2,096 hedge funds and large institutions have $164B invested in Linde in 2025 Q4 according to their latest regulatory filings, with 253 funds opening new positions, 712 increasing their positions, 869 reducing their positions, and 209 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more ownership

Funds ownership:

more call options, than puts

Call options by funds: $ | Put options by funds: $

less funds holding

Funds holding:

8% less capital invested

Capital invested by funds: $178B → $164B (-$14.2B)

11% less funds holding in top 10

Funds holding in top 10: 5549 (-6)

18% less repeat investments, than reductions

Existing positions increased: 712 | Existing positions reduced: 869

Holders
2,096
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
49
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$922M
Puts
$893M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SLAM
226
Swiss Life Asset Management
$55.1M
Renaissance Technologies
227
Renaissance Technologies
New York
$54.3M
SOMRS
228
State of Michigan Retirement System
Michigan
$54.2M
CII
229
Capital International Inc
California
$53.7M
AF
230
Aviso Financial
Ontario, Canada
$52.9M
CNB
231
Czech National Bank
Czech Republic
$52.5M
BG
232
Bahl & Gaynor
Ohio
$52.4M
RAM
233
Resona Asset Management
Japan
$51.4M
Nisa Investment Advisors
234
Nisa Investment Advisors
Missouri
$51M
NEI
235
Northwest & Ethical Investments
Ontario, Canada
$50.8M
ECM
236
ExodusPoint Capital Management
New York
$50.8M
EGM
237
Engineers Gate Manager
New York
$50.3M
WGAM
238
Wilkinson Global Asset Management
New York
$50.2M
Hudson Bay Capital Management
239
Hudson Bay Capital Management
Connecticut
$50M
CCM
240
Compass Capital Management
Minnesota
$49.3M
MVIP
241
Mar Vista Investment Partners
California
$48.4M
MIM
242
MetLife Investment Management
New Jersey
$47.7M
FWIA
243
Fort Washington Investment Advisors
Ohio
$47.5M
BPCE
244
Bank Pictet & Cie (Europe)
Germany
$46.4M
Cetera Investment Advisers
245
Cetera Investment Advisers
Illinois
$46.4M
COPPSERS
246
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$46.3M
GD
247
Grandfield & Dodd
New York
$45.8M
NB
248
Norinchukin Bank
Japan
$45.6M
VanEck Associates
249
VanEck Associates
New York
$44.7M
WF
250
Welch & Forbes
Massachusetts
$44.6M