3M
2,257 hedge funds and large institutions have $74.8B invested in 3M in 2021 Q1 according to their latest regulatory filings, with 194 funds opening new positions, 956 increasing their positions, 779 reducing their positions, and 106 closing their positions.
83% more first-time investments, than exits
New positions opened: 194 | Existing positions closed: 106
50% more capital inflows, than outflows
Capital inflows: $4B | Capital outflows: $2.67B
42% more funds holding in top 10
Funds holding in top 10: 43 → 61 (+18)
23% more repeat investments, than reductions
Existing positions increased: 956 | Existing positions reduced: 779
12% more call options, than puts
Call options by funds: $1.02B | Put options by funds: $912M
3% more funds holding
Funds holding: 2,197 → 2,257 (+60)
0.79% more ownership
Funds ownership: 66.27% → 67.06% (+0.79%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$186M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$170M |
| 3 |
Amundi Asset Management US
Boston,
Massachusetts
|
+$155M |
| 4 |
State Street
Boston,
Massachusetts
|
+$152M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$145M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$290M |
| 2 |
BlackRock
New York
|
-$277M |
| 3 |
AustralianSuper
Melbourne,
Australia
|
-$111M |
| 4 |
Schafer Cullen Capital Management
New York
|
-$92.8M |
| 5 |
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$83.6M |
MMM Hedge Fund Activity: Q1 2021 in Review
2,257 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q1 2021, worth a combined $74.8B — up 12% from $66.8B a quarter earlier.
Buyers outnumbered sellers: 194 funds opened new MMM positions and 106 closed out — a net gain of 88 holders — while 956 added to existing stakes and 779 trimmed.
The largest buyer was Geode Capital Management, adding an estimated $186M. The largest seller was First Eagle Investment Management, exiting entirely with an estimated $290M sold.
- 2,257 institutional investors held 3M (MMM) as of Q1 2021, up from 2,197 in Q4 2020.
- Funds reported $74.8B of 3M stock for Q1 2021, up 12% quarter-over-quarter.
- 194 funds opened new 3M positions in Q1 2021 and 106 closed out, a net change of +88 holders.
- The largest 3M buyer in Q1 2021 was Geode Capital Management, an estimated $186M added.
- The largest 3M seller in Q1 2021 was First Eagle Investment Management, an estimated $290M sold.
Based on aggregated 13F filings for Q1 2021.