3M
1,958 hedge funds and large institutions have $52.2B invested in 3M in 2020 Q1 according to their latest regulatory filings, with 154 funds opening new positions, 816 increasing their positions, 791 reducing their positions, and 207 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 816 | Existing positions reduced: 791
1.99% less ownership
Funds ownership: 68.5% → 66.51% (-2%)
3% less funds holding in top 10
Funds holding in top 10: 59 → 57 (-2)
4% less funds holding
Funds holding: 2,040 → 1,958 (-82)
26% less first-time investments, than exits
New positions opened: 154 | Existing positions closed: 207
31% less call options, than puts
Call options by funds: $920M | Put options by funds: $1.33B
31% less capital inflows, than outflows
Capital inflows: $3.88B | Capital outflows: $5.65B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Flossbach Von Storch
Cologne,
Germany
|
+$306M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$280M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$213M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$150M |
| 5 |
Morgan Stanley
New York
|
+$122M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$707M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$474M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$328M |
| 4 |
Charles Schwab Investment Advisory
San Francisco,
California
|
-$247M |
| 5 |
Tikehau Investment Management
Paris,
France
|
-$221M |
MMM Hedge Fund Activity: Q1 2020 in Review
1,958 of the 4,549 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q1 2020, worth a combined $52.2B — down 25% from $69.5B a quarter earlier.
Sellers outnumbered buyers: 207 funds closed out of MMM and 154 opened new positions — a net loss of 53 holders — while 791 trimmed existing stakes and 816 added.
The largest buyer was Flossbach Von Storch, adding an estimated $306M. The largest seller was Franklin Resources, cutting an estimated $707M.
- 1,958 institutional investors held 3M (MMM) as of Q1 2020, down from 2,040 in Q4 2019.
- Funds reported $52.2B of 3M stock for Q1 2020, down 25% quarter-over-quarter.
- 154 funds opened new 3M positions in Q1 2020 and 207 closed out, a net change of -53 holders.
- The largest 3M buyer in Q1 2020 was Flossbach Von Storch, an estimated $306M added.
- The largest 3M seller in Q1 2020 was Franklin Resources, an estimated $707M sold.
Based on aggregated 13F filings for Q1 2020.