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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
FSI
1651
Flow State Investments
Illinois
$216K +$231K +2,453 New
HFG
1652
Heron Financial Group
New York
$215K
CWP
1653
CFM Wealth Partners
Texas
$215K -$17.4K -184 -7%
RWP
1654
RWA Wealth Partners
Massachusetts
$215K -$33.5K -355 -13%
GDP
1655
Great Diamond Partners
Maine
$214K -$11.2K -119 -5%
RIA
1656
Richwood Investment Advisors
Ohio
$214K +$37.7K +400 +20%
AIS
1657
AM Investment Strategies
Tennessee
$214K -$7.26K -77 -3%
CSB
1658
City State Bank
Iowa
$214K +$22.6K +240 +11%
KWS
1659
Keystone Wealth Services
California
$214K -$32.5K -345 -12%
MA
1660
MKT Advisors
California
$213K +$14.2K +151 +6%
CWA
1661
Cornerstone Wealth Advisors
Minnesota
$213K
NC
1662
NinePointTwo Capital
California
$213K
SAM
1663
Synergy Asset Management
Washington
$213K -$12.5K -133 -5%
ACA
1664
Affinity Capital Advisors
California
$213K +$377 +4 +0.2%
PAM
1665
PVG Asset Management
Colorado
$212K +$228K +2,417 New
FWM
1666
Finer Wealth Management
Massachusetts
$212K
WBG
1667
Wharton Business Group
Pennsylvania
$212K
LCM
1668
LCM Capital Management
Illinois
$212K
EAM
1669
Eukles Asset Management
Ohio
$212K +$17.9K +190 +9%
WP
1670
WealthShield Partners
North Carolina
$211K +$226K +2,400 New
MME
1671
Meag Munich Ergo
Germany
$210K -$331K -3,511 -59%
III
1672
Independent Investors Inc
New York
$210K -$118K -1,256 -34%
PWS
1673
Private Wealth Strategies
Ohio
$210K
JCM
1674
Janney Capital Management
Pennsylvania
$210K -$754 -8 -0.3%
CSC
1675
Caldwell Sutter Capital
California
$209K +$205K +2,178 +1,073%

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.