Air Products & Chemicals
1,669 hedge funds and large institutions have $51.7B invested in Air Products & Chemicals in 2025 Q4 according to their latest regulatory filings, with 172 funds opening new positions, 455 increasing their positions, 811 reducing their positions, and 179 closing their positions.
77% more call options, than puts
Call options by funds: $369M | Put options by funds: $208M
1.97% more ownership
Funds ownership: 92.1% → 94.07% (+2%)
4% less first-time investments, than exits
New positions opened: 172 | Existing positions closed: 179
2% less funds holding
Funds holding: 1,707 → 1,669 (-38)
7% less capital invested
Capital invested by funds: $55.9B → $51.7B (-$4.14B)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
44% less repeat investments, than reductions
Existing positions increased: 455 | Existing positions reduced: 811
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$994M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$283M |
| 3 |
ClearBridge Investments
New York
|
+$282M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$169M |
| 5 |
BlackRock
New York
|
+$150M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$260M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$254M |
| 3 |
Morgan Stanley
New York
|
-$189M |
| 4 |
Goldman Sachs
New York
|
-$174M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$169M |
APD Hedge Fund Activity: Q4 2025 in Review
1,669 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Air Products & Chemicals (APD) for Q4 2025, worth a combined $51.7B — down 7.4% from $55.9B a quarter earlier.
Sellers outnumbered buyers: 179 funds closed out of APD and 172 opened new positions — a net loss of 7 holders — while 811 trimmed existing stakes and 455 added.
The largest buyer was Capital International Investors, adding an estimated $994M. The largest seller was Bank of America, cutting an estimated $260M.
- 1,669 institutional investors held Air Products & Chemicals (APD) as of Q4 2025, down from 1,707 in Q3 2025.
- Funds reported $51.7B of Air Products & Chemicals stock for Q4 2025, down 7.4% quarter-over-quarter.
- 172 funds opened new Air Products & Chemicals positions in Q4 2025 and 179 closed out, a net change of -7 holders.
- The largest Air Products & Chemicals buyer in Q4 2025 was Capital International Investors, an estimated $994M added.
- The largest Air Products & Chemicals seller in Q4 2025 was Bank of America, an estimated $260M sold.
Based on aggregated 13F filings for Q4 2025.