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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
CWM
1601
Campbell Wealth Management
Virginia
$239K +$2.45K +26 +1%
CA
1602
Calton & Associates
Florida
$238K -$8.39K -89 -3%
RA
1603
Rise Advisors
New York
$238K +$64.8K +687 +34%
KMWM
1604
Keudell/Morrison Wealth Management
Oregon
$238K -$9.9K -105 -4%
HFS
1605
Heritage Financial Services
Massachusetts
$237K -$2.73K -29 -1%
LFA
1606
Laraway Financial Advisors
Minnesota
$237K -$30.6K -324 -11%
MFWP
1607
Mosaic Family Wealth Partners
Missouri
$236K -$13K -138 -5%
IWP
1608
Icon Wealth Partners
Texas
$236K +$253K +2,684 New
T
1609
TRUADVICE
Florida
$236K +$250K +2,655 New
SWM
1610
Silverlake Wealth Management
Vermont
$236K -$68.4K -725 -21%
IWA
1611
Intercontinental Wealth Advisors
Texas
$235K +$253K +2,679 New
UIA
1612
Ulland Investment Advisors
Minnesota
$235K
BWA
1613
Burt Wealth Advisors
Maryland
$234K
FANJ
1614
Financial Architects (New Jersey)
New Jersey
$232K -$11.4K -121 -4%
EL
1615
Essex LLC
Illinois
$231K
AIM
1616
Alhambra Investment Management
Florida
$231K
GKWIM
1617
Gerber Kawasaki Wealth & Investment Management
California
$231K +$18.4K +195 +8%
TNA
1618
True North Advisors
Texas
$229K +$10.2K +108 +4%
SAM
1619
S.A. Mason
Michigan
$229K +$660 +7 +0.3%
CT
1620
Colonial Trust
South Carolina
$228K +$43.4K +460 +22%
BW
1621
Bison Wealth
Georgia
$228K +$17.3K +183 +7%
PCMK
1622
Paragon Capital Management (Kansas)
Kansas
$228K +$1.7K +18 +0.7%
JE
1623
JMAC Enterprises
Pennsylvania
$227K
HNWAG
1624
High Net Worth Advisory Group
Florida
$226K
GI
1625
Gradient Investments
Minnesota
$226K -$13.2M -139,626 -98%

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.