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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
WP
2001
WealthShield Partners
North Carolina
-$211K -2,400 Closed
BB
2002
Berkshire Bank
Massachusetts
-$209K -2,380 Closed
LCM
2003
Liberty Capital Management
Michigan
-$209K -2,375 Closed
CP
2004
Coho Partners
Pennsylvania
-$209K -2,374 Closed
FA
2005
Financial Advisors
Massachusetts
-$207K -2,350 Closed
BMA
2006
Brooks Moore & Associates
Tennessee
-$206K -2,349 Closed
BOS
2007
Bank of Stockton
California
-$206K -2,347 Closed
CW
2008
CIC Wealth
Maryland
-$206K -2,345 Closed
FL
2009
Fort LP
Maryland
-$206K -2,343 Closed
SA
2010
Syntax Advisors
New York
-$205K -2,338 Closed
VCG
2011
Vantage Consulting Group
Virginia
-$205K -2,338 Closed
SFG
2012
Sather Financial Group
Texas
-$205K -2,333 Closed
G
2013
GenTrust
Florida
-$205K -2,329 Closed
EL
2014
Essex LLC
Illinois
-$231K -2,302 Closed
VST
2015
Van Strum & Towne
California
-$201K -2,282 Closed
CAM
2016
Covenant Asset Management
New Jersey
-$200K -2,278 Closed
IC
2017
Inscription Capital
Texas
-$200K -2,278 Closed
ABLA
2018
Alan B. Lancz & Associates
Ohio
-$185K -2,109 Closed
GC
2019
Gibson Capital
Pennsylvania
-$172K -1,960 Closed
AWM
2020
Ameliora Wealth Management
Switzerland
-$147K -1,674 Closed
CWAF
2021
Core Wealth Advisors (Florida)
Florida
-$142K -1,616 Closed
KI
2022
Kapitalo Investimentos
Brazil
-$114K -1,302 Closed
IUHSA
2023
Itau Unibanco Holding S.A.
Brazil
-$91K -1,036 Closed
PCM
2024
Pointe Capital Management
Michigan
-$91K -1,036 Closed
GCWM
2025
Graham Capital Wealth Management
District of Columbia
-$777K -884 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.