3M
1,901 hedge funds and large institutions have $63.9B invested in 3M in 2019 Q3 according to their latest regulatory filings, with 108 funds opening new positions, 693 increasing their positions, 818 reducing their positions, and 129 closing their positions.
0.31% less ownership
Funds ownership: 81.16% → 80.85% (-0.31%)
2% less funds holding
Funds holding: 1,932 → 1,901 (-31)
4% less funds holding in top 10
Funds holding in top 10: 49 → 47 (-2)
6% less capital invested
Capital invested by funds: $67.8B → $63.9B (-$3.92B)
15% less repeat investments, than reductions
Existing positions increased: 693 | Existing positions reduced: 818
16% less first-time investments, than exits
New positions opened: 108 | Existing positions closed: 129
32% less call options, than puts
Call options by funds: $671M | Put options by funds: $991M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$254M |
| 2 |
Flossbach Von Storch
Cologne,
Germany
|
+$206M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$164M |
| 4 |
First Eagle Investment Management
New York
|
+$140M |
| 5 |
Morgan Stanley
New York
|
+$109M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fundsmith LLP
London,
United Kingdom
|
-$612M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$438M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$147M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$121M |
| 5 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
-$121M |
MMM Hedge Fund Activity: Q3 2019 in Review
1,901 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q3 2019, worth a combined $63.9B — down 5.8% from $67.8B a quarter earlier.
Sellers outnumbered buyers: 129 funds closed out of MMM and 108 opened new positions — a net loss of 21 holders — while 818 trimmed existing stakes and 693 added.
The largest buyer was BlackRock, adding an estimated $254M. The largest seller was Fundsmith LLP, exiting entirely with an estimated $612M sold.
- 1,901 institutional investors held 3M (MMM) as of Q3 2019, down from 1,932 in Q2 2019.
- Funds reported $63.9B of 3M stock for Q3 2019, down 5.8% quarter-over-quarter.
- 108 funds opened new 3M positions in Q3 2019 and 129 closed out, a net change of -21 holders.
- The largest 3M buyer in Q3 2019 was BlackRock, an estimated $254M added.
- The largest 3M seller in Q3 2019 was Fundsmith LLP, an estimated $612M sold.
Based on aggregated 13F filings for Q3 2019.