3M
1,941 hedge funds and large institutions have $36.6B invested in 3M in 2024 Q2 according to their latest regulatory filings, with 175 funds opening new positions, 218 increasing their positions, 1,548 reducing their positions, and 147 closing their positions.
58% more call options, than puts
Call options by funds: $876M | Put options by funds: $555M
19% more first-time investments, than exits
New positions opened: 175 | Existing positions closed: 147
5% more funds holding in top 10
Funds holding in top 10: 21 → 22 (+1)
0% less funds holding
Funds holding: 1,943 → 1,941 (-2)
3% less capital invested
Capital invested by funds: $37.9B → $36.6B (-$1.29B)
13.2% less ownership
Funds ownership: 77.89% → 64.69% (-13%)
86% less repeat investments, than reductions
Existing positions increased: 218 | Existing positions reduced: 1,548
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
1,941 of the 6,935 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: 175 funds opened new MMM positions and 147 closed out — a net gain of 28 holders — while 218 added to existing stakes and 1,548 trimmed.
The largest buyer was Capital World Investors, adding an estimated $296M. The largest seller was State Street, cutting an estimated $1.34B.
- 1,941 institutional investors held 3M (MMM) as of Q2 2024, down from 1,943 in Q1 2024.
- Funds reported $36.6B of 3M stock for Q2 2024, down 3.4% quarter-over-quarter.
- 175 funds opened new 3M positions in Q2 2024 and 147 closed out, a net change of +28 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.