3M
MMM
2,084 hedge funds and large institutions have $45.3B invested in 3M in 2022 Q4 according to their latest regulatory filings, with 233 funds opening new positions, 647 increasing their positions, 934 reducing their positions, and 131 closing their positions.
78% more first-time investments, than exits
New positions opened: 233 | Existing positions closed: 131
12% more capital invested
Capital invested by funds: $40.5B → $45.3B (+$4.84B)
3% more funds holding
Funds holding: 2,022 → 2,084 (+62)
2.63% more ownership
Funds ownership: 77.17% → 79.8% (+2.6%)
7% more call options, than puts
Call options by funds: $1.08B | Put options by funds: $1.01B
8% less funds holding in top 10
Funds holding in top 10: 25 → 23 (-2)
31% less repeat investments, than reductions
Existing positions increased: 647 | Existing positions reduced: 934
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$191M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$136M |
| 3 |
State Street
Boston,
Massachusetts
|
+$118M |
| 4 |
Morgan Stanley
New York
|
+$101M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$92.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIM
Jensen Investment Management
Lake Oswego,
Oregon
|
-$156M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$154M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$117M |
| 4 |
Goldman Sachs
New York
|
-$107M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$105M |
MMM Hedge Fund Activity: Q4 2022 in Review
2,084 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q4 2022, worth a combined $45.3B — up 12% from $40.5B a quarter earlier.
Buyers outnumbered sellers: 233 funds opened new MMM positions and 131 closed out — a net gain of 102 holders — while 647 added to existing stakes and 934 trimmed.
The largest buyer was Barclays, adding an estimated $191M. The largest seller was Jensen Investment Management, cutting an estimated $156M.
- 2,084 institutional investors held 3M (MMM) as of Q4 2022, up from 2,022 in Q3 2022.
- Funds reported $45.3B of 3M stock for Q4 2022, up 12% quarter-over-quarter.
- 233 funds opened new 3M positions in Q4 2022 and 131 closed out, a net change of +102 holders.
- The largest 3M buyer in Q4 2022 was Barclays, an estimated $191M added.
- The largest 3M seller in Q4 2022 was Jensen Investment Management, an estimated $156M sold.
Based on aggregated 13F filings for Q4 2022.