3M
MMM
1,436 hedge funds and large institutions have $62.2B invested in 3M in 2014 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 473 increasing their positions, 642 reducing their positions, and 42 closing their positions.
55% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 42
1% more funds holding
Funds holding: 1,426 → 1,436 (+10)
3% less capital invested
Capital invested by funds: $64.5B → $62.2B (-$2.24B)
1.01% less ownership
Funds ownership: 68.79% → 67.78% (-1%)
7% less funds holding in top 10
Funds holding in top 10: 107 → 99 (-8)
26% less repeat investments, than reductions
Existing positions increased: 473 | Existing positions reduced: 642
34% less call options, than puts
Call options by funds: $685M | Put options by funds: $1.04B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$175M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$75.7M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$71.8M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$67.9M |
| 5 |
M&T Bank
Buffalo,
New York
|
+$63.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$671M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$247M |
| 3 |
MAM
Marketfield Asset Management
New York
|
-$207M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$165M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$158M |
MMM Hedge Fund Activity: Q3 2014 in Review
1,436 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q3 2014, worth a combined $62.2B — down 3.5% from $64.5B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new MMM positions and 42 closed out — a net gain of 23 holders — while 473 added to existing stakes and 642 trimmed.
The largest buyer was Vanguard Group, adding an estimated $175M. The largest seller was Norges Bank, cutting an estimated $671M.
- 1,436 institutional investors held 3M (MMM) as of Q3 2014, up from 1,426 in Q2 2014.
- Funds reported $62.2B of 3M stock for Q3 2014, down 3.5% quarter-over-quarter.
- 65 funds opened new 3M positions in Q3 2014 and 42 closed out, a net change of +23 holders.
- The largest 3M buyer in Q3 2014 was Vanguard Group, an estimated $175M added.
- The largest 3M seller in Q3 2014 was Norges Bank, an estimated $671M sold.
Based on aggregated 13F filings for Q3 2014.