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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
BC
1676
Barrett & Company
Rhode Island
$68.1K +$86 +1 +0.1%
RFA
1677
Register Financial Advisors
Georgia
$67.2K +$86 +1 +0.1%
IBOK
1678
Independence Bank of Kentucky
Kentucky
$61.8K -$22.6K -263 -25%
HC
1679
Hoese & Co
Minnesota
$60.6K
MIA
1680
Milestone Investment Advisors
Wisconsin
$60.4K +$66.4K +773 New
IWP
1681
IAG Wealth Partners
Wisconsin
$59.4K
GEA
1682
Glen Eagle Advisors
New Jersey
$58.3K
AAP
1683
Arax Advisory Partners
Colorado
$57.5K -$5.15K -60 -8%
HGERS
1684
Householder Group Estate & Retirement Specialist
Arizona
$55.9K +$61.2K +713 New
FMB
1685
Field & Main Bank
Kentucky
$55.7K -$7.64K -89 -11%
RG
1686
Retirement Group
California
$55.1K +$22.8K +265 +60%
BAAM
1687
Baker Avenue Asset Management
California
$54.6K +$2.15K +25 +4%
NA
1688
Nordwand Advisors
Pennsylvania
$54.3K -$3.61K -42 -6%
MS
1689
Mizuho Securities
Japan
$54.3K +$28.8K +335 +93%
RFA
1690
Resurgent Financial Advisors
Georgia
$53.2K -$10.6K -124 -15%
CWA
1691
Carolina Wealth Advisors
South Carolina
$51.5K
GKIM
1692
GW&K Investment Management
Massachusetts
$50K +$5.24K +61 +11%
AFS
1693
Annapolis Financial Services
Maryland
$49.3K
MFT
1694
Moisand Fitzgerald Tamayo
Florida
$49.2K
TCM
1695
TD Capital Management
Tennessee
$48.8K
PCA
1696
Providence Capital Advisors
North Carolina
$48.8K +$5.15K +60 +11%
MWM
1697
Mascoma Wealth Management
New Hampshire
$47.8K
ICM
1698
Intrepid Capital Management
Florida
$47K
TLA
1699
Tanglewood Legacy Advisors
Texas
$46.8K -$22.8K -266 -31%
WOSD
1700
WFA of San Diego
California
$46.8K

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.