Air Products & Chemicals
1,785 hedge funds and large institutions have $58.5B invested in Air Products & Chemicals in 2026 Q1 according to their latest regulatory filings, with 239 funds opening new positions, 636 increasing their positions, 643 reducing their positions, and 91 closing their positions.
163% more first-time investments, than exits
New positions opened: 239 | Existing positions closed: 91
116% more call options, than puts
Call options by funds: $470M | Put options by funds: $217M
111% more funds holding in top 10
Funds holding in top 10: 9 → 19 (+10)
13% more capital invested
Capital invested by funds: $51.8B → $58.5B (+$6.7B)
7% more funds holding
Funds holding: 1,666 → 1,785 (+119)
1% less repeat investments, than reductions
Existing positions increased: 636 | Existing positions reduced: 643
4.65% less ownership
Funds ownership: 94.28% → 89.63% (-4.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
+$306M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$155M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$153M |
| 4 |
D.E. Shaw & Co
New York
|
+$144M |
| 5 |
Millennium Management
New York
|
+$129M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRL
Mantle Ridge LP
New York
|
-$1.01B |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$788M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$412M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$234M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
-$187M |
APD Hedge Fund Activity: Q1 2026 in Review
1,785 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in Air Products & Chemicals (APD) for Q1 2026, worth a combined $58.5B — up 13% from $51.8B a quarter earlier.
Buyers outnumbered sellers: 239 funds opened new APD positions and 91 closed out — a net gain of 148 holders — while 636 added to existing stakes and 643 trimmed.
The largest buyer was Holocene Advisors, opening a new position worth an estimated $306M. The largest seller was Mantle Ridge LP, exiting entirely with an estimated $1.01B sold.
- 1,785 institutional investors held Air Products & Chemicals (APD) as of Q1 2026, up from 1,666 in Q4 2025.
- Funds reported $58.5B of Air Products & Chemicals stock for Q1 2026, up 13% quarter-over-quarter.
- 239 funds opened new Air Products & Chemicals positions in Q1 2026 and 91 closed out, a net change of +148 holders.
- The largest Air Products & Chemicals buyer in Q1 2026 was Holocene Advisors, an estimated $306M added.
- The largest Air Products & Chemicals seller in Q1 2026 was Mantle Ridge LP, an estimated $1.01B sold.
Based on aggregated 13F filings for Q1 2026.