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1,878 hedge funds and large institutions have $35.8B invested in 3M in 2023 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 654 increasing their positions, 854 reducing their positions, and 175 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more funds holding in top 10

Funds holding in top 10: 1920 (+1)

0.45% more ownership

Funds ownership: 78.77%79.22% (+0.45%)

4% less funds holding

Funds holding: 1,9531,878 (-75)

6% less capital invested

Capital invested by funds: $38.1B → $35.8B (-$2.24B)

21% less call options, than puts

Call options by funds: $924M | Put options by funds: $1.18B

23% less repeat investments, than reductions

Existing positions increased: 654 | Existing positions reduced: 854

35% less first-time investments, than exits

New positions opened: 113 | Existing positions closed: 175

Holders
1,878
Holders Change
-75
Holders Change %
-3.84%
% of All Funds
29.48%
Holding in Top 10
20
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.26%
% of All Funds
0.31%
New
113
Increased
654
Reduced
854
Closed
175
Calls
$924M
Puts
$1.18B
Net Calls
-$252M
Net Calls Change
-$133M
Name Holding Trade Value Shares
Change
Change in
Stake
MTIM
1976
Marathon Trading Investment Management
Pennsylvania
-$263K -2,990 Closed
QCIG
1977
Quad-Cities Investment Group
Iowa
-$261K -2,968 Closed
CCMG
1978
Clark Capital Management Group
Pennsylvania
-$256K -2,918 Closed
TW
1979
TrinityPoint Wealth
Connecticut
-$256K -2,907 Closed
MFG
1980
Monte Financial Group
Connecticut
-$251K -2,860 Closed
TI
1981
Truepoint Inc
Ohio
-$250K -2,841 Closed
CRI
1982
Colonial River Investments
Virginia
-$244K -2,772 Closed
MC
1983
Middleton & Co
Massachusetts
-$243K -2,770 Closed
NAMM
1984
NorthStar Asset Management (Massachusetts)
Massachusetts
-$242K -2,759 Closed
KMWM
1985
Keudell/Morrison Wealth Management
Oregon
-$238K -2,703 Closed
IWP
1986
Icon Wealth Partners
Texas
-$236K -2,684 Closed
IWA
1987
Intercontinental Wealth Advisors
Texas
-$235K -2,679 Closed
SHGA
1988
Sand Hill Global Advisors
California
-$223K -2,540 Closed
JAG
1989
Journey Advisory Group
Kentucky
-$222K -2,528 Closed
HIG
1990
Heritage Investment Group
Florida
-$222K -2,525 Closed
RBFC
1991
Roman Butler Fullerton & Co
Missouri
-$220K -2,525 Closed
KFS
1992
Kurt F. Somerville
-$219K -2,495 Closed
IF
1993
Ironwood Financial
Arizona
-$218K -2,485 Closed
CCP
1994
Carmel Capital Partners
California
-$218K -2,479 Closed
MW
1995
Marcum Wealth
Ohio
-$217K -2,465 Closed
KF
1996
Krilogy Financial
Missouri
-$216K -2,457 Closed
FSI
1997
Flow State Investments
Illinois
-$216K -2,453 Closed
RIA
1998
Richwood Investment Advisors
Ohio
-$214K -2,436 Closed
KWS
1999
Keystone Wealth Services
California
-$214K -2,431 Closed
AWP
2000
Abacus Wealth Partners
California
-$208K -2,410 Closed

MMM Hedge Fund Activity: Q2 2023 in Review

1,878 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2023, worth a combined $35.8B — down 5.9% from $38.1B a quarter earlier.

Sellers outnumbered buyers: 175 funds closed out of MMM and 113 opened new positions — a net loss of 62 holders — while 854 trimmed existing stakes and 654 added.

The largest buyer was EP Wealth Advisors, adding an estimated $659M. The largest seller was Fisher Asset Management, cutting an estimated $402M.

  • 1,878 institutional investors held 3M (MMM) as of Q2 2023, down from 1,953 in Q1 2023.
  • Funds reported $35.8B of 3M stock for Q2 2023, down 5.9% quarter-over-quarter.
  • 113 funds opened new 3M positions in Q2 2023 and 175 closed out, a net change of -62 holders.
  • The largest 3M buyer in Q2 2023 was EP Wealth Advisors, an estimated $659M added.
  • The largest 3M seller in Q2 2023 was Fisher Asset Management, an estimated $402M sold.

Based on aggregated 13F filings for Q2 2023.