Orbis Allan Gray’s Air Products & Chemicals APD Stock Holding History

Orbis Allan Gray’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
2018 Q3	–	Sell	-1,368,082	Closed	-$213M	–	53
2018 Q2	$213M	Sell	1,368,082 -266,123	-16%	-$43.5M	1.18%	22
2018 Q1	$260M	Sell	1,634,205 -39,627	-2%	-$6.53M	1.49%	22
2017 Q4	$275M	Sell	1,673,832 -276,231	-14%	-$44M	1.61%	20
2017 Q3	$295M	Sell	1,950,063 -53,150	-3%	-$7.79M	1.82%	23
2017 Q2	$287M	Sell	2,003,213 -20,789	-1%	-$2.96M	1.8%	22
2017 Q1	$274M	Buy	2,024,002 +444,335	+28%	+$62.6M	1.87%	21
2016 Q4	$227M	Sell	1,579,667 -155,658	-9%	-$21.8M	1.63%	23
2016 Q3	$241M	Buy	1,735,325 +37,403	+2%	+$5.19M	1.69%	17
2016 Q2	$223M	Buy	1,697,922 +204,987	+14%	+$27.3M	1.7%	19
2016 Q1	$199M	Buy	+1,492,935	New	+$181M	1.61%	19

Other funds holding APD

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

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

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

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

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $30.5B AUM 29.95% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return

Orbis Allan Gray's APD Position: Q3 2018 in Review

Orbis Allan Gray sold out of Air Products & Chemicals (APD) in Q3 2018, closing a stake of 1,368,082 shares — an estimated $213M sold.

Orbis Allan Gray first reported a position in APD in Q1 2016 and held it in 10 quarters. The position peaked at $295M in Q3 2017. 1,044 funds tracked by Wall St. Rank hold APD as of Q3 2018.

Orbis Allan Gray reported no remaining Air Products & Chemicals position as of Q3 2018 after selling out during the quarter.
Orbis Allan Gray sold 1,368,082 Air Products & Chemicals shares in Q3 2018, an estimated $213M.
Orbis Allan Gray first reported a position in Air Products & Chemicals in Q1 2016 and held it in 10 quarters.
Orbis Allan Gray's Air Products & Chemicals position peaked at $295M in Q3 2017.
1,044 funds tracked by Wall St. Rank held Air Products & Chemicals as of Q3 2018.

Based on Orbis Allan Gray's 13F filing for Q3 2018, filed 14 Nov 2018.