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1,905 hedge funds and large institutions have $78.5B invested in 3M in 2018 Q2 according to their latest regulatory filings, with 95 funds opening new positions, 728 increasing their positions, 781 reducing their positions, and 108 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.64% more ownership

Funds ownership: 79.95%80.59% (+0.64%)

7% less repeat investments, than reductions

Existing positions increased: 728 | Existing positions reduced: 781

1% less funds holding

Funds holding: 1,9341,905 (-29)

10% less capital invested

Capital invested by funds: $87.2B → $78.5B (-$8.71B)

12% less first-time investments, than exits

New positions opened: 95 | Existing positions closed: 108

34% less funds holding in top 10

Funds holding in top 10: 14999 (-50)

45% less call options, than puts

Call options by funds: $659M | Put options by funds: $1.21B

Holders
1,905
Holders Change
-29
Holders Change %
-1.5%
% of All Funds
43.61%
Holding in Top 10
99
Holding in Top 10 Change
-50
Holding in Top 10 Change %
-33.56%
% of All Funds
2.27%
New
95
Increased
728
Reduced
781
Closed
108
Calls
$659M
Puts
$1.21B
Net Calls
-$548M
Net Calls Change
+$7.43M
Name Holding Trade Value Shares
Change
Change in
Stake
Mitsubishi UFJ Asset Management
151
Mitsubishi UFJ Asset Management
Japan
$47.9M +$6.66M +39,016 +15%
HighTower Advisors
152
HighTower Advisors
Illinois
$47.7M +$2.48M +14,519 +5%
Commonwealth Equity Services
153
Commonwealth Equity Services
Massachusetts
$47.6M +$4.07M +23,860 +9%
Two Sigma Investments
154
Two Sigma Investments
New York
$47.4M -$33.7M -197,488 -41%
Royal London Asset Management
155
Royal London Asset Management
United Kingdom
$47.3M +$49.1M +287,803 New
Lord, Abbett & Co
156
Lord, Abbett & Co
New Jersey
$47.3M -$1.1M -6,459 -2%
AIG
157
American International Group
New York
$47.1M +$10.3M +60,473 +27%
BHC
158
Bowen Hanes & Co
Florida
$46.9M +$2.47M +14,474 +5%
Treasurer of the State of North Carolina
159
Treasurer of the State of North Carolina
North Carolina
$46.8M +$30.1M +176,488 +164%
Nisa Investment Advisors
160
Nisa Investment Advisors
Missouri
$46.7M -$1.34M -7,877 -3%
OTPPB
161
Ontario Teachers' Pension Plan Board
Ontario, Canada
$45.7M +$25.1M +146,915 +112%
SBH
162
Segall Bryant & Hamill
Illinois
$44.9M +$19.3M +113,045 +71%
WF
163
Welch & Forbes
Massachusetts
$44.3M -$500K -2,932 -1%
EWM
164
Evercore Wealth Management
New York
$44.1M +$6.5M +38,071 +17%
SCA
165
STALEY CAPITAL ADVISERS
Pennsylvania
$43.9M +$383K +2,242 +0.8%
State of New Jersey Common Pension Fund D
166
State of New Jersey Common Pension Fund D
New Jersey
$43.8M +$8.65M +50,710 +24%
BNP Paribas Asset Management
167
BNP Paribas Asset Management
France
$43.6M +$5.43M +31,813 +14%
Citigroup
168
Citigroup
New York
$43.2M -$46.4M -271,684 -51%
William Blair & Company
169
William Blair & Company
Illinois
$42.5M +$2.88M +16,900 +7%
LPL Financial
170
LPL Financial
California
$42.3M +$3.08M +18,048 +8%
MHC
171
Meyer Handelman Company
New York
$42.1M +$81.6K +478 +0.2%
DADC
172
D.A. Davidson & Co
Montana
$42.1M +$28.8M +168,868 +193%
RJFSA
173
Raymond James Financial Services Advisors
Florida
$41.6M +$7.1M +41,618 +20%
First Trust Advisors
174
First Trust Advisors
Illinois
$41.5M -$4.41M -25,855 -9%
N
175
Nuveen
North Carolina
$40.6M -$1.18M -6,939 -3%

MMM Hedge Fund Activity: Q2 2018 in Review

1,905 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2018, worth a combined $78.5B — down 10% from $87.2B a quarter earlier.

Sellers outnumbered buyers: 108 funds closed out of MMM and 95 opened new positions — a net loss of 13 holders — while 781 trimmed existing stakes and 728 added.

The largest buyer was Parnassus Investments, opening a new position worth an estimated $733M. The largest seller was TIAA CREF Investment Management, cutting an estimated $434M.

  • 1,905 institutional investors held 3M (MMM) as of Q2 2018, down from 1,934 in Q1 2018.
  • Funds reported $78.5B of 3M stock for Q2 2018, down 10% quarter-over-quarter.
  • 95 funds opened new 3M positions in Q2 2018 and 108 closed out, a net change of -13 holders.
  • The largest 3M buyer in Q2 2018 was Parnassus Investments, an estimated $733M added.
  • The largest 3M seller in Q2 2018 was TIAA CREF Investment Management, an estimated $434M sold.

Based on aggregated 13F filings for Q2 2018.