Hedge Funds Show Mixed Sentiment on Air Products & Chemicals
In a recent review of 27 new 13F filings for the 03/31/2025 reporting period, Air Products & Chemicals Inc (Symbol: APD) was held by 11 hedge funds. When multiple hedge fund managers show similar interests, it can be insightful to analyze their behaviors.
It’s essential to note that 13F filings have limitations. Funds only report their long positions to the SEC and do not disclose short positions. For instance, a fund might have a bearish outlook on a stock while simultaneously holding a long position for trading flexibility. This could lead to misconceptions about overall bullishness based solely on disclosed holdings.
Despite these caveats, examining groups of 13F filings can provide valuable insights, especially over different reporting periods. Below is a summary of changes in APD positions from the latest filings:
| Fund | New Position? | Change In Share Count | Change In Market Value ($ in 1000’s) |
|---|---|---|---|
| FourThought Financial Partners LLC | Existing | –18,481 | –$5,154 |
| Motco | Existing | –2,523 | –$644 |
| Integrated Investment Consultants LLC | NEW | +4,411 | +$1,301 |
| TD Asset Management Inc | Existing | –156 | +$371 |
| HB Wealth Management LLC | Existing | +6,045 | +$1,916 |
| Zurcher Kantonalbank Zurich Cantonalbank | Existing | +4,381 | +$1,720 |
| Cornerstone Advisory LLC | Existing | +51 | –$13 |
| Providence Wealth Advisors LLC | NEW | +750 | +$219 |
| Spectrum Wealth Counsel LLC | Existing | UNCH | $UNCH |
| Intellus Advisors LLC | Existing | –184 | +$146 |
| Investment Management Corp VA ADV | Existing | UNCH | +$1 |
| Aggregate Change: | –5,706 | –$137 | |
In total, 3 funds raised their APD positions from 12/31/2024 to 03/31/2025. Conversely, 4 funds decreased their holdings, while 2 established new positions.
Expanding the analysis across all funds holding APD as of the 03/31/2025 reporting date, we noted a significant trend. Comparing with the 12/31/2024 figures, funds collectively reduced their APD holdings by 982,904 shares, dropping from 36,509,343 to 35,526,439. This represents a decline of approximately 2.69%. The top three funds holding APD as of 03/31/2025 were:
We will continue monitoring 13F filings from hedge fund managers and aim to highlight noteworthy patterns across different filing periods. While individual filings may provide an incomplete picture, analyzing aggregated data across fund groups can yield valuable insights for further exploration, such as the trends surrounding Air Products & Chemicals Inc (Symbol: APD).
10 S&P 500 Components Hedge Funds Are Buying »
Also see:
• earnings History
• Top Ten Hedge Funds Holding IPDN
• Institutional Holders of NPN
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.








