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Air Products & Chemicals

1,098 hedge funds and large institutions have $30.7B invested in Air Products & Chemicals in 2018 Q4 according to their latest regulatory filings, with 155 funds opening new positions, 390 increasing their positions, 354 reducing their positions, and 89 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more first-time investments, than exits

New positions opened: 155 | Existing positions closed: 89

47% more funds holding in top 10

Funds holding in top 10: 1725 (+8)

18% more call options, than puts

Call options by funds: $111M | Put options by funds: $93.9M

10% more repeat investments, than reductions

Existing positions increased: 390 | Existing positions reduced: 354

5% more funds holding

Funds holding: 1,0441,098 (+54)

1.06% more ownership

Funds ownership: 86.65%87.72% (+1.1%)

2% less capital invested

Capital invested by funds: $31.4B → $30.7B (-$741M)

Holders
1,098
Holders Change
+54
Holders Change %
+5.17%
% of All Funds
24.47%
Holding in Top 10
25
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+47.06%
% of All Funds
0.56%
New
155
Increased
390
Reduced
354
Closed
89
Calls
$111M
Puts
$93.9M
Net Calls
+$16.8M
Net Calls Change
-$11.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.07B +$90.9M +573,306 +3%
BlackRock
2
BlackRock
New York
$2.74B +$50.4M +317,875 +2%
State Farm Mutual Automobile Insurance
3
State Farm Mutual Automobile Insurance
Illinois
$2.46B
State Street
4
State Street
Massachusetts
$1.67B +$45.7M +288,450 +3%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$1.43B +$178M +1,122,004 +14%
Barrow, Hanley, Mewhinney & Strauss
6
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.2B -$44.8M -282,764 -4%
Bank of America
7
Bank of America
North Carolina
$1.05B -$84.5M -533,268 -8%
Franklin Resources
8
Franklin Resources
California
$691M -$5.55M -34,999 -0.8%
JP Morgan Chase
9
JP Morgan Chase
New York
$647M +$27.1M +170,922 +4%
Wells Fargo
10
Wells Fargo
California
$627M -$82.6M -521,073 -12%
Janus Henderson Group
11
Janus Henderson Group
United Kingdom
$567M -$74.1M -467,401 -12%
FPP
12
Findlay Park Partners
United Kingdom
$526M +$31.2M +196,923 +6%
Northern Trust
13
Northern Trust
Illinois
$519M +$16M +100,657 +3%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$481M -$15.4M -96,902 -3%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$421M +$29.7M +187,347 +8%
Capital World Investors
16
Capital World Investors
California
$409M -$40.8M -257,660 -9%
Capital International Investors
17
Capital International Investors
California
$400M +$72M +454,500 +22%
Principal Financial Group
18
Principal Financial Group
Iowa
$360M -$70.2M -442,846 -16%
Neuberger Berman Group
19
Neuberger Berman Group
New York
$333M +$93.3M +588,766 +39%
Invesco
20
Invesco
Georgia
$331M +$4.25M +26,798 +1%
Deutsche Bank
21
Deutsche Bank
Germany
$256M +$100M +632,689 +65%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$254M -$251M -1,581,610 -50%
LM
23
Luminus Management
Texas
$216M -$59.3M -373,876 -22%
BG
24
Bahl & Gaynor
Ohio
$204M +$72.8M +459,587 +56%
RJA
25
Raymond James & Associates
Florida
$184M +$7.8M +49,241 +4%

APD Hedge Fund Activity: Q4 2018 in Review

1,098 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Air Products & Chemicals (APD) for Q4 2018, worth a combined $30.7B — down 2.4% from $31.4B a quarter earlier.

Buyers outnumbered sellers: 155 funds opened new APD positions and 89 closed out — a net gain of 66 holders — while 390 added to existing stakes and 354 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $178M. The largest seller was Fidelity Investments, cutting an estimated $251M.

  • 1,098 institutional investors held Air Products & Chemicals (APD) as of Q4 2018, up from 1,044 in Q3 2018.
  • Funds reported $30.7B of Air Products & Chemicals stock for Q4 2018, down 2.4% quarter-over-quarter.
  • 155 funds opened new Air Products & Chemicals positions in Q4 2018 and 89 closed out, a net change of +66 holders.
  • The largest Air Products & Chemicals buyer in Q4 2018 was T. Rowe Price Associates, an estimated $178M added.
  • The largest Air Products & Chemicals seller in Q4 2018 was Fidelity Investments, an estimated $251M sold.

Based on aggregated 13F filings for Q4 2018.