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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
ONST
1601
Old North State Trust
North Carolina
$206K
SIG
1602
Sky Investment Group
Connecticut
$206K -$36.6K -431 -15%
HFG
1603
Heron Financial Group
New York
$205K
PCM
1604
Prelude Capital Management
New York
$205K +$208K +2,452 New
CS
1605
Crescent Sterling
Louisiana
$205K -$1.28M -15,022 -86%
SAM
1606
Synergy Asset Management
Washington
$204K +$1.53K +18 +0.7%
GDP
1607
Great Diamond Partners
Maine
$204K
RW
1608
REDW Wealth
New Mexico
$204K -$58.1K -684 -22%
NC
1609
NinePointTwo Capital
California
$203K
WBG
1610
Wharton Business Group
Pennsylvania
$203K +$85 +1 +0%
CWA
1611
Cornerstone Wealth Advisors
Minnesota
$203K
PAM
1612
PVG Asset Management
Colorado
$202K
WIA
1613
Westbourne Investment Advisors
Maryland
$202K -$7.14K -84 -3%
AIS
1614
AM Investment Strategies
Tennessee
$202K -$2.72K -32 -1%
FWM
1615
Finer Wealth Management
Massachusetts
$202K
WA
1616
WP Advisors
California
$202K +$205K +2,412 New
MSAM
1617
Moloney Securities Asset Management
Missouri
$202K -$57.1K -672 -22%
LWM
1618
Laidlaw Wealth Management
New York
$202K +$8.15K +96 +4%
IFWM
1619
Institute for Wealth Management
Colorado
$202K -$41.9K -493 -17%
ACA
1620
Affinity Capital Advisors
California
$201K -$1.27K -15 -0.6%
RG
1621
Renaissance Group
Kentucky
$201K +$204K +2,405 New
LCM
1622
LCM Capital Management
Illinois
$200K -$1.53K -18 -0.7%
III
1623
Independent Investors Inc
New York
$200K
MME
1624
Meag Munich Ergo
Germany
$200K
PWS
1625
Private Wealth Strategies
Ohio
$200K

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.