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1,952 hedge funds and large institutions have $38.1B invested in 3M in 2023 Q1 according to their latest regulatory filings, with 134 funds opening new positions, 748 increasing their positions, 814 reducing their positions, and 221 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% less repeat investments, than reductions

Existing positions increased: 748 | Existing positions reduced: 814

1.04% less ownership

Funds ownership: 79.8%78.77% (-1%)

6% less funds holding

Funds holding: 2,0841,952 (-132)

12% less call options, than puts

Call options by funds: $886M | Put options by funds: $1B

16% less capital invested

Capital invested by funds: $45.3B → $38.1B (-$7.25B)

17% less funds holding in top 10

Funds holding in top 10: 2319 (-4)

39% less first-time investments, than exits

New positions opened: 134 | Existing positions closed: 221

Holders
1,952
Holders Change
-132
Holders Change %
-6.33%
% of All Funds
31.11%
Holding in Top 10
19
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-17.39%
% of All Funds
0.3%
New
134
Increased
748
Reduced
814
Closed
221
Calls
$886M
Puts
$1B
Net Calls
-$119M
Net Calls Change
-$187M
Name Holding Trade Value Shares
Change
Change in
Stake
GWS
1726
Glassman Wealth Services
Virginia
$156K -$25.3K -268 -13%
EWA
1727
EverSource Wealth Advisors
Alabama
$156K -$19.3K -205 -10%
BWA
1728
BDO Wealth Advisors
Florida
$154K -$3.58K -38 -2%
TIM
1729
Thompson Investment Management
Wisconsin
$154K -$71.8K -761 -30%
SC
1730
Steph & Co
Wisconsin
$152K
PO
1731
Private Ocean
California
$151K
MSFP
1732
Mark Sheptoff Financial Planning
Connecticut
$151K -$22.5K -239 -12%
Loomis, Sayles & Company
1733
Loomis, Sayles & Company
Massachusetts
$150K +$60K +636 +60%
AA
1734
Alta Advisers
United Kingdom
$147K
AWM
1735
Ameliora Wealth Management
Switzerland
$147K
BCM
1736
Blume Capital Management
California
$147K
M
1737
MOTCO
Texas
$146K -$1.42K -15 -0.9%
CFD
1738
Creative Financial Designs
Indiana
$143K +$25.9K +275 +20%
CWAF
1739
Core Wealth Advisors (Florida)
Florida
$142K +$40.6K +431 +36%
BAM
1740
Byrne Asset Management
New Jersey
$142K +$13.3K +141 +10%
SCM
1741
Silvant Capital Management
Georgia
$141K
C
1742
Covestor
United Kingdom
$140K +$39.8K +422 +36%
FCA
1743
FinTrust Capital Advisors
South Carolina
$138K
BWAM
1744
Boyd Watterson Asset Management
Ohio
$137K -$112K -1,187 -43%
MHR
1745
Matthew Hamilton Rosenberg
$136K -$8.49K -90 -6%
APW
1746
Acima Private Wealth
Virginia
$134K
MRCM
1747
M&R Capital Management
New Jersey
$131K -$6.98K -74 -5%
CP
1748
Castleview Partners
Texas
$131K +$15.5K +164 +12%
VWM
1749
Valley Wealth Managers
New Jersey
$130K +$117K +1,237 +518%
CSWM
1750
Cassady Schiller Wealth Management
Ohio
$128K -$3.21K -34 -2%

MMM Hedge Fund Activity: Q1 2023 in Review

1,952 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q1 2023, worth a combined $38.1B — down 16% from $45.3B a quarter earlier.

Sellers outnumbered buyers: 221 funds closed out of MMM and 134 opened new positions — a net loss of 87 holders — while 814 trimmed existing stakes and 748 added.

The largest buyer was Vanguard Group, adding an estimated $165M. The largest seller was Massachusetts Financial Services, cutting an estimated $345M.

  • 1,952 institutional investors held 3M (MMM) as of Q1 2023, down from 2,084 in Q4 2022.
  • Funds reported $38.1B of 3M stock for Q1 2023, down 16% quarter-over-quarter.
  • 134 funds opened new 3M positions in Q1 2023 and 221 closed out, a net change of -87 holders.
  • The largest 3M buyer in Q1 2023 was Vanguard Group, an estimated $165M added.
  • The largest 3M seller in Q1 2023 was Massachusetts Financial Services, an estimated $345M sold.

Based on aggregated 13F filings for Q1 2023.