Wilmington Savings Fund Society FSB Decreases Air Products and Chemicals Holdings

Institutional investor reduces stake in basic materials company by 20% in Q3

Mar. 19, 2026 at 11:33am

Wilmington Savings Fund Society FSB, an institutional investor, decreased its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 20.0% during the third quarter, according to a recent SEC filing. The firm now owns 16,320 shares of the basic materials company's stock, valued at $4,451,000 as of the filing.

Why it matters

This filing provides insight into the investment decisions of Wilmington Savings Fund Society FSB, a notable institutional investor. The reduction in their Air Products and Chemicals holdings could signal a shift in their outlook on the basic materials sector or the company specifically.

The details

According to the SEC filing, Wilmington Savings Fund Society FSB sold 4,086 shares of Air Products and Chemicals during the third quarter, reducing their total stake in the company by 20.0%. The firm now holds 16,320 shares, worth approximately $4.45 million based on the company's stock price at the time of the filing.

  • The filing covers Wilmington Savings Fund Society FSB's holdings as of the end of the third quarter.

The players

Wilmington Savings Fund Society FSB

An institutional investor that has decreased its holdings in Air Products and Chemicals, Inc.

Air Products and Chemicals, Inc.

A global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania.

Got photos? Submit your photos here. ›

The takeaway

This filing highlights the investment decisions of a major institutional investor in the basic materials sector. While the reasons behind Wilmington Savings Fund Society FSB's reduction in Air Products and Chemicals holdings are not explicitly stated, it provides a data point on the shifting landscape of institutional investments in this industry.