Free · no sign-up · Q2 2026

Which funds own APD

Air Products and Chemicals I in the Q2 2026 filings. At least 9 of the 91 current managers on file reported a position, worth $8.4bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went one way: 7 managers opened or added against 3 cutting.

Managers holding: 9; at least, of 91 current
Combined value: $8.4bn; as reported
Opened: 0; new this quarter
Added to: 7; already held
Trimmed or sold out: 3; 1 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Capital Research Global Investors Long-only · $717bn book	$3.1bn	0.4%	10,602,157	+$84m+191,647	Added
Dodge & Cox Activist · $191bn book	$2.8bn	1.4%	9,393,493	+$72m+161,918	Added
Viking Global Investors LP Long/short equity · $35.1bn book	$1.4bn	4.0%	4,740,351	+$198m+636,256	Added
MFS Investment Management Long-only · $315bn book	$688m	0.2%	445,145	-$31m-138,609	Trimmed
Marshall Wace LLP Quantitative · $127bn book	$181m	0.1%	618,709	+$76m+255,198	Added
Holocene Advisors LP Long/short equity · $44.4bn book	$118m	0.3%	403,069	-$205m-707,843	Trimmed
Acadian Asset Management LLC Quantitative · $84.2bn book	$115m	0.1%	390,465	+$112m+381,857	Added
Woodline Partners LP Long/short equity · $32.4bn book	$61m	0.2%	207,291	+$54m+182,297	Added
Markel Group Inc Activist · $13.1bn book	$26m	0.2%	88,500	+$4.0m+13,000	Added

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Schonfeld Strategic Advisors LLC · Multi-strategy$3.1m held before

Ownership through time

At least 15 of the 95 managers whose filings are on file listed APD in Q2 2026, against 13 in Q2 2013. The same number as in Q1 2026: 3 listed it again; 3 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

No manager on file started a position.

Largest increases, by shares

Viking Global Investors LP4,104,095 to 4,740,351 shares+$187m
Marshall Wace LLP363,511 to 618,709 shares+$75m
Millennium Management LLC532,190 to 756,421 shares+$66m
Capital Research Global Investors10,410,510 to 10,602,157 shares+$56m
Dodge & Cox9,231,575 to 9,393,493 shares+$47m

Largest decreases, by shares

MFS Investment Management583,754 to 445,145 shares-$214m
Holocene Advisors LP1,110,912 to 403,069 shares-$208m
D. E. Shaw & Co.721,913 to 581,019 shares-$41m
Neuberger Berman Group LLC305,045 to 302,523 shares-$739k

Left it

No manager on file is shown leaving it.

Manager	First listed	Largest	Q2 2026
Capital Research Global Investors	Q2 2013	$4.3bn	$3.1bn
Dodge & Cox	Q2 2013	$2.8bn	$2.8bn
Viking Global Investors LP	Q3 2014	$1.4bn	$1.4bn
MFS Investment Management	Q2 2013	$815m	$688m
Millennium Management LLC	Q4 2013	$222m	$222m
Marshall Wace LLP	Q3 2014	$181m	$181m
D. E. Shaw & Co.	Q2 2014	$240m	$170m
Holocene Advisors LP	Q2 2018	$323m	$118m
Acadian Asset Management LLC	Q1 2022	$114m	$114m
Neuberger Berman Group LLC	Q3 2015	$682m	$89m
Woodline Partners LP	Q1 2025	$61m	$61m
Squarepoint Ops LLC	Q1 2015	$68m	$37m
Markel Group Inc	Q2 2013	$26m	$26m
Brevan Howard Capital Management LP	Q1 2026	$3.5m	$3.5m
First Eagle Investment Management LLC	Q1 2015	$350m	$13k
Pershing Square Capital Management LP	Q2 2013	$3.1bn	last listed Q1 2017
T. Rowe Price Associates Inc	Q2 2013	$1.9bn	last listed Q4 2023
Fidelity (FMR LLC)	Q2 2016	$1.2bn	last listed Q1 2025
Capital World Investors	Q2 2013	$1.1bn	last listed Q3 2025
Janus Henderson Group Ltd	Q2 2013	$739m	last listed Q3 2024
Wellington Management Group LLP	Q2 2013	$555m	last listed Q2 2013
Invesco Ltd	Q2 2013	$513m	last listed Q3 2025
Soroban Capital Partners LP	Q1 2014	$430m	last listed Q4 2015
Citadel Advisors LLC	Q4 2015	$403m	last listed Q1 2026
AllianceBernstein LP	Q2 2013	$283m	last listed Q1 2025

What APD is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around APD →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

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