Which funds own MMM
3M Co in the Q2 2026 filings. At least 16 of the 91 current managers on file reported a position, worth $4.4bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 16
- at least, of 91 current
- Combined value
- $4.4bn
- as reported
- Opened
- 2
- new this quarter
- Added to
- 6
- already held
- Trimmed or sold out
- 9
- 1 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Capital World Investors Long-only · $846bn book | $1.4bn | 0.2% | 8,392,028 | +$27m-780,006 | Trimmed |
| D. E. Shaw & Co. Quantitative · $210bn book | $789m | 0.4% | 4,871,164 | +$20m-420,546 | Trimmed |
| Janus Henderson Group Ltd Long-only · $245bn book | $521m | 0.2% | 3,218,003 | +$28m-175,643 | Trimmed |
| Holocene Advisors LP Long/short equity · $44.4bn book | $443m | 1.0% | 2,736,218 | +$378m+2,286,910 | Added |
| AllianceBernstein LP Long-only · $302bn book | $411m | 0.1% | 2,830,023 | +$24m+412,300 | Added |
| Balyasny Asset Management LLC Multi-strategy · $80.2bn book | $374m | 0.5% | 2,306,941 | +$372m+2,299,080 | Added |
| Marshall Wace LLP Quantitative · $127bn book | $198m | 0.2% | 1,224,555 | +$44m+163,533 | Added |
| Acadian Asset Management LLC Quantitative · $84.2bn book | $125m | 0.1% | 774,259 | +$5.0m-54,585 | Trimmed |
| Voloridge Investment Management LLC Quantitative · $23.5bn book | $70m | 0.3% | 432,867 | -$55m-428,046 | Trimmed |
| Woodline Partners LP Long/short equity · $32.4bn book | $68m | 0.2% | 418,543 | +$12m+36,065 | Added |
| Schonfeld Strategic Advisors LLC Multi-strategy · $27.9bn book | $57m | 0.2% | 352,805 | +$17m+79,299 | Added |
| Quantbot Technologies LP Quantitative · $2.5bn book | $9.4m | 0.4% | 58,073 | -$1.6m-17,786 | Trimmed |
| Moore Capital Management LP Macro · $6.7bn book | $7.9m | 0.1% | 49,089 | opened49,089 | New |
| Winton Group Ltd Quantitative · $3.1bn book | $4.6m | 0.1% | 28,239 | opened28,239 | New |
| Dodge & Cox Activist · $191bn book | $1.2m | 0.0% | 7,558 | +$100k-118 | Trimmed |
| ARK Investment Management LLC Long-only · $15.4bn book | $100k | 0.0% | 470 | unchanged-27 | Trimmed |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Renaissance Technologies LLC · Quantitative$14m held before
Ownership through time
At least 31 of the 95 managers whose filings are on file listed MMM in Q2 2026, against 18 in Q2 2013. 5 managers more than in Q1 2026: 4 started positions; 3 listed it again; 2 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 18
- Q3 2013: 19
- Q4 2013: 21
- Q1 2014: 19
- Q2 2014: 21
- Q3 2014: 19
- Q4 2014: 18
- Q1 2015: 19
- Q2 2015: 24
- Q3 2015: 23
- Q4 2015: 17
- Q1 2016: 21
- Q2 2016: 21
- Q3 2016: 21
- Q4 2016: 18
- Q1 2017: 17
- Q2 2017: 20
- Q3 2017: 22
- Q4 2017: 21
- Q1 2018: 25
- Q2 2018: 24
- Q3 2018: 17
- Q4 2018: 16
- Q1 2019: 24
- Q2 2019: 25
- Q3 2019: 31
- Q4 2019: 20
- Q1 2020: 23
- Q2 2020: 15
- Q3 2020: 22
- Q4 2020: 20
- Q1 2021: 16
- Q2 2021: 15
- Q3 2021: 17
- Q4 2021: 17
- Q1 2022: 18
- Q2 2022: 21
- Q3 2022: 26
- Q4 2022: 22
- Q1 2023: 21
- Q2 2023: 21
- Q3 2023: 23
- Q4 2023: 27
- Q1 2024: 29
- Q2 2024: 30
- Q3 2024: 34
- Q4 2024: 33
- Q1 2025: 26
- Q2 2025: 21
- Q3 2025: 24
- Q4 2025: 20
- Q1 2026: 26
- Q2 2026: 31
- Q2 2013: $7.9bn
- Q3 2013: $7.9bn
- Q4 2013: $8.7bn
- Q1 2014: $8.2bn
- Q2 2014: $8.5bn
- Q3 2014: $7.9bn
- Q4 2014: $8.5bn
- Q1 2015: $8.4bn
- Q2 2015: $7.4bn
- Q3 2015: $6.9bn
- Q4 2015: $6.7bn
- Q1 2016: $7.1bn
- Q2 2016: $7.5bn
- Q3 2016: $7.6bn
- Q4 2016: $7.3bn
- Q1 2017: $7.6bn
- Q2 2017: $8.6bn
- Q3 2017: $8.7bn
- Q4 2017: $8.9bn
- Q1 2018: $8.3bn
- Q2 2018: $8.0bn
- Q3 2018: $7.5bn
- Q4 2018: $6.7bn
- Q1 2019: $8.0bn
- Q2 2019: $6.8bn
- Q3 2019: $6.3bn
- Q4 2019: $6.0bn
- Q1 2020: $4.3bn
- Q2 2020: $4.6bn
- Q3 2020: $4.1bn
- Q4 2020: $4.3bn
- Q1 2021: $4.6bn
- Q2 2021: $5.1bn
- Q3 2021: $4.0bn
- Q4 2021: $3.6bn
- Q1 2022: $2.2bn
- Q2 2022: $2.0bn
- Q3 2022: $2.2bn
- Q4 2022: $2.1bn
- Q1 2023: $1.8bn
- Q2 2023: $1.8bn
- Q3 2023: $1.8bn
- Q4 2023: $2.5bn
- Q1 2024: $3.3bn
- Q2 2024: $4.8bn
- Q3 2024: $5.9bn
- Q4 2024: $5.8bn
- Q1 2025: $7.2bn
- Q2 2025: $6.9bn
- Q3 2025: $6.8bn
- Q4 2025: $6.6bn
- Q1 2026: $7.0bn
- Q2 2026: $7.1bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Holocene Advisors LP449,308 to 2,736,218 shares+$370m
- Point72 Asset Management LPnew: 565,823 shares+$92m
- Citadel Advisors LLC1,321,071 to 1,736,119 shares+$67m
- AllianceBernstein LP2,417,723 to 2,830,023 shares+$60m
- AQR Capital Management LLC1,394,351 to 1,620,697 shares+$37m
Largest decreases, by shares
- Fidelity (FMR LLC)9,484,937 to 5,307,203 shares-$676m
- Capital World Investors9,172,034 to 8,392,028 shares-$126m
- Neuberger Berman Group LLC1,246,814 to 562,015 shares-$111m
- Invesco Ltd4,210,211 to 3,643,494 shares-$92m
- Man Group PLC917,553 to 392,783 shares-$85m
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Capital World Investors | Q1 2019 | $1.9bn | $1.4bn | |
| Fidelity (FMR LLC) | Q2 2013 | $2.2bn | $859m | |
| D. E. Shaw & Co. | Q2 2019 | $789m | $789m | |
| Invesco Ltd | Q2 2013 | $722m | $590m | |
| Janus Henderson Group Ltd | Q2 2013 | $599m | $521m | |
| Holocene Advisors LP | Q3 2019 | $443m | $443m | |
| AllianceBernstein LP | Q2 2013 | $546m | $411m | |
| Balyasny Asset Management LLC | Q3 2015 | $374m | $374m | |
| Citadel Advisors LLC | Q4 2015 | $381m | $281m | |
| AQR Capital Management LLC | Q2 2013 | $349m | $262m | |
| Millennium Management LLC | Q1 2015 | $407m | $212m | |
| Marshall Wace LLP | Q4 2014 | $198m | $198m | |
| Acadian Asset Management LLC | Q4 2013 | $125m | $125m | |
| Point72 Asset Management LP | Q4 2016 | $197m | $92m | |
| Neuberger Berman Group LLC | Q2 2013 | $523m | $91m | |
| MFS Investment Management | Q2 2013 | $3.4bn | last listed Q4 2023 | |
| Wellington Management Group LLP | Q2 2013 | $1.7bn | last listed Q3 2020 | |
| T. Rowe Price Associates Inc | Q2 2013 | $1.3bn | last listed Q1 2026 | |
| Capital Research Global Investors | Q2 2013 | $1.1bn | last listed Q3 2019 | |
| First Eagle Investment Management LLC | Q2 2013 | $1.1bn | last listed Q4 2020 | |
| Artisan Partners LP | Q2 2013 | $418m | last listed Q2 2014 | |
| Two Sigma Advisers LP | Q2 2015 | $329m | last listed Q1 2024 | |
| Harris Associates LP | Q2 2013 | $238m | last listed Q1 2015 | |
| Arrowstreet Capital LP | Q1 2017 | $210m | last listed Q2 2025 | |
| Renaissance Technologies LLC | Q3 2013 | $210m | last listed Q4 2024 |
What MMM is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around MMM →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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