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Air Products & Chemicals, Inc.

APD
Exchange
NYSE
Industry
Industrial Inorganic Chemicals
SEC CIK
0000002969

No open-market purchases or sales by Air Products & Chemicals, Inc. insiders were filed in the last 90 days; 1,779 institutions reported holding it in 13F filings for Q2 2026, worth $59.4B in total; superinvestors Viking Global Investors and Markel Group hold it.

13F holders, Q4 2025

Institutional positions in Air Products & Chemicals, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,668
−8 vs. Q3 2025
Shares held
209.6M
+4.94M (+2.4%) vs. Q3 2025
Total value
$51.7B
−$4.05B (−7.3%) vs. Q3 2025
New holders
171
456 more added
Sold out
179
811 more reduced

31 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting APD on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 1,668 institutions
Q1 2021: 1,401 institutionsQ2 2021: 1,423 institutionsQ3 2021: 1,396 institutionsQ4 2021: 1,536 institutionsQ1 2022: 1,482 institutionsQ2 2022: 1,466 institutionsQ3 2022: 1,474 institutionsQ4 2022: 1,614 institutionsQ1 2023: 1,588 institutionsQ2 2023: 1,620 institutionsQ3 2023: 1,631 institutionsQ4 2023: 1,717 institutionsQ1 2024: 1,659 institutionsQ2 2024: 1,681 institutionsQ3 2024: 1,680 institutionsQ4 2024: 1,803 institutionsQ1 2025: 1,794 institutionsQ2 2025: 1,750 institutionsQ3 2025: 1,707 institutionsQ4 2025: 1,668 institutionsQ1 2026: 1,791 institutionsQ2 2026: 1,779 institutions
Value heldQ4 2025: $51.7B
Q1 2021: $51.2BQ2 2021: $52.5BQ3 2021: $47.0BQ4 2021: $56.2BQ1 2022: $45.6BQ2 2022: $44.7BQ3 2022: $43.4BQ4 2022: $58.1BQ1 2023: $53.7BQ2 2023: $55.8BQ3 2023: $53.0BQ4 2023: $51.1BQ1 2024: $45.7BQ2 2024: $50.2BQ3 2024: $59.3BQ4 2024: $58.2BQ1 2025: $60.4BQ2 2025: $58.6BQ3 2025: $55.9BQ4 2025: $51.7BQ1 2026: $57.8BQ2 2026: $59.4B
Institutions holding APD and their total value by quarter
QuarterHoldersValue
Q2 20261,779$59.4B
Q1 20261,791$57.8B
Q4 20251,668$51.7B
Q3 20251,707$55.9B
Q2 20251,750$58.6B
Q1 20251,794$60.4B
Q4 20241,803$58.2B
Q3 20241,680$59.3B
Q2 20241,681$50.2B
Q1 20241,659$45.7B
Q4 20231,717$51.1B
Q3 20231,631$53.0B
Q2 20231,620$55.8B
Q1 20231,588$53.7B
Q4 20221,614$58.1B
Q3 20221,474$43.4B
Q2 20221,466$44.7B
Q1 20221,482$45.6B
Q4 20211,536$56.2B
Q3 20211,396$47.0B
Q2 20211,423$52.5B
Q1 20211,401$51.2B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Air Products & Chemicals, Inc.; share changes are against Q3 2025.

Institutions holding APD in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc22,304,678$5.51B0.08%+303,944+1.4%Added
BlackRock, Inc.18,099,947$4.47B0.08%+590,373+3.4%Added
Capital International Investors12,792,580$3.16B0.50%+3,922,567+44.2%Added
Capital Research Global Investors11,904,537$2.94B0.54%+137,595+1.2%Added
State Farm Mutual Automobile Insurance Co11,840,799$2.92B2.30%00.0%Unchanged
State Street Corp9,911,504$2.45B0.08%+352,012+3.7%Added
Dodge & Cox9,236,610$2.28B1.23%+231,718+2.6%Added
JPMorgan Chase & Co6,237,108$1.54B0.10%−300,723−4.6%Reduced
Geode Capital Management, LLC4,950,176$1.22B0.08%−167,222−3.3%Reduced
Viking Global Investors LPSuperinvestorViking Global Investors4,782,534$1.18B3.14%+1,115,415+30.4%Added
Norges Bank4,306,964$1.06B0.11%+4,306,964New
Mantle Ridge LP4,107,517$1.01B40.53%00.0%Unchanged
Bank of America Corp3,887,343$960.3M0.07%−1,025,049−20.9%Reduced
Franklin Resources Inc3,614,167$892.8M0.22%−1,002,138−21.7%Reduced
Morgan Stanley3,162,043$781.1M0.05%−745,390−19.1%Reduced
Northern Trust Corp3,067,411$757.7M0.10%−201,634−6.2%Reduced
Raymond James Financial Inc2,987,420$738.0M0.23%−87,724−2.9%Reduced
Clearbridge Investments, LLC2,694,659$665.6M0.53%+1,111,378+70.2%Added
UBS Group AG2,681,485$662.4M0.13%+233,888+9.6%Added
Aristotle Capital Management, LLC2,669,621$659.5M1.32%−307,030−10.3%Reduced
Royal Bank of Canada2,308,129$570.2M0.10%−261,220−10.2%Reduced
Barrow Hanley Mewhinney & Strauss LLC2,129,895$526.1M1.75%−169,404−7.4%Reduced
Wells Fargo & Company1,747,049$431.6M0.08%−61,194−3.4%Reduced
Bank of New York Mellon Corp1,678,106$414.5M0.07%−255,714−13.2%Reduced
Citadel Advisors LLC1,631,039$402.9M0.27%+668,490+69.4%Added
Principal Financial Group Inc1,622,309$400.8M0.20%−141,269−8.0%Reduced
Stifel Financial Corp1,575,339$389.2M0.35%−69,498−4.2%Reduced
Dimensional Fund Advisors LP1,567,799$387.3M0.08%+29,210+1.9%Added
Goldman Sachs Group Inc1,495,936$369.5M0.05%−687,758−31.5%Reduced
London Co of Virginia1,358,082$335.5M1.94%−143,533−9.6%Reduced
Charles Schwab Investment Management Inc1,345,876$332.5M0.05%+18,841+1.4%Added
FMR LLC1,288,315$318.2M0.02%−139,321−9.8%Reduced
Invesco Ltd.1,215,303$300.2M0.03%−665,349−35.4%Reduced
Sessa Capital IM, L.P.1,185,672$292.9M5.82%+293,870+33.0%Added
Legal & General Group Plc1,121,608$277.1M0.06%−9,036−0.8%Reduced
UBS Asset Management Americas Inc1,040,494$257.0M0.05%+9,188+0.9%Added
Nuveen, LLC844,893$208.7M0.05%−85,555−9.2%Reduced
Massachusetts Financial Services Co835,033$206.3M0.07%−321,525−27.8%Reduced
ProShare Advisors LLC670,374$165.6M0.29%+65,999+10.9%Added
Envestnet Asset Management Inc613,430$151.5M0.04%−126,202−17.1%Reduced
Swiss National Bank609,880$150.7M0.09%−31,620−4.9%Reduced
Sumitomo Mitsui Trust Holdings, Inc.565,469$139.7M0.08%−14,928−2.6%Reduced
Barclays PLC551,663$136.3M0.05%−237,996−30.1%Reduced
Amundi510,050$126.0M0.03%−11,399−2.2%Reduced
BNP Paribas Arbitrage, SA502,197$124.1M0.08%−15,458−3.0%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.486,719$121.9M0.08%+23,760+5.1%Added
Cincinnati Insurance Co469,232$115.9M1.77%00.0%Unchanged
HSBC Holdings PLC466,254$115.2M0.07%+25,977+5.9%Added
Deutsche Bank AG464,166$114.7M0.04%+27,312+6.3%Added
Bahl & Gaynor Inc444,105$109.7M0.56%−285,389−39.1%Reduced
HRT Financial LP442,683$109.4M0.35%+442,683New
Neuberger Berman Group LLC412,754$102.0M0.08%−112,024−21.3%Reduced
LPL Financial LLC397,468$98.2M0.03%−1,095−0.3%Reduced
Ameriprise Financial Inc393,885$97.4M0.02%−69,305−15.0%Reduced
Rhumbline Advisers385,142$95.1M0.08%−8,331−2.1%Reduced
Haverford Trust Co368,755$91.1M0.81%−37,835−9.3%Reduced
The PNC Financial Services Group, Inc.355,648$87.9M0.05%−41,615−10.5%Reduced
Bristol John W & Co Inc347,303$85.8M1.32%−7,093−2.0%Reduced
Douglas Lane & Associates, LLC336,847$83.2M1.14%+31,500+10.3%Added
Price T Rowe Associates Inc330,125$81.5M0.01%+1,767+0.5%Added
M&T Bank Corp329,303$81.3M0.26%−8,783−2.6%Reduced
National Pension Service327,998$81.0M0.06%−167,870−33.9%Reduced
Empower Advisory Group, LLC309,201$76.4M0.21%−83,987−21.4%Reduced
California Public Employees Retirement System296,879$73.3M0.04%−1,366−0.5%Reduced
HighTower Advisors, LLC266,873$65.9M0.07%−20,272−7.1%Reduced
California State Teachers Retirement System265,404$65.6M0.07%−3,019−1.1%Reduced
SEI Investments Co264,884$65.4M0.06%−17,790−6.3%Reduced
Nomura Asset Management Co Ltd264,281$65.3M0.17%+16,744+6.8%Added
CI Private Wealth, LLC255,464$63.1M0.09%−34,154−11.8%Reduced
Wealth Enhancement Advisory Services, LLC241,953$62.6M0.08%−8,542−3.4%Reduced
Citigroup Inc244,700$60.4M0.04%+46,904+23.7%Added
Point72 Asset Management, L.P.244,423$60.4M0.09%+175,852+256.5%Added
Bank of Montreal240,605$59.4M0.02%−51,526−17.6%Reduced
Alliancebernstein L.P.224,763$55.5M0.02%−7,926−3.4%Reduced
New York State Common Retirement Fund211,880$52.3M0.07%−3,300−1.5%Reduced
Janney Montgomery Scott LLC211,626$52.3M0.12%−89,956−29.8%Reduced
STRS Ohio206,841$51.1M0.19%+3,473+1.7%Added
D. E. Shaw & Co., Inc.199,760$49.3M0.04%+198,593+17,017.4%Added
Anchor Capital Advisors LLC197,207$48.7M1.41%+147,228+294.6%Added
Adage Capital Partners GP, L.L.C.195,940$48.4M0.07%−41,400−17.4%Reduced
CBOE Vest Financial, LLC194,855$48.1M0.61%+10,372+5.6%Added
State Board of Administration of Florida Retirement System192,677$47.6M0.08%−6,315−3.2%Reduced
Confluence Investment Management LLC190,299$47.0M0.70%−12,255−6.1%Reduced
Boston Trust Walden Corp188,253$46.5M0.35%−45,863−19.6%Reduced
Mariner, LLC186,978$46.2M0.05%−44,808−19.3%Reduced
First Trust Advisors LP186,958$46.2M0.03%+27,844+17.5%Added
Capital International Inc185,237$45.8M0.36%+57,343+44.8%Added
Aviva PLC184,700$45.6M0.08%+9,760+5.6%Added
Captrust Financial Advisors170,955$42.2M0.08%−9,070−5.0%Reduced
Cardinal Capital Management, Inc.124,278$42.1M0.95%+4,045+3.4%Added
Canada Pension Plan Investment Board168,842$41.7M0.03%00.0%Unchanged
Storebrand Asset Management AS165,812$41.0M0.11%−7,827−4.5%Reduced
Balyasny Asset Management LLC163,633$40.4M0.08%+127,323+350.7%Added
New York State Teachers Retirement System162,878$40.2M0.08%−6,343−3.7%Reduced
Cetera Investment Advisers161,763$40.0M0.04%−9,801−5.7%Reduced
RNC Capital Management LLC161,623$39.9M1.82%−20,191−11.1%Reduced
Tocqueville Asset Management L.P.156,327$38.6M0.56%−28,748−15.5%Reduced
Healthcare of Ontario Pension Plan Trust Fund149,797$37.0M0.06%+53,986+56.3%Added
Cincinnati Financial Corp145,900$36.0M0.70%00.0%Unchanged
Staley Capital Advisers Inc144,032$35.6M1.47%+74,868+108.2%Added