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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
AWM
1801
AllSquare Wealth Management
New York
$19.2K +$10.1K +119 +99%
AW
1802
Avion Wealth
Texas
$19K +$255 +3 +1%
HWM
1803
Horizons Wealth Management
North Carolina
$17.9K +$18.1K +213 New
CFS
1804
CGC Financial Services
Oregon
$17.8K +$18.1K +213 New
RDFA
1805
Ritter Daniher Financial Advisory
Ohio
$17.5K
QL
1806
Quarry LP
New York
$17.4K -$12.2K -144 -41%
VWM
1807
Venturi Wealth Management
Texas
$17.4K +$6.37K +75 +56%
BFPW
1808
BOK Financial Private Wealth
Colorado
$17K
FRA
1809
Front Row Advisors
California
$17K
BCM
1810
Birch Capital Management
Texas
$16.8K
NSG
1811
Nalls Sherbakoff Group
Tennessee
$16.8K
CWM
1812
Cedar Wealth Management
California
$16.7K
FFA
1813
Fairfield Financial Advisors
Massachusetts
$16.7K +$340 +4 +2%
DFC
1814
DB Fitzpatrick & Co
Idaho
$16.5K
BIA
1815
Bell Investment Advisors
California
$16.1K +$6.63K +78 +68%
SF
1816
Safeguard Financial
Wisconsin
$16K +$16.7K +197 New
BBPWM
1817
Blue Bell Private Wealth Management
Pennsylvania
$15.7K +$5.78K +68 +57%
RWML
1818
RAFFA WEALTH MANAGEMENT, LLC
District of Columbia
$15.4K -$12.9K -152 -45%
EDRH
1819
Edmond de Rothschild Holding
Switzerland
$15K -$102K -1,196 -87%
TCCM
1820
Timber Creek Capital Management
Massachusetts
$15K
RAM
1821
Riggs Asset Management
Pennsylvania
$14.6K -$1.19K -14 -7%
WWM
1822
Wolff Wiese Magana
California
$14.5K
NECFA
1823
New England Capital Financial Advisors
Connecticut
$14.5K +$10.4K +122 +239%
PCM
1824
Perritt Capital Management
Illinois
$13K
AA
1825
AlphaMark Advisors
Kentucky
$13K

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.