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
SYBT
326
Stock Yards Bank & Trust
Kentucky
$27.1M
MP
327
Munro Partners
Australia
$26.5M
NPA
328
Nichols & Pratt Advisers
Massachusetts
$26.3M
BT
329
Banque Transatlantique
France
$26.2M
TAM
330
Trillium Asset Management
Massachusetts
$26.1M
EAM
331
Exane Asset Management
France
$26.1M
OSAM
332
O'Shaughnessy Asset Management
Connecticut
$26.1M
VLKIM
333
Van Lanschot Kempen Investment Management
Netherlands
$25.8M
EDRH
334
Edmond de Rothschild Holding
Switzerland
$25.7M
MWM
335
Moran Wealth Management
Florida
$25.5M
MFIM
336
Mesirow Financial Investment Management
Illinois
$25.4M
ECM
337
Estuary Capital Management
Minnesota
$25.4M
Sands Capital Management
338
Sands Capital Management
Virginia
$25.2M
SBWIC
339
Schaper Benz & Wise Investment Counsel
Wisconsin
$25.1M
NAM
340
NorthCrest Asset Manangement
Minnesota
$25M
KC
341
Kepler Cheuvreux
$25M
QCM
342
QRG Capital Management
Illinois
$24.8M
ACM
343
Agave Capital Management
$24.8M
CGPCS
344
Capital Group Private Client Services
California
$24.7M
TRSOTSOK
345
Teachers Retirement System of the State of Kentucky
Kentucky
$24.5M
CIBC World Market
346
CIBC World Market
Ontario, Canada
$24.3M
M&T Bank
347
M&T Bank
New York
$24M
LSERS
348
Louisiana State Employees Retirement System
Louisiana
$23.5M
PC
349
Pelham Capital
United Kingdom
$23.4M
CTI
350
Community Trust & Investment
Kentucky
$23.4M