3M
1,960 hedge funds and large institutions have $74.1B invested in 3M in 2018 Q4 according to their latest regulatory filings, with 200 funds opening new positions, 628 increasing their positions, 830 reducing their positions, and 117 closing their positions.
71% more first-time investments, than exits
New positions opened: 200 | Existing positions closed: 117
11% more funds holding in top 10
Funds holding in top 10: 100 → 111 (+11)
3% more funds holding
Funds holding: 1,897 → 1,960 (+63)
0.07% more ownership
Funds ownership: 66.67% → 66.74% (+0.07%)
10% less capital invested
Capital invested by funds: $82.6B → $74.1B (-$8.53B)
24% less repeat investments, than reductions
Existing positions increased: 628 | Existing positions reduced: 830
29% less call options, than puts
Call options by funds: $591M | Put options by funds: $837M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$319M |
| 2 |
BlackRock
New York
|
+$229M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$184M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$154M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$332M |
| 2 |
Morgan Stanley
New York
|
-$280M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$214M |
| 4 |
Janus Henderson Group
London,
|
-$152M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$136M |
MMM Hedge Fund Activity: Q4 2018 in Review
1,960 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q4 2018, worth a combined $74.1B — down 10% from $82.6B a quarter earlier.
Buyers outnumbered sellers: 200 funds opened new MMM positions and 117 closed out — a net gain of 83 holders — while 628 added to existing stakes and 830 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $319M. The largest seller was Fidelity Investments, cutting an estimated $332M.
- 1,960 institutional investors held 3M (MMM) as of Q4 2018, up from 1,897 in Q3 2018.
- Funds reported $74.1B of 3M stock for Q4 2018, down 10% quarter-over-quarter.
- 200 funds opened new 3M positions in Q4 2018 and 117 closed out, a net change of +83 holders.
- The largest 3M buyer in Q4 2018 was Wellington Management Group, an estimated $319M added.
- The largest 3M seller in Q4 2018 was Fidelity Investments, an estimated $332M sold.
Based on aggregated 13F filings for Q4 2018.