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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
CIAS
1901
CFS Investment Advisory Services
New Jersey
-$383K -4,578 Closed
IIC
1902
Ironwood Investment Counsel
Arizona
-$380K -4,540 Closed
CA
1903
Calton & Associates
Florida
-$377K -4,504 Closed
BONST
1904
Bank of Nova Scotia Trust
Ontario, Canada
-$368K -4,401 Closed
IPW
1905
Inlet Private Wealth
Florida
-$341K -4,074 Closed
W
1906
Wealthquest
Ohio
-$319K -3,810 Closed
WB
1907
West Bancorporation
Iowa
-$311K -3,716 Closed
CFAM
1908
Coury Firm Asset Management
Pennsylvania
-$304K -3,630 Closed
EFG
1909
Ethos Financial Group
Pennsylvania
-$315K -3,590 Closed
BAM
1910
Bosun Asset Management
Illinois
-$300K -3,581 Closed
FSA
1911
Fort Sheridan Advisors
Illinois
-$298K -3,559 Closed
DWM
1912
Drive Wealth Management
Utah
-$298K -3,557 Closed
1WM
1913
1900 Wealth Management
Texas
-$273K -3,264 Closed
ACA
1914
Anchor Capital Advisors
Massachusetts
-$270K -3,229 Closed
ZF
1915
Zhang Financial
Michigan
-$267K -3,185 Closed
TFF
1916
The Family Firm
Maryland
-$265K -3,172 Closed
LC
1917
Landaas & Company
Wisconsin
-$265K -3,171 Closed
CPW
1918
Crestmont Private Wealth
Texas
-$261K -3,124 Closed
SEEDPG
1919
S.E.E.D. Planning Group
New York
-$261K -3,114 Closed
VCWA
1920
Vanguard Capital Wealth Advisors
Colorado
-$260K -3,111 Closed
TAM
1921
Taurus Asset Management
New York
-$251K -3,000 Closed
NSB
1922
Norway Savings Bank
Maine
-$249K -2,972 Closed
LG
1923
LaFleur & Godfrey
Michigan
-$248K -2,967 Closed
OF
1924
Outfitter Financial
Maine
-$246K -2,936 Closed
DWM
1925
Dorchester Wealth Management
Quebec, Canada
-$244K -2,918 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.