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Air Products & Chemicals

771 hedge funds and large institutions have $23.9B invested in Air Products & Chemicals in 2014 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 222 increasing their positions, 318 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

687% more call options, than puts

Call options by funds: $760M | Put options by funds: $96.6M

30% more funds holding in top 10

Funds holding in top 10: 2330 (+7)

23% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 53

10% more capital invested

Capital invested by funds: $21.8B → $23.9B (+$2.07B)

1% more funds holding

Funds holding: 763771 (+8)

0.5% more ownership

Funds ownership: 93.9%94.41% (+0.5%)

30% less repeat investments, than reductions

Existing positions increased: 222 | Existing positions reduced: 318

Holders
771
Holders Change
+8
Holders Change %
+1.05%
% of All Funds
22.16%
Holding in Top 10
30
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+30.43%
% of All Funds
0.86%
New
65
Increased
222
Reduced
318
Closed
53
Calls
$760M
Puts
$96.6M
Net Calls
+$664M
Net Calls Change
+$260M
Name Holding Trade Value Shares
Change
Change in
Stake
PSCM
1
Pershing Square Capital Management
New York
$2.64B
State Farm Mutual Automobile Insurance
2
State Farm Mutual Automobile Insurance
Illinois
$1.98B
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.61B +$46.3M +414,718 +3%
State Street
4
State Street
Massachusetts
$1.42B +$970K +8,693 +0.1%
BIT
5
BlackRock Institutional Trust
California
$717M +$8.6M +77,061 +1%
Franklin Resources
6
Franklin Resources
California
$671M -$37.1M -332,717 -6%
DSA
7
Davis Selected Advisers
Arizona
$616M -$199M -1,786,615 -26%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$560M +$11.6M +103,678 +2%
Capital World Investors
9
Capital World Investors
California
$543M
HCM
10
Highfields Capital Management
Massachusetts
$493M +$121M +1,081,000 +35%
SC
11
Sculptor Capital
New York
$465M -$45.3M -405,709 -9%
SCP
12
Soroban Capital Partners
New York
$430M +$239M +2,138,785 +145%
Northern Trust
13
Northern Trust
Illinois
$396M +$12.6M +112,582 +4%
Wells Fargo
14
Wells Fargo
California
$357M -$60.7M -544,521 -15%
SIG
15
Senator Investment Group
New York
$354M +$30.1M +270,250 +10%
YCMGA
16
York Capital Management Global Advisors
New York
$317M -$931K -8,342 -0.3%
Principal Financial Group
17
Principal Financial Group
Iowa
$298M +$44.8M +401,764 +19%
FTCM
18
Fir Tree Capital Management
New York
$287M +$24.6M +220,633 +10%
BFA
19
BlackRock Fund Advisors
California
$285M +$11.7M +104,907 +5%
Bank of America
20
Bank of America
North Carolina
$266M -$3.03M -27,167 -1%
Capital International Investors
21
Capital International Investors
California
$244M -$1.11M -9,978 -0.5%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$198M -$1.27M -11,413 -0.7%
BG
23
BlackRock Group
United Kingdom
$182M +$5.02M +44,975 +3%
BCPEM
24
Bain Capital Public Equity Management
Massachusetts
$180M -$13.5M -120,640 -7%
CRM
25
Cramer Rosenthal McGlynn
Connecticut
$179M -$8.91M -79,916 -5%