Air Products & Chemicals
734 hedge funds and large institutions have $20.4B invested in Air Products & Chemicals in 2013 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 221 increasing their positions, 279 reducing their positions, and 45 closing their positions.
98% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 45
66% more call options, than puts
Call options by funds: $185M | Put options by funds: $112M
6% more funds holding in top 10
Funds holding in top 10: 16 → 17 (+1)
5% more funds holding
Funds holding: 699 → 734 (+35)
3% more capital invested
Capital invested by funds: $19.7B → $20.4B (+$658M)
2.28% less ownership
Funds ownership: 95.43% → 93.15% (-2.3%)
21% less repeat investments, than reductions
Existing positions increased: 221 | Existing positions reduced: 279
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
+$272M |
| 2 |
SC
Sculptor Capital
New York
|
+$267M |
| 3 |
YCMGA
York Capital Management Global Advisors
New York
|
+$240M |
| 4 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$200M |
| 5 |
EPCM
Eton Park Capital Management
New York
|
+$74.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$248M |
| 2 |
JP Morgan Chase
New York
|
-$246M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$159M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$111M |
| 5 |
Gates Foundation Trust
Kirkland,
Washington
|
-$103M |
APD Hedge Fund Activity: Q4 2013 in Review
734 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Air Products & Chemicals (APD) for Q4 2013, worth a combined $20.4B — up 3.3% from $19.7B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new APD positions and 45 closed out — a net gain of 44 holders — while 221 added to existing stakes and 279 trimmed.
The largest buyer was Senator Investment Group, opening a new position worth an estimated $272M. The largest seller was Massachusetts Financial Services, cutting an estimated $248M.
- 734 institutional investors held Air Products & Chemicals (APD) as of Q4 2013, up from 699 in Q3 2013.
- Funds reported $20.4B of Air Products & Chemicals stock for Q4 2013, up 3.3% quarter-over-quarter.
- 89 funds opened new Air Products & Chemicals positions in Q4 2013 and 45 closed out, a net change of +44 holders.
- The largest Air Products & Chemicals buyer in Q4 2013 was Senator Investment Group, an estimated $272M added.
- The largest Air Products & Chemicals seller in Q4 2013 was Massachusetts Financial Services, an estimated $248M sold.
Based on aggregated 13F filings for Q4 2013.