Air Products & Chemicals
699 hedge funds and large institutions have $19.5B invested in Air Products & Chemicals in 2013 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 201 increasing their positions, 293 reducing their positions, and 50 closing their positions.
145% more call options, than puts
Call options by funds: $269M | Put options by funds: $110M
80% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 50
78% more funds holding in top 10
Funds holding in top 10: 9 → 16 (+7)
14% more capital invested
Capital invested by funds: $17B → $19.5B (+$2.44B)
5% more funds holding
Funds holding: 668 → 699 (+31)
1% less ownership
Funds ownership: 96.2% → 95.2% (-1%)
31% less repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 293
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSCM
Pershing Square Capital Management
New York
|
+$1.07B |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$148M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$118M |
| 4 |
Gates Foundation Trust
Kirkland,
Washington
|
+$98.9M |
| 5 |
SC
Sculptor Capital
New York
|
+$94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$555M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$261M |
| 3 |
KeyBank National Association
Cleveland,
Ohio
|
-$223M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$154M |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$140M |
APD Hedge Fund Activity: Q3 2013 in Review
699 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Air Products & Chemicals (APD) for Q3 2013, worth a combined $19.5B — up 14% from $17B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new APD positions and 50 closed out — a net gain of 40 holders — while 201 added to existing stakes and 293 trimmed.
The largest buyer was Pershing Square Capital Management, adding an estimated $1.07B. The largest seller was Wellington Management Group, exiting entirely with an estimated $555M sold.
- 699 institutional investors held Air Products & Chemicals (APD) as of Q3 2013, up from 668 in Q2 2013.
- Funds reported $19.5B of Air Products & Chemicals stock for Q3 2013, up 14% quarter-over-quarter.
- 90 funds opened new Air Products & Chemicals positions in Q3 2013 and 50 closed out, a net change of +40 holders.
- The largest Air Products & Chemicals buyer in Q3 2013 was Pershing Square Capital Management, an estimated $1.07B added.
- The largest Air Products & Chemicals seller in Q3 2013 was Wellington Management Group, an estimated $555M sold.
Based on aggregated 13F filings for Q3 2013.