3M
2,278 hedge funds and large institutions have $77.5B invested in 3M in 2021 Q2 according to their latest regulatory filings, with 136 funds opening new positions, 987 increasing their positions, 772 reducing their positions, and 88 closing their positions.
55% more first-time investments, than exits
New positions opened: 136 | Existing positions closed: 88
28% more repeat investments, than reductions
Existing positions increased: 987 | Existing positions reduced: 772
18% more call options, than puts
Call options by funds: $1.29B | Put options by funds: $1.09B
1% more funds holding
Funds holding: 2,254 → 2,278 (+24)
4% more capital invested
Capital invested by funds: $74.5B → $77.5B (+$2.94B)
0.24% more ownership
Funds ownership: 80.67% → 80.91% (+0.24%)
21% less funds holding in top 10
Funds holding in top 10: 61 → 48 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$201M |
| 2 |
Morgan Stanley
New York
|
+$166M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$150M |
| 4 |
Jane Street
New York
|
+$115M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$92.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Financial Perspectives
Minneapolis,
Minnesota
|
-$471M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$164M |
| 3 |
Bank of New York Mellon
New York
|
-$110M |
| 4 |
HCM
Hamlin Capital Management
New York
|
-$99.3M |
| 5 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$87M |
MMM Hedge Fund Activity: Q2 2021 in Review
2,278 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2021, worth a combined $77.5B — up 3.9% from $74.5B a quarter earlier.
Buyers outnumbered sellers: 136 funds opened new MMM positions and 88 closed out — a net gain of 48 holders — while 987 added to existing stakes and 772 trimmed.
The largest buyer was Franklin Resources, adding an estimated $201M. The largest seller was Financial Perspectives, cutting an estimated $471M.
- 2,278 institutional investors held 3M (MMM) as of Q2 2021, up from 2,254 in Q1 2021.
- Funds reported $77.5B of 3M stock for Q2 2021, up 3.9% quarter-over-quarter.
- 136 funds opened new 3M positions in Q2 2021 and 88 closed out, a net change of +48 holders.
- The largest 3M buyer in Q2 2021 was Franklin Resources, an estimated $201M added.
- The largest 3M seller in Q2 2021 was Financial Perspectives, an estimated $471M sold.
Based on aggregated 13F filings for Q2 2021.