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1,952 hedge funds and large institutions have $38.1B invested in 3M in 2023 Q1 according to their latest regulatory filings, with 134 funds opening new positions, 748 increasing their positions, 814 reducing their positions, and 221 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% less repeat investments, than reductions

Existing positions increased: 748 | Existing positions reduced: 814

1.04% less ownership

Funds ownership: 79.8%78.77% (-1%)

6% less funds holding

Funds holding: 2,0841,952 (-132)

12% less call options, than puts

Call options by funds: $886M | Put options by funds: $1B

16% less capital invested

Capital invested by funds: $45.3B → $38.1B (-$7.25B)

17% less funds holding in top 10

Funds holding in top 10: 2319 (-4)

39% less first-time investments, than exits

New positions opened: 134 | Existing positions closed: 221

Holders
1,952
Holders Change
-132
Holders Change %
-6.33%
% of All Funds
31.11%
Holding in Top 10
19
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-17.39%
% of All Funds
0.3%
New
134
Increased
748
Reduced
814
Closed
221
Calls
$886M
Puts
$1B
Net Calls
-$119M
Net Calls Change
-$187M
Name Holding Trade Value Shares
Change
Change in
Stake
DI
1926
Disciplined Investments
Oklahoma
$5.47K -$943 -10 -14%
FA
1927
Fortis Advisors
Pennsylvania
$5.26K
IAS
1928
IMA Advisory Services
Colorado
$5.26K
RBC
1929
Roble Belko & Company
Pennsylvania
$5K -$76.2K -808 -93%
NECFA
1930
New England Capital Financial Advisors
Connecticut
$4.52K
FCMT
1931
Founders Capital Management (Texas)
Texas
$4K
WIM
1932
Westside Investment Management
California
$3.26K -$5.09K -54 -59%
Parallax Volatility Advisers
1933
Parallax Volatility Advisers
California
$3.15K +$3.4K +36 New
KFP
1934
KB Financial Partners
New Jersey
$3K -$8.11K -86 -75%
PCM
1935
Penserra Capital Management
California
$3K
GM
1936
GeoWealth Management
Illinois
$3K +$3.3K +35 New
PS
1937
PayPay Securities
Japan
$2.84K -$472 -5 -14%
LWA
1938
Lowe Wealth Advisors
Maryland
$2.63K -$3.4K -36 -55%
CWA
1939
Clearview Wealth Advisors
Oregon
$2.52K
RTL
1940
Red Tortoise LLC
Georgia
$2.31K -$377 -4 -13%
OAJ
1941
Ogorek Anthony Joseph
New York
$2K -$5.75K -61 -68%
SIA
1942
SkyView Investment Advisors
New Jersey
$2K +$2.64K +28 New
GI
1943
GS Investments
Minnesota
$1.58K
HI
1944
Hoey Investments
Pennsylvania
$1.58K
BWS
1945
Buck Wealth Strategies
Colorado
$1.39K +$1.51K +16 New
TWD
1946
True Wealth Design
Ohio
$1.16K
NMG
1947
New Millennium Group
Utah
$1.09K
HBW
1948
Hazlett, Burt & Watson
West Virginia
$1K -$306K -3,249 -100%
SWG
1949
Summit Wealth Group
Vermont
$1K +$9.41M +99,815 New
GAG
1950
Goodman Advisory Group
Massachusetts
$841 -$2.22M -23,552 -100%

MMM Hedge Fund Activity: Q1 2023 in Review

1,952 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q1 2023, worth a combined $38.1B — down 16% from $45.3B a quarter earlier.

Sellers outnumbered buyers: 221 funds closed out of MMM and 134 opened new positions — a net loss of 87 holders — while 814 trimmed existing stakes and 748 added.

The largest buyer was Vanguard Group, adding an estimated $165M. The largest seller was Massachusetts Financial Services, cutting an estimated $345M.

  • 1,952 institutional investors held 3M (MMM) as of Q1 2023, down from 2,084 in Q4 2022.
  • Funds reported $38.1B of 3M stock for Q1 2023, down 16% quarter-over-quarter.
  • 134 funds opened new 3M positions in Q1 2023 and 221 closed out, a net change of -87 holders.
  • The largest 3M buyer in Q1 2023 was Vanguard Group, an estimated $165M added.
  • The largest 3M seller in Q1 2023 was Massachusetts Financial Services, an estimated $345M sold.

Based on aggregated 13F filings for Q1 2023.