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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
BCIM
101
British Columbia Investment Management
British Columbia, Canada
$42.6M -$7.78M -28,422 -16%
Commonwealth Equity Services
102
Commonwealth Equity Services
Massachusetts
$42.3M -$1.93M -7,036 -4%
SO
103
STRS Ohio
Ohio
$42.1M +$1.25M +4,557 +3%
OCM
104
Osterweis Capital Management
California
$42M +$11.7M +42,791 +40%
Comerica Bank
105
Comerica Bank
Texas
$41.9M -$553K -2,021 -1%
CFC
106
Cincinnati Financial Corp
Ohio
$41.2M
KACA
107
Kayne Anderson Capital Advisors
California
$40.5M -$12.9M -47,055 -25%
VDI
108
Vaughan David Investments
Illinois
$39.4M +$1.09M +3,993 +3%
UBS AM
109
UBS AM
Illinois
$39.1M -$306M -1,119,011 -89%
WP
110
Woodline Partners
California
$39M +$32.7M +119,579 +636%
FWIA
111
Fort Washington Investment Advisors
Ohio
$38.2M +$562K +2,055 +2%
Korea Investment Corp
112
Korea Investment Corp
South Korea
$38.1M -$3.42M -12,509 -8%
Russell Investments Group
113
Russell Investments Group
United Kingdom
$37.6M -$9.64M -35,215 -21%
Fifth Third Bancorp
114
Fifth Third Bancorp
Ohio
$37.5M -$3.78M -13,797 -9%
CPSAC
115
Chas P. Smith & Associates (CPS)
Florida
$37.4M +$976K +3,568 +3%
Canada Life
116
Canada Life
Manitoba, Canada
$36.9M +$117K +426 +0.3%
KeyBank National Association
117
KeyBank National Association
Ohio
$36.8M -$348K -1,273 -1%
Prudential Financial
118
Prudential Financial
New Jersey
$36.3M +$2.43M +8,894 +7%
GC
119
Guggenheim Capital
Illinois
$36.2M -$3.57M -13,045 -9%
PGFC
120
Peapack-Gladstone Financial Corp
New Jersey
$36.2M -$320K -1,168 -0.9%
SIG
121
Senator Investment Group
New York
$36.2M -$14.9M -54,500 -30%
Chevy Chase Trust
122
Chevy Chase Trust
Maryland
$34.1M +$237K +868 +0.7%
US Bancorp
123
US Bancorp
Minnesota
$34M -$630K -2,302 -2%
Baird Financial Group
124
Baird Financial Group
Wisconsin
$33.9M -$1.99M -7,290 -6%
PL
125
Perpetual Ltd
Australia
$33.7M +$1.2M +4,373 +4%

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.