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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
BWM
1726
Baystate Wealth Management
Massachusetts
$30.4K -$2.49K -29 -7%
BSWA
1727
Bromfield Sneider Wealth Advisors
Massachusetts
$29.3K
DFA
1728
DHJJ Financial Advisors
Illinois
$28.1K +$30.8K +359 New
APC
1729
Aspire Private Capital
North Carolina
$26.8K -$343 -4 -1%
TCPG
1730
Trivant Custom Portfolio Group
California
$26.2K -$7.9K -92 -22%
NL
1731
NVWM LLC
Pennsylvania
$25.7K
CIA
1732
Cape Investment Advisory
Georgia
$25.4K +$86 +1 +0.3%
SOW
1733
State of Wyoming
Wyoming
$25.4K -$379K -4,409 -93%
CCMI
1734
Creative Capital Management Investments
California
$25.3K
MWA
1735
Miller Wealth Advisors
Colorado
$25.2K
EARNEST Partners
1736
EARNEST Partners
Georgia
$24.3K
KA
1737
Kozak & Associates
Colorado
$24.3K +$86 +1 +0.3%
TSWM
1738
Tyler-Stone Wealth Management
Ohio
$24K +$25.7K +299 +2,300%
OIAM
1739
OFI Invest Asset Management
France
$23.9K +$27.7K +323 New
HB
1740
Horizon Bancorp
Indiana
$23K
JGIA
1741
Jackson Grant Investment Advisers
Connecticut
$22.7K
CB
1742
Centennial Bank
Arkansas
$22.5K -$144K -1,672 -85%
MFA
1743
McClarren Financial Advisors
Pennsylvania
$20K
TFGT
1744
TS Financial Group (TSFG)
Illinois
$20K +$86 +1 +0.4%
FFL
1745
Financial Freedom LLC
Ohio
$19.8K -$86 -1 -0.4%
POIA
1746
Pin Oak Investment Advisors
Texas
$19K
HFM
1747
Harvest Fund Management
China
$19K +$21K +245 New
AWM
1748
AllSquare Wealth Management
New York
$18.7K
ASBI
1749
American State Bank (Iowa)
Iowa
$18.7K
CCA
1750
Column Capital Advisors
Indiana
$18.7K

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.