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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
VAM
1926
Verity Asset Management
North Carolina
-$240K -2,868 Closed
SFP
1927
Shepherd Financial Partners
Massachusetts
-$240K -2,862 Closed
AIM
1928
Alhambra Investment Management
Florida
-$220K -2,635 Closed
DOA
1929
D'Orazio & Associates
Virginia
-$220K -2,629 Closed
NAM
1930
NorthCrest Asset Manangement
Minnesota
-$220K -2,626 Closed
GWP
1931
Gateway Wealth Partners
Wisconsin
-$220K -2,624 Closed
SAG
1932
SageView Advisory Group
California
-$218K -2,604 Closed
CA
1933
Carson Advisory
Georgia
-$218K -2,599 Closed
JE
1934
JMAC Enterprises
Pennsylvania
-$216K -2,587 Closed
BWFA
1935
Baltimore-Washington Financial Advisors
Maryland
-$215K -2,568 Closed
FZCM
1936
Flynn Zito Capital Management
New York
-$211K -2,524 Closed
JCM
1937
Janney Capital Management
Pennsylvania
-$211K -2,516 Closed
SWM
1938
Sculati Wealth Management
Michigan
-$210K -2,513 Closed
BMO
1939
Beck Mack & Oliver
New York
-$210K -2,512 Closed
ML
1940
McAdam LLC
Pennsylvania
-$210K -2,509 Closed
CF
1941
Cantor Fitzgerald
New York
-$210K -2,507 Closed
MA
1942
MKT Advisors
California
-$234K -2,506 Closed
TNA
1943
True North Advisors
Texas
-$209K -2,500 Closed
T
1944
TRUADVICE
Florida
-$217K -2,496 Closed
CRIG
1945
Charter Research & Investment Group
Connecticut
-$209K -2,495 Closed
PA
1946
Perennial Advisors
New York
-$208K -2,490 Closed
THL
1947
Tillman Hartley LLC
Colorado
-$208K -2,488 Closed
DCM
1948
DGS Capital Management
New Jersey
-$208K -2,484 Closed
WP
1949
Westmount Partners
California
-$207K -2,471 Closed
CWP
1950
CFM Wealth Partners
Texas
-$207K -2,470 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.