Air Products & Chemicals
1,141 hedge funds and large institutions have $42.7B invested in Air Products & Chemicals in 2019 Q2 according to their latest regulatory filings, with 112 funds opening new positions, 363 increasing their positions, 457 reducing their positions, and 68 closing their positions.
65% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 68
63% more call options, than puts
Call options by funds: $167M | Put options by funds: $103M
52% more funds holding in top 10
Funds holding in top 10: 31 → 47 (+16)
16% more capital invested
Capital invested by funds: $36.8B → $42.7B (+$5.94B)
3% more funds holding
Funds holding: 1,110 → 1,141 (+31)
1.97% less ownership
Funds ownership: 87.82% → 85.85% (-2%)
21% less repeat investments, than reductions
Existing positions increased: 363 | Existing positions reduced: 457
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$279M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$232M |
| 3 |
JP Morgan Chase
New York
|
+$194M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$131M |
| 5 |
Goldman Sachs
New York
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$450M |
| 2 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$188M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$181M |
| 4 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$118M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
-$108M |
APD Hedge Fund Activity: Q2 2019 in Review
1,141 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Air Products & Chemicals (APD) for Q2 2019, worth a combined $42.7B — up 16% from $36.8B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new APD positions and 68 closed out — a net gain of 44 holders — while 363 added to existing stakes and 457 trimmed.
The largest buyer was Bank of America, adding an estimated $279M. The largest seller was T. Rowe Price Associates, cutting an estimated $450M.
- 1,141 institutional investors held Air Products & Chemicals (APD) as of Q2 2019, up from 1,110 in Q1 2019.
- Funds reported $42.7B of Air Products & Chemicals stock for Q2 2019, up 16% quarter-over-quarter.
- 112 funds opened new Air Products & Chemicals positions in Q2 2019 and 68 closed out, a net change of +44 holders.
- The largest Air Products & Chemicals buyer in Q2 2019 was Bank of America, an estimated $279M added.
- The largest Air Products & Chemicals seller in Q2 2019 was T. Rowe Price Associates, an estimated $450M sold.
Based on aggregated 13F filings for Q2 2019.