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
YCM
301
Yousif Capital Management
Michigan
$31.3M
GDADCM
302
Groupe des Assurances du Credit Mutuel
France
$31M
WAM
303
Wallington Asset Management
Indiana
$30.9M
CP
304
Cumberland Partners
Ontario, Canada
$30.8M
PFSRSONJ
305
Police & Firemen's Retirement System of New Jersey
New Jersey
$30.7M
CTB
306
Country Trust Bank
Illinois
$30.7M
Robeco Institutional Asset Management
307
Robeco Institutional Asset Management
Netherlands
$30.6M
Creative Planning
308
Creative Planning
Kansas
$30.6M
Kayne Anderson Rudnick Investment Management
309
Kayne Anderson Rudnick Investment Management
California
$30.5M
TAF
310
Tredje AP-fonden
Sweden
$29.4M
Rafferty Asset Management
311
Rafferty Asset Management
New York
$29.1M
Pathstone Holdings
312
Pathstone Holdings
New Jersey
$28.7M
RFC
313
Regions Financial Corp
Alabama
$28.6M
BPC
314
Banque Pictet & Cie
Switzerland
$28.6M
National Bank of Canada
315
National Bank of Canada
Quebec, Canada
$28.3M
MLL
316
Moody Lynn & Lieberson
Massachusetts
$28.3M
RWP
317
RWA Wealth Partners
Massachusetts
$28.1M
Prudential Financial
318
Prudential Financial
New Jersey
$27.7M
SMDAM
319
Sumitomo Mitsui DS Asset Management
Japan
$27.7M
DKCM
320
Davidson Kempner Capital Management
New York
$27.7M
BCM
321
Bowie Capital Management
Texas
$27.7M
ACA
322
Aptus Capital Advisors
Alabama
$27.4M
NNPTE
323
Nationale-Nederlanden Powszechne Towarzystwo Emerytalne
Poland
$27.4M
NLGIA
324
Nippon Life Global Investors Americas
New York
$27.4M
Macquarie Group
325
Macquarie Group
Australia
$27.1M