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Air Products & Chemicals

1,747 hedge funds and large institutions have $58.9B invested in Air Products & Chemicals in 2025 Q2 according to their latest regulatory filings, with 115 funds opening new positions, 644 increasing their positions, 711 reducing their positions, and 139 closing their positions.

New
Increased
Maintained
Reduced
Closed

267% more call options, than puts

Call options by funds: $630M | Put options by funds: $172M

1.21% more ownership

Funds ownership: 92.19%93.4% (+1.2%)

3% less capital invested

Capital invested by funds: $60.4B → $58.9B (-$1.54B)

9% less repeat investments, than reductions

Existing positions increased: 644 | Existing positions reduced: 711

2% less funds holding

Funds holding: 1,7901,747 (-43)

17% less first-time investments, than exits

New positions opened: 115 | Existing positions closed: 139

29% less funds holding in top 10

Funds holding in top 10: 2820 (-8)

Holders
1,747
Holders Change
-43
Holders Change %
-2.4%
% of All Funds
23%
Holding in Top 10
20
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-28.57%
% of All Funds
0.26%
New
115
Increased
644
Reduced
711
Closed
139
Calls
$630M
Puts
$172M
Net Calls
+$459M
Net Calls Change
+$178M
Name Holding Trade Value Shares
Change
Change in
Stake
ECP
51
Electron Capital Partners
New York
$132M +$43.2M +158,011 +51%
CI
52
Cincinnati Insurance
Ohio
$132M
Empower Advisory Group
53
Empower Advisory Group
Colorado
$131M +$5.97M +21,802 +5%
Mitsubishi UFJ Asset Management
54
Mitsubishi UFJ Asset Management
Japan
$125M +$8.26M +30,179 +7%
HSBC Holdings
55
HSBC Holdings
United Kingdom
$125M -$7.01M -25,612 -5%
Deutsche Bank
56
Deutsche Bank
Germany
$120M -$4.35M -15,889 -4%
PNC Financial Services Group
57
PNC Financial Services Group
Pennsylvania
$119M -$21.3M -78,001 -16%
HTC
58
Haverford Trust Company
Pennsylvania
$117M -$110K -402 -0.1%
RhumbLine Advisers
59
RhumbLine Advisers
Massachusetts
$114M -$4.49M -16,418 -4%
LPL Financial
60
LPL Financial
California
$111M +$4.85M +17,717 +5%
JWBC
61
John W. Bristol & Co
New York
$102M -$144K -525 -0.1%
M&T Bank
62
M&T Bank
New York
$99.2M -$2.48M -9,078 -3%
Ensign Peak Advisors
63
Ensign Peak Advisors
Utah
$96.9M +$5.13M +18,746 +6%
VOYA Investment Management
64
VOYA Investment Management
Georgia
$93.1M -$34.2M -124,866 -27%
T. Rowe Price Associates
65
T. Rowe Price Associates
Maryland
$92.6M +$534K +1,952 +0.6%
BNP Paribas Financial Markets
66
BNP Paribas Financial Markets
France
$90.5M -$9.43M -34,483 -10%
Corient Private Wealth
67
Corient Private Wealth
Florida
$87.9M -$6.84M -25,011 -7%
Janney Montgomery Scott
68
Janney Montgomery Scott
Pennsylvania
$87M +$159K +581 +0.2%
Victory Capital Management
69
Victory Capital Management
Texas
$84M +$59.3M +216,705 +273%
Bank of Montreal
70
Bank of Montreal
Ontario, Canada
$80.7M -$26.8M -98,074 -26%
HighTower Advisors
71
HighTower Advisors
Illinois
$80.5M -$7.95M -29,049 -9%
GLA
72
Great Lakes Advisors
Illinois
$80M -$1.8M -6,583 -2%
SEI Investments
73
SEI Investments
Pennsylvania
$79.5M +$3.36M +12,268 +5%
California Public Employees Retirement System
74
California Public Employees Retirement System
California
$78.9M +$3.16M +11,533 +4%
PIF
75
Public Investment Fund
Saudi Arabia
$75.6M -$168M -613,374 -70%

APD Hedge Fund Activity: Q2 2025 in Review

1,747 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Air Products & Chemicals (APD) for Q2 2025, worth a combined $58.9B — down 2.5% from $60.4B a quarter earlier.

Sellers outnumbered buyers: 139 funds closed out of APD and 115 opened new positions — a net loss of 24 holders — while 711 trimmed existing stakes and 644 added.

The largest buyer was Viking Global Investors, opening a new position worth an estimated $589M. The largest seller was Capital Research Global Investors, cutting an estimated $575M.

  • 1,747 institutional investors held Air Products & Chemicals (APD) as of Q2 2025, down from 1,790 in Q1 2025.
  • Funds reported $58.9B of Air Products & Chemicals stock for Q2 2025, down 2.5% quarter-over-quarter.
  • 115 funds opened new Air Products & Chemicals positions in Q2 2025 and 139 closed out, a net change of -24 holders.
  • The largest Air Products & Chemicals buyer in Q2 2025 was Viking Global Investors, an estimated $589M added.
  • The largest Air Products & Chemicals seller in Q2 2025 was Capital Research Global Investors, an estimated $575M sold.

Based on aggregated 13F filings for Q2 2025.