Wedge Capital Management Reduces Air Products and Chemicals Holdings

The investment firm sold over 6,000 shares of the basic materials company in the fourth quarter.

Mar. 30, 2026 at 12:08pm

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Wedge Capital Management L L P NC, an investment management firm, reduced its holdings in Air Products and Chemicals, Inc. (NYSE: APD) by 24.4% in the fourth quarter of 2025, according to a recent SEC filing. The firm sold 6,113 shares of the basic materials company, leaving it with 18,988 shares valued at $4.69 million at the end of the quarter.

Why it matters

This transaction reflects Wedge Capital Management's portfolio adjustments and changes in its investment strategy for Air Products and Chemicals, a major global supplier of industrial gases and related equipment. The sale could signal the firm's view on the company's near-term prospects or a broader shift in its investment approach.

The details

According to the filing, Wedge Capital Management sold 6,113 shares of Air Products and Chemicals during the fourth quarter of 2025, reducing its total holdings in the company to 18,988 shares. The shares were valued at $4.69 million at the end of the quarter. The sale represented a 24.4% decrease in Wedge Capital Management's position in the basic materials company.

  • Wedge Capital Management filed the report detailing the share sale in the fourth quarter of 2025.

The players

Wedge Capital Management L L P NC

An investment management firm that reduced 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.

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The takeaway

This transaction highlights the ongoing portfolio adjustments and investment strategy changes made by Wedge Capital Management, which reduced its position in the industrial gas supplier Air Products and Chemicals. The sale could signal the firm's view on the company's near-term prospects or a broader shift in its investment approach.