3M CO MMM
COM · Common Stock · CUSIP 88579Y101 · ISIN US88579Y1010
American multinational corporation
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($142.2m this quarter). Holder counts are more reliable. Shares outstanding: 549.4m as of 2024-06-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $102.11. Options: 54 managers hold calls ($893.0m notional), 46 hold puts ($561.9m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,025 |
| Q4 2022 | 2,088 |
| Q1 2023 | 1,958 |
| Q2 2023 | 1,882 |
| Q3 2023 | 1,838 |
| Q4 2023 | 1,984 |
| Q1 2024 | 1,913 |
| Q2 2024 | 1,945 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 767 | 1,061 |
| Q1 2023 | 858 | 1,035 |
| Q2 2023 | 742 | 1,033 |
| Q3 2023 | 767 | 940 |
| Q4 2023 | 735 | 1,012 |
| Q1 2024 | 828 | 1,002 |
| Q2 2024 | 880 | 883 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $840.1m | $975.3m | 1.16 |
| Q4 2023 | $1.0bn | $826.0m | 0.81 |
| Q1 2024 | $1.2bn | $833.0m | 0.71 |
| Q2 2024 | $893.0m | $561.9m | 0.63 |
Biggest buyers
| Capital World Investors | Added | +3.3m |
| JANUS HENDERSON GROUP PLC | Added | +2.6m |
| CITADEL ADVISORS LLC | Added | +2.0m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +2.0m |
| VIKING GLOBAL INVESTORS LP | New | +1.6m |
| ALLIANCEBERNSTEIN L.P. | Added | +1.3m |
| Holocene Advisors, LP | Added | +1.2m |
| Balyasny Asset Management L.P. | Added | +1.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +1.1m |
| FMR LLC | Added | +928.5k |
Biggest sellers
| MORGAN STANLEY | Reduced | -14.4m |
| STATE STREET CORP | Reduced | -7.1m |
| BlackRock Inc. | Reduced | -2.2m |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -2.1m |
| ProShare Advisors LLC | Reduced | -1.8m |
| JPMORGAN CHASE & CO | Reduced | -1.7m |
| D. E. Shaw & Co., Inc. | Sold out | -1.3m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -1.3m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.1m |
| NUANCE INVESTMENTS, LLC | Reduced | -1.1m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $223.7m2.2m shares |
| CITADEL ADVISORS LLC | Added | $166.0m1.6m shares |
| Twin Tree Management, LP | New | $71.2m696.8k shares |
| SIMPLEX TRADING, LLC | Added | $39.0m846.4k shares |
| GROUP ONE TRADING LLC | Added | $33.5m328.0k shares |
| IMC-Chicago, LLC | Reduced | $31.8m311.1k shares |
| MOORE CAPITAL MANAGEMENT, LP | New | $25.5m250.0k shares |
| Point72 Asset Management, L.P. | Reduced | $24.1m236.3k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $22.6m221.1k shares |
| Walleye Trading LLC | Reduced | $22.4m219.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $147.7m1.4m shares |
| CITADEL ADVISORS LLC | Reduced | $88.1m861.9k shares |
| Walleye Trading LLC | Reduced | $29.2m286.0k shares |
| Walleye Capital LLC | Added | $26.6m260.0k shares |
| D. E. Shaw & Co., Inc. | Reduced | $21.6m211.0k shares |
| GARDA CAPITAL PARTNERS LP | Added | $20.4m199.4k shares |
| Twin Tree Management, LP | New | $18.6m181.9k shares |
| IMC-Chicago, LLC | Reduced | $16.1m157.7k shares |
| Cubist Systematic Strategies, LLC | Added | $15.2m149.0k shares |
| GROUP ONE TRADING LLC | Added | $15.0m146.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| JPMORGAN CHASE & CO 13G · institution +1.1 pts · filed 2026-10-16 | 8.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-27 | 7.6% |
| BlackRock, Inc. 13G · institution filed 2026-04-27 | 6.6% |
| STATE STREET CORP 13G · institution new · filed 2025-02-04 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 5 | $6.6m | — |
| Q4 2022 | 0 | — | 2 | $856.1k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 2 | $1.6m | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $39.3k | — |
| Q2 2024 | 1 | $1.2k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-27 | Goralski Christian T JR Group President | Bought | $3103 shares |
| 2024-05-30 | Goralski Christian T JR Group President | Bought | $8759 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.10% of their portfolio | 49.9m $5.1bn | Added +438.4k |
| BlackRock Inc. 0.09% of their portfolio | 38.4m $3.9bn | Reduced -2.2m |
| STATE STREET CORP 0.12% of their portfolio | 26.9m $2.7bn | Reduced -7.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 11.3m $1.1bn | Added +187.3k |
| MORGAN STANLEY 0.08% of their portfolio | 9.8m $998.6m | Reduced -14.4m |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.76% of their portfolio | 8.3m $845.8m | Unchanged |
| Newport Trust Company, LLC 1.95% of their portfolio | 7.6m $775.8m | Reduced -210.3k |
| NORTHERN TRUST CORP 0.11% of their portfolio | 6.2m $631.6m | Reduced -166.7k |
| Bank of New York Mellon Corp 0.10% of their portfolio | 5.1m $517.6m | Added +533.5k |
| Pacer Advisors, Inc. 1.16% of their portfolio | 5.0m $506.1m | Added +97.3k |
| Capital World Investors 0.08% of their portfolio | 4.9m $501.6m | Added +3.3m |
| FMR LLC 0.03% of their portfolio | 4.7m $485.3m | Added +928.5k |
| NORGES BANK 0.07% of their portfolio | 4.4m $450.5m | Added +191.4k |
| MILLENNIUM MANAGEMENT LLC 0.34% of their portfolio | 4.0m $406.7m | Added +145.7k |
| Invesco Ltd. 0.09% of their portfolio | 4.0m $406.3m | Reduced -237.1k |
| Legal & General Group Plc 0.11% of their portfolio | 3.8m $389.2m | Reduced -352.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.11% of their portfolio | 3.8m $385.4m | Added +1.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 3.6m $366.8m | Added +71.0k |
| JANUS HENDERSON GROUP PLC 0.19% of their portfolio | 3.4m $352.3m | Added +2.6m |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 3.4m $345.8m | Reduced -530.4k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 3.3m $340.7m | Added +368.8k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.3m $338.7m | Reduced -1.7m |
| Balyasny Asset Management L.P. 0.79% of their portfolio | 3.0m $304.9m | Added +1.1m |
| CITADEL ADVISORS LLC 0.29% of their portfolio | 2.9m $292.3m | Added +2.0m |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 2.7m $273.9m | Reduced -363.3k |
| Holocene Advisors, LP 1.13% of their portfolio | 2.7m $271.2m | Added +1.2m |
| NUANCE INVESTMENTS, LLC 8.10% of their portfolio | 2.6m $265.1m | Reduced -1.1m |
| AQR CAPITAL MANAGEMENT LLC 0.40% of their portfolio | 2.5m $258.7m | Added +396.8k |
| US BANCORP \DE\ 0.34% of their portfolio | 2.5m $251.3m | Reduced -83.8k |
| UBS Group AG 0.07% of their portfolio | 2.4m $241.6m | Reduced -374.9k |
| BARCLAYS PLC 0.11% of their portfolio | 2.3m $238.7m | Reduced -735.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.23% of their portfolio | 2.3m $238.4m | Added +2.0m |
| Alyeska Investment Group, L.P. 1.33% of their portfolio | 2.2m $229.5m | Added +600.9k |
| ROYAL BANK OF CANADA 0.05% of their portfolio | 2.0m $200.1m | Reduced -53.9k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 1.9m $198.3m | Added +11.3k |
| ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio | 1.9m $197.4m | Added +1.3m |
| Point72 Asset Management, L.P. 0.64% of their portfolio | 1.9m $196.6m | Added +562.4k |
| Amundi 0.07% of their portfolio | 1.9m $193.7m | Added +797.7k |
| JANE STREET GROUP, LLC 0.20% of their portfolio | 1.8m $186.2m | Added +913.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 1.8m $180.2m | Reduced -362.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.13% of their portfolio | 1.7m $176.2m | Reduced -138.3k |
| VIKING GLOBAL INVESTORS LP 0.65% of their portfolio | 1.6m $168.0m | New |
| Swiss National Bank 0.11% of their portfolio | 1.6m $167.2m | Reduced -17.6k |
| HSBC HOLDINGS PLC 0.11% of their portfolio | 1.6m $165.8m | Reduced -262.7k |
| California Public Employees Retirement System 0.12% of their portfolio | 1.5m $157.0m | Reduced -172.9k |
| Nuveen Asset Management, LLC 0.05% of their portfolio | 1.5m $154.2m | Reduced -444.0k |
| PNC Financial Services Group, Inc. 0.10% of their portfolio | 1.5m $152.4m | Reduced -50.3k |
| PRUDENTIAL FINANCIAL INC 0.23% of their portfolio | 1.5m $151.5m | Reduced -98.2k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 1.4m $142.4m | Reduced -21.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.15% of their portfolio | 1.3m $137.0m | Reduced -40.0k |
| FLOSSBACH VON STORCH SE 0.57% of their portfolio | 1.3m $134.8m | Reduced -32.2k |
| MARSHALL WACE, LLP 0.18% of their portfolio | 1.2m $124.8m | Reduced -372.4k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 1.2m $120.4m | Added +295.8k |
| RHUMBLINE ADVISERS 0.11% of their portfolio | 1.1m $117.4m | Reduced -47.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.22% of their portfolio | 1.1m $116.1m | Added +560.3k |
| National Pension Service 0.13% of their portfolio | 1.1m $113.1m | Added +5.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.17% of their portfolio | 984.2k $100.6m | Reduced -491.6k |
| Aberdeen Group plc 0.19% of their portfolio | 968.3k $99.0m | Added +76.6k |
| Allianz Asset Management GmbH 0.15% of their portfolio | 916.3k $93.6m | Added +153.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.11% of their portfolio | 888.0k $90.7m | Added +12.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.11% of their portfolio | 863.4k $88.2m | Added +7.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.10% of their portfolio | 861.7k $88.1m | Reduced -109.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.11% of their portfolio | 799.6k $81.7m | Reduced -7.9k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 790.9k $83.2m | Reduced -111.9k |
| HRT FINANCIAL LP 0.44% of their portfolio | 754.2k $77.1m | Reduced -21.1k |
| Electron Capital Partners, LLC 3.95% of their portfolio | 750.9k $76.7m | New |
| LPL Financial LLC 0.04% of their portfolio | 728.4k $74.4m | Added +69.5k |
| Schonfeld Strategic Advisors LLC 0.56% of their portfolio | 702.1k $71.7m | Added +285.0k |
| Kodai Capital Management LP 1.31% of their portfolio | 673.9k $68.9m | Added +330.2k |
| RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio | 673.3k $68.8m | Reduced -68.0k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 667.0k $68.2m | Added +939 |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 651.1k $66.5m | Added +471.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 639.3k $65.3m | Reduced -25.9k |
| Man Group plc 0.17% of their portfolio | 633.1k $64.7m | Reduced -287.2k |
| AustralianSuper Pty Ltd 0.36% of their portfolio | 609.3k $62.3m | Added +151.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.11% of their portfolio | 558.6k $57.1m | Reduced -61.5k |
| Swiss Life Asset Management Ltd 0.67% of their portfolio | 556.4k $56.9m | Added +17.6k |
| FIL Ltd 0.06% of their portfolio | 544.8k $55.7m | Added +410.6k |
| AVIVA PLC 0.15% of their portfolio | 539.2k $55.1m | Added +134.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 529.9k $54.1m | Added +8.3k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 526.6k $53.8m | Reduced -649.8k |
| CINCINNATI INSURANCE CO 0.88% of their portfolio | 521.7k $53.3m | Unchanged |
| PARSONS CAPITAL MANAGEMENT INC/RI 3.50% of their portfolio | 503.4k $51.4m | Reduced -632 |
| TRUIST FINANCIAL CORP 0.08% of their portfolio | 500.7k $51.2m | Reduced -23.8k |
| Candlestick Capital Management LP 1.97% of their portfolio | 500.0k $51.1m | Reduced -100.0k |
| Cartenna Capital, LP 3.99% of their portfolio | 500.0k $51.1m | Added +390.0k |
| STIFEL FINANCIAL CORP 0.06% of their portfolio | 494.8k $50.6m | Reduced -38.2k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio | 494.6k $50.5m | Reduced -2.4k |
| Cullen Capital Management, LLC 0.58% of their portfolio | 490.4k $50.1m | Added +482.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.11% of their portfolio | 490.0k $50.1m | Reduced -19.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio | 489.5k $50.0m | Added +34.1k |
| SPINNAKER TRUST 3.15% of their portfolio | 481.9k $49.2m | Reduced -4.7k |
| NATIONAL BANK OF CANADA /FI/ 0.08% of their portfolio | 481.3k $48.4m | Reduced -1.0m |
| CITIGROUP INC 0.05% of their portfolio | 479.7k $49.0m | Added +64.3k |
| LORD, ABBETT & CO. LLC 0.08% of their portfolio | 459.0k $46.9m | New |
| Korea Investment CORP 0.12% of their portfolio | 453.5k $46.3m | Added +217.8k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.15% of their portfolio | 442.8k $45.2m | Added +16.2k |
| Mariner, LLC 0.09% of their portfolio | 442.2k $45.2m | Added +172.7k |
| HighTower Advisors, LLC 0.07% of their portfolio | 440.8k $45.1m | Added +6.7k |
| NOMURA ASSET MANAGEMENT CO LTD 0.15% of their portfolio | 431.3k $44.1m | Reduced -333.9k |