3M
1,753 hedge funds and large institutions have $83.6B invested in 3M in 2017 Q2 according to their latest regulatory filings, with 110 funds opening new positions, 611 increasing their positions, 733 reducing their positions, and 51 closing their positions.
116% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 51
13% more funds holding in top 10
Funds holding in top 10: 144 → 163 (+19)
10% more capital invested
Capital invested by funds: $76.2B → $83.6B (+$7.39B)
2% more funds holding
Funds holding: 1,711 → 1,753 (+42)
0.73% more ownership
Funds ownership: 79.69% → 80.42% (+0.73%)
17% less repeat investments, than reductions
Existing positions increased: 611 | Existing positions reduced: 733
51% less call options, than puts
Call options by funds: $506M | Put options by funds: $1.03B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$433M |
| 2 |
Janus Henderson Group
London,
|
+$252M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$248M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$181M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$140M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$338M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$188M |
| 3 |
State Street
Boston,
Massachusetts
|
-$159M |
| 4 |
Millennium Management
New York
|
-$123M |
| 5 |
JP Morgan Chase
New York
|
-$111M |
MMM Hedge Fund Activity: Q2 2017 in Review
1,753 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2017, worth a combined $83.6B — up 9.7% from $76.2B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new MMM positions and 51 closed out — a net gain of 59 holders — while 611 added to existing stakes and 733 trimmed.
The largest buyer was BlackRock, adding an estimated $433M. The largest seller was Ameriprise, cutting an estimated $338M.
- 1,753 institutional investors held 3M (MMM) as of Q2 2017, up from 1,711 in Q1 2017.
- Funds reported $83.6B of 3M stock for Q2 2017, up 9.7% quarter-over-quarter.
- 110 funds opened new 3M positions in Q2 2017 and 51 closed out, a net change of +59 holders.
- The largest 3M buyer in Q2 2017 was BlackRock, an estimated $433M added.
- The largest 3M seller in Q2 2017 was Ameriprise, an estimated $338M sold.
Based on aggregated 13F filings for Q2 2017.