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1,905 hedge funds and large institutions have $78.5B invested in 3M in 2018 Q2 according to their latest regulatory filings, with 95 funds opening new positions, 728 increasing their positions, 781 reducing their positions, and 108 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.64% more ownership

Funds ownership: 79.95%80.59% (+0.64%)

7% less repeat investments, than reductions

Existing positions increased: 728 | Existing positions reduced: 781

1% less funds holding

Funds holding: 1,9341,905 (-29)

10% less capital invested

Capital invested by funds: $87.2B → $78.5B (-$8.71B)

12% less first-time investments, than exits

New positions opened: 95 | Existing positions closed: 108

34% less funds holding in top 10

Funds holding in top 10: 14999 (-50)

45% less call options, than puts

Call options by funds: $659M | Put options by funds: $1.21B

Holders
1,905
Holders Change
-29
Holders Change %
-1.5%
% of All Funds
43.61%
Holding in Top 10
99
Holding in Top 10 Change
-50
Holding in Top 10 Change %
-33.56%
% of All Funds
2.27%
New
95
Increased
728
Reduced
781
Closed
108
Calls
$659M
Puts
$1.21B
Net Calls
-$548M
Net Calls Change
+$7.43M
Name Holding Trade Value Shares
Change
Change in
Stake
IAMU
201
Impax Asset Management (UK)
United Kingdom
$31.8M +$33M +193,143 New
WPC
202
White Pine Capital
Minnesota
$31.5M -$283K -1,659 -0.9%
Lazard Asset Management
203
Lazard Asset Management
New York
$31.1M -$93.9M -550,025 -74%
CIBC World Market
204
CIBC World Market
Ontario, Canada
$31M +$2.14M +12,525 +7%
DAM
205
Delta Asset Management
Tennessee
$30.8M +$1.21M +7,068 +4%
ASRS
206
Arizona State Retirement System
Arizona
$30.4M -$929K -5,446 -3%
RMDI
207
R.M. Davis Inc
Maine
$30.3M -$72.7K -426 -0.2%
OPERF
208
Oregon Public Employees Retirement Fund
Oregon
$30.1M -$20.4M -119,794 -40%
MA
209
MUFG Americas
New York
$30.1M -$28.7K -168 -0.1%
DP
210
Dearborn Partners
Illinois
$30M -$838K -4,910 -3%
Los Angeles Capital Management
211
Los Angeles Capital Management
California
$29.9M -$48.1M -281,726 -61%
OI
212
Oakbrook Investments
Illinois
$29.6M +$29M +169,995 +1,726%
TAM
213
Tocqueville Asset Management
New York
$29.3M +$79.7K +467 +0.3%
Connor, Clark & Lunn Investment Management (CC&L)
214
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$29.3M -$9.23M -54,059 -23%
FIM
215
Foresters Investment Management
New York
$29.2M -$16.6M -97,474 -35%
WBC
216
Westpac Banking Corp
Australia
$28.5M +$978K +5,728 +3%
TPSF
217
Texas Permanent School Fund
Texas
$28.5M -$1.83M -10,751 -6%
HP
218
Hikari Power
Japan
$28M +$4.85M +28,441 +20%
Robeco Institutional Asset Management
219
Robeco Institutional Asset Management
Netherlands
$27.8M -$134M -786,055 -82%
PSUF
220
People's United Financial
Connecticut
$27.8M -$100K -587 -0.3%
Zurich Cantonal Bank
221
Zurich Cantonal Bank
Switzerland
$27.3M -$1.65M -9,665 -6%
NIM
222
Northeast Investment Management
Massachusetts
$27.2M +$162K +947 +0.6%
GG
223
Gofen & Glossberg
Illinois
$27.1M +$5.13M +30,058 +22%
FTIOP
224
Fiduciary Trust International of Pennsylvania
Pennsylvania
$27M +$55.1K +323 +0.2%
MWAC
225
Mariner Wealth Advisors (Cincinnati)
Ohio
$26.8M +$849K +4,974 +3%

MMM Hedge Fund Activity: Q2 2018 in Review

1,905 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2018, worth a combined $78.5B — down 10% from $87.2B a quarter earlier.

Sellers outnumbered buyers: 108 funds closed out of MMM and 95 opened new positions — a net loss of 13 holders — while 781 trimmed existing stakes and 728 added.

The largest buyer was Parnassus Investments, opening a new position worth an estimated $733M. The largest seller was TIAA CREF Investment Management, cutting an estimated $434M.

  • 1,905 institutional investors held 3M (MMM) as of Q2 2018, down from 1,934 in Q1 2018.
  • Funds reported $78.5B of 3M stock for Q2 2018, down 10% quarter-over-quarter.
  • 95 funds opened new 3M positions in Q2 2018 and 108 closed out, a net change of -13 holders.
  • The largest 3M buyer in Q2 2018 was Parnassus Investments, an estimated $733M added.
  • The largest 3M seller in Q2 2018 was TIAA CREF Investment Management, an estimated $434M sold.

Based on aggregated 13F filings for Q2 2018.