Air Products & Chemicals
1,015 hedge funds and large institutions have $29.6B invested in Air Products & Chemicals in 2018 Q2 according to their latest regulatory filings, with 91 funds opening new positions, 390 increasing their positions, 329 reducing their positions, and 66 closing their positions.
38% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 66
23% more call options, than puts
Call options by funds: $120M | Put options by funds: $97.8M
19% more repeat investments, than reductions
Existing positions increased: 390 | Existing positions reduced: 329
2% more funds holding
Funds holding: 998 → 1,015 (+17)
0.9% less ownership
Funds ownership: 87.6% → 86.7% (-0.9%)
3% less capital invested
Capital invested by funds: $30.5B → $29.6B (-$903M)
32% less funds holding in top 10
Funds holding in top 10: 19 → 13 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$252M |
| 2 |
JP Morgan Chase
New York
|
+$90M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$57.2M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$43.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$41.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$233M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$172M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$123M |
| 4 |
Renaissance Technologies
New York
|
-$81.9M |
| 5 |
GA
Glenhill Advisors
New York
|
-$79.4M |
APD Hedge Fund Activity: Q2 2018 in Review
1,015 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Air Products & Chemicals (APD) for Q2 2018, worth a combined $29.6B — down 3% from $30.5B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new APD positions and 66 closed out — a net gain of 25 holders — while 390 added to existing stakes and 329 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $252M. The largest seller was AllianceBernstein, cutting an estimated $233M.
- 1,015 institutional investors held Air Products & Chemicals (APD) as of Q2 2018, up from 998 in Q1 2018.
- Funds reported $29.6B of Air Products & Chemicals stock for Q2 2018, down 3% quarter-over-quarter.
- 91 funds opened new Air Products & Chemicals positions in Q2 2018 and 66 closed out, a net change of +25 holders.
- The largest Air Products & Chemicals buyer in Q2 2018 was Fidelity Investments, an estimated $252M added.
- The largest Air Products & Chemicals seller in Q2 2018 was AllianceBernstein, an estimated $233M sold.
Based on aggregated 13F filings for Q2 2018.