2,081 hedge funds and large institutions have $163B invested in Linde in 2025 Q4 according to their latest regulatory filings, with 245 funds opening new positions, 706 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 → $163B (-$14.7B)

11% less funds holding in top 10

Funds holding in top 10: 5549 (-6)

19% less repeat investments, than reductions

Existing positions increased: 706 | Existing positions reduced: 869

Holders
2,081
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
Renaissance Technologies
226
Renaissance Technologies
New York
$54.3M
SOMRS
227
State of Michigan Retirement System
Michigan
$54.2M
CII
228
Capital International Inc
California
$53.7M
AF
229
Aviso Financial
Ontario, Canada
$52.9M
CNB
230
Czech National Bank
Czech Republic
$52.5M
BG
231
Bahl & Gaynor
Ohio
$52.4M
RAM
232
Resona Asset Management
Japan
$51.4M
Nisa Investment Advisors
233
Nisa Investment Advisors
Missouri
$51M
NEI
234
Northwest & Ethical Investments
Ontario, Canada
$50.8M
ECM
235
ExodusPoint Capital Management
New York
$50.8M
EGM
236
Engineers Gate Manager
New York
$50.3M
WGAM
237
Wilkinson Global Asset Management
New York
$50.2M
Hudson Bay Capital Management
238
Hudson Bay Capital Management
Connecticut
$50M
CCM
239
Compass Capital Management
Minnesota
$49.3M
MVIP
240
Mar Vista Investment Partners
California
$48.4M
MIM
241
MetLife Investment Management
New Jersey
$47.7M
FWIA
242
Fort Washington Investment Advisors
Ohio
$47.5M
BPCE
243
Bank Pictet & Cie (Europe)
Germany
$46.4M
Cetera Investment Advisers
244
Cetera Investment Advisers
Illinois
$46.4M
COPPSERS
245
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$46.3M
GD
246
Grandfield & Dodd
New York
$45.8M
NB
247
Norinchukin Bank
Japan
$45.6M
VanEck Associates
248
VanEck Associates
New York
$44.7M
WF
249
Welch & Forbes
Massachusetts
$44.6M
Brown Advisory
250
Brown Advisory
Maryland
$44.5M