3M
2,040 hedge funds and large institutions have $69.5B invested in 3M in 2019 Q4 according to their latest regulatory filings, with 274 funds opening new positions, 668 increasing their positions, 823 reducing their positions, and 109 closing their positions.
151% more first-time investments, than exits
New positions opened: 274 | Existing positions closed: 109
26% more funds holding in top 10
Funds holding in top 10: 47 → 59 (+12)
8% more capital invested
Capital invested by funds: $64B → $69.5B (+$5.42B)
7% more funds holding
Funds holding: 1,902 → 2,040 (+138)
0.87% more ownership
Funds ownership: 67.63% → 68.5% (+0.87%)
19% less repeat investments, than reductions
Existing positions increased: 668 | Existing positions reduced: 823
27% less call options, than puts
Call options by funds: $799M | Put options by funds: $1.1B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
+$301M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$237M |
| 3 |
TIM
Tikehau Investment Management
Paris,
France
|
+$235M |
| 4 |
Lazard Asset Management
New York
|
+$214M |
| 5 |
BlackRock
New York
|
+$178M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$654M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$393M |
| 3 |
First Eagle Investment Management
New York
|
-$190M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$187M |
| 5 |
State Farm Mutual Automobile Insurance
Bloomington,
Illinois
|
-$148M |
MMM Hedge Fund Activity: Q4 2019 in Review
2,040 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q4 2019, worth a combined $69.5B — up 8.5% from $64B a quarter earlier.
Buyers outnumbered sellers: 274 funds opened new MMM positions and 109 closed out — a net gain of 165 holders — while 668 added to existing stakes and 823 trimmed.
The largest buyer was American International Group, adding an estimated $301M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $654M sold.
- 2,040 institutional investors held 3M (MMM) as of Q4 2019, up from 1,902 in Q3 2019.
- Funds reported $69.5B of 3M stock for Q4 2019, up 8.5% quarter-over-quarter.
- 274 funds opened new 3M positions in Q4 2019 and 109 closed out, a net change of +165 holders.
- The largest 3M buyer in Q4 2019 was American International Group, an estimated $301M added.
- The largest 3M seller in Q4 2019 was Capital Research Global Investors, an estimated $654M sold.
Based on aggregated 13F filings for Q4 2019.