Stratton Management’s Air Products & Chemicals APD Stock Holding History

Stratton 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	$13.5M	Sell	112,109 -10,490	-9%	-$1.32M	1.64%	8
2015 Q3	$14.5M	Buy	122,599 +21,267	+21%	+$2.71M	1.66%	6
2015 Q2	$12.8M	Sell	101,332 -20,674	-17%	-$2.82M	0.56%	63
2015 Q1	$17.1M	Sell	122,006 -1,054	-0.9%	-$146K	0.7%	50
2014 Q4	$16.4M	Buy	123,060 +6,816	+6%	+$862K	0.68%	54
2014 Q3	$14M	Sell	116,244 -14,702	-11%	-$1.8M	0.63%	55
2014 Q2	$15.6M	Sell	130,946 -7,459	-5%	-$832K	0.65%	50
2014 Q1	$15.2M	Sell	138,405 -324	-0.2%	-$34.4K	0.7%	43
2013 Q4	$14.3M	Sell	138,729 -5,769	-4%	-$582K	0.68%	43
2013 Q3	$14.2M	Sell	144,498 -14,983	-9%	-$1.42M	0.74%	38
2013 Q2	$13.5M	Buy	+159,481	New	+$13.4M	0.78%	35

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

Stratton Management's APD Position: Q4 2015 in Review

Stratton Management reduced its Air Products & Chemicals (APD) stake by 8.6% in Q4 2015, selling an estimated $1.32M and leaving 112,109 shares worth $13.5M. The position accounts for 1.64% of the portfolio, ranked #8.

Stratton Management first reported a position in APD in Q2 2013 and has held it in 11 quarters since. The position peaked at $17.1M in Q1 2015. 810 funds tracked by Wall St. Rank hold APD as of Q4 2015.

Stratton Management held 112,109 shares of Air Products & Chemicals worth $13.5M as of Q4 2015.
Stratton Management sold 10,490 Air Products & Chemicals shares in Q4 2015, an estimated $1.32M.
Air Products & Chemicals made up 1.64% of Stratton Management's portfolio in Q4 2015, its #8 holding.
Stratton Management first reported a position in Air Products & Chemicals in Q2 2013 and has held it in 11 quarters since.
Stratton Management's Air Products & Chemicals position peaked at $17.1M in Q1 2015.
810 funds tracked by Wall St. Rank held Air Products & Chemicals as of Q4 2015.

Based on Stratton Management's 13F filing for Q4 2015, filed 11 Feb 2016.