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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
CWM
1651
Compass Wealth Management
Connecticut
$162K -$50.9K -599 -24%
WTG
1652
West Tower Group
Virginia
$161K +$163K +1,924 New
FFA
1653
Farther Finance Advisors
California
$158K -$21.5K -253 -12%
AA
1654
Addison Advisors
Vermont
$157K -$7.73K -91 -5%
ANBT
1655
American National Bank & Trust
Texas
$156K +$102K +1,196 +179%
KFA
1656
Kelleher Financial Advisors
New York
$156K
CCM
1657
Copeland Capital Management
Pennsylvania
$150K
PO
1658
Private Ocean
California
$149K +$5.1K +60 +3%
BWA
1659
BDO Wealth Advisors
Florida
$147K +$85 +1 +0.1%
SC
1660
Steph & Co
Wisconsin
$145K
VC
1661
Vestor Capital
Illinois
$145K -$5.1K -60 -3%
C
1662
Covestor
United Kingdom
$145K +$12.8K +151 +10%
AI
1663
AXS Investments
New York
$144K -$5.18K -61 -3%
RMC
1664
Resources Management Corp
Connecticut
$144K -$2.32M -27,283 -94%
DAM
1665
Delta Asset Management
Tennessee
$144K -$14.6M -171,382 -99%
CFD
1666
Creative Financial Designs
Indiana
$142K +$6.29K +74 +5%
AA
1667
Alta Advisers
United Kingdom
$140K
KIG
1668
Kessler Investment Group
Indiana
$139K -$20.3K -239 -13%
FCA
1669
FinTrust Capital Advisors
South Carolina
$138K
SCM
1670
Silvant Capital Management
Georgia
$134K
HDIM
1671
Hanson & Doremus Investment Management
Vermont
$131K +$87K +1,024 +189%
BWAM
1672
Boyd Watterson Asset Management
Ohio
$130K
BCM
1673
Blume Capital Management
California
$130K -$10.1K -119 -7%
CAL
1674
Capital Advisors Ltd
Ohio
$129K +$29.6K +348 +29%
APW
1675
Acima Private Wealth
Virginia
$128K

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.