We are live on ! Find out more

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
CSB
1576
City State Bank
Iowa
$214K +$10.1K +119 +5%
SFO
1577
Stokes Family Office
Louisiana
$213K -$230K -2,710 -52%
MCC
1578
Money Concepts Capital
Florida
$213K -$141K -1,655 -39%
GKWIM
1579
Gerber Kawasaki Wealth & Investment Management
California
$213K -$6.2K -73 -3%
LF
1580
Lantz Financial
Illinois
$212K -$148K -1,748 -41%
AWM
1581
Axxcess Wealth Management
California
$212K +$215K +2,530 New
FZCM
1582
Flynn Zito Capital Management
New York
$211K +$214K +2,524 New
JCM
1583
Janney Capital Management
Pennsylvania
$211K +$10.7K +126 +5%
TFA
1584
Transamerica Financial Advisors
Florida
$211K +$103K +1,214 +93%
SWA
1585
Sutton Wealth Advisors
Florida
$211K +$16.1K +189 +8%
EW
1586
Element Wealth
Mississippi
$211K +$425 +5 +0.2%
SWM
1587
Sculati Wealth Management
Michigan
$210K
BMO
1588
Beck Mack & Oliver
New York
$210K -$618K -7,275 -74%
TFS
1589
Thoroughbred Financial Services
Tennessee
$210K -$47.3K -557 -18%
ML
1590
McAdam LLC
Pennsylvania
$210K +$213K +2,509 New
CF
1591
Cantor Fitzgerald
New York
$210K
ITIM
1592
Indiana Trust & Investment Management
Indiana
$210K +$2.97K +35 +1%
TNA
1593
True North Advisors
Texas
$209K -$9.17K -108 -4%
FW
1594
FirstPurpose Wealth
Utah
$209K +$2.8K +33 +1%
CRIG
1595
Charter Research & Investment Group
Connecticut
$209K
PA
1596
Perennial Advisors
New York
$208K -$5.18K -61 -2%
THL
1597
Tillman Hartley LLC
Colorado
$208K
DCM
1598
DGS Capital Management
New Jersey
$208K +$211K +2,484 New
WP
1599
Westmount Partners
California
$207K +$210K +2,471 New
CWP
1600
CFM Wealth Partners
Texas
$207K +$1.87K +22 +0.9%

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.