We are live on ! Find out more

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
TWD
1826
True Wealth Design
Ohio
$1.03K
OAJ
1827
Ogorek Anthony Joseph
New York
$1K
HBW
1828
Hazlett, Burt & Watson
West Virginia
$1K +$1.12K +13 New
NMG
1829
New Millennium Group
Utah
$996 +$86 +1 +8%
CPG
1830
Cornerstone Planning Group
New Jersey
$749 +$859 +10 New
IRAG
1831
Investment Research & Advisory Group
Georgia
$749 +$859 +10 New
DWA
1832
Delos Wealth Advisors
Texas
$641
TWP
1833
TFO Wealth Partners
Ohio
$601
GWSA
1834
Global Wealth Strategies & Associates
Colorado
$562 +$601 +7 New
SPWM
1835
Spartan Planning & Wealth Management
North Carolina
$187 +$172 +2 New
BGIM
1836
Brandywine Global Investment Management
Pennsylvania
-$45.7M -545,663 Closed
Janney Montgomery Scott
1837
Janney Montgomery Scott
Pennsylvania
-$36.6M -436,808 Closed
CIM
1838
Corda Investment Management
Texas
-$19.3M -230,799 Closed
VIA
1839
Vident Investment Advisory
Georgia
-$12M -143,876 Closed
SIM
1840
Sprucegrove Investment Management
Ontario, Canada
-$10.6M -126,911 Closed
N
1841
Numerai
California
-$9.24M -110,382 Closed
HF
1842
HRT Financial
New York
-$7.03M -81,849 Closed
QIM
1843
Quantitative Investment Management
Virginia
-$5.78M -69,081 Closed
BIA
1844
Biondo Investment Advisors
Pennsylvania
-$4.69M -56,076 Closed
SEC
1845
Seven Eight Capital
New York
-$4.3M -51,347 Closed
FI
1846
Fosun International
China
-$3.6M -43,020 Closed
AA
1847
Apriem Advisors
California
-$3.4M -40,680 Closed
OTPPB
1848
Ontario Teachers' Pension Plan Board
Ontario, Canada
-$3.37M -40,271 Closed
V
1849
Veritable
Delaware
-$2.88M -34,447 Closed
AIM
1850
ARGA Investment Management
Connecticut
-$2.23M -26,630 Closed

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.