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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
1832 Asset Management
1701
1832 Asset Management
Ontario, Canada
$46K -$2.24M -26,086 -98%
PWMG
1702
Prestige Wealth Management Group
New Jersey
$45.5K
SC
1703
Stephens Consulting
Michigan
$44.8K
HWA
1704
HHM Wealth Advisors
Tennessee
$44.7K +$35.9K +418 +275%
PVH
1705
Psagot Value Holdings
Israel
$44K +$48.3K +562 New
VAG
1706
VisionPoint Advisory Group
Texas
$42.1K +$22.1K +257 +92%
FPB
1707
First PREMIER Bank
South Dakota
$42K
TCM
1708
Tradewinds Capital Management
Washington
$41.8K -$3.18K -37 -6%
WPWM
1709
Western Pacific Wealth Management
Illinois
$41.5K
PCFFS
1710
Pacific Center for Financial Services
California
$41.4K -$4.98K -58 -10%
HFM
1711
Hartford Financial Management
Connecticut
$41.2K
CBT
1712
Central Bank & Trust
Kentucky
$39.8K
AWA
1713
Artemis Wealth Advisors
New York
$39.6K +$4.12K +48 +10%
AFG
1714
Albion Financial Group
Utah
$38.9K -$385K -4,489 -90%
OP
1715
ORG Partners
Indiana
$38.6K -$463K -5,389 -92%
CMA
1716
Cedar Mountain Advisors
Oregon
$37.8K -$9.45K -110 -19%
AWA
1717
Authentikos Wealth Advisory
California
$37.4K +$41K +478 New
BFP
1718
Briaud Financial Planning
Texas
$35K +$38.9K +453 New
CSWM
1719
Cassady Schiller Wealth Management
Ohio
$34.7K -$20.5K -239 -35%
CMP
1720
Coston McIsaac & Partners
Maine
$34K -$3.72M -43,268 -99%
TIM
1721
Tortoise Investment Management
New York
$33.5K -$2.58K -30 -7%
MCA
1722
Maryland Capital Advisors
Maryland
$32.8K
KHC
1723
Koesten Hirschmann & Crabtree
Kansas
$30.9K
KFS
1724
Kelly Financial Services
Massachusetts
$30.6K
AWM
1725
Abound Wealth Management
Tennessee
$30.5K -$601 -7 -2%

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.