undamentalytics Newsletter

3M: which funds bought and sold

Institutions that bought and sold 3M shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 874 institutions that filed 13F reports for both quarters added to or opened positions in 3M, and 943 cut or closed them. Together they sold a net 5.1M shares, −1.3% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 1.3M shares (−2.4%); index fund managers were net buyers of 2.3M shares (+1.6%). 162 opened a new position and 99 sold out entirely.

Bought, Q2 2026 874 institutions, 162 of them new holders Sold, Q2 2026 943 institutions, 99 of them sold out
Net change, all compared −5.1M shares (−1.3%)
Net change, active managers −1.3M shares (−2.4%), 42 bought, 45 sold

Buyers versus sellers

institutions compared, 2,264
Active managers and hedge funds 42 bought · 45 sold · −1.3M
Index fund managers 7 bought · 5 sold · +2.3M
Other institutions 825 bought · 893 sold · −6.0M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Blackrock, Inc. Index funds +2.4M +5.6% 45.0M $7.3B
Balyasny Asset Management L.P. Hedge fund +2.3M +29246.7% 2.3M $374M
Holocene Advisors, LP Hedge fund +2.3M +509.0% 2.7M $443M
SG Americas Securities, LLC +2.2M +91.3% 4.5M $734M
Amundi +1.8M +67.0% 4.5M $734M
Cartenna Capital, LP +1.1M New position 1.1M $186M
First Trust Advisors LP +943K +431.1% 1.2M $188M
Adage Capital Partners Gp, L.L.C. Hedge fund +584K +208.4% 863K $140M
Point72 Asset Management, L.P. Hedge fund +566K New position 566K $91.6M
Jacobs Levy Equity Management, Inc Active manager +434K +731.1% 494K $80M
BNP Paribas Financial Markets +425K +56.4% 1.2M $191M
Citadel Advisors LLC Hedge fund +415K +31.4% 1.7M $281M
Oribel Capital Management, LP +414K New position 414K $67.1M
Alliancebernstein L.P. Active manager +412K +17.1% 2.8M $411M
Dimensional Fund Advisors LP +384K +13.2% 3.3M $533M
Fullerton Fund Management Co Ltd. +278K +111.8% 526K $85.2M
UBS Am, A Distinct Business Unit Of UBS Asset Management Americas LLC +270K +7.4% 3.9M $637M
J. Goldman & Co LP Hedge fund +247K New position 247K $40.1M
Qube Research & Technologies Ltd Hedge fund +242K +12.3% 2.2M $357M
AQR Capital Management LLC Hedge fund +226K +16.2% 1.6M $262M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Jpmorgan Chase & Co −7.0M −15.1% 39.4M $6.4B
FMR LLC Active manager −4.2M −44.0% 5.3M $859M
UBS Group AG −1.5M −37.9% 2.5M $407M
Bank Of America Corp −987K −18.1% 4.5M $725M
Goldman Sachs Group Inc −844K −15.9% 4.5M $722M
Capital World Investors Active manager −780K −8.5% 8.4M $1.4B
Jane Street Group, LLC −729K −83.3% 146K $23.6M
Price T Rowe Associates Inc Active manager −699K −36.0% 1.2M $201M
Neuberger Berman Group LLC Active manager −685K −54.9% 562K $91M
Invesco Ltd. −567K −13.5% 3.6M $590M
Man Group PLC Hedge fund −525K −57.2% 393K $63.6M
Voloridge Investment Management, LLC Hedge fund −428K −49.7% 433K $70.1M
D. E. Shaw & Co., Inc. Hedge fund −421K −7.9% 4.9M $789M
Lazard Asset Management LLC Active manager −344K −79.4% 90K $14.5M
Cerity Partners LLC −330K −57.4% 245K $39.6M
Worldquant Millennium Advisors LLC Hedge fund −322K −20.5% 1.2M $202M
Two Sigma Investments, LP Hedge fund −302K −44.3% 380K $61.5M
Interval Partners, LP Hedge fund −283K −61.8% 175K $28.3M
Deutsche Bank Ag\ −265K −10.3% 2.3M $374M
Wells Fargo & Company −233K −10.7% 2.0M $316M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Cartenna Capital, LP 1.1M $186M
Point72 Asset Management, L.P.Hedge fund 566K $91.6M
Oribel Capital Management, LP 414K $67.1M
J. Goldman & Co LPHedge fund 247K $40.1M
Ontario Teachers Pension Plan Board 221K $35.7M
Janney Montgomery Scott LLC 221K $35.7M
Shellback Capital, LP 179K $29M
Albar Capital Partners LLP 123K $19.9M
HRT Financial LP 116K $18.8M
Freestone Grove Partners LPHedge fund 85K $13.8M

Sold out

largest by value

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
2,199
Ten largest holders
51.6%
of 13F-reported shares
Index fund managers
36.6%
of 13F-reported shares
Active managers and hedge funds
13.4%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 42 45 6 4 −1.3M −2.4%
Index fund managers 7 5 0 0 +2.3M +1.6%
Other institutions 825 893 156 95 −6.0M −3.2%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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