472 +5 +0.2%
CRI
1591
Colonial River Investments
Virginia
$244K +$12.4K +132 +5%
MC
1592
Middleton & Co
Massachusetts
$243K -$62.7K -665 -19%
DTC
1593
Davidson Trust Company
Washington
$243K +$9.9K +105 +4%
NAMM
1594
NorthStar Asset Management (Massachusetts)
Massachusetts
$242K -$27.4K -291 -10%
SOS
1595
Silver Oak Securities
Tennessee
$241K -$16.8K -178 -6%
EP
1596
Eudaimonia Partners
Tennessee
$241K +$21.8K +231 +9%
TLCM
1597
Twin Lakes Capital Management
California
$240K
LA
1598
Lane & Associates
New Jersey
$240K +$46.8K +496 +22%
P
1599
&Partners
Tennessee
$240K -$19.3K -205 -7%
WP
1600
WealthPLAN Partners
Nebraska
$240K +$10.8K +115 +4%

MMM Hedge Fund Activity: Q1 2023 in Review

1,952 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q1 2023, worth a combined $38.1B — down 16% from $45.3B a quarter earlier.

Sellers outnumbered buyers: 221 funds closed out of MMM and 134 opened new positions — a net loss of 87 holders — while 814 trimmed existing stakes and 748 added.

The largest buyer was Vanguard Group, adding an estimated $165M. The largest seller was Massachusetts Financial Services, cutting an estimated $345M.

  • 1,952 institutional investors held 3M (MMM) as of Q1 2023, down from 2,084 in Q4 2022.
  • Funds reported $38.1B of 3M stock for Q1 2023, down 16% quarter-over-quarter.
  • 134 funds opened new 3M positions in Q1 2023 and 221 closed out, a net change of -87 holders.
  • The largest 3M buyer in Q1 2023 was Vanguard Group, an estimated $165M added.
  • The largest 3M seller in Q1 2023 was Massachusetts Financial Services, an estimated $345M sold.

Based on aggregated 13F filings for Q1 2023.