3M
1,557 hedge funds and large institutions have $65.5B invested in 3M in 2015 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 502 increasing their positions, 712 reducing their positions, and 67 closing their positions.
28% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 67
0% more funds holding
Funds holding: 1,554 → 1,557 (+3)
1.41% less ownership
Funds ownership: 81.47% → 80.07% (-1.4%)
8% less capital invested
Capital invested by funds: $71.4B → $65.5B (-$5.87B)
19% less call options, than puts
Call options by funds: $610M | Put options by funds: $752M
22% less funds holding in top 10
Funds holding in top 10: 135 → 105 (-30)
29% less repeat investments, than reductions
Existing positions increased: 502 | Existing positions reduced: 712
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$131M |
| 2 |
Flossbach Von Storch
Cologne,
Germany
|
+$95.9M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$94.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$84.2M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$83.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$339M |
| 2 |
State Street
Boston,
Massachusetts
|
-$275M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$196M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$188M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$157M |
MMM Hedge Fund Activity: Q2 2015 in Review
1,557 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2015, worth a combined $65.5B — down 8.2% from $71.4B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new MMM positions and 67 closed out — a net gain of 19 holders — while 502 added to existing stakes and 712 trimmed.
The largest buyer was UBS AM, adding an estimated $131M. The largest seller was T. Rowe Price Associates, cutting an estimated $339M.
- 1,557 institutional investors held 3M (MMM) as of Q2 2015, up from 1,554 in Q1 2015.
- Funds reported $65.5B of 3M stock for Q2 2015, down 8.2% quarter-over-quarter.
- 86 funds opened new 3M positions in Q2 2015 and 67 closed out, a net change of +19 holders.
- The largest 3M buyer in Q2 2015 was UBS AM, an estimated $131M added.
- The largest 3M seller in Q2 2015 was T. Rowe Price Associates, an estimated $339M sold.
Based on aggregated 13F filings for Q2 2015.