3M
MMM
1,954 hedge funds and large institutions have $94.1B invested in 3M in 2017 Q4 according to their latest regulatory filings, with 285 funds opening new positions, 586 increasing their positions, 799 reducing their positions, and 52 closing their positions.
448% more first-time investments, than exits
New positions opened: 285 | Existing positions closed: 52
13% more funds holding
Funds holding: 1,736 → 1,954 (+218)
12% more funds holding in top 10
Funds holding in top 10: 145 → 163 (+18)
12% more capital invested
Capital invested by funds: $84.1B → $94.1B (+$9.99B)
0.08% more ownership
Funds ownership: 80.29% → 80.37% (+0.08%)
27% less repeat investments, than reductions
Existing positions increased: 586 | Existing positions reduced: 799
74% less call options, than puts
Call options by funds: $474M | Put options by funds: $1.84B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$249M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$232M |
| 3 |
State Street
Boston,
Massachusetts
|
+$197M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$187M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$184M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$845M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$303M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$255M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$189M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$166M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCA
2001
Horan Capital Advisors
Cincinnati,
Ohio
| – | -$142K | -807 | Closed |
|
|
PCM
2002
Prelude Capital Management
New York
| – | -$100K | -569 | Closed |
|
2003
Simplex Trading
Chicago,
Illinois
| – | -$108K | -560 | Closed |
|
|
MCIA
2004
Mountain Capital Investment Advisors
Westminster,
Colorado
| – | -$7K | -41 | Closed |
|
|
AJ
2005
Ashburton (Jersey)
St Helier,
Jersey
| – | -$7K | -39 | Closed |
|
|
BIMC
2006
Benson Investment Management Company
Roanoke,
Virginia
| – | -$5K | -26 | Closed |
|
MMM Hedge Fund Activity: Q4 2017 in Review
1,954 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q4 2017, worth a combined $94.1B — up 12% from $84.1B a quarter earlier.
Buyers outnumbered sellers: 285 funds opened new MMM positions and 52 closed out — a net gain of 233 holders — while 586 added to existing stakes and 799 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $249M. The largest seller was Massachusetts Financial Services, cutting an estimated $845M.
- 1,954 institutional investors held 3M (MMM) as of Q4 2017, up from 1,736 in Q3 2017.
- Funds reported $94.1B of 3M stock for Q4 2017, up 12% quarter-over-quarter.
- 285 funds opened new 3M positions in Q4 2017 and 52 closed out, a net change of +233 holders.
- The largest 3M buyer in Q4 2017 was Fidelity Investments, an estimated $249M added.
- The largest 3M seller in Q4 2017 was Massachusetts Financial Services, an estimated $845M sold.
Based on aggregated 13F filings for Q4 2017.