Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in APD held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 18.1M | $5.24B | -0.3% | 8.109% | 0.09% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 14.5M | $4.20B | — | 6.498% | 0.11% |
| 3 | STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 11.8M | $3.44B | 0.0% | 5.318% | 2.71% |
| 4 | Capital Research Global Investors | 10.4M | $3.02B | -12.6% | 4.676% | 0.47% |
| 5 | STATE STREET CORP | 10.1M | $2.94B | +2.0% | 4.541% | 0.10% |
| 6 | Capital International Investors | 9.9M | $2.89B | -22.3% | 4.462% | 0.68% |
| 7 | DODGE & COX | 9.2M | $2.68B | -0.1% | 4.146% | 1.47% |
| 8 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.7M | $1.66B | — | 2.565% | 0.09% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 5.0M | $1.44B | +0.8% | 2.242% | 0.09% |
| 10 | BANK OF AMERICA CORP /DE/ | 4.4M | $1.29B | +14.3% | 1.996% | 0.09% |
| 11 | VIKING GLOBAL INVESTORS LP | 4.1M | $1.19B | -14.2% | 1.843% | 3.33% |
| 12 | FRANKLIN RESOURCES INC | 3.5M | $1.01B | -3.5% | 1.566% | 0.25% |
| 13 | RAYMOND JAMES FINANCIAL INC | 3.2M | $926.9M | +6.8% | 1.433% | 0.29% |
| 14 | MORGAN STANLEY | 3.2M | $920.6M | +0.2% | 1.423% | 0.06% |
| 15 | NORTHERN TRUST CORP | 3.1M | $890.6M | -0.1% | 1.377% | 0.12% |
| 16 | Aristotle Capital Management, LLC | 2.7M | $779.7M | +0.5% | 1.205% | 1.63% |
| 17 | Clearbridge Investments, LLC | 2.6M | $758.6M | -3.1% | 1.173% | 0.66% |
| 18 | ROYAL BANK OF CANADA | 2.5M | $732.5M | +9.2% | 1.133% | 0.13% |
| 19 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 584K | $719.2M | -30.1% | 0.262% | 0.24% |
| 20 | BARROW HANLEY MEWHINNEY & STRAUSS LLC | 2.2M | $636.8M | +2.9% | 0.985% | 2.09% |
| 21 | UBS Group AG | 2.1M | $614.4M | -22.1% | 0.950% | 0.09% |
| 22 | GOLDMAN SACHS GROUP INC | 1.9M | $538.6M | +22.6% | 0.833% | 0.06% |
| 23 | Bank of New York Mellon Corp | 1.7M | $497.6M | +2.1% | 0.769% | 0.09% |
| 24 | STIFEL FINANCIAL CORP | 1.6M | $477.7M | +4.4% | 0.739% | 0.44% |
| 25 | DIMENSIONAL FUND ADVISORS LP | 1.6M | $467.7M | +2.7% | 0.723% | 0.10% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in APD — a direct measure of their conviction.
Filings activity in APD during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new APD position in Q1 2026
Institutions that fully closed their APD position in Q1 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,736 | +7.2% | 88.49% | +7.11 pp | $55.48B | +8.7% |
| Q4 2025 | 1,620 | 2.5% | 81.38% | 7.48 pp | $51.03B | 8.4% |
| Q3 2025 | 1,661 | 3.2% | 88.86% | 3.56 pp | $55.72B | 3.9% |
| Q2 2025 | 1,716 | 1.2% | 92.42% | 0.36 pp | $57.95B | 0.4% |
| Q1 2025 | 1,737 | +0.0% | 92.78% | +3.93 pp | $58.18B | +4.4% |
| Q4 2024 | 1,737 | +6.5% | 88.85% | 2.83 pp | $55.71B | 3.1% |
| Q3 2024 | 1,631 | +0.4% | 91.68% | 1.51 pp | $57.49B | 1.6% |
| Q2 2024 | 1,625 | — | 93.19% | — | $58.44B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying APD stock.
Based on Q1 2026 13F filings, institutional ownership of Air Products and Chemicals, Inc. stands at 88.5%, held across 1,736 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of APD, with approximately 18,054,436 shares worth $5.24B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of APD, including VIKING GLOBAL INVESTORS LP.
Our composite Smart Money Score for APD is 71 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
258 institutions opened new positions in APD during Q1 2026, while 142 fully exited. 1,285 added to existing positions and 187 trimmed.
APD institutional ownership rose by 7.11 percentage points quarter-over-quarter, with a net change of +116 holders.
The top 10 institutions account for 51.9% of all reported 13F value in APD, and the top 25 account for 72.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Air Products and Chemicals, Inc. (APD) Institutional Ownership