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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
APW
1626
Acima Private Wealth
Virginia
$119K
AGWCA
1627
Annis Gardner Whiting Capital Advisors
Florida
$119K +$131K +1,524 New
BWAM
1628
Boyd Watterson Asset Management
Ohio
$119K -$3.61K -42 -3%
CAM
1629
Chesapeake Asset Management
New York
$118K +$12.3K +143 +10%
CAL
1630
Capital Advisors Ltd
Ohio
$115K -$6.01K -70 -5%
CWM
1631
Compass Wealth Management
Connecticut
$113K -$41.7K -486 -25%
FCG
1632
Financial Connections Group
California
$113K
Loomis, Sayles & Company
1633
Loomis, Sayles & Company
Massachusetts
$112K +$10.6K +124 +9%
AI
1634
AXS Investments
New York
$111K -$26.3K -306 -18%
NF
1635
Norwood Financial
Pennsylvania
$111K
CHA
1636
Carmichael Hill & Associates
Maryland
$109K -$2.15K -25 -2%
BONH
1637
Bank of New Hampshire
New Hampshire
$108K -$54.8K -638 -32%
MSFP
1638
Mark Sheptoff Financial Planning
Connecticut
$107K
SIS
1639
Strategic Investment Solutions
Illinois
$103K +$103K +1,196 New
SIC
1640
SJS Investment Consulting
Ohio
$102K +$10.8K +126 +11%
PCTC
1641
Perkins Coie Trust Company
Washington
$102K +$42.7K +497 +62%
SL
1642
Salomon & Ludwin
Virginia
$102K +$112K +1,301 New
OIA
1643
Optimum Investment Advisors
Illinois
$102K +$86 +1 +0.1%
GJIA
1644
Glass Jacobson Investment Advisors
Maryland
$98.1K
YDMI
1645
Y.D. More Investments
Israel
$95.1K
HCM
1646
Highlander Capital Management
New Jersey
$94K
EWA
1647
EverSource Wealth Advisors
Alabama
$93.6K -$10K -117 -9%
FCA
1648
FinTrust Capital Advisors
South Carolina
$92.5K -$16.4K -191 -14%
Legacy Financial Group (Iowa)
1649
Legacy Financial Group (Iowa)
Iowa
$89.7K +$98.4K +1,146 New
CA
1650
Centerpoint Advisors
Massachusetts
$89K -$5.15K -60 -5%

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.