Air Products & Chemicals
1,707 hedge funds and large institutions have $55.9B invested in Air Products & Chemicals in 2025 Q3 according to their latest regulatory filings, with 106 funds opening new positions, 584 increasing their positions, 706 reducing their positions, and 118 closing their positions.
283% more call options, than puts
Call options by funds: $473M | Put options by funds: $124M
5% less capital invested
Capital invested by funds: $58.6B → $55.9B (-$2.68B)
1.17% less ownership
Funds ownership: 93.27% → 92.1% (-1.2%)
3% less funds holding
Funds holding: 1,751 → 1,707 (-44)
10% less first-time investments, than exits
New positions opened: 106 | Existing positions closed: 118
17% less repeat investments, than reductions
Existing positions increased: 584 | Existing positions reduced: 706
40% less funds holding in top 10
Funds holding in top 10: 20 → 12 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$438M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$258M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$238M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$176M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$130M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$192M |
| 2 |
SI
Scharf Investments
Los Gatos,
California
|
-$145M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$142M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$108M |
| 5 |
ECP
Electron Capital Partners
New York
|
-$95.6M |
APD Hedge Fund Activity: Q3 2025 in Review
1,707 of the 7,646 institutional investors tracked by Wall St. Rank reported a position in Air Products & Chemicals (APD) for Q3 2025, worth a combined $55.9B — down 4.6% from $58.6B a quarter earlier.
Sellers outnumbered buyers: 118 funds closed out of APD and 106 opened new positions — a net loss of 12 holders — while 706 trimmed existing stakes and 584 added.
The largest buyer was Viking Global Investors, adding an estimated $438M. The largest seller was First Trust Advisors, cutting an estimated $192M.
- 1,707 institutional investors held Air Products & Chemicals (APD) as of Q3 2025, down from 1,751 in Q2 2025.
- Funds reported $55.9B of Air Products & Chemicals stock for Q3 2025, down 4.6% quarter-over-quarter.
- 106 funds opened new Air Products & Chemicals positions in Q3 2025 and 118 closed out, a net change of -12 holders.
- The largest Air Products & Chemicals buyer in Q3 2025 was Viking Global Investors, an estimated $438M added.
- The largest Air Products & Chemicals seller in Q3 2025 was First Trust Advisors, an estimated $192M sold.
Based on aggregated 13F filings for Q3 2025.