3M
MMM
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.
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: 1,934 → 1,905 (-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: 149 → 99 (-50)
45% less call options, than puts
Call options by funds: $659M | Put options by funds: $1.21B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
+$733M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$533M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$271M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$230M |
| 5 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$221M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
-$434M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$269M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$261M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$208M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$150M |
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.