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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
PGAM
1576
Princeton Global Asset Management
New Jersey
$200K
SQA
1577
Simon Quick Advisors
New Jersey
$200K +$220K +2,558 New
CWC
1578
Carolinas Wealth Consulting
North Carolina
$199K -$30.2K -352 -2%
SIM
1579
Studio Investment Management
Illinois
$198K -$117K -1,362 -35%
ITIM
1580
Indiana Trust & Investment Management
Indiana
$196K
SWA
1581
Sutton Wealth Advisors
Florida
$195K -$2.58K -30 -1%
LFA
1582
Laraway Financial Advisors
Minnesota
$193K -$9.87K -115 -4%
C
1583
Covestor
United Kingdom
$193K +$62.6K +729 +42%
ACM
1584
Antonetti Capital Management
Florida
$190K +$199K +2,320 +2,148%
SAM
1585
Shell Asset Management
Netherlands
$187K -$29.9K -348 -13%
WSCM
1586
Wellington Shields Capital Management
New York
$187K
LWCFA
1587
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$186K -$273K -3,182 -57%
CT
1588
Colonial Trust
South Carolina
$185K -$20.9K -244 -9%
FCAS
1589
First Command Advisory Services
Texas
$180K +$197K +2,300 +230,000%
HCM
1590
Hollencrest Capital Management
California
$176K
LTI
1591
Laffer Tengler Investments
Tennessee
$174K +$24K +279 +14%
GWS
1592
Glassman Wealth Services
Virginia
$174K +$16.6K +193 +10%
AIM
1593
ARK Investment Management
Florida
$173K +$9.19K +107 +5%
JWM
1594
Janiczek Wealth Management
Colorado
$171K -$78.4K -913 -29%
CBT
1595
CoreFirst Bank & Trust
Kansas
$171K -$2.58K -30 -1%
FDCC
1596
Foster Dykema Cabot & Co
Massachusetts
$170K
KIG
1597
Kessler Investment Group
Indiana
$167K +$41K +477 +29%
Point72 Asset Management
1598
Point72 Asset Management
Connecticut
$164K +$180K +2,091 New
GBT
1599
Grove Bank & Trust
Florida
$161K +$10.4K +121 +6%
SWM
1600
Sugarloaf Wealth Management
Georgia
$159K -$22.2K -258 -11%

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.