3M
MMM
1,878 hedge funds and large institutions have $35.8B invested in 3M in 2023 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 653 increasing their positions, 855 reducing their positions, and 176 closing their positions.
5% more funds holding in top 10
Funds holding in top 10: 19 → 20 (+1)
8% more capital inflows, than outflows
Capital inflows: $2.54B | Capital outflows: $2.35B
0.18% more ownership
Funds ownership: 65.86% → 66.04% (+0.18%)
4% less funds holding
Funds holding: 1,954 → 1,878 (-76)
21% less call options, than puts
Call options by funds: $924M | Put options by funds: $1.18B
24% less repeat investments, than reductions
Existing positions increased: 653 | Existing positions reduced: 855
36% less first-time investments, than exits
New positions opened: 113 | Existing positions closed: 176
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EP Wealth Advisors
Torrance,
California
|
+$659M |
| 2 |
Altshuler Shaham
Tel Aviv,
Israel
|
+$94.2M |
| 3 |
Goldman Sachs
New York
|
+$78M |
| 4 |
Nuance Investments
Kansas City,
Missouri
|
+$77M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$73.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
-$402M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$215M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$147M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$69.5M |
| 5 |
Amundi
Paris,
France
|
-$55.9M |
MMM Hedge Fund Activity: Q2 2023 in Review
1,878 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2023, worth a combined $35.8B — down 6% from $38.1B a quarter earlier.
Sellers outnumbered buyers: 176 funds closed out of MMM and 113 opened new positions — a net loss of 63 holders — while 855 trimmed existing stakes and 653 added.
The largest buyer was EP Wealth Advisors, adding an estimated $659M. The largest seller was Fisher Asset Management, cutting an estimated $402M.
- 1,878 institutional investors held 3M (MMM) as of Q2 2023, down from 1,954 in Q1 2023.
- Funds reported $35.8B of 3M stock for Q2 2023, down 6% quarter-over-quarter.
- 113 funds opened new 3M positions in Q2 2023 and 176 closed out, a net change of -63 holders.
- The largest 3M buyer in Q2 2023 was EP Wealth Advisors, an estimated $659M added.
- The largest 3M seller in Q2 2023 was Fisher Asset Management, an estimated $402M sold.
Based on aggregated 13F filings for Q2 2023.