3M
MMM
2,194 hedge funds and large institutions have $66.7B invested in 3M in 2020 Q4 according to their latest regulatory filings, with 284 funds opening new positions, 845 increasing their positions, 772 reducing their positions, and 87 closing their positions.
226% more first-time investments, than exits
New positions opened: 284 | Existing positions closed: 87
11% more capital invested
Capital invested by funds: $60.3B → $66.7B (+$6.47B)
8% more funds holding
Funds holding: 2,027 → 2,194 (+167)
9% more repeat investments, than reductions
Existing positions increased: 845 | Existing positions reduced: 772
0.89% more ownership
Funds ownership: 78.32% → 79.21% (+0.89%)
0% more funds holding in top 10
Funds holding in top 10: 43 → 43 (0)
23% less call options, than puts
Call options by funds: $751M | Put options by funds: $971M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$394M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$349M |
| 3 |
Morgan Stanley
New York
|
+$118M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$115M |
| 5 |
JP Morgan Chase
New York
|
+$99.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$278M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$201M |
| 3 |
First Eagle Investment Management
New York
|
-$154M |
| 4 |
CP
Coho Partners
Berwyn,
Pennsylvania
|
-$129M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$115M |
MMM Hedge Fund Activity: Q4 2020 in Review
2,194 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q4 2020, worth a combined $66.7B — up 11% from $60.3B a quarter earlier.
Buyers outnumbered sellers: 284 funds opened new MMM positions and 87 closed out — a net gain of 197 holders — while 845 added to existing stakes and 772 trimmed.
The largest buyer was BlackRock, adding an estimated $394M. The largest seller was Norges Bank, cutting an estimated $278M.
- 2,194 institutional investors held 3M (MMM) as of Q4 2020, up from 2,027 in Q3 2020.
- Funds reported $66.7B of 3M stock for Q4 2020, up 11% quarter-over-quarter.
- 284 funds opened new 3M positions in Q4 2020 and 87 closed out, a net change of +197 holders.
- The largest 3M buyer in Q4 2020 was BlackRock, an estimated $394M added.
- The largest 3M seller in Q4 2020 was Norges Bank, an estimated $278M sold.
Based on aggregated 13F filings for Q4 2020.