3M
1,944 hedge funds and large institutions have $36.6B invested in 3M in 2024 Q2 according to their latest regulatory filings, with 176 funds opening new positions, 218 increasing their positions, 1,550 reducing their positions, and 146 closing their positions.
58% more call options, than puts
Call options by funds: $876M | Put options by funds: $555M
21% more first-time investments, than exits
New positions opened: 176 | Existing positions closed: 146
5% more funds holding in top 10
Funds holding in top 10: 21 → 22 (+1)
0% more funds holding
Funds holding: 1,944 → 1,944 (0)
0.44% less ownership
Funds ownership: 65.13% → 64.69% (-0.44%)
71% less capital inflows, than outflows
Capital inflows: $2.77B | Capital outflows: $9.7B
86% less repeat investments, than reductions
Existing positions increased: 218 | Existing positions reduced: 1,550
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$296M |
| 2 |
Janus Henderson Group
London,
|
+$232M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$188M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$182M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
+$160M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$1.34B |
| 2 |
BlackRock
New York
|
-$993M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$902M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$247M |
| 5 |
ProShare Advisors
Bethesda,
Maryland
|
-$216M |
MMM Hedge Fund Activity: Q2 2024 in Review
1,944 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in 3M (MMM) for Q2 2024, worth a combined $36.6B — down 3.4% from $37.9B a quarter earlier.
Buyers outnumbered sellers: 176 funds opened new MMM positions and 146 closed out — a net gain of 30 holders — while 218 added to existing stakes and 1,550 trimmed.
The largest buyer was Capital World Investors, adding an estimated $296M. The largest seller was State Street, cutting an estimated $1.34B.
- 1,944 institutional investors held 3M (MMM) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $36.6B of 3M stock for Q2 2024, down 3.4% quarter-over-quarter.
- 176 funds opened new 3M positions in Q2 2024 and 146 closed out, a net change of +30 holders.
- The largest 3M buyer in Q2 2024 was Capital World Investors, an estimated $296M added.
- The largest 3M seller in Q2 2024 was State Street, an estimated $1.34B sold.
Based on aggregated 13F filings for Q2 2024.