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1,901 hedge funds and large institutions have $63.9B invested in 3M in 2019 Q3 according to their latest regulatory filings, with 108 funds opening new positions, 693 increasing their positions, 818 reducing their positions, and 129 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.31% less ownership

Funds ownership: 81.16%80.85% (-0.31%)

2% less funds holding

Funds holding: 1,9321,901 (-31)

4% less funds holding in top 10

Funds holding in top 10: 4947 (-2)

6% less capital invested

Capital invested by funds: $67.8B → $63.9B (-$3.92B)

15% less repeat investments, than reductions

Existing positions increased: 693 | Existing positions reduced: 818

16% less first-time investments, than exits

New positions opened: 108 | Existing positions closed: 129

32% less call options, than puts

Call options by funds: $671M | Put options by funds: $991M

Holders
1,901
Holders Change
-31
Holders Change %
-1.6%
% of All Funds
41.68%
Holding in Top 10
47
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-4.08%
% of All Funds
1.03%
New
108
Increased
693
Reduced
818
Closed
129
Calls
$671M
Puts
$991M
Net Calls
-$321M
Net Calls Change
+$96.5M
Name Holding Trade Value Shares
Change
Change in
Stake
VA
1601
Valmark Advisers
Ohio
$277K +$39.4K +282 +16%
GLI
1602
Guardian Life Insurance
New York
$276K +$2.94K +21 +1%
UAS
1603
United Asset Strategies
New York
$275K
LSAG
1604
Lake Street Advisors Group
New Hampshire
$275K +$19.4K +139 +7%
SQA
1605
Simon Quick Advisors
New Jersey
$274K
LC
1606
Lincoln Capital
Nebraska
$273K -$5.87K -42 -2%
ANB
1607
Amarillo National Bank
Texas
$272K +$10.9K +78 +4%
BCP
1608
Blue Chip Partners
Michigan
$268K +$699 +5 +0.3%
CCM
1609
Cribstone Capital Management
Maine
$268K +$59.8K +428 +28%
NA
1610
Nottingham Advisors
New York
$266K
SFG
1611
Sather Financial Group
Texas
$264K -$109K -777 -29%
KLI
1612
Kelman-Lazarov Inc
Tennessee
$264K
JAFL
1613
Jay A. Fishman Ltd
Michigan
$263K
FWP
1614
FAS Wealth Partners
Kansas
$263K -$280 -2 -0.1%
AssetMark Inc
1615
AssetMark Inc
California
$262K +$14.5K +104 +6%
BMCM
1616
Bryn Mawr Capital Management
Pennsylvania
$261K
SCA
1617
Sippican Capital Advisors
Massachusetts
$260K
NAM
1618
NTV Asset Management
West Virginia
$260K +$16.6K +119 +7%
NCM
1619
Novare Capital Management
North Carolina
$259K -$32.6K -233 -11%
CWM
1620
Confluence Wealth Management
Oregon
$258K -$38.6K -276 -13%
NCM
1621
Nelson Capital Management
California
$258K +$83.6K +598 +47%
FFA
1622
Fragasso Financial Advisors
Pennsylvania
$257K -$7.83K -56 -3%
FDS
1623
Freedom Day Solutions
Texas
$256K +$44K +315 +20%
RIG
1624
Roosevelt Investment Group
New York
$255K -$559 -4 -0.2%
PIM
1625
Provident Investment Management
Michigan
$255K

MMM Hedge Fund Activity: Q3 2019 in Review

1,901 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q3 2019, worth a combined $63.9B — down 5.8% from $67.8B a quarter earlier.

Sellers outnumbered buyers: 129 funds closed out of MMM and 108 opened new positions — a net loss of 21 holders — while 818 trimmed existing stakes and 693 added.

The largest buyer was BlackRock, adding an estimated $254M. The largest seller was Fundsmith LLP, exiting entirely with an estimated $612M sold.

  • 1,901 institutional investors held 3M (MMM) as of Q3 2019, down from 1,932 in Q2 2019.
  • Funds reported $63.9B of 3M stock for Q3 2019, down 5.8% quarter-over-quarter.
  • 108 funds opened new 3M positions in Q3 2019 and 129 closed out, a net change of -21 holders.
  • The largest 3M buyer in Q3 2019 was BlackRock, an estimated $254M added.
  • The largest 3M seller in Q3 2019 was Fundsmith LLP, an estimated $612M sold.

Based on aggregated 13F filings for Q3 2019.