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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
PCA
1751
Providence Capital Advisors
North Carolina
$47.1K
FCAG
1752
First Capital Advisors Group
New Jersey
$46.8K +$47.6K +560 New
FPB
1753
First PREMIER Bank
South Dakota
$45K
WPWM
1754
Western Pacific Wealth Management
Illinois
$44.3K
HFM
1755
Hartford Financial Management
Connecticut
$44K -$1.24M -14,591 -97%
CBT
1756
Central Bank & Trust
Kentucky
$42.5K -$425 -5 -1%
TFP
1757
Tilia Fiduciary Partners
North Carolina
$40.7K -$53.2K -626 -56%
HS
1758
Horan Securities
United States
$39.6K -$15.8K -186 -28%
JEST
1759
JTC Employer Solutions Trustee
Jersey
$39K
AWA
1760
Artemis Wealth Advisors
New York
$38.4K +$7.73K +91 +25%
TIM
1761
Tortoise Investment Management
New York
$38.3K
RG
1762
Retirement Group
California
$36.7K
TCPG
1763
Trivant Custom Portfolio Group
California
$35.7K -$10.2K -120 -22%
MCA
1764
Maryland Capital Advisors
Maryland
$35K
BWM
1765
Baystate Wealth Management
Massachusetts
$35K +$255 +3 +0.7%
2L
1766
25 LLC
Missouri
$33.9K +$510 +6 +2%
AWM
1767
Abound Wealth Management
Tennessee
$33.3K -$5.01K -59 -13%
KHC
1768
Koesten Hirschmann & Crabtree
Kansas
$33K
KFS
1769
Kelly Financial Services
Massachusetts
$32.6K -$5.95K -70 -15%
FFC
1770
First Financial Corp
Indiana
$31.6K
BSWA
1771
Bromfield Sneider Wealth Advisors
Massachusetts
$31.3K
MS
1772
Mizuho Securities
Japan
$30K -$44.7K -526 -59%
BPGAM
1773
BTG Pactual Global Asset Management
Bermuda
$30K +$30.5K +359 New
MCM
1774
McMillion Capital Management
North Carolina
$30K +$30.5K +359 New
IHWM
1775
Iron Horse Wealth Management
Iowa
$29.1K -$4.5K -53 -13%

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.