APD ranks #177 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
1782 institutions disclose a position in APD, but none treat it as a major bet — even Viking Global Investors LP, its most concentrated holder, allocates just 4.0% of its own portfolio to it.
BlackRock has added to its APD position for two straight quarters, increasing it by $899.0M to reach $5.4B today.
Capital International Investors has trimmed its APD position for two straight quarters, cutting it by $360.7M while still holding $2.8B.
APD is up 1.4% today, and institutions have been net buyers of $17.7B this quarter — today's price move and the underlying institutional flow are pointing the same direction.