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AxQ Capital LP Cuts Holdings in 3M

Guavy AI Editorial Team
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MMM
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AxQ Capital LP decreased its holdings in 3M Company (NYSE:MMM) by 80.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

The fund owned 5,830 shares of the conglomerate's stock after selling 24,756 shares during the quarter, which were worth $944,000 as of its most recent filing.

Institutional investors own 65.25% of the company's stock, and other hedge funds have also bought and sold shares of 3M in the second quarter.

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