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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
California State Teachers Retirement System (CalSTRS)
76
California State Teachers Retirement System (CalSTRS)
California
$75.2M +$132K +482 +0.2%
Wealth Enhancement Advisory Services
77
Wealth Enhancement Advisory Services
Minnesota
$74.1M +$9.32M +34,059 +15%
DLA
78
Douglas Lane & Associates
New York
$73.2M +$2.97M +10,849 +4%
Nomura Asset Management
79
Nomura Asset Management
Japan
$73.1M +$20.8M +75,882 +41%
BTW
80
Boston Trust Walden
Massachusetts
$71.5M -$2.62M -9,590 -4%
Adage Capital Partners
81
Adage Capital Partners
Massachusetts
$70.2M +$26.2M +95,800 +63%
Mariner
82
Mariner
Kansas
$67M +$1.4M +5,099 +2%
Citigroup
83
Citigroup
New York
$66.9M -$12.1M -44,172 -16%
AllianceBernstein
84
AllianceBernstein
Tennessee
$66.2M -$968K -3,538 -1%
Marshall Wace
85
Marshall Wace
United Kingdom
$65.3M +$54.8M +200,253 +641%
New York State Common Retirement Fund
86
New York State Common Retirement Fund
New York
$64.5M -$876K -3,200 -1%
Fayez Sarofim & Co
87
Fayez Sarofim & Co
Texas
$60M -$4.76M -17,390 -8%
State Board of Administration of Florida Retirement System
88
State Board of Administration of Florida Retirement System
Florida
$59M +$681K +2,490 +1%
CIM
89
Confluence Investment Management
Missouri
$58.1M -$190K -694 -0.3%
VF
90
Vest Financial
Virginia
$56.9M +$10.5M +38,262 +23%
TAM
91
Tocqueville Asset Management
New York
$53.6M -$14.7M -53,555 -22%
VC
92
Vestor Capital
Illinois
$53.2M +$50.1M +183,163 +74,155%
RCM
93
RNC Capital Management
California
$51.3M -$507K -1,854 -1%
JG
94
Jain Global
New York
$51.1M -$12.2M -44,733 -20%
CAPTRUST Financial Advisors
95
CAPTRUST Financial Advisors
North Carolina
$50.4M -$799K -2,922 -2%
Natixis Advisors
96
Natixis Advisors
Massachusetts
$49.8M -$1.07M -3,902 -2%
SAM
97
Storebrand Asset Management
Norway
$48.6M +$24.9K +91 +0.1%
New York State Teachers Retirement System (NYSTRS)
98
New York State Teachers Retirement System (NYSTRS)
New York
$47.9M +$444K +1,622 +1%
Canada Pension Plan Investment Board
99
Canada Pension Plan Investment Board
Ontario, Canada
$47.6M
Aviva
100
Aviva
United Kingdom
$46.9M +$3M +10,961 +7%

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.