3M
2,084 hedge funds and large institutions have $49.7B invested in 3M in 2024 Q3 according to their latest regulatory filings, with 273 funds opening new positions, 616 increasing their positions, 872 reducing their positions, and 104 closing their positions.
163% more first-time investments, than exits
New positions opened: 273 | Existing positions closed: 104
41% more call options, than puts
Call options by funds: $1.8B | Put options by funds: $1.28B
36% more capital invested
Capital invested by funds: $36.6B → $49.7B (+$13.1B)
23% more funds holding in top 10
Funds holding in top 10: 22 → 27 (+5)
7% more funds holding
Funds holding: 1,939 → 2,084 (+145)
1.72% more ownership
Funds ownership: 64.72% → 66.44% (+1.7%)
29% less repeat investments, than reductions
Existing positions increased: 616 | Existing positions reduced: 872
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.33B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$516M |
| 3 |
BlackRock
New York
|
+$249M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$186M |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$153M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$559M |
| 2 |
NI
Nuance Investments
Kansas City,
Missouri
|
-$210M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$185M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$165M |
| 5 |
Millennium Management
New York
|
-$157M |
MMM Hedge Fund Activity: Q3 2024 in Review
2,084 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q3 2024, worth a combined $49.7B — up 36% from $36.6B a quarter earlier.
Buyers outnumbered sellers: 273 funds opened new MMM positions and 104 closed out — a net gain of 169 holders — while 616 added to existing stakes and 872 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $1.33B. The largest seller was Pacer Advisors, cutting an estimated $559M.
- 2,084 institutional investors held 3M (MMM) as of Q3 2024, up from 1,939 in Q2 2024.
- Funds reported $49.7B of 3M stock for Q3 2024, up 36% quarter-over-quarter.
- 273 funds opened new 3M positions in Q3 2024 and 104 closed out, a net change of +169 holders.
- The largest 3M buyer in Q3 2024 was JP Morgan Chase, an estimated $1.33B added.
- The largest 3M seller in Q3 2024 was Pacer Advisors, an estimated $559M sold.
Based on aggregated 13F filings for Q3 2024.