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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
PFGIA
1626
Patriot Financial Group Insurance Agency
Massachusetts
$200K -$64.3K -757 -24%
WCWM
1627
Willow Creek Wealth Management
California
$200K +$1.1K +13 +0.5%
TC
1628
TradeLink Capital
Illinois
$200K +$203K +2,392 New
WP
1629
WealthPLAN Partners
Nebraska
$200K -$28.8K -339 -12%
WSCM
1630
Wellington Shields Capital Management
New York
$199K -$60.9K -717 -23%
RFG
1631
RFP Financial Group
Georgia
$198K +$175K +2,064 +679%
WPP
1632
Whalerock Point Partners
Rhode Island
$195K +$3.82K +45 +2%
FCB
1633
First Command Bank
Texas
$194K -$84.4K -993 -30%
FCFS
1634
First Command Financial Services
Texas
$194K -$84.4K -993 -30%
SWM
1635
Sugarloaf Wealth Management
Georgia
$191K +$510 +6 +0.3%
RWPA
1636
Richard W. Paul & Associates
Michigan
$190K
HCM
1637
Hollencrest Capital Management
California
$188K
CBT
1638
CoreFirst Bank & Trust
Kansas
$185K
FDCC
1639
Foster Dykema Cabot & Co
Massachusetts
$182K
PA
1640
PSI Advisors
Florida
$181K
GI
1641
Gradient Investments
Minnesota
$179K -$37.4K -440 -17%
AIM
1642
ARK Investment Management
Florida
$176K +$13.1K +154 +8%
CCM
1643
Chilton Capital Management
Texas
$172K -$26.5K -312 -13%
SIS
1644
Sound Income Strategies
Florida
$171K +$10.4K +123 +6%
GWS
1645
Glassman Wealth Services
Virginia
$169K +$21.2K +249 +14%
BONH
1646
Bank of New Hampshire
New Hampshire
$169K -$234K -2,757 -58%
CB
1647
Centennial Bank
Arkansas
$164K
EWM
1648
Evermay Wealth Management
Virginia
$163K -$32.1K -378 -16%
LTI
1649
Laffer Tengler Investments
Tennessee
$163K
GBT
1650
Grove Bank & Trust
Florida
$163K -$1.95K -23 -1%

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.