Air Products & Chemicals
APD
763 hedge funds and large institutions have $21.8B invested in Air Products & Chemicals in 2014 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 238 increasing their positions, 297 reducing their positions, and 45 closing their positions.
559% more call options, than puts
Call options by funds: $476M | Put options by funds: $72.2M
84% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 45
35% more funds holding in top 10
Funds holding in top 10: 17 → 23 (+6)
9% more capital invested
Capital invested by funds: $19.9B → $21.8B (+$1.86B)
4% more funds holding
Funds holding: 733 → 763 (+30)
0.79% more ownership
Funds ownership: 93.11% → 93.9% (+0.79%)
20% less repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 297
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$232M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$196M |
| 3 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
+$174M |
| 4 |
SCP
Soroban Capital Partners
New York
|
+$156M |
| 5 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$115M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$259M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$161M |
| 3 |
GA
Greenhaven Associates
Purchase,
New York
|
-$111M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$105M |
| 5 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$87.1M |
APD Hedge Fund Activity: Q1 2014 in Review
763 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Air Products & Chemicals (APD) for Q1 2014, worth a combined $21.8B — up 9.4% from $19.9B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new APD positions and 45 closed out — a net gain of 38 holders — while 238 added to existing stakes and 297 trimmed.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $232M. The largest seller was JP Morgan Chase, cutting an estimated $259M.
- 763 institutional investors held Air Products & Chemicals (APD) as of Q1 2014, up from 733 in Q4 2013.
- Funds reported $21.8B of Air Products & Chemicals stock for Q1 2014, up 9.4% quarter-over-quarter.
- 83 funds opened new Air Products & Chemicals positions in Q1 2014 and 45 closed out, a net change of +38 holders.
- The largest Air Products & Chemicals buyer in Q1 2014 was Fir Tree Capital Management, an estimated $232M added.
- The largest Air Products & Chemicals seller in Q1 2014 was JP Morgan Chase, an estimated $259M sold.
Based on aggregated 13F filings for Q1 2014.