Madison Asset Management’s Air Products & Chemicals APD Stock Holding History

Madison Asset 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
2026 Q1	$11.8M	Buy	40,611 +12,384	+44%	+$3.41M	0.15%	127
2025 Q4	$6.97M	Sell	28,227 -1,157	-4%	-$293K	0.08%	151
2025 Q3	$8.01M	Sell	29,384 -1,233	-4%	-$357K	0.09%	143
2025 Q2	$8.64M	Sell	30,617 -4,751	-13%	-$1.3M	0.09%	138
2025 Q1	$10.4M	Sell	35,368 -8,105	-19%	-$2.5M	0.12%	127
2024 Q4	$12.6M	Sell	43,473 -1,449	-3%	-$455K	0.14%	118
2024 Q3	$13.4M	Sell	44,922 -43,665	-49%	-$11.9M	0.15%	118
2024 Q2	$22.9M	Sell	88,587 -460	-0.5%	-$117K	0.28%	89
2024 Q1	$21.6M	Sell	89,047 -37,881	-30%	-$9.28M	0.27%	93
2023 Q4	$34.8M	Buy	126,928 +9,663	+8%	+$2.66M	0.47%	66
2023 Q3	$33.2M	Buy	117,265 +10,784	+10%	+$3.16M	0.49%	69
2023 Q2	$31.9M	Buy	106,481 +5,202	+5%	+$1.48M	0.47%	75
2023 Q1	$29.1M	Sell	101,279 -5,280	-5%	-$1.54M	0.44%	75
2022 Q4	$32.8M	Buy	106,559 +2,902	+3%	+$818K	0.52%	68
2022 Q3	$24.1M	Buy	103,657 +61,879	+148%	+$15.3M	0.41%	89
2022 Q2	$10M	Buy	+41,778	New	+$10.2M	0.16%	124

Other funds holding APD

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Farm Mutual Automobile Insurance Bloomington, Illinois $127B AUM 32.55% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Madison Asset Management's APD Position: Q1 2026 in Review

Madison Asset Management increased its Air Products & Chemicals (APD) stake by 44% in Q1 2026, buying an estimated $3.41M and bringing the position to 40,611 shares worth $11.8M. The position accounts for 0.15% of the portfolio, ranked #127.

Madison Asset Management first reported a position in APD in Q2 2022 and has held it in 16 quarters since. The position peaked at $34.8M in Q4 2023. 1,772 funds tracked by Wall St. Rank hold APD as of Q1 2026.

Madison Asset Management held 40,611 shares of Air Products & Chemicals worth $11.8M as of Q1 2026.
Madison Asset Management bought 12,384 Air Products & Chemicals shares in Q1 2026, an estimated $3.41M.
Air Products & Chemicals made up 0.15% of Madison Asset Management's portfolio in Q1 2026, its #127 holding.
Madison Asset Management first reported a position in Air Products & Chemicals in Q2 2022 and has held it in 16 quarters since.
Madison Asset Management's Air Products & Chemicals position peaked at $34.8M in Q4 2023.
1,772 funds tracked by Wall St. Rank held Air Products & Chemicals as of Q1 2026.

Based on Madison Asset Management's 13F filing for Q1 2026, filed 7 May 2026.