3M's institutional investors, including Banque Pictet, Moneta Group, and Comerica Bank, adjusted their stakes during Q3 and Q4.

Banque Pictet & Cie SA reduced its holding in 3M by 44.5% in the third quarter, owning 15,216 shares after selling 12,223 shares. Moneta Group Investment Advisors LLC increased its stake in 3M by 73,903.2% in the fourth quarter, while Comerica Bank lowered its stake by 29.3% in the third quarter. Several other institutional investors and hedge funds also made adjustments to their stakes in 3M during the quarter.