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Air Products & Chemicals

793 hedge funds and large institutions have $24.4B invested in Air Products & Chemicals in 2015 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 254 increasing their positions, 309 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

145% more call options, than puts

Call options by funds: $434M | Put options by funds: $178M

2.02% more ownership

Funds ownership: 95.24%97.26% (+2%)

4% less funds holding

Funds holding: 825793 (-32)

5% less capital invested

Capital invested by funds: $25.7B → $24.4B (-$1.34B)

9% less funds holding in top 10

Funds holding in top 10: 3431 (-3)

18% less repeat investments, than reductions

Existing positions increased: 254 | Existing positions reduced: 309

34% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 77

Holders
793
Holders Change
-32
Holders Change %
-3.88%
% of All Funds
22.14%
Holding in Top 10
31
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-8.82%
% of All Funds
0.87%
New
51
Increased
254
Reduced
309
Closed
77
Calls
$434M
Puts
$178M
Net Calls
+$257M
Net Calls Change
+$126M
Name Holding Trade Value Shares
Change
Change in
Stake
PSCM
1
Pershing Square Capital Management
New York
$2.62B
State Farm Mutual Automobile Insurance
2
State Farm Mutual Automobile Insurance
Illinois
$1.96B
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.61B +$15.4M +120,680 +0.9%
State Street
4
State Street
Massachusetts
$1.13B +$12.8M +100,832 +1%
Barrow, Hanley, Mewhinney & Strauss
5
Barrow, Hanley, Mewhinney & Strauss
Texas
$973M +$1.05B +8,240,959 +381,173%
Viking Global Investors
6
Viking Global Investors
Connecticut
$755M +$1.58M +12,434 +0.2%
BIT
7
BlackRock Institutional Trust
California
$676M -$16.4M -128,887 -2%
Capital World Investors
8
Capital World Investors
California
$638M -$10.7M -84,442 -2%
Franklin Resources
9
Franklin Resources
California
$605M -$798K -6,270 -0.1%
SC
10
Sculptor Capital
New York
$547M -$204M -1,599,575 -26%
JHIU
11
Janus Henderson Investors US
Colorado
$455M -$170M -1,336,885 -26%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$418M -$27.8M -218,225 -6%
Wells Fargo
13
Wells Fargo
California
$386M +$25.4M +199,564 +7%
Principal Financial Group
14
Principal Financial Group
Iowa
$343M +$6.74M +52,974 +2%
SCP
15
Soroban Capital Partners
New York
$338M -$10.7M -83,854 -3%
Northern Trust
16
Northern Trust
Illinois
$332M -$7.81M -61,411 -2%
Adage Capital Partners
17
Adage Capital Partners
Massachusetts
$301M -$1.06M -8,324 -0.3%
BFA
18
BlackRock Fund Advisors
California
$284M +$404K +3,179 +0.1%
Bank of America
19
Bank of America
North Carolina
$264M +$14.2M +111,361 +5%
HCM
20
Highfields Capital Management
Massachusetts
$244M -$50.3M -394,996 -16%
WRF
21
Waddell & Reed Financial
Kansas
$229M +$1.43M +11,228 +0.6%
BRC
22
Blue Ridge Capital
New York
$203M
BG
23
BlackRock Group
United Kingdom
$202M -$2.42M -19,024 -1%
Goldman Sachs
24
Goldman Sachs
New York
$200M +$77.1M +605,776 +56%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$195M -$18.7M -146,588 -8%

APD Hedge Fund Activity: Q3 2015 in Review

793 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Air Products & Chemicals (APD) for Q3 2015, worth a combined $24.4B — down 5.2% from $25.7B a quarter earlier.

Sellers outnumbered buyers: 77 funds closed out of APD and 51 opened new positions — a net loss of 26 holders — while 309 trimmed existing stakes and 254 added.

The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $1.05B. The largest seller was Senator Investment Group, cutting an estimated $275M.

  • 793 institutional investors held Air Products & Chemicals (APD) as of Q3 2015, down from 825 in Q2 2015.
  • Funds reported $24.4B of Air Products & Chemicals stock for Q3 2015, down 5.2% quarter-over-quarter.
  • 51 funds opened new Air Products & Chemicals positions in Q3 2015 and 77 closed out, a net change of -26 holders.
  • The largest Air Products & Chemicals buyer in Q3 2015 was Barrow, Hanley, Mewhinney & Strauss, an estimated $1.05B added.
  • The largest Air Products & Chemicals seller in Q3 2015 was Senator Investment Group, an estimated $275M sold.

Based on aggregated 13F filings for Q3 2015.