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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
IBOK
1701
Independence Bank of Kentucky
Kentucky
$88.1K -$91.2K -1,073 -50%
RTC
1702
Riverview Trust Company
Washington
$87.5K -$62.5K -736 -41%
MHR
1703
Matthew Hamilton Rosenberg
$86.8K -$43.2K -509 -33%
DCBT
1704
Dakota Community Bank & Trust
North Dakota
$86.6K +$2.46K +29 +3%
MCI
1705
MRP Capital Investments
Georgia
$85.1K
MCAI
1706
Members Capital Advisors Inc
Wisconsin
$84.3K -$1.17M -13,770 -93%
OSNBOA
1707
Old Second National Bank of Aurora
Illinois
$84.1K -$12.1K -143 -12%
MRCM
1708
M&R Capital Management
New Jersey
$80.7K -$44.9K -529 -35%
BCMLT
1709
Beacon Capital Management LLC (Tennessee)
Tennessee
$80.3K +$2.72K +32 +3%
OA
1710
Operose Advisors
Wisconsin
$80.2K
BHWM
1711
Beaird Harris Wealth Management
Texas
$78.6K
ME
1712
McIlrath & Eck
Washington
$77.7K -$1.53K -18 -2%
CP
1713
Castleview Partners
Texas
$77.4K -$47.9K -564 -38%
EWP
1714
Elevation Wealth Partners
California
$76.6K
CCMW
1715
Cypress Capital Management (Wyoming)
Wyoming
$76.2K
AP
1716
Arlington Partners
Alabama
$74.8K
RF
1717
Robinswood Financial
Washington
$73.5K +$74.6K +878 New
BC
1718
Barrett & Company
Rhode Island
$72.6K +$10.9K +128 +17%
TLA
1719
Tanglewood Legacy Advisors
Texas
$72.3K
RFA
1720
Register Financial Advisors
Georgia
$71.8K
BWL
1721
Bogart Wealth LLC
Virginia
$70.4K -$13.6K -160 -16%
AssetMark Inc
1722
AssetMark Inc
California
$70.3K -$535K -6,300 -88%
PCTC
1723
Perkins Coie Trust Company
Washington
$67.6K
RFA
1724
Resurgent Financial Advisors
Georgia
$67.2K +$2.72K +32 +4%
FMB
1725
Field & Main Bank
Kentucky
$67.1K -$32K -377 -32%

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.