Arrow Capital Management’s Air Products & Chemicals APD Stock Holding History

Arrow Capital Management’s Portfolio APD Stock Details APD Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-55,394	Closed	-$6.54M	–	21
2015 Q3	$6.54M	Sell	55,394 -30,473	-35%	-$3.88M	5.54%	8
2015 Q2	$10.9M	Buy	85,867 +4,468	+5%	+$609K	6.11%	5
2015 Q1	$11.4M	Buy	81,399 +12,972	+19%	+$1.79M	6.68%	6
2014 Q4	$9.13M	Sell	68,427 -13,189	-16%	-$1.67M	5.31%	7
2014 Q3	$9.83M	Buy	81,616 +68,103	+504%	+$8.32M	5.73%	7
2014 Q2	$1.61M	Buy	+13,513	New	+$1.51M	0.88%	19

Other funds holding APD

PSCM

Pershing Square Capital Management New York $19.5B AUM 2.08% 1-Year Est. Return

State Farm Mutual Automobile Insurance Bloomington, Illinois $146B AUM 55.73% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $33B AUM 40.62% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.26% 1-Year Est. Return

Viking Global Investors Stamford, Connecticut $35.1B AUM 21.36% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Arrow Capital Management's APD Position: Q4 2015 in Review

Arrow Capital Management sold out of Air Products & Chemicals (APD) in Q4 2015, closing a stake of 55,394 shares — an estimated $6.54M sold.

Arrow Capital Management first reported a position in APD in Q2 2014 and held it in 6 quarters. The position peaked at $11.4M in Q1 2015. 810 funds tracked by Wall St. Rank hold APD as of Q4 2015.

Arrow Capital Management reported no remaining Air Products & Chemicals position as of Q4 2015 after selling out during the quarter.
Arrow Capital Management sold 55,394 Air Products & Chemicals shares in Q4 2015, an estimated $6.54M.
Arrow Capital Management first reported a position in Air Products & Chemicals in Q2 2014 and held it in 6 quarters.
Arrow Capital Management's Air Products & Chemicals position peaked at $11.4M in Q1 2015.
810 funds tracked by Wall St. Rank held Air Products & Chemicals as of Q4 2015.

Based on Arrow Capital Management's 13F filing for Q4 2015, filed 16 Feb 2016.