Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

AIR PRODUCTS AND CHEMICALS I (APD)

2K + Investors. Track Smart Money conviction in APD. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -38
Streak
4Q ▼
Buyers last Q
38%

Smart Money Signals — APD

Based on 1573 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds reduced or closed their APD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
1,573 funds currently hold this stock — 94% of the 3.0-year high of 1,681 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 6% fewer funds vs a year ago

fund count last 6Q
108 fewer hedge funds hold APD compared to a year ago (-6% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 38% buying

601 buying970 selling
Last quarter: 970 funds sold vs only 601 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
📈

More new buyers each quarter (+48 vs last Q)

new funds entering per quarter
Funds opening a new APD position: 140 → 119 → 112 → 160. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

75% of holders stayed for 2+ years

■ 75% conviction (2yr+) ■ 14% medium ■ 11% new
1,174 out of 1,573 hedge funds have held APD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~160 new funds/quarter

195 → 140 → 119 → 112 → 160 new funds/Q
New funds entering each quarter: 140 → 119 → 112 → 160. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 74% of holders stayed 2+ years

■ 74% veterans ■ 10% 1-2yr ■ 16% new
Of 1,617 current holders: 1,193 (74%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
50 of 1573 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in APD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: APD

How many hedge funds hold APD — quarterly history vs. share price
Quarterly hedge fund ownership of APD vs. share price

Market Analysis: APD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: APD

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

146 top-rated funds 6 high-conviction
Consensus
9.4
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: APD
2026 Q1 Stats Unlock in 11 days 2K + Investors

Track Smart Money conviction in APD. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 1617 1658 -2.47%
13F Shares 209M 204M 2.39%
Total Value $51.41B $55.47B -7.32%
New Positions 163 116 +47
Increased Positions 516 612 -96
Closed Positions 202 150 +52
Reduced Positions 815 720 +95
Total Calls 27 31 -12.9%
Total Puts 24 26 -7.69%
PUT/CALL Ratio 0.89 0.84 Neutral

Statistics: APD

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Return on Assets (ttm) --
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Institutional Holders (2026 Q1)

2K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in APD. Verified SEC 13F-HR filings.

Top 25 institutional holders of APD — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 HF Capital, LLC 7.67% 63,149 $18.3M
2 Tiller Private Wealth, Inc. 4.32% 41,896 $12.2M
3 Belfer Management LLC 4.02% 828 $240K
4 NAN FUNG TRINITY (HK) Ltd 3.08% 96,680 $28.1M
5 SPRING CAPITAL MANAGEMENT, LLC 3.01% 20,514 $6.0M
6 Two Point Capital Management, Inc. 2.86% 22,586 $6.6M
7 Eliot Finkel Investment Counsel, LLC 2.86% 18,095 $5.3M
8 STALEY CAPITAL ADVISERS INC 2.67% 216,797 $63.0M
9 GS Investments, Inc. 2.64% 15,841 $4.6M
10 Clark & Stuart, Inc 2.62% 13,378 $3.9M
11 HFR Wealth Management, LLC 2.60% 36,490 $10.6M
12 DILLON & ASSOCIATES INC 2.27% 56,838 $16K
13 A. D. Beadell Investment Counsel, Inc. 2.22% 11,947 $3K
14 BNC WEALTH MANAGEMENT, LLC 2.18% 27,103 $7.9M
15 Crescent Sterling, Ltd. 2.13% 7,565 $2.2M
16 Compass Wealth Management LLC 2.11% 29,363 $8.5M
17 Franklin, Parlapiano, Turner & Welch, LLC 2.10% 28,964 $8.8M
18 CrossGen Wealth, LLC 2.04% 8,006 $2.3M
19 GRANDFIELD & DODD, LLC 1.82% 111,061 $32.3M
20 Solidarity Wealth, LLC 1.80% 32,270 $9.4M
21 CARDEROCK CAPITAL MANAGEMENT INC 1.78% 24,758 $7.2M
22 TWIN CITY PRIVATE WEALTH, LLC 1.77% 8,030 $2.3M
23 Long Road Investment Counsel, LLC 1.70% 14,960 $4.3M
24 S&CO INC 1.70% 94,428 $27K
25 Founders Capital Management 1.67% 11,808 $3.4M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — AIR PRODUCTS AND CHEMICALS I (APD)

What does the Smart Money Trend signal show for APD?

Selling streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds reduced or closed their APD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for APD?

Heavy selling pressure — only 38% buying: Last quarter: 970 funds sold vs only 601 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for APD holders?

Elite ownership — 58% AUM from top-100 funds: 50 of 1573 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in APD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held APD?

75% of holders stayed for 2+ years: 1,174 out of 1,573 hedge funds have held APD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.