London-based AKO Capital significantly increased its stake in industrial gas supplier Air Products and Chemicals (APD) by over 137% during the second quarter of 2026. The firm added approximately 320,000 shares, elevating its total position to 553,360. This transaction increased the weight of APD in AKO Capital's reported portfolio to 3.78% from a previous 1.33%, with the holding's value rising to $162.23 million.
This trade information comes from a quarterly 13F filing, which discloses positions held as of June 30, 2026. During that quarter, Air Products reported strong financial results, beating analyst expectations on revenue and earnings and raising its full-year guidance. AKO Capital's investment philosophy focuses on holding high-quality companies for the long term.