Air Products and Chemicals, Inc.
MX ˙ BMV ˙ US0091581068
SecurityMX:APD / Air Products and Chemicals, Inc.
InstitutionMorgan Stanley
Latest Disclosed Ownership3,169,177 shares
Latest Disclosed Value $ 920,615,344
Morgan Stanley reports 0.23% increase in ownership of APD / Air Products and Chemicals, Inc.

On May 15, 2026 - Morgan Stanley filed a 13F-HR form disclosing ownership of 3,169,177 shares of Air Products and Chemicals, Inc. (MX:APD) valued at $920,615,344 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on May 27, 2026 disclosing 3,162,043 shares of Air Products and Chemicals, Inc.. This represents a change in shares of 0.23% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F AIR PRODUCTS AND CHEMICALS I COM 009158106 3,169,177 7,134 0.23 920,615 17.86 0.0555
2026-05-27 2025-12-31 13F/A-1 AIR PRODS & CHEMS COM 009158106 3,162,043 -745,390 -19.08 781,089 -26.70 0.0466
2026-02-13 2025-12-31 13F AIR PRODS & CHEMS COM 009158106 3,162,043 -745,390 781,089 0.0466
2026-05-27 2025-09-30 13F/A-1 AIR PRODS & CHEMS COM 009158106 3,907,433 190,562 5.13 1,065,636 1.65 0.0645
2025-11-14 2025-09-30 13F AIR PRODS & CHEMS COM 009158106 3,907,433 190,562 1,065,636 0.0645
2025-08-15 2025-06-30 13F AIR PRODS & CHEMS COM 009158106 3,716,871 -447,560 -10.75 1,048,381 -14.64 0.0683
2025-05-15 2025-03-31 13F AIR PRODS & CHEMS COM 009158106 4,164,431 337,232 8.81 1,228,175 10.64 0.0878
2025-05-15 2024-12-31 13F/A-1 AIR PRODS & CHEMS COM 009158106 3,827,199 202,229 5.58 1,110,042 2.85 0.0778
2025-02-14 2024-12-31 13F AIR PRODS & CHEMS COM 009158106 3,827,199 202,229 1,110,042 0.0778
2025-05-14 2024-09-30 13F/A-2 AIR PRODS & CHEMS COM 009158106 3,624,970 -58,024 -1.58 1,079,300 13.56 0.0783
2025-02-14 2024-09-30 13F/A-1 AIR PRODS & CHEMS COM 009158106 3,624,970 -58,024 1,079,300 0.0783
2024-11-14 2024-09-30 13F AIR PRODS & CHEMS COM 009158106 3,624,970 -58,024 1,079,300 0.0093
2025-05-14 2024-06-30 13F/A-2 AIR PRODS & CHEMS COM 009158106 3,682,994 -156,367 -4.07 950,398 2.18 0.0735
2024-10-17 2024-06-30 13F/A-1 AIR PRODS & CHEMS COM 009158106 3,682,994 -156,367 950,398 0.0735
2024-08-14 2024-06-30 13F AIR PRODS & CHEMS COM 009158106 3,682,994 -156,367 950,398 0.0735
2024-10-17 2024-03-31 13F/A-2 AIR PRODS & CHEMS COM 009158106 3,839,361 -1,238,935 -24.40 930,163 -33.10 0.0746
2024-08-16 2024-03-31 13F/A-1 AIR PRODS & CHEMS COM 009158106 3,839,361 -1,238,935 930,163 0.0087
2024-05-15 2024-03-31 13F AIR PRODS & CHEMS COM 009158106 3,839,361 -1,238,935 930,163 0.0746
2024-08-16 2023-12-31 13F/A-1 AIR PRODS & CHEMS COM 009158106 5,078,296 -224,159 -4.23 1,390,438 -7.47 0.1225
2024-02-13 2023-12-31 13F AIR PRODS & CHEMS COM 009158106 5,078,296 -224,159 1,390,438 0.1225
2023-11-15 2023-09-30 13F AIR PRODS & CHEMS COM 009158106 5,302,455 235,037 4.64 1,502,717 -1.00 0.1528
2023-08-14 2023-06-30 13F AIR PRODS & CHEMS COM 009158106 5,067,418 92,937 1.87 1,517,845 6.24 0.1496
2023-05-15 2023-03-31 13F AIR PRODS & CHEMS COM 009158106 4,974,481 -439,527 -8.12 1,428,722 -14.39 0.1532
2023-02-14 2022-12-31 13F AIR PRODS & CHEMS COM 009158106 5,414,008 1,115,729 25.96 1,668,923 66.84 0.1895
2022-11-14 2022-09-30 13F AIR PRODS & CHEMS COM 009158106 4,298,279 264,035 6.54 1,000,338 3.11 0.1363
2022-10-27 2022-06-30 13F/A-1 AIR PRODS & CHEMS COM 009158106 4,034,244 1,560,248 63.07 970,156 56.91 0.1259
2022-08-15 2022-06-30 13F AIR PRODS & CHEMS COM 009158106 4,034,244 1,560,248 970,156 0.0254
2022-10-27 2022-03-31 13F/A-1 AIR PRODS & CHEMS COM 009158106 2,473,996 348,923 16.42 618,275 -4.38 0.0834
2022-05-13 2022-03-31 13F AIR PRODS & CHEMS COM 009158106 2,473,996 348,923 618,275 0.0834
2022-02-14 2021-12-31 13F AIR PRODS & CHEMS COM 009158106 2,125,073 133,168 6.69 646,576 26.74 0.0798
2021-11-15 2021-09-30 13F AIR PRODS & CHEMS COM 009158106 1,991,905 50,300 2.59 510,147 -8.67 0.0687
2021-08-23 2021-06-30 13F/A-1 AIR PRODS & CHEMS COM 009158106 1,941,605 222,002 12.91 558,561 15.45 0.0737
2021-08-16 2021-06-30 13F AIR PRODS & CHEMS COM 009158106 1,941,605 222,002 558,561 0.0153
2021-05-17 2021-03-31 13F AIR PRODS & CHEMS COM 009158106 1,719,603 363,123 26.77 483,793 30.54 0.0711
2021-02-16 2020-12-31 13F AIR PRODS & CHEMS COM 009158106 1,356,480 158,482 13.23 370,618 3.86 0.0572
2020-11-13 2020-09-30 13F AIR PRODS & CHEMS COM 009158106 1,197,998 261,748 27.96 356,834 57.84 0.0690
2020-08-14 2020-06-30 13F AIR PRODS & CHEMS COM 009158106 936,250 -4,825 -0.51 226,068 20.35 0.0500
2020-05-26 2020-03-31 13F/A-1 AIR PRODS & CHEMS COM 009158106 941,075 -45,423 -4.60 187,849 -18.97 0.0510
2020-05-15 2020-03-31 13F AIR PRODS & CHEMS COM 009158106 941,075 -45,423 187,849 14,430.7192
2020-02-14 2019-12-31 13F AIR PRODS & CHEMS COM 009158106 986,498 102,466 11.59 231,819 18.20 0.0539
2019-11-14 2019-09-30 13F AIR PRODS & CHEMS COM 009158106 884,032 79,727 9.91 196,131 7.72 0.0519
2019-08-14 2019-06-30 13F AIR PRODS & CHEMS COM 009158106 804,305 -139,150 -14.75 182,071 1.06 0.0485
2019-05-15 2019-03-31 13F AIR PRODS & CHEMS COM 009158106 943,455 -52,818 -5.30 180,163 12.99 0.0510
2019-02-14 2018-12-31 13F AIR PRODS & CHEMS COM 009158106 996,273 142,163 16.64 159,454 11.76 0.0477
2019-04-23 2018-09-30 13F/A-2 AIR PRODS & CHEMS COM 009158106 854,110 154,103 22.01 142,680 30.88 0.0357
2018-11-20 2018-09-30 13F/A-1 AIR PRODS & CHEMS COM 009158106 854,110 0 142,680 0.0357
2018-11-14 2018-09-30 13F AIR PRODS & CHEMS COM 009158106 854,110 154,103 142,680
2019-04-23 2018-06-30 13F/A-1 AIR PRODS & CHEMS COM 009158106 700,007 -18,605 -2.59 109,012 -4.61 0.0295
2018-08-14 2018-06-30 13F AIR PRODS & CHEMS COM 009158106 700,007 -18,605 109,012
2019-04-23 2018-03-31 13F/A-1 AIR PRODS & CHEMS COM 009158106 718,612 -121,117 -14.42 114,280 -17.06 0.0317
2018-05-14 2018-03-31 13F AIR PRODS & CHEMS COM 009158106 718,612 -121,117 114,280
2019-04-23 2017-12-31 13F/A-1 AIR PRODS & CHEMS COM 009158106 839,729 126,889 17.80 137,781 27.82 0.0377
2018-02-14 2017-12-31 13F AIR PRODS & CHEMS COM 009158106 839,729 126,889 137,781
2017-11-14 2017-09-30 13F AIR PRODS & CHEMS COM 009158106 712,840 -369,384 -34.13 107,794 -30.38 0.0323
2017-08-11 2017-06-30 13F AIR PRODS & CHEMS COM 009158106 1,082,224 12,438 1.16 154,821 6.97 0.0468
2017-05-22 2017-03-31 13F/A-1 AIR PRODS & CHEMS COM 009158106 1,069,786 312,409 41.25 144,731 32.87 0.0445
2017-05-12 2017-03-31 13F AIR PRODS & CHEMS COM 009158106 1,069,786 144,731
2017-02-22 2016-12-31 13F/A-1 AIR PRODS & CHEMS COM 009158106 757,377 -135,066 -15.13 108,924 -18.82 0.0356
2017-02-13 2016-12-31 13F AIR PRODS & CHEMS COM 009158106 757,377 108,924
2016-11-10 2016-09-30 13F AIR PRODS & CHEMS COM 009158106 892,443 107,029 13.63 134,171 20.27 0.0458
2016-08-12 2016-06-30 13F AIR PRODS & CHEMS COM 009158106 785,414 -179,202 -18.58 111,560 -19.71 0.0403
2016-05-12 2016-03-31 13F AIR PRODS & CHEMS COM 009158106 964,616 -471,722 -32.84 138,954 -25.65 0.0535
2016-02-09 2015-12-31 13F AIR PRODS & CHEMS COM 009158106 1,436,338 329,818 29.81 186,883 32.38 0.0676
2016-02-08 2015-09-30 13F/A-1 AIR PRODS & CHEMS COM 009158106 1,106,520 110,346 11.08 141,169 3.57 0.0522
2015-11-09 2015-09-30 13F AIR PRODS & CHEMS COM 009158106 1,106,520 141,169
2015-08-12 2015-06-30 13F AIR PRODS & CHEMS COM 009158106 996,174 325,833 48.61 136,307 34.41 0.0472
2015-05-14 2015-03-31 13F AIR PRODS & CHEMS COM 009158106 670,341 -231,930 -25.71 101,413 -22.07 0.0373
2015-02-13 2014-12-31 13F AIR PRODS & CHEMS COM 009158106 902,271 40,040 4.64 130,133 15.93 0.0476
2014-12-16 2014-09-30 13F/A-1 AIR PRODS & CHEMS COM 009158106 862,231 -526,521 -37.91 112,247 -37.16 0.0432
2014-11-14 2014-09-30 13F AIR PRODS & CHEMS COM 009158106 862,231 112,247
2014-08-12 2014-06-30 13F AIR PRODS & CHEMS COM 009158106 1,388,752 502,181 56.64 178,622 69.25 0.3055
2014-05-13 2014-03-31 13F AIR PRODS & CHEMS COM 009158106 886,571 14,780 1.70 105,538 8.30 0.0442
2014-02-13 2013-12-31 13F AIR PRODS & CHEMS COM 009158106 871,791 190,516 27.96 97,449 34.22 0.0415
2013-11-13 2013-09-30 13F AIR PRODS & CHEMS INC COM S COM 009158106 681,275 128,081 23.15 72,603 43.32 0.0343
2013-08-08 2013-06-30 13F AIR PRODS & CHEMS INC COM S COM 009158106 553,194 553,194 50,657 0.0256
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.