3M
1,935 hedge funds and large institutions have $86.9B invested in 3M in 2018 Q1 according to their latest regulatory filings, with 103 funds opening new positions, 682 increasing their positions, 868 reducing their positions, and 98 closing their positions.
5% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 98
0.53% less ownership
Funds ownership: 67.19% → 66.65% (-0.53%)
1% less funds holding
Funds holding: 1,955 → 1,935 (-20)
8% less capital invested
Capital invested by funds: $94.1B → $86.9B (-$7.18B)
9% less funds holding in top 10
Funds holding in top 10: 163 → 149 (-14)
21% less repeat investments, than reductions
Existing positions increased: 682 | Existing positions reduced: 868
51% less call options, than puts
Call options by funds: $526M | Put options by funds: $1.08B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$245M |
| 2 |
Janus Henderson Group
London,
|
+$132M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$112M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$110M |
| 5 |
Two Sigma Investments
New York
|
+$92.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$382M |
| 2 |
State Street
Boston,
Massachusetts
|
-$316M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$243M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$175M |
| 5 |
Renaissance Technologies
New York
|
-$115M |
MMM Hedge Fund Activity: Q1 2018 in Review
1,935 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q1 2018, worth a combined $86.9B — down 7.6% from $94.1B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new MMM positions and 98 closed out — a net gain of 5 holders — while 682 added to existing stakes and 868 trimmed.
The largest buyer was Jupiter Investment Management, adding an estimated $245M. The largest seller was Bank of America, cutting an estimated $382M.
- 1,935 institutional investors held 3M (MMM) as of Q1 2018, down from 1,955 in Q4 2017.
- Funds reported $86.9B of 3M stock for Q1 2018, down 7.6% quarter-over-quarter.
- 103 funds opened new 3M positions in Q1 2018 and 98 closed out, a net change of +5 holders.
- The largest 3M buyer in Q1 2018 was Jupiter Investment Management, an estimated $245M added.
- The largest 3M seller in Q1 2018 was Bank of America, an estimated $382M sold.
Based on aggregated 13F filings for Q1 2018.