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2,194 hedge funds and large institutions have $66.7B invested in 3M in 2020 Q4 according to their latest regulatory filings, with 284 funds opening new positions, 845 increasing their positions, 772 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

226% more first-time investments, than exits

New positions opened: 284 | Existing positions closed: 87

11% more capital invested

Capital invested by funds: $60.3B → $66.7B (+$6.47B)

8% more funds holding

Funds holding: 2,0272,194 (+167)

9% more repeat investments, than reductions

Existing positions increased: 845 | Existing positions reduced: 772

0.89% more ownership

Funds ownership: 78.32%79.21% (+0.89%)

0% more funds holding in top 10

Funds holding in top 10: 4343 (0)

23% less call options, than puts

Call options by funds: $751M | Put options by funds: $971M

Holders
2,194
Holders Change
+167
Holders Change %
+8.24%
% of All Funds
38.82%
Holding in Top 10
43
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.76%
New
284
Increased
845
Reduced
772
Closed
87
Calls
$751M
Puts
$971M
Net Calls
-$220M
Net Calls Change
-$12.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$7.87B -$54.3M -382,521 -0.7%
BlackRock
2
BlackRock
New York
$7.2B +$394M +2,773,524 +6%
State Street
3
State Street
Massachusetts
$5.25B -$93.3M -657,001 -2%
Newport Trust Company
4
Newport Trust Company
District of Columbia
$1.88B -$35.9M -253,083 -2%
State Farm Mutual Automobile Insurance
5
State Farm Mutual Automobile Insurance
Illinois
$1.79B
Flossbach Von Storch
6
Flossbach Von Storch
Germany
$1.56B +$38.4M +270,822 +3%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$1.54B +$72.9M +513,798 +5%
Charles Schwab
8
Charles Schwab
California
$1.36B +$115M +810,224 +10%
Massachusetts Financial Services
9
Massachusetts Financial Services
Massachusetts
$1.35B -$12.5M -88,003 -0.9%
Northern Trust
10
Northern Trust
Illinois
$1.24B -$50.8M -357,556 -4%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$1.14B -$52.9M -372,884 -5%
Wells Fargo
12
Wells Fargo
California
$1.13B +$37.5M +264,071 +4%
Bank of America
13
Bank of America
North Carolina
$877M -$115M -809,086 -12%
Fisher Asset Management
14
Fisher Asset Management
Washington
$856M +$35.7M +251,549 +4%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$814M +$349M +2,456,366 +79%
Morgan Stanley
16
Morgan Stanley
New York
$767M +$118M +834,675 +19%
US Bancorp
17
US Bancorp
Minnesota
$759M -$24.5M -172,250 -3%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$689M +$65.7M +462,615 +11%
Legal & General Group
19
Legal & General Group
United Kingdom
$676M +$34.2M +241,243 +5%
JIM
20
Jensen Investment Management
Oregon
$605M +$2.81M +19,785 +0.5%
Invesco
21
Invesco
Georgia
$572M +$690K +4,864 +0.1%
N
22
Nuveen
North Carolina
$523M +$91.2M +642,195 +22%
Norges Bank
23
Norges Bank
Norway
$490M -$278M -1,958,110 -37%
Caisse de Depot et Placement du Quebec (CDPQ)
24
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$476M -$16.6M -117,156 -3%
AllianceBernstein
25
AllianceBernstein
Tennessee
$474M +$5.42M +38,148 +1%

MMM Hedge Fund Activity: Q4 2020 in Review

2,194 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q4 2020, worth a combined $66.7B — up 11% from $60.3B a quarter earlier.

Buyers outnumbered sellers: 284 funds opened new MMM positions and 87 closed out — a net gain of 197 holders — while 845 added to existing stakes and 772 trimmed.

The largest buyer was BlackRock, adding an estimated $394M. The largest seller was Norges Bank, cutting an estimated $278M.

  • 2,194 institutional investors held 3M (MMM) as of Q4 2020, up from 2,027 in Q3 2020.
  • Funds reported $66.7B of 3M stock for Q4 2020, up 11% quarter-over-quarter.
  • 284 funds opened new 3M positions in Q4 2020 and 87 closed out, a net change of +197 holders.
  • The largest 3M buyer in Q4 2020 was BlackRock, an estimated $394M added.
  • The largest 3M seller in Q4 2020 was Norges Bank, an estimated $278M sold.

Based on aggregated 13F filings for Q4 2020.