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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
M
1676
MOTCO
Texas
$126K -$13.3K -156 -9%
FCG
1677
Financial Connections Group
California
$121K +$124K +1,454 New
CHA
1678
Carmichael Hill & Associates
Maryland
$119K +$56.4K +664 +87%
AAG
1679
Armstrong Advisory Group
Massachusetts
$119K -$849 -10 -0.7%
NF
1680
Norwood Financial
Pennsylvania
$119K -$305K -3,588 -72%
CAM
1681
Chesapeake Asset Management
New York
$115K -$49.6K -584 -30%
MSFP
1682
Mark Sheptoff Financial Planning
Connecticut
$114K -$30.5K -359 -21%
Loomis, Sayles & Company
1683
Loomis, Sayles & Company
Massachusetts
$110K -$33.3K -392 -23%
EWA
1684
EverSource Wealth Advisors
Alabama
$110K -$39.1K -460 -26%
OIA
1685
Optimum Investment Advisors
Illinois
$109K -$3.57K -42 -3%
CAL
1686
Capital Analysts LLC
Pennsylvania
$108K +$2.12K +25 +2%
QC
1687
Quent Capital
New York
$105K -$1.7K -20 -2%
GJIA
1688
Glass Jacobson Investment Advisors
Maryland
$105K +$106K +1,253 New
ECM
1689
Estabrook Capital Management
New York
$104K -$175K -2,064 -62%
UIA
1690
Ulland Investment Advisors
Minnesota
$104K -$121K -1,429 -53%
YDMI
1691
Y.D. More Investments
Israel
$102K +$1.61K +19 +2%
CAS
1692
Coppell Advisory Solutions
Texas
$100K +$102K +1,206 New
HCM
1693
Highlander Capital Management
New Jersey
$100K
CA
1694
Centerpoint Advisors
Massachusetts
$100K +$170 +2 +0.2%
TPCW
1695
TD Private Client Wealth
New York
$99.9K -$17.2K -202 -14%
SIC
1696
SJS Investment Consulting
Ohio
$98.9K +$1.44K +17 +1%
SFFS
1697
Stonehage Fleming Financial Services
Jersey
$92.9K
TIM
1698
Thompson Investment Management
Wisconsin
$92.2K -$54.8K -645 -37%
PIM
1699
Platinum Investment Management
Australia
$88.6K +$12.3K +145 +16%
SWA
1700
SOA Wealth Advisors
New York
$88.2K +$255 +3 +0.3%

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.