3M
1,897 hedge funds and large institutions have $82.6B invested in 3M in 2018 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 734 increasing their positions, 761 reducing their positions, and 74 closing their positions.
15% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 74
5% more capital invested
Capital invested by funds: $78.5B → $82.6B (+$4.15B)
1% more funds holding in top 10
Funds holding in top 10: 99 → 100 (+1)
0% less funds holding
Funds holding: 1,906 → 1,897 (-9)
0.61% less ownership
Funds ownership: 80.59% → 79.98% (-0.61%)
4% less repeat investments, than reductions
Existing positions increased: 734 | Existing positions reduced: 761
18% less call options, than puts
Call options by funds: $872M | Put options by funds: $1.07B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$601M |
| 2 |
JP Morgan Chase
New York
|
+$210M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$144M |
| 4 |
Morgan Stanley
New York
|
+$88.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$86.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.33B |
| 2 |
BlackRock
New York
|
-$263M |
| 3 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$160M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$123M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$118M |
MMM Hedge Fund Activity: Q3 2018 in Review
1,897 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q3 2018, worth a combined $82.6B — up 5.3% from $78.5B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new MMM positions and 74 closed out — a net gain of 11 holders — while 734 added to existing stakes and 761 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $601M. The largest seller was Fidelity Investments, cutting an estimated $1.33B.
- 1,897 institutional investors held 3M (MMM) as of Q3 2018, down from 1,906 in Q2 2018.
- Funds reported $82.6B of 3M stock for Q3 2018, up 5.3% quarter-over-quarter.
- 85 funds opened new 3M positions in Q3 2018 and 74 closed out, a net change of +11 holders.
- The largest 3M buyer in Q3 2018 was Wellington Management Group, an estimated $601M added.
- The largest 3M seller in Q3 2018 was Fidelity Investments, an estimated $1.33B sold.
Based on aggregated 13F filings for Q3 2018.