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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
AAP
1726
Arax Advisory Partners
Colorado
$66.4K -$595 -7 -0.9%
JWA
1727
JFS Wealth Advisors
Pennsylvania
$66K +$6.12K +72 +10%
HC
1728
Hoese & Co
Minnesota
$64.8K -$254K -2,990 -79%
IWP
1729
IAG Wealth Partners
Wisconsin
$63.5K +$16.1K +189 +33%
BWS
1730
Buck Wealth Strategies
Colorado
$63.4K +$62.9K +741 +4,631%
GEA
1731
Glen Eagle Advisors
New Jersey
$62.3K +$2.55K +30 +4%
NA
1732
Nordwand Advisors
Pennsylvania
$61.6K
CSWM
1733
Cassady Schiller Wealth Management
Ohio
$57.2K -$66K -777 -53%
BAAM
1734
Baker Avenue Asset Management
California
$56.2K +$10.9K +128 +24%
PIAS
1735
PCA Investment Advisory Services
Ohio
$56K +$56.8K +669 New
CWA
1736
Carolina Wealth Advisors
South Carolina
$55K
FA
1737
Fiduciary Alliance
South Carolina
$54.1K +$55K +647 New
MWM
1738
Mascoma Wealth Management
New Hampshire
$53.2K -$6.88K -81 -12%
AFS
1739
Annapolis Financial Services
Maryland
$52.7K -$5.18K -61 -9%
MFT
1740
Moisand Fitzgerald Tamayo
Florida
$52.5K
TCM
1741
TD Capital Management
Tennessee
$52.2K
ICM
1742
Intrepid Capital Management
Florida
$50.2K +$51K +600 New
WOSD
1743
WFA of San Diego
California
$50K +$50.8K +598 New
CMA
1744
Cedar Mountain Advisors
Oregon
$49.6K
CTB
1745
Country Trust Bank
Illinois
$49.6K
PCFFS
1746
Pacific Center for Financial Services
California
$49.1K
PWMG
1747
Prestige Wealth Management Group
New Jersey
$48.6K -$5.01K -59 -9%
GKIM
1748
GW&K Investment Management
Massachusetts
$48K +$14K +165 +40%
SC
1749
Stephens Consulting
Michigan
$47.8K -$4.42K -52 -8%
TCM
1750
Tradewinds Capital Management
Washington
$47.7K +$3.14K +37 +7%

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.